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 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. 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 alongside Capital One Investing offer clients Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Fidelity Investments offers its clients access to 12505 different mutual funds while Capital One Investing has 1149 available funds, a difference of 11,356. And, commission free ETFs deserve a comparison, with Fidelity Investments having the upper hand thanks to its 91 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. Fidelity Investments makes virtual trading available to clients, while Capital One Investing does not. For mobile trading, Both Fidelity Investments 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, 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, Best in Class - Research and Best in Class - Mobile Trading, while Capital One Investing came up with none of these.
Overall, Fidelity Investments comes out on top with 4.50 stars over Capital One Investing's 3.00 stars.