Public - Reviewed & Compared

Summary

Public offers a vibrant and user-friendly platform for investors. From stocks to cryptocurrencies and even alternative assets like rare comics, it's a playground for those looking beyond the traditional. However, be cautious of higher fees, especially if you're eyeing alternative investments.

Overview

Public stands out in the online stock broker scene, allowing investment starting from just a buck. With a focus on transparency (no payment for order flow) and a unique mix of assets, it's carving a niche in the market.

What They Do Best

Public brings investing to the masses with a $1 entry point, and it doesn't stop there. It provides access to a range of investments, including U.S. Treasuries and alternative assets like fine arts and comics. The daily podcast, "The Open," adds an engaging educational layer.

MORE: What’s The Best Online Stock Broker Service?

Any Negatives

While Public offers novel investments, its refusal of payment for order flow results in higher fees. Alternative assets, while intriguing, can be illiquid and pricey. Educational content could use a polish, and certain investment options like margin, mutual funds, options, and IRAs are not available.

MORE: What’s The Best Online Stock Broker Service?

Our Final Verdict: 9.9/10

Public is a colorful, user-friendly platform for those looking to diversify their investments. Its commitment to transparency is commendable, but investors need to be aware of the associated costs. It's a great starting point for beginners or those interested in unique investment avenues, but if you're after advanced features, you might find it lacking.

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FAST FACTS
  • $0 Commission charge on Stocks & ETFs
  • Offers fractional shares & U.S. Treasuries
  • Start investing with as little as $1
  • Protected up to $500k on U.S. listed securities and cash up to $250k (SIPC Member)
  • Invest in alternative assets such as fine arts, royalties and luxury goods
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