Why is GODBEX unique?
For the first time in the history, you can set the spot price of investment gold or any other precious metals on your own terms. The price of gold is not arbitrarily fixed; instead, it’s the market that determines the price based on supply and demand. GODBEX does not interfere in the process in any way. This gives prudent investors the potential opportunity to buy and sell precious metals at a better price than you’d find on typical markets for precious metals.
Additionally, trading on GODBEX means trading with real, physical gold. This means that users cannot buy or withdraw any fraction of a gold bar; instead they have to buy or sell the entire bar. However, this gives users the peace of mind that purchasing on GODBEX means purchasing real precious metals instead of a paper, a contract, or derivative.
Why is GODBEX cost-effective?
It is absolutely free of charge to register on GODBEX. There is a trading fee, which is charged when your order is executed. You will also be charged for an insured and secured vaulting and fully insured, international delivery of precious metals. The trading fee for silver is 1% on every transaction; for platinum the fee is 0,45% and for palladium 0,20%. What makes GODBEX the most cost-effective is the trading fee on investment gold, which amounts to 0,25%, and is the lowest fee in the industry for purchasing physical gold.
Why is GODBEX safe?
Once you buy a bullion bar, you are presented with two choices: to have it delivered to your address or to leave it with GODBEX for safekeeping, a strongly regulated and audited platform. Vaulting is operated by Loomis International, a specialist for international precious metal logistics and vaulting solutions, while the fast and discrete delivery of bullion bars is done via FedEx. Each and every bullion bar available on the platform is standardized and comes from an LBMA-approved refiner.
What if I choose to withdraw the bullion bar?
GODBEX guarantees safe, fast, and discrete delivery of bullion bars via FedEx. The delivery of bullion bars bought is insured above and beyond the standard insurance level supplied by FedEx: GODBEX offers additional insurance to cover any losses that might occur. Therefore, you are not liable for any damage. All packages are fully insured (up to 50,000 euros in value), discretely wrapped, traceable, and delivered within 3-5 business days.
What is the delivery fee?
The fee for physical delivery of gold is 0,5% of the package value plus VAT; the fee is necessary to cover the package insurance.
What if I choose to have the bullion bar vaulted on my behalf?
GODBEX ensures secure, transparent, and certified storage of bullion bars bought on the platform. Every bullion bar held on your behalf is fully allocated, therefore all the bars are 100 % physically present at the storage facility. You will be provided with the serial numbers of bullion bars you own through your GODBEX account. Your precious metals remain physically on-site and are available to ship to your address whenever you choose.
What does 100% allocated gold mean?
GODBEX is committed to providing gold traders with the most secure form of gold ownership, offering fully allocated bullion bars that are not subject to counterparty or default risks associated with unallocated gold accounts. Every investor’s gold holdings are stored separately and identified as belonging to that investor, ensuring complete transparency and ownership protection. All bullion bars available on the platform are securely stored in a Loomis International vault, with ownership easily transferable without requiring physical movement of the bar itself. Upon purchasing a bullion bar on the platform, you will receive a serial number through your GODBEX account, ensuring complete traceability and authenticity of your investment.
Who is in charge of vaulting?
Vaulting is operated by Loomis International, a specialist for international precious metals logistics and vaulting solutions. Loomis International is part of the Loomis Group that operates high security warehouses in the world’s most important financial centres, employing more than 23 000 people in 400 branches worldwide, ensuring the market leader position in the US, Switzerland, and Denmark. Their storages are equipped with latest web-based inventory management, giving you the ability to check your bullion bars around the clock from any location. The storage is completely independent from the banking system, not part of the bankruptcy estate and fully covered by the insurance policy – in no way can you lose your gold. Ever.
Download GODBEX Investment Guide 2023: The In-Depth Gold Analysis
What moves the price of gold? Why gold serves as a portfolio diversifier, an inflation hedge and a safe-haven asset? What is GODBEX and why is it safe to invest on the platform? Find all the relevant and useful information in free-to-download guide, including a glossary of gold-related and investment terms that every investor needs
DOWNLOAD INVESTMENT GUIDE 2023: Comprehensive gold analyses to ensure the security of your investment strategy