Today we look at Money Metals Exchange for you. What is Money Metals Exchange? Do they have a lot of complaints? Are you better off investing somewhere else? This is some of the main questions this review will answer!
Company: Money Metals Exchange
Owner: Stefan Gleason (President), Clint Siegner (Director) and Mike Gleason (Director)
Price: Depends on your investment
Who is it for: Precious metals investors
Overal rating: (4 / 5)
Important to mention before we go into more details of this review:
We always strongly recommend doing your own research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden-fees” so please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on Money Metals Exchange!
What is Money Metals Exchange?
Money Metals Exchange is a bullion merchant that has been doing business since 2010. It offers clients a wide exhibit of valuable metals to browse including gold, silver, platinum, palladium, and rhodium. Also, the organization offers concentrated jewels multiple times more valuable than gold.
They have expected to give the most focused costs, which has situated themselves as one of the leading bullion merchants in the business. Be that as it may, is it worth purchasing items from this organization? What would you be able to expect about the nature of items and client benefits they offer? Here are the answers to all your questions.
Some history and info
In 2010, Stefan Gleason established Money Metals Exchange with the reason for setting up a reliable bullion merchant that highlights focused rates for its determination of items. It takes into account and experienced financial specialists, and additionally the individuals who intend to put resources into extensive sums.
For example, the organization offers a “financial specialists starter unit” that is packaged together, which incorporates 1.1 ounces of gold and 120 ounces of silver crucial coins in only a solitary buy.
Notwithstanding the starter pack from Money Metals, they additionally highlight a month to month investment funds plan that professes to give you a $100 reserve funds for every month – or more. This choice enables you to pick your favored bullion item from the organization. At that point, you may either have Money Metals send the things to you a month to month or select to store the bullion with them in their storages.
How does it work?
They have a valuable metals site with diagrams, assets, infographics, a gold and silver bullion instruction focus and a quite famous digital recording called “The Money Metals Weekly Market Wrap”. All quality data and I think its generally a decent sign when you locate a gold and silver merchant who needs to instruct their customers.
They’ve even got a cool little contraption that will send you alarms when whatever metal you wish to watch gets to a predefined value level.
One thing that I like is their “Starter Portfolios”. These preselected small scale portfolios are equipped towards fledglings who need their first request of valuable metals speedy and simple. There’s the silver starter, the gold/silver starter and the bigger and increasingly costly gold/silver venture portfolio.
They incorporate probably the most famous types of silver bullion which makes them extremely fluid and simple to move back and in addition some little pieces that can without much of a stretch be utilized for a bargain and exchange the occasion of a cash emergency. So four ounces of silver aggregate for scarcely over spot cost and they included free transporting and even delivered out your metals around the same time you request them.
Products and services offered
They have different types of products available like coins and bars in a variety of metals like silver, gold, platinum, palladium, copper, rhodium and much more.
Yes, they have self-directed IRA services available. Not directly through their company but you can do it with any of their partner custodians.
Below are some examples of firms with which they have worked in the past:
- Millennium Trust
- Ramsey National Bank
- GoldStar Trust Company
Always make sure to know exactly what fees you are gonna have to pay before you sign any deal with ANY IRA custodian as this is where so-called hidden fees usually take place.
You do not want any surprises here and 100% transparency is what you want to look for.
Can you get the metals delivered home?
Yes, the metals will be delivered at your home in the safest possible way.
No, this company ships within the U.S. only.
Can you store with the company?
You can easily store your assets with the company. They have reliable security available that will make it easier for you to store your investments in the best way.
Can you sell back to the company?
You can easily sell the metals that you have brought to the company. You will be able to sell the metals at the market rate that will make it easier for you to generate the profit that you need. However, be careful while checking the market rates.
Do they have good support?
Something I always put a lot of weight on when it comes to the support system of a particular company is if they got a live-chat function on their website or not. Does Money Metals Exchange have this? Yes, they do and that is a plus (at least in my book). They also got e-mail and phone support.
Other reviews and ratings
Something that is always wise (and highly recommended) to do before you make any kind of decisions is to look at what the most well-known and trusted review and rating sites have to say about the particular company you are interested in.
As always in our review we provide you with their results (with clickable links) to make this task easier for you:
Rating: A+ (4 complaints in the last 3 years) click here for details (opens in new window)
The conclusion from this:
Well, as you clearly can see above there is not much info to be found from the most well-known and trusted review and rating sites online and I find that a bit strange. Sure, they got an A+ rating from the BBB and that is, of course, a good thing. They only got 4 complaints in the last 3 years on the BBB site but why is there no info on the other sites I wonder?
==> Click here to read about a company that got 0 complaints (over 100s of reviews from its clients)
The pros and cons
Another thing that is always wise to do when you are looking at a particular company is to compare its positive sides against its negative ones to get a better overall view. As always in our reviews we point out some obvious ones on both sides of the spectrum for you:
- They accept Bitcoin as a payment form
- They are A+ rated by the BBB
- Much info and educational material on their website
- Saving plans
- Only 8 years in business
- Not much to be found online in the form of reviews and ratings from their clients
Do You Own or Represent Money Metals Exchange?
If you are a representative, or associate of Money Metals Exchange and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.
Final words and verdict
Overall rating: (4 / 5)
Money Metals Exchange has gotten a decent amount of positive reviews from customers throughout the years, that is also why I give a pretty high rating, this is a legit company.
With various installments choices including Bitcoin, we can say that this organization is for sure truly among the leading ones in the business. In case you’re hoping to protect your benefits from monetary unrest and the cheapening of the dollar, look at Money Metals Exchange as a dependable asset for gold and silver bullion.
You made a wise decision to read this review and you are a smart person. I am absolutely sure that you will find the right gold dealer that suits your particular needs and preferences. Just make sure to compare them against each other for the best possible deal!
I hope you found this short review on Money Metals Exchange to be helpful and now you should have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services than share your experience with us in the comment section below as it can help others. Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
Founder of: Gold Retired