Goldco vs Orion Metal Exchange: Comparing Two Providers

When it comes to investing in a Gold IRA, choosing the right company is crucial for your financial future. ‘Goldco vs Orion Metal Exchange’ – as an investor, you’re faced with the decision of where to entrust your assets. Both Goldco and Orion Metal Exchange are reputable companies in the world of precious metals, but which one aligns best with your investment goals? This article provides a direct comparison of their services, fees, and customer experiences to help you discern the ideal choice for your retirement planning needs.

Key Takeaways

Goldco and Orion Metal Exchange Overview


With an array of services ranging from opening and managing gold IRAs to aiding in gold investment procurement and storage, Goldco and Orion Metal Exchange have made their mark in the precious metals industry. Their sterling reputation, transparency, and dedication to delivering high-quality online education and resources set them apart from other gold IRA companies. Both companies cater to experienced investors with a background in purchasing and trading precious metals, providing them the opportunity for a more active role in expanding retirement funds through non-traditional assets.

These companies offer a unique approach to investing in precious metals, allowing investors to own physical gold, silver, platinum, and palladium in their retirement accounts. This is a contrast to most gold IRA companies, which primarily deal in gold ETFs or gold mining company stocks. They also offer gold IRA rollover services, facilitating the transfer of funds from existing retirement accounts into a gold IRA without incurring tax liabilities or penalties.

Key Features of Goldco


Goldco distinguishes itself as a gold IRA rollover specialist, aiming to help clients diversify their retirement savings with gold, silver, and other precious metals. Recognized for its exceptional customer service, Goldco provides guidance to investors on the advantages of diversifying their retirement portfolios with precious metals, including gold bars.

Goldco stands out as one of the best gold ira companies due to its straightforward rollover procedure and wide variety of precious metals.

Customer Support Excellence

Exceptional customer service is a hallmark of Goldco, much like other respected companies such as Patriot Gold Group. Goldco offers personalized guidance for investors to ensure a smooth investment experience, akin to the services provided by other reputable companies like Oxford Gold Group.

Goldco’s commitment to delivering timely and valuable assistance is evident in the favorable reviews highlighting their customer support. The representatives are prompt and helpful in their responses during live chat interactions, demonstrating their dedication to customer service excellence. This robust customer support service has made Goldco a highly recommended option for investors who prioritize customer assistance.

Seamless Gold IRA Rollover

A Gold IRA rollover involves the transfer of funds from an existing retirement account into a Gold IRA without incurring tax liabilities or penalties. This process can be daunting for most investors, but not for those who choose Goldco. Goldco streamlines this procedure by facilitating rollovers from a range of retirement accounts, such as:

Beyond making the rollover process easier, Goldco also guarantees a smooth, hassle-free experience for their clients. The recommended approach for a gold IRA rollover is to conduct an institution-to-institution transfer, which Goldco’s experienced team handles with expertise. Their commitment to simplifying the gold IRA rollover process has cemented their position as a leading gold IRA company.

Diverse Precious Metals Portfolio

Goldco provides a wide range of precious metals for customers to choose from, including:

Their selection includes various options for investors looking to diversify their portfolios. Their portfolio diversity allows investors to tailor their investments based on their risk tolerance and investment goals.

An example of a specific gold product offered by Goldco is the 2023 gold American Bald Eagle coin, which is minted by The Perth Mint from 1/4 oz. of 99.99% pure gold and issued as legal tender. They also offer silver coins or bars as part of their silver IRA options. In comparison, Augusta Precious Metals provides a variety of precious metal investment options for those looking to diversify their portfolio.

For individuals seeking to include platinum and palladium in their investment portfolio, Goldco provides a range of these products as well.

Key Features of Orion Metal Exchange


Orion Metal Exchange distinguishes itself with its no-fee setup and maintenance, low minimum investment requirement, and wide array of precious metals. They offer a fee-free setup and maintenance for their Gold IRA accounts, making them an attractive option for investors.

With a minimum investment requirement of $5,000, Orion Metal Exchange enhances the accessibility of precious metals investment to a broader spectrum of investors. They also offer a wide range of precious metals, providing investors with a diverse selection of investment opportunities.

No-Fee Setup and Maintenance

Orion Metal Exchange sets itself apart from other gold IRA companies with its no-fee setup and maintenance. Unlike most gold IRA companies that impose an account setup fee, Orion Metal Exchange does not charge any fees for account setup or transferring an existing one, making it a cost-effective option for investors.

It’s worth noting, however, that while Orion Metal Exchange offers a no-fee setup and maintenance service, they do levy a $175 annual fee for storage and insurance. Despite this, their fee structure remains one of the most attractive in the industry, making them an excellent choice for investors looking to minimize costs.

Accessible Minimum Investment Threshold

The high minimum investment requirement of gold IRAs can discourage potential investors. However, this is not an issue with Orion Metal Exchange.

