Welcome to my review of OneGold Review!
Do you want to preserve your money and wealth through investing?
Do you want to invest in precious metals?
If so, let us read this review and get to know one of the companies that offer gold and precious metals investments!
Let's start this One Gold Review!
OneGold Quick Summary
- Name: One Gold
- Website: https://www.onegold.com/
- CEO/Owner: Ken Lewis
- Price: Varies
- Rating: 4.8/5.0
What is OneGold?
OneGold gives you direct ownership of vaulted gold, silver, and platinum at an ultra-low cost. They are a precious metals company.
You can get your own precious metals through their online marketplace and platform.
Through their online platform, you can create a free account that can provide you with 24/7 access, a best-in-class user experience, and the peace of mind that comes with dealing with industry leaders.
More so, OneGold is an online platform for digital assets backed by precious metals. They have the best digital assets in terms of liquidity, security, and vault locations and provide a convenient, easy-to-use platform for your digital metal trading needs. Any product sold on OneGold will be 100% backed by physical metal.
Products and Services of OneGold
U.S. Products
If you buy U.S. products, your precious metals are vaulted in the United States. Prices for gold, silver, and platinum are as follows:
U.S. Gold, U.S. Silver & U.S. Platinum are investment-grade physical precious metals. All of their products are fully allocated and physically segregated.
Aside from this, U.S. products are comprehensively insured against physical loss or damage by Lloyd's of London. Lloyd's of London is the world's leading insurance broker and risk adviser.
Swiss Products
Swiss products offer gold and silver. They are a digital representation of investment-grade physical gold and silver that is backed up on a 1:1 basis by physical gold and silver products.
If you avail of Swiss products, they will be secured in a facility managed by Loomis International, located in Kloten, Switzerland. Enhancing confidence in Switzerland's gold and silver, these products are fully insured against theft and loss.
Canadian Gold and Silver
Canada gold and silver is a digital representation of investment-grade bullion that is backed up by physical gold and silver products, stored at the Royal Canadian Mint.
The Royal Canadian Mint maintains its own insurance policy for loss, damage, or destruction of precious metals while in its care as part of its risk management program.
UK Products
OneGold offers gold and silver. They are home to the world's largest market for wholesale gold and silver trading. With its longstanding history in gold and silver, many investors prefer storing their metal in the United Kingdom.
Storage Fees
In OneGold, there is a $5 minimum charge every quarter for storage. The yearly fee for storing gold is 0.12%, the yearly rate for storing silver is 0.30%, and the yearly rate for storing platinum is 0.30%.
The cost of storing your belongings with them is billed every three months. Moreover, t The calculation is based on the storage rate of the precious metal multiplied by the average daily balance of your holdings.
Your initial step is to determine the precise cost of storing your possessions. And don't worry, the site provides instruments to assist you in doing so.
How Does OneGold Work?
With OneGold, you can tailor your investing experience to fit your individual needs. OneGold customers have the unique option of buying immediately, pre-funding, and the ability to transact 24/7.
You can also use their mobile app or desktop.
Here are the steps in investing with OneGold:
- Create an account.
- Browse Products.
- Pre-fund or buy.
- Secure storage.
- Sell or redeem.
- Withdraw.
OneGold Mobile Application
The OneGold app's round-the-clock trading has made investing in silver and gold much more accessible. The app allows you to monitor market activity and conduct transactions at your convenience. The application can also be used for managing investment portfolios.
You can see where your portfolio stands and make logical choices with the help of the management tools. When you look at the numbers, you can see if you should increase your investment or reduce it.
In addition, if you want to be notified when a certain price is reached for a metal, you can do so with a personalized alert. Even though the exchanges are closed, you can still buy metal if the price reaches your limit.
Plus, you will be able to track real-time spot prices for gold, platinum, and silver and read up on the day's market headlines. You'll learn what factors are influencing metal prices so you can make educated investment decisions.
Reviews and Ratings of OneGold
What I Like About OneGold
- They have an Inventory Audit
OneGold has an inventory audit wherein they receive an inventory report from its vaulting partners identifying the specifics of the metal owned by OneGold and its customers. This helps investors have peace of mind since their investments are backed up by physical metal depending on the vaulting location of One Gold.
- Low Storage Fees
They also have low storage fees depending on the type of storage rate like:
- An Online App
With everything accessible at the tip of our fingers through our mobile phones, OneGold's App will surely make investing and buying precious metals as easy as pie.
- They Offer IRA-services
More so, OneGold is in partnership with Strata Trust Company that will help you set up your Self-Directed IRA. There are three easy steps to do so:
- Create an account with Strata by completing an online form.
- Fund your Strata Account. If you have an existing IRA, transfer your funds to the Strata Account.
- Working with Strata, OneGold will create & fund your account and send your login credentials.
What I Don't Like About OneGold
- A LOT of Issues
Apparently, there are a lot of account issues that I have encountered in reviews about them. So, I am not very sure if you should affiliate yourself with them!
Sometimes you can't withdraw money or you'll account will suddenly be lost. They also don't respond to the issues.
- Not Accredited by Trusted Websites
Sadly, OneGold is not accredited by trusted websites. This will make you doubt how legitimate they are or if they are worth your money.
Is OneGold a Scam?
Generally, OneGold is NOT A SCAM.
You can see that they have put quite an effort into how to serve their customers through developing platforms wherein they can easily invest in gold and precious metals.
However, they should focus on the stability of their application.
Since the application will be holding your private information, it is of utmost importance that they should focus on it.
Final Thoughts
Going digital has its pros and cons.
That's why developers and servers are doing their best to enhance the stability of their applications and software. Thus, going digital is not always the best choice especially when we can't afford to maintain it properly.
So, given this thought, we should also take into consideration having traditional alternatives. In which our private information are well kept and will not be lost.
So, what I will recommend is Augusta Precious Metals.
Augusta is a well-trusted company. It is one of the best in the industry. So, it will best fit your circumstances whichever it is!
You can learn more about them by clicking below!
Thank you for reading my OneGold Review!
