Goldmoney.com Reviews 

2,104
TrustScore 4.5 out of 5

4.3

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Review summary

Created with AI, based on recent reviews

Looking at 77 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the dedicated support team for being exceptionally prompt, helpful, and professional when resolving various issues. Consumers note that everyday interactions with staff are consistently smooth, courteous, and efficient, making the entire process of managing financial accounts remarkably straightforward and pleasant. However, some people mentioned experiencing frustrating verification requirements, noting that accounts were locked or repeatedly frozen for additional documentation. Others also expressed dissatisfaction with strict operational policies, mentioning problems with missing statements, poor support responses, and difficult account management experiences that caused unnecessary stress during important transactions.

What people talk about most

Customer service

Users describe positive interactions with customer_service, highlighting prompt, courteous, and professional... See more

Staff

Consumers find staff to be positive, highlighting professional and efficient service from representatives.... See more

Response time

Customers consistently note positive experiences with response_time, praising the prompt and efficient... See more

Service

Reviewers mention positive feedback about service, highlighting very helpful and efficient support... See more

User experience

Clients share ambiguous opinions on user_experience. Reviewers frequently highlight that the platform is easy... See more

Reviews shaping this summary

Rated 4 out of 5 stars

I don’t normally visit the site often. So, when I do go, I basically have to ask redundant questions. Their relationship manager, Nikita Samant, answers my questions patiently. She must attend to quit... See more

Company replied

Rated 5 out of 5 stars

I am of the generation that believes that talking to a person is much better than texting or emailing. However, Nakita at Goldmoney has proved to be the exception to my rule. Via the Goldmoney sec... See more

Company replied

Rated 5 out of 5 stars

I have been a client for 15 years and have transacted infrequently. Consequently, I sometimes ask questions to which I find out later I could have found the answer under FAQs or similar. Goldmoney c... See more

Company replied

Rated 5 out of 5 stars

Kudos to Ankush Bal (RM) and GM team I was very pleasantly surprised this morning to discover that wired funds (proceeds from a sell order) had been deposited at my financial institution on the SAM... See more

Company replied


Company details

  1. Gold and Silver Trading Company
  2. Financial Consultant

Written by the company

Since 2001, Goldmoney® has helped over 1 million customers protect close to $2Billion dollars in assets by providing the most affordable, fastest, and safest way to buy and store precious metals. Further information can be found on www.goldmoney.com.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

2K reviews

5-star
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1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 100% of negative reviews

Typically replies within 1 week

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4.3

All reviews

(2,104)

79 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 2 out of 5 stars

Service was not good

Service was not good, the request for the new verification took month!!
Overall we wasn't satisgied.

May 6, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Hubertus,
Thank you for your review.
Our know-your-customer verification process is certainly not meant as an inconvenience but we do understand that it can be frustrating for clients and we appreciate your time and feedback.

Rated 5 out of 5 stars

The assistant who helped me was…

The assistant who helped me was absolutely great. Not only was he fast, but also super polite, clear and offered extra help, exactly what I was looking for. Thank you!

May 3, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Sergey,
Thank you for your review. We are happy to hear that your Relationship Manager was able to offer such excellent assistance!

Rated 4 out of 5 stars

I needed to update my residential address

I needed to update my residential address.
Their online forms procedure isn't that easy to understand, IMHO.
Of course they need to follow their compliance rules with additional information and documents of proof.
It all went smoothly at the end thanks to the great guidance given by RM Ankush Bal.
Regards
Frank

May 3, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Panchito,
Thank you for your feedback regarding our online update process. We are very happy to hear that Ankush was able to assist you with getting your update completed and we thank you for your review.

Rated 4 out of 5 stars

good company

good company. Registration quite complicated and not a clear system. Thanks to help platform to complete finally this administration.

April 30, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Martin,
Thank you for your review and feedback. We do understand that our verification process can be cumbersome at times, and we are very glad that you received the help you needed.

