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."
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
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