Using data from our latest annual broker review which tested more than a dozen 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, with its regular stock trades costing $6.95, is more expensive than Fidelity Investments's rate of $4.95 per trade. Looking at trading options, Fidelity Investments's base fee is $4.95 while Capital One Investing's is $6.95. Each option contract then costs $0.75 at Capital One Investing and $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. Fidelity Investments and Capital One Investing provide clients with Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Capital One Investing trails Fidelity Investments by 11,356 total mutual funds, with Fidelity Investments offering 12505 and Capital One Investing offering 1149. And, commission free ETFs deserve a comparison, Fidelity Investments offers 91 commission free ETFs versus Capital One Investing's total of 0.
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. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by Capital One Investing while Fidelity Investments offers Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. All factors considered, when it comes to platform tools, research, and mobile trading, Fidelity Investments finished with awards Best in Class - Platforms & Tools and Best in Class - Mobile Trading, while Capital One Investing came up with none of these.
Overall, Fidelity Investments comes out on top with 5.00 stars over Capital One Investing's 3.50 stars.