Money Metal Exchange

The combination of highly competitive prices, low shipping costs, vast product selection, and an exceptional customer experience lands Money Metals Exchange on our list as the best overall online gold dealer.

Money Metal Exchange Pros & Cons

Founded in 2010, Money Metals Exchange has quickly amassed a customer base of more than 250,000 customers. Its customer-centric focus has translated into highly competitive pricing, personalized service, a pathway for new investors, and one of the best online reputations, making Money Metals Exchange our choice as the best overall online gold dealer.

Customers can easily navigate its website to shop for coins and bullion by category and weight. Beginning investors can get their feet wet in gold investing with an automatic monthly savings plan starting at $100 a month. They advertise the price to be as low as $105 over spot pricing on a 1oz Gold American Eagle Coin.

Pros: 

  • Competitive pricing
  • Free shipping on orders of $500 or more
  • Automated monthly savings plan

Cons: 

  • Purchasing limits apply depending on your payment method and some are very low
  • Shipping can be slow

Money Metal Exchange Payments & Shipping

Money Metals locks in your price for 10 minutes to allow you to finish entering your information and payment method, which can be bank wire transfer, bitcoin, credit or debit card, money order, PayPal, or check. There is a 4% processing fee on PayPal and card orders. All payment types have a different purchase limit. Cards are limited to $1,700, PayPal is limited to $3,000, and ACH is also limited to $3,000. Other methods have much higher limits.

Shipping is free on all orders over $500, which is not such a high bar considering the cost of gold. For orders under $500, the shipping charge is $7.97. Money Metals offers a three-day return policy and may apply a 5% restocking fee on credit card orders. The dealer also offers a buyback program claiming to pay the highest price among its competitors.

Money Metal Exchange Vault Storage

Money Metals offers vault storage in Delaware and Massachusetts in Class 3 vaults. Your metals are fully segregated and fully insured. They also provide responsive customer service during business hours via live chat, phone, or email. Its website also has an extensive resource library to help new investors learn and experienced investors stay on top of the market. Money Metals also provides price alerts for investors waiting for their price to buy.