We have reviewed and researched some of the largest online brokerages in the U.S. to rank the best ones on the market today.
For our rankings, we sent a digital survey, consisting of more than 20 queries, to each company that we reviewed. Our researchers verified the survey data and confirmed any missing data points by contacting each company directly and via online research.
Among the brokerages considered, the seven that made our list excelled in areas across the nine major categories (with weightings): BBB grades of a B or higher (30%), account requirements (10%), transparency (5%), price (15%), customer service (10%), features (15%), gold selection (10%), silver selection (2.5%) and platinum selection (2.5%). For cases where no pricing info was available, those companies received a score of 0 for that category.
- Within each major category, we considered several subcategories, combining them to give an overall score for that category, which we then weighted to calculate an overall ranking of the companies.
- Data points were scored on a 0.00 – 1.00 scale. The top raw score was 0.9, curved to a 5-star rating as the highest possible score.
Why other gold IRA companies didn’t make the cut
We chose these top gold IRA companies based on their industry expertise, account and purchase minimums, fees, and customer service. Other companies that didn’t make the list fell short in one or more of these areas. For instance, we only considered companies with at least a BBB rating of B.
We also called every company to speak with a customer service representative. Some were unable to answer our questions or were more interested in pushing consultations than assisting.