Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Lightspeed Trading vs Capital One Investing to determine which broker is better for you. Our database includes thousands of data points on everything from research to trading tools. Let's take a closer look at Lightspeed Trading and Capital One Investing.
First we will break down the commission charges of both brokers for placing stock and options trades. 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 $0.00 (Lightspeed Trading). Each contract then costs $0.75 at Capital One Investing and $0.60 at Lightspeed Trading for a difference in price of $0.15 per contract. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review
page, then scroll down to the "Commission Notes" section).
Trading fees aside, having access to trade what you want is also an important consideration. Capital One Investing provides its clients with Stock Trading, Options Trading and Mutual Funds while Lightspeed Trading gives clients access to Stock Trading, Options Trading and Futures Trading. As far as mutual funds go, Lightspeed Trading trails Capital One Investing by 1,202.00 total funds, with Capital One Investing offering 1202 and Lightspeed Trading offering 0. And, commission free ETFs deserve a mention, which for investors means access to 0 funds at both brokers.
Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. Lightspeed Trading has virtual trading, Capital One Investing doesn't. For mobile trading, Capital One Investing gives clients access to an iPhone App, iPad App and Android App while Lightspeed Trading has an none of these. Online banking is also used by many clients, and multiple brokerages provide these services. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by Capital One Investing while Lightspeed Trading offers none of these. All things considered, when it comes to platform tools, research, and trading via smartphone, Unfortunately, neither Lightspeed Trading nor Capital One Investing received awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Capital One Investing takes the upper hand with 3.00 stars over Lightspeed Trading's 2.50 stars.