Do you want to diversify your portfolio by investing in valuable metals but don't know where to start? If yes, then this review of Bullion Exchanges will help you make the right choice.
Precious metal is a top pick for investors due to its resistance to economic inflation. Bullion Exchanges is a renowned name in the precious metal industry. We at What Is A Gold IRA aim to give investors a clear idea about investing in valuable assets.
This comprehensive review of Bullion Exchanges will help you determine whether or not the company meets your financial needs and goals. So without further ado, let's get right into it.
What are the Bullion Exchanges?
Bullion Exchanges is a popular retailer which offers its services globally, as the company ships its products to various countries. You can find a variety of precious metals, which you can buy through their websites at their outlets at competitive prices.
Its wide variety of products, positive customer feedback, high-quality, exceptional services, and competitive prices helps it stand out. Bullion Exchanges offers coins, bars, and bullion for various metals, including gold, silver, platinum, and palladium.
Our Bullion Exchanges review will give you an overview of the company's requirements, pricing, features, etc. We give a clear and unbiased review to provide you with accurate information before they start investing in the precious metal industry.
Bullion Exchanges: Company Background
Bullion Exchanges started its operations in 2012. The company's initial office was in Manhattan, New York, and it offered customers IRA-approved precious metals. Since there are many unethical sellers in the market, Bullion Exchanges offers complete transparency, so investors are confident when investing in the company.
The company received its accreditation from the Better Business Bureau (BBB) in 2015. Bullion Exchanges keeps its precious metals in the IRS-approved facilities below:
- Strategic Wealth Preservation in the Cayman Islands
- New Direction IRA
- International Depository Services in Delaware
- International Depository Services in Canada
- GoldStar Trust Company
Authenticity Guarantee
Many scammers in the market would sell you non-authentic products. So how can you know if the products you are buying are worth the money?
That is where Bullion Exchanges comes into play. The company only offers certified products and services. Therefore, you need to make sure the information is authentic of any item you buy from them.
Bullion Exchanges Products and Services
Bullion Exchanges offer various products and services that you can find online or when shopping at its store. Let's review the categories the company has.
Precious Metals
The primary category of Bullion Exchanges is precious metals, such as
- Silver
- Pre-1921 and pre-1933 gold and silver coins
- Platinum
- Palladium
- Various other rare commodities and IRA-approved products
- Gold
- Copper bullets
- Collectible U.S. coins
- Canadian coins
- Australian coins
The company’s website has complete information about all these products. You can also visit their stores to learn more about buying these precious metals. However, you should call ahead to know if the item you need is in stock.
The Gold IRA Program
Besides precious metals, Bullion Exchanges also its customers a gold IRA. The gold IRA functions similarly to a traditional retirement account. The primary difference is that instead of offering cash-backed assets, the IRAs will be backed by precious metals.
So, if you want to open a gold IRA, you can get help from Bullion Exchanges. But, you should go through our reviews before making the final decision.
How do Bullion Exchanges Differ from the Competition?
You might wonder why you should choose Bullion Exchanges when other companies offer the same products and services. Here are some aspects that set Bullion Exchanges apart from others.
- Industry experience: Bullion Exchanges has been in business for almost a decade. Their vast experience allows them to help investors make the right decisions. The company's top-notch services and transparency also helped them become one of the biggest service providers in the market.
- Outstanding BBB reviews: The Company enjoys an A+ rating from the Better Business Bureau because of its practices, dealing with poor customer reviews, and legal compliance. You will find testimonials and reviews of many happy customers.
- Selling opportunities: Apart from buying precious metals, you can also sell your precious metals to Bullion Exchanges. We recommend you check the company's offers and then compare them with other offers before you make the right decision.
Is Investing in Bullion Exchanges Worth It?
Until now, we highlighted the positive aspects of investing in Bullion Exchanges. We will also address some less optimal factors of this company, allowing you to make an educated decision.
While the company has various positive reviews, there are a few that are not happy with the services it provides. However, these customers' reviews are opinions of different individuals. Here are some aspects that many negative reviews highlight about the company.
Website and Support Issues
Some reviews highlighted the issue with the website that the inventory wasn't updated regularly. Customers would add products to their cart, and they find out that they are out-of-stock.
