Updated September 28, 2026 · BrokerCue Editorial Team
JPMorgan Chase vs Webull
Where JPMorgan Chase and Webull differ
| Compare | ||
|---|---|---|
| Markets | Stocks, ETFs, Options, Bonds, Funds, Crypto | Stocks, ETFs, Options, Futures, Crypto, Bonds, FundsCovers more |
| Regulators | FINRA, SIPC | FINRA, SEC, SIPCCovers more |
| Options contract fee | $0.65 | $0Lower |
| Deposit and withdrawal fees | $25 wire fee | $0 incoming stock transfer |
| Platforms | Chase Mobile app, Chase.com | Desktop, Mobile, Web |
| Account types | IRA, Roth IRA, JointCovers more | IRA |
| Minimum deposit | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Margin rate | 12.25% | Not confirmed |
Same on both: Stock trade fee ($0), Investor protection (SIPC up to USD 500,000).
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Key differences
- Webull scores higher overall: 9.6 vs 9.3.
- Regulators: only Webull offers SEC.
- Options contract fee is lower at Webull: $0 vs $0.65.
- Markets: only Webull offers Futures.
- Platforms: only JPMorgan Chase offers Chase Mobile app, Chase.com.
- Platforms: only Webull offers Desktop, Mobile, Web.
- Account types: only JPMorgan Chase offers Roth IRA, Joint.
- Support channels: only Webull offers Email.
- Features: only Webull offers Demo account, Futures.
Our verdict on each
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.
Webull
Webull suits US retail investors who want a single app for stocks, options, futures, crypto and retirement saving, and the fee line is the draw: a stock trade costs $0. Investor protection is SIPC up to USD 500,000, though the account range is narrow.
Score breakdown
| Area | JPMorgan Chase | Webull |
|---|---|---|
| Cost | 9.0 | 9.7Higher |
| Offer | 9.3 | 9.3 |
| Trust | 9.5 | 9.8Higher |
Licences and countries
| Country | JPMorgan Chase | Webull |
|---|---|---|
| United States | Not confirmed | SIPC SIPC member 71394 |
What each covers
| Markets | JPMorgan Chase | Webull |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Account types | JPMorgan Chase | Webull |
|---|---|---|
| IRA | Yes | Yes |
| Roth IRA | Yes | No |
| Joint | Yes | No |
Where they rank in our lists
| Ranking | JPMorgan Chase | Webull |
|---|---|---|
| Stock and ETF brokers | 64 of 490 | 36 of 490 |
| Investment platforms and apps | 15 of 85 | 7 of 85 |
| Options trading platforms | 19 of 103 | 8 of 103 |
| IRA providers | 12 of 43 | 5 of 43 |
Pick JPMorgan Chase if, pick Webull if
Pick JPMorgan Chase if account types matter most.
Pick Webull if cost, trust, markets, regulators, and options contract fee matter most.
Where these facts come from
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
Webull
- webull.com: 9 facts, checked September 26, 2026
- brokercheck.finra.org: 2 facts, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | JPMorgan Chase | Webull |
|---|---|---|
| Features | Fractional shares, Options, Mobile app, Crypto | Crypto, Demo account, Fractional shares, Options, Futures, Mobile appCovers more |
| Pricing model | Commission free | Commission free |
| Audience | Beginners | Not confirmed |
| Legal entity | JPMorgan Chase Bank, N.A. | WEBULL FINANCIAL LLC |
| Support channels | Phone, Help centre | Email, Phone, Help centreCovers more |
Robo-advisors
| Fact | JPMorgan Chase | Webull |
|---|---|---|
| Minimum investment | $25,000 | Not confirmed |
| Portfolio types | ETF, Crypto | Not confirmed |
Where each stands against the rest
| Fact | JPMorgan Chase | Webull | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | Not confirmed | $10 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Margin rate | 12.25%highest quarter | Not confirmed | 8.79% |
| Options contract fee | $0.65above the median | $0lowest quarter | $0.59 |
Median across 99 listed brokers.
Pros and cons
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.
Webull
Pros
- A stock trade costs $0 and an options contract $0 on the ira account.
- Investor protection is SIPC up to USD 500,000, with registration under FINRA, SEC and SIPC.
- A single app covers stocks, etfs and options, so shares, bonds, funds, options, futures and crypto sit together.
Cons
- Support runs on email, phone and help centre, with no live chat listed.
- Account choice is narrow, with ira the only type listed.
- Across the brokers compared, the middle retail loss share is 70.15% and the top of the range 88%.
Who each suits
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.
Webull
Who it suits
- US retail investors who want stocks, options, futures and crypto under a single login
- Beginners using the demo account in crypto, demo account and fractional shares before committing money
- Retirement savers who want $0 stock trades in the same app
Who should look elsewhere
- eToro, if you want forex and CFDs, since stocks, etfs and forex include them
- CFI, if your focus is forex and CFDs rather than stocks, etfs and options
- Vantage, if you trade metals and CFDs, which its forex, cfds and stocks cover
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
Country by country
| Country | JPMorgan Chase | Webull |
|---|---|---|
| United States | No | Yes |
Questions about each
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.
Webull
What does it cost to trade?+
A stock trade costs $0 and an options contract $0, on the ira account. The pricing model is commission free, and incoming stock transfers are free. Costs stay low, though they do not decide whether a trade makes money.
Is my money protected if the firm fails?+
Accounts sit with WEBULL FINANCIAL LLC. Investor protection is SIPC up to USD 500,000, and registration with FINRA, SEC and SIPC applies, with SIPC membership listed as SIPC member 71394. Low costs do not change that, so weigh the retail loss figures before you trade.
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