Fees

• Platform Access
• Transaction fees
• Sale and Withdrawal fees
• Minimum Order Quantity
• Physical Redemption fees

Platform Access

Registration: Free

Monthly fees: None

Creating your Liquid Noble user account is completely free, with no setup charges or ongoing monthly fees. You only pay when you choose to purchase precious metal entitlements or redeem physical bullion.

Transaction fees

Execution prices are based on the global spot market for each precious metal.

• Gold:

  • Buy orders are executed at 1% above spot price.
  • Sell orders are executed at 1% below spot price.
  • The purchase fee of 0.22% is applied on top of the buy side.
  • Example: A gold buy order incurs the 1% execution margin plus the 0.22% purchase fee, making the total cost 1.22% above spot.

• Silver:

  • Buy orders are executed at approximately 4% above spot price.
  • Sell orders are executed at approximately 4% below spot price.
  • The purchase fee of 0.22% is applied on top of the buy side.
  • This wider spread reflects the higher costs and complexities associated with storing silver compared to gold.

Purchase fee: 0.22%

A purchase fee is applied on top of the execution price. For large orders that exceed our reserve, this fee will apply to the supplier's quote used to replenish our reserve and fulfill the order.

At-a-glance summary

* Assumes the percentage withdrawal fee applies. The AU$3.00 minimum may result in a higher effective discount from spot for small withdrawals.

Direct Deposit fee: 0.00%
Supported currencies: AUD, USD, GBP, EUR, NZD, CAD, SGD, TRY

Depositing any supported currency to your Liquid Noble user account incurs no fees and is the most economical way to fund purchases.

Currency conversion: All precious metal entitlements are internally priced in Australian Dollars (AUD), even when your chosen account currency displays quotes in other supported currencies. When you pay in currencies other than AUD, we use Wise to convert your payment to AUD at market exchange rates. Wise's standard foreign exchange and transfer fees apply to these transactions, but Liquid Noble does not add any additional markup or commission on the currency conversion. The total amount you pay will include Wise's fees, which are transparently displayed during the purchase process.

Sale and Withdrawal fees

We charge whichever fee is higher for each withdrawal of proceeds from precious metal entitlement sales.

Please note that additional fees from your payment processor or bank may apply. These charges are beyond our control and are your responsibility to pay.

Minimum Order Quantity

The minimum amount of precious metal entitlements (measured in grams) that can be bought or sold through Liquid Noble in exchange for fiat currencies (e.g. AUD) is as follows:

Physical Redemption fees

At Liquid Noble, we do not apply any markup to the price of physical metal products selected from our catalogue. However, a barring fee (charged by refineries for casting bullion bars from pool allocated metal) applies. This fee is based on the difference between the current spot price of precious metal entitlements and the retail price of the specific product chosen, and as such, it will be quoted upon request.

In addition, we charge an administration fee of AU$220 per redemption order to cover the cost of manual processes involved in coordinating logistics, inter-vault transfers, and final delivery. This fee is fixed per order and does not increase with the number of products redeemed, so customers are encouraged to group their items into a single redemption to minimise costs.

Administration fee waiver (Brisbane residents): Customers residing within 35km of our office are eligible for a one-time waiver of the AU$220 administration fee on their first physical redemption order. Barring fees still apply. This offer is available to Brisbane-area residents only and is limited to one waiver per customer.