Interactive Brokers vs J.P. Morgan Self-Directed Investing 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 Interactive Brokers vs J.P. Morgan Self-Directed Investing.
Is Interactive Brokers or J.P. Morgan Self-Directed Investing better for beginners?
J.P. Morgan Self-Directed Investing offers more comprehensive new investor education for beginner investors than Interactive Brokers. Interactive Brokers offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Bonds) and Education (Retirement), while 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).
What about Interactive Brokers vs J.P. Morgan Self-Directed Investing pricing?
Interactive Brokers and J.P. Morgan Self-Directed Investing charge the same amount for regular stock trades, $0.00. Interactive Brokers and J.P. Morgan Self-Directed Investing both charge $0.65 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.
Does Interactive Brokers or J.P. Morgan Self-Directed Investing offer a wider range of investment options?
Interactive Brokers offers investors access to Stock Trading, Fractional Shares, Options Trading, OTC Stocks, Mutual Funds and Futures Trading, while J.P. Morgan Self-Directed Investing offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services. Neither have Forex Trading. Looking at Mutual Funds, J.P. Morgan Self-Directed Investing trails Interactive Brokers in its offering of no transaction fee (NTF) mutual funds, with Interactive Brokers offering 4329 and J.P. Morgan Self-Directed Investing offering 3500.
Which trading platform is better: Interactive Brokers or J.P. Morgan Self-Directed Investing?
To compare the trading platforms of Interactive Brokers and J.P. Morgan Self-Directed Investing, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Interactive Brokers offers a better experience. With research, Interactive Brokers offers superior market research. Finally, we found Interactive Brokers 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. Debit Cards are offered by Interactive Brokers while J.P. Morgan Self-Directed Investing offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Is Interactive Brokers good?
Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.
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.
Interactive Brokers vs J.P. Morgan Self-Directed Investing Winner
Overall winner: Interactive Brokers
Read Next
Explore our other online trading guides: