Orion Metal Exchange Review

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Orion Metal Exchange is in the business of helping account holders and potential clients make wise retirement investments. Their products and services allow for a variety of informed decisions.


We can think of this company as a systematic tool for cultivating financial security.

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Introduction


orion metal exchange homepage

As the name suggests, Orion Metal Exchange functions as a dealer in silver, gold, platinum, and palladium. The company also offers Gold IRA services along with a cache of useful information.

It operates thoroughly and puts substance before style with a focus on interpersonal methods of communication.  The professionals within this network perform quality account management services.

Their experience of more than half a century in the investment field benefit the people they serve. They believe knowledge is power as stated on the company website.

About Orion Metal Exchange


Providing the variety of information needed to make a savvy investment decision is a priority goal for Orion Metal Exchange. These measures include data charts readily available online any time of day and night.

The website also displays new articles on current events concerning investment, IRAs, and precious metals. This interactive and up-to-date information pairs well with their free investors kit and guide (available upon request).

The store of information provided helps investors to understand their investment options and obligations.

How Orion Serves Clients


It’s not just about dealing in precious metals and managing retirement accounts with Orion Metal Exchange.

A critical and crucial part of what this company brings to the table involves hands-on services. 

a couple listening to a financial advisor

These services include third-party storage and delivery of metal acquisitions for superior security. Online and toll-free methods of communication make getting in touch easy.

The hands-on and easy accessibility of service is a decent quality to have, but the in-house IRA management brings it all together.

Certified and experienced custodians provide seamless support from switching over accounts to staying informed on pricing trends. 

What Makes Them Special  

Orion Metal Exchange products and services deserve trust. They are both up to date and meet industry-leading standards. The recommendations and account management provided by custodians come from real-time data.

Business operations and practices follow requirements set by organizations like the PGCS, NGC, and ICTA.

Pros

  • No unneeded bells and whistles on the company website
  • High standing with reputable organizations
  • There’s a focus for personal communication within the company

Cons

  • The website runs a little slow
  • There’s no way to get things started on the website as far as accounts go
  • Orion Metal Exchange is cannot give any tax advice

Products and Services


  • Precious Metals Price Chart

It may not count as an official service, but Orion Metal Exchange keeps an up-to-date chart of precious metal market prices on its website.

This chart does more than display the ups and downs of silver, gold, platinum, and palladium in the market.

It compares precious metals against the Dow Jones, S&P 500, FTSE 100, Gold BUGS, Crude Oil, and US Dollar with the customizable click of the Indices field. Anyone can choose which comparison to see or all at once if they want.

All this happens in real-time going back as far as 10 years. It’s a good tool to use for knowing the optimal time to decide starting accounts or metal acquisitions.

  • Coin Products

Orion Metal Exchange has different sets of coins and measured units of precious metals for sale at competitive prices of course. These are valuable as collection pieces and as a way to build security against volatile economic markets.

The selection of coins available is impressive which includes currencies from Canada and Great Britain.

  • Precious Metals Ira Investments

Orion Metal Exchange specializes in managing Precious Metal IRAs, and the company does everything possible to make clients feel comfortable with the subject.

The nuances and regulations involved in the process of opening and maintaining accounts are covered from various angles. Custodians provide individualized services for clients.

Orion Metal Exchange Gold IRA


Are you looking for information on Orion’s Gold IRA? In a nutshell, the Gold IRA is a Precious Metals IRA, which is also known as a Self-directed IRA. It’s an option for retirement investing that offers portfolio hedging through diversification.

While some investments are about seeing huge returns, this kind of account creates an avenue for keeping the value of your holdings nice and strong.

cartoon of woman looking at taxes and a calculator

This particular precious metal IRA can be a rollover or start-up as needed. 

Its purpose is to hold high-quality metals and coins until the age of retirement. Penalties apply for early withdrawal, and there are required disbursements eventually. Opening an Orion Gold IRA comes with certain tax exemptions. 

Any metals deposited through the company are approved by the IRS. This is a self-directed account and allows clients the advantage of choosing the location and custodian of account holdings.

The company makes the entire process and experience pain-free with zero setup or transfer fees. 

There are even storage incentives with the activation of new accounts. All IRS regulations and protections apply to the Gold IRA, such as interest-free withdraws of ROTH funds deposited.

How to Open a Self-Directed IRA Account


Precious metals IRAs are relatively easy to set up. The process is straightforward. It involves about half a dozen steps. 

The result and outcome of accounts are subjective, but the steps should present a few challenges if any.

man looking at a clipboard

The first step is to decide on whether to roll over or start-up as there are separate rules for either option. There may be options available to clients depending on their circumstances that make one choice better than the other.

