Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare Robinhood vs Capital One Investing to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. Capital One Investing, with its regular stock trades costing $6.95, is more expensive than Robinhood's rate of $0 per trade. For options trading, Robinhood has a base fee of $N/A, and Capital One Investing a base fee of $6.95. Each option contract then costs $N/A at Robinhood and $0.75 at Capital One Investing. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. Capital One Investing offers clients Stock Trading, Options Trading and Mutual Funds while Robinhood offers Stock Trading. As far as mutual funds go, Capital One Investing offers its clients access to 1149 different mutual funds while Robinhood has 0 available funds, a difference of 1,149. And, commission free ETFs deserve a comparison, which is a wash in this comparison as both Robinhood and Capital One Investing offer 0 commission free ETFs.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Robinhood nor Capital One Investing offers virtual trading. For mobile trading, Both Robinhood and Capital One Investing offer clients access to an iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing while Robinhood offers customers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, neither Robinhood 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 boasts 3.00 stars versus Robinhood's 2.50 stars.