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Vanguard Alternatives

May 2019
Our top picks for Vanguard alternatives
Fidelity
Firstrade

The best alternatives to Vanguard are

  1. Fidelity - US stockbroker
  2. Firstrade - US discount broker
  3. Ally Invest - US stockbroker
  4. Chase You Invest - US-based discount broker

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

Vanguard alternatives comparison
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Overall score 4.2 4.7 4.5 4.5 4.5
Fees score 3 stars 4 stars 5 stars 4 stars 5 stars
Account opening score 4 stars 3 stars 4 stars 4 stars 5 stars
Deposit and withdrawal score 2 stars 3 stars 2 stars 2 stars 2 stars
Web platform score 3 stars 5 stars 4 stars 4 stars 3 stars
Markets and products score 2 stars 3 stars 2 stars 3 stars 2 stars
Visit broker Visit broker Visit broker Visit broker Visit broker

Why are these brokers considered good alternatives to Vanguard? There are many areas based on which Vanguard can be compared with others. When we say a given online broker is a good alternative to Vanguard 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.

Vanguard 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:

  • Vanguard is recommended for long-term investors who are looking for great etf and mutual fund offers
  • Fidelity is recommended for beginners, investors, traders looking for solids research and great trading platforms
  • Firstrade is recommended for beginners and investors looking for zero commission and focusing on us market
  • Ally Invest is recommended for investors and traders looking for low fees and focusing on the us market
  • Chase You Invest is recommended for beginners and buy and hold investors focusing on the us stock market

Important factors of finding Vanguard alternatives

So far Brokerchooser has reviewed 57 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 Vanguard 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. The amounts Vanguard charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than Vanguard.

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 Vanguard, 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 Vanguard alternative is a must.


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

Vanguard alternatives
Vanguard

4.2 4 stars

Vanguard logo

Vanguard is a US stockbroker founded in 1975. The company is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).

Vanguard is considered safe because it has a long track record and is regulated by top-tier regulators.

Recommended for long-term investors who are looking for great etf and mutual fund offers

Pros
  • Free ETFs and low non-trading fees
  • Easy account opening
  • Great mobile trading platform
Cons
  • No credit/debit cards and electronic wallets for money transfer
  • Only US market covered
  • Basic research tools

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Fees 3 stars

Vanguard offers free ETFs, some mutual funds and some bonds are free too. The non-trading fees are low, no withdrawal and inactivity fee is charged. On the negative side, the fees for stocks, options, and non-free mutual funds are higher.
Pros
  • No withdrawal fee
  • No inactivity fee
  • Free ETFs, some mutual funds and some bonds are free too
Cons
  • High financing rate
  • Higher fees for stocks, options, and mutual funds
Vanguard alternatives trading fees
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Apple benchmark fee $14.2 $10.1 $0.0 $10.1 $6.1
Vodafone benchmark fee - $26.4 - - -
EURUSD benchmark fee - - - $21.0 -

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 4 stars

The account opening is fully digital and user-friendly. There is also no minimum account balance. However, the account opening and verification takes a bit longer, 2-3 business days.
Pros
  • Fully digital
  • No minimum deposit
  • User-friendly
Cons
  • 2-3 business days account opening
Vanguard alternatives minimum deposit and account open times
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days 1-3 days 1-3 days 1 day

Learn more about Vanguard minimum deposit here.

More Visit broker

Deposit and withdrawal 2 stars

Vanguard deposit and withdrawal can be improved. You can use only bank transfer, there is only USD as a base currency, and a fee is charged for wire transfer withdrawals. 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 not available
  • Only one account base currency
  • $10 for outgoing wire transfers
Vanguard and alternatives withdrawal options and fees
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

More Visit broker

Web trading platform 3 stars

Vanguard has an average web trading platform. It offers two-step login and there is a clear fee report. However, the trading platform's structure is a bit confusing and some features are hard to find. The search functions can be improved and the customizability is missing.
Pros
  • Clear fee report
  • Two-step (safer) login
Cons
  • Poor search function
  • Limited customizability (for charts, workspace)
  • Some features are hard to find
Vanguard - Web trading platform
Vanguard and alternatives trading platform scores
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Web platform score 3 stars 5 stars 4 stars 4 stars 3 stars
Mobile platform score 4 stars 5 stars 3 stars 3 stars 4 stars
Desktop platform score - 4 stars - - -

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

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Markets and products 2 stars

Vanguard gives access to different asset classes, from stocks to options. However, the offered products cover only the US market and you can't trade with forex and futures.
Vanguard and alternatives markets and products
Vanguard Fidelity Firstrade Ally Invest Chase You Invest
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex No No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes No
Futures No No No No No
CFD No No No No No
Crypto No No No No No

More Visit broker

Verdict

Vanguard is one of the biggest US stockbrokers regulated by top-tier regulators.

