gold ira dealer review Advantage

March 25

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Advantage Gold Review: Company Ratings, Reviews, Fees, and More

Ilir Salihi

Disclaimer: Many or all of the products featured here are from our partners. Read our advertising disclosure for more information.

Advantage Gold is a precious metals dealer operating out of Los Angeles, California. The company specializes in Gold IRAs, but also offers direct delivery of metals to your home.

How does Advantage Gold stack up against the competition? We've ranked and rated the top gold IRA companies here.

Advantage Gold is not necessarily a bad company, but they are not our first choice out of the many companies offering similar services. 

Compare our list of top gold dealers here or just visit our #1 rated company for 2024 by visiting their website directly.

In this Advantage Gold Review, we’ll take a look at the company history, reputation, pricing, IRA fees, and more. Let's get started!

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Company History

Advantage Gold was founded by Kirill Zagalsky and Adam Baratta. Zagalsky and Baratta both served as senior account executives for a national United States Mint listed dealer before teaming up to launch Advantage Gold in May of 2014.

From Forbes to the INC magazine, the company is regularly featured in financial media outlets covering the topic of precious metals and Gold IRAs. Co-founder Adam Baratta is also the author of the USA Today best selling investing book “Gold is a Better Way" and "The Great Devaluation."

Online Reviews and Reputation

In eight years of business, Advantage Gold has built a strong reputation as a reputable Gold IRA dealer. The company has :

  • A+ Rating with the Better Business Bureau (1 complaint closed in last 3 years / 1 complaint in the last 12 months) 
  • 4.6/5 Star Rating with the BBB (based on 20 verified customer reviews)
  • 5 Star Rating on Trustlink based on 464 customer reviews
  • Earned the “Best of Trustlink” award every year from 2016-2020
  • 4.9 Star Rating on TrustPilot based on 1,231 customer reviews
  • AAA Rating with the Business Consumer Alliance with zero complaints filed in the last three years of business
  • Made the INC 5000 list in 2019
  • Member of the Industry Council for Tangible Assets (ICTA) watchdog group

Based on our research and sorting through verified independent Advantage Gold reviews, we have decided to add the gold company to our list of recommended gold IRA dealers for 2022.

industry watchdog reviews rating complaints

What Else Do We Like About Advantage Gold?

The company is able to work with the gold IRA custodian or storage facility of your choice. If you do not have a preference, they recommend either Strata Trust Company or Equity Trust.

As you research different gold IRA companies, you'll see that most of the trusted gold IRA custodians recommend and work with the same firms. In my opinion, Equity Trust is one of the best options as they provide excellent custodial services for the lowest annual fee.

Advantage Gold offer IRA storage via either the Delaware Depository or Brinks Global Services, USA. These companies offer trusted, high security, and carefully monitored storage facilities.

The gold company has a very simple buy-back policy. You can sell back any of the metals you’ve purchased through them at any time. For some gold IRA eligible coins, Advantage Gold will even pay a higher value than spot-price at the time of liquidation.

Related: Best Gold IRA Companies (Ranked and Rated)

Advantage Gold Review: An insider look at the U.S. based #GoldIRA firm

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Goldco 2024 guide, book, phone, tablet

Free Guide Reveals Strategies to Buy Physical Gold & Silver with Your IRA or 401(k)...

Goldco awards recognition


What We Do Not Like About Advantage Gold

Our main criticism of the company is that Advantage Gold hasn't been in business as long as some of the other companies that we recommend on our site. Some of Advantage Gold's competitors have more than a decade in business. 2022 marks the firm's eighth year anniversary since launching Advantage Gold.

It is important to note however, that the two co-founders have been in the precious metals IRA industry for several years before launching their own firm.

Another complaint is that the company also does not offer the option to buy gold for home delivery directly on their website. You have to call or contact the company and speak with a representative for any cash purchases.

It would be nice to see online shopping as an option, but in all fairness – it’s rare to find a Gold IRA specialist that offers an online shopping cart option.