Rated 5 out of 5 stars

Nikita adamant is the best

Nikita adamant is the best! Great service!

May 1, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Consumer,
Thank you for your 5-star review, we are very happy that Nikita has provided such great service.

Rated 5 out of 5 stars

Excellent Transaction Support

My banking details were out of date, through no fault of GM, meaning my withdrawal transaction didn’t go through. I contacted GM support with the new IBAN details and once the transaction bounced back to them they swiftly completed the withdrawal. Nikita was excellent, thank you GM! 5 Star.

April 29, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Phil,
We are very happy to hear that Nikita has provided such excellent service. Thank you for taking the time to leave your review.

Rated 5 out of 5 stars

Name Change

I had to update my name on my account and the rep did this without delay. I am quite happy with the quick response.

April 28, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Gwenny,
Thank you for leaving a review, we are very glad that your Relationship Manager was able to assist you so efficiently.

Rated 5 out of 5 stars

Thank you Mr

Thank you Mr. Ankush for your efficient and kind assistance!

April 22, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Dirk,
Thank you for your positive review; we are glad to hear that Ankush provided such excellent assistance.

Rated 5 out of 5 stars

Problem with an outdated phone number solved

A problem with an outdated phone number was quickly and straightforwardly solved by the support team.

April 23, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Markus,
We are happy to hear that your issue was resolved promptly by our Relationship Management team. Thank you very much for taking the time to leave a review.

Rated 1 out of 5 stars

Goldmoney is a scam in the end...

Nearly ten years with Goldmoney and just realised I and most of their clients have been had! This company helped themselves to ~15% of the value of my holdings upon redemption. They do not answer phone calls and in general are very poor communicators. Today makes one day short of one month and I have yet to receive the funds from my redemption. In contrast Kitco charged me a 2-3% redemption fee and I had my funds in two days!
Update April 27, 2025, Funds finally received 6.5 weeks after redemption. These folks are scammers, crooks, cheaters, under-bellies of the worse kind. I recommend everyone to avoid and if you have open business with them to exit asap.

March 11, 2025
Unprompted review
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Reply from Goldmoney.com

Dear William,
Thank you for your candour and feedback.
We certainly understand that the closure of our Personal Account platform has been inconvenient for some clients and we appreciate you taking the time to leave your review.
If you do have any further questions please contact us at support@goldmoney.com.

Rated 5 out of 5 stars

Helpful, Friendly and Efficient

Very helpful and prompt response to my requests for help and confirmation when I had some queries about removing funds from my holding account. Have had my account in excess of 10 years and have always had polite and efficient communication with this company.

April 9, 2025
Unprompted review
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Reply from Goldmoney.com

Dear Anne,
Thank you for your positive feedback. We are very happy to hear that you've received such excellent service and we look forward to continuing offering this great client experience.

Rated 1 out of 5 stars

Greedy and crooked.

This company took more than 10% of the value of my holdings upon redemption. They have refused to acknowledge or respond to my complaint. If you want to invest with a company that are just going to help themselves to your money, then you’ve come to the right place.

March 28, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Ryan,
Thank you for your feedback and candour.
If you still have not received a response to your query please send an updated request referencing your Trustpilot review and I will be happy to assist you.

Rated 5 out of 5 stars

Ankush Bal

The assistant who helped me was absolutely great. Not only was he fast, but also super polite, clear and offered extra help, exactly what I was looking for. Thank you!

April 10, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Juliana,
We are very pleased to hear that you received such excellent service, thank you for your review!

Rated 4 out of 5 stars

The person that helped me was great

The person that helped me was great, all the way.
Nonetheless, the goldmoney fees were excessive.

The inactivity fines were such that after the price of gold more than doubled, I ended up with slightly less than I originally deposited. That seems confiscatory to me.

March 31, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Charlotte,
Thank you very much for your review and for your feedback regarding the fees.
We are glad to hear that the Relationship Manager was able to assist you and if you do have any further fee-related queries we would be happy to help you.

