How much money do you need to invest with J.P. Morgan?

A Self-Directed Investing account has no account minimums, meaning you can invest with J.P. Morgan with as little as $1. However, if you're interested in the Automated Investing account, you'll need at least $500 to get started.

How do I invest with J.P. Morgan?

You can invest with J.P. Morgan by opening a Self-Directed Investing account and choosing your own investments. If you have more than $500 to invest with, you can also open an Automated Investing account, which will automate your investments through a robo-advisor.

J.P. Morgan Investing Review: Zero-Dollar Commissions and No Minimums

Review Updated May 16, 2024

By: Cole Tretheway and Steven Porrello

Our Brokerages Experts

Fact Checked Ashley Maready

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J.P. Morgan Investing might be for you if: You're looking for a low-fee brokerage that charges $0 mutual fund commissions. J.P Morgan combines Self-Directed and Automated Investing under one roof; you can manage everything in one place. In this J.P. Morgan Investing review, we'll cover everything you need to know to decide whether this brokerage is for you.

Ratings Methodology

2024 Award Winner

J.P. Morgan Self-Directed Investing

Open Account

Our Rating:

Rating image, 4.0 out of 5 stars.

4.0/5

Bottom Line

J.P. Morgan Investing is one of those rare brokers that charges zero transaction fees to buy and sell mutual funds. It's easy to use, even though it combines self-directed investing and an optional robo-advisory platform in one app. It's no-frills compared to other brokers, and it's most convenient for Chase customers. Pick this platform for low mutual fund fees and a no-nonsense interface.

Fees:

$0 per trade

Account Minimum:

Special Offer

Earn a bonus up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account (retirement or general) with qualifying new money by 7/19/2024.

Open Account for J.P. Morgan Self-Directed Investing

On J.P. Morgan Self-Directed Investing's Secure Website.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.

Account	Fees	Account Minimum
Featured Offer Rating image, 4.5 out of 5 stars. 4.5/5 Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.	$0 for stocks, ETFs, and options; $5 monthly for Robinhood Gold	$0	Open Account for Robinhood
	$0 for stocks, $0 for options contracts	$0	Open Account for SoFi Invest
Rating image, 5.0 out of 5 stars. 5.0/5 Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.	$0 commission for online U.S. stock and ETF trades; trade fractional shares for as little as $1	$0	Open Account for Fidelity

Full J.P. Morgan Investing review

Author's note: My favorite brokers are those that make investing in stocks and ETFs easy and affordable. I've been investing for three years, and I plan on holding my investments for decades. Robinhood is my go-to platform. Top perks include IRA match and a no-frills interface. I don't day trade or dabble in mutual funds, but I do invest in Bitcoin; it's a must-have option.

Jump To

Earn a bonus up to $700

To receive the bonus, customers must open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.

$700 when you fund with $250,000 or more
$325 when you fund with $100,000-$249,999
$150 when you fund with $25,000-$99,999
$50 when you fund with $5,000-$24,999

TIP

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Investment offerings

J.P. Morgan offers a variety of standard investing options. Some brokers offer more, but the inclusion of mutual funds is less common.

Investments

ETFs
Mutual funds
Stocks

Brokerage accounts

IRA
Joint brokerage
Robo-advisory
Roth IRA
Traditional brokerage

J.P. Morgan is much more than a brokerage; it also offers the following services:

Bank accounts
Credit cards
Personal loans

Commissions and fees

J.P. Morgan charges zero transaction fees to trade stocks, ETFs, and mutual funds. It charges an advisory fee for investors who opt into its robo advisor. The fees below apply if you use the online portal; broker-assisted trades cost an extra $20 to $25 per trade.

Reason	Cost
Stock and ETF commissions	$0
Mutual funds commissions	$0
Options per-contract fee	$0.65
Automated Investing advisory fee	0.35%
Account transfer fee	$75
Wire transfer fee	$25

Data source: J.P. Morgan

Margin rates

J.P. Morgan Investing offers margin accounts tied to variable interest rates. Rates can change, but generally speaking, the more you borrow, the better your rate.

