Gold Account
A unique platform for investing in physical precious metals
We recommend applying on your phone - you will need to use the camera during the process
As one of the first in Europe, we are introducing Gold Account, a new way to easily invest in physical gold and other precious metals, store them and manage them conveniently online. This modern platform, developed by Florinus, makes investing accessible to everyone: you do not have to buy a large amount of gold at once. You can start with small sums and build your holdings gradually, according to your means. Your metals are insured and stored in a professional vault. You can track them and changes in their value on your phone in real time, sell them on the platform or collect them physically when needed.
“Our aim is to enable people to build a real, tangible reserve for emergencies or retirement, while retaining full control over its value and liquidity,” says the head of precious metals trading company Florinus, Žilvinas Leškevičius.
Why choose Gold Account?
1. Start saving with small amounts
When buying small gold bars in the usual way, manufacturing, minting, packaging, logistics and distribution account for a large part of the price. With Gold Account, you purchase a specific investment gold product, such as a 1/1000 oz coin (31 mg), or small 1 g, 2 g and other bars. The platform uses professional investment pricing, so purchases of small units are designed for sensible long-term accumulation, rather than the souvenir or gift market. You can buy physical gold in very small quantities, starting from 31 milligrams. This lets you start with a small sum, gradually increase your holdings and later sell or physically collect your gold.
What does this look like in practice? Imagine setting aside €20 every month and using dollar-cost averaging to buy the corresponding amount of gold each time at the prevailing market price.
If you had invested €20 every month, over 5 years you would have contributed €1,200, and your accumulated gold would be worth approximately €2,702.65. Over 10 years, your contributions would total €2,400, and the gold would be worth about €6,031.18. Over 15 years, you would have invested €3,600, and the gold would be worth around €10,416.19. Over 20 years, your contributions would total €4,800, and the gold would be worth approximately €16,078.40.
2. Reliable, professional storage
Your metals are kept in a professional vault with multiple layers of physical security and control procedures. They are insured and segregated from the company's assets, so you do not have to worry about the risks of storing them at home. Your account shows your accumulated metal holdings, transaction history, price changes and clear documentary records in real time.
3. Convenient, fast collection
Gold Account ensures that your accumulated metals can be converted into money or collected physically at any time under a clear, regulated procedure. You can sell your holdings on the platform around the clock with just a few clicks. The buyback price is fixed at the time of the transaction according to the prevailing market (SPOT) price and platform rules, and payment is made on the next business day under the established procedure. Physical collection or delivery is arranged within a few business days, from the central vault, to your chosen branch or by courier. Your investment is therefore not “locked away”: you have real liquidity, control and prompt access to your assets.
Physical gold collection is subject to a €25 administration fee for each release transaction, covering accounting, vault procedures, logistics and similar costs, regardless of the weight collected. Collecting a larger amount of accumulated gold at once therefore reduces this fee as a proportion of its value.
Another advantage of Gold Account is that investment gold meeting the specified criteria is exempt from VAT, so this 21% tax is not added to its purchase price. The exemption applies only to investment gold. Other services or precious metals may be taxed differently, depending on their nature and the applicable rules.
How do I use Gold Account?
Using Gold Account is simple. First, create an account on the Florinus website. Then apply for access to the Gold Account platform and complete the identity verification (KYC) details. Once your identity has been verified and you have signed the documents electronically, your account is activated. You can then start accumulating precious metals, tracking their value and managing your portfolio remotely. Gold Account brings together what matters most for long-term value: the substance of physical metal and digital convenience for everyday management.
