iTrustCapital is a self-directed IRA provider that enables clients to invest in digital assets like cryptocurrencies and precious metals through their retirement accounts. The company was founded in 2018 by Todd Southwick to provide a secure and user-friendly platform for investing retirement funds in alternative asset classes. It is based in Irvine, California.
However, iTrustCapital is not accredited by the Better Business Bureau (BBB) and has a rating of C-. The BBB has received numerous customer complaints about the company’s products or services. While a C- rating is not the worst possible rating, it indicates that the company has some issues that must be addressed.
With iTrustCapital, investors can invest in various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, etc. The platform allows investors to purchase and sell cryptocurrencies in a tax-deferred IRA account, meaning that any profits from the investment will only be subject to taxation once withdrawn from the account.
In addition to cryptocurrencies, iTrustCapital also allows investors to invest in gold. Gold has long been considered a safe-haven asset and is often used as a hedge against inflation and economic uncertainty. With iTrustCapital, investors can purchase and store physical gold in a secure, insured vault.
The gold can then be sold anytime, with profits being tax-deferred until withdrawn from the account.
The platform charges an annual fee based on the total value of the user’s portfolio, which can range from 0.5% to 1% depending on the account balance.
In terms of cryptocurrencies, iTrustCapital currently offers Bitcoin, Ethereum and Litecoin. The platform charges a 1% transaction fee for buying and selling these cryptocurrencies. Additionally, network fees may be associated with each transaction, paid to the network miners, not iTrustCapital.
iTrustCapital is a reliable and secure platform that offers individuals the opportunity to invest in alternative assets using their retirement accounts. The iTrustCapital login process is simple and straightforward, allowing users to access their accounts quickly and easily. If you’re looking to diversify your portfolio and invest in digital assets, gold, or other alternative assets, iTrustCapital is definitely worth considering.