Vanguard offers free ETF trading. It doesn't charge inactivity and account fees. The account opening is easy and fully digital. The mobile trading platform is user-friendly and has a great design.

It has some drawbacks though. Vanguard doesn't provide credit/debit cards and electronic wallets for transferring money. The product portfolio covers only the US market. The research tools are very basic.

As there are low non-trading fees and no inactivity fee is charged, feel free to try Vanguard.

Vanguard
Summary Vanguard is a US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 3 stars
Recommended for Long-term investors who are looking for great ETF and mutual fund offers

More Visit broker

Vanguard alternatives
Fidelity

4.7 5 stars

Fidelity logo

Fidelity was founded in 1946 and it is one of the biggest US stockbrokers. It is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier regulators.

Recommended for beginners, investors, traders looking for solids research and great trading platforms

Pros
  • Solid research tools
  • Great web trading platform
  • US and international stocks offered
Cons
  • Lack of credit/debit cards for money transfer
  • Not fully digital account opening
  • High mutual fund fees

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Fees 4 stars

Fidelity has average trading fees and low non-trading fees. It even charges no commission for some ETFs, bonds, and mutual funds. On the negative side, the fees for mutual funds and the financing rates are high.
Pros
  • No inactivity fee
  • Transparent fee structure
  • Some ETFs, bonds, and mutual funds are free
Cons
  • High financing rate
  • High mutual fund fees
Vanguard vs. Fidelity: Trading fees
Fidelity Vanguard
Apple benchmark fee $10.1 $14.2
Vodafone benchmark fee $26.4 -
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 3 stars

Opening an account at Fidelity is easy and fast, but not fully digital. The application had to be mailed with the relevant ID's photocopy.
Pros
  • Fast
  • No minimum deposit
Cons
  • Not fully digital
  • ID hardcopy was needed
Vanguard vs. Fidelity: Minimum deposit, time to open an account
Fidelity Vanguard
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

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

More Visit broker

Deposit and withdrawal 3 stars

Fidelity offers bank transfer and electronic wallets as deposit and withdrawal options. Exceptionally wide range of base currencies is provided too. However, credit/debit cards are not accepted and the wire withdrawals are charged.
Pros
  • Several account base currencies
  • Electronic wallets
Cons
  • Credit/Debit card not available
  • $10 for outgoing wire transfers
Vanguard vs. Fidelity: Withdrawal options
Fidelity Vanguard
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets Yes No
Withdrawal fee $0 $0

More Visit broker

Web trading platform 5 stars

Fidelity's web platform is easy to use, has a lot of order types, and provides a two-step authentication. On the negative side, the web trading platform is not customizable.
Pros
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
Cons
  • Limited customizability (for charts, workspace)
Web trading platform of Fidelity, a Vanguard alternative
Vanguard vs. Fidelity: Trading platform scores
Fidelity Vanguard
Web platform score 5 stars 3 stars
Mobile platform score 5 stars 4 stars
Desktop platform score 4 stars -

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

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Markets and products 3 stars

Fidelity offers a lot of asset classes, from stocks to options. Within the stock offer, both the US and international markets covered. On the negative side, forex and futures are missing.
Vanguard vs. Fidelity: Markets and products
Fidelity Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures No No
CFD No No
Crypto No No

More Visit broker

Verdict

Fidelity Schwab is one of the biggest US stockbrokers regulated by top-tier regulators.

Fidelity's research is outstanding and covers many tools, including trading ideas and detailed fundamental data. The web trading platform is easy to use and offers advanced order types. The product offer covers international stock exchanges besides the US market, it's unique among the US brokers.

Fidelity has some drawbacks though. It doesn't provide credit/debit cards for money transfers. The account is not fully digital and the fees for mutual funds are quite high. 

