Provident Metals Review

WebsiteFeesBBB RatingTrustlink Rating
Unknown B0

Provident Metals is a trading organization with headquarters in Lavon, Texas. It has provided investors with precious metals since the year 2008, and it is accredited with the Better Business Bureau, with an overall B score on the BBB site. Potential clients may find it interesting to note that the firm does not have a score available on the BCA site or on the TrustLink website. That could seem suspicious, especially since those websites are designed to give consumers vital feedback on how companies carry out their business. An accurate Provident Metals review will take into account the fact that there are wide varieties of copper, silver, gold, platinum, and palladium products available for purchase. Numerous different brands of coins and bullions can be purchased and the items are guaranteed to ship safely within the United States and Canada.

Many investors have reported that the company’s site was easy to navigate and figure out, and that the order placement page was simple and straighforward. The prices are competitive and customers will enjoy working with special bulk rates when buying large orders of bullion. Though currently the company only ships to the US and Canada, all the packages are 100 % insured for extra peace of mind. There is a limit of US$1,500 on online orders paid with credit cards, but many customers are likely to consider it a plus to deal with a precious metal business that accepts takes credit cards.

The selection could very well be the most striking feature of the company, as their site includes a great number coins as well as other articles of bullion. This enormous selection can be an excellent place to browse through for new and experienced investors alike, as there are many options with which to work. On the other hand, this substantial catalog may feel overpowering and daunt some new traders.

Much like any other precious metal trading organization, all the services on their site can be paid for through several different means. Clients can complete an order with money orders, bank wires, personal checks, cashier checks, debit or credit cards. All of these are acceptable payment alternatives, though they can be subject to limitations depending on the minimum and maximum order sizes.

If you pay by bank wire, you will need to back up the order with funds within three to five days or the order will be cancelled. This option is only available for orders that are over two thousand dollars. A paper check can encompass a variety of payment methods, including personal check, cashier check, or money order. There is no minimum amount on such a method of payment, however, the paper check is only an option for orders worth US$20,000 and under. If you plan on paying this way, bear in mind that your check will be held for 6 days in order to ensure that the appropriate funds are appropriately processed. Finally, for traders who would like to pay with their credit or debit cards, this option comes with its own limitations. You will pay upwards of four percent more per order because of credit card processing fees, but this approach is more secure for smaller orders. When paying by this method, clients can expect that their products will ship in three to 5 business days.

Because of the nature of the trading process, Provident Metals takes additional steps to ensure the security of their packages. All of them are shipped discreetly by UPS and FedEx, and the ones over US$50 require a signature upon delivery.

This company is accredited by the Better Business Bureau (BBB), and they have consistently maintained their outstanding score since their accreditation. However, the BBB site has 37 complaints about the firm and its business practices. This is an especially high number for a precious metal trading business. While the the organization supposedly highlights security and safety in their delivery methods, over fifty percent of the complaints were stressed problems that had occurred with deliveries. This might appear as a particularly negative sign. The second biggest reason for the complaints related to customer dissatisfaction with the products themselves. Additionally, their lack of formal ratings on TrustLink and the BCA may raise red flags in potential investors.

Four complaints have also been recorded on the Ripoff Report site, accusing the unethical practices. Although the reviews portray the company’s reputation favorably, some investors may be interested to know that neither the site nor the organization have been the subject of any lawsuits or government actions since their creation.

The corporation can be regarded as a potential trading solution for people looking to work with an array of precious metals. Due to the numerous products, however, the solutions may be more appropriate for seasoned traders who want to diversify their portfolios with a broader gamut of coins and general articles of bullion. For an investment venture that provides exclusive alternatives for both experienced and beginning clients, however, an outstanding business to work with is Regal Assets. Visit their website: regalassets.com.

Upon entering the Regal Assets site, many customers will enjoy working with the user friendly interface. It features many options that can allow clients to buy bullion and coins in precious metals such as gold, silver, platinum, and palladium. Another primary point of interest is the vast amount of information to help potential clients get acquainted with the current gold investment process and environment. Price charts and informative graphs can help investors make more educated decisions about their acquisitions, while a news page can keep them up to date on the hottest developments in the trading market. All of the information offered on the website meant to make sure new clients enjoy a gratifying trading experience, with advice available every step of the way.

Our Recommendation

regal

 

BBB: Rating of A+, 1 complaint with BBB in last 3 years | 0 in last 12 months

Inc 500 Magazine ranked them number 20 out of 6 million Financial Service Providers in America.

TrustLink:  shows an A-rating with 422 documented endorsements from customers.

 

Read other reviews of Gold IRA Dealers