Which Nutmeg (J.P. Morgan Personal Investing) accounts accept US citizens
Last checkedNutmeg (J.P. Morgan Personal Investing) has been checked for US citizens across 5 account types. 4 are closed to a US person and 1 is not on offer, whatever your nationality.
At a glance
| Account type | Verdict | Accounts | Updated |
|---|---|---|---|
| Stocks & shares ISAs | Declines US citizens | — | |
| Brokerage accounts | Declines US citizens | — | |
| SIPPs | Declines US citizens | — | |
| Junior stocks & shares ISAs | Declines US citizens | — | |
| Junior SIPPs | Not offered | — |
Brokerage accounts
Compare with other providersA general account is one of the products and the terms are flat: it does not provide portfolios or services to US persons. The clause that reaches forward is worse than the refusal, warning that if you become a US person it may sell your investments and withhold cash against US withholding tax.
FSCS £85,000 investment cover · app and web
Source: J.P. Morgan Personal Investing terms, clauses 1.2 and 20.6, 2026-08-17 (opens in a new tab) Nutmeg (J.P. Morgan Personal Investing)'s own page (opens in a new tab)
The terms say it does not provide portfolios or services to US persons. Worse than a refusal at the door, they also require you to tell it if you become a US person, after which it may close your products and end the agreement.
FSCS £85,000 investment cover · app and web
Source: J.P. Morgan Personal Investing terms, 2026-08-17 (opens in a new tab) Nutmeg (J.P. Morgan Personal Investing)'s own page (opens in a new tab)
Junior SIPPs
Compare with other providersJ.P. Morgan Personal Investing sells no pension for children: its product list names a Personal Pension only, and every customer must be at least 18. The terms also refuse US persons outright.
Source: J.P. Morgan Personal Investing terms and conditions effective 3 November 2025, sections 1.1 and 1.2, 2026-09-11 (opens in a new tab) Nutmeg (J.P. Morgan Personal Investing)'s own page (opens in a new tab)
Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.
Why this is the rule
PFIC
Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.
TaxSIPP US tax
The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.
TaxUS-UK tax treaty
The US-UK treaty stops most double taxation, but the saving clause lets the US tax its citizens almost as if it were not there. What survives the clause.
TaxSaving for a child
How the US taxes a Junior ISA, a junior pension and a Child Trust Fund held by a US citizen child in the UK, and how a 529 plan compares.