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Side-by-Side Comparison Independent Updated Oct 16, 2026

J.P. Morgan Self-Directed vs Luno 2026: Which Broker is Better?

Compare J.P. Morgan Self-Directed and Luno side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

J.P. Morgan Self-Directed

Luno

Higher ratedJ.P. Morgan Self-Directed logo

J.P. Morgan Self-Directed

3.6/ 5
Visit J.P. Morgan Self-Directed →Full review
VS
J.P. Morgan Self-DirectedLuno
BrokerRank Score3.6/5 ✓3.0/5
Min. Deposit$0$0
Spread from0 pips ✓0.1 pips
Max Leverage1:11:1
RegulationSEC, FINRA ✓FCA
PlatformsProprietary Mobile, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
J.P. Morgan Self-DirectedLuno
Best for Low Fees
J.P. Morgan Self-DirectedLuno
Best for Regulation
J.P. Morgan Self-DirectedLuno
Best Overall
J.P. Morgan Self-DirectedLuno
Quick Answer

J.P. Morgan Self-Directed is the better choice overall, scoring 3.6/5 vs 3.0/5 on BrokerRank's independent rating. On fees, J.P. Morgan Self-Directed offers lower spreads (0 pips).

See full side-by-side comparison below

J.P. Morgan Self-Directed vs Luno: Key Differences

Feature

J.P. Morgan Self-Directed

Winner

Luno

Our Rating
3.6 / 5
3.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.1 pips
Commission
None
$0.25/lot
Regulated By
SECFINRA
Platforms
Proprietary Mobile, Proprietary Web
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Crypto
Crypto
Founded
2018
2013
Headquarters
New York, USA
London, UK
Score
3 / 3
0 / 3

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Fees Comparison

Fee

J.P. Morgan Self-Directed

Lower fees

Luno

Spread From
0 pips
0.1 pips
Commission
None
$0.25/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

J.P. Morgan Self-Directed scores 3.62/5 while Luno scores 2.98/5 in our independent rating.

J.P. Morgan Self-Directed edges ahead overall, but Luno may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

J.P. Morgan Self-Directed

J.P. Morgan Self-Directed

3.6/5

Top pick

Choose J.P. Morgan Self-Directed if you want…

  • Higher overall rating (3.6/5)
  • Tighter spreads (from 0 pips)
  • No per-trade commission
  • More regulatory licences (2)
Luno

Luno

3.0/5

Choose Luno if you want…

  • More established (est. 2013)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both J.P. Morgan Self-Directed & Luno are available in

Frequently Asked Questions

1

Is J.P. Morgan Self-Directed better than Luno?

J.P. Morgan Self-Directed scores higher overall on our independent rating system. J.P. Morgan Self-Directed holds a 3.6/5 rating vs Luno's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, J.P. Morgan Self-Directed or Luno?

J.P. Morgan Self-Directed offers spreads from 0 pips, while Luno starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for J.P. Morgan Self-Directed vs Luno?

J.P. Morgan Self-Directed requires a minimum deposit of $0. Luno requires $0.

4

Which broker is safer, J.P. Morgan Self-Directed or Luno?

J.P. Morgan Self-Directed is regulated by SEC, FINRA, while Luno holds licences from FCA.

5

What trading platforms do J.P. Morgan Self-Directed and Luno support?

J.P. Morgan Self-Directed supports Proprietary Mobile, Proprietary Web. Luno supports Proprietary Web, Proprietary Mobile.

6

Can I use both J.P. Morgan Self-Directed and Luno?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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