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Midas Gold Group is in the business of providing gold trading services to individuals, corporations, and institutions. They have been in operation since 2005 when they were founded as a private company by two experienced gold traders. The founder of MidAsiatic Trading Corporation, which was renamed Midas Gold Group, became the CEO and President of the newly formed company.
- Products: Precious Metals
- Owner: Kenneth Russo Jr.
- Rating: 4.5/5
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Important Details About This Company:
Over 1,000+ 5 star ratings onlineThey protect over $1 BILLION dollars in retirement savingsAAA customer ratedA+ BBB Rating5x Inc 500 winner2021 company of the year
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Characteristics of Midas Gold Group Company
Anyone Can Join at Any Time
Regarding registration, Midas Gold Group is open for all persons, whether they are individuals or corporations. The company aims to provide gold trading services to those with no experience in gold trading or who do not have enough information about gold trading. Also, anybody can sign up and initiate the first step to start their investment plan in gold using Midas Gold Group as their platform.
Reasonable Fees
The investment plans that Midas Gold Group proposes are reasonable and are at par with their services. Usually, their clients pay a one-time minimum of $250.00 as an investment to be part of their company. They may incur additional fees if the clients want to add more to their account to purchase gold coins any time they want or increase the number of gold coins bought.
Full Customer Service is Provided to Their Clients
Clients can contact Midas Gold Group anytime they want to ask questions, clarify issues, or check their account status. They have trained agents readily available at all times to attend to your inquiries. You can directly reach them through email or telephone service and be assisted as soon as possible.
Professionalism and Reliability
Gold trading is taken seriously when done through Midas Gold Group as they have experts and professionals who can guide you with all your transactions. They will thoroughly analyze the gold coins you are interested in and offer advice or suggestions on the best ones to buy. You can be assured that all your transactions will be safe and secure as they take their business seriously and follow ethical practices.
Fast and Efficient Gold Dealing Service
The company provides its clients a 5-day delivery service that allows you to get your gold coins as soon as they arrive in the designated location. They have warehouses all over the US, Canada, and Australia to store the precious metals until they are ready to be sent out. The intermediaries do not come into contact with the gold coins for any reason other than delivering them directly from their storage location to their intended recipients.
No Risk Involved
Investments in gold coins are hazardous. Therefore, it is only logical that it is critical to have a reliable service to get your gold coins, such as those offered by Midas Gold Group. They are registered in the right agency and have all the necessary licenses to conduct their business legally. No one can tamper with your gold coins after they reach their destination. Midas Gold Group does not share any of its client's personal information with anybody unless you give permission.
Most Reputable Gold Coins Are Used
Midas Gold Group uses the most trusted and highest quality gold coins from countries such as the US, Australia, and other countries. They have a wide variety of gold coins to choose from, some being rare types that are not easily found at coin dealers or pawn shops. The value of each type of gold coin increases as time goes by, thus making it one of the best investments today.
Pros & Cons of Midas Gold Group
PROS
- Easy to set up an account: There are no complicated processes or procedures when setting up an account at Midas Gold Group. It only takes a few minutes to complete the initial steps. There is also no need for you to know anything about gold trading as they are ready for you to ask questions on how the whole procedure works.
- Reasonable investment: You need to make a one-time investment of at least $250.00 to become a member of Midas Gold Group. Additional fees will be charged when you buy gold coins, but they can be secured with a low-interest plan that allows you to pay in installments.
- Guaranteed security: You will have complete peace of mind when you place your investments in Midas Gold Group, as all your transactions are protected by the Federal Trade Commission (FTC). You can be sure of having 100% security because they have everything taken care of and follow the strict rules and regulations enforced by the organization.
- Professional service: You will get a prompt response to all your inquiries about their services and gold coins. Their customer service agents are always ready to assist you in any way possible. Midas Gold Group has designed its system to allow for fast and efficient transactions with its clients, which means it only takes a short time for them to deliver your precious metals as soon as they reach the designated warehouses.
- Easy to buy gold coins online: You can purchase your gold coins online through their website as long as you have an account with them. You do not have to go to a store and meet the staff there. You can download their application and reach the company portal anytime, right through your computer, laptop, or mobile phone, without going outside.
- Low risk: The company also has a low-risk service in exchange for a higher payment amount. In other words, investing in gold through Midas Gold Group is a low-risk investment because gold prices are still increasing. Therefore, you will be able to earn more money if you buy more of their gold coins within the same period.
- High-quality gold coins: The company ensures its clients get the rarest gold coins they can buy online. These rare gold coins have meager numbers you cannot find in any average coin shop or pawn shop. It is also important to note that the high-quality gold coins are guaranteed to be pure and have minimum traces of wear because this is considered a sign of its authenticity and value.
- Fast service: You can have your gold coins delivered to your doorstep within five days after it arrives at their warehouse. The company ensures that you will get your precious metals fast so you can fully use them as soon as possible.
- Satisfied clients: The company has good feedback and reviews as they have been operating for more than 11 years. They have clients in various countries that are happy with the service they get from them. Many testimonials show that the only problem is their limited number of gold coins.
- Payment options: Midas Gold Group accepts payments through Visa, MasterCard, and American Express cards on all transactions. They can also give you a USD check that people can use in all offices of the company to pay for your gold coins. The company has also made it possible for you to set up an automatic monthly payment through online banking, ensuring that you will never have a problem paying your account as long as you have money.
CONS
- Gold coins sold by the company are only available online: Midas Gold Group has no physical stores, so you cannot go to them and check out their gold coins in person. You have to purchase the precious metals online through their website and wait for a few days until they reach your home.
- Lowest form of investment: Gold has always been seen as one of the highest forms of investment because traders can earn a high profit when they decide to sell it. However, the low-risk investment at Midas Gold Group will not be capable of giving you a good return on your money.
- Low-quality gold coins compared to other companies: Midas Gold Group sells only the lowest form of gold, karat coins. They cannot give you any other form of the gold coin, so that it will be limited in its potential earning power. It will only be able to be used for personal collection and not business purposes such as jewelry, bars, etc.
- No way of checking the purity of gold coins: Midas Gold Group does not provide the gold karat for business use only. However, other companies can give you the karat and purity of your gold coins, so you will know if they are natural and pure or not.
- No interest on bank transactions: You will not earn any interest on your transactions if you decide to use your bank account to make the payment. You will have to spend a lot of money until you get it back, causing the price and the amount you will end up paying to be much higher than what they are worth.
- Buying gold coins online is not possible without an account: You cannot purchase gold coins online without a Midas Gold Group account as it requires you to open an account there first. You must sign up for a free account and fill in the necessary information about your name, address, insurance number, and credit card details. The company will then start to send you gold coins to your home. It will take a few days before they reach you.
Final Verdict
Your investment with Midas Gold Group Company will depend on your goals. They have been in business for the past 11 years, so they have good knowledge about the gold coins business. They also offer lots of discounts for buying more when you shop online. However, you can still choose another company to purchase gold from as long as you know that you will invest in precious metals and not use them for other purposes.
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