Are you considering investing in precious metals? With its ability to serve as a haven during economic uncertainty, it’s no surprise that precious metals investments are rising.
Thankfully, precious metals companies have made investing in these valuable commodities easy with just a few clicks.
But with so many dealers in the industry, how do you know which precious metals company to choose? Making the right decision is crucial since it’s not an investment to be taken lightly.
That’s why we’ve put together this OneGold review to help you make a more educated decision before you take that leap.
What is OneGold?
OneGold is based out of Oklahoma City. It was created by AMPEX, a well-known player in the precious metals industry, to make investing in precious metals more accessible for casual investors like you.
Now, it’s worth noting that OneGold doesn’t have as many product options as other platforms. However, their selection is acceptable if you only invest in well-known metals like U.S. gold and silver.
Another thing to remember is that while OneGold’s prices may not be the cheapest, they offer surprisingly low rates. This is because they’ve developed a business model that uses digital representations of assets as much as possible to keep operating costs down.
So, even if you’re not the savviest investor, you can still get in on the precious metal action without breaking the bank.
Features of OneGold
Now, let’s dive into some of the key features you can expect from OneGold.
- Purchasing
OneGold has made investing in precious metals as easy as pie, thanks to its digital platform. All you need to do is create an account online, and you’ll have access to a wide range of U.S. gold, silver, and platinum products (you can even browse products from other countries like Switzerland, Canada, and the U.K.).
You have a plethora of options available when it comes to buying metals. Whether you prefer bank wires, ACH, checks, credit cards, or PayPal, OneGold covers it.
If you hold onto your metals with OneGold, they’ll stay safely stored in their secure vaults. But you can sell your metals if you ever change your mind and withdraw funds from your OneGold cash balance anytime.
If you decide to possess your precious metals physically, OneGold has made that process as easy as buying and selling online. You can redeem your funds for coins, bars, or rounds online and have them shipped directly to you via APMEX.
- Precious Metals IRAs
Money Metals offers self-directed IRAs that give you complete control and let you explore more options Instead of investing in the usual things.
They’re a great way to diversify your retirement accounts or investments, and OneGold has built a reputation for being a trustworthy partner in this space. Like a 401K or traditional IRA, a self-directed IRA from OneGold can help your money grow with compound interest and take advantage of tax benefits.
You’re in control of the portfolio you create, so you can easily tailor it to meet your specific investment goals. OneGold is a money metal exchange platform that offers plenty of investment options, and its focus on safety and pricing sets them apart as a custodian.
They have secure facilities to hold precious metals like palladium, platinum, gold, and silver, all accepted by the IRS as IRA investments.
If you’re looking for an exciting retirement venture to help secure your financial future, then OneGold’s IRA might be just what you need. If you make the right investment decisions, you could be well on your way to building a solid retirement nest egg.
- Storage
OneGold offers more than just gold trading. You can also use the platform to purchase silver and platinum, making diversifying your portfolio with different types of metals easy.
OneGold works with trusted vaulting partners like APMEX, Loomis International, and COMEX-approved vaults to store your metals securely.
Plus, all investments are backed by physically-segregated metals within these storage vaults. OneGold purchases insurance from Lloyd’s of London to protect your precious metals.
Pros of OneGold
- Real-time prices displayed online
- 24/7 mobile app trading
- Safe storage of precious metals
- Informative website with educational resources
- No account minimums and low fees
Cons of OneGold
- Less tech-savvy users may find it challenging
- Live support is only available 5 days a week
- Fees charged by OneGold can be high
- There is a high minimum investment required
Is OneGold Worth Your Investment?
OneGold is a trusted platform that offers a wide range of precious metals, secure storage options, and educational resources to help you make informed decisions.
They prioritize the safety and security of their customers, with industry-leading encryption technology and a commitment to never share or sell personal information.
Click here to start your journey with OneGold today if you like the idea of a digital approach to precious metal investing.
