JP Morgan Online Trading
Current Promotions
No promotions.
Equity Commission Rate
$0. $25 for broker-assisted trades. $20 for mutual funds. Foreign stocks and OTC stocks cannot be accessed.
Option Rate
$0.65 per option contract.
Margin Interest Rate
Not clear if margin lending is even available through the online product.
Interest on Uninvested Cash
$0, but can be connected to your other accounts at Chase.
Customer Reviews for JP Morgan Online Trading
Please share your experience below.
Abzie
December 4, 2021 |
Chase is actually doing a better job with this and advertising all over the place. I've found execution to be quite good. The real drawback is that you cannot trade after hours so if you are going to invest in a stock that is prone to really bounce around, you probably want to do that in another account. But, I have found that this definitely makes sense for a small account with $150,000 in solid equities (Ford, Pfizer, ConEd-type issues) that I will not be selling for years. As the earlier comment mentions, that gets Private Client status. Private Client status with Chase might some value (free ATMs worldwide is the only value I see). Not yet ready to put more in here or transfer assets from other accounts.
Yaya Smith
November 11, 2021 |
Not fully baked. It has been around for years and Chase has never been able to get it right, but it is good for some holdings if you you are trying to maintain your Chase Private Client status.
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