StockBrokers.com is committed to the highest ethical standards and reviews services independently. Learn how we make money.

J.P. Morgan Self-Directed Investing Review

January 29, 2024

Chase’s do-it-yourself investing arm won our Best New Tool award for 2024, thanks to its powerful Wealth Plan financial planning tool. Even so, J.P. Morgan Self-Directed Investing doesn’t seem interested in competing head-to-head with Bank of America's Merrill Edge, Fidelity Investments, E*TRADE, or Charles Schwab. Other positives include access to proprietary J.P. Morgan research and convenient account linking for current Chase customers.

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

Get up to $700 when you open and fund

https://www.stockbrokers.com/review/jp-morgan-self-directed#

J.P. Morgan Self-Directed Investing pros & cons

thumb_up_off_alt Pros

  • J.P. Morgan Self-Directed Investing is a convenient way for Chase Bank customers to invest in stocks, ETFs, options, bonds, and mutual funds, and the firm ranks among our best brokers for banking services for 2024.
  • Proprietary J.P. Morgan research often takes deeper dives than what’s available in the third-party research that’s licensed by many other brokers.

thumb_down_off_alt Cons

  • The J.P. Morgan platforms are basic. Serious investors and traders will find better tools elsewhere.
  • Educational articles are excellent and tackle unusual and interesting topics, but the library needs to be better organized.
  • Navigation on the website can be frustrating.

Overall summary

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Overall 4/5 Stars
Investment Options 4/5 Stars
Commissions & Fees 4.5/5 Stars
Mobile Trading Apps 4/5 Stars
Platforms & Tools 3/5 Stars
Research 4/5 Stars
Customer Service N/A
Education 4.5/5 Stars
Ease Of Use 4.5/5 Stars

feed Recent News

January 2024: Crypto ETFs. J.P. Morgan Self-Directed Investing now allows trading of spot bitcoin ETFs in brokerage accounts.

December 2023: Robo-advisor closing. J.P. Morgan announced its robo-advisor, Automated Investing, will no longer be offered as of the second quarter of 2024 .

J.P. Morgan Self-Directed Investing trading platform screenshots

Website

Mobile app




Click to see a demo of trading on the J.P. Morgan Self-Directed Investing mobile app.

Does J.P. Morgan have a trading platform?

J.P. Morgan does not offer a downloadable trading platform to retail investors and the sparse features on its website and mobile app will frustrate active traders. See our Best Trading Platforms 2024 guide for our picks of online brokers with the best platforms.

Is J.P. Morgan Chase a good investment company?

J.P. Morgan Chase Self-Directed Investing is convenient for Chase Bank customers wanting to invest and do very casual and infrequent trading. Those looking to do more than that will find it lacking features routinely offered by top-ranked brokers.

What’s the difference between J.P. Morgan self-directed and automated?

J.P. Morgan’s Self-Directed Investing is for do-it-yourself investors who prefer making their own investing decisions. Automated Investing, on the other hand, is Chase’s robo-advisor investing service, which manages your money in line with your goals and comfort with accepting risk.

Unlike the Self-Directed option, there is a small monthly fee for Automated Investing. Chase promotes the robo service as costing only 15 cents a month on a $500 minimum investment (slightly over ⅓ of 1% annually), but the service only uses J.P. Morgan exchange-traded funds, some of which are expensive compared to their peers.

How much money do you need to invest with J.P. Morgan?

Good news! You don’t need to be a railroad or oil tycoon these days to get J.P. Morgan’s attention. There is no minimum deposit required for a basic account at J.P. Morgan Self-Directed Investing. Automated Investing, its robo-advisor service, requires a minimum deposit of $500.

Does J.P. Morgan charge investing fees?

J.P. Morgan charges $0 for stock and ETF trades, which is the industry norm at this point. For options, the broker charges $0 per options trade and $0.65 per contract, also around the industry norm.

About J.P. Morgan Self-Directed Investing

J.P. Morgan Chase & Co., headquartered in New York City, is the parent company of the Chase Bank and J.P. Morgan brands, which merged in 2000. Here’s a fun fact: J.P. Morgan Chase is the sum of 1,200 predecessor companies (including the failed First Republic Bank). The investment and banking services firm’s origins date to 1799. Today, the company manages over $2.6 trillion in client assets and is the largest bank in the United States.

