Name: J.P. Morgan Self-Directed Investing Review: Pros & Cons
Brand: J.P. Morgan Chase
SKU: JPMG - 0001

J.P. Morgan Self-Directed Investing review quick take: An intuitive investing platform for beginners to buy and sell equities with zero commissions.

What is J.P. Morgan Self-Directed Investing?

J.P. Morgan Self-Directed Investing is an online brokerage service provided by J.P. Morgan that allows investors to manage their investment portfolios independently. It offers a platform for trading stocks, ETFs, options, and mutual funds and provides investors with the tools and resources to make informed investment decisions without needing a financial advisor.

The self-directed trading accounts available are:

Individual
Joint (for two owners)
Retirement accounts: traditional and Roth

Investment products and services are offered through J.P. Morgan Securities LLC, a registered broker-dealer and investment adviser member of FINRA and SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

How J.P. Morgan Self-Directed Investing Works

Investors can open an account online, deposit funds, and begin trading a wide range of securities through J.P. Morgan’s platform. The service includes tools for market research, portfolio analysis, and trade execution, as well as mobile access. This is how it works:

No account minimum to get started
Choose how much and what to invest in
Place your trade through the website or mobile app

All of Self-Directed Investing’s offerings are available on the Chase mobile app. Users can research, trade, and manage investments there, as well as access other Chase accounts, such as credit cards or bank accounts.

Key Features

$0 Commissions: No commission fees for online US-listed stock, ETF, mutual fund, and options.
Research: Free access to Morningstar analyst ratings, CFRA reports, and news feeds from Benzinga, Midnight Trader, and Comtex.Comprehensive market research, analysis, and insights from Morgan Stanley at no cost.
Customer Support: Email, social media, telephone, and in-branch.
Integration with Chase Accounts: Seamless integration with Chase bank accounts for easy fund transfers and account management.

Pros and Cons

Pros

Zero commission trades
No account minimums
Fractional shares
Customer support options

Cons

Limited research and analysis tools
Additional requirements for advisory services

Fees

Trading fee: $0
Options: $0.65 per contract

Note that other fees may apply.

Who is it best for?

J.P. Morgan Self-Directed Investing is best for beginners who want to invest on their own and especially suited for existing Chase customers.

J.P. Morgan Self-Directed Investing Review

J.P. Morgan Self-Directed Review

J.P. Morgan Self-Directed Investing is a legitimate service. It’s a competitive option for those looking for a cost-effective, user-friendly online brokerage. Its commission-free trades, fractional shares, and research tools make it a strong contender in the self-directed investing (DIY) space. The seamless integration with Chase accounts enhances its appeal, especially for existing Chase customers.

In researching J.P. Morgan Self-Directed Investing reviews, we found that the Chase app has a 4.8 out of 5-star rating in the App Store with over 5 million reviews. Reviews on Trustpilot and other sources didn’t result in any specific reviews of its self-directed investing services. Overall, the sentiment is positive compared to other online review sites.

How to Start Using J.P. Morgan Self-Directed Investing

Minimum Requirements

Must be at least 18 years old
Verifiable personal information
Social security number

Step-by-Step to Open a J.P. Morgan Self-Directed Investing Account

The time needed: 3 minutes.

Getting started
- Download the app or visit the website.
Select Self Directed Investing
- Submit your personal information, such as name, email, and password.
Fund your account
- Add money to your new brokerage account.
Choose your investments
- Start investing and build your portfolio.