Onegold Reviews: Our Full Rating & Summary

By Tim Schmidt - UPDATED: February 8, 2025

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The OneGold app is a comprehensive platform for buying, selling, and managing investments in precious metals like gold, silver, and platinum.

We’ll explore what makes OneGold stand out in the crowded market of digital gold platforms. From its unique features to its security measures, we’re taking a deep dive into what it truly offers.

Product Type:  Precious Metals Investing via an APP.

Who is Behind the Company?  APMEX and Sprott

Both Apmex and Sprott are very reputable companies.  However, they do not offer gold IRA options, so if you want to hold gold in your IRA, you are out of luck.

(This is what I use to invest in precious metals, and for transparency, I use Goldco.)

One Gold Review

Let's dive into just exactly what services this company offers.

onegold app

Platform Features and Specs

OneGold occupies a unique position in the digital gold market due to its exceptional features and specifications. It operates through a user-friendly website and a mobile application available on Android and iOS platforms, making accessibility easy for everyone.

In terms of security, OneGold utilizes a two-factor authentication approach, ensuring that users’ accounts are protected. Unlike some other platforms, OneGold does not hold any of your passwords, which greatly reduces the risk of potential security breaches.

onegold app review

One notable feature that I personally find very useful is the auto invest feature. This allows users to set up a regular investment amount and interval, automating the investing process and enabling dollar-cost averaging. It eliminates the need to manually purchase gold every time, making it easier to manage investments and establish a bullion-backed savings account.

Additionally, the OneGold app offers custom market alerts, which help users monitor their investment portfolios, track live prices, and get notified of significant market movements related to precious metals.

Performance and Durability

In my experience, OneGold performs seamlessly in handling transactions and storing digital gold. The platform’s speed and reliability are worth mentioning, as these features are critical in the fast-paced investment world.

OneGold's precious metals holdings are fully insured against theft and physical loss, providing additional security for investors.

OneGold also endures market fluctuations by offering transparent and competitive pricing, which is tied to the spot price of gold. This means when the market price rises or drops, OneGold’s pricing adjusts accordingly, keeping your investments fair and market-relevant.

Product Comparison

Compared to its competitors like GoldMoney and BullionVault, OneGold fares well in terms of ease of use, security, and affordability. OneGold makes it easy and convenient to buy gold through their platform, offering various payment options and instant access to your investments. While each platform has its commendable features, OneGold surpasses them in aspects such as user interface simplicity and ease of transactions.

Additionally, OneGold offers a bullion card that enhances the investment experience for users, especially those who engage in auto investing and require functionalities like limit orders.

Pricing and Value

OneGold offers a clear pricing model that adds a 0.30% charge to the spot price of gold. This makes it stand out in a market where pricing often contains hidden fees or complicated calculations. For me, this straightforward, easy-to-understand pricing model demonstrates significant value, making OneGold a worthy consideration for those venturing into the digital gold market.

Features of One Gold

OneGold shines in the world of digital gold investment platforms with standout features that make it ideal for both beginner and experienced investors. These highlights range from an array of investment opportunities, top-level security, and unparalleled price transparency.

Investment Opportunities in Precious Metals

For investors who crave versatility, OneGold provides a haven. The platform tailors its services not only to seasoned gold investors, but also to individuals making their maiden voyage into precious metal investments. OneGold stands behind its mission to democratize precious metal investing with various investment options such as gold, silver, and platinum. Additionally, OneGold offers platinum products that are securely and insuredly stored in top-tier global vaults, ensuring ease of purchase through a digital platform.

One of the standout elements I noticed here is the AutoInvest feature. As a busy individual, I found this option priceless. It allows me to automate my investments, setting up regular purchases that can fit my budget and investment goals. This feature is part of OneGold's unique investment tools, which also include custom market alerts and real-time access to market data. It’s like having your own personal gold buying assistant that never takes a day off.

Security and Custom Market Alerts

Moving on to security, OneGold gets significant kudos from my end. My precious metal investments felt safe and secure thanks to the platform’s state-of-the-art security measures. OneGold stores precious metals in secure vaults, ensuring the safety and insurance of investments. With two-factor authentication and the policy to avoid storing user passwords, the risk of security breaches remains decisively low. As a security-conscious investor, these measures offer me an additional level of confidence in OneGold.

