by | Jul 13, 2020 | Precious Metals

Last Updated: June 3, 2026

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American Bullion was co-founded in 2009 by Nevtan Akcora and Orkan Ozkan, two commodity traders who started the company to help retirement investors convert paper assets into physical precious metals. They were early to the Gold IRA category — in 2011 the company held the highest number of precious metals IRA accounts, and in 2013 it became the first Gold IRA company to accept Bitcoin. Sixteen years on, Akcora and Ozkan still run the business, with Akcora as CEO and Ozkan as President.

The company’s positioning is clear: IRA specialist, not general bullion dealer. There is no online catalog and no pricing on the website. Everything goes through a call. The first-year promotion — storage and custodian fees fully waived for accounts of $50,000 or more — offsets the year-one cost meaningfully. The Trustpilot record is consistently positive: reviewers cite low-pressure reps, clear guidance, and smooth rollover execution. Forbes has listed American Bullion among its recommended brokers for precious metals.

The $50,000 minimum is the largest obstacle. It is the highest of any company reviewed in this guide and excludes most first-time investors and smaller retirement accounts. If you are in that range, American Bullion is a well-run, experienced IRA specialist worth a call.

For a broader look at how Gold IRAs work and what to watch for, see our guides on precious metals investing, Gold IRA rollover pros and cons, and where Gold IRA metals should be stored.

#1 Rated Gold Company for 2026

Before going further into American Bullion, know that our top recommendation for U.S. retirement investors in 2026 remains Noble Gold Investments. Noble Gold names custodians and storage partners, publishes its fee structure, and assigns a dedicated IRA specialist to every account. Their free 2026 Gold IRA guide covers the full process.

Download Noble Gold’s Free 2026 Guide

Quick Company Snapshot

CompanyAmerican Bullion, Inc.
Founded2009
Co-FoundersNevtan Akcora (CEO) and Orkan Ozkan (President) — both commodity traders
Director of MarketingErman Ebren (ex-Siemens; 10+ years with company)
Headquarters12301 Wilshire Blvd #305, Los Angeles, CA 90025
Phone1-800-GOLD-IRA (1-800-465-3472)
HoursMonday–Friday, ~7:00 AM–5:00 PM PT
Metals OfferedGold, Silver, Platinum, Palladium; European and international coins
IRA CustodianSTRATA Trust Company (exclusive)
IRA DepositoryDelaware Depository (exclusive; visits by appointment)
Secondary StorageBrinks Global Services
Minimum Investment$50,000 (highest in this guide)
First-Year PromotionStorage and custodian fees waived for year one on $50K+ accounts
Annual Fees$75 (under $100K) to $150 (over $100K) — set by STRATA and Delaware
BBB StatusA+ rating; verify accreditation status at bbb.org
Websitewww.americanbullion.com

American Bullion at a Glance

Sixteen years of IRA specialist status makes this a true point of differentiation in an area where many of its competitors have merely bolted on IRA services from the core identity of a gold bullion dealer. American Bullion has been an IRA company from the beginning, and it remains so. There is no e-commerce shop on the website. No current live pricing information. The whole strategy revolves around talking to a specialist, going through the process, and creating an IRA rollover strategy. And it works: That’s the type of feedback American Bullion gets on Trustpilot, naming individual representatives who explain things clearly and conducting discussions without pressure.

The free year of fees is a nice perk. Waiving STRATA Trust’s custodian fee and Delaware Depository’s storage fee, totaling up to $290 annually (and waivable only during the first year), is definitely better than getting discounts on overpriced products. The two fees mentioned here are the ones charged regardless of which company arranges your precious metals IRA account with STRATA and Delaware Depository.

The $50,000 minimum is the article’s toughest nut to crack. Not negotiable. This figure exceeds the thresholds of all other companies reviewed here: Lexi Capital starts at $1,500, while Noble Gold requires no less than $20,000. For anything below the $50,000 mark, there is absolutely no point even talking to American Bullion; but for the accounts over this threshold, the company is definitely worth consideration.

Pros & Cons

✅ What Works in American Bullion’s Favor❌ Where American Bullion Falls Short
First-year promotion: storage and custodian fees fully waived for the first year on qualifying accounts ($50,000+ minimum) — one of the most valuable new-client promotions in the category$50,000 minimum investment — the highest of any company in this guide by a significant margin; rules out most first-time or smaller retirement investors
Exclusive partnership with Delaware Depository — one of the most widely respected precious metals vaults in the U.S., fully insured, with client visit access by appointmentNo online catalog and no published pricing on the website — every quote requires calling; investors cannot comparison shop before making contact
STRATA Trust Company as dedicated custodian — established, reputable self-directed IRA administratorOnly one custodian (STRATA Trust) and one primary depository (Delaware) — less choice than competitors who offer multiple custodians
16 years in continuous operation since 2009 — co-founders Akcora and Ozkan have run the business since foundingSome customers report delays in home delivery timelines
Highly positive Trustpilot reviews; reviewers consistently cite low-pressure reps, transparent guidance, and efficient rollover processesAnnual fees ($75–$150) are set by STRATA and Delaware Depository independently — verify current rates before committing
BBB A+ rating; active profile
All four metals available: gold, silver, platinum, palladium; wide range of European and international coins
Delaware Depository allows in-person visits by appointment; Forbes-listed broker; Gold Guide available at no charge

Fees and Cost Structure

American Bullion’s fees are set by its custodian and depository partners, not by the company itself. The structure is as follows:

  • Custodian annual fees: $75 per account below $100,000 and $150 per account above $100,000 (determined by STRATA Trust Company)
  • Storage annual fee: this is a portion of the total $290 yearly cost; get the exact rate from STRATA and Delaware Depository for segregated and non-segregated products
  • Fee waiver for first year promotion: zero fees for custodian services and storage for the first year on accounts with $50,000 minimum
  • Premiums for Products: not listed on the website; only a direct quote available

The $290 maximum annual cost cited in multiple sources covers custodian plus storage combined. After year one, those fees apply normally. Verify the current STRATA Trust fee schedule and Delaware Depository storage rates in writing before funding the account, as fee structures change and published third-party figures may be outdated.

