BullionStar Reviews: Make an Informed Decision

• BullionStar is a precious metals dealer that offers physical precious metals to its customers.
• The company, which is based in Singapore, offers gold bullion, silver bullion, platinum, and palladium.
• According to its website, customers can buy bullion at spot prices, which are the price offered by the market, or they can buy or sell gold, silver, platinum, or palladium using a margin account.

BullionStar is a precious metals dealer that offers physical precious metals to its customers. The company, which is based in Singapore, offers gold bullion, silver bullion, platinum, and palladium. According to its website, customers can buy bullion at spot prices, which are the price offered by the market, or they can buy or sell gold, silver, platinum, or palladium using a margin account.
BullionStar also offers its customers gold and silver price projections based on different precious metals prices.

Pros Explained

BullionStar's website features a comprehensive FAQ section, including detailed explanations of precious metals, how to buy, store, and sell them, and the best ways to use them.
The website also provides educational resources, such as a blog, videos, and podcasts for in-depth coverage of precious metals markets.
The FAQ page and educational resources provide users with enough information to make an informed decision on whether to buy precious metals from BullionStar.
Cons Explained
BullionStar does not carry any physical precious metals in its inventory, which is a deal breaker for some investors.
The website does not have an online customer support service.

Cons Explained

BullionStar customers report issues with withdrawals, delays in account verification, and confusion when changing payment methods.
Fees and Costs Explained
BullionStar charges a storage fee of 0.25% per year, with a minimum of 0.25% per year. The company also charges a transaction fee of 1.0% of the value of each transaction.

Available Languages

The website is available in English, German, Swedish, and Danish, and users can make use of live chat and phone support provided they are located in one of these countries.
Trading Platforms
BullionStar supports trading via MetaTrader 4 as well as direct access to the LBMA and COMEX metals markets.

Fees and Commissions
BullionStar charges a transaction fee of 0.40%, with a minimum fee of $2.50. The company charges a storage fee of 0.12% per year, with a minimum fee of $1.50.

Deposits
BullionStar accepts deposits via wire transfer and major credit cards.

Withdrawals
BullionStar customers are able to withdraw funds via wire transfer, electronic funds transfer, and major credit cards.

Account Types
BullionStar offers three types of accounts: Silver, Gold, and Premium. Silver accounts support a maximum balance of 100,000 euros and come with 0.40% commission. Gold accounts are available with 0.50% commission, and Premium accounts support a maximum of 3,000,000 euros and come with 0.70% commission.

Available Currency

You can choose to pay for your orders in euros, pounds sterling, or U.S. dollars.
Payment Methods and Fees
BullionStar accepts payments by bank transfer, debit cards, and credit cards. Fees vary depending on the payment method.
Delivery Charges
BullionStar offers free shipping for all orders over 100 euros.
Customer Service
BullionStar has a dedicated customer service team that can provide you with answers to any questions.

Available Payment Methods

BullionStar offers several payment methods, including credit/debit cards (Visa, Mastercard and American Express), bank transfers and e-wallets such as PayPal.
Customer Support
BullionStar's customer support is available during business hours (9 a.m. to 4 p.m. CET). You can reach the team via email and live chat.

Available Delivery Options

BullionStar's site offers several different delivery options. First, customers can order physical metal, which will arrive in a fully insured, sealed package. Customers can also order electronic delivery, where BullionStar's in-house team of metal buyers will purchase the metal on your behalf and deliver it to your account. Finally, customers can transfer ownership of their metal to someone else.
Pricing
BullionStar offers competitive pricing. They accept a wide variety of payment options such as Bitcoin, Ethereum, and SWIFT.
Benefits
BullionStar is a well-respected company with over 400,000 customers. They are based in London, England, and are regulated by the Financial Conduct Authority (FCA).

Available Bullion Options

BullionStar offers a variety of bullion products, including gold, silver, platinum, and palladium.
Storage Services
BullionStar offers both allocated storage and segregated storage. Additionally, they offer vaulting services for coins, bars, and jewelry.
Bullion Broker
BullionStar also acts as a bullion broker by offering competitive gold and silver spot prices, and customers can trade through BullionStar's online platform.

