Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare OptionsHouse vs Capital One Investing.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Capital One Investing, with its regular stock trades costing $6.95, is more expensive than OptionsHouse's rate of $4.95 per trade. With options, the base fees charged are $6.95 (Capital One Investing) and $4.95 (OptionsHouse). OptionsHouse's per contract rate of $0.50 is less than Capital One Investing which charges $0.75. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Capital One Investing supports Stock Trading, Options Trading and Mutual Funds while OptionsHouse supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, OptionsHouse offers its clients access to 12275 different mutual funds while Capital One Investing has 1149 available funds, a difference of 11,126. Commission free ETFs can also be valuable for customers, OptionsHouse offers 5 commission free ETFs versus Capital One Investing's total of 0.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. OptionsHouse makes virtual trading available to clients, while Capital One Investing does not. Taking a look at mobile trading, Both OptionsHouse and Capital One Investing offer clients access to an iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing while OptionsHouse offers customers none of these. On the whole, when it comes to tools, research, and mobile trading, OptionsHouse posted awards Best in Class - Mobile Trading in 2018, while Capital One Investing found itself with none of these.
Overall, OptionsHouse takes the upper hand with 4.00 stars over Capital One Investing's 3.00 stars.