Other customers highlighted issues with contacting customer support throughout the website. The bugs and other complications with the website and support team is the main complaint of customers.
Potential Price-Fixing
Another recurring issue that many customers face is the fixation on price. The prices of valuable metals frequently fluctuate due to the changing market value. A few reviews highlight that Bullion Exchanges' website canceled their orders before shipment if the prices change.
However, the company has denied all such claims. The probable cause for these issues can be a website bug. So, if you plan on making a large purchase, the website can be a problem.
What Are Your Other Bullion Exchange Options?
If you believe that Bullion Exchanges is not the optimal choice for your investment goals, then you can search for other options. We at Learn About Gold review some of the most well-known names in the market to help you find the best company for your investments. You can check out extensive reviews about various companies in the precious metal industry.
- Advantage Gold: A+ rating from Better Business Bureau with 4.72 stars
- American Hartford Gold: A+ rating from Better Business Bureau with 4.92 stars
- APMEX: A rating from Better Business Bureau with a 4.02 stars
- Augusta Precious Metals: A+ rating from Better Business Bureau with 4.96 stars
- Birch Gold Group: A+ rating from Better Business Bureau with 4.76 stars
- Gold Co: A+ rating from Better Business Bureau with 4.865 stars
- JM Bullion: A+ rating from Better Business Bureau with 4.64 stars
- Lexi Capital: A+ rating from Better Business Bureau with no reviews
- Noble Gold: A+ rating from Better Business Bureau with five stars
- Orion Metal Exchange: A+ rating from Better Business Bureau with five stars
- Oxford Gold Group: A+ rating from Better Business Bureau with five stars
- Patriot Gold Group: A+ rating from Better Business Bureau with five stars
- Provident Metals: A+ rating from Better Business Bureau with 4.72 stars
- Regal Assets CA: B- rating from Better Business Bureau with 2.29 stars
- Rosland Capital: A+ rating from Better Business Bureau with 4.49 stars
- Silver Gold Bull: A+ rating from Better Business Bureau with 4.075 stars
- USA Gold Bureau: A+ rating from Better Business Bureau (Not accredited by BBB) with 4.11 stars
- United Gold Direct
FAQs
Let's go over some questions that most people have about investing in gold and other valuable assets.
What Should I Look for When Picking the Right Service for Me?
Before you choose any services, here are a few things you need to consider:
- Pricing
- IRA options
- Delivery and shipping policies
- Customer reviews
- Channels to contact the customer support
- Bulk purchase options
- BBB accreditation
- Average review score
- Authenticity guarantee
Why Should I Invest in a Precious Metal?
Other investment options, such as stock, mutual funds, crypto, etc., are significantly more volatile. Conversely, the prices of valuable metals stay stable over a longer period, which mitigates the impact of inflation.
Investing in assets that can retain their value can protect your wealth and prevent your money from losing its purchasing power.
How Can I Store My Purchases?
It is best to keep your purchases safe in a state-of-the-art storage facility like a bank or another facility. You should review all the options available to make the right choice. Most IRA options offer a storage service with their purchase. Carrying out due diligence is vital before you choose a third-party dealer for your investments to keep them safe.
If you have large quantities of precious metals, it will be better to take the services of a third-party storage facility. For small quantities, you can store them at your home in a safe.
Should I Buy Bars or Coins?
Coins are worth less than bars, so it would depend on the amount you want to invest in the precious metals. Bars can be a better option if you want to invest long-term. On the other hand, coins are easily tradable and easy to handle since they are lighter than bars.
Should I Trust Online Reviews?
When choosing the company for a precious metal IRA, you would encounter contradictory reviews. As a result, knowing which one is right can be confusing. Ideally, you should go through a well-researched review like this one! It will give you a better idea of whether or not you should do business with a company.
Learn About Gold: Helping You Learn How to Invest in Your Future
We hope this Bullion Exchanges review helped you get a sound idea about the company. You can find out about other companies as well with What Is A Gold IRA.
We compile all the information into a review to give you all the information you need about top dealers throughout the country. So, contact us to learn more.
