Pros of iTrustCapital
1. Low and Transparent Fees
iTrustCapital has a competitive fee structure:
- 1% per cryptocurrency transaction
- $50 over spot per ounce for gold
- $2.50 over spot per ounce for silver
There are no monthly account maintenance fees, setup fees, or rollover fees, making the platform budget-friendly for long-term investors.
2. Fast and Simple Account Setup
New users can often open an account in just one business day. The platform interface is intuitive and streamlined, which makes it accessible even to beginners in crypto or self-directed IRAs.
3. Strong Security Measures
iTrustCapital partners with leading custodians and storage providers. Assets are held in offline cold storage, protected by multi-layer encryption, and insured against theft or loss. Two-factor authentication (2FA) and video identity verification are standard practices, adding extra layers of protection.
Cons of iTrustCapital
1. Limited Asset Variety
Unlike more traditional investment platforms, iTrustCapital does not offer access to stocks, bonds, ETFs, or mutual funds. Its focus is limited to digital currencies and precious metals, which may restrict diversification for some investors.
2. Inconsistent Customer Support
Some users have reported difficulty getting timely responses from customer service. During high-demand periods, wait times for support or issue resolution can be longer than expected.
3. Minimal Educational Content
The platform offers basic FAQs and tutorials, but lacks in-depth educational materials, which could be a drawback for investors new to crypto or precious metals.
iTrustCapital Affiliate Program
iTrustCapital offers an affiliate program for individuals or businesses looking to promote the platform. Participants receive a unique referral link and earn commissions for each new user who signs up and funds an account. The program is ideal for financial bloggers, influencers, or content creators who have an audience interested in crypto IRAs or alternative investments. Affiliates typically benefit from competitive commission rates and dedicated support from the affiliate team.
Summary Table
| Feature | Details |
|---|---|
| Investment Types | Cryptocurrencies, Gold, Silver |
| Fees | 1% crypto transaction, $50/oz gold, $2.50/oz silver |
| Account Setup Time | Typically 1 business day |
| Security Features | Cold storage, 2FA, insurance, identity verification |
| Customer Support | Mixed reviews, possible delays |
| Educational Resources | Basic FAQs and tutorials |
| Affiliate Program | Available with commission-based structure |
Final Verdict
iTrustCapital is a solid option for investors looking to gain exposure to cryptocurrencies and precious metals within a retirement account. It offers low fees, strong security, and a streamlined user experience. However, those seeking access to traditional investment products or more extensive educational support may find the platform limiting. Overall, iTrustCapital is best suited for self-directed investors with a focused interest in alternative assets and tax-advantaged strategies.