J.P. Morgan Self-Directed Investing 2024 Results

For the StockBrokers.com 2024 Annual Awards, announced on Jan. 23, 2024, all U.S. equity brokers we reviewed were assessed on over 200 different variables across eight areas: Commissions & Fees, Investment Options, Platforms & Tools, Research, Mobile Trading, Education, Ease of Use, and Overall.

StockBrokers.com also presented “Best in Class” awards to brokers for additional categories Beginners, Options Trading, Futures Trading, Day Trading, IRA Accounts, Investor Community, Penny Stock Trading, Bank Brokerage, High Net Worth Investors, and Customer Service. A “Best in Class” designation means finishing in the top five brokers for that category.

For more information, see how we test.

Category awards

J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing Bank Brokerage
Rank #1
Streak #1
Best in Class check
Best in Class Streak 3

Industry awards

J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing #1 New Tool
Rank #1 check
Streak 1

Best Broker Guides

Explore our broker rankings:

More Guides

Popular Stock Broker Reviews

Compare J.P. Morgan Self-Directed Investing Competitors

Select one or more of these brokers to compare against J.P. Morgan Self-Directed Investing.

Compare Brokers
Show all unfold_more

StockBrokers.com Review Methodology

Our mission at StockBrokers.com is simple: provide thorough and unbiased reviews of online brokers, based on an extraordinary level of hands-on testing and data collection. Our ratings and awards are based on this data and our in-house experts’ deep authority in the field; brokers cannot pay for preferential treatment. Here’s more about trustworthiness at StockBrokers.com.

Our research team conducts thorough testing on a wide range of features, products, services, and tools for U.S. investors, collecting and validating thousands of data points in the process; this makes StockBrokers.com home to the largest independent database on the web covering the online broker industry. We test all available trading platforms for each broker and evaluate them based on a host of data-driven variables. All research, writing and data collection at StockBrokers.com is done by humans, for humans. Read our generative AI policy here.

As part of our process, all brokers had the annual opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy. Brokers also were offered the opportunity to provide executive time for an annual update meeting.

Our rigorous data validation process yields an error rate of less than .001% each year, providing site visitors quality data they can trust. Learn more about how we test.

J.P. Morgan Self-Directed Investing 2024 results

J.P. Morgan Self-Directed Investing 2024 Results

For the StockBrokers.com 2024 Annual Awards, announced on Jan. 23, 2024, all U.S. equity brokers we reviewed were assessed on over 200 different variables across eight areas: Commissions & Fees, Investment Options, Platforms & Tools, Research, Mobile Trading, Education, Ease of Use, and Overall.

StockBrokers.com also presented “Best in Class” awards to brokers for additional categories Beginners, Options Trading, Futures Trading, Active Trading, IRA Accounts, Investor Community, Penny Stock Trading, Banking Services and Customer Service. A “Best in Class” designation means finishing in the top five brokers for that category.

For more information, see how we test. New to investing? Check out the 5 step guide on how to invest on our sister site, investor.com.

Category awards

J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing Bank Brokerage
Rank #1
Streak #1
Best in Class check
Best in Class Streak 3

J.P. Morgan Self-Directed Investing fees and features data

The data collection efforts at StockBrokers.com are unmatched in the industry. The following tables show a deeper dive into the offerings available at this broker. You can also compare its offerings side-by-side with those of other brokers using our Comparison Tool.

In addition to meticulous annual data collection by our in-house analyst, every broker that participates in our review is afforded the opportunity to complete an in-depth data profile. We then audit each data point to ensure its accuracy.

Trading fees

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Minimum Deposit $0.00
Stock Trades $0.00
Mutual Fund Trade Fee $0
Options (Base Fee) $0.00
Options (Per Contract) $0.65
Futures (Per Contract) (Not offered)
Broker Assisted Trade Fee Varies

Account fees

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
IRA Annual Fee $0.00
IRA Closure Fee $75.00
Account Transfer Out (Partial) info $0.00
Account Transfer Out (Full) info $75.00
Options Exercise Fee $0.00
Options Assignment Fee $0.00

Margin rates

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Margin Rate Under $25,000 13.25%
Margin Rate $25,000 to $49,999.99 13%
Margin Rate $50,000 to $99,999.99 12.5%
Margin Rate $100,000 to $249,999.99 12.25%
Margin Rate $250,000 to $499,999.99 12.25%
Margin Rate $500,000 to $999,999.99 11.5%
Margin Rate Above $1,000,000 11% info

