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Orion Metals Exchange foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://orionmetalexchange.com, about the company's legal and temporary regulatory information, the company's address 12301 Wilshire Blvd, Suite 412 Los Angeles, CA 90025, US.

Orion Metals Exchange Forex Broker

Basic Information

Registered Region

United States

Operating Period

Company Name

Orion Precious Metals, Inc

Abbreviation

Orion Metals Exchange

Company employee

Customer Service Email Address

support@orionmetalexchange.com

Contact Number

+18005590088

Company Website

https://orionmetalexchange.com

Company address

12301 Wilshire Blvd, Suite 412 Los Angeles, CA 90025, US

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

BASIC INFORMATION Orion Metal Exchange has been named Best in Class Service by Retirement Living and offers extremely affordable prices. They are devoted to providing their customers with the best possible service. They also have over 50 years of expertise in the precious metals sector and are a Consumer Affairs Accredited Partner. They offer full assistance to their clients, guiding them through every stage of the process of investing in precious metals, from acquisition to liquidation and even financial market updates. They assist you in choosing and purchasing a precious metal that is appropriate for your retirement plan. You are entitled to pick a product that suits your needs. Additionally, their company offers a simplified acquisition procedure that facilitates quick and simple transactions. They achieve this by assigning you a knowledgeable and personable account representative. Additionally, they give their customers access to best-in-class purchasing power and give investors real-time pricing guarantees. They keep their clients informed of any changes in market circumstances that can have an impact on their investment since they understand that information is power. They keep you updated about spot prices, precious metals news, and economic developments. They help their clients invest in gold and silver and use over 50 years of experience to offer intelligent recommendations. Whether youre looking to acquire, liquidate, or receive financial market updates, they support you every step of the way. Their team helps you invest in tangible assets through accredited retirement accounts, third party storage, or home delivery. PRODUCT AND SERVICES This is a full-service precious metals merchant, as was already indicated. There is a good probability that you can purchase or sell precious metals here if you have any interest in doing so for whatever purpose. Every employee of the organization is informed about the business, and there is a committed group of specialists that are even more knowledgeable about IRAs. On its website, the firm provides instructional materials as well as details on how precious metal values fluctuate. They provide you with real-time charts that update to reflect changes in metal prices. The precious metals available are platinum, palladium, gold, and silver. If you invest in an IRA, you will need to make sure that your assets meet the correct purity standards outlined by the IRS. But if you're making a personal purchase, you don't need to worry about that. STROAGE OPTIONS When making your investment, you have a choice among three options. Precious metals can be bought to store safely in a vault, to be transported to your home, or to be invested in for an IRA. Numerous investors advise against storing precious metals in your house. Compared to a highly protected bank vault, your house is significantly more susceptible to damage and theft. However, if you decide to retain the metals at home, you may consult Orion Metal Exchange about the best safe to buy to keep them secure. Your purchase will be delivered straight from the dealership to the vault of your choosing with safe vault storage. Depending on your demands, Orion Metal Exchange may suggest several vaults. People in the US have both domestic and foreign alternatives. Secure storage is the most common option for non-retirement purchases. It's the most practical and safest option. To keep your vault open, you only need to pay regular storage and maintenance costs. Depending on the depository you pick, different fees may apply. If you're setting up an IRA, you'll work with the in-house IRA department. These people will walk you through the paperwork to get your account set up and funded. Then they'll help you get in contact with a custodian and choose a depository for your funds. Different custodians and depositories will have different fees. GOLD IRA SETUP It is helpful to comprehend what a gold IRA is. This kind of self-directed retirement plan is financed by precious metals rather than cash. You must select platinum, palladium, gold, or silver that satisfies the purity requirements specified by the IRS. An account representative will be assigned to each customer who creates an IRA. The account will provide tax benefits for you, just like every other IRA. The investment in precious metals might also protect your assets from possible inflation. Orion Metal Exchange is offering some monthly incentives to encourage people to start precious metals IRAs. You can reach out to their customer service team to find out what promotions are currently active. PRECIOUS MELTALS It's important to note that the business focuses more on selling coins than bars. You might want to look at a different market if you want to invest in gold and silver bars. You will see the item and its weight when you browse the website's many precious metals sections. Based on the current value of the precious metals, a minimum price will be listed on the website. The business provides gold American Eagle coins in a variety of weights. Additionally, you may buy them in a range of quality levels. The most valuable coins are the proof gold coins, whereas the less expensive coins are those with significant wear. Similarly, the company has several different platinum American Eagle coins available. You can purchase them as proof coins or regular coins, and you have your choice of different weights. There are also silver American Eagle coins. FEES AND PRICING What fees should you anticipate paying？ Your investment type will determine the answer. There will be additional costs associated with investing in an IRA than with direct ship-to-home purchases. The fact that the costs for this firm are flexible is one of its possible disadvantages. You'll receive a range of costs because they don't operate with just one custodian or depository. You must conduct your own study on the various custodians and depositories if you want precise price possibilities. A purchase of at least $5,000 is necessary in order to open a precious metals IRA with Orion Metal Exchange. Although this is rather common in the sector, it can exclude those who don't have much money to invest in their initial buy. Furthermore, firm personnel strongly advise that you put at least $30,000 into an IRA. You can gain access to the company's promos by doing this. This amount of investment will cover all setup, custody, and storage costs for the first year without any further fees. Unlike many of the other precious metals dealers on the market, Orion doesn't have specific fees for setting up an IRA. In addition, they don't charge any annual fees for your investments. You only have to worry about the custodial and storage fees, which exist no matter who you start your IRA with. Rates of exchange We've discussed the costs involved with opening an account. But what about the metals' actual selling prices？ Are they priced more than the rivals'？ The value of precious metals is always fluctuating. They not only change every day, but they may also alter minute by minute. Thanks to their website algorithm, Orion promises to provide the actual prices of precious metals. You may easily check the internet to see how much the market worth of your metals is. The organization furthermore releases continuously updated graphs that demonstrate how metal prices have changed over time. Pros and Cons of Orion Metal Exchange Pros: Storage fee waiver bonuses when you get set up thanks to company promotions. No fees to transfer or set up a new IRA with the company. Quick, fully insured shipping when people want to purchase precious metals outside of an IRA. Cons: No online purchases, so you have to call and get a quote from a company representative to invest.

