JM Bullion
Key Facts
- Min. Investment
- $0
- Annual Fees
- ~$230–$330/year ($30 setup + $130–$180 custodian + $100–$150 storage)
- Founded
- 2011
- IRA Types
- Traditional, Roth
Overview
JM Bullion was founded in 2011 and is headquartered in Dallas, Texas. The company is one of the largest online bullion retailers in the United States, with over $3 billion in total historical sales. JM Bullion's core business is retail precious metals sales; IRA services are offered as a secondary product line handled through third-party custodians (primarily New Direction IRA). JM Bullion offers one of the widest product selections in the industry with competitive, transparent pricing — real-time spot prices and clearly visible premiums. The standout feature for IRA investors is a self-service online buyback system available 24/7.
Pros
- ✓One of the largest U.S. bullion retailers with over $3 billion in total sales
- ✓Transparent pricing — real-time spot prices and clearly visible premiums on all products
- ✓Self-service online buyback system available 24/7 — no need to call during business hours
- ✓Free shipping on orders over $199
- ✓A+ BBB rating with customer review average of ~4.59 out of 5
Cons
- –IRA services are secondary — no dedicated in-house IRA specialists
- –Less hand-holding through the IRA setup process than dedicated IRA firms
- –IRA fee transparency limited on JM Bullion's website — fees set by third-party custodian
- –Shipping delays reported during high-demand periods
Frequently Asked Questions
Is JM Bullion primarily a gold IRA company?
JM Bullion is primarily a retail bullion dealer that also offers IRA services. Their core business is selling physical metals. The IRA program uses third-party custodians and depositories — you get wide selection at competitive prices, but less guided IRA support than a dedicated IRA firm.
Does JM Bullion have a buyback program?
JM Bullion's self-service online buyback system lets customers lock in prices 24/7 without calling during business hours. The $1,000 minimum buyback amount applies, and payment is typically processed within 1–3 business days of inspection.
What fees does JM Bullion charge for a gold IRA?
IRA fees are set by the third-party custodian and depository, not JM Bullion. Estimated costs: $30 online setup fee, $130–$180 annual custodian fees, and $100–$150 annual storage. Confirm fees with the assigned custodian before opening an account.