StockBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Robinhood vs J.P. Morgan Self-Directed 2021

Is J.P. Morgan Self-Directed better than Robinhood? After testing 11 of the best online brokers over three months, Robinhood (62.62%) is better than J.P. Morgan Self-Directed (68.86%). Robinhood used to shine thanks to its easy-to-use mobile app and $0 trades. However, today, all of the largest online brokers offer free stock and ETF trades. As a result, it is much more difficult for Robinhood to outduel the competition.


Overall Rating

Feature Robinhood J.P. Morgan Self-Directed
Overall 3 3.5
Commissions & Fees 4.5 4
Offering of Investments 2.5 3.5
Platforms & Tools 2 1.5
Mobile Trading 4 3.5
Research 2 3.5
Education 3 2.5
Ease of Use 5 4
Robinhood Review J.P. Morgan Self-Directed Review
Winner check_circle

Trading Fees

Feature Robinhood J.P. Morgan Self-Directed
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
ETF Trade Fee $0.00 $0.00
Mutual Fund Trade Fee N/A $0.00
Options (Base Fee) $0.00 $0.00
Options (Per Contract) $0.00 $0.65
Futures (Per Contract) N/A N/A
Broker Assisted Trade Fee N/A $25.00

Margin Rates

Feature Robinhood J.P. Morgan Self-Directed
Under $24,999.99 2.50% N/A
$25,000.00 to $49,999.99 2.50% N/A
$50,000.00 to $99,999.99 2.50% N/A
$100,000.00 to $249,999.99 2.50% N/A
$250,000.00 to $499,999.99 2.50% N/A
$500,000.00 to $999,999.99 2.50% N/A
Above $1,000,000.00 2.50% N/A

Account Fees

Feature Robinhood J.P. Morgan Self-Directed
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $75.00
Account Transfer Out (Partial)
$75.00 $75.00
Account Transfer Out (Full)
$75.00 $75.00

Investment Options

Feature Robinhood J.P. Morgan Self-Directed
Stock Trading
Yes Yes
Fractional Shares
Yes No
OTCBB / Pink Sheets
No Yes
Options Trading
Yes Yes
Complex Options Max Legs
4 1
Futures Trading
No No
Forex Trading
No No
Crypto Trading
Yes No
Crypto Trading - Total Coins
7 0
Mutual Funds (No Load)
0 3500
Mutual Funds (Total)
0 3500
Bonds (US Treasury)
No Yes
Bonds (Corporate)
No Yes
Bonds (Municipal)
No Yes
Advisor Services
No Yes
International Trading
No No

Order Types

Feature Robinhood J.P. Morgan Self-Directed
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - After Hours
Yes No
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes No
Order Type - OCO
No No
Order Type - OTO
No No
Order Type - Broker Assisted
No Yes

Beginners

Feature Robinhood J.P. Morgan Self-Directed
Education (Stocks)
Yes Yes
Education (ETFs)
No No
Education (Options)
Yes No
Education (Mutual Funds)
No No
Education (Bonds)
No No
Education (Retirement)
No Yes
Retirement Calculator
No Yes
Investor Dictionary
Yes No
Paper Trading
No No
Videos
No Yes
Webinars (Monthly Avg)
0 0
Webinars (Archived)
No No
Progress Tracking
No Yes
Interactive Learning - Quizzes
No Yes

Stock Trading Apps

Feature Robinhood J.P. Morgan Self-Directed
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
Yes No
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes No
Trading - Simple Options
Yes Yes
Trading - Complex Options
Yes No
Order Ticket RT Quotes
Yes Yes
Order Ticket SRT Quotes
Yes No

Stock App Features

Feature Robinhood J.P. Morgan Self-Directed
Market Movers (Top Gainers)
Yes Yes
Stream Live TV
No No
Videos on Demand
Yes No
Stock Alerts
No No
Option Chains Viewable
Yes No
Watch List (Real-time)
Yes Yes
Watch List (Streaming)
No No
Watch Lists - Create & Manage
Yes Yes
Watch Lists - Column Customization
Yes No
Watch List - Column Filtering
Yes Yes

Stock App Charting

Feature Robinhood J.P. Morgan Self-Directed
Charting - After Hours
Yes No
Charting - Can Turn Horizontally
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Technical Studies
0
Charting - Study Customizations
No No
Charting - Stock Comparisons
No No

Trading Platforms

Feature Robinhood J.P. Morgan Self-Directed
Desktop Trading Platform
No No
Web Trading Platform
Yes Yes
Paper Trading
No No
Trade Journal
No No
Watch Lists - Total Fields
7 4

Stock Chart Features

Feature Robinhood J.P. Morgan Self-Directed
Charting - Adjust Trades on Chart
No No
Charting - Indicators / Studies
5 21
Charting - Drawing Tools
0 0
Charting - Notes
No No
Charting - Index Overlays
No Yes
Charting - Historical Trades
No No
Charting - Corporate Events
No Yes
Charting - Custom Date Range
No No
Charting - Custom Time Bars
No No
Charting - Automated Analysis
No No
Charting - Save Profiles
No No
Trade Ideas - Technical Analysis
No No
Charting - Study Customizations
2 1
Charting - Custom Studies
No No

Day Trading

Feature Robinhood J.P. Morgan Self-Directed
Stock Alerts
No No
Streaming Time & Sales
No No
Streaming TV
No No
Direct Market Routing - Stocks
No No
Ladder Trading
No No
Trade Hot Keys
No No
Level 2 Quotes - Stocks
No No
Trade Ideas - Backtesting
No No
Trade Ideas - Backtesting Adv
No No
Short Locator
No No
Order Liquidity Rebates
No No

