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EmGoldex Review - "is it a Scam or Legit" - Pros & Cons.

Bear Lake Gold has written this review to give our opinions on Emgoldex, and it’s offerings in the precious metals niche.  In this Emgoldex review, we will cover such topics as an overview of EmGoldex, its’ products and services, what makes them unique in the precious metals niche, the cost of their products and services, and the ratings they have received on various customer rating platforms. Furthermore, we will discuss their pros and cons, showing why you should invest with them or not.

Bear Lake Gold is a company dedicated to researching the gold and precious metals investment market, we have a proven research methodology that we deploy to work out who we consider are the best providers in each sub niche of the precious metals industry. As a result we have developed a top three, top thirty and top fifty set of lists that shows  who we believe to be best in the market.

We must state at this point EmGoldex is NOT one of our top through recommended companies in either the bullion or precious metals IRA arena. If you want to trust us and jump straight to requesting further information about our top three recommended providers see the list and links below.

 

Most Reliable Precious Metals Buy-Back IRA Provider

Best IRA KitREQUEST YOUR AMERICAN HARTFORD GOLD GUIDE

Best Overall Precious Metals IRA Provider

Augusta info pack reviewREQUEST YOUR AUGUSTA GOLD GUIDE

Best Overall Gold IRA Based On Price

Best IRA Gold information pack REQUEST YOUR GOLDCO GOLD GUIDE

Of course, one of the greatest dreams of the young working American is to have enough savings for retirement. No one wants to leave the work arena only to be unable to sort out basic needs.

As much as this desire is good, only those who invest wisely  will have enough money to live bountifully in their  retirement years

Building a retirement fund first starts with knowing where and where not to invest your money. While various markets and industries have good ROIs, the best place for investing is in a market with low volatility and at least a good track record of outperforming the inflation rate over time.

In the pool of investment choices, we consider precious metals investing a less volatile and more inflation proof option than if you were to invest in the likes of stocks, shares and many other forms of investment vehicles. When you consider you can now purchase precious metals within a tax efficient IRA (Independent Retirement Account) this makes this form of investment even more attractive to people of all ages.

Searching the internet will provide you with a long list of IRA investment companies, and one of these is Emgoldex.

Following the recent scam scandal, people have had the cause to doubt the legitimacy of this IRA investment company.  We are asked many times are EmGoldex a scam or legit company? Your decision to invest or not invest with this company might be enhance by the research we have done and the views we hold.

However, we must remind you again that Emgoldex is not among the top Gold IRA companies on our list. They are also not in our top 30 providers as they are not a true dealer but instead an online platform.

We do recommend three gold and precious metals IRA companies these are Augusta Precious Metals, Goldco and Hartford American Gold, buy clicking on any of the previews links you can request more information direct from them.

 

Emgoldex review

Company Name

Overview of EmGoldex

Emgoldex is an online trading platform that gives people access to a wide range of financial services, even if the services are unavailable in your country. This company partners with various networks internationally to carry out its services. Some  of their network partners are traders, and they sell rare precious metal types including  gold, silver, palladium, and platinum in the form of precious metal bars and coins.

The company is a subsidiary of The Gold and Silver Metals company, founded in 2010 in the UAE (United Arab Emirates). Therefore, EmGoldex has been around the precious metal industry for roughly 12 years. All these years, the company has always sought business permits to successfully sell and buy gold, silver, and other precious metals.

Interestingly, since its inception, it has been getting so much traction and attention from many traders. The company is etching its name in the minds of many traders using its unparallel gold selling marketing program. This program has given this company much publicity compared to other gold-selling companies.

 EmGoldex has developed a very strong marketing program to market its’, own services., the company has used the program to attract leads, convert them into prospective clients, and finally make them buy from it.

To attract new clients EmGoldex gives its members and investors huge compensation bonuses when they meet the terms and conditions for these bonuses/.

To participate in EmGoldex's marketing bonus program, here are some of the terms and conditions you must meet:

  • You must register with their online store.
  • You must place an order of at least $7,000 with a 7% order processing fee.
  • You must pay the Coupon-cost order - the Coupon order is their inbuilt company payment system.

Among other requirements you need to fulfil to qualify for their big compensation bonuses, here are the two that are noteworthy.

  • You must refer at least two new clients to buy from them.
  • You must order and procure gold from with the compensation program.

When you meet these requirements, the company will compensate you with a reimbursement bonus when your orders are completed and processed

 

EmGoldex Costs & Fees

As earlier stated, there is no fixed amount for the delivery of products you buy. You only get to pay for delivery depending on the value of your purchase. Another major contributing factor to the delivery cost is your postal service cost. The average postal service delivery cost in the United States is $8. Furthermore, you will be responsible for paying your precious metal import taxes.

In addition, EmGoldex's charges a safekeeping fee for the certified depository when you purchase any precious metals. This fee typically is around   0.1% per month or 1.2% per year based on the value of the metals purchased.

 

What Does EmGoldex Do?

The company sells precious metals to their clients, including precious metals that are not available in the inventory of other precious metal companies.

They can access the rarest of precious metals because of these two reasons: firstly, they work with a lot of partners internationally, including traders.

