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Capital One Investing Fees and Commissions Schedule, Brokerage Account Cost

2019 Capital One Investing fees schedule, ShareBuilder commissions, broker stock trading cost, online account charges. Capital One Investing margin rates, cash sweep options and hidden fees.

Acquisition By Etrade

Etrade acquired Capital One Investing, fully integrated it and discontinued the brand. For this reason please read Etrade Fees and Commissions.

Capital One Investing Commissions Schedule

Stocks and ETFs$6.95
Stocks and ETFs phone trades$19.95
Options$6.95 + $0.75 per contract
Mutual funds $19.95
Automatic Investments (stocks, mutual funds and ETFs) $3.95

Investments stocks, options, mutual funds, ETFs
Capital One Investing minimum deposit to open account $0 for cash account, $2,000 for margin account
Promotion link Capital One Investing promotion

Capital One Investing Margin Rates

Debit Balance Margin Interest Rates
above $1,000,000 7.50%
$500,000 - $999,999.99 8.50%
$250,000 - $499,999.99 9.00%
$100,000 - $249,999.99 9.50%
$50,000 - $99,999.99 10.00%
$25,000 - $49,999.99 10.50%
$10,000 - $24,999.99 10.75%
$0 - $9,999.99 11.00%

Capital One Investing Trading Fees

Service Description Rate
PortfolioBuilder PortfolioBuilder lets you create a portfolio of exchange-traded funds (ETFs), using asset allocation models aligned to your style of investing. You can purchase an entire portfolio for one flat commission each time you invest. If you choose to rebalance or buy and sell individual securities in your portfolio, regular online trade prices will apply $18.95 entire portfolio
Phone Trades As an added convenience, we accept phone orders for stocks, mutual funds and ETFs listed through Capital One Investing. To place a trade with a Customer Service Associate, call 866-590-7629 anytime between 8 AM to 9 PM ET, Monday - Friday. $19.95 per trade
Other Services Express Funding Online trade commission + $6.95 per trade
Options - Early Exercise $30 per early exercise, no trade commission
Options - Automatic Exercise $20 per automatic exercise, no trade commission
Options - Assignment $20 per assignment, no trade commission

Capital One Investing Cash Sweep Interest Rates

Your uninvested cash can be swept into either the FDIC Insured Cash Balance or into the Money Market Fund. Current rates of return are listed below.

Cash Sweep Preference Rates of Return
FDIC Insured Cash

0.01% APY

Money Market Fund

0.93% 7-day yield

Capital One Investing Cash Sweep Account Options

There are two options for uninvested cash at Capital One Investing. The broker-dealer offers a money market mutual fund and an FDIC-insured deposit program. SIPC is not available here for free cash balances. Capital One Investing moves cash either to its bank affiliate or into the money market fund. It does not leave cash uninvested in a brokerage account.

Capital One Investing allows their customers to easily switch between the two available choices. To locate the place to make your selection, click on the ‘Accounts’ tab at the top of the broker’s website, and then choose ‘Overview.’ Next, click on ‘Profile & Settings,’ and then select ‘Account Settings.’ At the bottom of this area, find ‘Cash Sweep Preference.’ Here, you can choose either the FDIC program or the money market fund.

The FDIC-insured bank option is not a multiple-bank program. Capital One Investing uses just one bank, which happens to be Capital One 360, an affiliated company. Because only one financial institution is used, the amount of insurance is $250,000. The yield on the bank option is just 0.01%.

Capital One Investing Money Market Fund Rate

The money market fund is the Dreyfus Government Money Market Fund (ticker symbol DGCXX). The current 7-day yield on this security is 0.91%, a high return for this type of asset. And because this is considered a security by SIPC, and not cash, it is eligible for up to $500,000 of insurance.

Capital One does not allow a single account to split its free cash balances between the money market fund and the bank option. If you had two or more accounts, you could use more than one option. Although DGCXX is mutual fund, there is no minimum hold period. Withdrawals and deposits can be made at will without concern over at penalties for early debits.

The FDIC-sweep option is available for either a margin or cash account. Keep in mind, however, that a margin account will have a higher buying power if it uses the money market fund as the core account. This is because of how Capital One calculates the ‘available for investing’ balance.

Oddly, Capital One Investing does not provide checks or a debit card for its customers. Given that it is affiliated with a large U.S. bank, one might expect that it would have these features. Many brokers today do provide these banking tools, at least at some price. WellsTrade, for example, offers checks and a debit card. The fee is $100 per year. This is much higher than TD Ameritrade, who provides these banking features for free.

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Capital One Investing Fees

Service Description Rate
Checking/savings debit transfer Automatic transfer of funds from a checking or savings account No charge
Electronic funds withdrawal Electronic delivery of funds from a Capital One Investing account to your checking or savings account No charge
Dividend and capital gains reinvestment Reinvest dividends and capital gains paid by securities No charge
Account transfer in Transfer from another broker to a Capital One Investing account No charge
Full account transfer out Transfer of all assets in a Capital One Investing account to another firm $75.00
Partial transfer out Partial transfer of assets in a Capital One Investing account to another firm $15.00 per security
($75.00 maximum)
Funds wired in Wire of funds into a Capital One Investing account No charge
Funds wired out Funds wired to you from a Capital One Investing account $30.00
Check request A check for funds mailed to you from a Capital One Investing account $5.00
Stock certificate request As a result of the financial industry’s movement away from physical stock certificates, Capital One Investing no longer accepts these types of requests. Not applicable
Direct Registration System (DRS) Effective January 1, 2008, DRS eligible securities may be transferred through DRS for those wishing to maintain direct ownership on the books of the issuer/transfer agent. $30.00
Stop payment of check Stopping of and resending of a check from Capital One Investing, per your instruction, originally sent to the name and address on your Capital One Investing account. $25.00
Express delivery By request, we send a document via overnight courier $25.00
NSF charge for each returned item Deposits returned due to insufficient funds $5.00 per returned item
Non collectible deposit Deposits returned as uncollectible $5.00 per returned item
Check copy Check copy requests $10.00 per copy
Voluntary reorganization Participation in any voluntary reorganization $25.00 per issue
Duplicate statements, confirms, tax forms or web capture documents Requests to have duplicate statements, confirms, tax forms or web capture documents mailed to you $5.00 per copy

