j.p. morgan brokerage account fees J.P. Morgan Chase Brokerage Rating

JP Morgan Chase Brokerage Hidden Fees (2024)


JP Morgan Investing (aka JPM, Chase brokerage) account hidden fees schedule, commissions, stock trading cost, annual and inactivity charges, and cash sweep rates.


JP Morgan Brokerage Commissions


InvestmentsCommissions
Stocks and ETFs $0
Options $0.65 per contract
Mutual funds $0
U.S. treasury bills, notes and bonds $0
New Issues (corporate bonds, municipal bonds, government agency bonds, brokered CDS) $0
Secondary Markets (corporate bonds, municipal bonds, government agency bonds, brokered CDS) $10.00 / Trade + $1.00 / Bond Over
10 Bonds ($250 Maximum)

Investments stocks, mutual funds, options, bonds, ETFs
J.P. Morgan Chase minimum deposit to open account $0 for cash account, $2,000 for margin accounts


JP Morgan Margin Rates


Debit Balance JP Morgan Margin Rates
$0.01 - $4,999 12.75%
$5,000 - $9,999 12.75%
$10,000 - $24,999 12.75%
$25,000 - $49,999 12.5%
$50,000 - $99,999 12%
$100,000 - $499,999 11.75%
$500,000 - $999,999 11%
$1,000,001 - $3,000,000 10.5%



JP Morgan Additional Fees


Automated Customer Account Transfer (ACAT) $75
Retirement Brokerage Account Termination $75 Applies when all assets are distributed or transferred out of the account.
Overnight/Express Mail $10 per item
Wire Transfer $25 per wire – This fee does not apply to internal wire transfer
Late Payment/Cash Due Interest PRIME + 4.75%
Pre-payment advance before trade settles PRIME + 4.75%
Stop Payments $30 per item
Check Returns $12 per check
Administration of ALTERNATIVE INVESTMENT FEES (includes limited partnerships, private equity funds, hedge funds, REITs, etc.) $250 per investment per year
Legal Transfers $25 per certificate
Safekeeping $10 per position, per month



JP Morgan Annual Fee


JP Morgan Investing does not have an annual fee for individual or joint taxable brokerage accounts. Chase brokerage also does not charge an annual IRA fee. There are no monthly account fees.


Cost Comparison


Broker Fees Stock/ETF
Commission
Mutual Fund
Commission
Options
Commission
Maintenance
Fee
Annual IRA
Fee
Charles Schwab $0 $49.95 ($0 to sell) $0.65 per contract $0 $0
Robinhood $0 na $0 per contract $0 $0
Firstrade $0 $0 $0 per contract $0 $0
Chase $0 $0 $0.65 per contract $0 $0



JP Morgan Inactivity and Maintenance Fees


JP Morgan Investing does not charge inactivity or maintenance fees.


JP Morgan Investing Commissions


JP Morgan Review


J.P. Morgan Chase Brokerage Rating

Read full JP Morgan Investing Review.


Updated on 10/30/2024.


About the Author
Arthur Chachuna is a professional personal finance blogger, and the owner of Brokerage-Review.com. He has been an avid investor for 25 years, and has a background in both applied math and programming.