Money Metals Exchange Reviews: Are They Legit in 2024?

We may earn a small commission from the companies mentioned in this post. This article is for informational purposes only and does not constitute financial advice.

In the world of precious metals, finding a reputable dealer to buy from is essential. Money Metals Exchange is one such dealer that has become a popular choice for many investors.

This comprehensive review will cover everything you need to know about the company, its products, and its services, providing insights into whether it's the right choice for your precious metals investments.

Before we dive in, if you're looking to invest in precious metals, we've narrowed down our list to the top 7 companies for 2023 - see if Money Metals Exchange made our list:

Top 7 Gold IRA Companies for 2023

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money metals exchange logo in gold, black and white

What is Money Metals Exchange?

Money Metals Exchange (MME) is a well-established precious metals dealer founded in 2010.

Based in the United States, MME provides a wide range of precious metals products, including gold, silver, platinum, palladium, and rhodium.

The company's goal is to make the process of buying, selling, and storing precious metals as straightforward and affordable as possible, offering competitive prices and exemplary customer service.

Is Money Metals Exchange Reputable?

MME has built a solid reputation in the precious metals industry. They have thousands of satisfied customers and have been featured in various media outlets, such as Forbes and Business Insider. Moreover, MME has an excellent rating with the Better Business Bureau (BBB) and minimal complaints, which speaks to its credibility and reliability as a precious metals dealer.

Do They Sell Real Gold and Silver?

Yes, Money Metals Exchange sells real gold and silver, along with other precious metals. MME sources its products from reputable mints, refineries, and distributors, ensuring the authenticity and quality of the metals. All products undergo rigorous testing and are accompanied by a certificate of authenticity.

MME Starter Kit

The MME Starter Kit is a beginner-friendly package designed to introduce new investors to the world of precious metals. The kit includes a mix of gold and silver coins and bars at a discounted price, allowing investors to start their precious metals portfolio at a lower cost. The kit offers an excellent opportunity for those looking to test the waters before making larger investments.


Money Metals Exchange offers a wide selection of gold products, including coins, bars, and rounds. Some popular gold options available at MME are:

  1. American Gold Eagle
  2. Canadian Gold Maple Leaf
  3. South African Gold Krugerrand
  4. Austrian Gold Philharmonic
  5. Gold bars from various mints


MME also provides a diverse range of silver products, including coins, bars, and rounds. Some popular silver options available at MME are:

  1. American Silver Eagle
  2. Canadian Silver Maple Leaf
  3. Austrian Silver Philharmonic
  4. Australian Silver Kangaroo
  5. Silver bars from various mints

Other Precious Metals They Sell

In addition to gold and silver, Money Metals Exchange offers other precious metals, such as platinum, palladium, and rhodium. Some popular products in these categories include:

  1. Platinum: American Platinum Eagle, Canadian Platinum Maple Leaf, and platinum bars.
  2. Palladium: Canadian Palladium Maple Leaf, palladium bars, and rounds.
  3. Rhodium: Baird & Co. Rhodium bars.

MME Precious Metals IRA

free gold investing kit

Yes, Money Metals Exchange offers a Precious Metals IRA, allowing investors to include eligible gold, silver, platinum, and palladium in their retirement accounts. MME works with top IRA custodians and storage facilities to ensure a seamless experience for their customers.

How Does Their IRA Work?

A Precious Metals IRA with Money Metals Exchange functions similarly to a traditional IRA, but it allows for the inclusion of physical precious metals. Here's how the process works:

  1. Choose a custodian: Select an approved IRA custodian to administer your account. MME can help you find a suitable custodian if needed.
  2. Fund your IRA: Transfer funds from an existing IRA or 401(k), or contribute new funds to your Precious Metals IRA.3. Select your metals: Choose from MME's wide selection of IRA-approved precious metals, including gold, silver, platinum, and palladium.
  3. Store your metals: MME works with various storage facilities, such as the Delaware Depository and Idaho Armored Vaults, to securely store your precious metals. Your custodian will handle the logistics of storage and any associated fees.
  4. Manage your investments: Monitor and adjust your precious metals holdings within your IRA as needed, with the help of your custodian and MME.