BullionStar Fees
BullionStar charges a storage fee of 0.5% per annum for silver, gold, platinum, and palladium bullion. They do not charge storage fees for coins, bars, or jewelry.

Does BullionStar Provide Storage Services?

BullionStar offers storage services for gold bars, silver bars, platinum bars, and coins. BullionStar offers multi-signature storage accounts, which provide you with added security for the storage provider.
Does BullionStar Offer Insurance on Gold Bars?
BullionStar offers insurance against the loss of your bars; however, this insurance is available only to those storing their gold in Switzerland.
Does BullionStar Offer Paper Gold?
BullionStar does not sell paper gold.
Does BullionStar Offer a Referral Program?
BullionStar does offer a referral program.
Does BullionStar Offer a Partnership Program?
BullionStar does not offer any partnership programs.
Who owns BullionStar?
BullionStar is owned and run by BullionStar Ltd.
What assets does BullionStar offer?
BullionStar offers gold, silver, platinum, and palladium.
Does BullionStar accept credit card orders?
BullionStar does not accept orders for gold, silver, platinum, or palladium through credit card.
Does BullionStar offer precious metals IRAs?
BullionStar does not offer precious metals IRAs.
Does BullionStar offer fractional gold bars?
BullionStar does not offer fractional gold bars.
Does BullionStar offer IRA accounts?
BullionStar does not offer IRA accounts.

Does BullionStar Allow Buying and Selling On Behalf of Another Customer?

BullionStar allows you to buy and sell on behalf of other customers. However, you must fill out the necessary paperwork and forms.
Does BullionStar Offer A Trust Account?
Yes. BullionStar offers physical gold and silver storage, as well as precious metals trading.
Is BullionStar A Market Maker?
No. BullionStar is not a market maker.

Does BullionStar Use Third Parties?

Yes. BullionStar uses several third parties, such as CoinInvest, CoinTracker, and CoinView, for gold chain custody and auditing, as well as order routing, order matching, and wallet storage. BullionStar also utilizes third-party payment services such as PayPal and Skrill, as well as third-party regulatory reporting services, such as XMR Services Limited.
Is BullionStar Regulated?
BullionStar is licensed as a money services business (MSB) and is registered as an investment firm by the Swedish Financial Supervisory Authority. BullionStar is also a member of the London Bullion Market Association (LBMA).

Does BullionStar Accept Credit Cards?

Yes, BullionStar accepts Visa and MasterCard.
Does BullionStar Have a Minimum Deposit?
There are no minimum deposits.

Does BullionStar Offer a Precious Metals Trading Platform?
The BullionStar trading platform provides users with access to a wide variety of precious metals bars, coins, and rounds, as well as futures trading. The platform also provides fundamental and technical analysis tools to help clients make informed decisions.
Does BullionStar Have a Mobile App?
BullionStar has mobile apps that allow clients to trade on the go.

Does BullionStar Have a Physical Gold Storage Facility?
BullionStar offers its storage services through the BKU company.

Does BullionStar Offer Paper Gold?
BullionStar offers clients paper gold trading through BKU.

Does BullionStar Have a Commission Structure?
BullionStar charges a fee of $1.95 per $1,000 traded. In addition, brokers may also charge a spread, which is the difference between the price at which a client buys gold from one seller and the price at which a client sells it to another seller.

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Does BullionStar Offer a Physical Bullion Depository?

Yes. BullionStar offers secure storage with the Royal Canadian Mint in precious metals such as gold, silver, platinum, and palladium.
Is BullionStar Regulated?
BullionStar is regulated in Luxembourg, Singapore, the United Kingdom, and Denmark. Its parent company, BullionVault, is regulated in various jurisdictions.
Is BullionStar a Safe Site to Buy Gold?
BullionStar has 4.5 out of 5 stars on TrustPilot. Additionally, the company holds a "Stamp of Approval" from Business Consumer Alliance (BCA).