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Chase You Invest Alternatives

May 2019
Our top picks for Chase You Invest alternatives
Robinhood
Interactive Brokers
Chase You Invest Alternatives

The best alternatives to Chase You Invest are

  1. Robinhood - US zero-fee discount broker
  2. Interactive Brokers - US discount broker
  3. SogoTrade - US-based stockbroker

Let's see in a bit more detail how the Chase You Invest alternatives compare to Chase You Invest and each other:

Chase You Invest alternatives comparison
Chase You Invest Robinhood Interactive Brokers SogoTrade
Overall score 4.5 4.1 4.8 4.2
Fees score 5 stars 4 stars 4 stars 4 stars
Account opening score 5 stars 5 stars 3 stars 5 stars
Deposit and withdrawal score 2 stars 3 stars 2 stars 2 stars
Web platform score 3 stars 5 stars 4 stars 3 stars
Markets and products score 2 stars 1 stars 5 stars 1 stars
Visit broker Visit broker Visit broker Visit broker

Why are these brokers considered good alternatives to Chase You Invest? There are many areas based on which Chase You Invest can be compared with others. When we say a given online broker is a good alternative to Chase You Invest we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Chase You Invest alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Chase You Invest is recommended for beginners and buy and hold investors focusing on the us stock market
  • Robinhood is recommended for beginners and buy and hold investors focusing on the us stock market
  • Interactive Brokers is recommended for traders who prefer low fees and a professional trading environment
  • SogoTrade is recommended for stock and options traders aiming for a us-based stockbroker with great customer service

Important factors of finding Chase You Invest alternatives

So far Brokerchooser has reviewed 35 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Chase You Invest or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Chase You Invest is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Chase You Invest alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Chase You Invest this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Chase You Invest, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Chase You Invest alternative is a must.


Now let's dive into the details of how Chase You Invest and its alternatives perform in the most important areas!

Chase You Invest alternatives
Chase You Invest

4.5 5 stars

Chase You Invest logo

Chase You Invest is a discount brokerage service released in 2018 by J.P. Morgan. The parent company, J.P. Morgan is a US investment bank and is also listed on the New York Stock Exchange. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Chase You Invest is considered safe because the parent company, J.P. Morgan has a long track record, is listed on stock exchange, has a banking background, and is regulated by top-tier regulators.

Recommended for beginners and buy and hold investors focusing on the us stock market

Pros
  • Low trading fees
  • Fast and fully digital account opening
  • Strong parent company
Cons
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools

Visit broker

Fees 5 stars

Chase You Invest has low trading fees and low non-trading fees. It offers 100 commission-free trades for US-based stock and ETF trades in the first year after the account opening. You can also trade with mutual funds for free.
Pros
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
Cons
None
Chase You Invest alternatives trading fees
Chase You Invest Robinhood Interactive Brokers SogoTrade
Apple benchmark fee $6.1 $0.0 $2.2 $9.9
Vodafone benchmark fee - $100.0 $17.9 -
EURUSD benchmark fee - - $23.0 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More Visit broker

Account opening 5 stars

Account opening at Chase You Invest is seamless and fully digital. Your account will be opened within a day. On the flip side, the account opening is available only for US clients.
Pros
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
Cons
  • It is available only for US clients
Chase You Invest alternatives minimum deposit and account open times
Chase You Invest Robinhood Interactive Brokers SogoTrade
Minimum deposit $0 $0 $0 $0
Time to open account 1 day 1 day 1-3 days 1-3 days

Learn more about Chase You Invest minimum deposit here.

More Visit broker

Deposit and withdrawal 2 stars

Chase You Invest deposit and withdrawal can be improved. You can use only bank transfer and there is a high fee for wire withdrawals if you are a non-Chase client. As a plus, there is no deposit fee and transferring money is easy and user-friendly.
Pros
  • No deposit fee
  • User-friendly
Cons
  • Credit/Debit card deposit and withdrawal not available
  • Only one account base currency
  • High fee for wire withdrawal for non-Chase clients
Chase You Invest and alternatives withdrawal options and fees
Chase You Invest Robinhood Interactive Brokers SogoTrade
Bank Transfer Yes Yes Yes Yes
Credit/Debit card No No No No
Electronic wallets No No No No
Withdrawal fee $0 $0 $0 $50

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Web trading platform 3 stars

Chase You Invest has a mediocre web trading platform. It is very easy-to-use and has a great search function. However, it misses important features, like two-step authentication, clear fee report and price alerts.
Pros
  • User-friendly
  • Good search function
  • Looks nice
Cons
  • No clear fee report available
  • No two-step (safe) login
  • No price alerts
Chase You Invest - Web trading platform
Chase You Invest and alternatives trading platform scores
Chase You Invest Robinhood Interactive Brokers SogoTrade
Web platform score 3 stars 5 stars 4 stars 3 stars
Mobile platform score 4 stars 5 stars 4 stars 4 stars
Desktop platform score - - 3 stars 1 stars

Learn more about Chase You Invest's web trading platform in the detailed Chase You Invest review.

