The StockBrokers.com 2017 Brokerage Review
compares Charles Schwab vs Capital One Investing. Compare Charles Schwab and Capital One Investing trade commissions, fees and overall broker ratings by using the table below. Is Charles Schwab or Capital One Investing a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Capital One Investing charges $6.95 per stock trade which is $2.00 more than Charles Schwab which charges clients $4.95 per trade. Looking at trading options, Charles Schwab's base fee is $4.95 while Capital One Investing's is $6.95. Contracts are pricier at Capital One Investing, costing $0.75 versus $0.65 at Charles Schwab, a difference of $0.10 per contract. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. Capital One Investing offers clients Stock Trading, Options Trading and Mutual Funds while Charles Schwab offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Charles Schwab offers its clients access to 5165 different mutual funds while Capital One Investing has 1202 available funds, a difference of 3,963.00. Commission free ETFs can also be a nice plus, Charles Schwab offers 229 versus Capital One Investing's total of 0.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Charles Schwab nor Capital One Investing has virtual trading. For mobile trading, Charles Schwab along with Capital One Investing both support the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are found at Charles Schwab alongside Capital One Investing. On the whole, when it comes to tools, research, and trading on the go, Charles Schwab finished with awards for Best in Class - Platforms & Tools and Best in Class - Research in 2014, while Capital One Investing came up with none of these.
Overall, Charles Schwab boasts 4.50 stars versus Capital One Investing's 3.00 stars.