APMEX Review: Legit Or Not? | Find Out Here 2024

APMEX
Earn your financial freedom with a regulated broker
Is APMEX a scam? Are they legit? Find the answers to all these questions and more in this guide.
Summary

 APMEX is a significant gold dealer and has received a lot of praises from Intelligence Commissioner users. They have established themselves as an industry leader.

 APMEX provides an extensive and user-friendly platform to suit your demands, regardless of your level of experience as an investor whether you’re a novice hoping to start a collection or an experienced one trying to diversify your portfolio. APMEX offers a convenient and safe way to buy, sell, and store precious metals with its wide range of products, educational materials, and strong security measures.

We suggest working with a trustworthy broker with specialized staff, latest tech and most importantly, customer-centric trading conditions. After reviewing 1000+ brokers, we rank the following company as the best:

1

Key Takeaways

 APMEX is an impressive gold dealer
 APMEX has received many positive reviews
Clear terms of service
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Is APMEX Legit? What Products Do They Offer?

One of the major participants in the precious metals market is the American Precious Metals Exchange or APMEX. Since its founding in 2000, APMEX has solidified a solid reputation for providing a large selection of products, affordable prices, and top-notch customer support. APMEX, a prominent virtual vendor of precious metals, has catered to more than 1.5 million clients, completing billion-dollar deals. In order to give prospective buyers and investors a thorough assessment, this analysis explores all aspects of APMEX, including its product line, costs, customer support, and general standing.

APMEX Homepage


In Oklahoma City, Scott Thomas established APMEX. The business started off as a tiny endeavor that dealt mostly with rare coins and collectibles. But it soon broadened to cover a wider variety of precious metals, such as palladium, platinum, silver, and gold. These days, APMEX serves investors seeking bullion as well as numismatic enthusiasts with a wide range of goods.

Offering a user-friendly, safe, and secure platform for buying and selling precious metals has always been the company’s goal. APMEX has been acknowledged over time for its dedication to openness, client education, and moral corporate conduct. Because of its commitment to these values, the company has received multiple honors and recognitions, solidifying its reputation as a reliable brand in the sector.

A wide range of bullion items, such as gold, silver, platinum, and palladium, are available from APMEX. To accommodate diverse investment plans and tastes, these goods are available in a variety of shapes, including coins, bars, and rounds.

  • Gold Bullion: A large selection of gold items from reliable mints across the world are available at APMEX. Popular coins including the South African Krugerrand, Canadian Gold Maple Leaf, and American Gold Eagle are available for purchase. The company also sells gold bars made by reputable refiners including PAMP Suisse, Credit Suisse, and Valcambi, ranging in size from 1 gram to 1 kilogram.
  • Silver Bullion: APMEX offers a wide range of silver goods, and silver is a popular option for investors and collectors alike. These consist of silver coins such as the Austrian Silver Philharmonic, Canadian Silver Maple Leaf, and American Silver Eagle. Furthermore, APMEX provides silver rounds and bars in various weights to accommodate both small and large investors.
  • Platinum and Palladium: Despite not being exchanged as frequently as gold and silver, platinum and palladium nonetheless have special investing prospects. Along with bars from reliable refiners, APMEX offers coins such as the American Platinum Eagle and Canadian Platinum Maple Leaf. Palladium products offer possibilities for individuals looking to diversify their portfolios, such as palladium bars and the American Palladium Eagle.
  • Specialty Bullion: In addition, APMEX provides fractional bullion coins, pre-1933 U.S. gold coins, and precious metals that qualify for an IRA. These products give users more investing possibilities while catering to specialized sectors.
  • Numismatic Coins – Apart from bullion items, APMEX provides a wide range of numismatic coins. These coins, which are sometimes called “collectibles,” are valuable because of their rareness, historical relevance, and visual appeal in addition to their metal content. The numismatic catalog of APMEX consists of:
  • U.S. Coins: Morgan and Peace silver dollars, pre-1933 gold coins, and contemporary commemorative issues are among the assortment of U.S. coins that APMEX provides. The U.S. Mint’s American Gold Buffalo and American Silver Eagle coin series, which are highly prized by collectors, are also carried by the company.
  • Global Coins: APMEX has a vast variety of global coins from many different nations and eras of history. Coins from well-known mints such as the British Royal Mint, Perth Mint, and Royal Canadian Mint are available to customers. Popular series including the Australian Gold Kangaroo, British Gold Britannia, and Canadian Silver Maple Leaf are among these coins.
  • Ancient Coins: APMEX has a variety of ancient coins from civilizations including Rome, Greece, and Persia for individuals who are interested in ancient history. Due to their historical significance, collectors cherish these coins for their rare ability.

