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Broker Comparison

J.P. Morgan Wealth Management vs Robinhood

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

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

VS
Robinhood

Robinhood

Crypto users and derivative stock-token traders

Robinhood combines stock tokens, crypto, staking, wallet services, and crypto perpetual futures under a Bank โ€ฆ

Head-to-head comparison

J.P. Morgan Wealth Management vs Robinhood
Feature J.P. Morgan Wealth Management Robinhood
Minimum deposit No minimum investment to open a J.P. Morgan Self-Directed Investing account; start trading with as little as $1 โ€”
Stock trading fee U.S.-listed stocks: $0.00/trade online; $25.00/trade call-in โ€”
Regulators FINRA BOL
Best for Chase clients who want investing and banking in one place Crypto users and derivative stock-token traders
Markets & account
Stocks
ETFs
Crypto
โ€”
Bonds
โ€”
Options
โ€”
Futures
โ€”
Funds
โ€”
Fractional Shares
โ€”
Money Market Funds
โ€”
Margin

Pros & cons

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
Robinhood

Robinhood

Pros

  • 0.1% FX fee covers stock-token orders
  • Stock-token investing starts from โ‚ฌ1
  • Stock tokens trade from Monday 2 AM to Saturday 2 AM CET/CEST
  • Crypto transfers have no Robinhood fee
  • ETH and SOL staking starts from $1 in crypto
  • Perpetual futures include take-profit and stop-loss orders

Cons

  • Stock tokens give no rights to the underlying shares or ETPs
  • Stock tokens cannot be sent to other wallets or platforms
  • Stock tokens are not covered by deposit or investor protection
  • Crypto is not covered by any government compensation scheme
  • Crypto transfers may still incur network fees
  • Self-custody wallet is not FDIC insured or SIPC protected
  • Perpetual futures have eligibility requirements
  • Stock-token orders carry a 0.1% FX fee per order
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.

Robinhood

Robinhood

Robinhood combines stock tokens, crypto, staking, wallet services, and crypto perpetual futures under a Bank of Lithuania-regulated European entity.

Your capital is at risk. Other fees apply.

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