BullionVault is owned by Galmarley Limited, who in turn are a subsidiary of BullionVault LTD.

All three are UK corporations with a physical address in London, UK.

BullionVault was founded in 2005 and is headed up by Chairman Paul Tustain (right).

As per Tustain’s BullionVault corporate bio reveals he was working in the banking sector before getting into gold.

Sensing that more people would soon be looking to buy gold (Tustain) started planning BullionVault in 2002.

Development of BullionVault, which he funded, started in late 2003, and the BullionVault service was launched in spring 2005 supported by investment from 30 friends, family and business angels.

He was CEO from launch until 2016, during which time the business grew to become the world’s biggest online investment bullion service.

In addition to running BullionVault, Tustain also co-founded WhiskyInvestDirect in 2015.

WhiskyInvestDirect is a non-MLM company that offers a whisky investment service. Of the two companies, BullionVault definitely appears to be the stronger.

Read on for a full review of the BullionVault MLM opportunity.

BullionVault Products

With there being no differentiation between retail customers and affiliates, strictly speaking BullionVault has no retailable products or services.

BullionVault run a “live order board” service, which permits affiliates across the world to directly trade gold, silver and platinum with each other.

On the order board you can deal direct with other customers, cutting out the middleman.

You can buy their bullion when they want to sell, or sell to them when they want to buy.

You choose your own price and compete in the market to find a buyer or seller who will accept that price.

It’s like a stock exchange, but for pre-vaulted investment gold, silver and platinum, not for shares.

Standard fees provided on the BullionVault website include

a “dealing commission” of between 0.05% and 0.5% each time you buy or sell through the order board

storage and insurance charges of 0.12% per year for gold and 0.48% per year for silver and platinum (billed monthly)

fund wire fees of around $30 on average (UK withdrawals free)

BullionVault also charge fees for withdrawing or moving stored metals obtained through the live order board.

The BullionVault Compensation Plan

Transaction fees for gold trading on the live order board are commissionable.

Commissions are paid to BullionVault affiliates as a percentage of fees generated by trading activity of referred customers.

Commissions on fees charged are paid out as follows:

25% of fees charged to personally referred customers and

6.25% of fees charged to customers your personally referred customers refer (level 2 in a unilevel compensation structure)

Note that commissions are paid out for two years on created customer accounts.

Joining BullionVault

BullionVault affiliate membership is free.

Conclusion

BullionVault very much appears to be a precious metals marketplace first and MLM oppo

🤖 Quick Answer

What is BullionVault and when was it founded?
BullionVault is an online marketplace for trading gold, silver, and platinum, established in 2005. Founded by Paul Tustain, the platform operates as a UK-based corporation with headquarters in London. The service launched in spring 2005 with initial investment from thirty friends, family members, and business angels, subsequently becoming the world's largest online investment bullion service.

Who owns and manages BullionVault?
BullionVault is owned by Galmarley Limited, a UK corporation that operates as a subsidiary of BullionVault LTD, also UK-registered. Paul Tustain serves as Chairman. He founded the company after recognizing market demand for accessible gold investment. Tustain previously worked in the banking sector before conceptualizing the platform in 2002.

**What is the corporate structure of

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