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 Lightspeed Trading vs Capital One Investing. Is Lightspeed Trading 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 Lightspeed Trading for placing regular stock trades ($6.95 and $4.50, respectively). With options, the base fees charged are $6.95 (Capital One Investing) and $0 (Lightspeed Trading). Option contracts are pricier at Capital One Investing, costing $0.75 versus $0.60 at Lightspeed Trading. 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. Capital One Investing offers clients Stock Trading, Options Trading and Mutual Funds while Lightspeed Trading offers Stock Trading, Options Trading and Futures Trading. When it comes to mutual funds, Lightspeed Trading trails Capital One Investing by 1,149 total mutual funds, with Capital One Investing offering 1149 and Lightspeed Trading offering 0. Commission free ETFs can also be a nice plus, which in this case means trading a possible 0 commission free ETFs at both brokers.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Lightspeed Trading has virtual trading, Capital One Investing doesn't. For mobile trading, Lightspeed Trading 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, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Capital One Investing while customers at Lightspeed Trading can have none of these. On the whole, when it comes to tools, research, and mobile trading, neither Lightspeed Trading nor Capital One Investing were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Capital One Investing takes the upper hand with 3.50 stars over Lightspeed Trading's 3.00 stars.