The StockBrokers.com 2017 Brokerage Review
compares Merrill Edge vs Capital One Investing. Compare Merrill Edge and Capital One Investing trade commissions, fees and overall broker ratings by using the table below. Is Merrill Edge or Capital One Investing a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Merrill Edge and Capital One Investing charge the same amount for regular stock trades, $6.95. With options, the base fee is $6.95 for both Merrill Edge and Capital One Investing. Contracts cost $0.75 each at both brokerages. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. Merrill Edge alongside Capital One Investing offer clients Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Merrill Edge offers its clients access to 7649 different mutual funds while Capital One Investing has 1202 available funds, a difference of 6,447.00. Commission free ETFs can also be a nice plus, which for investors means access to 0 funds at both brokers.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Neither broker offers virtual trading. For mobile trading, Merrill Edge and Capital One Investing both have a iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Both Merrill Edge and Capital One Investing offer Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and trading on the go, Merrill Edge was rated for Best in Class - Research in 2014, while Capital One Investing was rated for none of these.
Overall, Merrill Edge boasts 4.00 stars versus Capital One Investing's 3.00 stars.