Ausecure Reviews – Worth Your Money? (2023 Update)

Ausecure Reviews
Ausecure
A Mediocre Company
Ausecure is a precious metals dealer with a decent selection of IRA-eligible products. However, the company doesn't have many reviews available. Also, their online presence is very limited.
Fees & Charges
Honesty & Transparency
Reputation
Customer Service
Pros
IRA-eligible products
Offer secure storage
Cons
Very little information available on the company's backgroud
Lack of transparency about fees
Low number of customer reviews
3
Expert Score

What is Ausecure?

Ausecure appears to be a precious metals broker and Gold IRA company. It was established in 2009. The company’s product offerings include gold, silver, palladium, and platinum bullion, and they offer IRA-eligible products. Ausecure has established relationships with a number of IRA custodians for custodial service. They also offer secure storage of precious metals through partnerships with renowned depositories.

It is an online precious metals technology firm headquartered in Chicago, Illinois. The company serves as both a dealer and Gold IRA company.

People Behind Ausecure:

Ausecure is located at 900 W Van Buren St Lbby 4, Chicago, IL 60607-3590. The Better Business Bureau (BBB) opened its file on them on July 30, 2013. Ausecure has been in business for 12 years and it began its operations on June 17, 2010.

Its incorporation date is June 14, 2010 while its BBB accreditation date is July 31, 2013. Ausecure is a Limited Liability Company (LLC) with Mr. Hadi Saeid serving as its President. Also, its manager is Mr. Jim O’Gara. Mr. O’Gara also serves as the principal point of contact for the business.

How to Invest in Ausecure IRA?

Investing in an Ausecure IRA involves the following steps:

  1. Open an Ausecure IRA account: You can open an IRA account with Ausecure by visiting their website at www.ausecure.com and clicking on the “Open An Account” button. You will need to fill out an application and provide some personal and financial information.
  1. Fund your Ausecure IRA account: Once your account is open, you can fund it by transferring funds from an existing IRA account or by making a cash contribution.
  1. Choose your investments: Ausecure offers a variety of gold, silver, palladium, and platinum bullion. Including IRA-eligible options, pre-1933 US gold, and collectible coins. You can choose which investments to add to your Ausecure IRA account.
  1. Manage your account: You can manage your Ausecure IRA account online. Including buying and selling precious metals, checking your account balance and performance, and making contributions and withdrawals.
  1. Place Your Order: Once you have chosen your precious metals, you can place your order with Ausecure. Ausecure offers competitive pricing and fast, secure shipping.
  1. Secure Your Precious Metals: Once your order is processed, Ausecure will securely store your precious metals in a world-renowned depository. The depository is fully insured, and your precious metals will be held in segregated storage.

However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.

Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer of your state and choose accordingly.

Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.

Ausecure Products:

Ausecure offers a diverse range of precious metals products to cater to the investment needs of its clients. The company provides gold, silver, platinum, and palladium bullion in various forms such as bars, coins, and rounds. Ausecure also offers IRA-eligible products.

They include American Gold Eagles, Canadian Gold Maples, American Silver Eagles, Canadian Silver Maples, and Australian Silver Kangaroos. Pre-1933 US gold coins and collectible coins are also available for those looking for a unique and valuable addition to their portfolio.

In addition to the standard bullion and coin products, Ausecure provides a wide range of options for storage. These include secure and segregated storage with leading depositories worldwide. Clients can also choose to store their precious metals in their own private vaults.

ausecure gold

Ausecure Fees and Charges:

Sadly, they don’t share any information about their fees and charges on their website. This can be quite disappointing for most investors.

Lack of transparency in this regard increases your risk of facing “hidden fees”. In those cases, the company might inflate your charges to increase their profits.

Such fees can eat away at your returns considerably. Hence, I don’t recommend investing with companies that are not transparent about their fees and charges. Check out our top gold IRA providers to find out which companies I suggest investing with.

Apparently, this company takes great care in handling and shipping precious metals.

For those who sign up now, there is a promotion that offers free shipping on domestic orders over $11,000, while orders under this amount will cost $20. Shipping precious metals with AuSecure is easy and straightforward. The recommended method is to use USPS Registered Mail, and it is essential to pack the items securely using an outer and inner box, with multiple packing slips for the shipment.

Ausecure Reviews and Complaints:

  • Better Business Bureau (BBB): Ausecure has A+ ratings on their BBB page. Also, it has no customer reviews or complaints. The company is accredited since 31-07-2013. The company has 12+ years of experience in the business.
  • The company has 4.8 stars ratings out of 5 stars with only 2 positive reviews on Gold Dealer Reviews.

NOTE: The company has only its profiles on SiteJabbar, YellowPages, and Trustpilot, without any ratings, reviews, or complaints.

Additional Reviews:

According to John Hazen, he has extensive experience and expertise, and the company places a strong emphasis on ensuring security and meeting client needs and expectations.

As per Bobby Woodard, the coins were shipped in a timely manner as promised, and the payment was made using a debit card. The packaging material used for shipping was of good quality, and the coins arrived without any scratches, indicating good overall quality.

Is Ausecure Legit? Should You Invest With Them?

Ausecure appears to be a legitimate precious metals technology firm that offers gold IRA services and other precious metal investments. The company has been in business for over 12+ years. Ausecure is accredited by the Better Business Bureau with an A+ rating.

But I don’t recommend them. I don’t think you should invest with them.

Why?

Because they are clearly not the best precious metals dealer out there. The industry has tons of more qualified and reputed companies.

Also, Ausecure has very few reviews from customers on various online platforms. 

Pros:

  • IRA-eligible products
  • Offer secure storage

Cons:

  • Very little information available on the company’s backgroud
  • Lack of transparency about fees
  • Low number of customer reviews

When choosing a precious metals dealer, you should always go with a reputed and reliable provider. To learn about the most reputed gold IRA companies, I recommend checking out my list of top gold IRA providers.

There, you can also find the best precious metals company of your state.

Have you dealt with this company? Let us know your experience in the comments!