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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.
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JP Morgan Brokerage Commissions
Investments | Commissions |
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)
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$0 |
Secondary Markets (corporate bonds, municipal bonds, government agency bonds, brokered CDS)
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$10.00 / Trade + $1.00 / Bond Over 10 Bonds ($250 Maximum)
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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
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JP Morgan Margin Rates
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$0.01 - $4,999
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12.75%
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$5,000 - $9,999
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12.75%
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$10,000 - $24,999
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12.75%
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$25,000 - $49,999
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12.5%
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$50,000 - $99,999
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12%
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$100,000 - $499,999
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11.75%
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$500,000 - $999,999
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11%
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$1,000,001 - $3,000,000
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10.5%
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JP Morgan Additional Fees
Automated Customer Account Transfer (ACAT)
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$75
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Retirement Brokerage Account Termination
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$75
Applies when all assets are distributed or transferred out of the
account.
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Overnight/Express Mail
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$10
per item
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Wire Transfer
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$25
per wire – This fee does not apply to internal wire transfer
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Late Payment/Cash Due Interest
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PRIME + 4.75%
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Pre-payment advance before trade settles
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PRIME + 4.75%
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Stop Payments
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$30
per item
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Check Returns
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$12
per check
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Administration of ALTERNATIVE
INVESTMENT FEES
(includes limited
partnerships, private
equity funds, hedge
funds, REITs, etc.)
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$250
per investment per year
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Legal Transfers
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$25
per certificate
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Safekeeping
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$10 per position, per month
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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
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$0
|
$49.95 ($0 to sell)
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$0.65 per contract
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$0
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$0
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Robinhood
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$0
|
na
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$0 per contract
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$0
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$0
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Firstrade
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$0
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$0
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$0 per contract
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$0
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$0
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Chase
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$0
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$0
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$0.65 per contract
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$0
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$0
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JP Morgan Inactivity and Maintenance Fees
JP Morgan Investing does not charge inactivity or maintenance fees.
JP Morgan Review
Read full
JP Morgan Investing Review.
Updated on 10/30/2024.
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.
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