Using data from the StockBrokers.com 2017 Broker Review which tested 16 different online brokers
over six months, we can compare Scottrade 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. Scottrade and Capital One Investing have equal fees for trading stocks (equities), $6.95 per trade. Looking at options, the base fees charged are the same for both brokers, $6.95. Each option contract then costs $0.75 at Capital One Investing and $0.70 at Scottrade. 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. Both Scottrade and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Capital One Investing trails Scottrade by 12,397 total mutual funds, with Scottrade offering 13599 and Capital One Investing offering 1202. And, commission free ETFs deserve a comparison, which is a wash in this comparison as both Scottrade 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. Scottrade offers virtual trading while Capital One Investing does not. For mobile trading, Scottrade and Capital One Investing both have a iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Capital One Investing while customers at Scottrade can have Checking Accounts, Savings Accounts and Debit Cards. All factors considered, when it comes to platform tools, research, and mobile trading, both Scottrade and Capital One Investing found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2017.
Overall, Scottrade boasts 4.00 stars versus Capital One Investing's 3.00 stars.