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Lexi Capital Review
4.5 Overall Rating
Customer Care
Pricing
Reliability
Ease of Purchase
Bottom Line
Lexi Capital offers eligibility gold and silver IRA investment options similar to those available to institutional investors.
Updated:
About Lexi Capital
Lexi Capital strives to simplify investing in gold and silver IRAs by providing guidance and streamlined processes. The company promotes that individual investors can access gold and silver IRAs under protections similar to those used by institutional investors. The Gold Assurance Plan offers up to six months of repricing protection (within policy limits) to help reduce risk on newly purchased gold or silver bullion.
Lexi Capital was founded in 2010 after two entrepreneurs who turned a UCLA class project into a precious metals dealer business. They built Lexi Capital to help retirement investors deal with the ups and downs of gold and silver investing for their retirement plan. Their gold IRA specialists share insights so regular investors can use gold as a possible hedge in bad markets.
Most gold IRA investment companies publish detailed education content, fees, and product listings online. Lexi Capital’s website is clean and straightforward, giving you basic information and tools to set up an account, though deeper details often require contacting them.
Pros
- Gold Assurance Plan with six-month price protection
- Dedicated focus on gold and silver in the IRA context
- Fast, online IRA application process
- Use a self-directed IRA structure to combine gold and silver with other allowed assets
Cons
- Website doesn’t always show full pricing
- Users report there can be delays in phone callback times
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
Lexi Capital’s Gold Assurance Plan
Gold and silver can help diversify your retirement savings, but their prices may rapidly fluctuate. Their Gold Assurance Plan is designed to help protect new purchases from short-term price drops.
The Gold Assurance Plan offers six months of repricing protection, typically capped at $500 per ounce for eligible coins. Some bullion products may qualify under the plan, usually for an additional fee.
| Start an Application | Provide Documentation | Select Investments |
| – Open a new self-directed IRA or transfer another retirement account. – Download an application or use the Express IRA online form to apply. | – Provide Social Security number and personal information. – Provide recent retirement account statements for transfers. | – An advisor answers your questions and explains specific precious metals investments. – Choose your retirement assets. |
Investing with Lexi Capital
Lexi Capital focuses only on silver and gold investments (IRA-approved metals). Gold and silver generally have more global liquidity and demand than many other precious metals. Lexi Capital focuses on providing access to metals that have shown long-term reliability, though returns aren’t guaranteed.
Lexi Capital specializes in gold and silver IRAs, rollovers, and transfers from other retirement accounts. Through a self-directed IRA setup, clients may also hold other non-metal investments:
- Real estate
- Trusts or deeds
- Mortgages
- Tax liens
- IRS-approved precious metals
- Promissory notes
- Closely held stocks
- Real estate investment trusts (REITs)
- Private limited partnerships or limited liability companies (LLC)
The website doesn’t prominently list a custodian by default, but review sources indicate a custodian partner. Multiple sources say Lexi Capital partners with STRATA Trust (formerly Self-Directed IRA Services Inc.). STRATA Trust is used as their custodian in many cases. You should confirm which custodian they’ll use in your case and review their fee schedule.
Lexi Capital Customer Service
Lexi Capital processes many transactions online, and they don’t publish firm customer service hours. Use their “Contact Us” page to email customer service. You can call and leave a voicemail if agents aren’t available. Users report callback times of 24 to 48 hours, and email responses usually have a faster turnaround.
The company offers a straightforward buyback program and requests cancellations be made by phone during business hours. Cancellations aren’t common, and a confirmation may take a day or two.
Lexi Capital Gold IRA Fees & Costs
Lexi Capital’s website often omits full details on management, transaction, and storage fees; many fees are found through third-party reviews. The minimum investment is $1,500, which remains relatively low compared to many competitors. Some sources say new account setup fees may be waived if you invest at least $15,000, though that is not always clearly confirmed.
If you cancel, you may pay a $45 admin fee plus any “market loss” adjustment. Though many sources mention the “market loss” policy, the exact method or formula isn’t clearly published.
Lexi Capital Complaints
We mainly found positive reviews for Lexi Capital, but there still aren’t many publicly posted. Some reviews on Yelp and Google say customers got good guidance from their gold IRA specialists. At least one reviewer criticized the repricing policy and delays in order confirmation callbacks.
Lexi Capital currently holds an A+ rating with the Better Business Bureau (BBB). The Business Consumer Alliance gives the company an AAA rating. Some review sites, like Gold IRA Guide, rate Lexi Capital 3.5 out of 5 stars.
Lexi Capital FAQs
Lexi Capital says it inspects each bar for weight accuracy and may reprocess or remelt underweight pieces. They claim bars are either exactly the right weight or a little over.
The usual RMD rules for traditional IRAs also apply to gold IRAs. You must begin taking required minimum distributions from a gold IRA at the age required by the IRS (which currently starts at age 73 under the new law).
Lexi Capital states they may give a 3% discount if you pay by cash, check, bank wire, or cashier’s check. They might consider applying that discount to money orders in certain cases.
Yes, credit cards are accepted, but you lose the 3% discount if you use one. Also, Lexi Capital doesn’t offer cryptocurrency as a payment option.
IRS regulations require metals in an IRA to be stored by an approved depository or qualified custodian. The website suggests that personal storage might be possible under certain special or approved arrangements. We generally recommend using a trustworthy, IRS-approved vault rather than self-storage to prevent problems.
Conclusion
Lexi Capital emphasizes client education as part of its value proposition, though much of the learning material is delivered via reps rather than public content. Their website provides the basic forms and account setup tools, but deeper product or fee info often comes via email or phone inquiry. While many rivals offer more metals, Lexi Capital sticks with gold and silver, focusing on simplicity and long-term reliability.