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Markets and products 2 stars

Chase You Invest has limited product portfolio. It offers stock, ETF, fund, and bond. It lacks forex, options, futures, or CFD. Furthermore, the offered products cover only the US market.
Chase You Invest and alternatives markets and products
Chase You Invest Robinhood Interactive Brokers SogoTrade
Stock Yes Yes Yes Yes
ETF Yes Yes Yes Yes
Forex No No Yes No
Fund Yes No Yes No
Bond Yes No Yes No
Options No Yes Yes Yes
Futures No No Yes No
CFD No No Yes No
Crypto No Yes Yes No

More Visit broker

Verdict

Chase You Invest fees are great. You can trade with mutual funds for free and new clients have 100 commission-free trades for US-based stock and ETF in the first year. The account opening is easy, fully digital, and fast. J.P. Morgan is Chase You Invest's strong parent company. It has a banking background and listed on the New York Stock Exchange.

Chase You Invest has some drawbacks though. It is available only for US clients. The product portfolio is limited, covering only US markets and the stock, ETF, bond, and fund asset classes. Lastly, the research tools are basic. 

As the account opening is seamless, and Chase You Invest offers commission-free mutual funds and 100 commission-free stock and ETF trades, feel free to try it.

Chase You Invest
Summary Chase You Invest is a brokerage solution offered by J.P. Morgan Securities LLC (a J.P. Morgan affiliate), regulated by US top-tier regulators SEC and FINRA. J.P. Morgan is a NYSE listed company with banking background.
Fees score 5 stars
Recommended for Beginners and buy and hold investors focusing on the US stock market

More Visit broker

Chase You Invest alternatives
Robinhood

4.1 4 stars

Best for beginners

Robinhood logo

Robinhood is a US zero-fee or discount broker established in 2013. If you don't know what discount broker means, read this overview about the best discount brokers in 2018.

Robinhood is considered safe because it is supervised by FINRA, the US regulator and provides a maximum of $500,000 investor protection including a $250,000 limit for cash.

Recommended for beginners and buy and hold investors focusing on the us stock market

Pros
  • Commission-free US stock trading
  • Great mobile and web trading platforms
  • Fast and fully digital account opening
Cons
  • Available only for US and Australian clients
  • Weak customer support
  • Limited product portfolio

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Fees 4 stars

US stock trading is free at Robinhood. There are no inactivity fee and withdrawal fees. On the flip side, Robinhood has really high commission for non-US stocks.
Pros
  • No withdrawal fee
  • No inactivity fee
  • Commission-free US stock trading
Cons
  • High financing rate
  • High trading fees of non-US stocks
Chase You Invest vs. Robinhood: Trading fees
Robinhood Chase You Invest
Apple benchmark fee $0.0 $6.1
Vodafone benchmark fee $100.0 -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More Visit broker

Account opening 5 stars

Robinhood account opening is seamless and fully digital. Your account will be opened within a day. On the flip side, the account opening is only available for US and Australian clients.
Pros
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
  • User-friendly
Cons
  • It is only availalbe for the US and the Australian clients
Chase You Invest vs. Robinhood: Minimum deposit, time to open an account
Robinhood Chase You Invest
Minimum deposit $0 $0
Time to open account 1 day 1 day

If you are interested more in Robinhood minimum deposit, this overview will help you.

More Visit broker

Deposit and withdrawal 3 stars

Robinhood deposit and withdrawal are very easy and user-friendly. On the flip side, you can only use bank transfer.
Pros
  • No deposit fee
  • User-friendly
  • Instant deposit up to $1,000 per week
Cons
  • Credit/Debit card deposit and withdrawal not available
  • Lengthy deposit if you don't use the instant deposit
Chase You Invest vs. Robinhood: Withdrawal options
Robinhood Chase You Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform 5 stars

Robinhood provides a well-designed and user-friendly web trading platform.
Pros
  • User-friendly
  • Clear fee report
  • Looks nice
Cons
  • Customizability is missing
Web trading platform of Robinhood, a Chase You Invest alternative
Chase You Invest vs. Robinhood: Trading platform scores
Robinhood Chase You Invest
Web platform score 5 stars 3 stars
Mobile platform score 5 stars 4 stars
Desktop platform score - -

Learn more about Robinhood's web trading platform in the detailed Robinhood review.

