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Written by StockBrokers.com
August 29, 2023
Is Fidelity better than J.P. Morgan Self-Directed Investing? After testing 18 of the best online brokers, our analysis finds that Fidelity (98.7%) is better than J.P. Morgan Self-Directed Investing (81.8%). Our top pick overall for 2023, Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
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Overall Rating | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | N/A | ||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Fidelity Review | J.P. Morgan Self-Directed Investing Review |
Broker Screenshots | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC)info | $0.00 | $0.00 | |
Mutual Fund Trade Fee | $49.95 | $0 | |
Options (Per Contract) | $0.65 | $0.65 | |
Futures (Per Contract) | (Not offered) | (Not offered) | |
Broker Assisted Trade Fee | $32.95 | Varies |
Margin Rates | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Margin Rate Under $25,000 | 13.575% | Not offered | |
Margin Rate $25,000 to $49,999.99 | 13.075% | Not offered | |
Margin Rate $50,000 to $99,999.99 | 12.125% | Not offered | |
Margin Rate $100,000 to $249,999.99 | 12.075% | Not offered | |
Margin Rate $250,000 to $499,999.99 | 11.825% | Not offered | |
Margin Rate $500,000 to $999,999.99 | 9.5% | Not offered | |
Margin Rate Above $1,000,000 | 9.25% | Not offered |
Account Fees | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $75.00 | |
Account Transfer Out (Partial)info | $0.00 | $0.00 | |
Account Transfer Out (Full)info | $0.00 | $75.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Stock Tradinginfo | Yes | Yes | |
Margin Trading | Yes | No | |
Fractional Sharesinfo | Yes | No | |
OTC Stocksinfo | Yes | Yes | |
Options Tradinginfo | Yes | Yes | |
Complex Options Max Legsinfo | 4 | 1 | |
Futures Tradinginfo | No | No | |
Forex Tradinginfo | No | No | |
Crypto Tradinginfo | Yes | No | |
Crypto Trading - Total Coinsinfo | 2 | 0 | |
Mutual Funds (No Load)info | 5843 | 3500 | |
Mutual Funds (Total)info | 10000 | 3500 | |
Bonds (US Treasury)info | Yes | Yes | |
Bonds (Corporate)info | Yes | Yes | |
Bonds (Municipal)info | Yes | Yes | |
Advisor Servicesinfo | Yes | Yes | |
International Countries (Stocks)info | 25 | 0 |
Order Types | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Order Type - Marketinfo | Yes | Yes | |
Order Type - Limitinfo | Yes | Yes | |
Order Type - After Hoursinfo | Yes | No | |
Order Type - Stopinfo | Yes | Yes | |
Order Type - Trailing Stopinfo | Yes | No | |
Order Type - OCOinfo | Yes | No | |
Order Type - OTOinfo | Yes | No | |
Order Type - Broker Assistedinfo | Yes | Yes |
Beginners | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Education (Stocks)info | Yes | Yes | |
Education (ETFs)info | Yes | Yes | |
Education (Options)info | Yes | Yes | |
Education (Mutual Funds)info | Yes | Yes | |
Education (Bonds)info | Yes | Yes | |
Education (Retirement)info | Yes | Yes | |
Retirement Calculatorinfo | Yes | Yes | |
Investor Dictionaryinfo | Yes | No | |
Paper Tradinginfo | No | No | |
Videosinfo | Yes | Yes | |
Webinarsinfo | Yes | Yes | |
Webinars (Archived)info | Yes | No | |
Progress Trackinginfo | Yes | No | |
Interactive Learning - Quizzesinfo | Yes | No |
Stock Trading Apps | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
iPhone Appinfo | Yes | Yes | |
Android Appinfo | Yes | Yes | |
Apple Watch Appinfo | Yes | No | |
Trading - Stocksinfo | Yes | Yes | |
Trading - After-Hoursinfo | Yes | No | |
Trading - Simple Optionsinfo | Yes | Yes | |
Trading - Complex Optionsinfo | Yes | No | |
Order Ticket RT Quotesinfo | Yes | Yes | |
Order Ticket SRT Quotesinfo | Yes | No |
Stock App Features | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Market Movers (Top Gainers)info | Yes | Yes | |
