Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Capital One Investing vs TradeStation Securities 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 $1.95 more than TradeStation Securities which charges customers $5.00 per trade. With options, the base fees charged are $6.95 (Capital One Investing) and $5.00 (TradeStation Securities). Each option contract then costs $0.75 at Capital One Investing and $0.50 at TradeStation Securities. 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. 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. As far as mutual funds go, Capital One Investing trails TradeStation Securities by 3,652.00 total mutual funds, with TradeStation Securities offering 4854 and Capital One Investing offering 1202. And, commission free ETFs deserve a comparison, which is a wash in this comparison as both Capital One Investing and TradeStation Securities offer 0 commission free ETFs.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. TradeStation Securities makes virtual trading available to clients, 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. 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 offered by Capital One Investing while TradeStation Securities offers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, TradeStation Securities posted awards Best in Class - Platforms & Tools in 2017, while Capital One Investing found itself with none of these.
Overall, TradeStation Securities takes the upper hand with 3.50 stars over Capital One Investing's 3.00 stars.