Top 10 Precious Metal IRA Reviews

Most precious metal IRA reviews will go over a company, what it offers, and then give it a score. This can make finding the information online about a precious metals company you’re interested in a veritable scavenger hunt.

For your convenience I’m going to go over ten of the most well-known and well respected gold and precious metals IRA companies so you can see what people are saying without having to search the entire Internet for it.

Before we go any further I want to stress the fact that this is not a traditional top 10. I’m not listing my top 10 best precious metal IRA reviews, but rather the top 10 precious metal IRA reviews that you should know about.

Some are good, some are bad, and some are notable for other reasons.

With that said, let’s get started.

Lexi Captial

This company was founded recently in 2012 and is relatively new to the gold IRA scene. While there aren’t many reviews and customer comments on this company yet, most people have had moderately good things to say about them.

Still, the lack of feed back makes it hard to get a feel for this company’s track record.

Lexi Capital currently has

Pros:

• Strong focus on gold IRAs
• Keeps up with the gold market
• Offers “Live Pricing” on their website

Cons:

• Lack of reviews and comments to back up credibility
• Website is mediocre and can be hard to navigate

Ratings:

Business Consumer Alliance – Not Available

Better Business Bureau Accredited – Yes

BBB Score – A-

BCA Complaints – Not Available

TrustLink Score – 5/5 from 1 review

Sterling Trust/Equity Institutional

Formerly known as Sterling Trust, this company was acquired by Equity Trust Company in 2009 and became known as Equity Institutional.

Perhaps the most notable feature of Equity Trust is the fact that is has been plagued with tons of negative customer feedback as well as accusations of fraud and other illegal activities.

Pros:

• Offers a wide variety of investment options
• Website is well done and easy to navigate

Cons:

• Credibility is terrible
• Doesn’t focus specifically on precious metal investment

Ratings:

Business Consumer Alliance – Not Available

Better Business Bureau Accredited – No

BBB Score – A (for headquarters only)

BCA Complaints – Not Available

TrustLink Score – 2/5 from 6 reviews

Morgan Gold

Founded in 1963 Morgan Gold places a strong emphasis on creating a gold IRA account to protect assets from various economic factors that can wipe out your savings.

In addition to gold they also offer silver, platinum, and palladium as well, something that has become common among gold investment groups.

Also, despite being around since the 1960’s, Morgan Gold doesn’t seem to have many reviews online making their credibility somewhat ambiguous.

Pros:

• Strong focus on IRAs
• Keeps up with the gold market and economy

Cons:

• Lack of reviews to prove credibility
• Website is very salesy
• Website is also cluttered and some sections appear in “block text” making it hard to read

Ratings:

Business Consumer Alliance – A

Better Business Bureau Accredited – Yes

BBB Score – A-

BCA Complaints – 5 in the last 3 years

TrustLink Score – 6/5 from 5 reviews

Goldline International

This precious metals company is pretty well-rounded, offering a variety of precious metals to invest in as well as options for setting up an IRA.

That being said, Goldline does little to differentiate itself from its competitors and has numerous negative reviews and ratings.

It should also be mentioned that Goldline’s payment plan is scaled, meaning that what you pay is determined by how much you invest. This could be a turn off to those who prefer a flat fee.

Pros:

• Has all the standard features of a gold IRA company
• Website is nicely designed and easy to navigate

Cons:

• Numerous negative reviews
• Has had legal troubles due to its sales practices
• Scaled payment plan
• Pop ups on website can be annoying

Ratings:

Business Consumer Alliance – F

Better Business Bureau Accredited – No

BBB Score – N/A

BCA Complaints – 49 in the past 3 years

TrustLink Score – 2/5 from 45 reviews

Special Note: Goldline has received an alert from the BBB. Here is what was posted in their listing on the BBB website:

“On February 22, 2012 the Santa Monica Attorney’s Office obtained a judgment and injunction against Goldline International, Inc.

The injunction requires Goldline to change its sales practices, to provide accurate pricing to consumers, to refund up to $4.5 million to former customers, and to pay $800,000 into a fund for future claims.

The deadline to file a claim under the injunction was May 22, 2012.”

American Bullion

This company has pretty much all the services you’d expect from a gold IRA company. In addition to information on investing in a gold IRA account their website also has articles on various gold related news stories.

American Bullion was founded rather recently and as such doesn’t have as many reviews as some of its competitors. The reviews that it does have are mostly average.