Price Transparency

Lastly, the feature that put a measurable distance between OneGold and its competitors is its commitment to price transparency. Unlike other platforms that are often associated with hidden charges and bitter surprises, OneGold maintains a clear pricing model. It charges a transparent 0.30% above the spot price of the gold, ensuring that investors are fully aware of the prices without needing to worry about sudden changes or hidden fees. OneGold also provides daily market news to keep investors informed about real-time market conditions and precious metal prices. This straightforward pricing structure is, in my opinion, a shining feature that elevates OneGold in the murky waters of digital gold investments.

Advantages of One Gold

There are several compelling benefits that make OneGold stand out in the gold investment landscape.

To begin, OneGold’s interface is highly user-friendly. A seamless and intuitive platform, whether accessed via its website or mobile application, makes a complex process like gold investment simple even for beginners. From account setup to buying and selling, the steps are simple and straightforward. I have noticed this not only simplifies navigation but undoubtedly boosts the confidence of less tech-savvy individuals who may have been initially put off by the seemingly complex nature of digital gold investment. The OneGold mobile app is a comprehensive tool for tracking live gold and silver prices, providing features like instant trading and real-time alerts.

Another major advantage of OneGold that I personally appreciate is the AutoInvest feature. With this feature, it’s possible to automate your gold investments and essentially make them “set and forget”. As per your instructions and preferences, the platform would automatically invest in gold at regular intervals, freeing up your time and taking the stress out of manual investing. This is a major advantage, particularly for busy individuals who may not have the time to constantly monitor and manage their gold investments.

Security is an uncompromisable feature in digital gold investment, and with OneGold, I couldn’t be more pleased. OneGold employs two-factor authentication while also ensuring not to store user passwords. This significantly reduces the likelihood of security breaches, thereby providing assurance to the investor. In terms of robust security, I can confidently say that OneGold’s offering is strong, providing users with a much-needed sense of safety in their investment endeavors.

Another distinct advantage that OneGold brings to the table is its clear and transparent pricing model. OneGold adds only a 0.30% charge to the spot price of gold, keeping investments fair, even during market fluctuations. In a market where hidden fees are common, OneGold’s policy of price transparency is not just refreshing but fundamentally trust-instilling.

The platform’s diversity in investment options offers further advantages. Beyond just gold, OneGold allows investments in silver and platinum as well. This aligns with the platform’s mission to democratize precious metal investing, and it certainly adds an aspect of versatility that I find quite appealing.

In comparison to other platforms in its category, such as GoldMoney and BullionVault, OneGold excels in terms of ease of use, security measures, and the affordability it offers. Its transparent fees, user-friendly interface, and robust security measures makes it an outstanding choice for potential investors. After all’s said and done, and from my own experiences with OneGold, I would recommend this platform to anyone looking for a simple, secure, and affordable way to invest in gold digitally.

Disadvantages of One Gold

Even though I genuinely appreciate OneGold’s commendable approach to digital gold investment, I need to mention a few areas where the platform could potentially improve. The objective here is not to discredit the platform, but to provide a balanced view to help you make a well-informed decision.

OneGold offers the option to roll over funds from an existing IRA into a new Precious Metals IRA, providing a variety of custodial options.

The first concern is its limited product selection. While OneGold does offer gold, silver, and platinum, the options are comparatively fewer than some other platforms. For those interested in investing in a broader array of precious metals or specific coins and bars, OneGold might seem restrictive.

Another potential downside is the platform’s geographical restrictions. Not all services, like home delivery for physical gold, are available worldwide. Hence, investors from some regions might not be able to fully utilize all that OneGold has to offer.

One more thing that caught my eye is the absence of a peer-to-peer market. Some gold investment platforms allow users to sell their investments directly to other users, which can sometimes fetch a better price than selling back to the platform. OneGold doesn’t provide this feature, limiting the exit options for investors.

Lastly, although OneGold’s pricing is pretty straightforward, it’s worth noting that the 0.30% addition to the spot pricing might drive the cost higher than some expectations, especially for large-volume purchasing.

Despite these considerations, remember that no platform is perfect, and the suitability of OneGold greatly depends on your investment needs and preferences. If the mentioned limitations align with your acceptance threshold, this digital gold investment platform can still serve as a smart choice for your portfolio.

User Experience with One Gold

Being a user of One Gold for a fair period now, I can say that examining its user experience is a multi-faceted task. Let's delve into the intricacies of the platform, starting from Website Navigation and also supporting Customer Service.

