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    Active· Not FCA regulated

    BullionVault

    Online market run by Galmarley Limited since 2005 where investors buy and sell vaulted gold, silver, platinum and palladium with each other on a live order board.

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    Minimum investment
    No minimum (orders in whole grams)
    Scale
    $8.2bn under management
    Launched
    2005
    Geography
    UK (operator); clients in 175 countries
    Secondary market
    Yes, order book
    Investment type
    Physical Asset
    At a glance

    BullionVault in ten seconds

    Structured fields recorded the same way for every platform in the directory, so they can be compared like for like.

    Asset classes
    Precious Metals
    Investment type
    Physical Asset
    Not FCA regulated · Physical bullion dealer (unregulated activity)
    Operator
    Galmarley Limited (trading as BullionVault.com) · Co. no. 04943684
    Company status
    Active
    No minimum (orders in whole grams)
    Scale
    $8.2bn under managementCompany-reported · Oct 2026$1.1bn traded in January 2026Company-reported · Feb 2026
    Launched
    2005
    Company incorporated
    Oct 2003
    Geography
    UK (operator); clients in 175 countries
    UK investors
    Open to retail investorsCompany-reported · Oct 2026
    Yes, order book
    Latest accounts
    Year to Oct 2025: turnover £739m, profit £14.1m, net assets £56.6mFiled at Companies House · Apr 2026
    Operating status
    Active
    Facts checked
    Oct 2026
    Text reviewed
    Oct 2026
    Overview

    About BullionVault

    BullionVault is an online market for physical gold, silver, platinum and palladium, run by Galmarley Limited (company 04943684) from London and open to investors since April 2005. Customers buy and sell with each other on a live order board, at the market price or with limit orders, in whole grams with no minimum spend; about 65% of volume is client-to-client and settles instantly. Metal is allocated to each customer and vaulted in Zurich, London, New York, Toronto or Singapore. BullionVault says customers own it outright and that it has never been on Galmarley's balance sheet, so they are not exposed to BullionVault's own finances. It publishes a daily reconciliation of vault bar lists against customer records, on which the auditor Armstrong Watson reported for the year to October 2025. As of October 2026, commission is 0.50% of each trade falling to 0.05% for large annual volumes, and storage costs 0.12% a year for gold and 0.48% a year for silver, platinum and palladium, with monthly minimums of $4 and $8. Customers can also take delivery, though the cost differs sharply by metal: gold runs 1% to 7.5% depending on the form taken, while silver, platinum and palladium run 1% to 10% and attract 20% VAT. In October 2026 BullionVault reported $8.2 billion of client metal and more than 130,000 customers across 175 countries, nearly a quarter of them in the US. Its filed group accounts for the year to October 2025 show profit after tax of £14.1m and net assets of £56.6m. Dealing in physical bullion is not a regulated investment activity in the UK: the FCA Register holds no entry for Galmarley or BullionVault, and the metal is not covered by the Financial Services Compensation Scheme. Cash not yet invested sits in pooled client trust accounts at Lloyds, Barclays and Wells Fargo and may qualify for deposit protection.

    Compare

    BullionVault vs other Precious Metals platforms

    All Precious Metals platforms
    BullionVaultCapital ProtocolGoldCoreGlint
    MinimumNo minimum (orders in whole grams)Not disclosedFrom $100/month (GoldSaver)No minimum (buy any amount)
    FCA statusNot FCA regulatedNot FCA regulatedNot FCA regulatedNot FCA regulated
    StructurePhysical AssetDebtPhysical AssetPhysical Asset
    Secondary marketYes, order bookNoPlatform buy-back onlyPlatform buy-back only
    Launched2005—2003—
    GeographyUK (operator); clients in 175 countriesUKIreland, UKUK (operator); clients worldwide except the EU
    Related platforms
    FAQ
    What is the minimum investment on BullionVault?
    BullionVault's minimum investment is no minimum (orders in whole grams).
    Is BullionVault regulated by the FCA?
    No, BullionVault is not FCA-regulated.
    Does BullionVault offer a secondary market?
    Yes. Holdings can be sold on a secondary market where buyers and sellers post orders. A sale depends on finding a buyer at your price, so it isn't guaranteed.