APMEX offers services to clients who wish to include precious metals in their IRAs. To make the procedure easier, the company collaborates with reliable custodians and provides a range of products that qualify for IRAs.

APMEX Product


These regulatory bodies play a crucial role in maintaining the integrity of the forex market by enforcing rules and regulations, ensuring transparency, and protecting traders and investors from fraudulent activities.

Checking the regulatory status of brokers like  APMEX is quite beneficial. It inspires trust in the brand.

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What are the Fees at APMEX?

APMEX offers a variety of gold, silver, and platinum jewelry. The selection of rings, necklaces, bracelets, and earrings available to customers makes it simple to buy precious metals in wearable form.

APMEX is renowned for providing its products at relatively inexpensive prices. Customers are guaranteed to obtain fair and accurate prices according to the company’s website, which offers real-time pricing changes based on the current spot price of precious metals. Additionally, APMEX promises to match the price of any comparable product from a reliable rival with its price match guarantee.

Visa, Mastercard, American Express, Discover, and other major credit and debit cards are accepted by APMEX. Although handy, the processing fees associated with card payments usually result in a higher premium. Due to their generally cheaper fees, bank wire transfers are a preferred payment option for larger transactions. APMEX provides a discount to clients who pay through wire transfers from banks.

For a smooth and safe transaction experience, APMEX accepts PayPal payments. Customers who want to link their bank accounts or use their PayPal balance will find this option quite helpful.

Litecoin, Ethereum, Bitcoin Cash, and Bitcoin are among the ones that APMEX accepts. Customers who prefer digital currencies can benefit from increased security and privacy with this payment option.

Cashier’s checks, money orders, and personal checks are all accepted by APMEX. Customers who prefer not to use electronic payment methods have an alternative, even though they could take longer to process.

To meet its clients’ demands, APMEX provides a range of shipping choices. Orders over a specific amount qualify for free shipping from the company, and expedited shipping alternatives are available for a surcharge. In order to guarantee that its products arrive safely and securely, APMEX packages them with great care. To provide consumers peace of mind, the business packages discreetly and ensures every shipment is in full.

You should always check the fee structure of a gold dealer.

That’s primarily because they have a direct impact on your potential returns. Moreover, each gold dealer such as APMEX has distinct trading conditions.

A major part of checking the trading conditions of a broker is to verify their available payment methods.

In the case of APMEX, you can see that there are multiple options available.

It makes them accessible to traders. Furthermore, it ensures that people can trade freely.

APMEX Homepage


We recommend working with a reliable and trusted gold IRA Company.

How to Check the Fees of a Gold IRA Company

Navigating the fees of a gold IRA company like APMEX can seem daunting, but following these simple steps can make it much easier:

1. Visit the Company’s Website

Most gold IRA companies list their fees on their websites, so that’s a great place to start. Look for sections labeled “Fees,” “Pricing,” or “Cost Structure.” For example, Vantage IRA details fees like a $50 setup fee, a $275 annual record-keeping fee, and $75 transaction fees for buying or selling.

2. Request a Fee Schedule

If you can’t find the information online, give the company a call or send them an email asking for a detailed fee schedule. Make sure it covers all the potential costs, including account setup, annual maintenance, storage, transaction, and shipping fees. You can get in touch with APMEX to learn more about their fee structure.

