Invest In Precious Metals With Transparency & Trust

iTrustCapital Reviews

(1 customer review)
6.1/10 (Expert Score)
Product is rated as #36 in category Precious Metals
Overall, iTrustCapital offers a compelling service for those looking to include cryptocurrencies and precious metals in their retirement portfolios, combining strong security practices with responsive customer service and low fees. However, potential users should consider the platform's asset limitations and the requirement to use a custodial wallet.
Reputation and Experience
6.1
Fees and Costs
5
Customer Service
7.8
Selection of Offered Crypto
7.7
Encryption and Security
8.9
Buyback Policy
2.1
Educational Resources
7.1
Transparency
3.5
Accreditations and Licensing
8.2
Ease of Transaction
5
PROS:
  • Customer Service: iTrustCapital is known for its excellent customer service, with many reviews praising the responsive and helpful support team​.
  • Security: The platform uses high-grade security measures such as multi-layer security from Fireblocks and insurance policies to safeguard assets​.
  • Low Fees: Compared to other crypto IRA providers, iTrustCapital offers relatively low trading fees of 1% for cryptocurrencies and specific over-spot fees for gold and silver​.
  • 24/7 Trading: The platform allows for 24/7 trading, providing flexibility for investors to manage their investments any time​.
  • Diverse Options: While primarily focused on cryptocurrencies, iTrustCapital also allows investments in physical gold and silver within tax-advantaged accounts, supporting a diversified investment strategy​.
CONS:
  • Limited Asset Selection: Although iTrustCapital offers a variety of cryptocurrencies and precious metals, the selection is less extensive compared to some larger platforms that support a wider range of digital assets​.
  • High Minimums: The platform requires a minimum initial investment of $1,000, which may be a barrier for some smaller investors. Additionally, subsequent contributions have a minimum of $500​.
  • Custodial Wallet: Users do not control the private keys for their crypto, as it is held in a custodial wallet by the platform, which might not be preferred by all investors​.

What is iTrustCapital?

iTrustCapital is a reputable crypto IRA provider located in Irvine, California. Their office can be found at 18575 Jamboree Rd, Irvine, CA 92612. Moreover, their contact number is 562-600-8437.

The company has been operating in the industry since 2018 and asserts itself as the leading crypto IRA platform globally, having facilitated over $6 billion in transactions.

They offer a simple process for investors to establish self-directed IRAs that specifically target cryptocurrencies. Our investment platform offers a wide range of popular cryptocurrencies for buying and selling, including Bitcoin, Litecoin, and more.

In addition, iTrustCapital offers its clients the opportunity to invest in physical gold and silver. Investing is available around the clock, a feature that sets us apart from other gold IRA companies.

The company has formed partnerships with leading crypto custodians to provide top-tier security. In addition to their headquarters in Irvine, they also maintain an office in Los Angeles.

People Behind iTrustCapital:

The company takes pride in its team of highly experienced professionals who specialize in alternative investments. Allow me to provide you with a comprehensive breakdown of their team:

Kevin Maloney (CEO and Chief Strategy Officer)

Kevin Maloney holds the positions of Interim CEO and Chief Strategy Officer within the company. In addition, he serves as the spokesperson for the crypto IRA company.

Kevin boasts over 25 years of experience in high-level executive positions. He has extensive experience working with a wide range of companies in different sectors, including real estate, technology, financial services, and blockchain.

His bio on iTrustCapital highlights his passion for developing and leading productive teams and implementing clearly defined strategic initiatives.

Kevin Maloney has extensive experience in leading over 1,100 early-mid stage investor presentations, conducting 100+ corporate and institutional road shows, and successfully raising approximately $250 million in capital for multiple companies.

He has held various roles in multiple companies, including co-founder, advisor, early executive, and angel investor. Kevin holds a BA from UC Irvine and an MBA from Pepperdine University.

Blake Skadron (Chief Visionary Officer and Co-Founder)

Blake is the Chief Visionary Officer of iTrustCapital. He is responsible for managing the firm’s client experience, branding, and marketing efforts.

Blake Skadron boasts an impressive track record with over two decades of experience in sales, management, and financial services.

Prior to establishing this crypto IRA company, he gained 12 years of experience in various account management and sales leadership positions.