Website and OneGold Mobile App Navigation

One Gold’s website proved to be quite intuitive from the get-go. I found it simple but effective, offering a seamless user journey. Its hiring of a professional UX design team clearly reaps dividends in the website’s design. The clear menu bars located at the top of the screen make smooth navigation through various sections. Everything, from signing up, making deposits, initiating purchases, to viewing account balance, is quite self-explanatory. The website also provides market alerts to notify users when precious metal prices reach their predefined buy or sell targets.

The website also prioritizes accessibility, vibrantly showcasing the available investment options—gold, silver, and platinum. This visual priority makes it uncomplicated for any investor to choose as per their preference. Even as a first-time user, I never found it challenging to locate what I was looking for. The design elements are crisp, and the site speed is commendable, contributing to efficient user interaction.

However, I felt the need for a detailed FAQ section or tutorial videos for novice investors who may want to understand the intricacies of online gold investment. This gap in information sharing can be a bit of a downer for some new investors.

Customer Service

Any platform's user experience is significantly affected by the quality of customer service, and One Gold is no exception. On the positive side, I found the support team to be quite responsive. They feature a 'Contact' option prominently on their website that opens up a form page. Here you can specify your query or issue, and I found the response time ostensibly speedy.

Another thing that I appreciated is that beyond the internet form, they also provide a phone number for direct contact—an option not always available with all digital platforms. This telephonic support certainly adds a human touch to their customer service.

However, an area of improvement could be their working hours. Currently, the support team is available only five days a week, which leaves the weekend investors in a lurch if they require immediate assistance. Expanding customer service availability over the weekend could considerably enhance the user experience.

All in all, One Gold's overall user experience reflects its mission: to simplify online precious metal investments. As they continue growing and enhancing the platform, I have high hopes that they’ll be addressing the minor bottlenecks as mentioned before.

Performance of One Gold

Scrutinizing the performance of OneGold is a pivotal part of helping potential investors grasp the full picture of what this platform has to offer. Here, we'll delve into the key aspects of stability and profitability.

Stability

In the hectic and unpredictable world of investment, consistency and stability are of utmost importance. OneGold has demonstrated remarkable consistency in performance since its launch, showcasing its commitment to reliability and trustworthiness. OneGold ensures all investments are backed by physical metal, providing transparency and trust in the investment process.

OneGold achieves its stability through real-time auditing. By partnering with globally recognized precious metals smelters and refiners, it ensures 100% backing of all digital assets. This means, all gold you invest in through OneGold is securely stored, fully allocated, and regularly audited. This reduces the risk of inflation and makes certain that your investments are safe and sound.

However, it’s worth noting that although OneGold’s performance is generally stable, no investment is entirely risk-free. The value of gold and other precious metals can fluctuate based on market trends. But as far as platforms go, OneGold’s commitment to security provides a much-needed layer of protection for investors.

Profitability

Now let's shift our focus to the profitability aspect of OneGold. In terms of return on investment, OneGold fares reasonably well in comparison to its competitors. Thanks to its transparent pricing model of a 0.30% charge on the spot price, you're less likely to encounter hidden fees that detract from your profit.

One compelling feature that may enhance profitability is OneGold's AutoInvest tool. The feature enables automatic regular purchases, so you can leverage dollar-cost averaging in your investment strategy. This method, spreading out your investment over time, can safeguard against market volatility and enhance long-term profitability.

However, keep in mind that the 0.30% fee on transactions could add up for large-scale investors making substantial purchases. Therefore, you should factor this into your investment plans. Despite this, the platform's various advantages position it as a profitable choice for anyone looking to invest in the precious metals market.

Comparison with Other Gold Investment Platforms

When comparing OneGold to other platforms in the same niche such as GoldMoney, BullionVault, and Kitco, certain points stand out, both positively and negatively. All these companies operate on a global scale, providing a platform for users to invest in and trade precious metals, mainly gold.

OneGold's standout factor is clearly its user-friendly interface. As noted earlier, both their website and mobile applications are designed with usability in mind. For new clients who are starting their journey in gold investment, this is one less hurdle to cross. On the downside, GoldMoney and BullionVault offer more extensive product selection and Kitco offers peer-to-peer market, which is lacking in OneGold.

Let's take a closer look.

