JM Bullion Review
In this JM Bullion Review, we examine the business and what it offers clients. We investigate its strong points, what we didn’t like, and whether we would use it to invest in gold or a gold backed IRA or not.
Who is JM Bullion?
Based in Dallas, JM Bullion is an online precious metals retailer. They have been in the business since 2011. Their client base continues to grow and offers a range of products for investors. They have a well-respected and enjoyed level of customer service, along with an easy to navigate and use website.
The company offers investors the chance to purchase physical gold and silver and other precious metals along with gold-backed IRA services.
JM Bullion Review - What Does JM Bullion Offer?
JM Bullion offers a range of physical precious metal products. These include gold and silver bars, gold coins and silver coins that are IRA eligible.
The coins they offer are from a variety of countries including Canada, the United States, Great Britain and South Africa.
With JM Bullion being primarily a precious metals retailer, they do not offer storage services. This means that an investor must find their own storage facility or take delivery of their precious metals.
The price for all precious metals products is inclusive of shipping and insurance charges.
JM Bullion do not offer storage services. If looking to invest in a gold-backed IRA, the company has partnered with another investment firm in order to facilitate clients that require this feature.
What To Like About JM Bullion
Wide Range of Well Priced Metals
JM Bullion offer a diverse range of precious and none precious metals and coins. These include, gold, silver and copper bars and coins. The products are reasonably priced and are based on the current market price data.
JM Bullion Review - What We DIDN’T Like About JM Bullion
No Storage Facilities
For an investor in precious metals, secure storage is a must have and one that many investors look to be provided by the company that they are doing in business with. Failing this it is up to the individual investor to provide secure storage.
Not TRUSTe Verified
When investing in precious metals, or purchasing anything online, security is important. JM Bullion is not TRUSTe verified which may cause concern for some investors.
JM Bullion IRA Fees
|Initial Setup Fees||Depends on Custodian|
|Preferred Depository||Depends on Custodian|
|Minimum Purchase Amount||Not Disclosed|
|Annual Storage Fees||Not Disclosed|
|Annual Admin Fees||Own Selection|
Rankings, Complaints and Customer Reviews
Better Business Bureau (BBB)
JM Bullion holds an A+ rating with the Better Business Bureau and has been accredited with them since 2014. Even though they hold a top rating, there are a total of 71 complaints against the company.
This number is quite high and on further reading through of some of the complaints they include delivery issues, not receiving the coins ordered, complaints about customer service and even the sale of fraudulent coins. These complaints should raise some serious concerns for an investor, especially when it comes to being sold fake coins.
Business Consumer Alliance (BCA)
JM Bullion is not registered or recognized by the BCA, which should also make any potential client question why they do not have a BCA accreditation.
The company is registered with TrustLink but has no reviews, good or bad against it at present.
JM Bullion Review – Closing Thoughts
JM Bullion have some positive and negative features which need to be carefully considered when choosing whether to invest with them.
The positives are that the company has no service charges, a wide range of reasonably priced products and an easy to use website.
The negative aspects are that the company has delivery issues, problems with supplying the correct products, a lack of storage facilities and a slow response to complaints.
While JM Bullion boasts over 100,000 reviews on its own website, the lack of reviews on TrustLink and not being accredited by the BCA are causes for concern. Also the high number of complaints to the BBB should make a potential investor think twice.
Which Investment Company do We Recommend?
Official Website – Client Testimonials – Recommended Packages
Give them a call: 1 877 962 1133
For those looking to invest in precious metals for retirement or for a gold-backed IRA, Regal Assets is our top recommendation. The company has fantastic reviews and is fully accredited by all agencies such as the BCA, BBB and TrustLInk.
Unlike JM Bullion, the Regal Assets offers full segregated storage options for precious metals. They also have excellent customer service with just one complaint since the company began business. There are no issues with shipping or delivery of the wrong products or even fake products. Regal Assets is also an industry leader in gold IRA services and has helped thousands of people with gold rollover and gold-backed IRA procedures.
It has fast processing times, excellent selection of coins, low fees, patient and attentive agents and financial experts. If you want to learn more about this company and what it can offer you check out the Regal Assets official website or call 1 877 962 1133