Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Capital One Investing vs Ally Invest to determine which broker is better for you. Our database includes thousands of data points on everything from research to trading tools. Let's take a closer look at Capital One Investing and Ally Invest.
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 $2.00 more than Ally Invest which charges clients $4.95 per trade. Looking at trading options, Ally Invest's base fee is $4.95 while Capital One Investing's is $6.95. Contracts are pricier at Capital One Investing, costing $0.75 versus $0.65 at Ally Invest, a difference of $0.10 per contract. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review
page, then scroll down to the "Commission Notes" section).
Trading fees aside, having access to trade what you want is also an important consideration. Ally Invest supports Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading while Capital One Investing supports Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Ally Invest offers its clients access to 10138 different mutual funds while Capital One Investing has 1202 available funds, a difference of 8,936.00. And, commission free ETFs deserve a mention, which is a wash in this comparison as both Capital One Investing and Ally Invest offer 0 funds.
Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. Ally Invest makes virtual trading available to clients, while Capital One Investing does not. For mobile trading, Ally Invest offers the iPhone App and Android App while Capital One Investing offers the iPhone App, iPad App and Android App. Online banking is also used by many clients, and multiple brokerages provide these services. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing and Ally Invest. All things considered, when it comes to platform tools, research, and trading via smartphone, Neither Capital One Investing nor Ally Invest were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Ally Invest takes the upper hand with 4.00 stars over Capital One Investing's 3.00 stars.