Updated September 29, 2026 · BrokerCue Editorial Team
Global Prime vs JPMorgan Chase
What sets them apart
| Compare |  Global Prime |  JPMorgan Chase |
|---|---|---|
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Metals | Stocks, ETFs, Options, Bonds, Funds, Crypto |
| Regulators | Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC), SIPC | FINRA, SIPC |
| Deposit and withdrawal fees | $0 deposit fees | $25 wire fee |
| Platforms | MetaTrader 4, MetaTrader 5 | Chase Mobile app, Chase.com |
| Account types | Joint, Corporate | IRA, Roth IRA, Joint |
| Stock trade fee | Not confirmed | $0 |
| Account fee | Not confirmed | $0 |
| EUR/USD spread | 0.1% | Not confirmed |
| Margin rate | Not confirmed | 12.25% |
| Options contract fee | Not confirmed | $0.65 |
| Maximum retail leverage | 1:1000 | Not confirmed |
Same on both: Minimum deposit ($0), Investor protection (SIPC up to USD 500,000).
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Key differences
- Global Prime scores higher overall: 9.4 vs 9.3.
- Regulators: only Global Prime offers Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC).
- Regulators: only JPMorgan Chase offers FINRA.
- Markets: only Global Prime offers Forex, CFDs, Metals.
- Markets: only JPMorgan Chase offers Options, Bonds, Funds.
- Platforms: only Global Prime offers MetaTrader 4, MetaTrader 5.
- Platforms: only JPMorgan Chase offers Chase Mobile app, Chase.com.
- Account types: only Global Prime offers Corporate.
- Account types: only JPMorgan Chase offers IRA, Roth IRA.
- Features: only Global Prime offers Demo account.
Our verdict on each
Global Prime
Global Prime is a low-cost broker for traders who already work in a standard terminal and want shares, forex and CFDs in one place. A minimum deposit of $0 and a listed EUR/USD spread of 0.1% keep the running costs down, though leverage of 1:1000 is not for beginners.
JPMorgan Chase
JPMorgan Chase takes a stock trade fee of $0 and an account fee of $0, and the account is a retirement wrapper rather than a trading-only platform. It suits beginners and existing Chase customers who want low costs, though the portfolio service needs $25,000 and support runs on phone and help centre only.
Score breakdown
| Area | Global Prime | JPMorgan Chase |
|---|---|---|
| Cost | 9.7Higher | 9.0 |
| Offer | 9.2 | 9.3Higher |
| Trust | 9.4 | 9.5Higher |
Positions in our rankings
| Ranking | Global Prime | JPMorgan Chase |
|---|---|---|
| Stock and ETF brokers | 46 of 490 | 64 of 490 |
| Investment platforms and apps | 13 of 85 | 15 of 85 |
Feature by feature
| Markets | Global Prime | JPMorgan Chase |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | No | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
| Metals | Yes | No |
| Account types | Global Prime | JPMorgan Chase |
|---|---|---|
| IRA | No | Yes |
| Roth IRA | No | Yes |
| Joint | Yes | Yes |
| Corporate | Yes | No |
Availability and regulation
| Country | Global Prime | JPMorgan Chase |
|---|---|---|
| Australia | Not confirmed | |
| United States | SIPC SIPC member 3337 | Not confirmed |
| Vanuatu | Not confirmed |
Sources behind this comparison
Global Prime
- globalprime.com: 12 facts, checked September 26, 2026
- sipc.org: 2 facts, checked September 26, 2026
JPMorgan Chase
- chase.com: 8 facts, checked September 26, 2026
- stockbrokers.com: 5 facts, checked September 26, 2026
- nerdwallet.com: 2 facts, checked September 26, 2026
- finder.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Global Prime | JPMorgan Chase |
|---|---|---|
| Features | Demo account, Crypto | Fractional shares, Options, Mobile app, Crypto |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Not confirmed | Beginners |
| Legal entity | TD PRIME SERVICES LLC | JPMorgan Chase Bank, N.A. |
| Headquarters | Australia | Not confirmed |
| Founded | 2010 | Not confirmed |
| Support channels | Not confirmed | Phone, Help centre |
Robo-advisors
| Fact | Global Prime | JPMorgan Chase |
|---|---|---|
| Minimum investment | Not confirmed | $25,000 |
| Portfolio types | Not confirmed | ETF, Crypto |
Where each stands against the rest
| Fact | Global Prime | JPMorgan Chase | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $0below the median | $10 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | Not confirmed | $0at the median | $0 |
| EUR/USD spread | 0.1%lowest quarter | Not confirmed | 0.6% |
| Margin rate | Not confirmed | 12.25%highest quarter | 8.79% |
| Options contract fee | Not confirmed | $0.65above the median | $0.59 |
Median across 99 listed brokers.