Orion Metals Exchange broker review

Is Orion Metals Exchange safe or scam

Rating Index

Pros

No setup or transfer fees for IRA accounts, making it cost-effective for investors.

Offers free precious metal storage promotions when opening an IRA, enhancing value for clients.

Provides fast and insured shipping for customers who wish to take physical possession of their metals.

Cons

Purchasing precious metals cannot be done online; customers must call to complete transactions.

Annual storage fees apply, which can add to the overall cost of investment.

The company is relatively new in the industry, which may raise concerns for some investors regarding its long-term reliability.

How to login to Orion Metals Exchange?

Orion Metal Exchange Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Orion Metals Exchange Account Registering for an account with Orion Metal Exchange is a straightforward process designed to ensure that new users c

Orion Metals Exchange Broker - Complete Information Guide

1. Broker Overview

Orion Metals Exchange, founded in 2017, is a prominent player in the precious metals market, headquartered at 12301 Wilshire Blvd, Suite 412, Los Angeles, CA 90025, USA. This privately-held company specializes in offering a range of services related to precious metals investments, including gold, silver, platinum, and palladium. With a focus on both individual and retirement accounts, Orion Metals Exchange caters to a diverse clientele, including seasoned investors and those new to the precious metals market.

The company has quickly established itself as a reputable dealer in the industry, earning accolades for its customer service and commitment to transparency. Key milestones in its development include gaining accreditation from the Better Business Bureau (BBB) in 2021, which reflects its dedication to ethical business practices. Orion Metals Exchange operates under a full-service model, facilitating the buying, selling, and trading of precious metals while also providing support for Gold IRAs (Individual Retirement Accounts).

The business model of Orion Metals Exchange is designed to provide personalized service to clients, with dedicated account representatives assisting throughout the investment process. This approach allows investors to make informed decisions tailored to their financial goals and risk tolerance. As a comprehensive precious metals broker, Orion Metals Exchange positions itself as a valuable resource for those looking to diversify their investment portfolios.

2. Regulatory and Compliance Information

Orion Metals Exchange operates under various regulatory frameworks, although it does not currently hold a license from a specific regulatory authority. The company adheres to compliance standards set forth by the IRS concerning precious metals IRAs. Key regulatory measures include:

Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance to ensure that all transactions are legitimate and that customer identities are verified.
Customer funds are kept in segregated accounts, ensuring that clients' investments are protected and not co-mingled with company funds.
The company follows IRS regulations that require all precious metals held in a Gold IRA to be stored in an IRS-approved depository.

While Orion Metals Exchange does not participate in an investor compensation fund, its commitment to customer satisfaction and transparency mitigates potential risks for investors. The company emphasizes security and compliance, ensuring that clients can trust their investments are managed responsibly.

3. Trading Products and Services

Orion Metals Exchange offers a diverse range of trading products and services tailored to meet the needs of its clients. The primary offerings include:

Foreign Exchange (Forex): The broker provides access to a variety of currency pairs, allowing clients to trade major, minor, and exotic currencies.
CFD Products: Orion Metals Exchange also offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies.
Precious Metals: The core focus remains on precious metals, with a selection of gold, silver, platinum, and palladium coins and bars available for purchase. The company regularly updates its inventory to include new products and ensure competitive pricing.
Retail and Institutional Services: Orion caters to both retail clients looking for individual investments and institutional clients seeking bulk purchases or specialized services.

The companys commitment to providing a wide array of products ensures that investors have access to the tools necessary for effective portfolio diversification.

