FideliTrade Review

Fidelitrade Overview

Fidelitrade, a well-respected precious metals company, provides an extensive variety of bullion products, IRA services, and storage choices. With decades of experience in the industry and a long list of satisfied clients, Fidelitrade has positioned itself as a reliable resource for investors seeking to diversify their portfolios and secure their financial future.

Company History

Founded by Jonathan Potts in 1998, Fidelitrade has grown from a small team to a large company with over 50 employees. The management team, led by their vice president, boasts a combined total of 300 years of experience in precious metal trading, making Fidelitrade one of the leading gold companies in the industry.

Guided by their commitment to helping clients secure their financial future through precious metals investments, Fidelitrade has become a trusted name in the world of bullion services.

Services Offered

Fidelitrade focuses on:

• Buying and selling gold, platinum, palladium, and silver coins and bars for investors interested in tangible assets
• Providing IRA support
• Offering storage services via their subsidiary, Delaware Depository.

To make investing even more convenient, Fidelitrade provides a bi-monthly accumulation plan, allowing customers to automate their purchases of bulk generic bullion. For those looking to buy or sell at a specific price, Fidelitrade also offers free limit orders, valid for up to 90 days and cancelable at any time.

Precious Metals Products

Fidelitrade provides investors with a diverse selection of precious metals products, including:

• Gold
• Silver
• Platinum
• Palladium

These products are available in the form of bullion coins and bars. As an authorized dealer of the U.S. Mint, Fidelitrade is a trusted source for high-quality precious metals products.

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With their convenient dollar cost averaging accumulation plan, clients can automate their purchases of bulk-generic bullion, selecting the type of metal and desired investment amount.

Gold Products

Fidelitrade offers a wide range of gold products, including coins, bars, and rounds from various mints and manufacturers. Sourced from reputable suppliers, these gold products provide investors with a tangible asset that has historically held its value over time.

With options ranging from gold bullion coins to bars and rounds, investors can choose the gold products that best suit their investment goals and preferences.

Silver Products

Silver enthusiasts will find a diverse array of silver products available at Fidelitrade, including:

• Coins
• Bars
• Rounds
• Unique collectible items

Sourced from international mints and manufacturers, these silver products offer an excellent opportunity for investors to diversify their portfolios while enjoying the potential for long-term growth and wealth preservation.

Platinum and Palladium Products

For those looking to expand their precious metals holdings or sell precious metals, Fidelitrade also offers a variety of platinum and palladium products, including coins and bars. These metals, known for their high density and strength, provide an attractive alternative to traditional gold and silver investments. With precious metals trading purchase options available, investors can diversify their portfolio effortlessly.

With options sourced from reputable mints and manufacturers, investors can be confident in the quality and authenticity of their platinum coins, as well as platinum and palladium holdings.

Pricing and Fees

Fidelitrade is committed to providing competitive pricing and fees for its products and services. With prices based on current market rates and regularly updated, investors can be confident they are receiving fair value for their precious metals investments.

Fidelitrade also accommodates diverse payment options like bank wire transfers, personal checks, and cash or credit card payments for a smooth and hassle-free buying process.

Product Prices

Product prices at Fidelitrade are determined by considering factors such as:

• the current market value of the precious metals
• spot price
• market demand
• supply

These prices are updated regularly to ensure clients receive the most accurate and up-to-date pricing information possible.

To view the current pricing for gold, silver, platinum, and palladium products, investors can visit Fidelitrade’s website.

Storage Fees

Storage fees vary depending on the type of storage chosen (segregated or non-segregated) and the value of the assets stored. These fees are calculated based on factors such as:

• The size of the storage unit
• Location
• Duration of stay
• Replacement value of the stored items

Fidelitrade offers both segregated and non-segregated storage options, allowing clients to choose the best solution for their needs and budget.

Transaction Fees

Fidelitrade aims to uphold transparency and keep transaction fees minimal, without any concealed costs. Fees vary depending on the transaction amount, with a sliding scale applied to different transaction ranges. For example, transactions up to $14,999 incur a 1.00% fee, while transactions between $15,000 to $49,999 have a 0.75% fee.

There is also a minimum purchase and sale fee in place.

Customer Reviews and Reputation

Despite limited customer feedback available, Fidelitrade has established itself as a well-regarded company in the precious metals industry. Clients and review sites alike have a positive opinion of Fidelitrade, which is known for its professional atmosphere, wide range of services, and financial benefits associated with precious metals trading and purchase.

Better Business Bureau

Fidelitrade Incorporated holds an A+ rating with the Better Business Bureau, with a minimal number of complaints. This rating, based on two customer reviews, speaks to the company’s commitment to providing exceptional customer service and high-quality products.

The strong reputation of Fidelitrade among its customers further attests to its dependability and integrity in the industry.

Trustpilot and Other Review Sites

Although Fidelitrade does not appear to be listed on Trustpilot or other review sites, it has received positive feedback from customers, praising its customer service and product offerings. With a 5-star rating from the Better Business Bureau, Fidelitrade’s reputation for customer satisfaction is evident.

This positive feedback further highlights the company’s commitment to providing exceptional service and support to its clients.

IRA Services

Fidelitrade provides IRA services to aid in setting up and managing a precious metals IRA for those considering investing in precious metals as a part of their retirement savings plan. With a focus on gold, silver, platinum, and palladium investments, Fidelitrade provides guidance on which precious metals to include in an individual retirement account and works closely with multiple IRA custodians to ensure a smooth investment process.