Pros and cons
Global Prime
Pros
- Regulated by the Australian Securities and Investments Commission (ASIC), the Vanuatu Financial Services Commission (VFSC) and SIPC (Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC) and SIPC), so the money sits in a regulated structure.
- One account covers stocks, ETFs, forex, CFDs, crypto and metals (stocks, etfs and forex) on MetaTrader 4 and MetaTrader 5 (MetaTrader 4 and MetaTrader 5).
- A demo account is offered, so you can test the terminals before funding, and pricing comes in commission free and low fees variants.
Cons
- Account types run to joint and corporate only, with no ISA, SIPP or IRA listed, so tax wrappers sit elsewhere.
- Leverage of 1:1000 magnifies losses as much as gains, so oversized positions hurt quickly.
- SIPC cover attaches to TD PRIME SERVICES LLC, the US entity, while the brand sits in Australia, so the entity on your account matters.
JPMorgan Chase
Pros
- Stock trades cost $0 and the account fee is $0, with a minimum deposit of $0.
- Investor protection stands at SIPC up to USD 500,000.
- The account list covers ira, roth ira and joint, so retirement and joint investors are served directly.
Cons
- Support runs on phone and help centre only, with no chat or email channel listed.
- Money moving out by wire costs $25 wire fee.
- An options contract costs $0.65 and margin borrowing is charged at 12.25%, so the commission free model covers share trades rather than every action.
Who each suits
Global Prime
Who it suits
- Traders who already work in MetaTrader 4 or MetaTrader 5 and want one account for shares, forex, CFDs and crypto.
- Anyone testing a platform first, since a demo account is offered and both joint and corporate accounts sit in the range (joint and corporate).
Who should look elsewhere
- Not for beginners: leverage of 1:1000 turns a wrong position into a fast loss, and the platforms are MetaTrader 4 and MetaTrader 5 rather than a simplified app.
- Not for futures traders: eToro lists stocks, etfs and forex, which adds futures that the Global Prime markets list leaves out.
JPMorgan Chase
Who it suits
- People new to investing: the stated audience is beginners.
- Retirement and joint investors, since the account types cover ira, roth ira and joint.
- Investors who want options and crypto in one account, since the feature set includes fractional shares, options and mobile app.
Who should look elsewhere
- Forex and CFD traders: CFI (stocks, etfs and forex) and eToro (stocks, etfs and forex) list markets that the JPMorgan Chase list of stocks, etfs and options does not.
- Futures traders: eToro lists stocks, etfs and forex, so a broader instrument set sits in a single account.
- Anyone starting a managed portfolio with a small sum: Vantage takes $5, while the JPMorgan Chase portfolio account asks $25,000.
Current offers
JPMorgan Chase
Current offer
Bonus
Earn up to $1,000 cash bonus: up to $1,000
Open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money by 10/21/2026; fund within 45 days, maintain to 90 days
Source, checked September 26, 2026
Questions about each
Global Prime
What will it cost me to get started?+
The minimum deposit is $0 and the published deposit charge is $0 deposit fees. What you pay afterwards depends on the account model you pick, either commission-free or low-fee (commission free and low fees), and on the spread you trade through, with an EUR/USD spread of 0.1% listed.
How is my money protected?+
Global Prime is registered with the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), and it appears on the SIPC membership list. The listed investor protection is SIPC up to USD 500,000. That cover belongs to the US entity, so check the legal entity named on your account before you fund it.
JPMorgan Chase
How much does it cost to trade stocks?+
Stock trades cost $0 and the account fee is $0, with a minimum deposit of $0, so a simple buy and hold account starts with no charge on either side. The pricing model is listed as commission free, and nothing per trade is added on top.
What do options and margin cost?+
An options contract costs $0.65, and borrowing on margin is charged at 12.25%. Those are the places a fee appears, which makes share and fund orders the cheapest actions in the account. Anyone trading options or using margin should read both figures before committing money.