Trevor Gregory (Chief Operating Officer)

Trevor serves as the COO of this crypto IRA firm. He manages the company’s operations and works closely with the marketing, product, and engineering teams.

Prior to iTrustCapital, he had experience working at Indi, a well-known social commerce startup. Trevor Gregory has over 15 years of experience in managing businesses. He has successfully spearheaded the marketing campaigns of numerous prominent national brands.

How to Open a Crypto IRA with iTrustCapital:

  • First, you can visit their website and click on the “Open an Account” button. You will be directed to the iTrustCapital sign-in page.
  • To begin creating your account, you’ll be prompted to provide your name, email, and other necessary details. You will be prompted to verify your email address on the platform. After completing that task, you can proceed to the next step.
  • Once your email is confirmed, you can begin the process of setting up your IRA. At iTrustCapital, you have the option to select from Traditional IRA, Roth IRA, and SEP IRA.
  • After selecting the account type, you have the option to choose your preferred method for funding the account. You have the option to contribute funds directly or transfer funds from an existing IRA account. Both processes require a similar amount of time.
  • Once your account has received the funds, you’ll be able to begin trading the wide range of cryptocurrencies available with iTrustCapital.

iTrustCapital Products:

iTrustCapital offers a wide range of assets for trading. One of the standout features of their catalog is the ability to trade both cryptocurrencies and precious metals.

Here is a comprehensive breakdown of their asset selection:

Cryptocurrencies:

Currently, iTrustCapital offers a selection of 29 different cryptocurrencies.

This selection includes a wide range of popular cryptocurrencies such as Bitcoin, Avalanche, Cardano, Bitcoin Cash, Litecoin, Shiba Inu, and more.

Their Assets page provides charts for every cryptocurrency available on their platform, giving you a comprehensive overview of their recent performance.

They also offer a variety of other cryptocurrencies:

  • Chainlink (LINK)
  • Aave (AAVE)
  • Cosmos (ATOM)
  • Maker (MKR)
  • Polkadot (DOT)
  • EOS (EOS)
  • Dogecoin (DOGE)
  • Sushi (SUSHI)
  • Polygon (MATIC)

Precious Metals:

In addition to cryptocurrencies, this IRA provider offers the option to invest in physical gold and silver.

They have formed a partnership with the Royal Canadian Mint to provide secure storage for precious metals. In a strategic move, they have collaborated with Kitco Metals, a well-known bullion dealer, to provide opportunities for investing in gold and silver.

With iTrustCapital, you can effortlessly monitor your valuable metals around the clock using your personalized dashboard.

They utilize VaultChain to provide round-the-clock access to investors.

The presence of both gold and silver in their asset selection is truly impressive. On the other hand, their selection of cryptocurrencies falls short compared to their main rival, Bitcoin IRA.

 

iTrustCapital Fees and Cost:

One notable advantage of this company is its strong emphasis on transparency. All the information regarding iTrustCapital fees can be found on their website.

There are no monthly account fees charged by the company. There is a mere 1% cryptocurrency transaction fee.

So, if you invest $1000 in Bitcoin, you would receive $990 worth of cryptocurrency. The remaining $10 would be allocated to your IRA provider.

In addition, the company applies a transaction fee of $50 above the spot price per ounce for gold and a fee of $2.5 above the spot price per ounce for silver.

Spot prices are highly volatile and can fluctuate frequently. The IRA provider subtracts the gold and silver transaction fees from your purchases and sales.

In addition, there is a one-time conversion fee of $75 required to convert a Traditional IRA to a SEP IRA or Roth IRA.

iTrustCapital emphasizes that it does not impose any extra charges.

The fees mentioned above would cover:

  • Setting up your new IRAT
  • Transferring or rolling over funds to your new IRA
  • Required IRS reporting
  • Unlimited storage.
  • Ensuring platform support and maintenance

Additionally, customers who have self-directed IRAs for precious metal investments will be required to pay extra maintenance fees.

Undoubtedly, their fee structure is one of the most competitive in the crypto IRA sector.

The minimum account requirement here is $1,000.

Unique Highlights of iTrustCapital:

In addition to being a leading company in the crypto IRA industry, iTrustCapital possesses numerous qualities that set it apart as a unique service provider. Here are the main highlights:

Investing in Cryptocurrency with Tax Benefits:

With iTrustCapital, you have the opportunity to invest in cryptocurrencies using your IRA. Therefore, your contributions may qualify for tax deductions. This provides a significant benefit that is not available with crypto exchanges like Binance or Coinbase.

