Your Gold Edge Investment Account allows you the freedom to buy gold online and convert gold to cash at your convenience. It’s the easiest way to invest in gold. You can buy and/or sell any quantity above 1 ounce.
Portfolio diversity
Enjoy the ability to make investments across asset classes, as recommended by experts. This bypasses the need for brokerage and offers the opportunity for a diverse portfolio.
Competitive pricing
Your Gold Edge Investment Account offers you all the benefits of competitive pricing. The unit price is adjusted twice daily to give you access to the latest information which will equip you to make your investments.
Invest in gold the most convenient way
With a Gold Edge Investment Account, buy gold online without worrying about storage or security. Invest in the world’s most desirable precious metal without having to find a broker, pay storage fees or even leave the house.
International gold trading with no minimum fee, no fall below fees & no documentation.
Apply online using MashreqOnline.
Simple & Easy
Gold is held electronically, so there are no hassles and risks of storing and moving physical gold.
Buy gold from wherever you are
It’s simple, you can buy gold online without worrying about storage or security.
Eligibility
Minimum balance
Not applicable
Mashreq Account
Customers who already hold an active Current or Savings Account with Mashreq Bank
Age
Must be 18 years old and above. A minor (below the age of 18) can apply along with a guardian.
A Gold Edge Investment Account is similar to any other foreign currency account, designated with the currency code XAU and denominated in troy ounces.
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You need to have an active Current and/or Savings Account with the bank in order to apply for a Gold Edge Investment Account.
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There is no interest paid for Gold Edge Investment Account.
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You can apply for a Gold Edge Investment Account using MashreqOnline only.
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There is no minimum amount required. You simply decide how many troy ounces of gold you would like to invest in. Then, according to the prevailing gold rate, simply transfer the funds from your AED or USD account into your XAU account.
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You can buy or sell any amount of Gold equal to or greater than 1 ounce through this account in a single transaction (less than 1 ounce is not permitted).
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