Best Goldco Alternatives – Top 4 Competitors Worth Checking

Updated June 3, 2024

The following article contains affiliate links, which means that if you click on one of the product links and make a purchase, we may receive a commission.

Goldco is, no doubt, the most preferred gold IRA company out there currently. However, we strongly believe in giving our readers the freedom to make choices after exploring the different options available out there. This guide discusses the various Goldco alternatives that one can consider if, for some reason, Goldco fails to meet the cut.

#1

American Hartford

American Hartford Gold specializes in helping clients diversify their investment portfolios by offering gold, silver, and platinum products for direct delivery or within retirement accounts.

5 of 5 stars

#2

Birch Gold Group

Birch Gold Group is a reputable precious metals dealer that helps individuals protect and diversify their wealth by offering gold, silver, platinum, and palladium products, including precious metals IRAs.

4.5 of 5 stars

#3

American Bullion

American Bullion specializes in converting existing retirement accounts into self-directed IRAs backed by physical gold, silver, and other precious metals, offering a secure way to diversify and protect wealth.

4.5 of 5 stars

#4

Oxford Gold Group

Oxford Gold Group is a precious metals company that offers gold, silver, and other precious metals for direct purchase and self-directed IRAs, helping clients diversify and protect their investment portfolios.

4.5 of 5 stars

The Best Alternatives for Goldco in 2024

In summary, the following are the companies that are often considered as substitutes for Goldco in the precious metal IRA space.

1. American Hartford Gold


American Hartford Gold is a good replacement for Goldco especially if you’re looking for a company that allows you to start with a small cap account. The minimum amount needed to start an account here is $5,000 which is significantly below Goldco’s $25,000.

Besides that, American Hartford Gold is known to offer a diverse selection of precious metals ranging from gold, silver, to palladium, and platinum. Some of the popular products on their menu include American Eagle, Canadian Buffalo, and Saint Helena Sovereign Gold among others.

Just like GoldCo, this company supports IRA rollovers. An application fee of $230 is charged along with a $200 annual fee that is meant specifically for custodial services as well as insurance services. That said, if you’re an investor with a large sum of money you can have some of those fees waived.

Pros

  • Reasonable initial minimum deposit amount
  • Buyback commitment
  • Basic fees waived for large accounts
  • Free consultations offered
  • Supports IRA rollovers

Cons

  • Fees are hidden, it takes a bit of digging to find them
  • $10,000 minimum for gold IRAs

2. Birch Gold Group


This is yet another top company worth considering especially if you’re looking to diversify your retirement portfolio. Founded in 2003 in California, this company has over two decades of experience and a solid reputation to boot.

One thing we like about them compared to Goldco is that they allow for a minimum IRA investment of $10,000. While that might still seem high for most first-time investors, it really falls within the industry average – and that is a good thing at least for most people.

To set up an account here you will need to part with a $50 initial set up fee. That’s alongside an extra $200 worth of charges (charged per year) for account maintenance, storage fees, and custodian management services. 

It is worth noting that this company charges flat rates and this tends to favor investors with large-sized accounts.

Pros

  • Over 2 decades of experience
  • Flat-rate fees for simplicity
  • Wide variety of precious metals
  • Great customer support
  • A+ rating on BBB

Cons

  • They don’t publish real-time prices of their products
  • Limited depository options

3. American Bullion


At the height of the 2008 economic crisis, a precious metal IRA was founded – just in time to help small-scale investors ward off the risks of high inflationary pressure. That company is none other than the American Bullion.

This company is known for having simplified the process of setting up a gold IRA. To this date, it continues to lead the charge as platform that offers trailblazing services to individual investors.

One good thing with this precious metal IRA company is that it has reasonable set up requirements. For instance, it does not have a minimum account limit although they recommend $10,000 as the bare minimum for a rollover.

What’s more, the company waives all the basic charges i.e., storage and custodian fees, for the entire first year of maintaining the account. How cool is that?

Small qualms with this otherwise good company would be that their customer support isn’t available in real-time and their educational materials need a bit of sprucing up. Other than that, this is a fantastic replacement for Goldco.

Pros

  • Reasonable account starting requirements
  • Account fees are waived for the first 12 months
  • Low gold bar spread
  • High ratings on BBB
  • Generous precious metal buyback program

Cons

  • Customer service has room for improvement
  • Biased educational materials

4. Oxford Gold Group


If you ever asked a group of seasoned precious metal IRA experts to list down their most preferred companies, the name Oxford Gold Group is likely to keep coming up consistently. Why so? Because they have competitive prices and are known for treating their customers like royalty. However, they do also have their fair share of bad sides – more about that in a few.

The company offers a wide range of precious metals starting from gold to silver, platinum, and even palladium. Their inventory comprises both coins and bars. Most of their coins come from mints in USA, Canada, The UK, Austria, and Australia and meet the highest possible standards.

What about their fees? Well, the company requires a minimum investment amount of $7,500 – which is really one of the lowest requirements we have come across so far. Other than that, they do charge a $175 fee for accounts below $100,000 and $225 for accounts above $100,000.

Pros

  • Competitive pricing structure
  • Wide variety of coins and bullion
  • Highly professional customer service team
  • Free investment guide available
  • Easy account set up process

Cons

  • Fee structure only available on request
  • No remote tracking of investment online

What Factors Should You Consider When Choosing an IRA Company?

Choosing the ideal IRA company can be complicated especially in a sea full of firms offering competitive deals. However, before you settle for any company, make sure you stick to the following as your bare minimum requirements: 

  • Large number of positive reviews
  • Iron-clad buy-back program
  • The existence of an investor education guide
  • Uncompromising, trained customer support
  • Competitive fees & reasonable terms

As usual, before you make any major financial decision, it is always advisable to talk to a licensed financial advisor.

Conclusion

GoldCo remains perched atop the market as the go-to precious metals IRA firm for most people. However, some of their terms may not work for some – especially their $25,000 minimum account deposit requirement.

For that reason, it makes a lot of sense to consider working with the alternatives some of which include American Hartford Gold, Birch Gold Group, American Bullion, and Oxford Bullion Group among others.

Remember, choosing the right IRA company is important for your long-term financial wellbeing and stability.

Jerry Garnes

Follow me here

About the Author

Jerry Garnes is a seasoned writer in personal finance. His informative and insightful pieces have been featured by esteemed platforms like Bankrate, The Street, and Business Insider. In addition to his financial expertise, Jerry is a passionate poet and musician with a deep love for nature.

Related Posts


Best Gold Storage Companies – List of The Top 5

Best Gold Storage Companies – List of The Top 5

How Does Inflation Affect Silver Prices

How Does Inflation Affect Silver Prices

Understanding IRA Approved Silver for Your Retirement Portfolio

Understanding IRA Approved Silver for Your Retirement Portfolio