Orion Metal Exchange has a minimum investment requirement of just $5,000, making it accessible to a broader spectrum of investors. This low threshold allows even those with modest budgets to diversify their investment portfolios with precious metals, a key advantage that sets Orion Metal Exchange apart from other gold IRA companies.

Broad Selection of Precious Metals

When it comes to investment options, Orion Metal Exchange offers a diverse range of precious metals, including:

This breadth of options enables investors to diversify their portfolios, reducing risk and potentially enhancing returns.

In addition to these precious metals, Orion Metal Exchange also offers rare and collectible coins tailored for both investors and collectors. They acquire their precious metals from a diverse range of suppliers, enabling them to offer a broad selection of products at competitive prices to their clients. This varied selection of precious metals makes Orion Metal Exchange a one-stop-shop for investors seeking to diversify their portfolios with precious metals.

Comparing Storage Options


When it comes to storing precious metals, both Goldco and Orion Metal Exchange provide secure storage options. For a gold IRA, the IRS requires that any gold acquired must be kept in a reputable storage facility approved by the IRS. Storing gold purchased for a gold IRA at home in a safe or bank deposit box is not an IRS-approved method and could lead to the removal of metals from your IRA and potentially result in a withdrawal tax penalty.

Orion Metal Exchange suggests storing your precious metals at a local Brinks or Delaware Depository location for secure protection. This ensures the safety and security of your valuable assets. They advise against home storage due to non-compliance with IRS regulations.

Approved depositories for storing gold, silver, platinum, and palladium include:

These depositories have met the IRS requirements for safe storage of precious metals.

By offering secure storage options, both Goldco and Orion Metal Exchange ensure the safety of their clients’ investments.

Investment Performance Tracking

Tracking investment performance is critical for any investor. Both Goldco and Orion Metal Exchange understand this and offer investment performance tracking tools and resources for their clients.

Goldco provides a gold IRA for investing in physical gold coins or bars, along with self-directed IRA options for investing in precious metals. Their performance tracking tools offer real-time account updates, comprehensive transaction history, and customized recommendations tailored to the investor’s data.

Unfortunately, specific information regarding investment performance tracking tools from Orion Metal Exchange’s provided resources is currently unavailable. Nevertheless, the tools offered by these companies give investors peace of mind and help them make informed investment decisions.

Educational Resources and Investor Guidance


Educational resources and investor guidance are crucial for Gold IRA investors. They:

Both Goldco and Orion Metal Exchange provide continuous access to account executives who provide education to customers on Precious Metals IRAs and the process of diversifying their portfolio.

Goldco’s Learning Center

The Goldco Learning Center is a treasure trove of information for potential investors. The center features a wide range of articles and educational resources covering topics such as IRAs and precious metals.

In addition to their comprehensive blog and eBooks, Birch Gold Group also offers educational videos, providing thorough information on gold IRAs and precious metals investing. Their interactive learning tools serve to enhance the learning experience for investors, making it easier for them to make informed decisions.

Orion Metal Exchange’s Investor Education

Orion Metal Exchange also provides a range of online educational resources for clients interested in expanding their knowledge of investing in precious metals. Their resources include informative guides that assist investors in choosing a precious metal exchange company and provide advice on investing in gold and silver IRAs.

In addition to their informative guides, Orion Metal Exchange also offers market insights through an interactive platform. Their investor education materials cover a variety of topics, such as data charts, gold IRA offerings, and the fundamentals of investing in precious metals. These resources provide valuable insights, helping clients make strategic investment decisions.

Fees and Pricing Structures

Understanding the fee structures of gold IRA companies is a crucial factor to consider. Fees can significantly impact your investment returns, so it’s crucial to choose a company that offers transparent and competitive pricing.

Goldco’s fee structure for their Gold IRA service includes a $50 setup fee, $80 for annual maintenance, and an annual storage fee ranging from $150 to $200, which also covers insurance. On the other hand, Orion Metal Exchange provides a fee-free setup and maintenance for their Gold IRA accounts and charges no fees for transfers. However, they do levy a $175 annual fee for storage and insurance.

Understanding these fee structures can help investors choose the right gold IRA company and make the most of their investments.

Client Testimonials and Industry Ratings

The reputation and reliability of a company can be effectively assessed through client testimonials and industry ratings. Both Goldco and Orion Metal Exchange have positive client testimonials and high industry ratings, reflecting their commitment to customer satisfaction.

Investors appreciate Goldco’s personalized guidance, seamless rollover process, and diverse precious metals portfolio. Orion Metal Exchange is lauded for its no-fee setup and maintenance, accessible minimum investment threshold, and broad selection of precious metals.

The high ratings and positive testimonials are a testament to the quality of service provided by these companies.

Company History and Track Record

In the realm of precious metals, a company’s history and track record serve as indicators of its reliability and credibility. Goldco was established in 2006 by Trevor Gerszt, and Orion Metal Exchange was founded in 2017 by Jacob Blalock. Despite their differing histories, both companies have established solid track records in the gold IRA industry.

