J.P. Morgan Self-Directed Investing vs Vanguard 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 Vanguard.
Is J.P. Morgan Self-Directed Investing or Vanguard better for beginners?
J.P. Morgan Self-Directed Investing offers more comprehensive new investor education for beginner investors than Vanguard. 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 Vanguard offers investors access to Videos, Education (Stocks) and Education (Retirement). Neither have Paper Trading. See our guide to Best Paper Trading Platforms for more.
What about J.P. Morgan Self-Directed Investing vs Vanguard pricing?
J.P. Morgan Self-Directed Investing and Vanguard charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Vanguard, costing $1.00 per contract versus $0.65 per contract at J.P. Morgan Self-Directed Investing. For a complete commissions summary, see our best brokers for free stock trading guide.
Does J.P. Morgan Self-Directed Investing or Vanguard offer a wider range of investment options?
Both J.P. Morgan Self-Directed Investing and Vanguard offer Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services. Neither have Fractional Shares, Futures Trading and Forex Trading. Looking at Mutual Funds, Vanguard 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 Vanguard offering .
Which trading platform is better: J.P. Morgan Self-Directed Investing or Vanguard?
To compare the trading platforms of J.P. Morgan Self-Directed Investing and Vanguard, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, J.P. Morgan Self-Directed Investing offers a better experience. With research, J.P. Morgan Self-Directed Investing offers superior market research. Finally, we found J.P. Morgan Self-Directed Investing 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 Vanguard 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 Vanguard good?
Vanguard is aimed squarely at buy-and-hold investors, and its platform reflects that focus. Vanguard is known for its low-cost funds, and the investment platform is really built for those looking to invest solely in mutual funds and ETFs.
J.P. Morgan Self-Directed Investing vs Vanguard Winner
Overall winner: J.P. Morgan Self-Directed Investing
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