Robinhood 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 Robinhood vs J.P. Morgan Self-Directed Investing.
Is Robinhood 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 Robinhood. Robinhood offers investors access to Education (Stocks) and Education (Options), 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). Neither have Paper Trading. See our guide to Best Paper Trading Platforms for more.
What about Robinhood vs J.P. Morgan Self-Directed Investing pricing?
Robinhood and J.P. Morgan Self-Directed Investing 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 Robinhood. For a complete commissions summary, see our best brokers for free stock trading guide.
Does Robinhood or J.P. Morgan Self-Directed Investing offer a wider range of investment options?
Robinhood offers investors access to Stock Trading, Fractional Shares, Options Trading and OTC Stocks, while J.P. Morgan Self-Directed Investing offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services. Neither have Futures Trading and Forex Trading. Looking at Mutual Funds, Robinhood 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 Robinhood offering 0.
Which trading platform is better: Robinhood or J.P. Morgan Self-Directed Investing?
To compare the trading platforms of Robinhood and J.P. Morgan Self-Directed Investing, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Robinhood offers a better experience. With research, J.P. Morgan Self-Directed Investing offers superior market research. Finally, we found Robinhood 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 Robinhood while J.P. Morgan Self-Directed Investing offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Is Robinhood good?
Robinhood is very easy to use and its educational content is a joy to read. But, in today’s competitive market for your investing dollars, there are several more compelling options among brokerages.
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.
Robinhood vs J.P. Morgan Self-Directed Investing Winner
Overall winner: Robinhood
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