Stream Live TVinfo | Yes | No | |
Videos on Demandinfo | Yes | No | |
Stock Alertsinfo | Yes | No | |
Option Chains Viewableinfo | Yes | Yes | |
Watch List (Real-time)info | Yes | Yes | |
Watch List (Streaming)info | Yes | No | |
Watch Lists - Create & Manageinfo | Yes | Yes | |
Watch Lists - Column Customizationinfo | Yes | Yes | |
Watch Lists - Total Fieldsinfo | 92 | 4 |
Stock App Charting | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Charting - After-Hoursinfo | Yes | No | |
Charting - Can Turn Horizontallyinfo | Yes | No | |
Charting - Multiple Time Framesinfo | Yes | Yes | |
Charting - Technical Studiesinfo | 129 | 36 | |
Charting - Study Customizationsinfo | Yes | Yes | |
Charting - Stock Comparisonsinfo | Yes | No |
Trading Platforms | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Active Trading Platforminfo | Active Trader Pro | No | |
Desktop Trading Platforminfo | Yes | No | |
Desktop Platform (Mac)info | Yes | No | |
Web Trading Platforminfo | Yes | Yes | |
Paper Tradinginfo | No | No | |
Trade Journalinfo | Yes | No | |
Watch Lists - Total Fieldsinfo | 92 | 4 |
Stock Chart Features | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Charting - Adjust Trades on Chartinfo | Yes | No | |
Charting - Indicators / Studiesinfo | 129 | 36 | |
Charting - Drawing Toolsinfo | 38 | 10 | |
Charting - Notesinfo | Yes | No | |
Charting - Index Overlaysinfo | Yes | Yes | |
Charting - Historical Tradesinfo | Yes | No | |
Charting - Corporate Eventsinfo | Yes | Yes | |
Charting - Custom Date Rangeinfo | Yes | No | |
Charting - Custom Time Barsinfo | Yes | No | |
Charting - Automated Analysisinfo | Yes | No | |
Charting - Save Profilesinfo | Yes | No | |
Trade Ideas - Technical Analysisinfo | Yes | No | |
Charting - Study Customizationsinfo | 5 | 3 | |
Charting - Custom Studiesinfo | No | No |
Day Trading | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Streaming Time & Salesinfo | Yes | No | |
Streaming TVinfo | Yes | No | |
Direct Market Routing - Stocksinfo | Yes | No | |
Ladder Tradinginfo | No | No | |
Trade Hot Keysinfo | Yes | No | |
Level 2 Quotes - Stocksinfo | Yes | No | |
Trade Ideas - Backtestinginfo | Yes | No | |
Trade Ideas - Backtesting Advinfo | No | No | |
Short Locatorinfo | Yes | No | |
Order Liquidity Rebatesinfo | No | No |
Research Overview | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Research - Stocksinfo | Yes | Yes | |
Research - ETFsinfo | Yes | Yes | |
Research - Mutual Fundsinfo | Yes | Yes | |
Research - Pink Sheets / OTCBBinfo | Yes | Yes | |
Research - Bondsinfo | Yes | Yes | |
Screener - Stocksinfo | Yes | Yes | |
Screener - ETFsinfo | Yes | Yes | |
Screener - Mutual Fundsinfo | Yes | Yes | |
Screener - Bondsinfo | Yes | Yes | |
Misc - Portfolio Allocationinfo | Yes | Yes |
Stock Research | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Stock Research - PDF Reportsinfo | 11 | 2 | |
Stock Research - Earningsinfo | Yes | Yes | |
Stock Research - Insidersinfo | Yes | No | |
Stock Research - Socialinfo | Yes | No | |
Stock Research - Newsinfo | Yes | Yes | |
Stock Research - ESGinfo | Yes | No | |
Stock Research - SEC Filingsinfo | Yes | No |
ETF Research | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
ETFs - Strategy Overviewinfo | Yes | Yes | |
ETF Fund Facts - Inception Dateinfo | Yes | Yes | |
ETF Fund Facts - Expense Ratioinfo | Yes | Yes | |
ETF Fund Facts - Net Assetsinfo | Yes | Yes | |
ETF Fund Facts - Total Holdingsinfo | Yes | Yes | |
ETFs - Top 10 Holdingsinfo | Yes | Yes | |
ETFs - Sector Exposureinfo | Yes | Yes | |
ETFs - Risk Analysisinfo | Yes | No | |
ETFs - Ratingsinfo | Yes | Yes | |
ETFs - Morningstar StyleMapinfo | Yes | Yes | |
ETFs - PDF Reportsinfo | Yes | No |
Mutual Fund Research | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Mutual Funds - Strategy Overviewinfo | Yes | Yes | |