Rated 1 out of 5 stars

Very Irked!!

Very Irked!!! I have had my Goldmoney account for almost 10 years. The platform for upgrading from a Personal acct to a Holding acct. is cumbersome and frustrating. My bank account details are there, but I have been waiting for almost 2 weeks for my account to upgrade so I can redeem it, as I was advised that the personal accounts are closing. I now can't even access the page for the information upgrade. I would really appreciate hearing back from someone regarding the status of my account. Both phone #'s for the Toronto office are out of service.

Since the above Review, I have received a message from Goldmoney. Please let me know ASAP if the document I submitted is not OK. Thank you.

March 18, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Ann,
Thank you for your feedback, I am very sorry to hear that you are encountering this update issue.
Please know that we have sent you an email to assist you with the next steps and that you can reply to that email directly if you have any further questions or concerns.
Thank you.

Rated 4 out of 5 stars

Excellent Service

Excellent Service - prompt, reliable and courteous.
Ankush Bal was most helpful and provided excellent insight and communication skills.

March 31, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Scott,
We are very glad to hear that Ankush has provided such excellent service. Thank you for taking the time to leave your review.

Rated 2 out of 5 stars

Disappointing Experience

I have held my account for almost 10 years. First I was told that I could no longer add to my holding. Then I was informed that I needed to close my account. I was "very" disappointed with the length of the whole process. It took numerous e-mail and it was a long arduous task.

March 28, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Homestay,
Thank you very much for your feedback.
We do apologize for the inconvenience caused by the closing of the Personal Account platform and we thank you for your time as a Goldmoney client.
If ever you wish to open a Holding and continue using our services please do let us know.

Rated 5 out of 5 stars

Great experience after many years with Gold Money

I opened my account with Gold Money over 10 years ago. I recently needed to withdraw my holdings, but this process was a little bit difficult for me as I hadn’t really used my account for many years and I’m currently in a different country than my home country. I had great communication with the Gold Money representative who was very helpful and made the process easy.

March 24, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Simon,
Thank you for your review, and for being a long-time Goldmoney client. We are very glad to hear that our Relationship Management team was able to assist you so efficiently.

Rated 2 out of 5 stars

Overall

Overall, this company has been a little disappointing. They make it very difficult to cash out and get the physical metals. I've tried it at least 3 times and still haven't been successful. They also request proof periodically that you are who you are when you haven't even logged into their site.

March 19, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Ian,
Thank you for your feedback.
Since both Goldmoney and our vaulting partners have very specific physical redemption options this can be restrictive for some clients and we do apologize for this inconvenience. And please do know that Goldmoney has a legal obligation to confirm all clients' KYC (Know Your Client) information, for which we will require documents or information from time to time. This is to help ensure we remain a compliant business but we apologize for any frustration this has caused.
If we can assist you with anything else please do let us know.

Rated 2 out of 5 stars

Goldmoney make it very difficult to pass on metals to children

I am an old man trying to pass on my holding to my grandchildren, which involves their setting up holdings and us merging our holdings. Goldmoney are setting up one hoop after another for me and my grandchildren to jump through, amounting to harrassment, and we have given up trying to merge our holdings.
Some years ago my attempt to pass on my holdings to my son also failed because of some problem internal to Goldmoney.
I will now start selling my metals, which is a pity, owing to the lack of cooperation by GM.

March 13, 2025
Unprompted review
Goldmoney.com logo

Reply from Goldmoney.com

Dear Mr. Chowdhry,
Thank you for your feedback.
Since Goldmoney Holdings do not function the same as a bank or investment account, Goldmoney does have limitations regarding beneficiary options.
We do understand that this can be frustrating for clients and apologize for the inconvenience.
If you do still want to explore the options for adding your grandchildren to your Holding please contact us through the messaging system; we would be happy to assist you.

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