Orion Metal Exchange vs Lear Capital: Unbiased Comparison

When considering a gold IRA, the choice between Orion Metal Exchange and Lear Capital is not a trivial one. In this article, we will discuss “Orion Metal Exchange vs Lear Capital” by directly comparing the two companies, examining their investment options, fees, customer service, and more to help you determine which might best suit your retirement investment needs. Both companies offer a range of services and products for those looking to invest in precious metals.

Key Takeaways

Overview of Orion Metal Exchange and Lear Capital

Orion Metal Exchange

We’ll start by familiarizing ourselves with our contenders. Orion Metal Exchange and Lear Capital, both reputable gold IRA companies, act as brokers offering IRS-approved precious metals coins and bars for inclusion in gold IRAs, including precious metal IRAs. They also cater to collectors interested in non-IRA precious metals.

Orion Metal Exchange

Orion Metal Exchange sets itself apart by featuring real-time metal prices on its website, providing transparency that investors appreciate. The company guides investors through the process of investing in IRA-approved coins like American Gold Eagles, Canadian Gold Maple Leafs, and South African Krugerrands, as well as gold bars and American Hartford Gold options. Investors might also consider exploring options with Birch Gold Group.

To assist new investors, Orion Metal Exchange offers a free investor starter kit, filled with tips for selecting a gold IRA company and avoiding common mistakes when purchasing gold.

Lear Capital

Conversely, Lear Capital has earned the title of a top pick among the best gold ira companies for the best gold IRA, according to Retirement Living’s evaluation. The company offers:

Gold IRA Offerings Comparison

Orion Metal Exchange

Next, we’ll examine the gold IRA offerings of Orion Metal Exchange and Lear Capital in terms of investment options, fees, and account minimums. Analyzing these factors will help us understand better of what each company brings to the table.

Investment Options

Orion Metal Exchange provides a variety of investment options such as gold IRA offerings, real-time price alert slides, a buyback program, and a selection of IRA-eligible precious metal products. In contrast, Lear Capital offers investment options in gold and silver bullion, gold coins, and precious metals investments, as well as gold IRAs. Through its Lear Advantage IRA, the company offers free gold and silver guides, a price match guarantee, free metal evaluations, and a wide range of gold metal tools and analyzers. These benefits provide added value to customers seeking to invest in precious metals.

Fees and Costs

When it comes to fees and costs, Orion Metal Exchange’s gold IRA accounts come with an annual fee ranging from $150 to $225, in addition to a one-time setup charge of $250 from the IRA custodian.

Conversely, Lear Capital typically charges a one-time payment of $280 for the first year for setup and maintenance, and a $200 annual fee thereafter for some self-directed IRAs.

Account Minimums

In terms of account minimums, Orion Metal Exchange requires a minimum investment of $10,000, while Lear Capital has a relatively lower minimum investment requirement.

Customer Service and Support

Orion Metal Exchange

Quality customer service is a vital aspect when choosing a gold IRA company. We’ll review the customer service provided by Orion Metal Exchange and Lear Capital and see how they fare.

Orion Metal Exchange

Orion Metal Exchange supports its customers by providing a dedicated team and an IRA department to guide them through the process, as well as offering resources, tools, and a free investor’s kit. The company also recommends secure storage options for precious metals, including safety deposit boxes in banks and reliable vault storage services.

Lear Capital

Conversely, Lear Capital excels in customer service, offering the following benefits:

Gold IRA Education and Resources

Orion Metal Exchange

Knowledge is key to making informed investment decisions. Orion Metal Exchange and Lear Capital both offer helpful resources to support investors in their journey.

Orion Metal Exchange

Orion Metal Exchange offers a variety of online resources like data charts, investment articles, and information on IRAs and precious metals. The company also maintains pricing transparency, providing live online product purchase pricing and enabling customers to access pricing information before making any purchase decisions.

Lear Capital

Contrarily, Lear Capital provides several educational resources including information on bullion and premium coins, the benefits and risks of investing in precious metals, and a Learning Center with comprehensive information on precious metals investing. They also offer a range of investment tools including investor eBooks, articles, videos, interactive tools, a coin analyzer software, a portfolio comparison calculator, and a precious metal analyzer.

