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 Capital One Investing vs TradeStation Securities. Is Capital One Investing or TradeStation Securities a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Capital One Investing charges $6.95 per stock trade which is $1.95 more than TradeStation Securities which charges customers $5.00 per trade. Looking at trading options, TradeStation Securities's base fee is $5.00 while Capital One Investing's is $6.95. TradeStation Securities's per contract rate of $0.50 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. 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. When it comes to mutual funds, Capital One Investing trails TradeStation Securities by 3,802 total mutual funds, with TradeStation Securities offering 4951 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. TradeStation Securities offers virtual trading while Capital One Investing does not. For mobile trading, Capital One Investing along with TradeStation Securities both support the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple 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 comes out on top with 4.00 stars over Capital One Investing's 3.50 stars.