Basic data of broker
Recommended for Beginners and buy-and-hold investors focusing on the US stock market
Recommended for Forex and CFD traders familiar with the MetaTrader trading platform
USA
USA
Fees
Low trading and non-trading fees, low stock and ETF fees
Low trading and non-trading fees, no withdrawal fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
7
Deposit type
Withdrawal type
Account opening
$0
$200
1 day
1 day
Proof of identity: SSN and national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Poor
Great
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
No investor protection
$500k (securities up to $500k, cash up to $250k)
No investor protection
1985
2005
USA
Australia, UAE, British Virgin Islands
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
J.P. Morgan Self-Directed Investing's service is slightly better than MultiBank's and a comparison of their fees shows that J.P. Morgan Self-Directed Investing's fees are lower than MultiBank's.
Account opening takes about the same effort at J.P. Morgan Self-Directed Investing compared to MultiBank, deposit and withdrawal processes are more complicated at J.P. Morgan Self-Directed Investing, while customer service quality is considerably lower than MultiBank's.
Our experts rated the trading platform of J.P. Morgan Self-Directed Investing as being of the same quality as the platform of MultiBank, found that clients have access to about the same number of markets and products with J.P. Morgan Self-Directed Investing, while MultiBank provides excellent research and education.
More alternatives to J.P. Morgan Self-Directed Investing and MultiBank