3. Compare Across Companies

Don’t settle for the first fee schedule you see. Check out multiple gold IRA companies to see how their fees stack up against each other. Some might have lower setup fees but higher annual costs, so it’s important to look at the total picture.

4. Read Customer Reviews

Customer reviews can offer valuable insights into how fair and transparent a company’s fees are. Look for testimonials that specifically mention fees to see what others are saying about their experiences. Checking out  APMEX reviews can be quite helpful. That’s a major reason why we prepared this  APMEX review.

5. Consult Financial Advisors

If you’re feeling uncertain about the fees or how they might affect your investment, talk to a financial advisor who knows the ins and outs of retirement accounts. They can help you understand which fees are reasonable and how they compare to industry norms.

By taking these steps, you can get a clear understanding of the fees associated with a gold IRA company before diving in. This way, you’ll be well-equipped to make informed decisions that align with your financial goals.

4

 APMEX Customer Service: Do They Handle Complaints Well?

Citadel Global Depository Services is a private storage facility that APMEX partners with for customers seeking secure storage options. Citadel gives clients the freedom to select the level of protection they require with a variety of storage solutions, including both segregated and non-segregated storage. Customers may easily manage their holdings with the facility’s 24/7 online account access and comprehensive insurance coverage.

Good customer service is vital for any trader.

You should always check if a gold IRA company remains accessible to its customers and whether it offers multiple contact channels or not.

The most popular ways for recent customers are live chat and email.

While email is becoming a bit obsolete, it is still among the most common methods for a customer to contact the support staff of a broker.

In the case of APMEX, it’s clear that they offer proper customer support with a significant variety of ways to contact them.

According to multiple users, APMEX’s customer support is quite active and responds promptly to general queries and grievances.

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5

 APMEX Reviews: What Do Others Say?

APMEX is well known for providing outstanding customer service. Customer care representatives can be reached by phone, email, or live chat at the company. Additionally, APMEX’s website has a thorough FAQ section with responses to frequently asked questions and issues.

The instructional resources offered by APMEX’s customer service are among its most notable aspects. The company’s website has a plethora of information on a range of issues relating to investing in precious metals, including articles, guidelines, and videos. Both new and expert investors can benefit greatly from these resources, which aid in their decision-making.

APMEX is concerned about protecting its clients’ privacy and security. Modern encryption technology is used on the firm website to safeguard private data and guarantee the security of every transaction. Additionally, APMEX follows stringent privacy guidelines to protect client information and stop illegal access.

A strong reputation has been established by APMEX in the precious metals sector. The business has won several honors and recognitions, such as an A+ rating from Trustpilot and an A+ rating from the Better Business Bureau (BBB). Reviews from clients frequently emphasize the business’s large product assortment, affordable prices, and top-notch customer support.

APMEX is committed to giving its clients a smooth and convenient experience.

There are several ways to pay and clear directions on how to finish transactions make the checkout procedure simple. Additionally, APMEX has a mobile app that allows users to conveniently buy and sell precious metals while on the go. The app is compatible with both iOS and Android devices. Real-time pricing, safe checkout, and access to APMEX’s entire product and service portfolio are all included in the app.

Although APMEX is usually well-reviewed, a few consumers have complained about purchase cancellations and delayed shipments. These grievances are, nevertheless, rather uncommon and are frequently quickly addressed by APMEX’s customer support staff. Overall, investors in precious metals can feel confident with APMEX because of its transparent and dependable reputation.

APMEX reviews on Trustpilot


Large variety of products, such as numismatics and bullion. Competitive rates with a price match offer Outstanding support for customers as well as instructional materials. Various payment methods and choices for safe storage

When it comes to precious metals, APMEX is a top choice for investors and collectors. With a large assortment of goods, affordable prices, and a steadfast dedication to customer support, APMEX has made a name for itself as a reputable dealer in the field. The company’s position as a top retailer of precious metals is further cemented by its commitment to openness, education, and moral business conduct.

Looking it up, APMEX is a great option for anyone wishing to invest in precious metals because of its stellar reputation, wide range of products, and dedication to client happiness. Although there is room for development, APMEX stands out in the precious metals market due to its overall great experience and value.