Company Background

Both Nevtan Akcora and Orkan Ozkan worked as commodity market traders before co-founding American Bullion in Los Angeles in 2009. The company’s initial strategy centered on aiding individuals in converting their traditional paper IRAs and 401(k)s into precious metals IRAs. In 2009, the company agreed on partnerships with Sterling Trust Company (which later became STRATA Trust) and Delaware Depository to provide custodian services. In 2011, American Bullion had the most precious metals IRA accounts of any company that offered this service. In 2013, American Bullion became the first Gold IRA company accepting Bitcoin payments.

Sixteen years on, the same duo continue managing the company: Akcora is the CEO while Ozkan serves as President. The business model of American Bullion has remained largely intact: specialization-based, telephone-first, and focused on IRA. The website functions more like a landing site for obtaining guides and booking consultations rather than displaying products. American Bullion made it onto the list of best precious metals brokers according to Forbes magazine. The Trustpilot feedback shows a trend of clients praising hassle-free rollovers and no-pressure conversations with a named specialist.

For broader competitive context, see our precious metals IRA reviews page.

Noble Gold Is Our #1 Pick for 2026

American Bullion brings 16 years of IRA specialist focus, a first-year fee waiver, and a Trustpilot record that reflects genuine client satisfaction. The $50,000 minimum is the highest in this guide. Noble Gold Investments has a lower entry point and more upfront fee transparency. Their free guide takes minutes.

Request Noble Gold’s Free 2026 Guide

Management Team

CEO & Co-Founder — Nevtan Akcora

Nevtan Akcora started off American Bullion in 2009 and has been its CEO ever since then. Prior to American Bullion, he worked as the president and COO of OnStar Worldwide, a company wherein he gained the know-how of managing growth both operationally and through customers. He has also had the experience of working in other financial institutions before starting American Bullion.

IRA Custodian and Storage

Custodian: STRATA Trust Company

American Bullion uses only STRATA Trust Company as its custodian for self-directed IRAs. STRATA Trust (previously known as Self-Directed IRA Services Inc., a subsidiary of Horizon Bank) is one of the well-known custodians for self-directed IRAs. The custodian takes care of account management and filing the necessary reports to the Internal Revenue Service. The custodian fees charged by STRATA are set independently and amount to roughly $75/year for accounts up to $100,000 and $150/year for larger accounts.

Our self-directed IRA guide covers what to evaluate.

Depository: Delaware Depository

Exclusive storage facility for American Bullion is Delaware Depository, located in Wilmington, Delaware. Important points: full insurance coverage, segregated and non-segregated storage, and visits possible by appointment. If you prefer to take a look at your precious metals yourself, you may request an appointment for inspection. There is also a branch in Boulder City, Nevada; contact American Bullion to find out where your metals will be stored.

For context, see our gold storage vaults guide.

Secondary Storage: Brinks Global Services

Brinks Global Services is available as a secondary storage option for clients who prefer a Brinks location over Delaware Depository. Discuss this option directly with a representative.

Products Available

American Bullion focuses entirely on IRA-eligible precious metals. There is no online catalog and no pricing on the website. All product selection happens through a direct consultation with a specialist. Products confirmed available include gold, silver, platinum, and palladium in IRA-approved bullion coins and bars, along with a wide selection of European and international coins.

For guidance on metals selection within a retirement portfolio, see our precious metals investing guide.

Start With the #1 Rated Company of 2026

American Bullion is a legitimate, experienced Gold IRA specialist. For the most fully transparent setup with a lower minimum, Noble Gold Investments is where we recommend starting. Request their free guide before speaking with any rep.

Claim Noble Gold’s Free 2026 Guide

Final Verdict

Since 2009, American Bullion has been focused solely on being a Gold IRA specialist. Its ownership hasn’t changed since its inception in 2009 either. It is clear from their Trustpilot page that American Bullion has a specialist’s mentality when it comes to business; it shows low pressure, assigned representative services, seamless rollover implementation. It also provides free first-year fees, which really does make a difference in the first year.

It is a minimum investment requirement that makes the article completely truthful because it is fixed and leaves out the vast majority of potential precious metals IRA investors who are new in the business. Lack of any online pricing means that the only way to compare the product is by talking to a specialist over the phone. Also, there is one custody firm provided – STRATA Trust Company – and others do provide several options.

If American Bullion is your choice and you are qualified for a minimum amount, then call them and confirm your fee structure at STRATA Trust, ask for product premiums in writing before buying and then compare your second-year total fee with Noble Gold Investments.

American bullion review chart
American bullion review chart - by,April 1, 2011
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American bullion review chart
  • Phone : 1-800-GOLD-IRA
  • Global Rating
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  • Very Good
Review Summary :

American Bullion has been serving precious metals IRA clients since 2009. The company is currently running a promotion offering individuals no annual fees for the first year. While it does require a higher minimum investment than most IRA competitors ($50,000), American Bullion is gaining market share among investors because of its commitment to customer service and a wide variety of precious metals offerings.

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Mohammed Saqib

Mohammed Saqib is a finance professional and CFA Level II Candidate with a Master of Finance from Wilfrid Laurier University. He specializes in financial content covering equities, alternative assets, precious metals, and capital markets.