Oxford Gold Group Review
Tuesday, May 24th 2022
Choosing a company that has been around for a long time and has a large customer base would be the safe option but also involves possibly higher fees. Also, being a part of a large customer base can make it difficult to get the very best in terms of customer service. Going for a relatively smaller and younger company can be an excellent alternative in such cases and Oxford Gold Group is one such company specializing in gold and silver IRAs. Here is a closer look at this firm to see if they are a worthy option.
► Oxford Gold Group Fees
One of the unique selling points of Oxford Gold Group is its pricing model. While most Gold and Silver IRA firms charge an annual fee plus a per-transaction commission, Oxford Gold Group charges only an annual fee of $175 for accounts under $100,000 and $225 for accounts over $100,000.
For people who want to carry out many transactions in a year, it can add up. Not to mention, investing in gold and silver especially if you are looking to roll over a traditional IRA into a gold or silver IRA can be a very complicated process on its own.
Factoring in an additional fee structure will only make the entire process even more cumbersome. With this fixed-fee approach, you can rest assured that there won’t be any additional or unforeseen charges irrespective of how much or how often you buy and sell precious metals.
The downside with this pricing model is that if you are only looking to do some light investing or try out precious metals as an investment option then it can be a bit on the expensive side. If you want a hassle-free experience where you are aware of the exact costs you will incur from the very outset then Oxford Gold Group offers an attractive proposition.
► Customer Service
A big advantage of going with a smaller firm is that you will get plenty of attention and a more personalized experience. This is a great feature for someone who is new to precious metals and doesn’t want to get too involved in all the red tape.
Oxford Gold Group was founded in 2017 which means that they haven’t been around for long and like any new company, they will go the extra mile to ensure that their customers are happy and will stay with them. Most of the reviews they have received on various independent platforms confirm that Oxford Gold Group is great when it comes to their overall customer experience.
They offer one of the simplest approaches to investing in precious metals. They follow a pretty relaxed methodology. It begins with hearing the customer out to understand their needs. Then they carefully explain all the options available to them followed by clear steps on how they can buy and sell gold, silver, palladium and platinum in the form of coins and bars.
They follow a similar methodology for those looking to either start a gold IRA or roll over an existing traditional IRA into one based on precious metals. All the finer details associated with choosing the right form of the precious metals, taking care of all the paperwork, buying the precious metals, having them shipped, and safely stored in a depository will be taken care of by Oxford Gold Group.
Oxford Gold Group Ratings on Consumer Review Sites
One of the marks of a good company is the way their customers speak about their experiences with the company. While Oxford Gold Group hasn’t been around for very long, they have amassed mostly positive reviews on a number of independents platforms.
The few negative reviews out there concern one particular aspect which we will address shortly but it isn’t something that can be seen as a major impediment and is at most a minor inconvenience.
While half a decade in this business isn’t a long time, it is long enough for any firm to show its true colors. In that time, Oxford Gold Group has shown that they can take good care of their customers.
Being a young firm also means that they aren’t set in their ways and they are very keen to take care of any shortcomings to grow their customer base. The folks at Oxford Gold Group have a great track record and there are no indications that they won’t keep up their good work in the future as well.
► Good Resources
While you might think that buying gold and other precious metals might be the biggest step in this endeavor, it is actually the planning and decision-making that precedes the actual purchase that are more important. Like any investment, the key to maximizing profits is choosing the right timing and the products. Having access to all great resources will help you make all the right calls.
It is very much possible to sit down and learn all the nitty-gritty details associated with precious metals on your own. You can then analyze all the ups and downs of the market and trends in the prices of gold and other precious metals but you will soon find yourself bogged down by too much information.
Oxford Gold Group, like any good precious metals firm, does all this hard work for you. Their free guide is very informative and contains everything you need to know to take a firm and assured step into the world of precious metal investing.
They break down the entire process into three easy steps that make the otherwise complicated world of precious metals accessible for investors with different types of requirements.
They offer even more comprehensive guides and resources for their paid customers. They also provide live updates and highly informative articles on their website, all of which are very helpful from an investor’s point of view.
How to set up a Gold IRA account with Oxford Gold Group
Step 1: Open an account
Step 2: Transfer funds
Step 3: Select your precious metals
Step 4: Ship your precious metals
► Qualified And Proven Staff
A company can have the greatest motto and ideals but it can all be for naught if the people who make up that organization do not live up to it. Oxford Gold Group promises to respect all their clients’ individual needs and provide all their clients with the tools necessary to make sound financial decisions that will benefit their families for generations.
Going by what their customers have been saying, they have been living up to these promises from the very beginning. That is usually a good indicator of the qualities of a firm as a whole.
Everyone at Oxford Gold Group is motivated to give every single one of their customers a great experience. There are no annoying sales pitches to endure. The customer’s needs are always the focus which can be in short supply at some other firms.
► Is Oxford Gold Group A Good Choice?
No firm is perfect and neither is Oxford Gold Group. However, as mentioned before, the flaws that this gold IRA firm possesses aren’t earth-shattering.
One common issue that sometimes pops up is with the delivery times of the gold and silver customers buy from them. As alluded to earlier, this is at best a minor inconvenience and does not really tarnish this company in any major way.
Just keep in mind that you might have to be a bit more patient for the delivery of any precious metals you purchase through them every once in a while. It is also worth pointing out that this only happens rarely and something they have been constantly working to improve upon.
So, the answer to the question concerning Oxford Gold Group’s trustworthiness and capability is positively affirmative. Their excellent customer service, great and easy approach to investment in precious metals, great track record, and useful resources make up for the minor flaw they have.
If you are someone who is just starting out or doesn’t want to over-complicate things while also getting great service as a customer then Oxford Gold Group is an option you can consider.
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Frequently Asked Questions about Oxford Gold Group (FAQ)