Investment options

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Stock Trading info Yes
Margin Trading Yes info
Fractional Shares info No
OTC Stocks info Yes
Options Trading info Yes
Complex Options Max Legs info 1
Futures Trading info No
Forex Trading info No
Crypto Trading info No
Crypto Trading - Total Coins info 0
Mutual Funds (No Load) info 3500
Mutual Funds (Total) info 3500
Bonds (US Treasury) info Yes
Bonds (Corporate) info Yes
Bonds (Municipal) info Yes
Advisor Services info Yes
International Countries (Stocks) info 0
View More

Order types

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

Beginners

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Education (Stocks) info Yes
Education (ETFs) info Yes
Education (Options) info Yes
Education (Mutual Funds) info Yes
Education (Bonds) info Yes
Education (Retirement) info Yes
Retirement Calculator info Yes
Investor Dictionary info No
Paper Trading info No
Videos info Yes
Webinars info Yes
Webinars (Archived) info No
Progress Tracking info No
Interactive Learning - Quizzes info No
View More

Stock trading apps

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

Stock app features

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Market Movers (Top Gainers) info Yes
Stream Live TV info No
Videos on Demand info No
Stock Alerts info No
Option Chains Viewable info Yes
Watch List (Real-time) info Yes
Watch List (Streaming) info No
Watch Lists - Create & Manage info Yes
Watch Lists - Column Customization info Yes
Watch Lists - Total Fields info 4

Stock app charting

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Charting - After-Hours info No
Charting - Can Turn Horizontally info No
Charting - Multiple Time Frames info Yes
Charting - Technical Studies info 36
Charting - Study Customizations info Yes
Charting - Stock Comparisons info No

Trading platforms overview

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Active Trading Platform info No
Desktop Trading Platform info No
Desktop Platform (Mac) info No
Web Trading Platform info Yes
Paper Trading info No
Trade Journal info No
Watch Lists - Total Fields info 4

Trading platform stock chart features

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Charting - Adjust Trades on Chart info No
Charting - Indicators / Studies info 36
Charting - Drawing Tools info 10
Charting - Notes info No
Charting - Index Overlays info Yes
Charting - Historical Trades info No
Charting - Corporate Events info Yes
Charting - Custom Date Range info No
Charting - Custom Time Bars info No
Charting - Automated Analysis info No
Charting - Save Profiles info No
Trade Ideas - Technical Analysis info No
Charting - Study Customizations info 3
Charting - Custom Studies info No
View More

Day trading features

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

Investment research overview

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Research - Stocks info Yes
Research - ETFs info Yes
Research - Mutual Funds info Yes
Research - Pink Sheets / OTCBB info Yes
Research - Bonds info Yes
Screener - Stocks info Yes
Screener - ETFs info Yes
Screener - Mutual Funds info Yes
Screener - Bonds info Yes
Misc - Portfolio Allocation info Yes

Stock research features

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Stock Research - PDF Reports info 2
Stock Research - Earnings info Yes
Stock Research - Insiders info No
Stock Research - Social info No
Stock Research - News info Yes
Stock Research - ESG info No
Stock Research - SEC Filings info No

ETF research features

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

Mutual fund research features

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

Options trading overview

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

Banking features

Feature J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
Bank (Member FDIC) info Yes
Checking Accounts info Yes
Savings Accounts info Yes
Credit Cards info Yes
Debit Cards info Yes
Mortgage Loans info Yes

Customer service options

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

About the Editorial Team

Sam Levine, CFA, CMT
Sam Levine, CFA, CMT

Sam Levine has over 30 years of experience in the investing field as a portfolio manager, financial consultant, investment strategist and writer. He also taught investing as an adjunct professor of finance at Wayne State University. Sam holds the Chartered Financial Analyst and the Chartered Market Technician designations and is pursuing a master's in personal financial planning at the College for Financial Planning. Previously, he was a contributing editor at BetterInvesting Magazine and a contributor to The Penny Hoarder and other media outlets.

Blain Reinkensmeyer
Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Carolyn Kimball
Carolyn Kimball

Carolyn Kimball is managing editor for Reink Media and the lead editor for the StockBrokers.com Annual Review. Carolyn has more than 20 years of writing and editing experience at major media outlets including NerdWallet, the Los Angeles Times and the San Jose Mercury News. She specializes in coverage of personal financial products and services, wielding her editing skills to clarify complex (some might say befuddling) topics to help consumers make informed decisions about their money.

Steven Hatzakis
Steven Hatzakis

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

J.P. Morgan Self-Directed Investing *INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

close