Mutual Funds - Performance Chartinfo | Yes | Yes | |
Mutual Funds - Performance Analysisinfo | Yes | Yes | |
Mutual Funds - Prospectusinfo | Yes | No | |
Mutual Funds - 3rd Party Ratingsinfo | Yes | Yes | |
Mutual Funds - Fees Breakdowninfo | Yes | Yes | |
Mutual Funds - Top 10 Holdingsinfo | Yes | Yes | |
Mutual Funds - Asset Allocationinfo | Yes | Yes | |
Mutual Funds - Sector Allocationinfo | Yes | Yes | |
Mutual Funds - Country Allocationinfo | Yes | Yes | |
Mutual Funds - StyleMapinfo | Yes | Yes |
Options Trading | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Option Chains - Basic Viewinfo | Yes | Yes | |
Option Chains - Strategy Viewinfo | Yes | No | |
Option Chains - Streaminginfo | Yes | No | |
Option Chains - Total Columnsinfo | 26 | 6 | |
Option Chains - Greeksinfo | 5 | 0 | |
Option Chains - Quick Analysisinfo | Yes | No | |
Option Analysis - P&L Chartsinfo | Yes | No | |
Option Probability Analysisinfo | Yes | No | |
Option Probability Analysis Advinfo | Yes | No | |
Option Positions - Greeksinfo | Yes | No | |
Option Positions - Greeks Streaminginfo | Yes | No | |
Option Positions - Adv Analysisinfo | Yes | No | |
Option Positions - Rollinginfo | Yes | No | |
Option Positions - Groupinginfo | Yes | No |
Banking | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Bank (Member FDIC)info | No | Yes | |
Checking Accountsinfo | No | Yes | |
Savings Accountsinfo | No | Yes | |
Credit Cardsinfo | Yes | Yes | |
Debit Cardsinfo | Yes | Yes | |
Mortgage Loansinfo | No | Yes |
Customer Service | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Phone Support (Prospect Customers)info | Yes | No | |
Phone Support (Current Customers)info | Yes | Yes | |
Email Supportinfo | Yes | Yes | |
Live Chat (Prospect Customers)info | Yes | No | |
Live Chat (Current Customers)info | Yes | No | |
24/7 Supportinfo | Yes | Yes |
Overall | Fidelity | J.P. Morgan Self-Directed Investing | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Fidelity Review | J.P. Morgan Self-Directed Investing Review |
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Fidelity vs J.P. Morgan Self-Directed Investing Comparison
Comparing brokers side by side is no easy task. We spend hundreds of hours each year testing the platforms, mobile apps, trading tools and general ease of use among online brokerages, as well as comparing commissions and fees, to find the best online broker.
Though many U.S. brokers offer basic trading features, such as an app, charting tools, stock research and educational content, the depth of those features can vary widely. Let's compare Fidelity vs J.P. Morgan Self-Directed Investing.
Is Fidelity or J.P. Morgan Self-Directed Investing better for beginners?
In stock trading, the more you know, the better you’ll do. Taking advantage of resources like articles, webinars, videos and interactive elements is a great way to shorten the learning curve. In our analysis, we examine the availability of several different types of educational materials.
For 2023, our review finds that Fidelity offers more comprehensive new investor education for beginning investors than J.P. Morgan Self-Directed Investing. Both Fidelity and J.P. Morgan Self-Directed Investing offer Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement). Neither have Paper Trading.
What about Fidelity vs J.P. Morgan Self-Directed Investing pricing?
Fidelity and J.P. Morgan Self-Directed Investing charge the same amount for regular stock trades, $0.00. Fidelity and J.P. Morgan Self-Directed Investing both charge $0.65 per option contract. Fidelity and J.P. Morgan Self-Directed Investing both charge (Not offered) per option contract. For a deeper dive, see our best brokers for free stock trading guide.
Does Fidelity or J.P. Morgan Self-Directed Investing offer a wider range of investment options?
