Goldmoney is an investment company that allows people to buy, sell and transfer precious metals. It also has a referral program that offers commissions.
Goldmoney values transparency and is a great place to start investing in precious metals. They disclose all fees and rates in black and white so you can make an informed decision without feeling rushed or cheated.
It’s a scam
Goldmoney is a company that offers a unique way to invest in precious metals. It enables users to cashout their holdings at any time, using various methods, including bank wire, prepaid credit card, or physical gold.
The company also offers a referral program that pays commissions to people who refer new clients. It also has a wide selection of vault locations around the world, including Zurich, Switzerland, Ottawa, Canada, Toronto, Canada, Singapore, London, United Kingdom, and Hong Kong.
In addition, the company also allows users to redeem their holdings for physical gold or silver through a live agent. This process can be complicated and time-consuming, though.
Some complaints against Goldmoney involve problems with account access and storage fees. One person tried to get rid of their money before a new storage fee and fee schedule took effect, but the company blocked the request. Another customer’s account was locked after the company changed ownership and he couldn’t access his money.
It’s not BBB accredited
Goldmoney is a company that provides a service to help people store their precious metals. It also provides other services to help clients grow their investment portfolios.
However, Goldmoney does not receive any BBB accreditation. This is a huge red flag for anyone looking to invest their money with the company.
This is why it is important to conduct a thorough due diligence before investing your money with any company. It is a good idea to read consumer reviews and check out other customers’ experiences with the company before making your decision.
The Better Business Bureau is a non-profit organization that promotes trust and integrity in the business marketplace. Unlike an A-to-F rating, BBB accreditation requires a business to go through a more rigorous vetting process.
It’s not regulated
Goldmoney review is not regulated by any government or financial regulator. This is a big issue because it allows for illegal activity to flourish, and if the company is taken down or suspended, there will be no way to recover your investment.
It also means that your money is not insured against theft or other fraud. This is important because there are many HYIP scams and Internet criminal activities that can occur on the web, and you want to make sure your money is safe.
You can avoid these issues by only dealing with reputable companies that are regulated and have strict know your customer rules and anti-money laundering regulations in place. You should also never use a service that does not allow you to verify your identity using biometric technology, because this is a major step in making goldmoney review a safe and secure environment for your money.
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It’s not insured
When you’re investing in gold and other precious metals with a company such as Goldmoney, it is crucial that they protect your investments. That’s why they provide you with a secure storage option for your precious metals in the form of their Holding account.
This is where your investment in gold, silver, platinum, and palladium will be stored in vaults around the world. They have partnered with leading professional private vault operators in Canada, Hong Kong, Singapore, Switzerland, Germany, and the United Kingdom to offer clients an unparalleled level of security and convenience.
Your precious metals are fully allocated, which means that you’re not just holding them in your name, but that they’re also physically redeemable. Additionally, your vaulted gold is insured according to industry standards for theft and damage.