Storage and Security

Orion Metal Exchange

Secure storage becomes paramount when investing in precious metals. We’ll evaluate the storage and security options provided by Orion Metal Exchange and Lear Capital.

Orion Metal Exchange

Orion Metal Exchange provides the following services:

Lear Capital

Lear Capital provides storage options for gold IRA assets, which involve utilizing a secure depository to guarantee protection against loss and damage. The company partners with the Delaware Depository to securely store assets and provides comprehensive insurance coverage for stored gold IRA assets.

Buyback Policies

A good buyback policy ensures that investors can easily liquidate their holdings when necessary. We’ll inspect the buyback policies of Orion Metal Exchange and Lear Capital.

Orion Metal Exchange

Orion Metal Exchange’s buyback program provides clients with the opportunity to efficiently liquidate their precious metal assets. The company does not charge any additional fees when clients liquidate their precious metals; they receive the market price at the time of liquidation.

Lear Capital

Lear Capital’s buyback program is designed as a no-fee program to facilitate the easy selling back of precious metals for investors. However, the buyback program has some important considerations:

Industry Reputation and Ratings

Many investors consider the reputation of a gold IRA company a determinant. We’ll assess the industry reputation and ratings of Orion Metal Exchange and Lear Capital.

Orion Metal Exchange

Orion Metal Exchange has been recognized as a top IRA Gold Dealer in 2017, 2018, 2019, and 2020 by Retirement Living. Additionally, the company has earned a five-star rating on Trust Pilot. Customers have expressed high satisfaction with the company, commending their professionalism, clear communication, and ease of collaboration. In the same industry, Oxford Gold Group is another well-regarded company.

Lear Capital

Lear Capital has established itself as a prominent player in the precious metals industry since 1997, focusing on the buying and selling of physical gold, silver, platinum, palladium, and other precious metals coins for personal ownership and investment purposes. The company holds a strong reputation in the gold IRA industry, with an excellent rating on Trustpilot based on 1,835 reviews, and an AAA rating from the Business Consumer Alliance. Augusta Precious Metals is another company that has also made a significant impact in the precious metals and gold IRA market, while Silver Gold Bull is yet another reputable option for investors.

Pros and Cons

Like every coin has two sides, so do our contenders. We’ll balance the pros and cons of investing in gold IRAs with Orion Metal Exchange and Lear Capital.

Orion Metal Exchange

Orion Metal Exchange offers a range of precious metal investment products, the convenience of purchasing coins online, options for physical possession and liquidation, and a fee-free buyback policy. However, potential drawbacks include higher fees, limited online ordering for coins, and the inability to view all coin prices on the website.

Lear Capital

Lear Capital provides a wide range of investment options, including Gold IRA rollovers and Precious Metals IRAs backed by physical precious metals. The company also offers various learning materials and a price match guarantee. However, the company’s fees can be higher than some competitors, and storage options may be limited.


In conclusion, both Orion Metal Exchange and Lear Capital are reputable gold IRA companies, each with its own strengths and weaknesses. They both offer a wide range of services and resources to help investors make informed decisions. The choice between the two ultimately depends on the individual investor’s preferences and investment goals.

Frequently Asked Questions

Is Lear Capital a reputable company?

Yes, Lear Capital is a reputable company, with an AAA rating from the Business Consumer Alliance and a 96% aggregate customer satisfaction rating.

What is the number one gold investment company?

The top gold investment company can be found by reading reviews and comparisons of Gold IRA companies.

What is the difference between Rosland Capital and Lear Capital?

The distinct advantage of Lear Capital becomes evident when it comes to catering to investors’ needs, offering benefits such as a branded IRA and a 24-hour risk-free purchase guarantee. Lear has been in the industry since 1997 and previously employed Rosland Capital’s CEO.

What is the best gold IRA?

Goldco is the best gold IRA company overall, with an A+ rating from the Better Business Bureau, AAA rating from Business Consumer Alliance, and a 4.8 Trustpilot rating.

What services do Orion Metal Exchange and Lear Capital provide?

Orion Metal Exchange and Lear Capital both provide brokerage services for IRS-approved precious metals, including gold IRA options and non-IRA precious metals for collectors.