Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 5,000 data points, let's compare Capital One Investing vs TradeStation Securities.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Capital One Investing, with its regular stock trades costing $6.95, is more expensive than TradeStation Securities's rate of $5.00 per trade. Looking at trading options, TradeStation Securities's base fee is $5.00 while Capital One Investing's is $6.95. Option contracts are pricier at Capital One Investing, costing $0.75 versus $0.50 at TradeStation Securities. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. TradeStation Securities provides its clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading while Capital One Investing provides clients access to Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, TradeStation Securities boasts an offering of 4951 mutual funds compared to Capital One Investing's 1149 available funds. Commission free ETFs can also be valuable for customers, which is a wash in this comparison as both Capital One Investing and TradeStation Securities offer 0 commission free ETFs.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. TradeStation Securities offers virtual trading while Capital One Investing does not. Taking a look at mobile trading, Capital One Investing along with TradeStation Securities both support the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Capital One Investing while TradeStation Securities offers customers none of these. On the whole, when it comes to tools, research, and mobile trading, TradeStation Securities finished with awards Best in Class - Platforms & Tools, while Capital One Investing came up with none of these.
Overall, TradeStation Securities takes the upper hand with 3.50 stars over Capital One Investing's 3.00 stars.