Orion Metal Exchange
Key Facts
- Min. Investment
- $5,000
- Annual Fees
- $150–$225/year (varies by metal type and depository)
- Founded
- 2017
- IRA Types
- Traditional, Roth, SEP
Overview
Orion Metal Exchange is a gold IRA specialist founded in 2017 and headquartered in Los Angeles, California. The company has been BBB-accredited since 2021 and holds an A+ rating with a 5-star average across more than 50 customer reviews. Orion has been recognized by Consumer Affairs as a "Top-Rated Precious Metal IRA Dealer" every year since 2018 — one of the longest-running top-rated recognitions in the category. The company's most distinctive feature is its choice of three IRS-approved depositories: Brinks Global Services, Delaware Depository Service Company, and International Depository Services.
Pros
- ✓BBB-accredited since 2021 with an A+ rating and 5-star average across 52 reviews
- ✓Consumer Affairs "Top-Rated Precious Metal IRA Dealer" every year since 2018
- ✓Choice of three IRS-approved depositories — more than most specialist competitors
- ✓Works with all IRS-approved custodians — flexibility to choose your own
- ✓Low $5,000 minimum for new gold IRAs
Cons
- –Annual fees vary ($150–$225) by metal type and depository — get a written quote
- –Does not provide custodial services itself — customers coordinate with a separate custodian
- –Smaller public profile than the most heavily advertised specialist competitors
Frequently Asked Questions
What is the minimum investment at Orion Metal Exchange?
Orion requires a $5,000 minimum for new gold IRA accounts and $10,000 for rollover IRAs — lower than most specialist competitors.
What fees does Orion charge?
Orion cites a $250 one-time setup fee, approximately $90 for the annual IRA service fee, and approximately $100 for standard annual storage. Total annual fees typically run $150–$225 depending on metal type and depository.
Which depositories does Orion use?
Orion gives customers a choice of three depositories: Brinks Global Services, Delaware Depository Service Company (DDSC), and International Depository Services (IDS). This geographic flexibility is unusual in the specialist category.