J.P. Morgan Chase is a US-regulated brokerage that offers self-directed trading and managed accounts. The brand has a 200+ year history and manages upwards of $2.6 trillion in assets spanning 100+ countries. Adding to its credibility, the brand is listed on the NYSE and a constitute of the S&P 500.
Freetrade is a London-headquartered investing platform that offers zero-commission trading on thousands of UK, European and US stocks and ETFs through a beginner-friendly platform. Open a standard investment account, a self-invested pension or a stocks and shares ISA and start building a portfolio from as little as £2.
Comment by Reviewer
"J.P. Morgan Chase is best for new investors looking to buy and sell assets on a user-friendly mobile app. The broker's robo-advisors will also appeal to hands-off investors."
"Freetrade provides a simple and affordable way for casual investors to build a diverse portfolio of 6000+ US, UK and European stocks with zero commissions."
Pros
Strong regulatory oversight with FINRA and SPIC membership
Hugely respected brand with a long history in financial services
Easy to manage, move and transfer funds on the Chase mobile app
Services suitable for all experience levels and investment goals
Smooth and fully digital account opening process
Easy-to-use mobile app with stable interface
Access to thousands of tradeable instruments
No minimum balance requirement
Commission-free stock trading
FCA-regulated brand with FSCS cover for investors
Thousands of US and UK stocks and hundreds of ETFs to choose from
Very competitive pricing vs competitors with low fees and zero commissions
Earn interest on uninvested cash with competitive rates
Transfer/move ISAs from other accounts
News and blog feed updated regularly
Built-in customer support via live chat
Fast revenue withdrawals
Dividends on stocks
Cons
No demo account to practice investing risk-free
Limited payment methods supported
No MetaTrader 4 integration
No forex or crypto trading
Competitors have larger selection of assets
Trading platform lacks deep analytical tools
Less suitable for active, high-volume traders
Many countries not accepted
No leveraged trading
No demo account
Awards
Best Online Trading Platform 2020 - British Bank Awards
Best Share Trading Platform 2019 - British Bank Awards
People’s Choice 2019 - Good Money Guide
Best New Investment Service 2019 - Consumer Investment Awards
