As a Goldflorin client, you benefit from exceptional daily liquidity, which results in highly competitive prices for allocated gold, silver, platinum, and palladium.
Precious Metal Buy & Sell Fees
We charge a 0.5% fee each time you buy or sell precious metal bullion on the Goldflorin platform.
Metal to Metal and Vault to Vault Exchanges
We charge a 0.75% fee to convert one metal position to another or to convert a metal position held in one of our global vault locations to another. This features allows for one discounted transaction option, avoiding the need to make two transactions and pay twice the fees.
Monthly Precious Metal Storage Fees
We provide a low-cost option for storing metal which is up to 90% less than ETF’s and other precious metal products. With Goldflorin, € 100,000 of gold bullion can be Webstored and insured for as little as € 10,00 per month. Unlike Bank Deposit Insurance, there are no limits to coverage of your vaulted precious metal bullion.
Please note that we charge a € 10,00 minimum monthly storage fee that applies to any Holding irrespective of the balance of precious metals. This is done to ensure that we abide by the best practices in Audit, Governance, KYC, and AML regulations. If your precious metal balance results in you already paying € 10,00 or more in storage fees, the minimum storage fee will not affect your account.
MetalFee
| Gold | 0.01% – 0.018% |
| Silver | 0.033% – 0.041% |
| Platinum | 0.03% – 0.049% |
| Palladium | 0.065% – 0.082% |
Account Funding Fees
We offer bank wire transfer and Direct Bank Transfer (CHAPS) as funding methods of Goldflorin. Both funding options are free however your bank or financial institution may charge you for this transfer at the point of origin.
Account Withdrawal Fees
Goldflorin deducts withdrawal fees from your currency balance before funds are sent back to your bank account. These fees are charged by our banks and passed on to you. We transparently disclose these fees to you before each transfer is approved.
CurrencyFunds Transfer Fee
| CAD – Canadian Dollars | € 35,00 per wire transfer |
| CHF – Swiss francs | € 25,00 per wire transfer, € 10,00 for SEPA |
| EUR – Euros | € 25,00 per wire transfer, € 10,00 for SEPA |
| GBP – British pounds | € 20,00 per wire transfer, € 7,00 for Faster Payments/CHAPS |
| USD – U.S. dollars | € 25,00 per wire transfer |
| HKD – Hong Kong dollars | € 200,00 per wire transfer |
| NZD – New Zealand dollars | € 45,00 per wire transfer |
| AUD – Australian dollars | € 40,00 per wire transfer |
Bar Registration Fee
Goldflorin clients may register specific bars in their name with the vault custodian for a corresponding metal fee.
Bar Size/TypeMetalMetal Fee
| 100 grams Gold | 2 grams |
| 1 kilogram Gold | 1.5 grams |
| 1 kilogram Silver | 1.6 ounces |
| Good Delivery Gold | 1 gram |
| Good Delivery Silver | 1 gram |
| Good Delivery Platinum | 1 gram |
| Good Delivery Palladium1 | 1 gram |
Physical Redemptions (From Vault)
Direct physical redemptions of precious metals from each vault can be arranged if you own at least 1 kilogram of gold or 1,000 ounces of silver.
An appointment through our support center will be made on your behalf, at which time you may visit the vault custodian with necessary paperwork to collect your metal. Any vault or administrative costs associated with taking physical processes will be conveyed to you at the time of your request.