J.P. Morgan Self-Directed Investing vs TradeStation 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 TradeStation.
Is J.P. Morgan Self-Directed Investing or TradeStation better for beginners?
J.P. Morgan Self-Directed Investing offers more comprehensive new investor education for beginner investors than TradeStation. 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 TradeStation offers investors access to Paper Trading, Videos, Education (Stocks) and Education (Options). See our guide to Best Paper Trading Platforms for more.
What about J.P. Morgan Self-Directed Investing vs TradeStation pricing?
J.P. Morgan Self-Directed Investing and TradeStation 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 $0.60 per contract at TradeStation. For a complete commissions summary, see our best brokers for free stock trading guide.
Does J.P. Morgan Self-Directed Investing or TradeStation 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 TradeStation offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Futures Trading. Neither have Fractional Shares and Forex Trading. Looking at Mutual Funds, TradeStation 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 TradeStation offering 0.
Which trading platform is better: J.P. Morgan Self-Directed Investing or TradeStation?
To compare the trading platforms of J.P. Morgan Self-Directed Investing and TradeStation, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TradeStation offers a better experience. With research, J.P. Morgan Self-Directed Investing offers superior market research. Finally, we found TradeStation 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 TradeStation 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 TradeStation good?
TradeStation supports casual traders through its web-based platform and active traders through its desktop platform. We like the web-based platform and mobile app, but the flagship desktop platform could use a refresh. TradeStation ranked among Best in Class in the Commissions and Fees and Investment Options categories in our 2023 Annual Review of online stockbrokers.
J.P. Morgan Self-Directed Investing vs TradeStation Winner
Overall winner: J.P. Morgan Self-Directed Investing
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