Related: Diversify Your Savings with Physical Gold (Free Guide)

Advantage Gold: IRA Costs and Fees

We like that the company is transparent with all of their pricing. We do our best to keep the information on this review up-to-date, but always confirm all fees with an Advantage Gold account representative to confirm before investing:

  • Setup fees: $50.00 account set up
  • Annual custodial / administrative fees with Equity Trust: $80.00
  • Annual storage fees with Brinks or Delaware Depository:  $125

Company Services

Advantage Gold is similar to some of their competitors in that their business is almost exclusively in precious metal IRAs. Advantage Gold customers typically turn to a company like Advantage to rollover or transfer 401(k) funds into physical gold and silver.

This is their bread and butter, and they firm has established a fully streamlined approach making the gold IRA rollover process fast and simple.

The company does provide fully insured delivery of gold, silver, platinum, or palladium bars and coins to customers across the United States for cash purchases.

Account Minimums 

Advantage Gold's minimum purchase for direct purchases of precious metals is $10,000. 

With a gold IRA rollover, accounts are typically $50,000+, but Advantage Gold can facilitate your new gold IRA with accounts as little as $25,000. 

Gold IRA Eligible Bars and Coins 

Advantage Gold is a U.S. Mint authorized dealer. If there's a gold IRA eligible coin or bar that you want for your precious metals IRA, Advantage Gold can source it.

Know that not all bars and coins are acceptable for IRAs. Purchase of numismatics or collector coins that don't meet IRS requirements could risk disqualifying your IRA. 

Your Advantage Gold team can ensure your purchases are allowed for inclusion in your retirement. Ask Advantage Gold about their bullion bars and coins. Some of the more popular coins you can buy through Advantage Gold are:

  • American Gold Eagle Bullion Coins
  • American Gold Eagle Proof Coins
  • American Buffalo Gold Coins
  • American Buffalo Gold Proof Coins
  • Austrian Gold Philharmonic Coins
  • Canadian Gold Maple Leaf Coins
  • Moose Gold Bullion Coins
  • American Silver Eagle Bullion Coins
  • American Eagle Proof Bullion Coins
  • Canadian Wild Horse Silver Bullion Coins
  • Canadian Silver Maple Leaf Coins
  • Mexican Libertad Silver Coins
  • American Eagle Platinum Bullion Coins
  • American Eagle Platinum Proof Coins

Related: Request your Gold IRA Guide Today

This is not an exclusive list, but just an example of what you can expect from Advantage Gold. Some gold IRA companies only work with gold and silver coins. 

While gold and silver are the most popular precious metal investments, you can also purchase platinum and palladium products with ease when working with Advantage Gold.

If you're a collector interested in numismatics, rare coins, or collector coins for direct purchase, Advantage Gold can also help. Just know again that many of these types of coins are not eligible for IRAs.

This company's primary focus is precious metal IRAs and their coin selection is mostly geared to this customer.

Advantage Gold Review: Summary

The Advantage Gold IRA team has quickly positioned themselves as one of the top precious metal IRA firms in the United States. The company’s focus is on giving excellent customer service. They have a knowledgeable staff, offer transparent pricing, they work with an excellent custodian, and offer some of the best non-bank storage options in the U.S.

The Gold dealer has been in business for eight years now and seem to know what they’re doing. We’ve added them to our list of recommended gold firms with little hesitation.

Click here to request a gold investor kit and an account executive with the company will reach out to you as soon as possible to confirm your address and send out more information. 

Along with their educational guide, Advantage Gold can also send free copies of Adam Baratta's two best selling books for your review. 

Note: We recommend that you always request information from at least two or three gold companies before investing any of your hard earned money. Review information and compare all fees and costs with their competitors before choosing on a gold IRA firm.

In our Advantage Gold review, we believe this company excels with first time-buyers or anyone that wants an efficient and stress-free experience. You're in good hands with Advantage Gold.

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About the Author

Ilir Salihi is the founder and senior editor at IncomeInsider.org. He oversees all content for IncomeInsider and its partner sites. His articles and insights have been featured on Barchart, Benzinga, and Investing.com, among other prominent media channels.

Ilir Salihi


Tags

gold, Gold IRA, retirement


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