GoldFolio Reviews: Is It Legit?

Customer Experience

Positive experience70.5% of reviews
Neutral11.5% of reviews
Negative experience18.0% of reviews

~ Based on 61 written reviews from the US App Store.

Is GoldFolio Safe?

GoldFolio appears mostly safe based on user ratings. AppsHunter Safety Score for GoldFolio is 77/100.

This assessment is based on 35 user ratings, with an App Store average of 4.0/5.

Safety Analysis

74.3% of ratings point to a safe experience
8.6% of ratings suggest some concerns
17.1% of ratings point to a risky experience

~ Based on 35 App Store ratings for GoldFolio.

Is GoldFolio Legit?

GoldFolio appears to be a legitimate app. AppsHunter Legitimacy Score for GoldFolio is 83/100.

Based on 83 of 100 points across 7 verification signals from App Store and developer data.

Top reviews

Half the Price than any other app!

This app is better than any other app and half the price if people are complaining about the measley £2 per month then use the free version. If you are not making £2 a month profit then you are making very bad financial decisions and it’s worth paying the £2 a month just to realise you are clearly paying way too much for your metals 😅 can’t recommend this app highly enough it has made me thousands of pounds. I tried about 14 apps before this no good. The next other app maybe as good is spotbot which is a lot more
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Response from developer

Thank you for your review. I truly appreciate your feedback. Lukas



Trash

Locks up then goes off within ten seconds of opening.
Sent 4 emails, no help.
Done

Response from developer

Hi, please contact us at info@goldfolio.app and include your username so we can investigate the issue. If you’re not receiving any emails from us, it’s because that you’re using a different email address than the one associated with your account. We’ll be happy to help you resolve this! 🙂

Lost

This was one of my most visted apps daily, loved all features, but since the premium add on came I struggle to use it.

I miss it

Response from developer

Unfortunately, the reality of running and maintaining an app has caught up with us too. Development, servers, and other ongoing costs add up, and it’s simply no longer possible for me to cover everything out of my own pocket. That’s why Premium is necessary to keep GoldFolio running, improving, and available to everyone. I hope you understand.

The best!

Moving from Excel to IOS apps, I’ve tried all available gold apps. This one stands out as the smoothest and the most straightforward with best UI !

Suggesting some additional features that will make it even better :

1- The ability to mark items as sold with history log & total ROI relevant to purchase price.

2- The ability to create & maintain multiple portfolios on one device.
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Response from developer

Hi, thank you very much for your review and suggestions! 🙂 We're already planning to implement both of the features you mentioned during the next year. We really appreciate your feedback and support. It helps us make GoldFolio even better! Lukas

Keeps track of my Gold and silver but…

The subscription fee is too high, either lower it or just charge a one time payment for the app. I will be looking at other option’s.

Response from developer

Thank you for your feedback. The cost of running and developing the app is quite high, so at the moment, I'm still investing a significant amount of money every month, even with the current price. Once we have more paying users, we may be able to lower the price. However, please feel free to contact us at info@goldfolio.app, and we can discuss what we can do for you. 🙂

Prices are off from actual prices

The app doesn’t seem to get actual prices anymore. It used to, but now there is a variance between what it displays and the live price.

Response from developer

Hi, Could you please send us screenshots at info@goldfolio.app so we can investigate the problem and better understand what is happening? Thank you

Another app that you have to pay for

This app was brilliant but as usual now you have to pay for basic features. I would have given it 10 stars let alone 5 but now they’ve started introducing “updates” so you have to pay for features. My recommendation is just write your portfolio down on a piece of paper before you store all of your info on an app that’s eventually going to block you through a paywall forcing you to buy your info back. I’m going to stop using this app now and stick to a pen and paper before I lose it all.

I understand running costs exist but just add a feature where you can donate something as most of us are so appreciative of the app. I would donate £10 just to keep it the same as it was before
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Response from developer

Hi this is heartbraking for me. I spend so much time and money with this app and if i see one star for this reason it makes me cry. You cant imagine how much money i need to spend every month to just run this app. How much cost every update. I am donating this app every month because i made this for users. If 100 users donate 10£ i still do not have enough money for single month. Costs of developer, running costs and third party app are crazy. I recommend to create own app and you can see real costs. However this app is made for users. If you dont want support us to make this app better let us know here : info@goldfolio.app and we will always find another solution for you. Thank you 


Issues with latest versions

I originally gave Goldfolia a 1-star review due to some issues with the latest update. Since then, they’ve worked closely with me to resolve the problem, so I’m happy to update my rating to 5 stars.

Response from developer

Hi, please contact us at info@goldfolio.app and we can figure out a solution for you. The costs are so high that it is not possible to continue without a paywall. I am truly sorry for that, but I cannot keep paying these monthly costs from my own pocket forever. Let us know, and I will do my best to find a solution for you.

Great app for bullion

This app is great for tracking bullion! I would love to see the ability to add Jewlery as well though!

Response from developer

Thank you for your review. I truly appreciate your feedback. This abillity we will add this year for sure :) Lukas

Please add average cost stat

Would love to see an average cost statistic to track my dollar cost average (DCA) across my metals!

