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J.P. Morgan Self-Directed Investing vs TradeStation 2025

StockBrokers.com

Written by StockBrokers.com

September 17, 2025

In this head to head comparison of J.P. Morgan Self-Directed Investing vs TradeStation, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

J.P. Morgan Self-Directed Investing
4.5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
TradeStation
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.60

Range of investments

When choosing between J.P. Morgan Self-Directed Investing and TradeStation, it's important to consider what's prioritized in your investing strategy. Both platforms offer a wide range of investment options, such as stock, margin, and options trading, but key differences exist. J.P. Morgan stands out by offering fractional shares and advisor services—options TradeStation lacks. However, TradeStation leads in futures trading, showcasing a more varied investment profile according to expert ranks. As you weigh these options, understanding the offerings will guide you to the best fit for your investment goals.

J.P. Morgan Self-Directed Investing allows seamless access to fractional shares, making it easier for investors to take part in high-value stocks with smaller capital. In contrast, TradeStation compensates for lacking this through its futures trading capabilities, appealing to investors eager to explore beyond traditional stock markets. Both platforms support the trading of OTC stocks, mutual funds, and options, providing versatile avenues for an extensive investing journey.

Traditional and Roth IRA accounts are available on both platforms, accommodating long-term financial planning. J.P. Morgan Self-Directed Investing stands out with its advisor services, offering valuable insights for strategic decisions. Although neither platform supports crypto or forex trading currently, TradeStation receives a higher ranking for its range of investments. Evaluating what each service provides and aligning them with personal investment priorities will be crucial in making a well-informed choice.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes info Yes
Fractional Shares (Stocks) info Yes No
OTC Stocks info Yes Yes
Mutual Funds info Yes Yes
Options Trading info Yes Yes
Futures Trading info No Yes
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Range of Investments 4/5 Stars 4.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market

Trading platforms and tools

Bottom line: For trading platforms and tools, TradeStation clearly outshines J.P. Morgan Self-Directed Investing. TradeStation earns 4.5 out of 5 stars and ranks #3 of 14 at StockBrokers.com, while J.P. Morgan Self-Directed Investing scores 2.5 stars and ranks #13. If you want desktop software, practice trading, and deep chart customization, choose TradeStation; if you just need a straightforward web experience, J.P. Morgan can cover the basics.

Platforms and core tools: TradeStation offers downloadable platforms for both Windows and Mac, plus a browser-based platform; J.P. Morgan Self-Directed Investing offers only a browser-based platform. Paper trading is available with TradeStation, not with J.P. Morgan. Neither broker includes a trading journal. Watch lists are far more customizable on TradeStation (up to 341 columns) versus J.P. Morgan (20). TradeStation also lets you modify open orders directly on the chart; J.P. Morgan does not.

Charting and customization: TradeStation provides 294 technical indicators and 45 drawing tools, compared with 36 indicators and 10 drawing tools at J.P. Morgan. Only TradeStation lets you add chart notes, view historical trades, set custom date ranges, run automated chart pattern recognition, save multiple chart profiles, and create custom studies. Even simple studies are more flexible on TradeStation (12 fields when editing an SMA, versus 3 at J.P. Morgan). Both brokers display corporate events like earnings, splits, and dividends. If you want flexible, feature-rich charts, TradeStation stands out; J.P. Morgan suits basic charting needs.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Web Trading Platform info Yes Yes
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Paper Trading info No Yes
Watchlists - Total Fields info 20 341
Charting - Indicators / Studies info 36 294
Charting - Drawing Tools info 10 45
Platforms & Tools 2.5/5 Stars 4.5/5 Stars

Dive deeper: Best Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025

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Beginners and education

When it comes to educating beginners, J.P. Morgan Self-Directed Investing and TradeStation both offer unique resources tailored for new investors. J.P. Morgan stands out with a comprehensive suite of educational materials covering stocks, ETFs, options, mutual funds, and bonds. In comparison, TradeStation focuses on stocks and options education but lacks resources for ETFs, mutual funds, and bonds. Both brokers provide educational videos and webinars to guide investors, yet J.P. Morgan lacks paper trading, a feature that TradeStation offers to let users practice trading strategies without financial risk.