As the research tools are great, the web trading platform is user-friendly, and no inactivity fee is charged, feel free to try Fidelity.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier regulators, the SEC and FINRA.
Fees score 4 stars
Recommended for Beginners, investors, traders looking for solids research and great trading platforms

More Visit broker

Vanguard alternatives
Firstrade

4.5 5 stars

Firstrade logo

Firstrade is a US discount stockbroker regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). The company was founded in 1985 under the name of First Flushing Securities.

Firstrade is considered safe because it has a long track record and is regulated by top-tier regulators.

Recommended for beginners and investors looking for zero commission and focusing on us market

Pros
  • Free stock, ETF, fund, and options trading
  • Solid research tools
  • Quality educational tools
Cons
  • No credit/debit cards and electronic wallets for money transfer
  • Only US market covered
  • Slow customer service and no 24/7

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Fees 5 stars

Firstrade offers free stock, ETF, fund, and options trading. The non-trading fees are low too. On the negative side, the fees for bonds are average and the financing rates are high.
Pros
  • Low non-trading fees
  • No withdrawal fee
  • Free stock, ETF, fund, and options
Cons
  • High financing rate
  • Average bond fees
Vanguard vs. Firstrade: Trading fees
Firstrade Vanguard
Apple benchmark fee $0.0 $14.2
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 4 stars

The account opening is fully digital and user-friendly. Firstrade is available for non-US clients from selected countries. However, the account opening and verification takes a bit longer, 2-3 business days.
Pros
  • Fully digital
  • No minimum deposit
  • User-friendly
Cons
  • 1-3 business days account opening
Vanguard vs. Firstrade: Minimum deposit, time to open an account
Firstrade Vanguard
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

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

More Visit broker

Deposit and withdrawal 2 stars

Firstrade deposit and withdrawal can be improved. You can use only bank transfer, there is only USD as a base currency, and a high fee is charged for wire transfer withdrawals. 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 not available
  • Only one account base currency
  • High outgoing wire transfer fee
Vanguard vs. Firstrade: Withdrawal options
Firstrade Vanguard
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

Firstrade's web platform is simple and easy to use. Even beginners can easily navigate it. On the negative side, it lacks two-step login and the customizability is limited.
Pros
  • User-friendly
  • Clear fee report
  • Good search function
Cons
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
Web trading platform of Firstrade, a Vanguard alternative
Vanguard vs. Firstrade: Trading platform scores
Firstrade Vanguard
Web platform score 4 stars 3 stars
Mobile platform score 3 stars 4 stars
Desktop platform score - -

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

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Markets and products 2 stars

Firstrade offers different asset classes, from stocks to options. However, the offered products cover only the US market and you cannot trade with futures or forex.
Vanguard vs. Firstrade: Markets and products
Firstrade Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures No No
CFD No No
Crypto No No

More Visit broker

Verdict

Firstrade is one of the biggest discount US stockbrokers regulated by top-tier regulators.

Firstrade offers free stock, ETF, mutual fund, and options trading. It doesn't charge inactivity and account fees. There are a lot of quality research and educational tools.

It has some drawbacks though. Firstrade doesn't provide credit/debit cards and electronic wallets for transferring money. The product portfolio covers only the US market. The customer service could be faster and non-stop available. 

As there are low fees and no inactivity fee is charged, feel free to try Firstrade.

Firstrade
Summary Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Fees score 5 stars
Recommended for Beginners and investors looking for zero commission and focusing on US market

More Visit broker

Vanguard alternatives
Ally Invest

4.5 5 stars

Ally Invest logo

Ally Invest is a US stockbroker regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). Its parent company, Ally Financial Inc dates back to 1911 as the former company, General Motors Acceptance Corporation (GMAC) was founded then. Ally Financial Inc is listed on the New York Stock Exchange and has a banking subsidiary, called Ally Bank.

