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. For options trading, both E*TRADE and Capital One Investing charge the same base fee of $6.95. Option contracts cost $0.75 each 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 offers clients Stock Trading, Options Trading and Mutual Funds while E*TRADE offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Capital One Investing trails E*TRADE by 7,849 total mutual funds, with E*TRADE offering 8998 and Capital One Investing offering 1149. And, commission free ETFs deserve a comparison, with E*TRADE having the upper hand thanks to its 156 available commission free ETFs compared to Capital One Investing's offering of 0.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Neither E*TRADE and Capital One Investing offer virtual trading. For mobile trading, Both E*TRADE and Capital One Investing offer clients access to an 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 available to clients of E*TRADE while Capital One Investing offers customers 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 was rated Best in Class - Research and Best in Class - Mobile Trading, while Capital One Investing was rated none of these.
Overall, E*TRADE boasts 4.00 stars versus Capital One Investing's 3.00 stars.