J.P. Morgan Chase vs Vanguard

J.P. Morgan Chase vs Vanguard Comparison Table 2024
J.P. Morgan Chase Vanguard
3

J.P. Morgan Chase is #35 in our broker rankings.

2.8

Vanguard is #35 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.

Vanguard is a US-headquartered brokerage with 50 million clients globally and $8+ billion in assets under management. The brands offers investing in stocks, mutual funds, bonds, ETFs and options with low fees. The trusted broker is regulated by the SEC, FINRA and FCA.

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." "We recommend Vanguard for long-term investors looking for managed accounts and self-directed trading opportunities. Fees are competitive, with zero-commission stock and ETF trading."
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
  • Trusted since 1975 with strong regulatory oversight in the US and UK
  • Retirement and ISA accounts available alongside traditional investing solutions
  • Fully managed accounts providing a hands-off approach to investing
  • Excellent education and user guides compared to alternatives
  • Competitive fee structure with a 0.15% account fee
  • Commission-free stock and ETF trading
  • Well-designed mobile app
  • ESG funds available
Cons
  • No demo account to practice investing risk-free
  • Limited payment methods supported
  • No MetaTrader 4 integration
  • No forex or crypto trading
  • Limited payment methods - credit cards, cheques and e-wallet are not supported
  • High minimum investment amounts, including $3000 for the majority of mutual funds
  • No demo account available to practise trading risk-free
  • Focused on US clients
Instruments
Stocks, Options, Mutual Funds, Bonds, ETFs Stocks, ETFs
Demo Account
No No
Minimum Deposit
$0 $1
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 $1
Regulator
FINRA, SEC, CFTC, NFA SEC, FINRA
Margin Trading
Yes Yes
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 Yes
Robo Advisor
Yes Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Auto Portfolios Yes
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 Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Stock Exchanges
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