Bullionvault

BullionVault operates an online platform where clients buy, sell and store allocated physical gold, silver, platinum and palladium bullion. Bars are held in professional-market vaults in London, Zurich, Toronto, Singapore or New York, chosen by the client, and storage charges include insurance. Clients can also deal in pounds sterling, euros, Japanese yen and US dollars, and can trade directly with other users on a live order board.

Customers are private investors. The company reports more than 130,000 clients across 175 countries and says it holds about £7 billion of client assets. Revenue comes from commission, custody fees, interest receipts and the difference between buying and selling prices. Trading is subject to a maximum charge of 0.50% on the live order board.

The business was founded in 2003 as Galmarley Ltd and launched the service in 2005. The BullionVault entity is registered in London, with offices in West London. The company is a full member of the London Bullion Market Association and has won the Queen's Award for Enterprise in 2009, 2013 and 2022. It is part-owned by GBIT and Augmentum Fintech plc.

Product: Online buying, selling and allocated vault storage of physical gold, silver, platinum and palladium bullion.