Borrowed amount	Rate
$0 to $25,000	Prime + 4.75%
$25,001 to $50,000	Prime + 4.50%
$50,001 to $100,000	Prime + 4.00%
$100,001 to $500,000	Prime + 3.75%
$500,001 to $1,000,000	Prime + 3.00%
$1,000,001 to $3,000,000	Prime + 2.50%
$3,000,001 to $10,000,000	SOFR + 2.35%
$10,000,001 and above	SOFR + 1.85%

Data source: J.P. Morgan Investing fee schedule.

Research and education

Access to stock research can be a valuable tool for seasoned investors, as well as beginners. J.P. Morgan investment clients have access to J.P. Morgan's proprietary stock research, which covers more than 1,200 publicly traded companies.

Interface

J.P. Morgan is primarily an app-based trading platform. The Chase Mobile® App provides a way for J.P. Morgan Self-Directed Investing customers to trade on the go. And unlike some of the other leading app-based trading platforms, such as Robinhood and Webull, J.P. Morgan offers a range of investment products, including mutual funds and individual bonds.

App

The Chase Mobile® App has strong reviews on iOS and Google Play. It's rated 4.8 and 4.4 out of 5, respectively. Recent reviews indicate it has the basics down and makes it easy to access all your Chase accounts in one place. Some users have issues logging in and with the app crashing.

Customer service

Opinions of J.P Morgan Chase & Co. are mixed. Its BBB rating is A+, which means it typically responds to customer complaints. But customer reviews are 1.09 / 5 on the BBB website and 1.9 / 5 on Trustpilot. This is actually pretty standard for banks, though some score much better.

You can contact customer service in one of a few ways:

Phone line Monday to Friday from 8 a.m. to 9 p.m. ET
In-person at Chase branches
24/7 online chat via the Chase Digital Assistant in the Chase Mobile® App

Security

J.P. Morgan Investing is very secure. Deposits are insured by the SIPC (Securities Investor Protection Corporation) up to $500,000. The Chase Mobile® App encrypts data, enables touch or face I.D., and monitors your accounts for suspicious activity.

About

J.P. Morgan founded J.P. Morgan & Co. in 1895. In 2000, J.P. Morgan & Co. merged with Chase Manhattan Bank to form JPMorgan Chase. Since then, the investment firm has expanded to offer other services, including the J.P Morgan Investing brokerage platform.

Learn more about J.P. Morgan Investing

Keep reading about J.P. Morgan Investing on these pages:

Review sources

Our brokerage rating methodology

At The Motley Fool Ascent, brokerages are rated on a scale of one to five stars. We primarily focus on fees, available assets, and account types; however, we also take into account features like research, education, tax-loss harvesting, and highly rated mobile apps. Our highest-rated brokerages generally include low fees, a diverse range of assets and account types, and useful platform features.

See our full methodology here: Ratings Methodology

FAQs

A Self-Directed Investing account has no account minimums, meaning you can invest with J.P. Morgan with as little as $1. However, if you're interested in the Automated Investing account, you'll need at least $500 to get started.
You can invest with J.P. Morgan by opening a Self-Directed Investing account and choosing your own investments. If you have more than $500 to invest with, you can also open an Automated Investing account, which will automate your investments through a robo-advisor.

Our Brokerages Experts

By: Cole Tretheway

Cole Tretheway is a full-time personal finance writer whose articles have been featured on The Ascent and The Motley Fool. He has a degree in English with a Certificate in Professional and Technical Communication from California Polytechnic University, SLO.

By: Steven Porrello

Writer

Steven is a personal finance writer covering topics from mortgages to credit cards to market news. He has written for The Motley Fool Canada, Ramsey Solutions, Nerdwallet, Clever Real Estate, and other major outlets. Steven launched his writing career at the age of four with his first book, "Revenge of the Bad Guys." He currently lives in Portland, Oregon.