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Broker Comparison

Interactive Brokers vs J.P. Morgan Wealth Management

Compare Interactive Brokers and J.P. Morgan Wealth Management side by side: fees, regulation, platforms.

Interactive Brokers

Interactive Brokers

Active investors and multi-asset traders

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds andโ€ฆ

VS
J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

Chase clients who want investing and banking in one place

J.P. Morgan Wealth Management combines self-directed online investing with advisor services, $0 online stock โ€ฆ

Head-to-head comparison

Interactive Brokers vs J.P. Morgan Wealth Management
Feature Interactive Brokers J.P. Morgan Wealth Management
Minimum deposit โ€” No minimum investment to open a J.P. Morgan Self-Directed Investing account; start trading with as little as $1
Stock trading fee โ€” U.S.-listed stocks: $0.00/trade online; $25.00/trade call-in
Regulators SEC, CFTC, FINRA, FCA, CBI, ASIC, SEBI, MAS, CIRO FINRA
Best for Active investors and multi-asset traders Chase clients who want investing and banking in one place
Markets & account
Stocks
ETFs
Forex
โ€”
Crypto
โ€”
Bonds
Options
Futures
โ€”
Funds
Fractional Shares
Investment Plans
โ€”
Margin
Multi Currency
โ€”
Demo Account
โ€”
Money Market Funds
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Pros & cons

Interactive Brokers

Interactive Brokers

Pros

  • $0 Lite commissions on US stocks and ETFs
  • IBKR Pro stocks from USD 0.0005 per share
  • US options from USD 0.15 per contract
  • Margin loans start at USD 4.14%
  • Cash interest up to USD 3.14%
  • No inactivity fees
  • No minimums for general investment accounts
  • Paper trading with simulated funds

Cons

  • IBKR Pro stocks cost up to USD 0.0035 per share
  • IBKR Lite stock orders include PFOF
  • US options cost up to USD 0.65 per contract
  • Crypto execution and custody are for eligible clients
  • Forecast contracts are limited to eligible clients
J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

Pros

  • Unlimited $0 online trades on U.S.-listed stocks and ETFs
  • Self-directed investing can start with as little as $1
  • Fractional shares of S&P 500 and NASDAQ 100 assets from $5
  • Options trade online for $0 plus $0.65 per contract
  • Chase Mobileยฎ app combines banking and investing access
  • Cash transfers into accounts have no J.P. Morgan fee
  • Margin rates are published by balance tier

Cons

  • Call-in stock and ETF trades cost $25.00 per trade
  • Options still carry a $0.65 per-contract fee
  • Full outgoing brokerage account transfers cost $75
  • Wire transfers cost $25 per wire
  • Physical stock certificate safekeeping costs $10 monthly per position
  • Low-priced, block and algorithmic trades are not available
  • Self-directed margin accounts cannot sell cash-secured puts
Interactive Brokers

Interactive Brokers

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds and crypto across web, mobile and desktop platforms.

Your capital is at risk. Other fees apply.

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management combines self-directed online investing with advisor services, $0 online stock and ETF trades, fractional shares and Chase app access.

Your capital is at risk. Other fees apply.

Not the right match?

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