For clients who want to store their precious metals with Citadel Global Depository Services, APMEX provides physical security measures in addition to digital security. The facility offers a high degree of protection for stored goods because of its cutting-edge security features, which include armed guards and 24/7 surveillance.

The various prizes and recognitions that APMEX has received throughout the years are indicative of its standing in the business. The company has received distinction from numerous organizations and trade journals for its dedication to excellence in product quality, customer service, and moral business conduct.

Based on user-submitted reports, most of the APMEX reviews are quite positive.

Customers praise the company for its prompt customer service and trader-friendly conditions.

However, it’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

While APMEX doesn’t seem like a shady broker, many others rely on fake reviews to increase their credibility.

TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

That’s why we recommend doing extensive research on forex brokers before finalizing your selection.

It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

In the case of APMEX, however, we noticed that their reviews are legitimate.

Unlike their competitors, it seems APMEX has put in a lot of resources into providing its traders with specialized customer service. This way, their customers remain happy and satisfied with their experience.

Also, we didn’t notice many significant APMEX complaints. However, if you have any APMEX reviews to share, feel free to contact us or share them in the comment section.

APMEX reviews coverage


You should always look out for consumer complaints. The most common complaints in forex are usually regarding:

  • Poor customer support
  • Delays in payments
  • High fees
  • Lack of transparency regarding their leadership team
  • Aggressive sales staff

Do you have a similar complaint about APMEX? You can share your complaint in the comment section or submit an anonymous tip.

6

Is APMEX Legit Or a Scam?

APMEX is a regulated entity. They are licensed and operate under the watch of a major financial regulator.

So, it’s clear that APMEX is a legit gold broker.

You should avoid working with unregulated brokers. The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind the unregulated broker can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.

However, that’s not the case with APMEX. It’s clear in our APMEX broker review that they are a legitimate entity and enjoy a positive reputation in the market.

Can You Trust APMEX?

All the evidence suggests that APMEX is legit. However, we recommend checking out more options before finalizing your choice.

That’s why we recommend working with a trusted gold dealer. That way, you can avoid any hiccups and be certain of their reliability.

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Frequently Asked Questions

Is APMEX a scam?

According to the online reviews of this company, it’s clear that APMEX is not a scam. However, we recommend checking out more brokers before before finalizing your decision.

What is the best alternative to APMEX?

We recommend going with our recommended broker instead of APMEX due to their higher experience and specialized technology.

Where is APMEX Located?

There is no information available on the location of APMEX.

Are there any APMEX complaints?

We’ve received a few APMEX complaints from our readers. If you’ve had a negative experience, feel free to write down a comment below or contact us.

Is There Any APMEX lawsuit?

At the time of writing this APMEX review, we didn’t find any ongoing APMEX lawsuits.
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How A Gold IRA Works

Choose a Gold IRA Custodian

Select a reputed gold IRA dealer, preferably with specialized staff and experience.

Complete the Account Application

Fill in the necessary paperwork required to open a self-directed IRA account. Your gold IRA provider will assist you with the process.

Fund Your Gold IRA

You can rollover an existing 401k (or other retirement account) or add funds directly to fund your gold IRA.

Choose Your Precious Metals

Prominent gold IRA providers offer a plethora of options to choose from. Make sure you work with a reputed one to have access to large variety of precious metals products.

Consult With Experts

Make sure to go through proper consultations before finalizing your choice.

Store Your Precious Metals

Your chosen gold IRA provider will offer you multiple storage options. IRS requires investors to store the metals of your gold IRA at a registered 3rd party vault.

Monitor Your Investments

With a reputed provider, you can easily monitor your investment and check to see how it’s performing.

If you’re looking to start trading, we suggest working with our recommended broker. We have reviewed 1000+ brokers and fintech firms and chosen them as our no. 1.
*Forex trading is subject to market risk.
 APMEX Review: Legit Or Not? | Find Out Here 2024
 APMEX Review: Legit Or Not? | Find Out Here 2024

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