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

Recommended for investors and traders looking for low fees and focusing on the us market

Pros
  • Low trading and non-trading fees
  • Easy and fully digital account opening
  • Great education
Cons
  • No credit/debit cards and electronic wallets for money transfer
  • Basic research tools
  • Only US market covered

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Fees 4 stars

Ally Invest has low trading fees and low non-trading fees. It even charges no commission for some ETFs. On the negative side, the fees for financing rates are high.
Pros
  • Low trading fees
  • No inactivity fee
  • Some free ETFs
Cons
  • High financing rate
Vanguard vs. Ally Invest: Trading fees
Ally Invest Vanguard
Apple benchmark fee $10.1 $14.2
Vodafone benchmark fee - -
EURUSD benchmark fee $21.0 -

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 4 stars

The account opening is fully digital and user-friendly. On the flip side, the account opening is available only for US clients.
Pros
  • Fully digital
  • No minimum deposit
  • User-friendly
Cons
  • It is available only for US clients
Vanguard vs. Ally Invest: Minimum deposit, time to open an account
Ally Invest Vanguard
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

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

More Visit broker

Deposit and withdrawal 2 stars

Ally Invest deposit and withdrawal can be improved. You can use only bank transfer, there is only USD as a base currency, and a high fee is charged for wire transfer withdrawals. 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 not available
  • Only one account base currency
  • High outgoing wire transfer fee
Vanguard vs. Ally Invest: Withdrawal options
Ally Invest Vanguard
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

Ally Invest's web trading platform is user-friendly, easy to customize, and offers a lot of order types. On the negative side, there is no two-step login and does not give a clear fee report.
Pros
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
Cons
  • No clear fee report available
  • No two-step (safer) login
Web trading platform of Ally Invest, a Vanguard alternative
Vanguard vs. Ally Invest: Trading platform scores
Ally Invest Vanguard
Web platform score 4 stars 3 stars
Mobile platform score 3 stars 4 stars
Desktop platform score - -

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

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Markets and products 3 stars

At Ally Invest, you can trade with different asset classes, from stocks to options, and even with forex. However, the offered products cover only the US market and you cannot trade with futures.
Vanguard vs. Ally Invest: Markets and products
Ally Invest Vanguard
Stock Yes Yes
ETF Yes Yes
Forex Yes No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures No No
CFD No No
Crypto No No

More Visit broker

Verdict

Ally Invest is one of the biggest US stockbrokers regulated by top-tier regulators.

Ally Invest has low trading and non-trading fees and offers a good product range. The account opening is easy and fully digital. We liked the quality of the educational tools.

It has some drawbacks though. Ally Invest doesn't provide credit/debit cards and electronic wallets for money transfers. The research tools are really basic, it lacks sophisticated screener tools and diverse recommendations. The product portfolio covers only the US markets.

As the fees are great, no inactivity fee is charged, feel free to try Ally Invest.

Ally Invest
Summary Ally Invest is a US stockbroker, regulated by top-tier regulators, the SEC and FINRA. The company is listed on New York Stock Exchange and has banking background.
Fees score 4 stars
Recommended for Investors and traders looking for low fees and focusing on the US market

More Visit broker

Vanguard 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

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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
Vanguard vs. Chase You Invest: Trading fees
Chase You Invest Vanguard
Apple benchmark fee $6.1 $14.2
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

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
  • Fully digital
  • No minimum deposit
Cons
  • It is available only for US clients
Vanguard vs. Chase You Invest: Minimum deposit, time to open an account
Chase You Invest Vanguard
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Chase You Invest minimum deposit, this overview will help you.

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 not available
  • Only one account base currency
  • High fee for wire withdrawal for non-Chase clients
Vanguard vs. Chase You Invest: Withdrawal options
Chase You Invest Vanguard
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

More Visit broker

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
  • Modern design
Cons
  • No clear fee report available
  • No two-step (safer) login
  • No price alerts
Web trading platform of Chase You Invest, a Vanguard alternative
Vanguard vs. Chase You Invest: Trading platform scores
Chase You Invest Vanguard
Web platform score 3 stars 3 stars
Mobile platform score 4 stars 4 stars
Desktop platform score - -

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.
Vanguard vs. Chase You Invest: Markets and products
Chase You Invest Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options No Yes
Futures No No
CFD No No
Crypto No 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

Vanguard alternatives
Bottom line

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

Vanguard alternatives
Broker Info Recommended for
Vanguard US stockbroker Long-term investors who are looking for great ETF and mutual fund offers
Fidelity US stockbroker Beginners, investors, traders looking for solids research and great trading platforms
Firstrade US discount broker Beginners and investors looking for zero commission and focusing on US market
Ally Invest US stockbroker Investors and traders looking for low fees and focusing on the US market
Chase You Invest US-based discount broker Beginners and buy and hold investors focusing on the US stock market

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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