Please Read Carefully

This schedule applies to Self-Directed Investing Accounts. Please note that fees and other information are subject to change.

U.S. LISTED STOCKS & EXCHANGE-TRADED FUNDS2,3 $0.00/Trade1 $25.00/Trade
OPTIONS2,4 $0.00/Trade1 + $0.65/Contract $25.00/Trade + $0.65/Contract
MUTUAL FUNDS 5 $0.00/Transaction $20.00/Transaction
Including auctions and secondary
$0.00 $0.00
Corporate bonds, municipal bonds, government agency
bonds, brokered CDS
$10.00/Trade + $1.00/Bond Over
10 Bonds ($250 Maximum)
$30.00/Trade + $1.00/Bond Over
10 Bonds ($270 Maximum)
Brokered CDS
(Selling concession included in price)
(Selling concession included in price)

Account Fees

Debit Balance Interest due to fees, pre-payment, late
payment and other miscellaneous charges above free
chase available
Prevailing Margin Rate
  • $0 to $25,000: Prime + 4.75%
  • $25,001 to $50,000: Prime + 4.50%
  • $50,001 to $100,000: Prime + 4.00%
  • $100,001 to $500,000: Prime + 3.75%
  • $500,001 to $1,000,000: Prime + 3.00%
  • $1,000,001 to $3,000,000: Prime + 2.50%
  • $3,000,001 to $10,000,000: SOFR + 2.35%
  • $10,000,001 and above: SOFR + 1.85%
  • Other fees and costs, including fees intended to offset fees charged by certain regulatory bodies and costs for foreign currency transactions, foreign clearing charges and safekeeping, may apply.

    Certain products and order types, including low-priced securities, block and algorithmic trades, are not available to Self-Directed Investing Accounts. Please speak with the Self-Directed Investing team for more information.

    1 Commission-free online trades apply to trading in U.S.-listed stocks, exchange-traded funds (ETFs) and options. Options trades are subject to a $0.65 per-contract fee. Sales are subject to a regulatory transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning certain investments, including mutual funds and ETFs. Offer terms and pricing are subject to change and/or termination. Other fees and restrictions (including account types) apply. See for terms and conditions.

    2 Sales of U.S. listed stocks and exchange-traded funds (ETFs) are subject to a transaction fee of between $0.01 and $0.03 per $1,000 principal. Purchases and sales of options are subject to an additional transaction fee of between $0.02 and $0.05 per options contract. Transaction fees are intended to offset fees charged by various regulatory bodies and/or exchanges, and change periodically; please refer to your trade confirmation for the current fee. The amount collected may be more or less than the amount ultimately paid to the various regulatory bodies and/or exchanges. In the event of the former, no reimbursement will be distributed back to your account, and, in the event of the latter, there will be no additional charge made to your account. Foreign equity transactions are subject to a commission of 0.20% of the principal amount of the shares sold.

    3 There are costs associated with owning ETFs. Before investing in ETFs, you should consider the funds' investment objectives, risks, charges and expenses. Contact the service center for a prospectus or, if available, a summary prospectus containing this information. Read it carefully. ETFs are subject to market fluctuation and the risks of their underlying investments; ETFs are also subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their net asset value (NAV), and are not individually redeemed from the fund.

    4 Options strategies currently available include: covered calls, cash secured puts, protective puts, long equity calls and long equity puts. Options trading involves risk; is not suitable for all investors; and is subject to approval. Before buying and selling options, investors should understand all of their rights and obligations associated with trading options. For information about options trading, including the risks, please review the "Characteristics and Risks of Standardized Options, Opens overlay".

    5 There are costs associated with owning a mutual fund, such as annual operating fees and expenses. This and other important information is included in the prospectus, which should be read carefully before investing. Investors should carefully consider the investment objectives and risks, as well as charges and expenses of the mutual fund before investing. To obtain a prospectus, call the service center or visit the fund company's website. The prospectus contains this and other information about the mutual fund. Read the prospectus carefully before investing.

    Please access your account at or via the J.P. Morgan Mobile® app for information and instructions on how to go paperless.

    Please also review the applicable regulatory and other disclosures available on J.P. Morgan’s public website at:

    For more information. Please contact the Self-Directed Investing team if you require further information on any of the fees and charges set out in this Fee and Commission Schedule, or on any other fees and charges that may be applicable.

    “J.P. Morgan Securities” is a brand name for a wealth management business conducted by JPMorgan Chase & Co. (“JPMC”) and its subsidiaries worldwide. JPMorgan Chase Bank, N.A. and its affiliates (collectively “JPMCB”) offer investment products, which may include bank-managed accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered through J.P. Morgan Securities LLC (“JPMS”), a member of FINRA and SIPC. JPMCB and JPMS are affiliated companies under the common control of JPMorgan Chase & Co.