I regret investing with Auvesta
I invested with Auvesta after a recommendation from someone I trusted, but after digging into the numbers, I regret it — and I want to warn others.
To open an account, I was charged €400, which they market as a "bonus" — because they credit it back to you in metals. But it’s not a bonus at all. It’s your own money, locked into a high-fee ecosystem. There’s no liquidity, no transparency, and no clear way to exit without losing more money.
Over time, I invested a total of €3,225, including the setup fee. Despite the price of gold being at or near record highs, the market value of my holdings is currently around €2,350 — a staggering €870 loss (~27%). That’s not a bad market call — it’s down to Auvesta’s excessive premiums, vague pricing structure, and opaque spreads.
Their invoices are difficult to follow, they don’t provide clear gram-by-gram pricing history, and the spreads between their buy/sell prices are some of the worst I’ve seen — particularly for silver.
I’ve since researched alternatives, and platforms like BullionVault offer far lower spreads, transparent storage fees, and actual daily market pricing. Auvesta’s model seems designed to make it look like you're saving, when in reality, you’re simply overpaying — and then getting back your own money dressed up as a “gift.”
I take responsibility for trusting blindly, but I strongly urge others to do a proper comparison before putting any money into Auvesta.
If you're serious about precious metals investing, look elsewhere.