J.P. Morgan Self-Directed Investing receives a high rating of 4.5 stars for its educational offerings, ranking it sixth among 14 brokers on StockBrokers.com, whereas TradeStation scores a more modest 3 stars, placing it thirteenth. While neither platform currently offers educational quizzes or methods to track learning progress, J.P. Morgan's broader education and resources make it a stronger choice for beginners aiming to build a well-rounded understanding of different investment types. Nonetheless, those seeking practical experience through simulated trading might find TradeStation's paper trading feature appealing.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Education (Stocks) info Yes Yes
Education (ETFs) info Yes No
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Paper Trading info No Yes
Videos info Yes Yes
Webinars info Yes Yes
Education 4.5/5 Stars 3/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

In the comparison of stock trading apps between J.P. Morgan Self-Directed Investing and TradeStation, both platforms cater to mobile users with iPhone and Android apps available to traders. While TradeStation takes the lead with a 4.5-star rating, J.P. Morgan Self-Directed Investing holds its ground with a solid 4-star rating. When assessed by StockBrokers.com, TradeStation ranks #8 out of 14 brokers, surpassing J.P. Morgan's #12 ranking. This positioning is likely due to TradeStation's advantages in streaming quotes and after-hours charting, offering an edge to active traders.

Both platforms excel in user-friendly features such as stock alerts and custom watch lists, allowing users to monitor their investments closely. Mobile options trading is supported by both, enhancing their appeal to diverse traders. However, TradeStation enriches its offering with streaming quotes and after-hours charting, which are not available with J.P. Morgan, possibly making it a more attractive option for traders looking for real-time insights.

When it comes to charting capabilities within their mobile applications, J.P. Morgan Self-Directed Investing offers 36 technical studies and supports viewing charts in landscape mode, an advantage over TradeStation’s inability to do so. On the other hand, TradeStation edges out with 45 technical studies, though neither platform offers stock comparisons on charts. Overall, while both apps provide a comprehensive trading experience, TradeStation might slightly appeal more to those who prioritize real-time data and analysis tools.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info Yes Yes
Charting - After-Hours info No Yes
Charting - Technical Studies info 36 45
Mobile Trading Apps 4/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

Bottom line: Both J.P. Morgan Self-Directed Investing and TradeStation offer $0 minimum deposits and $0 commissions for online stock trades, but J.P. Morgan tends to be cheaper overall on many common fees. It has lower margin rates under $50,000, no IRA annual fee, lower ACAT transfer costs, and no fees for options exercise or assignment. TradeStation’s main pricing wins are a slightly lower per‑contract options fee and a cheaper IRA closure fee.

For trading costs, each broker has a $0.00 minimum deposit and charges $0.00 for regular stock trades. Options contracts are $0.65 at J.P. Morgan versus $0.60 at TradeStation. Margin rates favor J.P. Morgan at smaller balances: under $25,000 it’s 12.25% vs 12.5%, and $25,000–$49,999 it’s 12% vs 12.5%; from $50,000–$99,999 both are 11.5%.

On account and other fees, J.P. Morgan charges $0.00 for IRA annual fees (TradeStation $35.00) and $75.00 for IRA closure (TradeStation $50.00). Transfers are typically cheaper with J.P. Morgan: partial ACAT $0.00 vs $125.00, full ACAT $75.00 vs $125.00. Options exercise and assignment are $0.00 each at J.P. Morgan, compared with $14.95 and $5.95 at TradeStation. If you trade options frequently or expect to move or maintain retirement accounts, these differences can add up.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.60
Options Exercise Fee info $0.00 $14.95
Options Assignment Fee info $0.00 $5.95
IRA Annual Fee info $0.00 $35.00
IRA Closure Fee info $75.00 $50.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When it comes to day trading, TradeStation offers a wide range of tools and features that cater to active traders, unlike J.P. Morgan Self-Directed Investing. TradeStation provides essential facilities such as streaming time and sales for stocks, direct market routing, ladder trading, and keyboard trade entry with hotkeys. Additionally, TradeStation supports advanced trading through level 2 quotes and delivers both basic and advanced strategy backtesting, key elements that are not available with J.P. Morgan Self-Directed Investing. This makes TradeStation a compelling choice for traders seeking an immersive and interactive trading experience.

Moreover, TradeStation users can benefit from a short locator tool, allowing them to view real-time availability of shares to short, as well as maker/taker rebates that incentivize order liquidity. In contrast, J.P. Morgan Self-Directed Investing does not offer these features, making it less favorable for traders who rely on such advanced capabilities for their trading strategies. Although both platforms lack streaming live TV, TradeStation's comprehensive suite of tools provides a significant advantage for day traders looking for a sophisticated and efficient trading platform.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Streaming Time & Sales info No Yes
Streaming TV info No No
Direct Market Routing - Equities info No Yes
Level 2 Quotes - Stocks info No Yes
Trade Ideas - Backtesting info No Yes
Trade Ideas - Backtesting Adv info No Yes
Short Locator info No Yes

Dive deeper: Best Day Trading Platforms of 2025 for Beginners and Active Traders

Market Research

For market research, J.P. Morgan Self-Directed Investing is the stronger all-around pick. It earns 4 stars and ranks #7 out of 14 brokers at StockBrokers.com, while TradeStation scores 2 stars and ranks #11. If you want wider asset coverage, downloadable stock reports, and more screening tools, J.P. Morgan Self-Directed Investing is the better fit. TradeStation suits traders who mainly need core stock and ETF research.