Goldco’s original business model involved a $50 initial setup fee and an annual storage fee for gold and silver. Since its inception, Goldco has grown into a leading gold IRA company, recognized for its exceptional customer service and comprehensive precious metals portfolio. Orion Metal Exchange, on the other hand, has rapidly gained a reputation for its no-fee setup and maintenance, making them an attractive option for investors. These companies’ established histories and track records are a testament to their commitment to providing quality service and reliable investment options.

IRA Eligible Precious Metals Offered

A gold IRA isn’t limited to gold. It can also include other precious metals such as silver, platinum, and palladium. Both Goldco and Orion Metal Exchange offer a wide range of these precious metals for investment.

Goldco and Orion Metal Exchange both provide IRA-eligible physical precious metals, including:

The IRS mandates that these metals must meet specific criteria related to their condition, weight, and authenticity. By offering a diverse range of IRA-eligible precious metals, both companies allow investors to diversify their portfolios and potentially enhance their returns with a precious metals ira.

Account Setup and Management

While the setup and management of a gold IRA account might appear daunting, Goldco and Orion Metal Exchange simplify the process. The process for establishing an account with Goldco involves educating oneself about a Gold IRA, selecting a reputable Gold IRA partner, funding the Gold IRA, choosing desired precious metals, and making the purchase. For Orion Metal Exchange, initiating a Gold IRA with them will prompt assistance with account setup, fund transfers, and precious metal transactions.

After an account is set up, Goldco’s experienced custodians oversee it while account holders have the ability to manage their accounts independently. Orion Metal Exchange also offers easy account management, allowing clients to focus on their investment strategies rather than the technicalities of account management. These streamlined processes make account setup and management less of a hassle for investors.

Buyback Programs and Liquidity Options

Reliable buyback programs and liquidity options are critical when selling precious metals investments. Both Goldco and Orion Metal Exchange offer these services, providing a convenient and streamlined process for selling back precious metals. Goldco prioritizes offering the most competitive buyback prices, ensuring clients receive the highest price for their metals.

On the other hand, Orion Metal Exchange provides a fee-free buyback program for the precious metals they have sold to customers, serving as a convenient liquidity option. These buyback programs and liquidity options give investors peace of mind, knowing they can easily convert their precious metals investments into cash when needed.

Ethical Practices and Industry Compliance

Compliance with ethical practices and industry standards is of utmost importance in the precious metals industry. Both Goldco and Orion Metal Exchange adhere to these standards, ensuring a secure and trustworthy investment experience. Goldco ensures that the gold held in their precious metals IRA’s meets the minimum fineness of .995 and adheres to the same laws and regulations as conventional IRAs. Orion Metal Exchange complies with BBB accreditation standards and the Internal Revenue Code Sections 408(m)(3)(B) and (n), and they recommend IRS-approved storage facilities.

Additionally, Orion Metal Exchange upholds ethical practices by:

These practices reflect both companies’ commitment to ethical practices and industry compliance.

Precious Metals Market Insights

A comprehensive understanding of the market is necessary when investing in precious metals. Both Goldco and Orion Metal Exchange provide insights into the precious metals market, helping clients stay informed and make strategic investment decisions.

Goldco offers market insights on precious metals investing, market trends, and financial planning through their blog and eBooks. Orion Metal Exchange provides market insights through an interactive platform to keep users updated on precious metal market prices. These insights are valuable resources for investors, helping them stay informed about the market and make strategic investment decisions.


To conclude, both Goldco and Orion Metal Exchange offer unique features and benefits that make them top contenders in the gold IRA industry. From exceptional customer support and diverse precious metals portfolios to no-fee setup and maintenance and accessible minimum investment thresholds, these companies provide a range of services to meet the diverse needs of investors. Their commitment to ethical practices, industry compliance, and customer satisfaction is evident in their positive client testimonials and high industry ratings. Whether you’re a seasoned investor or a novice, Goldco and Orion Metal Exchange offer the resources, expertise, and services to help you diversify your retirement portfolio with precious metals.

Frequently Asked Questions

Is Goldco a reputable company?

Yes, Goldco is a reputable company with positive reviews for customer service, education on investments, and a diverse range of options, but it’s important to be aware of potential drawbacks such as volatility and fees.

Who is the best company to buy gold coins from?

The best company to buy gold coins from is JM Bullion, American Precious Metals Exchange (APMEX), and American Hartford Gold, as they are trustworthy and well-known in the industry.

What is the most trusted place to buy gold and silver?

APMEX (American Precious Metals Exchange) is widely regarded as one of the most trusted places to buy gold and silver due to its solid track record and strong customer service.

What is the number one gold investment company?

The top gold investment company is determined through reviews and comparisons.

What are the key features of Goldco and Orion Metal Exchange?

Both Goldco and Orion Metal Exchange offer exceptional customer support, diverse precious metals portfolio, and accessible minimum investment threshold. While Goldco is known for its seamless gold IRA rollover process, Orion Metal Exchange stands out for its no-fee setup and maintenance.