This is the fee charged by Bullion Capital for all Buy and Sell transactions made on the MetalDesk platform.
Storage fees are calculated daily, and charged monthly. You will only pay storage on the bullion that you hold at 6:00pm local time in each trading hub. Bullion that you own that has not yet been delivered to the vault will not accrue storage fees. You will pay storage fees at the annual rate that has been agreed between yourself and your broker, or Bullion Capital. Storage fees are paid in arrears.
Bullion Capital only charges the following fees:
Bullion Capital does not charge any monthly fees for the use of or access to the MetalDesk trading platform.
You will be emailed an invoice for your storage fees at the end of each month. These fees will be paid using your available cash balance in MetalDesk. Should you not have the funds available, you will need to top up your MetalDesk account balance.