The StockBrokers.com 2017 Brokerage Review assessed 16 different brokers over six months, surfacing the best online stock brokers
. This review compares ChoiceTrade vs Capital One Investing. Is ChoiceTrade or Capital One Investing a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Capital One Investing, with its regular stock trades costing $6.95, is more expensive than ChoiceTrade's rate of $5.00 per trade. For options trading, Capital One Investing has a base fee of $6.95, and ChoiceTrade a base fee of $5.00. Each option contract then costs $0.75 at Capital One Investing and $0.50 at ChoiceTrade. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Both ChoiceTrade and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Capital One Investing boasts an offering of 1202 mutual funds compared to ChoiceTrade's 500 available funds. Commission free ETFs can also be a nice plus, which is a wash in this comparison as both ChoiceTrade and Capital One Investing offer 0 commission free ETFs.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. ChoiceTrade has virtual trading, Capital One Investing doesn't. For mobile trading, Capital One Investing offers the iPhone App, iPad App and Android App while ChoiceTrade offers the none of these. 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 offered by Capital One Investing while ChoiceTrade offers none of these. On the whole, when it comes to tools, research, and mobile trading, neither ChoiceTrade nor Capital One Investing were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Capital One Investing boasts 3.00 stars versus ChoiceTrade's 2.00 stars.