An AI-First Platform for Modern US Investors
Public.com is best suited for US-based investors who want a modern, mobile-first platform to trade a wide range of assets like stocks, crypto, and bonds. Its strongest point is the integration of AI tools and commission-free trading on stocks and ETFs. The main limitation is its lack of forex and CFD trading, making it unsuitable for traditional currency traders. We recommend Public.com for those seeking a diverse portfolio on an innovative and user-friendly platform.
- $0 commission on stocks, ETFs, and options trading
- Wide range of assets including crypto, bonds, and treasuries
- Innovative AI-powered research and portfolio management tools
- High-yield cash account to earn interest on uninvested funds
- Does not offer forex or CFD trading instruments
- Services are restricted to US residents only
- No MetaTrader 4 or 5 platform support
| Regulation | FINRA, SIPC |
| Founded | 2019 |
| Headquarters | New York, USA |
| Minimum Deposit | $20 |
| Maximum Leverage | N/A |
| EUR/USD Spread | N/A |
| Trading Platforms | Web, iOS, Android |
| Instruments | Stocks, ETFs, Crypto, Bonds, Options, Treasuries |
| Deposit Methods | ACH, Wire, Debit Card |
| Withdrawal Time | 3+ days |
| Customer Support | Email, Live Chat |
| Website | Visit Site |
Capital at risk. All investments involve risk. This may be an affiliate link.
Our Full Rating Breakdown
Our rating methodology assesses brokers across several key categories to provide a comprehensive score. We evaluate factors like regulatory compliance, fee structures, platform usability, asset variety, and customer support to deliver a balanced and objective review.
Is Public.com Regulated & Safe?
Public.com is a safe and legitimate brokerage for US investors, operating as Open to the Public Investing, Inc. It is regulated by the Financial Industry Regulatory Authority (FINRA), a top-tier authority that ensures fair and honest market operations. Additionally, Public.com is a member of the Securities Investor Protection Corporation (SIPC), which protects client securities up to $500,000, providing a strong layer of security for your investments.
- Regulator
- FINRA
- License Number
- 127818
- Tier
- Tier 1
- Client Fund Segregation
- Yes (via Apex Clearing)
- Compensation Scheme
- SIPC up to $500,000
- Negative Balance Protection
- Not Applicable
- Founded
- 2019
- Headquarters
- New York, USA
Always verify your broker's regulatory status on the official FINRA BrokerCheck website to ensure you're investing with a legitimate entity.
Fees, Spreads & Commissions
Public.com offers a highly competitive fee structure, especially for equity traders. You’ll find commission-free trading on stocks, ETFs, and options, which is a significant advantage. The broker has also eliminated payment for order flow (PFOF) for equities, promoting transparency. While forex and CFD trading are not available, the costs for its offered assets are clear and among the lowest in the industry.
| Instrument | Public.com | Robinhood ℹ | Fidelity ℹ |
|---|---|---|---|
| Stock Trading | $0 | $0 | $0 |
| Options Trading | $0 | $0 | $0.65 |
| Crypto Trading | Spread | Spread | 1% Spread |
| Account Fee | $0 | $0 | $0 |
| Withdrawal Fee | $0 | $0 | $0 |
Public.com enhances transparency by not accepting Payment for Order Flow (PFOF) for equity trades.
As Public.com does not offer leveraged CFD or forex trading, overnight swap fees are not applicable.
Account Types Explained
Public.com simplifies its offering with a primary individual investment account for all users. This account provides access to all available assets, including stocks, ETFs, crypto, and bonds. The platform also offers specialized accounts like Traditional & Roth IRAs and a High-Yield Cash Account, catering to different financial goals from retirement savings to cash management.
- Access to all asset classes
- Commission-free stock trading
- AI-powered tools
- Competitive APY on cash
- No fees or minimums
- High FDIC insurance coverage
Account Comparison
| Feature | Individual Account | High-Yield Cash Account |
|---|---|---|
| Min Deposit | $20 | $0 |
| Commission | $0 on Stocks/ETFs | N/A |
| Primary Use | Investing | Saving |
| Key Feature | Multi-Asset Trading | High APY |
| Best For | All Investors | Cash Management |
Public.com also offers Traditional and Roth IRA accounts, with a 1% match on annual contributions.
Trading Platforms & Tools
Public.com provides a proprietary trading platform available on web and mobile (iOS and Android). The platform is designed with a clean, modern interface that prioritizes user experience, making it approachable for beginners. A standout feature is the integration of AI agents, which allow you to automate and manage your portfolio using conversational commands. While it lacks industry-standard platforms like MT4/MT5, its focus on AI and ease of use will appeal to modern investors.
Deposits & Withdrawals
Funding your Public.com account is a straightforward process with several convenient options. The broker does not charge deposit or withdrawal fees for standard ACH transfers, making it cost-effective to manage your money. You can fund your account via Plaid for instant bank connection, micro-deposits, debit card, check, or wire transfer. The minimum first-time deposit is an accessible $20, lowering the barrier to entry for new investors.
| Payment Method | Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|---|
| ACH Bank Transfer | 4-5 business days | 3+ business days | None | |
| Debit Card | Instant | N/A | None | |
| Wire Transfer | Instant | 1-3 days | None | |
| Cryptocurrency | Varies | Varies | Network fee |
For the fastest access to your funds, use a debit card for deposits, but remember that withdrawals must be sent back to a linked bank account via ACH or wire.
Education, Research & Analysis
Public.com provides a solid range of educational and research tools designed for the modern investor. The platform offers articles and resources through its ‘Learn and Earn’ program. A key highlight is the integration of AI for data insights and analysis, helping you make more informed decisions. While it may not have the extensive academic libraries of some traditional brokers, its practical tools and AI features provide significant value.
Public.com's educational and research offerings are well-suited for self-directed investors who appreciate AI-driven insights and practical, accessible content.
What Real Traders Say About Open to the Public Investing, Inc.
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