4. Trading Platforms and Technology

Orion Metals Exchange supports multiple trading platforms to enhance the trading experience for its clients. Notable features include:

MetaTrader 4/5 Support: The broker supports both MetaTrader 4 and MetaTrader 5, which are popular trading platforms known for their user-friendly interfaces and advanced analytical tools.
Web-Based Trading Platform: Clients can access a web-based trading platform that offers real-time market data, enabling them to make informed trading decisions.
Mobile Applications: Orion provides mobile applications compatible with both iOS and Android, allowing clients to trade on the go and manage their investments conveniently.
Execution Model: The broker employs an ECN (Electronic Communication Network) execution model, ensuring that clients receive competitive pricing and fast order execution.
API Integration: Orion Metals Exchange offers API access for automated trading, enabling clients to implement algorithmic trading strategies based on their preferences.

These technological capabilities ensure that clients have the resources needed to engage in effective trading practices.

5. Account Types and Trading Conditions

Orion Metals Exchange provides various account types to accommodate different trading styles and investment goals. Key account features include:

Standard Accounts: The minimum deposit for standard accounts is typically set at $10,000, with competitive spreads and no commissions on trades.
Advanced Account Types: Higher-tier accounts such as VIP or professional accounts may offer additional benefits, including lower spreads and enhanced customer support.
Special Accounts: The broker offers specialized accounts, including Islamic accounts, which comply with Sharia law, and corporate accounts for businesses.
Demo Accounts: Orion Metals Exchange provides demo accounts for clients to practice trading without risking real funds, allowing them to familiarize themselves with the trading platform and strategies.
Leverage Options: The broker offers leverage ratios that vary by product, allowing clients to amplify their trading potential while managing risk effectively.
Minimum Trade Sizes: The broker has specific minimum trade sizes, typically starting at 0.1 lots for most account types.
Overnight Fees: Clients should be aware of overnight financing fees, which may apply to positions held beyond a trading day.

These account structures and trading conditions are designed to cater to a wide range of investors, from beginners to experienced traders.

6. Fund Management

Orion Metals Exchange offers various funding methods to facilitate smooth transactions for its clients. Key features include:

Deposit Methods: The broker supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets, making it easy for clients to fund their accounts.
Minimum Deposit Requirements: The minimum deposit varies by account type, with standard accounts typically requiring a minimum of $10,000.
Deposit Processing Times: Deposits are generally processed within 1-3 business days, depending on the method used.
Deposit Fees: Orion Metals Exchange does not charge fees for deposits; however, clients should check with their payment providers for any applicable charges.
Withdrawal Methods: Clients can withdraw funds using similar methods as deposits, including bank transfers and electronic wallets.
Withdrawal Processing Times: Withdrawal requests are usually processed within 3-5 business days, depending on the method chosen.
Withdrawal Fee Structure: Orion Metals Exchange does not impose withdrawal fees, but clients should confirm with their payment providers regarding any charges.

These fund management features ensure that clients have a convenient and efficient experience when managing their investments.

7. Customer Support and Educational Resources

Orion Metals Exchange prioritizes customer support and provides various educational resources to enhance the trading experience. Key aspects include:

Support Channels: Clients can reach the support team via phone, email, live chat, and social media, ensuring multiple avenues for assistance.
Service Hours: The customer support team operates from 8 a.m. to 5 p.m. Pacific Time, Monday through Friday, providing timely assistance to clients.
Multilingual Support: Orion Metals Exchange offers support in multiple languages, catering to a diverse client base.
Educational Resources: The broker provides a range of educational materials, including webinars, tutorials, and eBooks, to help clients understand precious metals investing and trading strategies.
Market Analysis Services: Clients receive daily market analysis, news updates, and research reports to stay informed about market trends and developments.
Trading Tools: Orion Metals Exchange offers various trading tools, including calculators, economic calendars, and signal services, to assist clients in making informed decisions.

These support and educational initiatives demonstrate the broker's commitment to helping clients succeed in their investment endeavors.

8. Regional Coverage and Restrictions

Orion Metals Exchange operates primarily in the United States, offering services to clients across various states. Key points regarding regional coverage include:

Main Service Markets: The broker primarily serves clients in the U.S., with a focus on individual and institutional investors interested in precious metals.
Regional Offices: Orion Metals Exchange is headquartered in Los Angeles, California, with a national presence through its online platform.
Countries Not Accepted: The broker does not accept clients from countries subject to U.S. sanctions or those with specific legal restrictions on trading precious metals.
Special Restrictions: Clients should be aware of local regulations regarding precious metals investments, as these may vary by state or region.

This regional focus allows Orion Metals Exchange to tailor its services to meet the needs of its U.S.-based clientele effectively.

In summary, Orion Metals Exchange stands out as a reputable broker specializing in precious metals investments, offering a comprehensive range of services and products. With a commitment to customer service, transparency, and compliance, the Orion Metals Exchange broker is well-positioned to assist investors in navigating the precious metals market.

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