Advantage Gold Review (2024) – Legit or Scam?

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Advantage Gold is a Gold IRA specialization service. They make it easy to use your self-directed IRA to invest in gold and other precious metals. Founded by two experts who worked at the United States Mint and focused on creating a transparent, educational, and customer service-centered business, Advantage Gold has been a massive success. 

Pros:

  • Great pricing with low fees and competitive custodian and vault storage facility rates. They are perfect for new Gold IRA investors because of this.
  • Excellent support from a knowledgeable, kind, responsive, and transparent team.
  • High safety, security, and insurance for precious metals.
  • Some of the best selections of coins, bullions, and bars. Even if you ask them to look for a piece they do not have listed, they can usually find it for you at a competitive rate.
  • Their clients love the company, and they have left glowing reviews of Advantage Gold all over the internet.
  • TrustLink rated them as the #1 Trusted Gold IRA company for five years straight.
  • The Better Business Bureau has given them an A+ Rating.
  • They list their gold and silver prices at the top of the screen.
  • Advantage Gold has clarified that transparency and client education is important to them. They have a massive resource library that is free to the general public.

Cons:

  • You must deposit at least $10,000 to create your account. While this is lower than many of their competitors, a few others offer lower and more accessible starting amounts for investors.
  • That's it. I'm already out of cons. It is nearly impossible to find a review under four stars. The few reviews that fall under this are usually due to frustrated investors who suffered a loss during downturns. Their frustration was not with Advantage Gold but with the economy as a whole.

Advantage Gold Rating

The company has been given thousands of five-star reviews across many third-party, unbiased review websites. It has an excellent selection of gold, reasonable prices, a more than fair buyback program, and responsive, helpful customer service.

Overall Rating: 
4/5 stars

Products Offered

Customer Support

Fees

Advantage Gold

A+ BBB Customer Rating

5/5 Consumer Affairs Rating

AAA Business Consumer Alliance Rating

5/5 Trust Link Rating

What Is Advantage Gold?

Advantage Gold is a company that specializes in Gold IRAs, specifically in precious metal IRA rollovers. They make it easy to convert your IRA or eligible 401K into gold or other precious metal investments.

Advantage Gold helps investors set up and rollover IRA accounts. They also educate users, pledge to help their clients for the lifetime of their accounts, and buy back gold if you ever want to liquidate your precious metals.

Advantage Gold can also contact and initiate your process or rollover on your behalf, making investing easy, stress-free, and nearly effortless.

Who Owns Advantage Gold?

Advantage Gold, headquartered in Los Angeles, was co-founded by Kirill Zagalsky and Adam Baratta. These two own the company. Both individuals have extensive experience with asset management, precious metals, and Gold IRAs.

They were both United States Mint dealers and have worked closely in one on one settings with clients. They are uniquely qualified and highly capable investors, managers, businessmen, and Gold IRA experts.

Adam also has two best-selling books, "The Great Devaluation" and "Gold is a Better Way."

Kirill and Adam built their company on the idea that excellent customer service and transparent, comprehensive customer education are the most crucial components of a successful, and ethical business.

Why Invest in Precious Metals From Advantage Gold?

Advantage Gold is the number one rated gold company in America, and for a good reason. It has been rated A+ on the Better Business Bureau (BBB) since 2014, and TrustLink has rated it as 10/10 based on over 350 reviews. Trustpilot says that Advantage Gold is a 9.9 out of 10 stars, based on 680 reviews.

Beyond great reviews, Advantage Gold offers several unique and exceptionally helpful services. For instance, Advantage Gold offers 100% buybacks for market value or higher, depending on how many you liquidate. 

If you ever want to sell your gold or other precious metals, they buy them from you on the spot, with no hassle and no questions asked. It is easy, and the whole process usually takes less than 24 hours.

This company has also forged some highly beneficial relationships. They have connections with the very best vault storage facilities and custodians, meaning that they can offer ridiculously competitive rates for these services.

Advantage Gold can find almost any coin you have in mind and buy it on your behalf at a competitive rate.

Their educational resources are sophisticated and in-depth, yet comprehensive yet easy to understand. You can tell that they care about their clients and want to make investing transparent, easy to understand, and accessible to all.

How Does Advantage Gold IRA Work?

Advantage Gold is a user-friendly company that makes it easy to invest with Gold in your IRA account.

Simply fill out this self-directed IRA application, read and sign a client and shipping agreement, and then send a copy of your latest financial statement from your retirement account. Then, submit the precious metals investment direction and disclosure form. From there, a knowledgeable specialist will review your materials. Then a representative will help set your account up for you.

Advantage Gold makes most of the process hands-off and low-effort on your behalf, making the process smooth and efficient.

If you ever decide to liquidate your account, you can sell your precious metals back to Advantage Gold or have them given directly and physically back to you.

Advantage Gold

Summary

Products Offered

Premium Gold, Silver, Platinum, & Palladium for IRA

Precious Metal Storage

Brink's Global Services USA, INC in Los Angeles, Salt Lake City, or Delaware Depository in Wilmington, Delaware.