Response from developer

Thank you for your review. Search option will come for sure :)

Paywalling features that were free

I understand implementing micro transactions to the app and normally this wouldn’t bother me.

However, taking away features that were free in the beginning(adding pictures and advanced pricing) and then paywalling behind a micro transaction is disgusting and not the right way to go about it.

This makes me not want to pay for it and delete the app. If however you add new features and paywalled it then that’ll be fine or if the features were paywalled from the beginning.
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Response from developer

Hi, please contact us at info@goldfolio.app and we can figure out a solution for you. The costs are so high that it is not possible to continue without a paywall. I am truly sorry for that, but I cannot keep paying these monthly costs from my own pocket forever. Let us know, and I will do my best to find a solution for you.

Uninstalled

I’ve uninstalled the app after they’ve changed features like photos and bulk upload to a premium subscription that users pay for, the app is clearly desperate for money, instead of incentivizing users to download their app by making it better they just add a subscription service. DON’T BOTHER WITH THIS APP, there are better ones out there for tracking your stack growth.
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Response from developer

Hi, please contact us at info@goldfolio.app and we can figure out a solution for you. The costs are so high that it is not possible to continue without a paywall. I am truly sorry for that, but I cannot keep paying these monthly costs from my own pocket forever. Let us know, and I will do my best to find a solution for you.

Highly Recommend!

Excellent amount of free features with a variety of portfolio metals you can track including copper!

Response from developer

Thank you for your review. I truly appreciate your feedback. Lukas

Why do you have to pay now?

I agree with others. I’ve been using this app for ages, and I started it because it does everything I wanted. It’s easy to track, the layout is nice, it’s clean efficient. Overall the app is amazing.

But I’ve spent hours added all my portfolio to this app, going back through all purchases making sure everything is correct to now not be able to use half the features I was already using…. Do I now go to another app and all my time was wasted. Or do I stay here with half the features I had.

I understand and respect costs and bills need to be paid and things are getting more expensive, but also not everyone can afford a fun bill like this on a monthly basis. I would much prefer banner ads at the bottom or optional donations etc etc. maybe these are not cost effective. But I’m super gutted this is now paid as the app is absolutely amazing what it is. The only reason it’s not 5 stars is because of this change.
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Response from developer

Hi, please contact us at info@goldfolio.app and we can figure out a solution for you. The costs are so high that it is not possible to continue without a paywall. I am truly sorry for that, but I cannot keep paying these monthly costs from my own pocket forever. Let us know, and I will do my best to find a solution for you.

Best App Ever

I’ve never seen an app fixed before there was a problem and they fixed it in 12 hours over the weekend.

I’ve been using this about a year and achieve around 150% returns on my metals using this app to track my purchases

It is easy to use even my elderly Dad can keep an eye on his portfolio

I downloaded about 6 other apps before this one which were all useless.

This is an essential daily tool for anyone investing in physical precious metals or trading it
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Response from developer

Thank you for your review. I truly appreciate your feedback. Lukas



BEWARE

App is pretty glitchy. Widgets don’t work, P/L doesn’t work, and before you could add a photo to an item in your inventory to catalog but now it seems that adding a photo is becoming a “premium” feature. (dumb thing to pay for)
But now there’s a catch! You want the premium features? The button doesn’t even work either!! Kinda funny really…
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Response from developer

Could you please send us a video at info@goldfolio.app ? Many people think the markets are open during the weekend, so that may be the reason why you see no changes in widgets or P/L during weekends :) We also need to add a paywall because there is no other way to cover the app’s monthly costs.

This new Premium addition makes the app not worth it anymore

What they had for the last couple months has been perfect. No issues, efficient and accurate. Then they added these new premium features as a cashgrab and make the app borderline impossible to use without paying the premium fee. Coming from someone who has been using this app for about a year or so this is a big disappointment. Especially as I’ve been using this mainly over the Tavex myportfolio section on the website. Now I’m going to have to manually add my things to the Tavex app and delete this. If it isn’t broke don’t fix it and not everything needs to be monetised. What a complete joke i woke up to, i wish i never had automatic updates on so I could’ve avoided this and i know its not going to be reverted so this is where i make my exit.
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Response from developer

Thank you for your review. Honestly, this is heartbreaking because the rating is about paid features, not functionality. Monthly costs for development, APIs, and maintenance are so high that keeping everything free is not possible anymore. I truly appreciate your understanding. Lukas If you want i can add you to the tester group so you can use old version.

Excellent

I wanted something to use besides excel or my phones notepad. This is perfect! It covers the major metals, lets you add notes, and a list of other great features. Looking forward to growing my stack and watching this app evolve.

Response from developer

Thank you for your review. I truly appreciate your feedback. Lukas

5/5

The Best App, I’ve ever had for my physical portfolio.

Response from developer

Thank you for your review. I truly appreciate your feedback. Lukas

Excellent w minor need

Excellent app, has plenty to offer. A minor improvement would be to allow the deduction of a sale, which made profit.

Response from developer

Hi thank you for your review. Yes we plan this i hope we will integrate this feature soon. Lukas