Chase Brokerage Fees: Trading, Account Management
Whether you are considering opening a brokerage account at Chase or already have one, knowing which fees are associated with the broker is good.
Keep reading to learn more.
Chase Brokerage Account Fees
Chase is A low-cost broker offering a zero-commission trading model for US-listed stocks and ETFs.
While Chase's pricing model is competitive, it isn't entirely free. Certain investment vehicles, such as options and mutual funds, come with per-contract commissions. Other fees are associated with account activities like money transfers and paper document requests. Another type of fee to be aware of is the premium charged for margin trading.
Understanding which Chase accounts have deposit and balance minimums is also important.
Chase Trading Fees
Other than commissions, there are several trading fees that investors at Chase will see.
Chase Stocks and ETFs Fees
For online trades of US-listed equities and ETFs, no commissions are charged. However, if you call the trading desk to place your trade, you will pay $25 for each trade.
Whatever kind of transaction style you choose, there are always regulatory and clearing fees attached to your trades. These trades are quite small, ranging from $.01 to $.03 per $1000 of equity, and most traders don’t even notice when the fees are taken out at the end of each month. That said, some trading styles can cause these smaller fees to add up quite quickly.
Options
Another trading fee to be aware of is the per-contract fee for options trades. Chase does not charge a commission on options trading, but there is a $0.65 fee for each contract traded.
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Mutual Funds
When it comes to mutual funds, there is no transaction fee for no funds. However, load funds come with a $20 transaction fee.
Fixed Ancome
Similarly, fixed-income securities Have different pricing models.
For example, online transactions with US treasury Issues of brokered CDs have no transaction costs associated with them.
However, Corporate bonds, government agency bonds, And broker CD trading on the secondary market cost $10 per transaction.
Chase Transfer Fees
ACH transfers are free, but there are fees for account and wire transfers.
Outgoing account transfers come with a fee of $75. The fee applies to Chase brokerage and retirement accounts.
Domestic wire transfers cost $25, and it’s good to note that Chase does not support international wire transfers.
Chase Account Minimums and Maintenance Fees
For the standard Chase brokerage accounts, there is no account minimum to worry about. However, as mentioned above, there is a $250 minimum for automated investing accounts.
Margin Rates
Chase brokerage accounts have the following margin rates:
|
Debit Balance
|
Margin Interest Rates
|
|
$0.01 - $4,999
|
12.25%
|
|
$5,000 - $9,999
|
12.25%
|
|
$10,000 - $24,999
|
12.25%
|
|
$25,000 - $49,999
|
12%
|
|
$50,000 - $99,999
|
11.5%
|
|
$100,000 - $499,999
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11.25%
|
|
$500,000 - $999,999
|
10.5%
|
|
$1,000,001 - $3,000,000
|
10%
|
Chase Brokerage Account Fees Summary
In summary, Chase Brokerage accounts offer a low-cost model with zero commission trading for US-listed stocks and ETFs. However, fees are associated with particular investment vehicles and account activities. Options and mutual funds come with per-contract commissions, and account activities such as money transfers and requests for paper documents also incur fees. Chase is not expensive, but some brokers with lower fees offer similar services.
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Updated on 1/1/2025.
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