Secondly, they leverage the current technologies in the precious metal industry to provide their clients with these kinds of precious metals.

In addition, they have a "no-nonsense" attitude about their customer service because through the years, their customer care service has helped them stay above competitors in the precious metal industry.

Furthermore, they never close. EmGoldex is always available all day and all night, and they can attend to you at any time of the day and from anywhere. So, you can decide to place your precious metals orders at your convenience, as long as the trading markets are open.

EmGoldex Products

Here is the list of products you can purchase from EmGoldex

  • Gold bars
  • Fine silver bars
  • Gold bullion
  • Silver round coins
  • Gold coins
  • Palladium bars
  • Palladium coins
  • Platinum bars
  • Platinum coins

Click to Request The Information Pack From Our Proffered Alternative to EmGoldex

Augusta info pack review

What Makes EmGoldex Unique?

EmGoldex is a trading platform with over 12 years of market presence. Also, it is a top-rated gold trading platform (just in the Philippines). Although they are a significant bullion dealer in the Philippines, they also offer various trading financial instruments globally.

The company provides customers with a wide range of delivery services. So, as a customer you will not have issues receiving your products, no matter where you want them delivered to.

Also, EmGoldex offers one of the lowest prices for precious metals in the industry. To ice the cake, they always give customers up-to-date information about the accurate prices of products. Therefore, you will always make the right choice to buy or sell silver or gold bullion bars.

However, this uniqueness is not peculiar to EmGoldex; more companies offer the same, including our top three gold investment IRA companies.

How Do Customer Review Sites Rate EmGoldex?

EmGoldex is a trading platform with over 12 years of market presence. Also, it is a top-rated gold trading platform (just in the Philippines). Although they are a significant bullion dealer in the Philippines, they also offer various trading financial instruments globally.

The company provides customers with a wide range of delivery services. So, as a customer, you will not have issues receiving your products, no matter where you want them delivered to.

Also, EmGoldex offers one of the lowest prices for precious metals in the industry. To ice the cake, they always give customers up-to-date information about the accurate prices of products. Therefore, you will always make the right choice to buy or sell silver or gold bullion bars.

However, this uniqueness is not peculiar to EmGoldex; more companies offer the same, including our top three gold investment IRA companies.

BB Review and Customer Testimonials

No Ratings Found

No Ratings Found

Business Consumer Alllience Review

No Ratings Found

No Ratings Found

Google review

No Ratings Found

No Ratings Found

Facebook Reviews

1 out of 5 stars

We only managed to find two reviews for this company so could not conduct as much follow up as we would normally do in our review process.

Trustpilot Reviews

No Ratings Found

No Ratings Found

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EmGoldex Pros And Cons

Pros
You have over 50 delivery options
You can always rely on their accurate, timely, and always available price data for making decisions.
They offer services by leveraging the vast network of partners around the globe, allowing you to get rare financial trading investments.
Cons
We found you might have to wait for some time before getting responses from their customer reps during the day because they are always busy.
The company does not have active online support, so you will only get answers to your questions when you use the FAQ section on their website. The problem is that the section is almost not always up to date.

Our Recommended Alternatives To EmGoldex

Goldco best ira company review

Read full Goldco Review

Goldco is a precious metal IRA investment company and a leading brand on our list. They have been on the scene for years, offering excellent services to customers and investors.

Because of their excellence, they have bagged numerous awards in the last five years. Also, reputable companies have rated them as a top precious metal IRA brand because of the level of integrity that they have maintained throughout their stay in the market.

Finally, they sell precious metals for low prices, making their investment process easy for beginners

Augusta Precious Metal is precious metal IRA company that has made it to our top three list. The company provides premium gold IRA investment solutions for interested investors.

Like other companies that have made it to our top three list, they have a seamless and easy account opening format and excellent customer service.

In addition, Augusta stores precious metals belonging to customers using Delaware security storage solutions. Some of the products you can buy from Augusta are:

  • Gold IRA metals
  • Other eligible IRA precious metals.
  • Silver bars and coins.
  • Gold bars and coins.
  • Gold and silver bullion.
  • Palladium coins and bars.

Platinum coins and bars.

This IRA precious metal company pays exceptional attention to secondary investments. In addition to their services, they sell other physical gold and precious metals.

They have singled themselves out in the industry by offering the finest and most quality precious metals. In addition to quality and excellence, they have unique promotions and offer buyback services to customers.

Conclusion of EmGoldex  Review

Bear Lake Gold conducted extensive research on EmGoldex using data from online sources and offline shoppers, based on the data we gathered; we believe that EmGoldex is not a safe company for investing your money in precious metals. The company has almost no good reviews from customers who have bought products, especially in the United States.

Maybe they might be the best dealers in the Philippines, but they do not have a good track record thus far in the United States. It appears to us this company operates a pyramidal scheme and it seems has also been associated with scams. The most recent report was a $20,000,000 (1 billion Pesos) scam on the Philippines.

Of course, apart from their 'below-standard' services based on our rating standards, their association with fraud and lack of customer rating is a significant reason they did not make it to our list of top precious metal companies.

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