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J.P. Morgan Self-Directed Investing

Choose from a wide range of stocks, mutual funds, & more

4.0

MoneyAtlas

Rating

Get up to $700 when opening a new account
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

Pros

  • Commission-Free Trading: Offers $0 commissions on stocks, ETFs, and over 3,000 no-load mutual funds - a rare feature among brokers

  • Integration with Chase: Seamless connection with Chase banking services, making it ideal for existing Chase customers who want all accounts in one place

  • Low Entry Barrier: No minimum account requirement and ability to trade fractional shares for as little as $5, making it accessible for beginners

Cons

  • Limited Research Tools: While offering proprietary JP Morgan research, the platform lacks comprehensive third-party research capabilities and advanced trading tools

  • Restricted Investment Options: No direct cryptocurrency trading, futures, or forex available

  • Poor Cash Management: Uninvested cash earns only 0.01% APY by default