Platform Comparison

E*TRADE vs J.P. Morgan Self-Directed Investing

Detailed side-by-side comparison to help you choose the best platform for dividend investing

Higher Rated
ET

E*TRADE

4.6

A full-service brokerage backed by Morgan Stanley, offering exceptional research, education, and five trading platforms for every skill level.

JP

J.P. Morgan Self-Directed Investing

4.3

Chase bank's self-directed investing platform with seamless banking integration, commission-free trading, and access to J.P. Morgan research.

Feature Comparison

FeatureE*TRADEJ.P. Morgan Self-Directed Investing
Our Rating4.6/54.3/5
Trading Commissions$0$0
Account Minimum$0$0
Fractional SharesDRIP onlyYes
DRIPFreeFree
Research ToolsExcellentGood
Best ForResearch-Focused InvestorsChase Bank Customers

Pros & Cons

E*TRADE

Pros

  • + Commission-free trading on stocks and ETFs
  • + Industry-leading research from Morgan Stanley, Morningstar, and MarketEdge
  • + Free dividend reinvestment with fractional share support
  • + Five trading platforms from beginner-friendly to professional
  • + 5,000+ no-transaction-fee mutual funds

Cons

  • - No direct fractional share purchases (only through DRIP)
  • - Website navigation can be confusing
  • - Low interest rate on uninvested cash
  • - No cryptocurrency trading (coming 2026)

J.P. Morgan Self-Directed Investing

Pros

  • + Commission-free trading on stocks, ETFs, and mutual funds
  • + Seamless integration with Chase banking accounts
  • + Fractional shares available for direct purchases
  • + Free dividend reinvestment with fractional share support
  • + Access to J.P. Morgan proprietary research

Cons

  • - Trading interface feels clunky compared to Merrill Edge
  • - Extremely low 0.01% APY on uninvested cash
  • - No cryptocurrency, futures, or forex trading
  • - Limited investment screeners and analysis tools

Which Platform is Right for You?

Choose E*TRADE if you...

  • Want research-focused investors focused features
  • Prefer a higher-rated overall platform

Choose J.P. Morgan Self-Directed Investing if you...

  • Want chase bank customers focused features

Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.