How to Open a J.P. Morgan Self-Directed Investing Account
Key points:
• It’s simple to open a brokerage account online with J.P. Morgan Self-Directed Investing.
• You don’t need any money to open a J.P. Morgan Self-Directed Investing account.
• You must have a U.S. residential address.
If you’re thinking about opening a new brokerage account at J.P. Morgan Self-Directed Investing, you’re in the right place. Follow our steps and you’ll have an account set up quickly.
Instructions for New Clients
Opening a new account with J.P. Morgan Self-Directed Investing only takes a few minutes. First, go to
chase.com. Click on “Investing by J.P. Morgan.” A drop-down menu will appear with several investing options.
Click on “Invest on your own.” This leads you to the brokerage section. The next page shows details about a $700 promotion and a green button to open an account. Click on it to begin.
A pop-up window will appear with three options: general investing, Traditional IRA, and Roth IRA. The general investing option is taxable and can have one or two owners.
No matter which account type you pick, you must have a valid U.S. address and a Social Security Number. Without these, you can’t open an account. Military addresses on U.S. bases abroad are allowed.
After choosing the account, you’ll begin the full application. If you are already a JPMorgan client with a chase.com login, you can say so, and some details will fill in automatically.
Without logging in, the first page of the application asks for your name, birthdate, Social Security Number, and more. U.S. citizenship isn’t required, but a U.S. residential address is.
A driver’s license or state ID is required to submit the application. No other ID forms are accepted for U.S. or foreign residents.
Enter the requested details and submit the application when ready.
New customers can also apply on a phone. Just tap on the link at the bottom of the Chase app (without logging in) to start a new account. This opens a mobile-friendly webpage for the same application. We found this process easy to use during testing.
JP Morgan Promotion
Open JP Morgan Account
Instructions for Existing Clients
If you already have a Chase login, open the mobile app and tap the wallet icon at the top-left after logging in. On the next page, you’ll see various product icons. Tap on “Invest on your own.” This loads the same application we discussed, but in mobile format.
Current customers can also open new accounts on the website. After logging in, click on the Investments tab. In the drop-down menu, look under “Open an account.” Click on “Invest on your own” to open a self-directed brokerage account. Follow the prompts. Some details will already be filled in.
Margin Capability
A new taxable account at JPMorgan can be opened as either cash or margin.
Minimum Deposit Required
J.P. Morgan Self-Directed Investing doesn’t require a minimum deposit. Keeping some money in the account prevents closure.
Special Note for Non-Americans
Applicants who are not U.S. citizens must give these details:
- Country of citizenship
- Green-Card status
- Resident-alien status (if not a Green-Card holder)
Soft Inquiry Alert
J.P. Morgan Self-Directed Investing will do a soft credit inquiry. If you have a credit freeze, remove it before applying, or the application will be rejected.
Getting Help
If you need assistance while applying, you can call JPMorgan at 800-392-5749. Support is available Monday through Friday, 8 am to 9 pm EST, and on Saturdays, 9 am to 5 pm.
How Long Does it Take to Open an Account?
J.P. Morgan Self-Directed Investing usually takes about one business day to review and approve or deny an application. If more details are needed, they’ll email you. They’ll also send an email when the account is approved, so check your inbox.
Updated on 4/4/2025.
Continue Reading