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More Visit broker

Markets and products 1 stars

Robinhood's product portfolio is limited. It offers only stocks, ETFs, options, and cryptos. Furthermore, these assets are mainly limited to the US markets.
Chase You Invest vs. Robinhood: Markets and products
Robinhood Chase You Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund No Yes
Bond No Yes
Options Yes No
Futures No No
CFD No No
Crypto Yes No

More Visit broker

Verdict

Robinhood fees are great. US stocks trading is commission-free, and there is no withdrawal or inactivity fee. Robinhood has awesome, user-friendly mobile and web trading platforms. The account opening is easy, fully digital, and fast.

Robinhood has some drawbacks though. It is available only for US and Australian clients. The customer support is poor, you can only reach them via e-mail and it takes time to get an answer. Most products you can trade with are just from the US market. 

If you want to trade with US stocks for free and prefer an easy-to-use platform, Robinhood is the best choice. 

Robinhood
Summary Robinhood is a US-based zero commission broker. It is regulated by FINRA, the top-tier US regulator.
Fees score 4 stars
Recommended for Beginners and buy and hold investors focusing on the US stock market

More Visit broker

Chase You Invest alternatives
Interactive Brokers

4.8 5 stars

Best online broker

Interactive Brokers logo

Interactive Brokers was founded in 1978 and it is one of the biggest US-based discount brokers. It is regulated by several regulators globally, including top-tier authorities like FCA and SEC. Interactive Brokers Group is listed on the New York Stock Exchange.

Interactive Brokers is considered safe because it has a long track record, is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators.

Recommended for traders who prefer low fees and a professional trading environment

Pros
  • Broad product portfolio
  • Low fees
  • Great and diverse research tools
Cons
  • Funding and withdrawal only through bank transfer
  • Complicated account opening process
  • Not user-friendly and complicated desktop trading platform

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Fees 4 stars

Interactive Brokers has low trading fees and high non-trading fees. The fees are transparent.
Pros
  • Low trading fees
  • Transparent fee structure
Cons
  • Inactivity fee
Chase You Invest vs. Interactive Brokers: Trading fees
Interactive Brokers Chase You Invest
Apple benchmark fee $2.2 $6.1
Vodafone benchmark fee $17.9 -
EURUSD benchmark fee $23.0 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More Visit broker

Account opening 3 stars

The account opening process is fully digital, but slow and complicated.
Pros
  • Fully digital account opening
  • No minimum deposit for most accounts
Cons
  • Slow account opening
  • Not user-friendly
  • Confusing messages throughout the process
Chase You Invest vs. Interactive Brokers: Minimum deposit, time to open an account
Interactive Brokers Chase You Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in Interactive Brokers minimum deposit, this overview will help you.

More Visit broker

Deposit and withdrawal 2 stars

Interactive Brokers offers a lot of base currencies and one withdrawal per month is free. On the negative side, only bank transfer is available.
Pros
  • Several account base currencies
  • No charge for the first withdrawal each month
Cons
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
Chase You Invest vs. Interactive Brokers: Withdrawal options
Interactive Brokers Chase You Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

More Visit broker

Web trading platform 4 stars

The Interactive Brokers web platform is simple and easy to use, even for beginners. On the negative side, it is a bit complicated to customize.
Pros
  • User-friendly
  • Clear fee report
  • Two-step (safe) login
Cons
  • Limited customizability (for charts, workspace)
Web trading platform of Interactive Brokers, a Chase You Invest alternative
Chase You Invest vs. Interactive Brokers: Trading platform scores
Interactive Brokers Chase You Invest
Web platform score 4 stars 3 stars
Mobile platform score 4 stars 4 stars
Desktop platform score 3 stars -

Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.

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Markets and products 5 stars

Interactive Brokers allows you access to a very wide range of markets and you can trade with all product types. IB's product range is the widest available.
Chase You Invest vs. Interactive Brokers: Markets and products
Interactive Brokers Chase You Invest
Stock Yes Yes
ETF Yes Yes
Forex Yes No
Fund Yes Yes
Bond Yes Yes
Options Yes No
Futures Yes No
CFD Yes No
Crypto Yes No

More Visit broker

Verdict

IB is one of the biggest discount US brokers regulated by top-tier regulators. If you like low-cost trading and easily navigate on a really complicated platform, Interactive Brokers is for you. We mainly recommend IB for traders.

It has low trading fees, a wide range of product portfolio, and diverse research tools. 

On the flip side, only bank transfer is available for deposit and withdrawal. The account opening and the desktop platform are not user-friendly and complicated.