It’s best to talk with a good CPA before coming to a goal decision. 

The second step involves choosing a custodian. All Self-directed IRAs require a custodian to be held safely in IRS compliance. The custodian in question will be the one to open, manage set up, and handling bank statements.

Orion Metal Exchange is authorized to act in such a capacity for account holders.

The third step of choosing a metal dealer for the Gold IRA affords an intriguing opportunity. Because this account is self-directed, clients can choose a dealer they see fit to do the job. It might be worth the trouble of shopping around to get the best deal. 

With everything in place, it’s time to choose the kind of coins and metal pieces you would like to hold. The Gold IRA can include silver, gold, platinum, and palladium. You must deposit metal with no less than a grade of .995 of purity.

Other than that stipulation, account holders are allowed to deposit anything they like. 

Once the custodian, dealer, and choice of product fall into order, clients only have to decide where to keep the account holdings. Custodial advice is recommended to find a reputable location.

The choice is completely up to the client, but for the sake of compliance, it’s best to follow expert advice.

Frequently Ask Questions


reviews of orion metal exchange

Is there a limit to the number of funds deposited?  

Account-holders under the age of 50 can have a maximum amount of 6,000 dollars deposited within a year. Those account holders over 50 have a limit of 7,000 dollars. 

What makes gold so valuable?  

What makes gold valuable varies from one person to another across the globe. Few other forms of currency can make that claim. It’s the market malleability of precious metals that influences the worth of holdings in a Gold IRA.

There are dips in every market, but the overall performance is the only thing that matters. Over the years precious metals like silver and gold continue to grow, which makes them a wise investment. 

Does it have to be .995 pure?  

The deposits that go into Gold IRAs have to be meet a standard to provide any kind of security. Think counterfeit bills or CDs and apply the same standards and practice to safety deposit boxes. Would anyone want substandard acquisitions or deposits? 

When do withdraws have to be made?  

When account holders reach the age of 70 years, there will have to be a withdrawal made. Their options include some kind of disbursement or transfers made from one account to another. 

Can I Deposit Quality Metals That I Already Have?  

Even if you have metals of .995 purity in your possession, they can not be deposited into your Gold IRA account. The deposits that make it into accounts have to flow through a proper chain of custody. Sources must undergo a transfer process through banking institutions. 

Why Should I Consider Contributing to a Precious Metal IRA?  

Self-directed IRAs do more than their counterparts. Account-holders can invest in a market founded deeper than ordinary stocks and bonds. When economies hit roadblocks or troubling market waves, assets acquired through these accounts hold steady value.

Gold Investing Tips


  • No In-house Holdings

Regulations regarding self-directed IRAs require that account holdings be deposited in accredited institutions. Gold IRAs cannot be stored at home. This is for the ultimate good of federal financing and the security of account holders.

  • How Much to Invest?

There’s not a set amount of money to invest in Gold IRAs. The accepted amount for prudent investment lies around 15 percent of what account holders have in total.

Given the deposit caps applied due to regulation, clients may need more than one IRA to meet their needs.

  • The Fine Print of Form 1099-B

There’s a form (1099-B) involved with this account that tracks the report of deposits from unincorporated sellers. It’s meant to keep ledgers in order regarding the sale of metals as a source of income.

Those transactions have taxes attached that need to be paid to the IRS. Investors in gold and precious metals should be familiar with this form and what it entails.

Is Now a Good Time to Invest in Gold?


There are a few overlapping reasons for investing in a Gold IRA. It boils down to stability, strategy, and longevity. Gold has all of these qualities and protects retirement funds which require all three traits as well.

When account holders deposit precious metals into Gold IRAs, there’s an actual commodity available to anchor through unsettling economic times.

stock market chart

Interest rates soar and stock prices tank from lowered consumer confidence or some other unforeseen phenomenon all the time. The influence and value of gold and other precious metals bounce back internationally again and again over time. 

It’s safe to say that gold prices and its supply and demand make it perfect for hedging and diversifying portfolios. The precious metals market doesn’t go supernova just to crash and burn like paper currencies.

The dollar can be weakened by factors ranging from politics to corporate mismanagement.  Gold remains recognized as a good trade. Someone wants it somewhere in the world, and tomorrow someone else will want even more of it.

The number of buyers, from governments to private persons, continues to grow. The more of it you store through trusted sources, the more valuable your investment will return on its payouts.

Conclusion

The Orion Metal Exchange sells precious metals while helping investors stay on top of well-earned financial gains. They are in the know and provide services to bring clients in the right way.

Their strive to offer guidance, so anyone can live the best life while in retirement.

Orion Metal Exchange is a adequate company, they are not a scam, but they are not the best choice like other companies we have written about on this website.

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