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 charges $6.95 per stock trade which is $2.07 more than SogoTrade which charges customers $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. Each option contract then costs $0.75 at Capital One Investing and $0.50 at SogoTrade. 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 offers virtual trading while Capital One Investing does not. For mobile trading, Capital One Investing and SogoTrade 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. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing while SogoTrade offers customers 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 hold a 3.50 star rating.