Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare Capital One Investing vs SogoTrade 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 SogoTrade's rate of $4.88 per trade. For options trading, Capital One Investing has a base fee of $6.95, and SogoTrade a base fee of $4.88. SogoTrade's per contract rate of $0.50 is less than Capital One Investing which charges $0.75. 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 and SogoTrade provide clients with Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, SogoTrade offers its clients access to 13360 different mutual funds while Capital One Investing has 1149 available funds, a difference of 12,211. And, commission free ETFs deserve a comparison, which for investors means access to 0 commission free ETFs at both brokers.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. SogoTrade has virtual trading, Capital One Investing doesn't. For mobile trading, Both Capital One Investing and SogoTrade 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. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Capital One Investing while customers at SogoTrade can have none of these. All factors considered, when it comes to platform tools, research, and mobile trading, unfortunately, neither Capital One Investing nor SogoTrade received awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, both Capital One Investing and SogoTrade are rated 3.00 stars.