Research Overview

Feature Robinhood J.P. Morgan Self-Directed
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
No Yes
Research - Pink Sheets / OTCBB
No No
Research - Bonds
No No
Screener - Stocks
No Yes
Screener - ETFs
No Yes
Screener - Mutual Funds
No Yes
Screener - Options
No No
Screener - Bonds
No Yes
Misc - Portfolio Builder
No No
Misc - Portfolio Allocation
Yes Yes

Stock Research

Feature Robinhood J.P. Morgan Self-Directed
Stock Research - PDF Reports
0 1
Stock Research - Earnings
Yes No
Stock Research - Insiders
No No
Stock Research - SEC Filings
No No
Stock Research - Social
No No
Stock Research - Balance Sheet
No No
Stock Research - Cash Flows
No No
Stock Research - News
Yes Yes
Stock Research - ESG
No No

ETF Research

Feature Robinhood J.P. Morgan Self-Directed
ETFs - Strategy Overview
Yes No
ETF Fund Facts - Inception Date
No Yes
ETF Fund Facts - Expense Ratio
No No
ETF Fund Facts - Net Assets
No Yes
ETF Fund Facts - Total Holdings
No Yes
ETFs - Top 10 Holdings
No Yes
ETFs - Performance Analysis
Yes Yes
ETFs - Sector Exposure
No Yes
ETFs - Risk Analysis
No No
ETFs - Ratings
No Yes
ETFs - Morningstar StyleMap
No Yes
ETFs - PDF Reports
No No

Mutual Fund Research

Feature Robinhood J.P. Morgan Self-Directed
Mutual Funds - Strategy Overview
No No
Mutual Funds - Performance Chart
No Yes
Mutual Funds - Performance Analysis
No Yes
Mutual Funds - Prospectus
No No
Mutual Funds - PDF Reports
No No
Mutual Funds - Fees Breakdown
No No
Mutual Funds - Top 10 Holdings
No Yes
Mutual Funds - Asset Allocation
No Yes
Mutual Funds - Sector Allocation
No Yes
Mutual Funds - Country Allocation
No Yes
Mutual Funds - StyleMap
No Yes
Mutual Funds - 3rd Party Ratings
No Yes

Options Trading

Feature Robinhood J.P. Morgan Self-Directed
Option Chains - Basic View
Yes Yes
Option Chains - Strategy View
No No
Option Chains - Streaming
Yes No
Option Chains - Total Columns
6 6
Option Chains - Greeks
5 0
Option Positions - Greeks Streaming
Yes No
Option Chains - Quick Analysis
No No
Option Analysis - P&L Charts
No No
Option Probability Analysis
No No
Option Probability Analysis Adv
No No
Option Positions - Greeks
Yes No
Option Positions - Adv Analysis
No No
Option Positions - Rolling
No No
Option Positions - Grouping
Yes No

Banking

Feature Robinhood J.P. Morgan Self-Directed
Bank (Member FDIC)
No Yes
Checking Accounts
No Yes
Savings Accounts
No Yes
Credit Cards
No Yes
Debit Cards
Yes Yes
Mortgage Loans
No Yes

Customer Service

Feature Robinhood J.P. Morgan Self-Directed
Phone Support (Prospect Customers)
No No
Phone Support (Current Customers)
Yes Yes
Email Support
Yes No
Live Chat (Prospect Customers)
No No
Live Chat (Current Customers)
No No
24/7 Support
No No

Overall

Feature Robinhood J.P. Morgan Self-Directed
Overall 3 3.5
Commissions & Fees 4.5 4
Offering of Investments 2.5 3.5
Platforms & Tools 2 1.5
Mobile Trading 4 3.5
Research 2 3.5
Education 3 2.5
Ease of Use 5 4
Robinhood Review J.P. Morgan Self-Directed Review
Winner check_circle

Comparing brokers side by side is no easy task. For our 2021 annual broker review, we spent hundreds of hours assessing 11 brokerages to find the best online broker. Let's compare J.P. Morgan Self-Directed vs Robinhood.

Is J.P. Morgan Self-Directed or Robinhood better for beginners?
Robinhood is better for beginner investors than J.P. Morgan Self-Directed. Robinhood offers investors access to Education (Stocks) and Education (Options).

What about J.P. Morgan Self-Directed vs Robinhood pricing?
J.P. Morgan Self-Directed and Robinhood both cost $0 per trade. With options, the base fee is $0 for both J.P. Morgan Self-Directed and Robinhood. Option contracts are pricier at J.P. Morgan Self-Directed, costing $0.65 versus $0 at Robinhood. For a complete commissions summary, see our best discount brokers guide.

Does J.P. Morgan Self-Directed or Robinhood offer a wider range of investment options?
Robinhood offers a more diverse selection of investment options than J.P. Morgan Self-Directed. Robinhood offers investors access to Stock Trading, Fractional Shares and Options Trading. Looking at Mutual Funds, J.P. Morgan Self-Directed offers its clients access to 3500 different mutual funds while Robinhood has 0 available funds, a difference of 3,500.

Which trading platform is better: J.P. Morgan Self-Directed or Robinhood?
To compare the trading platforms of both J.P. Morgan Self-Directed and Robinhood, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Robinhood offers a better experience. With research, Robinhood 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 offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.

Overall winner: Robinhood

Read Next: Best Online Brokers 2021


Related Comparisons

All pricing data was obtained from a published web site as of 01/19/2021 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

*INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

arrow_drop_upBack to top