iTrustCapital vs Regal Assets vs CoinIRA
iTrustCapital vs Regal Assets vs CoinIRA proves a challenging comparison. Since each of these options has something worthwhile to bring to the table, choosing the best isn’t straightforward.
We’ve built a rubric, so objective comparisons feels easy. What do they have to offer, and how much will it cost you?
iTrustCapital
Working with iTrustCapital appeals to us because of how simple setting up an account is. Anyone who has $1,000 ought to check them out, considering their low account minimums. Besides, with live trading, you’ll have access to your portfolio no matter where you go.
Company Highlights
- 24/7 Trading:
Their live trading doesn’t have operation hours. In other words, it’s available around the clock. - Minimal Transaction Fees:
Other places might charge as much as 15% or more per transaction. iTrustCapital only charges 1% each time you conduct a transaction. - 3 Years of Operation:
Ever since they’ve opened their doors in 2018, they’ve been committed to delivering a superior service.
Services
Trading cryptocurrency, using your retirement funds, would be iTrustCapital’s main service.
They’ve made it straightforward to invest your retirement funds in crypto, whether they’re from your IRA or 401(k).
Then, you can invest them in crypto, diversifying your portfolio. Plus, with such low transaction fees, there are hardly any trading barriers.
Storage and Asset Protection
iTrustCapital has implemented an advanced security protocol, designed by industry experts. They’ve used similar systems to those used by the military and other institutional investors. Anyone who trades, night or day, is covered by 256-bit encryption.
Fees
Fee Schedule
- 1% Transaction Fees:
Primarily, they’ve created a fee structure centered around transactions. Still, compared to their competitors, these transaction fees are minuscule. - $29.95 Monthly Service Fee:
Although they’ve got small fees in most areas, your monthly fee is one of the largest in the industry. So, prepare to pay well over $300 for a year of service. - No Setup Fees:
Of course, in contrast with their higher monthly fees, it doesn’t cost anything to set up an account.
Insurance and Encryption
Anything done on their site is encrypted using an SSL-based protocol. Additionally, if you’ve purchased assets with them, they’ll let you store everything in a cold wallet.
Even successful hackers can’t hurt you.
Everything stored on their site has a $50 Million insurance policy.
Opening an Account and Customer Service
If we had to lodge a complaint, it’d be regarding their customer service and account setup procedures. First, they’ve got a tendency to take their time, answering the phone. Considering you’ve got to call them to create an account, it can cause headaches.
Regal Assets
If you’ve been seeking a place where you can invest in all the most popular cryptos, this might be it. Regal Assets has been in the industry since 2010, giving them over 10 years of experience. In all that time, they’ve created a stellar reputation.
Company Highlights
- $250 Million Insurance Policy:
For anyone who has a large networth, investing here might be worthwhile. They’ve got one of the largest insurance policies we’ve seen. - IRA Rollovers:
Rolling over funds from your IRA let’s you leverage your existing retirement funds. Thus, diversifying your retirement into crypto. - $25,000 Minimum Balance:
You’ll have to put down a decent amount to open an account. Assuming you’ve got the dough, they’ll treat you well.
Services
Regal Assets happens to be one of the oldest companies we’ve reviewed. Since they’ve been around since before crypto, they’ll help you trade precious metals. Even funds from your IRA can be used to purchase them. Of course, they’ll assist you with all your crypto purchases as well.
Storage and Asset Protection
Keeping your assets safe is what Regal Assets is best at. They’ll immediately keep all your assets stored in a digital wallet. However, for anyone who values security, their cold wallets have been quite soothing. By keeping your coins offline, nobody can access them.
Fees
Fee Schedule
- $100 Annual Fee:
Every account costs the same flat fee, no matter its size. Even large investors don’t have to pay anything additional. - $150 Storage Fee:
Keeping your coins safe ensures you’ve made a good investment. Thanks to their cold wallets, everything you’ve invested is kept as safe as possible. - Flat Transaction Fees:
Sometimes, wherever you invest changes their prices depending on how much you’ve spent. The more you spend, the more it’ll cost. Here, things cost the same regardless of what you’ve spent.
Insurance and Encryption
Leaving your assets in a digital wallet, without encryption, is leaving them open to theft. Fortunately, Regal Assets has taken security quite seriously. So, all their accounts have been protected by the latest encryption technology. Plus, even if something happens, you’ll have a $250 Million insurance policy.
Opening an Account and Customer Service
Speaking to their customer services agents isn’t bad, but it does take a lot of time. Not to mention, unless you give them a call, you can’t open an account.
CoinIRA
CoinIRA stands out in so many ways, from their services to their pricing. Where you decide to invest ought to depend on how well they treat your investments. Here, they’ll always keep you at the top of their priority list.
Company Highlights
- Formerly Known as Goldco:
In 2017, Goldco decided to transform into something else. Now known as CoinIRA, they’ve expanded into crypto. - Low Fees:
Anyone who has just started investing should consider how much they’d spend in fees. Thankfully, CoinIRA’s fees happen to be rather manageable. - Online Account Setup:
Most companies force people to sign up over the phone, but not here.
Services
CoinIRA offers services in two areas. First, they’ll help you invest retirement funds into precious metals. Or, they’d help you invest them in crypto. Either way, by using CoinIRA, your retirement savings can be put to good use.
Storage and Asset Protection
Backed by 256-bit encryption, their digital wallets are top of the line. Anything invested in them is well protected. Enough has been spent to make sure of that. Plus, all your assets have an insurance policy, worth up to $100 million.
Fees
Fee Schedule
- $20,000 Account Minimum:
Building up the cash for the minimum balance ought to be the toughest part of working with them . - $50 Setup Fee and $195 Annual Fee:
Looking around, it’s tough to find anywhere with better fees. If you’d like to spend as little as possible, this would be where you ought to invest. - 0.05% Monthly Cold Storage Fee:
How much is peace of mind worth? For such a small monthly price, all your assets are kept in cold wallets.
Insurance and Encryption
On top of cold wallet storage, they’ve got awesome insurance policies. Anything you’ve invested is protected by CoinIRA up to $100 Million.
Opening an Account and Customer Service
Best of all, at CoinIRA, you can start a new account online. Instead of speaking to a customer service representative, you can take care of everything right from your computer.
Why CoinIRA Is Where You Ought to Invest Your Retirement Savings
Simplified by design, everything CoinIRA does screams user-friendly. If you’ve worked with other companies, you’ll notice the difference. From their $100 Million insurance policy to their cold wallet storage, everything they’ve done ensures you’ve got peace of mind. Plus, you can even invest in precious metals with them.