Webull vs J.P. Morgan Comparison
Chase You Invest has rebranded itself J.P. Morgan Investing. Can this change give it an edge over
low-cost rival Webull? We shall see momentarily.
Cost
| Broker Fees |
Stock/ETF
Commission |
Mutual Fund
Commission |
Options
Commission |
Maintenance
Fee |
Annual IRA
Fee |
|
Webull
|
$0
|
na
|
$0 per contract
|
$0
|
$0
|
|
Chase
|
$0
|
$0
|
$0.65 per contract
|
$0
|
$0
|
Services
| Broker Review |
Cost |
Investment Products |
Trading Tools |
Customer Service |
Research |
Overall Rating |
|
Webull
|
|
|
|
|
|
|
|
Chase
|
|
|
|
|
|
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Promotions
Webull:
3.5% match on your contributions and $20 stock bonus with $500 deposit at Webull.
J.P. Morgan:
Get $0 stock commissions at J.P. Morgan.
Investing Choices
At J.P. Morgan Investing, traders can open either a self-directed account.
In self-directed accounts, thousands of ETFs are available along with stocks, mutual funds, money-market funds, Treasuries, closed-end funds, and option contracts.
Webull does provide a robo-advisory service, and that’s obviously a major difference right off the bat.
It does of course provide self-directed trading. The broker’s asset lineup includes stocks, ETFs, options, closed-end funds, cryptocurrencies, futures, event contracts, and some fixed-income products, although it does not offer mutual funds.
Winner: Webull
Website Trading
To manage accounts, J.P. Morgan Investing offers (via Chase.com) a simple website. There is no browser trading platform, so this website is all clients get.
The site has very basic charting, although there are a few tools. During our research, we found 10 drawing tools and 8 graph styles. Unfortunately, a chart cannot be expanded the full width of the monitor. Only 3 years of price data can be displayed.
The self-directed order form has 4 order types (market, limit, stop, and stop limit) and 5 duration choices (including on-the-open and on-the-close).
Option chains can be accessed from a security’s profile. Only calls and puts are shown. There are no spreads. Hovering over a bid or ask price generates a drop-down menu with trading choices.
Webull’s website is also very simple. It has no trading capability at all, but the site has a trading platform. Launching it from the site generates a separate tab. Here, we found lots of tools not available on the J.P. Morgan Investing site; for example, there are widgets for time & sales data, a price ladder, and National Best Bid & Offer.
Like J.P. Morgan’s site, option chains on Webull’s browser platform also have just calls and puts. But charting is much more advanced with full-screen mode, technical indicators, and right-click trading. And with a demo mode (which J.P. Morgan Investing doesn’t provide), it’s easy to practice the software without putting actual money on the line.
Winner: Webull
Desktop Software
Option traders will find much more to like on Webull’s desktop program. In addition to chains for calls and puts, there are also pre-installed strategies like iron butterflies and verticals. Clicking on a bid or ask price automatically fills a discrete options order form for the selected strategy. A graphical mode is incorporated into the order form, and it’s easy to adjust the trade by dragging legs along a horizontal line.
Other great features on Webull’s desktop platform include an Active Trade ticket. With this order form, stocks and ETFs can quickly be traded with customizable buttons; just click on a button, and immediately buy 200 shares of the entered ticker symbol at the ask price with no extended hours (or whatever parameters you have set). It’s that easy.
And we really like Webull’s economic calendar that displays upcoming earnings, dividends, and splits.
J.P. Morgan Investing has no desktop platform to speak of.
Winner: Webull
Mobile Apps
J.P. Morgan Investing’s mobile app has the same charting software as its website, although a graph cannot be displayed horizontally. This makes charting somewhat cumbersome.
Self-directed customers will find the same trade ticket the website has (charting on the website seems to function a little better than charting on the mobile platform). Screeners and other research tools make appearances as well.
Because J.P. Morgan Investing is associated with Chase Bank, helpful cash management tools are available as well (banking and brokerage customers use the same app); these resources include an ATM locator and mobile check deposit.
Webull’s app doesn’t have these banking features, but it does have a lot of potent trading tools that are missing in action on the Chase app. Webull’s trading ticket makes an appearance on its mobile app in nearly identical form. Surprisingly, the mobile order form is actually more advanced with selections for OTO (one triggers the other), OCO (one cancels the other), and OTOCO (one triggers a one cancels the other).
Other important features on Webull’s mobile app include advanced charts with many tools, a watchlist that syncs with the broker’s other platforms, alerts, and social networking with other Webull customers.
Winner: Webull
Margin Borrowing
J.P. Morgan's margin schedule starts at
11.5% and ends at 6.5% for balances above $10 million.
Webull's rates vary from 5.74% to 8.74%.
Winner: Webull
Miscellaneous Services
Banking Tools: A linked Chase Bank account makes moving funds in and out of a J.P. Morgan Investing
account quick and easy. Webull now pays a very attractive
3.35% APY interest on cash balances–more than all traditional banks.
IPO Availability: Webull, but not J.P. Morgan Investing, provides free access to imminent IPOs.
Fractional-share Trading: Both brokerage firms in this investigation provide trading in partial shares of stocks and ETFs.
IRAs: Available at both firms.
Dividend Reinvestment Program: Ditto.
Extended Hours: Webull has pre-market and after-hours trading sessions. J.P. Morgan Investing does not.
Automatic Mutual Fund Investing: It’s possible to establish recurring purchases of mutual funds inside a J.P. Morgan Investing account.
Winner: Webull
Recommendations
Small Accounts: Neither brokerage house imposes any minimums on self-directed accounts.
IRAs: Educational articles covering retirement issues give J.P. Morgan a slight edge over its rival here.
Mutual Fund Trading: The only option here is J.P. Morgan Investing.
Stock/ETF Trading: Webull has much better software and trade recommendations.
Beginners: Webull’s robo-advisor is great for beginners and simulated trading would be a great
way to practice self-directed trading, too.
Webull vs J.P. Morgan Judgement
J.P. Morgan Investing, either in automated or self-directed mode, would be a good choice for
Chase Bank customers because opening a securities account and funding it is quick and easy. But
the most advanced trading experience will be found at Webull.
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Updated on 3/21/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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