Ease of Use

Personally, I found the OneGold platform to be extremely user-friendly. The layout is intuitive, with clear navigation menus and transparent pricing. Comparatively, BullionVault and GoldMoney's platforms are sophisticated but can seem complex for beginners. Kitco's platform is fairly user-friendly but lacks the modern aesthetic of OneGold's app.

Variety of Offerings

In terms of product selection, OneGold only offers gold, silver, and platinum. By comparison, GoldMoney offers a slightly wider range with inclusion of palladium. BullionVault (gold, silver) and Kitco (gold, silver, platinum, palladium, rhodium) are in line with OneGold. However, BullionVault's selection includes specific coins and bars, giving them a bit more variety.

Pricing

In a competition for the most transparent pricing, OneGold takes the lead. As I mentioned earlier, OneGold charges a 0.30% fee on top of the spot price. In contrast, BullionVault employs a tiered commission structure, which can effectively become a hidden cost. GoldMoney's fees are somewhat hidden within the bid/ask spread, and Kitco has wide spreads which may not seem apparent to new investors.

Hands-on Experience with One Gold

After familiarizing myself with the overall offerings and features of OneGold, I was eager to dive in and gain firsthand experience. The sign-up process was seamless and quick, a welcome relief in a world where many platforms insist on lengthy onboarding experiences. After adding my information, I was able to navigate freely around the platform.

One thing I particularly appreciated about OneGold is its simple and intuitive interface. The layout is undeniably user-friendly, making it easy for both beginners and experienced investors to navigate. The dashboard is clean and informative, providing key information at a glance without feeling cluttered. This is definitely a testament to their dedicated UX design team. As noted earlier, the platform could enhance its support for beginners with more comprehensive FAQ sections or explanatory videos, but even without these, it's pretty straightforward to get started.

Experiencing the AutoInvest feature was also quite effortless. I was able to set a budget and frequency for my gold investments in a few quick clicks. Busy investors or those looking to leverage dollar-cost averaging will definitely appreciate this feature. Although, investors planning on large-scale transactions might want to factor in the 0.30% transaction fee to their investment plans as that can add up over time.

In terms of customer service, I found that the platform lived up to its reputation. The direct contact options and the quick, knowledgeable responses of the support team were impressive. However, as mentioned earlier, it would be advantageous for them to extend their customer service hours to include weekends.

One potential drawback of OneGold's platform became apparent when comparing it to other sites like GoldMoney or BullionVault. These platforms offer a broad array of precious metals and even peer-to-peer trading. OneGold's product selection is more limited, and it lacks a peer-to-peer marketplace, which may dissuade some investors. However, for those seeking simple, transparent precious metals investment, it's still an attractive prospect.

Overall, my hands-on experience with OneGold affirmed what I had researched earlier. Zooming past its limitations, it's a pitched platform that makes online gold investing simpler, backed by a clear pricing model and superior security measures. As an accessible entry point in the gold investment market, OneGold continues to impress.

Learn More and Get the App at OneGold.com

OneGold Competitors

You have many options when it comes to investing in gold.  Monument Metals, (full review here) offers similar products, as does BullionTradingLLC.

Final Verdict on One Gold Review

So there you have it! OneGold certainly makes a strong case for itself as a reliable and user-friendly platform for investing in gold. It's clear that its top-notch security measures, transparent pricing, and innovative features such as AutoInvest make it a standout choice for both beginners and experienced investors.

Sure, it's not without its shortcomings. The limited product selection and lack of a peer-to-peer market might be a turn-off for some. And while the pricing is transparent, the 0.30% addition to the spot price could add up for large-volume investors.

But let's not forget the positives. The intuitive interface, the responsive customer service, and the commitment to democratizing precious metal investing are all points in OneGold's favor. If these align with what you're looking for in a digital gold platform, then OneGold might just be the right choice for you. After all, investing is all about finding what works best for your individual needs and goals. And who knows? OneGold might just be the golden ticket you've been searching for!

Before you leave, make sure you see which companies I've personally vetted and endorsed for gold investing.

>> Click Here for the list of ten best companies <<

Hopefully this review helped you make sound investing decisions, we aim to offer straight forward guides.

Tim Schmidt

About 

Tim Schmidt is an Entrepreneur and Serial Investor. Since 2012 he's been an advocate of alternative investments using a Self Directed IRA. His work has been featured in Yahoo! Finance, USA Today, Business Insider, and Tech Times, among others. Get his portfolio breakdown here.

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