Minimum Purchase

$10,000

Fee Structure

One Time Fee - $50

Annual Storage - $50-100

Annual Account Fee $95-250

No Fee When Investing >$50,000

Shipping

Free when investing >$25,000. 2-3 Day Delivery Time

Insurance

Fully Insured Shipments

Products and Services

Advantage Gold offers:

  • Gold
  • Silver
  • Platinum
  • Palladium
Advantage Gold Prices

Gold Bullion (99.9% Purity)

– Canadian Gold Maple Leaf Coins
– Canadian Moose Gold Bullion Coins
– Canadian Great Horned Owl Gold Bullion Coins
– Canadian Woodland Caribou Gold Bullion Coins
– Canadian Wild Horse Gold Bullion Coins
– Canadian Wolverine Gold Bullion Coins
– Canadian Bighorn Sheep Gold Bullion Coins
– Canadian $10 Gold Polar Bear and Cub Gold Bullion Coins
– American Gold Eagle Gold Bullion Coins
– American Gold Eagle Proof Gold Coins
– American Buffalo Gold Coins
– American Buffalo Proof Gold Coins
– Austrian Gold Philharmonic Gold Coins

Advantage Gold Fees

Silver Bullion (99.9% Purity)

– Canadian Moose Silver Bullion Coins
– Canadian Great Horned Owl Silver Bullion Coins
– Canadian Woodland Caribou Silver Bullion Coins
– Canadian Wild Horse Silver Bullion Coins
– Canadian Wolverine Silver Bullion Coins
– Canadian Bighorn Sheep Silver Bullion Coins
– Canadian Silver Maple Leaf Coins
– 2015 Canadian Silver $8 Polar Bear and Cub (1.5 ounces)
– American Silver Eagle Silver Proof Coins
– Austrian Silver Philharmonic Silver Coins
– Mexican Libertad Silver Coins
– American Silver Eagle Silver Bullion Coins

Advantage Gold IRA

Platinum

– Leopard Seal Platinum Coins

– Humpback Whale Platinum Coins
– Emperor Penguin Platinum Coins
– American Platinum Eagle Platinum Coins
– American Platinum Eagle Proof Platinum Coins
– Canadian Platinum Maple Leaf Platinum Coins

Who Owns Advantage Gold

Palladium

– Canadian Palladium Maple Leaf Coins

Precious Metal Storage

You must store all precious metals invested via an IRA with a third party that the IRS approves. Advantage Gold uses Brink's Global Services USA, INC in Los Angeles, Salt Lake City, or Delaware Depository in Wilmington, Delaware.

Advantage Gold uses STRATA Trust Company and Equity Trust Company as their recommended IRA custodian choice. However, you are allowed to choose your custodian if you wish.

Minimum Purchase

Advantage Gold has a minimum purchase of $10,000 as of May 2022.

Fees

Advantage Gold has the following fees:

  • Account set up fee- $50, one time, per account
  • Annual storage fee- $50 to $100, once per year
  • Annual account fee- $95 to $250, once per year

If you invest $50,000 or more, there are no fees.

They do not charge a buyback fee, and you are guaranteed to be paid at least market value or greater.

Shipping and Insurance

If you fund your account with more than $25,000 for your first delivery, shipping is free, fully insured, and will arrive in two or three business days.

Get Your Free "New Case for Gold" book

Advantage Gold Reviews & Complaints

There were no complaints about Advantage Gold on Consumer Affairs. Their lowest review, out of hundreds, is still four stars.

Advantage Gold Reviews
Advantage Gold Complaints

How to Open a Gold IRA With Advantage Gold

Step 1

To open a Gold IRA, visit this page, fill out four simple forms (Self-Directed IRA Form, Client and Shipping Agreement, Official Copy of Financial Statement, and Precious Metals Investment Direction and Disclosures).

Step 2

Wait for your paperwork to be reviewed. Someone will contact you shortly and then begin the process for you.

Step 3

After you complete these four forms, nearly all of the work of setting up your account will be completed for you, making the process efficient, hands-off, and stress-free.

Advantage Gold Alternatives

Frequently Asked Questions About Advantage Gold

Is Advantage Gold Legit?

Yes, Advantage Gold is legitimate. It has been in business since 2014, is a Fortune 5000 company, and has thousands of glowing, happy reviews from clients on several third-party review sites, including the Better Business Bureau, TrustLink, TrustPilot, and Consumer Affairs.

In addition to those, the following businesses have also featured or even endorsed Advantage Gold:

  • American Numismatic Association
  • Business Consumer Alliance
  • INC.
  • The National Coin and Bullion Association
  • The United States Mint

How To Contact Advantage Gold

To contact Advantage Gold, you may call them at (800) 341-8584, email them at [email protected], or write to them at 12100 Wilshire Boulevard, Suite 1450, Los Angeles, CA, or fill out this form on their website. You can find their Facebook page here, their Twitter account here, and their LinkedIn profile here.

Summary

Advantage Gold is one of the best Gold IRA companies available. They are highly rated with the BBB, Trust Link, Trust Pilot, and the Business Consumer Alliance.

They have an excellent variety of bars, coins, and bullion to choose from, with competitive rates and guaranteed buybacks at market value or higher.

Advantage Gold has lower account minimums than most other firms, making it accessible to newer investors. They also have low custodial and storage fees.

The business was created by two individuals who worked with the United States Mint for years; they are knowledgeable and enthusiastic about Gold and using IRAs to invest in Gold. Their priority in creating Advantage Gold was top-notch customer service and excellent customer education.

Advantage Gold

A+ BBB Customer Rating

5/5 Consumer Affairs Rating

AAA Business Consumer Alliance Rating

5/5 Trust Link Rating

About Roy Guller

I have been an investment adviser for more than 30 years and managed more than 500 million dollars for my exclusive group of clients. My expertise lies in retirement funds and I want to share my wealth of experience with you so you can make the right decisions for your future.

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