J.P. Morgan Chase vs Personal Capital

J.P. Morgan Chase vs Personal Capital Comparison Table 2023
J.P. Morgan Chase Review 2023 Personal Capital Review 2023
3

J.P. Morgan Chase is #38 in our broker rankings.

3.3

Personal Capital is #22 in our broker rankings.

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. 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.

Empower (formerly Personal Capital) is a popular, SEC-regulated US financial advisory and investment platform that offers pensions, ready-made investment plans and do-it-yourself, commission-free investing through a large range of mutual funds, ETFs, individual equities and fixed-income securities. The broker has an impressive 3.4 million clients.

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." "Personal Capital (now Empower) is a great option for investors seeking a flexible way to build an investment portfolio or pension plan. It is a particularly good fit for US traders owing to the SEC oversight."
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
  • FDIC-insured cash account with no minimum balance requirement
  • Segregated client funds with a top-tier custodian bank
  • A wealth of free financial analysis and planning tools
  • Easy-to-use platform and financial dashboard
  • Well-known and popular investing platform
  • Strong regulatory oversight from SEC
  • Mobile app
Cons
  • No demo account to practice investing risk-free
  • Limited payment methods supported
  • No MetaTrader 4 integration
  • No forex or crypto trading
  • Wealth management services only for customers with $100,000+ in invested assets
  • No forex, futures or cryptocurrencies
  • An annual advisory fee of 0.89%
  • No demo account
  • US residents only
Awards
  • Best for Portfolio Management 2020
Instruments
Stocks, Options, Mutual Funds, Bonds, ETFs Stocks, ETFs, Mutual Funds, Fixed Income
Demo Account
No No
Minimum Deposit
$0 $1 (Cash), $100,000 (Robo Advisor)
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 Variable
Regulator
FINRA, SEC, CFTC, NFA SEC
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Auto Portfolios Yes (Auto Portfolios)
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
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