Last Updated on November 14, 2023 by Ben
If you’re looking to invest in the world of digital currency or physical gold, then iTrustCapital is a company worth considering. With lower costs and fees than their competitors, they provide portfolio services with a more reliable and trustworthy platform for investors. If you’re interested in knowing why this company might be better for your investments, read on!
Overview of iTrustCapital
iTrustCapital is a digital asset IRA trading platform that supports the purchase and trade of cryptocurrencies through investment retirement accounts. The company has been focused on a lower-risk approach geared towards new, less financially savvy investors in cryptocurrency and physical gold and silver.
iTrustCapital’s easy-to-use interface simplifies the usually complicated world of investment for anyone. They provide alternative portfolio services with lower rates and fees than their competitors, opening up retirement investments to a broader range of investors, whether they be experienced or not.
Investors can trade and buy assets via one of three types of IRAs: a Traditional IRA, Roth IRA, or SEP IRA.
iTrustCapital only supports eight cryptocurrencies (at the time of writing this). The platform is simple and straightforward, but it might not be good for advanced investors. But for people who want to invest in crypto and do not want to spend a lot of time, this is great.
iTrust Capital offers IRAs that cover two assets—digital currency and physical gold. These opportunities are available in low-fee, transparent HSA accounts.
If you already have an IRA, they offer a team of experts that can help navigate the process for rolling your account to their platform. Generally, the process is straightforward and without tax issues or penalties.
Once you set up an IRA account, you can buy and sell assets whenever you want. You also have your own dashboard that will help you keep track of your account and activity. With real-time monitoring of your accounts and transactions, nothing is stopping you from investing in any asset at your own pace.
Trades settle within one business day, with no limit on the number of transactions per day.
Your portfolio is displayed on a custom dashboard housing an encrypted digital wallet. There are charts for both the price of digital currency and gold. If you want to make an investment, this will help you see how things might change.
Investment & Fees
iTrustCapital offers an exceptionally affordable setup.
To invest in your account, you need $1,000. But if you lose money, there is no minimum amount to keep your account open. On the other end, iTrust also has no account limit. It is accessible for a wide range of financial positions. You also need to have at least $30 to make a trade, but there is no maximum amount needed.
The service costs $29.95 per month, but this does not include the other fees that they charge. They only charge 1% of each trade, and there is no broker fee or scaling based on the size of your assets.
iTrust Capital provides straightforward pricing and a simple trading platform to simplify the process for investors.
To facilitate trading in digital currency and physical gold markets, they keep fees and prices transparent.
Pros and Cons
When you get to retirement age, iTrustCapital allows you to choose what you want to take out. You can take your money in cash or invest more. Though your investment choices are limited, it is an excellent place to invest because of its simple plan and unique IRA options.
- A simple, straightforward platform where you can trade things in just a few minutes.
- Asset orders clear in a short amount of time.
- You can place orders and check your assets round the clock.
- Accessible phone support and live chat to answer your questions
- An expert will help you with the setup and with rolling over your account.
- Affordable, transparent pricing
- There are not many types of cryptocurrencies.
- A limited number of cryptocurrencies are available.
- There is a lack of variety for precious metals
- iTrustCapital doesn’t provide investment advice
What Makes iTrustCapital Unique?
iTrustCapital’s goal is to provide the broadest range of investors, from active traders to cautious long termers, with a low-cost, transparent platform for trading in digital currencies and physical gold.
As traditional IRAs do not offer to trade in digital currencies and gold, iTrustCapital creates a unique space within the market.
iTrustCapital offers some of the lowest-priced portfolio services that allow those who trade in digital currency or physical gold to enjoy lower rates and fees.
For just 1% per transaction, iTrust offers a lot of value. This is really good for people who trade a lot.
By having a simple platform and a team of experts, iTrustCapital is an excellent help for people to invest in their retirement.
iTrustCapital offers you a range of assets to invest in for your self-directed IRA. iTrustCapital offers a variety of digital and physical asset investments:
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- EOS (EOS)
- Chainlink (LINK)
- Stellar Lumens (XLM)
iTrustCapital also offers a safe and secure place for you to invest in gold and silver currencies through your self-directed IRA account.
iTrust Customer Support
iTrustCapital provides a few ways to contact its customer service team.
By phone. You can contact iTrustCapital by phone, and you can also make an appointment with a representative from iTrustCapital to learn more about the service.
Live chat. If you want to chat live, log into your iTrustCapital account. Click on the button that says “live chat” on your home screen.
Off-platform chat. If you do not have an iTrustCapital account, you can still chat with them. Click on the button labeled “message us.” You will be pointed to a contact form that has some information on it about what kind of help you need. You can also attach up to 5 screenshots or files to your message.
How to Get Started with iTrustCapital
Getting started with cryptocurrency trading can be challenging, but iTrustCapital makes it simple.
The first step to opening an IRA is deciding on the type. You can get started by rolling over funds from your existing IRAs or Roth, SIMPLE IRA, SEP, 403(b), and 401(k) plans into iTrustCapital’s IRAs (or set one up with their help if you don’t have any). They’ll walk you through every detail of the process.
Alternatively – if, for some reason, these options aren’t available to you – they’ll be happy working with a transfer agent in order to open and fund an account directly using your own funding source.
iTrust does not give financial advice. Before setting up your account, you should have a sound investment strategy.
Investments can be risky. But when you take the time to do your research, the rewards are great.
Who is iTrust Capital Best For?
iTrustCapital is a way to invest in the crypto and gold markets with retirement accounts. The traditional IRA has not yet embraced these markets, so it can be hard to have them in an IRA.
iTrust Capital has long been a go-to for those seeking to diversify their investment portfolio. Now, the company provides customers with access to crypto and gold markets without dealing with all of the traditional red tapes that go into such an endeavor. The team at iTrust will help you navigate these new investments while offering excellent customer service every step of the way.
Coin IRA provides portfolio services for investors who want to invest in cryptocurrency. They help investors connect with a coin investment advisor who can help them set up the perfect portfolio.
The company also helps to keep transaction fees low. This company works with clients directly. You can choose from three different storage options, including a wallet that is offline. Trader-assisted transactions are available during extended hours.
Coin IRA helps customers purchase, sell and invest in cryptocurrency. To help protect your assets, Coin IRA has a software wallet and secondary keys to help you.
Goldco Direct has always been a reputable company and remains so to this day. In the past, Goldco only focused on direct cash deals instead of IRAs, but with time their mission changed, and they needed a new name that better represented them in today’s market.
This was when they decided it was time for some changes- not just of names but also other things like methods of operation such that resulted in an entire overhauling process where everything went from being “Gold” oriented (i.e., gold dealer) more IRA related.
BitIRA has become a leading name in the retirement account industry. The company offers traditional and innovative platforms for cryptocurrency investors to fund their retirement accounts with Bitcoin IRAs or other alternative investments.
BitIRA is a valuable platform for setting up and funding a self-directed IRA with bitcoin or other cryptocurrencies. It offers several aspects to help any investor, including security, support, and cryptocurrency knowledge.
It is the best way for long-term investors to diversify their retirement account.
BitIRA provides an alternative asset that, although volatile in nature, offers a hedge against inflation and other market risks. BitIRAs provide a significant level of transparency with daily portfolio updates.
If you want to invest in cryptocurrencies and precious metals, iTrustCapital is a good place to start.
Not only does the broker have a straightforward and intuitive account opening process, but you’ll also be able to trade in digital currency and physical gold markets with lower rates than competitors. iTrustCapital is a great company because they do what is best for their investors. They have a strategy that will be good for them in the long term.