J.P. Morgan Self-Directed Investing vs eToro Comparison
Comparing brokers side by side is no easy task. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Let's compare J.P. Morgan Self-Directed Investing vs eToro.
Is J.P. Morgan Self-Directed Investing or eToro better for beginners?
J.P. Morgan Self-Directed Investing offers more comprehensive new investor education for beginner investors than eToro. J.P. Morgan Self-Directed Investing offers investors access to Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while eToro offers investors access to Paper Trading, Videos and Education (Stocks).
What about J.P. Morgan Self-Directed Investing vs eToro pricing?
J.P. Morgan Self-Directed Investing and eToro charge the same amount for regular stock trades, $0.00. Option contracts are pricier at J.P. Morgan Self-Directed Investing, costing $0.65 per contract versus $0.00 per contract at eToro. For a complete commissions summary, see our best brokers for free stock trading guide.
Does J.P. Morgan Self-Directed Investing or eToro offer a wider range of investment options?
J.P. Morgan Self-Directed Investing offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services, while eToro offers investors access to Stock Trading, Fractional Shares and Options Trading. Neither have Futures Trading and Forex Trading. Looking at Mutual Funds, eToro trails J.P. Morgan Self-Directed Investing in its offering of no transaction fee (NTF) mutual funds, with J.P. Morgan Self-Directed Investing offering 3500 and eToro offering 0.
Which trading platform is better: J.P. Morgan Self-Directed Investing or eToro?
To compare the trading platforms of J.P. Morgan Self-Directed Investing and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, J.P. Morgan Self-Directed Investing offers superior market research. Finally, we found J.P. Morgan Self-Directed Investing to provide better mobile trading apps.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by J.P. Morgan Self-Directed Investing while eToro offers neither of these.
Is J.P. Morgan Self-Directed Investing good?
J.P. Morgan Self-Directed Investing makes it easy for Chase Bank customers to invest and allows access to J.P. Morgan research. On the downside, the broker features are sparse compared to industry leaders.
Is eToro good?
Though its offerings have some limitations, eToro's approach will appeal to those interested in learning how to trade crypto or joining a crypto-focused community. The scope currently is limited in the U.S., so those looking for more advanced trading or trading a variety of underlyings will want to look elsewhere.
J.P. Morgan Self-Directed Investing vs eToro Winner
Overall winner: J.P. Morgan Self-Directed Investing
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