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Established in 2020, BullionMax is a precious metals investment firm. Likewise, the company will help clients set up self-directed IRAs. The catalog of available products is not as extensive as some of its competitors, and no palladium and platinum are present in the inventory. The dealer has some very competitve pricing on some of its items, with mark-ups as low as 5% on gold bars. Clients can choose between three renowned IRA custodians: Equity Trust, Strata Trust Company, and GoldStar Trust Company. Moreover, for storage options, customers have the option of either Brinks International or the Delaware Depository. The company is located in Torrence, California.
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Pros:
- Clients can select from Equity Trust, Strata Trust Company, and GoldStar Trust Company for custodial services
- Vault storage is provided by Brinks International or the Delaware Depository
- Some of the available products are popular IRA-approved bullion
- Competitive mark-ups on some items, as low as 5% Cons:
- No palladium or platinum products are available
- The company is not transparent about its leadership team
Company Info & Background
BullionMax (www.bullionmax.com) is a precious metals broker and Gold IRA company. It was founded in 2020, and is headquartered in Torrance, California.
The product catalog consists of gold and silver coins and bars in a variety of available weights. IRA-eligible bullion is available, as are collectible coins. The company mission statement is as follows:
“Our entire goal is to give you a no-nonsense buying experience with the lowest reasonable prices you’ll find anywhere – the way it ought to be.”
The company website has a “News/Resources” section, with subsections that include “News”, “Coin History & Values”, and a “Knowledge Base” resource center replete with a plentitude of information for both collectors and investors.
BullionMax Management Team
The bullion max management team brings more than two decades of experience between them. The chief financial officer, Bryan Greenwood, has 10 years of experience in the precious metals industry. And was VP of administration and risk at APMEX for 6 years.
The chief marketing officer at Bullionmax, Andy Klein has 10 years of experience in retail precious metals markets. While the chief operating officer, Steve Emmett, has 17 years of experience of product management and logistics, with 4 years directly in precious metals retailing.
BullionMax Custodians and Storage
Customers have the option of storing their precious metals with two highly reputable vault companies: the Delaware Depository or Brinks International.
BullionMax has partnered with Goldstar Trust, Strata Trust Company, and Equity Trust to provide its clientele with exceptional custodial services.
Shipping & Payments
This precious metals dealer offers free shipping on orders over $199. Orders under that amount are charged a shipping fee of $9.95. All packages are shipped via UPS or United States Postal Services, delivery may require a signature. Deliveries can only be made to billing addresses.
As far as payment methods are concerned this dealer has one of the widest ranges of possibilities in the industry. You can pay for your precious metals via the following payment methods:
- Credit Cards
- Debit Cards
- Paper Checks
- Bank Wires
- PayPal
- Cryptocurrency Via BitPay
- Plaid: Link your bank account and pay via ACH/eCheck account
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Note that you will get a cash discount if you pay via bank wire, paper check, or ACH/eCheck.
Bulliomax Pricing
Their pricing mark-ups can vary a lot depending on which item you are considering. However, we found them to be in line with industry standards on most products. While some items were decisively competitive such as the 1 ounce Britannia gold bar which only had a mark-up of around 5 percent.
BullionMax Products
Available inventory at BullionMax is not as extensive as some of its competitors, and there is no palladium and platinum. IRA-approved gold products include gold bars of various weights, the Gold Canadian Maple Leaf, and the American Gold Eagle coins. For those interested in silver options, there are one-ounce and 10-ounce bars, in addition to the Silver Austrian Philharmonic, Silver Australian Kangaroo, Silver American Eagle, and the Silver Canadian Maple Leaf. Additionally, for those interested, BullionMax also offers a 5-ounce 2011 America the Beautiful (ATB) Chickasaw Silver coin which is also approved to be held in a Precious Metals IRA.
View more BullionMax here.
BullionMax Precious Metals IRA Info
| Company | BullionMax |
|---|---|
| Annual Cost | Variable |
| Scaled or Flat Fees? | Flat Fees |
| Partnered Storage Vaults | Delaware Depository, Brinks |
| Partnered Custodians | GoldStar Trust Company, Equity Trust, and Strata Trust Company |
| Metals Available | Gold and Silver |
| Years in Business | 1 year (2020) |
BullionMax Reviews, Ratings, and Complaints
Below we offer a diverse selection of reviews, ratings, and complaints pertaining to BullionMax from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.
- BBB Rating: A
From 14 Customer Reviews (Details)
- BBB Complaints: 1 complaint in the last 3 years (Details)
- BCA Rating: AA (Details)
- BCA Complaints: 0 Complaints (Details)
- SiteJabber: N/A
- TrustPilot: Profile
From 9 Customer Reviews (Details)
- RipOff Report: No Reports
- Yellow Pages: N/A
- Yelp: N/A
- Facebook: Profile (Details)
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BullionMax Contact Information
- Address: 3440 W Carson St, Suite 200, Torrance, CA 90503
- Phone: (800) 729-3202
- Email: info@bullionmax.com
- Website: www.bullionmax.com
Established in 2020, BullionMax is a precious metals investment firm. Likewise, the company will help clients set up self-directed IRAs. The catalog of available products is not as extensive as some of its competitors, and no palladium and platinum are present in the inventory. The dealer has some very competitve pricing on some of its items, with mark-ups as low as 5% on gold bars. Clients can choose between three renowned IRA custodians: Equity Trust, Strata Trust Company, and GoldStar Trust Company. Moreover, for storage options, customers have the option of either Brinks International or the Delaware Depository. The company is located in Torrence, California.User Rating
Sarah Bauder is a financial writer with over a decade of experience at numerous online publications, writing about alternative investments, retirement, US politics, world economy and more.
