Buying Precious Metals from Monex
Today, there are a number of convenient ways to buy gold coins and other precious metals from Monex. Depending on your particular situation, investment objectives and bullion trading needs, you may decide to buy gold coins or...
- Invest in gold, silver, platinum or palladium outright in an all-cash purchase and have your purchase delivered to you via registered and insured U.S. Mail. Or, you can have your purchase stored for you at one of several secure and independent banks and depositories in the U.S. When you buy gold coins or bullion and utilize Monex storage, you retain ownership of, and title to, the precious metals, and your precious metals are insured by the bank or storage facility.
- Or, you may elect financing of your precious metals, using as little as a 20% down payment and taking advantage of investment leverage of as much as 5-to-1, through our exclusive Atlas Account program.
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Whichever way you choose to purchase, buying precious metals from Monex is amazingly quick and easy. Once you have decided on what and how much to purchase, your Account Representative will confirm your purchase, price and transaction charges over the phone, and then tape record the details of your trade and your acknowledgement of the transaction. A written confirmation of your purchase will then be mailed to you by the next business day.
Your payment for your precious metals must be initiated on the day of purchase. Bank wire and overnight delivery of personal or bank checks are the required payment methods.
Once your payment has been received and after a hold funds period, your precious metals will then be shipped to you (in the case of a personal delivery) or to the bank or depository (in the case of a storage account or Atlas Account purchase).
Selling your precious metals back to Monex is just as easy, and can be accomplished right over the phone.
For an example of how your preferred transaction would work, please speak to a Monex Account Representative by calling 1-800-444-8317.
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