J.P. Morgan Self-Directed Investing Review 2024: J.P. Morgan Self-Directed Investing allows you to trade stocks, ETFs, options, mutual funds, and more online. This review covers account details, trading platforms, pricing, and service. It does not charge fees when you buy or sell stocks and funds online. Their mobile app connects well with Chase bank accounts. This makes J.P. Morgan a good choice for people who want to trade stocks themselves, particularly if you already bank with Chase.”
What is J.P. Morgan Self-Directed Investing?
J.P. Morgan Self-Directed Investing is the online discount brokerage division of J.P. Morgan Chase Bank. It provides self-managed investment accounts to trade stocks, ETFs, options, mutual funds, and more.
- Commission-free online stock, ETF, options trading
- Access to J.P. Morgan research and investment tools
- Managed portfolios or self-directed trading
- Mobile and web trading platforms
- Integrated banking and brokerage accounts
- IRA accounts, cash management, advisor access
J.P. Morgan Self-Directed Investing combines digital brokerage capabilities with the resources of a major financial institution.
J.P. Morgan Self-Directed Investing - Overview
| Feature | Description |
|---|---|
| Provider | J.P. Morgan Chase |
| Year Founded | 2000 (as Chase) |
| Headquarters | New York, NY |
| Key Offerings | Stocks, ETFs, options, mutual funds, bonds |
| Account Minimum | $0 for self-directed brokerage account |
| Trade Commissions | $0 for online U.S. stock, ETF, options trades |
| Platforms | Website, mobile apps |
| Account Types | Individual, joint, IRA, trust |
| Research Capabilities | Proprietary J.P. Morgan research |
| Customer Service | Phone support, branches |
Open a J.P. Morgan Self-Directed Investing brokerage account at chase.com?
Follow these steps to open a new J.P. Morgan Self-Directed Investing account online:
- Go to the website www.chase.com
- Navigate the menu ‘Investing by J.P. Morgan > Explore Investing‘
- A new page will be open (chase.com/personal/investments)
- Click on ‘Get Started‘
- Select ‘ Invest on your own and click ‘Continue‘
- You can see the J.P. Morgan Self-Directed Investing New account offers on the page,
- Now, go with the ‘Click to Open Account‘ button
- Choose an account type and start investing by creating your account
(General Investment, Traditional IRA, Roth IRA) - If you click on the ‘General Investment‘ account open link, a new page will open
- Here, you can create a J.P. Morgan Self-Directed Investing brokerage account by following the instructions on the website.
- Select your account type - individual, joint, IRA, etc.
- Provide personal information - legal name, SSN, DOB, address
- Set up funding and confirm your opening deposit amount
- Accept the account terms and conditions
- Verify your identity by providing a driver’s license or passport
- Electronically sign the new account documents
- Access your new account welcome materials
- Register your account login credentials
The online application takes around 10 minutes. J.P. Morgan will review and approve new accounts within 1-2 business days. Fund your account and start trading!
JP Morgan Trading Platform Review
J.P. Morgan Self-Directed Investing offers web and mobile trading platforms:
Web Platform
- Full-featured online trading through chase.com
- Dashboard to monitor positions, balances, alerts
- Streaming quotes, charts, research, news, analysis
- Trade stocks, ETFs, options, mutual funds
- Access education, planning tools, account management
Mobile App
- J.P. Morgan mobile app for iOS and Android
- Real-time quotes, charts, news, research
- Trade equities, funds, track orders
- Customizable alerts and notifications
- Biometric login with fingerprint or face recognition
The platforms provide a streamlined experience for self-directed trading and research on desktop or mobile.
For other investment options and plan, visit at chase.com/investments
J.P. Morgan Self-Directed Investing Fees
J.P. Morgan’s Self-Directed Investing fee schedule includes:
- $0 commission online stock, ETF, options trades
- $0 account minimum and no annual account fees
- $0.65 per options contract with no base fee
- Up to $50 mutual fund transaction fee, $25 load funds
- $25 bonds and CDs transaction fee
- Margin interest rates from 9.325% to 9.825%
- No fee for account transfers
- Paper statement fees apply
- Inactivity fees assessed after 12 months
Pricing is competitive for stock and ETF investors who trade actively. Options, mutual funds, fixed income costs are higher.
J.P. Morgan Self-Directed Investing account login
You can log in to your J.P. Morgan Self-Directed Investing account online to manage your portfolio:
- Go to www.chase.com and click “Log In”
- Enter your username on the login page
- Input your unique password
- Accept the Terms and Conditions
- Enter any security codes if prompted
- Your J.P. Morgan account dashboard will display
- Monitor balances, holdings, orders, documents
- Access the trading platform, analysis tools, research
- Initiate trades, transfer funds, update account settings
- Use the logout button when finished for security
Bookmark the login URL for quick access later. Contact J.P. Morgan support if you have account login problems.
How do you add money in a JP Morgan Brokerage account?
You can fund your J.P. Morgan Self-Directed Investing account through:
- Electronic funds transfer from your linked bank account
- Wire transfer initiated from your other bank account
- Mailing a physical check to J.P. Morgan
- Direct deposit of your paycheck or other income
- Transferring assets from an external brokerage account
Log into your account and navigate to Transfers & Payments to manage funding. Ensure sufficient cash is available to place trade orders.
J.P. Morgan Self-Directed Investing Brokerage fees
Key brokerage fees for J.P. Morgan Self-Directed Investing include:
- $0 commission online stock, ETF trades
- $0.65 per options contract, no base fee
- Up to $50 mutual fund transaction fee
- $25 per bond transaction
- No account minimum or annual account fees
- Margin interest rate from 9.325% to 9.825%
- Free account transfers, free paper statements
- Inactivity fee after 12 months dormant
- Additional fees may apply for wires, stop payments, etc.
Pricing is competitive for stock and ETF traders. Options, mutual funds, and fixed income cost more. No annual account fees help lower costs.
J.P. Morgan Self-Directed IRAs
J.P. Morgan Self-Directed Investing offers IRAs for tax-advantaged retirement investing:
- Traditional IRA - Tax-deductible contributions, tax-deferred growth
- Roth IRA - After-tax contributions, tax-free withdrawals
- Rollover IRA - Consolidate 401(k)s and other retirement accounts
- SEP IRA - Simplified employee pension plan for self-employed
- Beneficiary IRA - Inherited IRA from spouse or parent
IRAs benefit from the same trading platforms, $0 online stock/ETF trades, and research as taxable accounts. An IRA can help you save more for retirement.
J.P. Morgan Self-Directed Investing Customer Service
J.P. Morgan Self-Directed Investing offers customer support by:
- Phone - Call 800-392-5749 24/7 for account assistance
-
Investments Applications: 1-800-392-5749
- Email - Email jpmorgan.selfdirected@chase.com
- Secure Messages - Message support within your account
- Branches - Visit a local Chase branch for help
- FAQs - Answers to common questions on the website
- Notifications - Enable trade alerts and account notifications
Phone support and local branches provide personalized help. Email, messaging, and online resources offer additional convenient support. For more details about J.P. Morgan Self-Directed Investing, please visit https://www.chase.com/personal/investments/advisor-services.