J.P. Morgan Chase vs Interactive Brokers

J.P. Morgan Chase vs Interactive Brokers Comparison Table 2023
J.P. Morgan Chase Interactive Brokers
WINNER
Interactive Brokers is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US accepted
J.P. Morgan Chase is a US-regulated brokerage that offers self-directed trading and managed accounts through a user-friendly mobile app. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
Pros
  • Low minimum deposit
  • Strong regulatory oversight
Cons
  • No demo account
  • No MT4 integration
  • No copy trading
  • Narrow range of investments
  • Few payment methods offered
Instruments
Stocks, Options, Mutual Funds, Bonds, ETFs Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
No Yes
Minimum Deposit
$0 $10000
Payment Methods
Minimum Trade
$1 $100
Regulator
FINRA, SEC, CFTC, NFA SEC, FCA, IIROC, SFC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
No No
Autochartist
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
Auto Portfolios
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • HUF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:50
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread<
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
Forex Trading
Forex trading not offered
GBPUSD Spread
Commission (.20 pts x trade value)
EURUSD Spread
Commission (.20 pts x trade value)
EURGBP Spread
Commission (.20 pts x trade value)
Assets
70+
Cryptocurrency
Crypto trading not offered
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
J.P. Morgan Chase
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Interactive Brokers
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