Lexi Capital is one of the nation’s most rapidly expanding gold and silver IRA providers. In this review, we will evaluate their products, services, ratings, reviews, and customer complaints to determine if they are legitimate and if you should invest money with them.
Without further ado, let’s commence our Lexi Capital review.
Table of Contents
- 1 What Is Lexi Capital?
- 2 Lexi Capital Review Summary
- 3 Location:
- 4 Address:
- 5 Year Founded:
- 6 Management:
- 7 Website:
- 8 Rating:
- 9 Lexi Capital Products & Services
- 10 Lexi Capital Gold Assurance Plan
- 11 Client Education from Lexi Capital
- 12 Lexi Capital Fees
- 13 Setting Up a Lexi Capital Gold IRA
- 14 Lexi Capital Customer Service & Opening Hours
- 15 Pros of Lexi Capital
- 16 Cons of Lexi Capital
- 17 Lexi Capital Reviews, Complaints & Ratings
- 18 Lexi Capital FAQ
- 19 Is Lexi Capital Legit or a Scam?
- 20 Does Lexi Capital Allow Returns?
- 21 Does Lexi Capital Offer Discounts?
- 22 How Are Your Orders Shipped?
- 23 Lexi Capital Alternatives
- 24 Conclusion
What Is Lexi Capital?
Simply stated, Lexi Capital is a gold and silver IRA provider. It was established in 2010 to provide retirees with market insights and recession-resistant investment assets. The constantly fluctuating economy, according to the founders of Lexi Capital, makes traditional investments such as stocks and mutual funds extremely hazardous, thereby necessitating the addition of gold and silver to investment portfolios as a hedge against market fluctuations.
Lexi Capital Review Summary
Westlake Village, CA 91361-5728
Chris Mitchell (CEO)
Lexi Capital Products & Services
The company specializes in providing IRA-approved gold and silver, but it also allows investments in a vast array of alternative assets, such as real estate, limited partnerships, mortgages, trust deeds, tax liens, promissory notes, REITs, closely-held stocks, private, limited liability companies, and more. Lexi Capital collaborates with SDIRA Services Inc. to provide custody and administration services and with Delaware Depository to provide storage services.
Lexi Capital Gold Assurance Plan
Lexi Capital’s Gold Assurance Plan distinguishes them from their competitors, as the majority of precious metals firms do not offer clients protection against losses. The Assurance Plan is designed to safeguard you against market conditions that could cause precious metal prices to fluctuate. This plan provides six months of protection for gold and silver coinage up to $500 per ounce.
Client Education from Lexi Capital
Client education is essential for them to comprehend the significance of portfolio diversification with precious metals. As a result, Lexi Capital’s website features a dedicated section for frequently asked questions regarding pricing, ordering, shipping, and more. In addition, the company provides a free gold IRA kit that describes in detail how to open and profit from a precious metals IRA.
Lexi Capital Fees
Lexi Capital’s minimum investment requirement is $1500, which is significantly lower than the majority of its competitors. Below is a breakdown of the administrative, storage, and shipping costs associated with a Lexi Capital IRA.
Setting Up a Lexi Capital Gold IRA
The firm has an exclusive partnership with SDIRA Services Inc. for the establishment of precious metals-backed IRAs. The process of opening a precious metals IRA with Lexi Capital begins with acquiring and completing IRA setup forms, as it does with the majority of gold IRA companies. These documents are easily accessible on the organization’s website. After you have completed the forms and provided the necessary information, the employees at Lexi Capital will assist you with the transfer of funds and purchase of metals.
Lexi Capital Customer Service & Opening Hours
They are open from 9:00 am to 5:30 pm Eastern Standard Time (EST) Monday through Friday. You can contact customer service by phone, email, or postal mail. The company recommends contacting customer service during business hours for a speedier response, but it may take up to 48 hours to hear back from a representative in some instances.
Pros of Lexi Capital
- Low account minimums
- Offers a gold assurance plan
- Provides IRA-approved bullion
- Impressive ratings and reviews
- Offers Client Education
Cons of Lexi Capital
- Lacks a live chat support system
- Limited information about fees and costs
- Limited range of products and services compared to its competitors
Lexi Capital Reviews, Complaints & Ratings
Lexi Capital has a limited number of consumer reviews on each review platform, but the majority of these reviews are positive. Reviews on Trustlink.org and Yelp.com laud the company’s excellent customer service representatives, who have the fortitude and expertise to guide clients through the entire IRA setup procedure. Lexi Capital lacks reviews and ratings on the BBB and BCA, despite receiving A+ and AAA ratings from those organizations, respectively.
Lexi Capital FAQ
Is Lexi Capital Legit or a Scam?
Lexi Capital is a legitimate gold and silver IRA firm that has been in operation for over a decade.
Does Lexi Capital Allow Returns?
Yes, the business offers a return, refund, and exchange policy. This policy is limited to three days from the date the item was received.
Does Lexi Capital Offer Discounts?
Yes, you’re eligible for a 3% discount if you pay by check, cashier’s check, bank wire, cash, or trade.
How Are Your Orders Shipped?
Lexi Capital insures and dispatches orders via the United States Postal Service and Federal Express. Mailing shipments usually takes between 5 and 10 business days.
Lexi Capital Alternatives
Lexi Capital is a precious metals company founded in 2010 to provide alternative assets such as gold and silver to retirees and investors. Lexi Capital offers IRA-approved coins and bars in addition to a gold assurance plan and comprehensive client education. The limited selection of precious metals offered by this company is a significant drawback.