Looking at a full range of investment options, including order types and international trading, our research has found that Fidelity offers a more comprehensive offering than J.P. Morgan Self-Directed Investing. Fidelity ranks #3 out of 18 brokers for our Investment Options category, while J.P. Morgan Self-Directed Investing ranks #11.
Fidelity offers investors access to Stock Trading, Fractional Shares, Options Trading, OTC Stocks, Mutual Funds and Advisor Services, while J.P. Morgan Self-Directed Investing offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds and Advisor Services. Neither have Futures Trading and Forex Trading Looking at Mutual Funds, Fidelity trails J.P. Morgan Self-Directed Investing in its offering of no transaction fee (NTF) mutual funds, with J.P. Morgan Self-Directed Investing offering 3500 and Fidelity offering 3401.
Do Fidelity and J.P. Morgan Self-Directed Investing offer cryptocurrency?
In our analysis of top U.S. brokerages, we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum. Though crypto has risen steadily in popularity, availability still varies from broker to broker. Our review finds that neither Fidelity and J.P. Morgan Self-Directed Investing offer crypto trading.
Which trading platform is better: Fidelity or J.P. Morgan Self-Directed Investing?
To compare the day trading platforms of Fidelity and J.P. Morgan Self-Directed Investing, we focused on trading tools and functionality across both web and desktop-based platforms. Popular day trading platform tools include streaming real-time quotes, stock alerts, trading hotkeys, direct market routing, streaming time and sales, customizable watch lists, backtesting, and fully functional charting packages, among many others. For day trading, Fidelity offers a better experience.
Does Fidelity or J.P. Morgan Self-Directed Investing offer a better stock trading app?
After testing 25 features across the stock trading apps of Fidelity and J.P. Morgan Self-Directed Investing, we found Fidelity to be better overall. The best stock market apps are easy to use, have excellent design, and deliver a fully featured online trading experience. Fidelity ranks #3 out of 18 brokers, while J.P. Morgan Self-Directed Investing ranks #12.
Fidelity Trading App Gallery
J.P. Morgan Self-Directed Investing Trading App Gallery
Which broker is better for researching stocks?
For research, Fidelity offers superior market research than J.P. Morgan Self-Directed Investing. Fidelity ranks #5 and J.P. Morgan Self-Directed Investing ranks #8.
Over the years, we've found that the best brokers provide rich market commentary, a variety of third-party research reports, and thorough quote screens that are not just easy to navigate, but that also include a comprehensive selection of fundamental data. Robust stock, ETFs, and mutual fund screeners are also must-haves for trade idea generation.
How do Fidelity and J.P. Morgan Self-Directed Investing compare in terms of minimum deposit required?
Fidelity requires a minimum deposit of $0.00, while J.P. Morgan Self-Directed Investing requires a minimum deposit of $0.00. From our testing, we found that SoFi is the only broker that requires a minimum deposit.
Which broker offers better margin rates for accounts under $25,000?
Fidelity charges 13.575% for accounts under $25,000 while J.P. Morgan Self-Directed Investing charges a margin rate of Not offered. The industry average of the 18 brokers we track is 8%.
Does Fidelity offer fractional shares? Does J.P. Morgan Self-Directed Investing?
Fractional shares are not offered by either broker. Our research has found that 41% of brokers offer fractional shares investing. Fractional shares allow traders to buy a part of a whole share of stock. For example, if Amazon is trading at $1,000, you could buy half a share for $500.
Can you trade penny stocks with Fidelity or J.P. Morgan Self-Directed Investing?
Both Fidelity and J.P. Morgan Self-Directed Investing allow you to trade penny stocks. Fidelity charges $0.00 per trade while J.P. Morgan Self-Directed Investing charges $0.00. Penny stocks are companies whose shares trade for under $5 and are listed over the counter (OTC). For brokers that do offer penny stock trades, the average commission is $3.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Debit Cards and Credit Cards are offered by Fidelity while J.P. Morgan Self-Directed Investing offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Which broker offers stronger customer service?
StockBrokers.com partners with customer experience research group Confero to conduct phone tests from locations across the United States to thoroughly evaluate the quality and speed of brokerage customer service. (Read more about How We Test.) Here are the results of our current testing.
Fidelity was rated 3rd out of 14 brokers, with an overall score of 8.6 out of 10.