How to Set up a Gold IRA

Setting up a Gold IRA with Money Metals Exchange is a straightforward process:

  1. Choose a custodian: Select an approved IRA custodian to manage your Gold IRA. MME can assist you in finding the right custodian.
  2. Fund your IRA: Rollover funds from an existing IRA or 401(k), or contribute new funds to your Gold IRA.
  3. Purchase gold: Choose from MME's selection of IRA-approved gold products, such as coins and bars.
  4. Arrange storage: Your custodian will coordinate with a secure storage facility to store your gold investments.
  5. Manage your investments: Keep track of your gold holdings and make adjustments as needed.

Additional Services Offered by MME

Besides the core offerings, Money Metals Exchange also provides a variety of additional services to cater to the diverse needs of precious metals investors:

  1. Buyback Program: MME offers a buyback program, allowing customers to sell their precious metals back to the company at competitive rates. This service provides investors with an easy and convenient way to liquidate their assets when needed.
  2. Monthly Savings Plan: MME offers a monthly savings plan, enabling customers to invest in precious metals on a regular basis. The plan allows for automatic purchases of gold, silver, or other metals at predetermined intervals, helping investors build their portfolios over time without the hassle of monitoring the market constantly.
  3. Storage Services: For investors who prefer not to store their precious metals at home, MME offers storage services in partnership with secure storage facilities, such as the Delaware Depository and Idaho Armored Vaults. These facilities provide a high level of security and insurance coverage, ensuring that your investments are well-protected.
  4. Educational Resources: MME is dedicated to educating its customers about the benefits of investing in precious metals. The company provides a wealth of resources, including articles, podcasts, and videos, to help investors make informed decisions.
  5. Market Alerts and Price Notifications: MME offers market alerts and price notifications, helping customers stay informed about the latest market trends and price movements. This service can be particularly useful for investors looking to capitalize on market fluctuations and execute timely trades.

Should You Invest in Precious Metals?

Investing in precious metals can be an excellent way to diversify your investment portfolio, hedge against inflation, and protect your wealth during economic uncertainties. However, like any investment, precious metals come with their risks and should be carefully considered as part of a well-rounded investment strategy.

Money Metals Exchange BBB Rating and Complaints

Money Metals Exchange has an A+ rating with the Better Business Bureau (BBB), reflecting its commitment to customer satisfaction and ethical business practices. Although some complaints have been filed against MME, the company has resolved most of them to the satisfaction of the customers. Overall, the positive reviews and low number of complaints indicate that MME is a reliable and trustworthy dealer.

Money Metals Exchange Lawsuit?

There is no evidence of any significant lawsuits against Money Metals Exchange. The company has maintained a strong reputation and has not been involved in any legal issues that would raise concerns for potential customers.

Pros and Cons

  • Reputable company with an excellent BBB rating
  • Wide selection of precious metals products
  • Competitive pricing and low premiums
  • Precious Metals IRA options available
  • Helpful customer service
  • Limited international shipping options
  • Storage fees for Precious Metals IRA may be higher compared to other providers

Money Metals Exchange is a reputable and reliable precious metals dealer that offers a wide range of products, competitive prices, and excellent customer service. With a strong BBB rating and thousands of satisfied customers, MME has proven itself as a trustworthy option for investors looking to buy, sell, or store precious metals.

While the company does have a few drawbacks, such as limited international shipping options and potentially higher storage fees for Precious Metals IRAs, these issues are relatively minor when considering the overall benefits of working with MME.

In conclusion, Money Metals Exchange is a solid choice for anyone looking to invest in precious metals. Whether you're a seasoned investor or just starting, MME's diverse product offerings, professional service, and Precious Metals IRA options make it an attractive option for your precious metals investments.

Interested in buying physical gold and silver, or starting a precious metals IRA? We recommended starting your search with Goldco - get started with their free investing kit below:

Mitt Wilson

About the author

Mitt Wilson has a background in journalism and has been writing about investing for more than two decades. In his free time he enjoys spending time with his wife, touring the United States, and golfing.

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