You would enjoy tax advantages with them, as your gains would either be tax-deferred or tax-free. This is one of the main factors contributing to the growing popularity of crypto IRA providers.

Exciting Offers:

This crypto IRA firm consistently runs new promotions to attract new consumers and promote their IRA services.

Secure Storage:

As per its website, iTrustCapital has partnered with a third-party custodian to securely hold its clients’ assets. Their partner custodian is a trust company that is regulated by the state. It manages client assets in individual retirement accounts exclusively for the benefit of each client.

In addition, their partner custodian utilizes Fireblocks and Coinbase Custody for the secure storage of digital assets.

It utilizes top-tier offline storage, also known as cold storage, and employs multi-party computation (MPC) to ensure maximum security.

The crypto IRA firm highlights the fact that its custodian undergoes regular security and financial audits conducted by external firms and has been awarded SOC 1 Type II and/or SOC 2 Type II certifications.

Convenient Accessibility:

One notable advantage of this IRA provider is its trading platform. You have the convenience of accessing your assets anytime and anywhere through their trading platform. In order to provide this feature, the company provides customer support 24/7.

If you have any questions or confusion, you can easily reach out to their customer support team via phone, live chat, or social media.

Alternatively, you can utilize the contact form provided on their website to reach out to one of their representatives.

Users with iPhones and iPads have the option to download the iTrustCapital app, allowing them to conveniently trade on their mobile devices. The app allows you to easily trade assets from their selection and conveniently track your investments.

iTrustCapital Reviews and Ratings on Other Platforms:

Even with just 4 years of experience, this crypto IRA company has quickly become a leading service provider in the industry. It has garnered a multitude of positive reviews on various consumer platforms.

Below is a breakdown of iTrustCapital reviews based on different platforms:

iTrustCapital Trustpilot Reviews:

Trustpilot is widely recognized as a leading consumer review platform. The company has received over 2,400 reviews and boasts an impressive aggregate rating of 4.4 out of 5 stars.

The majority of iTrustCapital reviews on Trustpilot rate the company with a perfect 5 out of 5 stars, with an additional 15% of reviews giving them a solid 4 out of 5 stars.

Google Reviews:

This crypto IRA company’s Google My Business listing currently has almost 380 reviews as of the time of writing this iTrustCapital review.

According to these reviews, the company has received an impressive overall rating of 4.6 out of 5 stars.

Reviews of iTrustCapital on Reddit:

There is limited information on Reddit and few customers have provided ratings for the company. However, a user has shared some questionable material that could be either true or false.

App Reviews:

The iOS app of this IRA provider has garnered over 110 reviews on the App Store. Nevertheless, the overall rating falls short at 3.1 out of 5 stars.

One user highlights the inconvenience of having to create separate logins for their Tradition and Roth IRA. They express a desire for the company to streamline this process.

Nevertheless, the company has promptly addressed every review on its mobile app.

This indicates that the company’s customer support is quite proactive.

iTrustCapital Review: Conclusion

iTrustCapital is a reputable crypto IRA company. They have established themselves in the industry since 2018 and have successfully acquired over 185,000 customers.

The company boasts a team of executives who possess a wealth of experience and a wide range of skills. In addition, they have received numerous positive reviews on various consumer platforms.

The crypto IRA company provides a diverse range of 29 cryptocurrencies, as well as the option to invest in physical gold and silver, catering to the needs of investors. They offer consumers a wide range of complimentary resources, such as videos and articles.

In addition, their fees and charges are clearly disclosed and easy to understand.

Specification: iTrustCapital Reviews

Main
Gold Bullion

American Gold Eagle, Canadian Gold Maple Leaf, Gold American Buffalo, Gold Austrian Philharmonic

Silver Bullion

American Silver Eagles, Austrian Silver Philharmonics, Canadian Silver Maple Leafs

Trustpilot Rating

4+

Specification
Leadership

Kevin Maloney (CEO)

Minimum Investment

$1,000

Videos: iTrustCapital Reviews

1 review for iTrustCapital Reviews

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  1. fish

    Really good product. I have had this drone for almost three weeks and it has performed very well.

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