Pros:

• Well designed website
• Strong focus on IRAs
• Not a lot of outstanding negative reviews

Cons:

• Scaled payment system
• Not a lot of outstanding positive reviews
• Lack of experience in the industry

Ratings:

Business Consumer Alliance – A

Better Business Bureau Accredited – No

BBB Score – N/A

BCA Complaints – 15 in the past 3 years

TrustLink Score – 4/5 from 5 reviews

Capital Gold Group

This company is one of the bigger names in the gold investment industry and has earned a fairly decent reputation over the years.

While they do have a nice website and all the services you’d expect they seem to be very promotional in their efforts to sell you on their services.

On top of this Capital Gold Group’s reviews and ratings tend to be a mixed bag. Some while many people love them there have been some concerning negative reviews, especially about their gold buy back policy.

Pros:

• Very focused on keeping up with the gold market
• Has a radio show
• Website has a lot of information on various gold investing related topics

Cons:

• Very salesy
• Gold buy back policy is questionable
• The amount of info on their website can be hard to take in if you’re new to gold investment

Ratings:

Business Consumer Alliance – AAA

Better Business Bureau Accredited – Yes

BBB Score – A+

BCA Complaints – 12 in the past 3 years

TrustLink Score – 5/5 from 129 reviews

Bullionvault

Technically Bullionvualt isn’t a precious metals IRA company but instead functions more like a stockbroker, allowing their clients to buy, sell, and trade precious metals.

Bullionvault has a ton of services and features to offer those who want to profit in the precious metals market but don’t expect them to hold your hand and don’t expect them to help you set up an IRA.

The reason I put this one on the list is that many people mistakenly think Bullionvault is a gold IRA company.

Pros:

• Lots of features for gold and precious metal trading
• Buying, selling, and account management is easily handled on their website

Cons:

• Practically no focus on IRAs
• Not very newbie friendly
• Only professional gold investors will get much out of their service

Ratings:

Business Consumer Alliance – N/A

Better Business Bureau Accredited – No

BBB Score – A+

BCA Complaints – N/A

TrustLink Score – N/A

Merit Gold and Silver

This company is something of an anomaly on this list. It has both a very high number of positive reviews but also a very high number of customer complaints.

Merit Gold and Silver was founded in 1989 and has all the options you’d expect from a gold investment company as well as a few special offers (which annoyingly get shoved down your throat on their website).

A couple of the main drawbacks of Merit Gold and Silver are that they don’t allow online ordering and have long delivery times.

Pros:

• Has a lot of positive reviews
• Can help you set up an IRA
• Plenty of options available for precious metal investing

Cons:

• Lots of customer complaints
• Website is very salesy
• No online ordering
• Long delivery times
• High shipping rates

Ratings:

Business Consumer Alliance – AAA

Better Business Bureau Accredited – Unknown (currently being updated)

BBB Score – Unknown (currently being updated)

BCA Complaints – 71 in the past 3 years

TrustLink Score – 5/5 from 631 reviews

Fidelity Investments

This investment firm specializes in offering clients many different options, gold and precious metals being just one of them.

Reviews and ratings for Fidelity Investments has generally been mixed with some people writing about how much they hate the company while others state how much they love it. This has led to overall scores for Fidelity to be roughly average.

Overall Fidelity’s lack of focus on gold and precious metal IRAs is probably its biggest drawback.

Pros:

• Many investment options

Cons:

• Mixed bag reviews and average feedback scores
• Doesn’t place a huge focus on gold IRAs

Ratings:

Business Consumer Alliance – N/A

Better Business Bureau Accredited – No

BBB Score – A+ (only for headquarters)

BCA Complaints – N/A

TrustLink Score – N/A

Regal Assets

Regal Assets is a gold IRA company that places a very strong emphasis on customer service and helping you get set up with a secure IRA to protect your savings from chaotic economic factors.

They even have live customer support on their website if you have immediate questions you want answered.

On top of this the Regal Assets website features various news stories and videos concerning the gold and precious metals investment market. They even have two radio shows as well.

Pros:

• Very strong focus on gold IRAs
• Outstanding customer support
• Many positive reviews and ratings
• Can help you do a rollover without losing the tax deferred status on your savings

Cons:

• The amount of gold investment information on their website may be overwhelming to those who are new to precious metals investing

Ratings:

Business Consumer Alliance – AAA

Better Business Bureau Accredited – Yes

BBB Score – A+

BCA Complaints – 2 in the past 3 years

TrustLink Score – 5/5 from 207 reviews