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 Scottrade vs Capital One Investing. Is Scottrade 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. Scottrade and Capital One Investing charge the same amount for regular stock trades, $6.95. Looking at options, the base fees charged are the same for both brokers, $6.95. Scottrade's per contract rate of $0.70 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. Both Scottrade and Capital One Investing support Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Capital One Investing trails Scottrade by 12,450 total mutual funds, with Scottrade offering 13599 and Capital One Investing offering 1149. Commission free ETFs can also be a nice plus, which for investors means access to 0 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. Scottrade makes virtual trading available to clients, while Capital One Investing does not. For mobile trading, Both Scottrade and Capital One Investing offer clients access to an 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 Scottrade can have Checking Accounts, Savings Accounts and Debit Cards. On the whole, when it comes to 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.
Overall, Scottrade comes out on top with 4.00 stars over Capital One Investing's 3.50 stars.