Precious Metals IRA

Fidelitrade’s precious metals IRA services help clients diversify their portfolios and secure their financial future by incorporating physical gold, silver, platinum, or palladium into their retirement accounts. The company guides clients through the setup process, working with several IRA custodians to establish a precious metals IRA tailored to their financial goals.

Clients can be confident in the quality and compliance of their precious metals investments with Fidelitrade’s expertise and support.

IRA Custodians

Fidelitrade works with a list of preferred IRA custodians, including Madison Trust and FideliTrade, to ensure a seamless investment process for clients. These custodians play a vital role in the precious metals investment process, safeguarding the assets, ensuring compliance with regulations and tax reporting, and providing professional expertise and guidance.

Fidelitrade’s collaboration with these custodians allows clients to invest with confidence, knowing their assets are in good hands.

Storage Options

Fidelitrade presents both segregated and non-segregated storage choices for precious metals, accommodating the diverse requirements and preferences of its clients. Whether clients opt for the individual storage of segregated storage or the more cost-effective solution of non-segregated storage, Fidelitrade ensures the safekeeping of their precious metals investments.

Segregated Storage

Segregated storage at Fidelitrade offers the following benefits:

• Assets are stored separately from others, with individual labeling for each holding
• Clients receive the same bullion when selling or withdrawing
• Increased security and peace of mind, as assets are not shared with other customers

Fidelitrade’s segregated storage service is one of the premier custody services in the industry, known for its low prices, fully insured deliveries, and custody insurance of up to $1 billion.

Non-Segregated Storage

Non-segregated storage provides a more cost-effective solution for clients looking to store their precious metals with Fidelitrade. In this storage arrangement, assets are stored with those of other clients, resulting in lower storage costs. Fidelitrade still ensures the safety and security of assets in non-segregated storage, individually packaging, sealing, and labeling each client’s bullion.

Counterfeit Detection and Security

Fidelitrade invests in measures for detecting counterfeits and ensuring security to safeguard its clients and their investments. The company utilizes advanced technology, techniques, and expertise to detect counterfeit products and ensure the authenticity of its offerings.

Fidelitrade also employs strict security measures to protect client assets, including insured storage facilities and robust access controls.

Counterfeit Detection

Fidelitrade uses advanced technology and techniques, such as the Counterfeit Validator, to detect counterfeit products and ensure the authenticity of its precious metals offerings. Through their rigorous counterfeit detection process, Fidelitrade guarantees the legitimacy of all bullion stored in their depository, providing clients with peace of mind and confidence in their investments.

Security Measures

Fidelitrade employs strict security measures to protect client assets and safeguard their investments. These measures include insured storage facilities, robust access controls, and the enforcement of confidentiality protocols among employees.

Fidelitrade’s commitment to security ensures that clients can invest with confidence, knowing their precious metals are well-protected.

Top Alternatives to Fidelitrade

Even though Fidelitrade provides a broad range of products and services, various alternatives exist for those interested in investing in precious metals. Competitors such as:

• Goldco
• Charles Schwab
• Vanguard
• Rosland Capital
• Kitco
• Birch Gold Group

Each of these precious metal companies provides their own unique offerings and services through their precious metals division, giving investors a variety of options in the precious metals market.

Goldco

Goldco, a well-liked alternative to Fidelitrade, specializes in offerings of gold and silver IRAs. With an outstanding reputation for customer assistance, Goldco provides:

• Superior customer service
• Informative education on precious metals
• A wealth of resources to help investors make informed decisions about their gold IRA
• A highest buy-back guarantee
• A complimentary precious metals IRA investor kit

These features make Goldco an attractive option for those looking to diversify their portfolios with precious metals investments.

Other Competitors

In addition to Goldco, other competitors in the precious metals market include:

• Charles Schwab
• Vanguard
• Rosland Capital
• Kitco
• Birch Gold Group

Each of these companies provides unique offerings and services, ranging from gold and silver investments to self-directed IRA accounts and specialized storage solutions.

With a variety of options available, investors can choose the company that best aligns with their investment goals and needs.

Summary

Fidelitrade offers a comprehensive range of precious metals products, IRA services, and storage options for investors looking to diversify their portfolios and secure their financial future. With decades of experience, a strong reputation, and a commitment to customer service, Fidelitrade is a trusted resource for those seeking to invest in gold, silver, platinum, and palladium. While alternatives like Goldco and other competitors exist, Fidelitrade remains a reliable choice for investors in the precious metals market.

Frequently Asked Questions

Are precious metals a good investment?

Investing in precious metals like gold and palladium offers many benefits, such as being a hedge against inflation, having intrinsic value, no credit risk, high liquidity, diversifying a portfolio, and ease of purchase. Precious metals are seen as more stable investments compared to other commodities and stocks and may provide peace of mind to those with systemic financial concerns.

What precious metals does Fidelitrade offer?

Fidelitrade offers a range of precious metals, such as gold, silver, platinum, and palladium, in the form of bullion coins and bars.

What types of storage options does Fidelitrade provide?

Fidelitrade offers both segregated and non-segregated storage options for investors looking to store their precious metals.

Does Fidelitrade offer IRA services?

Yes, Fidelitrade offers IRA services for investing in precious metals as part of a retirement savings strategy.

How does Fidelitrade ensure the authenticity of its precious metals products?

Fidelitrade uses the Counterfeit Validator, advanced technology and techniques to detect counterfeit products and ensure the authenticity of its precious metals.