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 Robinhood vs Capital One Investing. Is Robinhood 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, with its regular stock trades costing $6.95, is more expensive than Robinhood's rate of $0 per trade. For options trading, Capital One Investing has a base fee of $6.95, and Robinhood a base fee of $0. Robinhood's per contract rate of $0 is less than Capital One Investing which charges $0.75. 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. Robinhood offers clients Stock Trading and Options Trading while Capital One Investing offers Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Capital One Investing boasts an offering of 1149 mutual funds compared to Robinhood's 0 available funds. Commission free ETFs can also be a nice plus, which in this case means trading a possible N/A 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. Robinhood nor Capital One Investing offers virtual trading. For mobile trading, Robinhood 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 Robinhood can have none of these. On the whole, when it comes to tools, research, and mobile trading, unfortunately, neither Robinhood nor Capital One Investing received awards 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 Robinhood's 2.50 stars.