Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare Fidelity Investments vs Capital One Investing.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Capital One Investing charges $6.95 per stock trade which is $2.00 more than Fidelity Investments which charges customers $4.95 per trade. With options, the base fees charged are $6.95 (Capital One Investing) and $4.95 (Fidelity Investments). Fidelity Investments's per contract rate of $0.65 is less than Capital One Investing which charges $0.75. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Both Fidelity Investments and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, Fidelity Investments offers its clients access to 12505 different mutual funds while Capital One Investing has 1149 available funds, a difference of 11,356. Commission free ETFs can also be valuable for customers, with Capital One Investing falling behind Fidelity Investments, offering 0 commission free ETFs compared to Fidelity Investments's 91.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Fidelity Investments has virtual trading, Capital One Investing doesn't. Taking a look at mobile trading, Fidelity Investments and Capital One Investing both have a iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing while Fidelity Investments offers customers Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. On the whole, when it comes to tools, research, and mobile trading, unfortunately, neither Fidelity Investments nor Capital One Investing received awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Fidelity Investments boasts 5.00 stars versus Capital One Investing's 3.50 stars.