Welcome to my Oxford Gold Group Review!
(UPDATED JUNE 2023)
To ensure yourself that you will not be scammed, it is very important to do your research. I commend you for taking the initiative to check out Oxford Gold Group first before making deals with them.
What is it? What are its products? Is it legit? You will finally have the answers to these questions by reading this Oxford Gold Group review.
Without any further ado, let's get started.
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Oxford Gold Group Review Quick Summary
Name: Oxford Gold Group
CEO: Jonathan Adler
Price: Varies depending on your investments
If you have plans on investing in precious metals, you can easily get a hold of them today, because most dealers operate online.
However, this also increases the chances of you being scammed. So, you should be extra careful. Make a careful research on each dealers you are eyeing on.
If you want to read my review on the BEST RATED precious metals firm, click here.
What is Oxford Gold Group?
Oxford Gold Group is a precious metals dealer and IRA provider based in Los Angeles, California.
It was established in 2017 by veterans of the industry with over 20 years of experience dealing with precious metals.
This started when the founders were disappointed by companies that charged large amounts of commissions.
Thus, they created Oxford Gold Group to offers services and products to gold investors with affordable costs.
Oxford Gold Group Products and Services
Oxford Gold Group offers to main services for its clients: precious metals for investments and Individual Retirement Accounts.
For those who are only looking for precious metals, Oxford Gold Group sells gold, silver, platinum and palladium, in forms of bars and coins.
Some of their products include the following:
- 2013 Gold Canadian Polar Bear 1/4 oz
- 1 oz Gold Bar, 10 oz Gold Bar
- America The Beautiful Silver Coin 5 oz
- PAMP Suisse Silver Bar 1 kg, 100 oz
- Platinum Austrian Philharmonic 1 oz
- Platinum Bar 1 oz
- Palladium Canadian Maple Leaf 1 oz
- Palladium Bar 1 oz
Oxford Gold Group's website has a product catalog that shows all of the precious metals they are offering. However, they don't show the current prices of the products.
If you wish to find out how much they cost, you need to contact Oxford Gold Group. The same process should also be following if you want to purchase precious metals from them.
This is because Oxford Gold Group does not allow online purchases, unlike other companies, wherein clients can add products to their cart and proceed to their payment.
Oxford Gold Group IRA services
Other than selling precious metal products, Oxford Gold Group offers precious metal IRA services. This is a self-directed IRA in which you invest in IRA-eligible precious metals.
It has the same rules as the traditional IRA in terms of distribution and contribution limits. However, to open up an precious metals IRA, you need the help of an authorized and dedicated precious metals IRA company.
Having a precious metals IRA is good for diversification of your investment profile, it gives tax benefits, it allows you to own physical assets, and it provides growth potential.
With this, Oxford Gold Group offers IRA-eligible precious metals, that the IRS also approves.
The company ensures that the transactions are made easier and faster. Moreover, Oxford Gold Group has specialists who can help clients with choosing the best precious metals for their IRAs. They are given investment plans that are specifically formulated for them.
IRA services are offered by Oxford Gold Group's partner IRA custodians: Equity Institutional and STRATA.
As for its storage options, Oxford Gold Group is partnered with Brinks Global Services and Delaware Depository.
How to get started?
Oxford Gold Group made sure that the process of IRA rollover and opening an account is simple. To start, you need to give them a call and a representative will assist you with your application.
Once the application is complete, he/she will send you a form where you need to put your signature and identification copies or documents.
By the time the company will receive your money and paperwork for funding your IRA, your account will be activated immediately.
However, if you already have an IRA or 401(k), this calls for a rollover. It is basically the transfer from your old account to your new account, which is with Oxford Gold Group.
For this. Oxford Gold Group will contact your old IRA custodian to commence the fund transfer to your new account.
The company is also happy to help you with choosing the right precious metal products for your account.
Oxford Gold Group Costs
There are various fees that you need to pay for when you open an IRA with Oxford Gold Group.
Below are the fees charged to its clients.
No shipping fees charged to clients
Annual Account Maintenance Fees
Oxford Gold Group's maintenance fee structure is annual and flat. This is because the company's products and services are standardized, thanks to its partnership with the two IRA custodians, STRATA and Equity Institutional.
Clients with large accounts are qualified for rebates to reduce maintenance fees. Again, the amount of rebates depend on the size of the account.
Oxford Gold Group Educational Resources
Oxford Gold Group's website is also rich in educational resources that provide a lot of information to their clients regarding precious metals and IRA investments.
In fact, Oxford Gold Group has an IRA kit, containing information about how to effectively and properly own an IRA.
Oxford Gold Group FAQs
Yes. When you order precious metals from Oxford Gold Group, they will update you on the buying and shipping process.
Moreover, when they reach the depositories, you will receive monthly updates on your investments and account.
You can rollover various types of IRAs with Oxford Gold Group. Some of these are the following:
- ROTH IRA
- Thrift Savings Account
- SEP IRA
- Traditional IRA
- SIMPLE IRA
Yes you can. However, there are a lot of security concerns, especially if they are stolen. Your homeowner's insurance will not cover your precious metals too.
Moreover, precious metals in an IRA are not supposed to be stored at home, as per the IRS regulations.
Similar to all kinds of investments, precious metal IRAs also have risks, and they may rise and fall.
Investment professionals advice to look at precious metal investments in a long-term approach.
Oxford Gold Group Ratings and Reviews
Below are the ratings and reviews online of Oxford Gold Group.
- BBB - A+ rating and BBB accredited, 4.93 out 5 rating based on 89 reviews
- Trustpilot - 4.9 rating out of 5, based on 181 reviews
- ConsumerAffairs - 4.8 rating out of 5, based on 69 reviews
Overall, the ratings and reviews of the company is good. But compared to other companies, Oxford Gold Group lacks ratings and reviews from other websites.
Click here to check the list of top precious metal companies with outstanding ratings and reviews.
Oxford Gold Group Pros and Cons
Is Oxford Gold Group a scam?
For the conclusion, let's answer this question. Oxford Gold Group is not a scam. It is a legitimate precious metals company with good products and services.
Moreover, the owners are veterans, meaning they know how the industry work.
The costs are competitive, plus, there are no shipping fees for the clients. The ratings and reviews are good, but are still not enough compared to the other companies.
If you wish to know the best company today, check out my top recommendation below.
Thank you so much for reading my Oxford Gold Group review. If you have any comments or questions, feel free to leave them in the comments section.