Both brokers offer research for stocks, ETFs, and over-the-counter (Pink Sheets/OTCBB) names, and both let you view portfolio allocation by asset class. J.P. Morgan Self-Directed Investing goes further with mutual fund and bond research, which TradeStation does not provide. Neither platform features social media sentiment or ESG research.

When it comes to reports and idea tools, J.P. Morgan Self-Directed Investing supplies two downloadable PDF stock research reports, while TradeStation offers none; neither broker provides PDF reports for ETFs or mutual funds. For screeners, both include stock and ETF screeners. J.P. Morgan Self-Directed Investing also adds mutual fund and bond screeners, which TradeStation lacks.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Fixed Income info Yes No
Screener - Fixed Income info Yes No
Research 4/5 Stars 2/5 Stars

Banking

If you're searching for an online broker with extensive banking features, J.P. Morgan Self-Directed Investing stands out compared to TradeStation. J.P. Morgan Self-Directed Investing provides a full suite of banking services including checking and savings accounts, along with the convenience of debit and credit cards. Moreover, they extend their offerings to mortgage loans and certificates of deposit (CDs) for those looking to diversify their financial portfolio. In contrast, TradeStation focuses solely on its trading platform and does not provide traditional banking services such as checking or savings accounts, debit or credit cards, mortgage loans, or CDs. Therefore, for comprehensive banking solutions and investment options under one umbrella, J.P. Morgan Self-Directed Investing presents a compelling choice over TradeStation.

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
TradeStation logoTradeStation
Checking Accounts info Yes No
Savings Accounts info Yes No
Debit Cards info Yes No
Credit Cards info Yes No
Mortgage Loans info Yes No
Brokerage CDs info Yes No

Dive deeper: Best Brokerage Checking Accounts for 2025

Winner

After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that J.P. Morgan Self-Directed Investing is better than TradeStation. J.P. Morgan Self-Directed Investing finished with an overall score of 85.4%, while TradeStation finished with a score of 80.2%.

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.

FAQs

Can you trade cryptocurrency with J.P. Morgan Self-Directed Investing or TradeStation?

J.P. Morgan Self-Directed Investing and TradeStation both do not offer crypto trading, with neither platform supporting any coins for cryptocurrency trading.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does J.P. Morgan Self-Directed Investing or TradeStation offer IRAs?

Both J.P. Morgan Self-Directed Investing and TradeStation offer traditional and Roth IRA accounts. However, J.P. Morgan Self-Directed Investing stands out with no annual IRA fees, whereas TradeStation charges $35.00 annually; closure fees are $75.00 for J.P. Morgan and $50.00 for TradeStation, respectively.

