Bullionstar Review (Is This Legit? Or A Scam?) (Updated 2022)

April 8, 2022

Bullionstar Review

Welcome to my Bullionstar Review.

(UPDATED APRIL 2022)

Doing research on companies before purchasing precious metals from them is a must.

It is a great way to avoid being scammed.

In this Bullionstar Review, we will find out whether it is legit or a scam. Furthermore, we shall discuss all the important things you need to know about it.

If you want to skip right to our number-one pick of gold IRA companies, Augusta Precious Metals, click here.

Without further ado, let's get started.

Bullionstar Review Quick Summary

Name: Bullionstar

Website: bullionstar.com

Founder and CEO: Torgny Persson

Price: Varies depending on your investments

Rating: 3/5

Bullionstar Review logo

What is Bullionstar?

Bullionstar is a Singapore-based company that provides precious metals locally and internationally. Its founder and CEO is Torgny Persson.

The company built a good reputation of being a great place to buy and store precious metals. Moreover, Singapore is a nice environment for the precious metals business.

(Note that if you want to take advantage of the tax benefits of physical gold and silver in an IRA, you need to work with a company that is located in the U.S., such as Augusta Precious Metals.)

It has political stability, a protected environment and no taxes and reporting requirements.

Bullionstar's physical address is 45 New Bridge Rd, Singapore 059398.

Bullionstar Products and Services

Bullionstar has an e-commerce website where clients can buy precious metals. In the website, it shows that the company offers gold, silver, platinum and palladium.

The products come in coins and bullion bars. Apart from selling products, Bullionstar is interested in buying precious metals from its clients.

As for IRA services, Bullionstar does not have its own IRAs. However, it is partnered up with IRA Club.

This means that the IRA fees will depend on it, which is why there are no information on this in the Bullionstar website.

Bullionstar offers vault storage services in Singapore and New Zealand.

The company also has an affiliate program where you can earn money whenever you refer clients to them. (IRA gold and silver can’t be stored outside of the U.S., however.)

How to get started?

Clients can avail Bullionstar's services through its e-commerce website. They only need to create an account on the website then they can add products to their cart.

Another way is to visit Bullionstar's physical address in 45 New Bridge Rd, Singapore 059398.

Bullionstar Ratings and Reviews (2022)

2022 UPDATE: As of Februrary 2022, below are the ratings and reviews of Bullionstar:

  • Google - 4.9/5 rating with 2630 reviews
  • Trustpilot - 4.9/5 rating with 207 reviews
  • Facebook - 4.9/5 rating with 1356 reviews

As you can see, Bullionstar has great ratings and reviews from these websites. However, it is not rated by BBB, BCA or Trustlink, which are important.

In fact, most of its competitors are present in these websites. This does not mean that Bullionstar is bad, though. Clients are satisfied with the company's services, based on the existing reviews.

If you are looking for a gold IRA company with top ratings and reviews, you might want to check out our first choice here.

Bullionstar Pros and Cons

Pros

  • Wide variety of products and services
  • Good for storage and buying precious metals
  • Impressive ratings and reviews
  • Website is very helpful
  • Can order online
  • Has very good customer service and satisfaction

Cons

  • Lacks ratings and reviews from various websites
  • Does not offer own IRA services

Is Bullionstar a scam?

For the conclusion of this Bullionstar Review, it is time to answer this question.

Bullionstar is not a scam. It is a legitimate company that provides good services and products. Moreover, a lot of clients shared that they love the company.

Plus, the fact that it is in Singapore, makes it a very good place to buy and store precious metals since the country is a protected environment and has no required documents and taxes.

(This won’t work if you are set on putting your physical gold and silver into an IRA to take advantage of the tax benefits. If that’s the case, check out this company.)

The only downside it has is the lack of reviews from important websites such as BBB. And if you prefer working with a company that has its own IRA services, Bullionstar is not the one for you.

You can always check out my top recommendation below to find the best precious metals in the industry today.

Thank you so much for reading my Bullionstar Review! If you have any comments or questions, feel free to leave them in the comments section.

Check out my other reviews here!

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