Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare E*TRADE vs Capital One Investing to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. E*TRADE and Capital One Investing charge the same amount for regular stock trades, $6.95. Looking at options, the base fees charged are the same for both brokers, $6.95. Option contracts run $0.75 a piece at both brokerages. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. Capital One Investing provides its clients with Stock Trading, Options Trading and Mutual Funds while E*TRADE provides clients access to Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, E*TRADE offers its clients access to 8998 different mutual funds while Capital One Investing has 1149 available funds, a difference of 7,849. And, commission free ETFs deserve a comparison, with Capital One Investing falling behind E*TRADE, offering 0 commission free ETFs compared to E*TRADE's 225.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Neither broker offers virtual trading. For mobile trading, E*TRADE along with Capital One Investing both support the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts and Debit Cards are offered by E*TRADE while Capital One Investing offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. All factors considered, when it comes to platform tools, research, and mobile trading, E*TRADE finished with awards Best in Class - Research, while Capital One Investing came up with none of these.
Overall, E*TRADE takes the upper hand with 4.50 stars over Capital One Investing's 3.50 stars.