Using data from the StockBrokers.com 2017 Broker Review which tested 16 different online brokers
over six months, we can compare Fidelity Investments 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. Capital One Investing charges $6.95 per stock trade which is $2.00 more than Fidelity Investments which charges customers $4.95 per trade. Looking at trading options, Fidelity Investments's base fee is $4.95 while Capital One Investing's is $6.95. Option contracts are pricier at Capital One Investing, costing $0.75 versus $0.65 at Fidelity Investments. 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. Both Fidelity Investments and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Capital One Investing trails Fidelity Investments by 12,002 total mutual funds, with Fidelity Investments offering 13204 and Capital One Investing offering 1202. And, commission free ETFs deserve a comparison, with Capital One Investing falling behind Fidelity Investments, offering 0 commission free ETFs compared to Fidelity Investments's 91.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Fidelity Investments has virtual trading, Capital One Investing doesn't. For mobile trading, Fidelity Investments 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. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Capital One Investing while customers at Fidelity Investments can have Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. All factors considered, when it comes to platform tools, research, and mobile trading, Fidelity Investments posted awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2017, while Capital One Investing found itself with none of these.
Overall, Fidelity Investments takes the upper hand with 4.50 stars over Capital One Investing's 3.00 stars.