Welcome to my "What Is Lexi Capital?" review!
(UPDATED AUGUST 2022)
Did you just discover Lexi Capital when you were on the search for a great company to purchase precious metals from this summer?
Well, let me be of service to you and lend a hand in deciding whether they are a legit company or not! I shall give you almost everything you need to about the company. What is Lexi Capital? Here are the answers.
Lexi Capital Review Quick Summary
Name: Lexi Capital
Founder: UCLA Graduates
Price: Varies depending on your investment
Rating: 4/5
More...
What is Lexi Capital?
Lexi Capital is an investment company that specializes in providing precious metals to investors.
This U.S.-based company was founded by a group of UCLA graduates who are into investing, with the aim to help people understand more about investments. Moreover, when they were building the company, they had their eyes set upon precious metals.
They believe that investing in precious metals are very good for an investor's portfolio, especially when it comes to protection.
Lexi Capital Products and Services
When I check out a precious metals firm's products and services, I always visit its website to see it is transparent. Some has a product catalog with prices, while others do not include the prices of each product.
However, when I visited Lexi Capital's website, there was not enough information about its products. There is no product catalog. The only way to find out about their complete selection of precious metals is to give them a call...
Furthermore, Lexi Capital's most popular service is the Gold Assurance Plan which features a return policy for gold coins that is valid for 6 months.
Basically, it alleviates and addresses price fluctuations occurring in a short period of time. Most of the time, retail customers get a hold of this. Also, the company values education, that is why it also helps its clients get more information on investing.
Lastly, Lexi Capital does offer IRA services with its main custodian, Self-Directed IRA Services Inc. Speaking of partners, Lexi Capital's preferred storage provider is Delaware Depository.
Lexi Capital Prices and Fees
Like I said earlier, there is not much information about its products and their prices. However, I managed to discover Lexi Capital's IRA fees. Here they are:
Fee | Price |
|---|---|
Annual Storage Fees | $100 |
Initial Set up fees | $80 |
Annual Admin Fees | $95 |
Minimum purchase amount | $5000 |
How to get started?
Since Lexi Capital does not have an e-commerce website, clients can shop for precious metals online. They have to contact the company and let them know that they are interested in buying.
As for the IRA services, you can see the 3-step process below.
Lexi Capital Ratings and Reviews (Updated August 2022)
Lexi Capital has great ratings but it still has limited or a few reviews from clients, compared to other precious metals firms out there. Here are the ones that I found so far.
- BBB - A+ rating and BBB accredited
- BCA - AAA Rating (still zero reviews as of August 2022)
- Trustlink - 5-star rating based on 3 reviews (As of August 2022)
Lexi Capital Pros and Cons
Pros
- Offers education
- Has IRA services
- Offers precious metals
- Good ratings
Cons
- The website has little information
- Not much reviews
Is Lexi Capital a scam? - Final Verdict
To conclude this review, it is time for the final verdict. First and foremost, Lexi Capital is not a scam. It is a legit precious metals company with great services.
However, if we compare it to other precious metals companies, Lexi Capital comes short when it comes to its website and reviews. It does not provide much in its website, even if they claim that they value education and information.
Plus, it lacks reviews, which does not really help because we don't know how it deals with its customers. So if you prefer to deal with a company that has everything, including what Lexi Capital is lacking, then check out my top recommendation below.
Thank you so much for reading my "What Is Lexi Capital?" review! If you have any comments or questions, feel free to leave them in the comments section.