Capital One Investing Brokerage IRA Fees

Capital One Investing (Capital One) began as NetStock Direct in 1996, which then changed its name to ShareBuilder Securities Corporation. ShareBuilder was purchased by ING Direct in 2007, before being bought by Capital One Financial Corporation in 2012. The parent company renamed ShareBuilder as Capital One Investing in 2015.

The company's strengths are competitive commission rates and a few unique products and services. Capital One offers only basic investment choices such as stocks, ETFs, mutual funds, and equity options, so IRA investors who want to trade fixed-income investments, currencies, or futures should consider other brokers.

They also offer two unique products. One is called PortfolioBuilder, which allows customers to purchase up to eight ETFs at a time based on their investment amount and preferences. ShareBuilder is a program for small investors to invest any set amount of money on a regular basis to take advantage of dollar-cost-averaging. Below is a summary of Capital One's IRA fees and commissions along with a comparison with other leading brokers.

Capital One does not charge a fee to set up an IRA but does charge a $75 fee to close an account. There are no annual fees or custodial fees for an IRA, nor are there account maintenance or inactivity fees.

Capital One Investing IRA Fees Comparison

Here's how Capital One's IRA commissions and fees compare with three leading brokers: TD Ameritrade, Scottrade, and Ally Invest. ShareBuilder and PortfolioBuilder commissions have been omitted from this comparison since they are specialty products.

Commission/Fee Capital One TD Ameritrade Scottrade Ally Invest
IRA Setup$0$0$0$0
IRA Closing$75$0$0$50
Annual Fee$0$0$0$0
Custodial Fee$0$0$0$0
Account Maintenance Fee$0$0$0$50
Inactivity Fee$0$0$0$0
Stock/ETF Commissions$6.95$6.95; $19.99 short-term ETF redemption fee$6.95$4.95
Options Commissions$6.95 + $0.75/contract$6.95 + $0.75/contract$6.95 + $0.70/contract$4.95+ $0.65/contract
Mutual Funds Commissions$19.95$49.99$17$9.95
Broker-Assisted Commissions$19.95$44.99$32$20 + regular commissions

Hidden Fees at Capital One Investing

There is a $75 charge for a full account transfer from Capital One Investing to another firm. Not all brokers assess such a fee. Interactive Brokers, for example, charges nothing to move an account. Other brokers charge less than Capital One's fee. Firstrade, for example, charges $50, while Merrill Edge customers pay $49.95.

Moving only certain assets from Capital One costs $15 per security, with a $75 maximum. By comparison, Scottrade charges nothing for a partial transfer as long as $2,500 is left in the account. Ally Invest only charges $10 per security with a $50 limit.

Voluntary reorganizations by securities held at Capital One Investing are charged $25. These are occasions where there are tender offers or the exercise of rights or warrants. By comparison, Fidelity charges $38, although large accounts and frequent traders can qualify for a waiver.

Option exercises and assignments at some brokers simply cost the firm's regular base commission. This is the pricing schedule at OptionsHouse, for example. Capital One Investing, however, charges extra for these services. Exercises are $30. An automatic exercise, which occurs when a contract expires in-the-money, is $20. Assignments are also $20.

Placing a trade over the phone with a live representative with Capital One costs an additional $13. By comparison, optionsXpress charges nothing extra for the service.

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Every time Capital One Investing mails a paper check to the address on record for an account, the broker charges $5. Stopping payment on a check costs $25 at the broker, while copies of checks are $10 each. A deposit that is returned as not collectable is assessed a $5 fee. Deposits returned because of insufficient funds are also assessed $5.

The broker charges $5 for each hard-copy document that is mailed to a client. If express delivery is requested, the firm charges an additional $25.

Selling an NTF mutual fund at Capital One Investing less than 90 days after purchase incurs a $49.95 charge. Merrill Edge, by comparison, only charges $39.95; and Vanguard only has a 60-day hold requirement.

Stocks and ETF's purchased through the company's popular ShareBuilder service cost $3.95 per transaction. Selling these purchased securities does not cost $3.95. Instead, Capital One Investing charges its regular $6.95 commission.

Fees That Capital One Investing Doesn't Charge

The ShareBuilder reinvestment plan costs nothing when buying mutual funds that carry no load and no transaction fee. The plan is a form of dollar-cost averaging, and investing in NTF mutual funds avoids commissions.

Mandatory reorganizations, such as stock splits, cost nothing at Capital One Investing. Several other brokerage houses do charge for this service. For example, Scottrade charges $20 every time a company performs a stock split, even though traders have no control over the event.

The broker does not have a low-balance fee. WellsTrade, by comparison, charges $25 per year for every account below $5,000.

Capital One Investing Review and Website Link

Read full Capital One Investing Review.

Capital One brokerage fees are as of 2019 and are subject to change. For the most recent information on Capital One ShareBuilder fees visit their website.