APMEX Review (American Precious Metals Exchange)

APMEX Ratings at a Glance

APMEX follows a market-driven pricing model, updating prices in real time based on the current spot price of gold, silver and other metals. The platform does not charge commission fees but profits from the spread between buying and selling prices.

Orders over $199 ship for free, while smaller orders carry a $9.95 shipping fee. One downside is that credit card and crypto payments incur a 4% surcharge, which can be avoided by paying through bank wire, check or ACH transfer (with a 4% discount).

For Gold IRAs, APMEX requires a $2,000 minimum purchase, with storage fees starting at $15 per month for portfolios under $25,000.

APMEX offers one of the industry's most diverse inventories of precious metals. Investors can purchase physical metals, enroll in a Precious Metals IRA or invest digitally through OneGold.

Gold & Silver IRA

For retirement investors, APMEX partners with trusted IRA custodians to help users set up a Gold IRA. Eligible metals include:

• Gold with 0.995+ purity (except U.S. Gold Eagles)
• Silver with 0.999+ purity
• Platinum and Palladium with 0.9995+ purity

Physical Metals

APMEX offers a massive selection of bullion coins and bars, including:

• Gold & Silver Coins: American Eagles, Canadian Maple Leafs, South African Krugerrands
• Gold & Silver Bars: PAMP Suisse, Valcambi, Perth Mint bars
• Palladium and Platinum Bars and Coins

They also offer numismatic collectibles, rare coins and international currency for collectors.

APMEX provides various investor-friendly tools to enhance the buying and selling experience.

One standout feature is AutoInvest, which allows investors to set up recurring purchases at intervals of their choosing – ideal for dollar-cost averaging. Another unique feature is The Bullion Card, a Visa credit card that rewards purchases with gold or silver.

APMEX also offers OneGold, a digital precious metals investment platform on which investors can buy, sell and trade gold – and silver-backed digital assets without needing physical storage.

APMEX’s U.S.-based customer service team is available via phone, live chat and email. The call center operates Monday through Thursday from 8 a.m. to 8 p.m. EST and Friday from 8 a.m. to 8 p.m. EST.

Customer feedback is generally positive, but some users report slow response times for returns and buyback inquiries.

The APMEX website is easy to navigate, with clear pricing, product descriptions and an intuitive checkout process. Signing up is quick, and the platform offers real-time price tracking, making it ideal for active investors. However, the buyback process can be slow, frustrating users looking for quick liquidation.

APMEX offers several unique benefits that separate it from other metal dealers. The APMEX Club rewards program provides exclusive discounts and promotions based on purchase volume. Additionally, OneGold allows users to invest in digital precious metals, a more convenient alternative to storing physical gold.

APMEX takes security seriously, offering fully insured shipments, secure payment processing and SSL-encrypted transactions. The company holds an A+ rating from the Better Business Bureau (BBB) and has been in business for over two decades. Its storage partner, Citadel, provides secure vault storage for customers who prefer not to keep their metals at home.

APMEX is a top-tier precious metals dealer with one of the most extensive inventories available. Its pricing transparency, AutoInvest feature and IRA options make it a strong investor choice. While buyback prices can be lower than expected and credit card fees are higher, its reputation, security and customer service make it one of the best in the industry.

APMEX vs. Competitors

APMEX stands out for its AutoInvest feature, digital gold platform and Bullion Card, which most competitors don’t offer. While JM Bullion offers cheaper pricing, APMEX provides more features and a broader selection.

Frequently Asked Questions