Overview of J.P. Morgan Self-Directed Investing fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
Now, let's dive into the details and see what commissions, spreads, and financing rates J.P. Morgan Self-Directed Investing charges.
J.P. Morgan Self-Directed Investing commission and other fees
J.P. Morgan Self-Directed Investing commission and other trading fees
The good news is that J.P. Morgan Self-Directed Investing has low trading fees in general. We ranked the fees of J.P. Morgan Self-Directed Investing as low, average, or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether J.P. Morgan Self-Directed Investing commissions, spreads, and financing rates for each asset class are low/average/high.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| Stock and ETF | Low | Low | Low |
| Forex | - | - | - |
| Fund | Low | High | Low |
| Bond | Low | Low | Low |
| Options | Low | Low | Low |
| Futures | - | - | - |
Now let's go over the trading fees for each asset class one by one.
J.P. Morgan Self-Directed Investing stock and ETF commissions, spreads
J.P. Morgan Self-Directed Investing stock and ETF commissions are low. J.P. Morgan Self-Directed Investing stock and ETF commissions are charged as per the table below.
| J.P. Morgan Self-Directed Investing | |
|---|---|
| US stock | $0 per trade for US listed stocks. Foreign equity has a 0.20% commission. |
You can compare J.P. Morgan Self-Directed Investing stock and ETF fees with the two closest competitors.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 |
Stock and ETF commissions are calculated for a $2,000 trade
J.P. Morgan Self-Directed Investing fund commissions
J.P. Morgan Self-Directed Investing fund commissions are low. The table below shows how J.P. Morgan Self-Directed Investing fund commissions are calculated.
| J.P. Morgan Self-Directed Investing | |
|---|---|
| Mutual fund | $0 per trade |
Check out how J.P. Morgan Self-Directed Investing fund fees compare with the competition.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| Mutual fund | $0.0 | $20.0 | $10.0 |
Fund commissions are calculated for a $2,000 trade
J.P. Morgan Self-Directed Investing bond commissions
J.P. Morgan Self-Directed Investing bond commissions are low. The table below contains the description of J.P. Morgan Self-Directed Investing bond commissions.
| J.P. Morgan Self-Directed Investing | |
|---|---|
| US Treasury bond | Commission free investment on US Treasury bills, notes, bonds and new issues |
See how J.P. Morgan Self-Directed Investing bond fees stack up against the competition.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| US Treasury bond | $0.0 | $0.0 | $10.0 |
Bond commissions are calculated for a $10,000 trade
J.P. Morgan Self-Directed Investing options commissions
You can see below the description of J.P. Morgan Self-Directed Investing options commissions. J.P. Morgan Self-Directed Investing options fees are low.
| J.P. Morgan Self-Directed Investing | |
|---|---|
| US stock index options | $0.65 per contract |
| US stock options | $0.65 per contract |
Compare options commissions charged by J.P. Morgan Self-Directed Investing with those of Vanguard and Ally Invest.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| US stock index options | $6.5 | $10.0 | $5.0 |
| US stock options | $0.7 | $10.0 | $5.0 |
Options commissions are calculated for 10 contracts
J.P. Morgan Self-Directed Investing commission and other fees
J.P. Morgan Self-Directed Investing non-trading fees
In addition to trading fees, it's important to see if J.P. Morgan Self-Directed Investing charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by J.P. Morgan Self-Directed Investing with its two closest competitors.
| J.P. Morgan Self-Directed Investing | Vanguard | Ally Invest | |
|---|---|---|---|
| Deposit fee | $0 | $0 | $0 |
| Withdrawal fee | $0 | $0 | $0 |
| Account fee | No | No | No |
| Inactivity fee | No | No | No |
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
J.P. Morgan Self-Directed Investing commission and other fees
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by J.P. Morgan Self-Directed Investing and its closest competitors. To learn more about J.P. Morgan Self-Directed Investing, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
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