The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares Firstrade vs Capital One Investing. Is Firstrade or Capital One Investing a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Capital One Investing charges more than Firstrade for placing regular stock trades ($6.95 and $2.95, respectively). Looking at trading options, Firstrade's base fee is $2.95 while Capital One Investing's is $6.95. Option contracts are pricier at Capital One Investing, costing $0.75 versus $0.50 at Firstrade. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Both Firstrade and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Firstrade boasts an offering of 12603 mutual funds compared to Capital One Investing's 1149 available funds. Commission free ETFs can also be a nice plus, with Capital One Investing falling behind Firstrade, offering 0 commission free ETFs compared to Firstrade's 12.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Neither broker offers virtual trading. For mobile trading, Firstrade along with Capital One Investing both support the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Clients can have Checking Accounts and Debit Cards at Firstrade while customers at Capital One Investing can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and mobile trading, both Firstrade and Capital One Investing found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Firstrade boasts 3.50 stars versus Capital One Investing's 3.00 stars.