| Website: |
www.bullionvault.com |
| Company: |
Galmarley Limited |
| Office location: |
2 King Street Cloisters,
Clifton Walk, London, W6 0GY,
UNITED KINGDOM. |
| Contact: |
Telephone: +44 (0)208 6000 130
E-mail
In person, London office |
| Founder(s): |
Paul Tustain, Alex Edwards, Kris Jenkins |
| Staff: |
Paul Tustain: Director
Alex Edwards: Chief Operations Officer
Kris Jenkins: Chief Technical Officer
Adrian Ash: Head of Research
Catherine Little: Cash Manager
Sonia Franchini: German & Italian Operations Executive
Nittin Saheekoo: French Operations Executive
Robert Nigg: German & French Operations Executive |
| Date founded: |
2003 |
| On-line since: |
2005 |
| Regulation: |
BullionVault is regulated under English Law, registered in Great Britain, company number 4943684. Full member of The London Bullion Market Association (LBMA), who defines the standards and practices of good commercial behaviour for the entire London Bullion Market. Not regulated by the Financial Services Authority, but adopts many of the duties which have been applied by FSA to businesses. |
| Reports and auditing: |
Click here for credit check
Click here for company report Click here for shareholder list
Open audit on site, accesible to members. |
| Objective: |
To create the most cost-effective, secure and accessible market in professional grade gold bullion. |
| Revenues come from: |
Commission, custody fees, interest receipts and the difference between buying and selling prices of gold, known as the "trading turn". |
| Business performance: |
October 2007 financial performance, after absorbing the cost of developing French, German and Italian sites, the business was again profitable, on sales of £41.3m.
Sales for 2008: by March 2008 active customers came from 83 countries and between them owned approximately $250m in stored bullion - approximately 7 tonnes. |
| Site description: |
BullionVault.com is an investment web site for people to buy and sell gold bullion, which they own outright and is securely stored in professional vaults. A safe way to buy, store and sell gold bullion for those who are interested in trading gold or in taking outright ownership of pure physical gold. When customers use the bullionvault.com service to purchase gold, only the ownership of the gold changes, but it never leaves the security of a bullion vault in the UK, Switzerland or the US. On Bullion Vault one can make money from trading (like on Forex), but the most important are savings you can have in pure gold bought at good prices. |
| Subscription requirements: |
Account validation required: send copies of ID and utility bill. |
| Guarantees, compensation of loss: |
BullionVault maintains a compensation fund out of its commission and contributes at a rate of 10% per commission charged. The value of the compensation fund is currently capped at $4m which is a total maintained under review. The independent council for adjudicating on formal complaints has the exclusive power to distribute benefits from this fund. |
| Privacy: |
Your trading activity and gold ownership are not reported to any authorities, anywhere in the world. To maximise your privacy you must quickly validate your account. |
| Payment options: |
Bank wire or swift transfers only |
| Minimum account size: |
1 gram of gold (received as bonus at subscription) |
| Minimum lot size: |
n/a |
| Leverage: |
n/a |
| Trading costs: |
Low |
| Referals: |
25% share of commissions first level, and 6.25% share of commission on second level. |
| Bonus: |
1 gram of pure gold |
| Site security: |
Very secure, professional |
| Whois: |
Registrant: Galmarley Ltd
Registered through: GoDaddy.com, Inc.
Domain Name: BULLIONVAULT.COM
Domain servers in listed order:
- NS17.DOMAINCONTROL.COM
- NS18.DOMAINCONTROL.COM
For complete domain details go to:
http://who.godaddy.com |
| Reviews: |
Read or write a review of BullionVault on MyBestAssociates Blog. Thank you. |
| My opinion: |
I am an investor at BullionVault and I like to have some gold in my diversified investment portfolio. From time to time I even make some money by trading gold. |
| Preview/join link: |
http://www.bullionvault.com/#ROTRADEX |
| Rate this program: |
Coming soon! |