Dive deeper: Best IRA Accounts for 2025

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Compare

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Overall Rating J.P. Morgan Self-Directed Investing TradeStation
Overall 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 2.5/5 Stars 4.5/5 Stars
Mobile Trading Apps 4/5 Stars 4.5/5 Stars
Research 4/5 Stars 2/5 Stars
Customer Service N/A 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review J.P. Morgan Self-Directed Investing Review TradeStation Review
Broker Screenshots J.P. Morgan Self-Directed Investing TradeStation
Broker Gallery (click to expand)
Trading Fees J.P. Morgan Self-Directed Investing TradeStation
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.00 $0.01 info
Mutual Fund Trade Fee info $0 $14.95
Options (Per Contract) info $0.65 $0.60
Futures (Per Contract) info (Not offered) $1.50
Broker Assisted Trade Fee info Varies $25
Margin Rates J.P. Morgan Self-Directed Investing TradeStation
Margin Rate Under $25,000 info 12.25% 12.5%
Margin Rate $25,000 to $49,999.99 info 12% 12.5%
Margin Rate $50,000 to $99,999.99 info 11.5% 11.5%
Margin Rate $100,000 to $249,999.99 info 11.25% 11.5%
Margin Rate $250,000 to $499,999.99 info 11.25% 12.0%
Margin Rate $500,000 to $999,999.99 info 10.5% 7.5% info
Margin Rate Above $1,000,000 info 10% info 7.5% info
Account Fees J.P. Morgan Self-Directed Investing TradeStation
IRA Annual Fee info $0.00 $35.00
IRA Closure Fee info $75.00 $50.00
Account Transfer Out (Partial) info $0.00 $125.00
Account Transfer Out (Full) info $75.00 $125.00
Options Exercise Fee info $0.00 $14.95
Options Assignment Fee info $0.00 $5.95
Investment Options J.P. Morgan Self-Directed Investing TradeStation
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes info Yes
Fractional Shares (Stocks) info Yes No
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 1 4
Futures Trading info No Yes
Forex Trading info No No
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Fixed Income (Treasurys) info Yes No
Fixed Income (Corporate Bonds) info Yes No
Fixed Income (Municipal Bonds) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 0 0
Order Types J.P. Morgan Self-Directed Investing TradeStation
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info No Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info No Yes
Order Type - OCO info No Yes
Order Type - OTO info No Yes
Order Type - Broker Assisted info Yes Yes
Beginners J.P. Morgan Self-Directed Investing TradeStation
Education (Stocks) info Yes Yes
Education (ETFs) info Yes No
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info No No
Paper Trading info No Yes
Videos info Yes Yes
Webinars info Yes Yes
Progress Tracking info No No
Interactive Learning - Quizzes info No No
Stock Trading Apps J.P. Morgan Self-Directed Investing TradeStation
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Trading - Stocks info Yes Yes
Trading - After-Hours info No Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info No Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info No Yes
Stock App Features J.P. Morgan Self-Directed Investing TradeStation
Mobile Research - Market Movers info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watchlist (Real-time) info Yes Yes
Watchlist (Streaming) info No Yes
Mobile Watchlists - Create & Manage info Yes Yes
Mobile Watchlists - Column Customization info Yes Yes
Stock App Charting J.P. Morgan Self-Directed Investing TradeStation
Charting - After-Hours info No Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 36 45
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info No No
Trading Platforms J.P. Morgan Self-Directed Investing TradeStation
Active Trading Platform info No TradeStation 10
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Web Trading Platform info Yes Yes
Paper Trading info No Yes
Trade Journal info No No
Watchlists - Total Fields info 20 341
Stock Chart Features J.P. Morgan Self-Directed Investing TradeStation
Charting - Adjust Trades on Chart info No Yes
Charting - Indicators / Studies info 36 294
Charting - Drawing Tools info 10 45
Charting - Notes info No Yes
Charting - Historical Trades info No Yes
Charting - Corporate Events info Yes Yes
Charting - Custom Date Range info No Yes
Charting - Custom Time Bars info No Yes
Charting - Automated Analysis info No Yes
Charting - Save Profiles info No Yes
Trade Ideas - Technical Analysis info No Yes
Charting - Study Customizations info 3 12
Charting - Custom Studies info No Yes
Day Trading J.P. Morgan Self-Directed Investing TradeStation
Streaming Time & Sales info No Yes
Streaming TV info No No
Direct Market Routing - Equities info No Yes
Ladder Trading info No Yes
Trade Hot Keys info No Yes
Level 2 Quotes - Stocks info No Yes
Trade Ideas - Backtesting info No Yes
Trade Ideas - Backtesting Adv info No Yes
Short Locator info No Yes
Order Liquidity Rebates info No Yes
Research Overview J.P. Morgan Self-Directed Investing TradeStation
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Fixed Income info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes Yes
Screener - Mutual Funds info Yes No
Screener - Fixed Income info Yes No
Portfolio Asset Allocation info Yes Yes
Stock Research J.P. Morgan Self-Directed Investing TradeStation
Stock Research - PDF Reports info 2 0
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info No No
Stock Research - Social info No No
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info No No
ETF Research J.P. Morgan Self-Directed Investing TradeStation
ETFs - Investment Objective info Yes No
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes No
ETF Fund Facts - Total Assets info Yes No
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info No No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info No No
Mutual Fund Research J.P. Morgan Self-Directed Investing TradeStation
Mutual Funds - Investment Objective info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info Yes Yes
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading J.P. Morgan Self-Directed Investing TradeStation
Option Chains - Total Greeks info 0 5
Option Analysis - P&L Charts info No Yes
Banking J.P. Morgan Self-Directed Investing TradeStation
Bank (Member FDIC) info Yes No
Checking Accounts info Yes No
Savings Accounts info Yes No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service J.P. Morgan Self-Directed Investing TradeStation
Phone Support (Prospective Customers) info No Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospective Customers) info No Yes
Live Chat (Current Customers) info No Yes
24/7 Support info Yes No
Overall J.P. Morgan Self-Directed Investing TradeStation
Overall 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 2.5/5 Stars 4.5/5 Stars
Mobile Trading Apps 4/5 Stars 4.5/5 Stars
Research 4/5 Stars 2/5 Stars
Education 4.5/5 Stars 3/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review J.P. Morgan Self-Directed Investing Review TradeStation Review
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