Investing can be a casual habit for many people across the United States. Not every market participant looks at the financial portfolio as life or death. While it may be different for active traders, most regular people want a chance to put some money into some stocks or mutual funds and see it as a fun hobby, not a source of potential generational wealth.
That is the best use of Capital One Investing. The online broker works best for people that are going to make a few trades a month, max, with stocks, options, mutual funds and exchange traded funds. This is not the place for active traders. The platform does not offer hotkeys or direct market access. That is a no go for high frequency traders. The day trading game requires quick decisions and quick execution on the part of the broker. Investing in shares can also be a bit tricky. Found this useful guide for buying national grid shares.
Online brokers can vary greatly in the services that they offer, based on their ability and the market that they are trying to serve. Capital One investing has a nice commission structure that starts at $6.95 per trade. That may be the way to go for value investors, but not so much for day traders. Another interesting carrot that Capital One hangs out there is the zero minimum balance for brokerage accounts. You can get started with very little and take the help of an ECN broker to maximise funds in the easiest way.
All of that plays out as the broker being an excellent advantage for regular investors that make a couple of trades per week, or per month. But the heavy traders that are looking to make multiple trades per day are best served looking elsewhere. Casual investors are also helped out by the clear pricing, where as other more established brokers may have hidden fees that obscure their true cost.
The research section of an online broker is very important to the overall value of the site. Basic investing terms being defined and demystified for beginning investors is a very important part of being a solid broker for the middle class. Capital One also offers a portfolio builder that helps investors put together a diversified folder of stocks, bonds and mutual funds.
The mobile trading options are there, just like many other brokers. The ability to trade anywhere from your phone means that you can take advantage of breaking news and the changing market from almost anywhere that you can connect your phone to the Internet. With the proliferation of mobile phones across the developing world, this is going to open up trading opportunities in many markets. And this means more market participation and more capital to inject into the system. Good for everyone in the world.
Capital One Investing, as stated above, can be a real boon for casual investors looking to dabble in the stock market and just get their feet wet. The zero minimum balance and excellent commission structure means that even lower income workers can get started on the path to financial security with little to no risk. It is a starter broker for those looking to break ing. But aspiring day traders need to look elsewhere for their needs.