Interactive Brokers is definitely recommended if you want low fees, a lot of products and you are experienced to cope with a complicated platform.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. IB is listed on stock exchange and regulated by several authorities, like the top-tier FCA and SEC.
Fees score 4 stars
Recommended for Traders who prefer low fees and a professional trading environment

More Visit broker

Chase You Invest alternatives
SogoTrade

4.2 4 stars

SogoTrade logo

SogoTrade is a US-based stock broker founded in 1986 and regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority.

While it is not listed on any stock exchanges and it doesn't have a bank background SogoTrade is considered safe because it has a long track record and it is regulated by top-tier regulators. Clients are eligible for the SIPC investor protection scheme which offers up to $500,000 (cash up to $250,000) per account.

Recommended for stock and options traders aiming for a us-based stockbroker with great customer service

Pros
  • Easy and fully digital account opening
  • Relevant and fast customer service
  • Wide range of research tools
Cons
  • High non-trading fees
  • Limited product portfolio
  • Not user-friendly desktop trading platform

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Fees 4 stars

SogoTrade has low trading fees and high non-trading fees.
Pros
  • Low trading fees
  • Transparent fee structure
  • 100 commission-free trades at the beginning
Cons
  • High non-trading fees
Chase You Invest vs. SogoTrade: Trading fees
SogoTrade Chase You Invest
Apple benchmark fee $9.9 $6.1
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More Visit broker

Account opening 5 stars

Opening an account at SogoTrade is easy, fast and fully digital for both US and international citizens.
Pros
  • Fully digital account opening
  • No minimum account balance
  • User-friendly
Cons
None
Chase You Invest vs. SogoTrade: Minimum deposit, time to open an account
SogoTrade Chase You Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1 day

If you are interested more in SogoTrade minimum deposit, this overview will help you.

More Visit broker

Deposit and withdrawal 2 stars

SogoTrade offers free funding. On the other hand, you can transfer money only by bank transfer and non-US clients are charged $50, while US clients are charged $25 for bank transfer withdrawal.
Pros
  • No deposit fee
Cons
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
Chase You Invest vs. SogoTrade: Withdrawal options
SogoTrade Chase You Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $50 $0

More Visit broker

Web trading platform 3 stars

The SogoTrade trading platform is user-friendly, has a good search function, and offers a variety of order types. However, it's not customizable, it doesn't look nice, and doesn't have price alerts.
Pros
  • Two-step (safe) login
  • Good search function
  • Good variety of order types
Cons
  • Limited customizability (for charts, workspace)
  • No price alerts
  • Does not look nice
Web trading platform of SogoTrade, a Chase You Invest alternative
Chase You Invest vs. SogoTrade: Trading platform scores
SogoTrade Chase You Invest
Web platform score 3 stars 3 stars
Mobile platform score 4 stars 4 stars
Desktop platform score 1 stars -

Learn more about SogoTrade's web trading platform in the detailed SogoTrade review.

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More Visit broker

Markets and products 1 stars

At SogoTrade, you can trade only with US stocks, ETFs, and options.
Chase You Invest vs. SogoTrade: Markets and products
SogoTrade Chase You Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund No Yes
Bond No Yes
Options Yes No
Futures No No
CFD No No
Crypto No No

More Visit broker

Verdict

SogoTrade is a great broker for US stock and options trading.

The account opening at SogoTrade is easy, fully digital, and takes 1-2 days. It has also great customer support which gives fast and relevant answers. Lastly, you can use a wide range of research tools, including a wide range of analytical tools.

On the negative side, SogoTrade charges $50 per year inactivity fee and high withdrawal fees for bank transfers, $50 for non-US clients and $25 for US clients. The product offer is limited, you can trade only with stock, ETF, and options. The desktop trading platform can be improved as it is not user-friendly-structured and misses essential tools, like price alerts.

As the account opening is seamless, and SogoTrade offers 100 commission-free trades for new account opens, feel free to try it.

SogoTrade
Summary SogoTrade is a US based stockbroker, regulated by US top-tier regulators, the SEC and FINRA. It is not listed on any stock exchanges and does not have a banking backgorund.
Fees score 4 stars
Recommended for Stock and options traders aiming for a US-based stockbroker with great customer service

More Visit broker

Chase You Invest alternatives
Bottom line

Based on our analysis, there are several good alternatives to Chase You Invest. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Chase You Invest alternatives
Broker Info Recommended for
Chase You Invest US-based discount broker Beginners and buy and hold investors focusing on the US stock market
Robinhood US zero-fee discount broker Beginners and buy and hold investors focusing on the US stock market
Interactive Brokers US discount broker Traders who prefer low fees and a professional trading environment
SogoTrade US-based stockbroker Stock and options traders aiming for a US-based stockbroker with great customer service

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

AUTHOR

Dan Sallai
Dan Sallai
CMO
My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.
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