J.P. Morgan Self-Directed Investing could not be tested or rated due to the fact it does not offer phone support for prospective customers.
Is Fidelity good?
Our top pick overall for 2023, Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
In the 2023 StockBrokers.com Annual Review, Fidelity was rated No. 1 Overall Broker and No. 1 for Commissions & Fees, Education, IRA Accounts and Penny Stocks. It also ranked among Best in Class for Platforms & Tools, Mobile Trading Apps, Ease of Use, Active Trading, Beginners, Customers Service, and Penny Stocks. Fidelity also won four StockBrokers.com Industry Awards: No. 1 for Fractional Shares, Innovation, New Tool and Order Execution.
Is J.P. Morgan Self-Directed Investing good?
J.P. Morgan Self-Directed Investing makes it easy for Chase Bank customers to invest and allows access to J.P. Morgan research. On the downside, the broker features are sparse compared to industry leaders.
In the 2023 StockBrokers.com Annual Review, J.P. Morgan Self-Directed ranked among Best in Class for Banking Services.
Fidelity vs J.P. Morgan Self-Directed Investing Winner
Overall winner: Fidelity
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The passage you provided offers a comprehensive comparison between Fidelity and J.P. Morgan Self-Directed Investing, outlining various aspects of online brokerage services. Let's break down the concepts and information included in this comparison:
Broker Comparison
- Overall Rating: Fidelity (98.7%) vs. J.P. Morgan Self-Directed Investing (81.8%)
- Categories Compared: Commissions & Fees, Investment Options, Platforms & Tools, Mobile Trading Apps, Research, Customer Service, Education, Ease Of Use
- Key Features Considered: Stock Trades, Options Trading, Mutual Funds, Fractional Shares, OTC Stocks, Futures Trading, Crypto Trading, Margin Rates, Account Fees, Order Types, Educational Resources
Key Points Covered
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Beginner-Friendly Education: Fidelity offers more comprehensive educational resources for beginners, encompassing various investment types and retirement education. Both offer videos, articles, and educational content across different investment categories.
-
Pricing: Both Fidelity and J.P. Morgan Self-Directed Investing charge $0.00 for regular stock trades and $0.65 per option contract. They differ slightly in other fee structures.
-
Investment Options: Fidelity offers a broader range of investment options, including stocks, fractional shares, options, OTC stocks, mutual funds, and advisor services. J.P. Morgan offers similar options but lacks futures and forex trading.
-
Cryptocurrency Trading: Neither Fidelity nor J.P. Morgan Self-Directed Investing offer cryptocurrency trading.
-
Trading Platforms: Fidelity provides a better day trading experience, offering a more robust platform with features like real-time quotes, hotkeys, direct market routing, and backtesting tools.
-
Stock Trading App: Fidelity's app ranks higher for its ease of use and features compared to J.P. Morgan Self-Directed Investing's app.
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Research Tools: Fidelity offers more extensive market research tools compared to J.P. Morgan Self-Directed Investing, providing rich market commentary, third-party research reports, and thorough quote screens.
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Minimum Deposit & Margin Rates: Both Fidelity and J.P. Morgan Self-Directed Investing have no minimum deposit requirement, but Fidelity's margin rates are higher for accounts under $25,000.
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Fractional Shares & Penny Stocks: Neither broker offers fractional shares, but both support penny stock trading at $0.00 commission.
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Banking Services: J.P. Morgan Self-Directed Investing offers more banking services like checking accounts, savings accounts, debit/credit cards, and mortgage loans compared to Fidelity.
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Customer Service: Fidelity ranks higher in customer service based on testing, offering phone support and scoring well in customer experience evaluations. J.P. Morgan Self-Directed Investing lacks phone support for prospective customers.
Overall Assessment
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Fidelity: Rated as the top overall broker for 2023, offering $0 trades, extensive research, excellent trading tools, and an easy-to-use mobile app. It excels in various categories, winning several industry awards.
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J.P. Morgan Self-Directed Investing: Geared towards Chase Bank customers, offering access to J.P. Morgan research. However, its brokerage features are less extensive compared to industry leaders.
This comparison provides a detailed overview of the strengths and weaknesses of both brokers, allowing potential investors to make informed decisions based on their specific preferences and investment needs.