Public Evaluate | Inventory Trading Apps


Public is among the many greatest funding apps for novices and lively merchants. The app provides entry to about 900 inventory and ETFs choices and to over 25 crypto cash.

It additionally lets customers purchase fractional shares with solely $1. In specific, Public stands out for its participating social media options, which permit traders to attach and share insights with one another.

Keep on studying our in-depth Public evaluation to seek out out what it provides and whether or not it’s the greatest funding app on your monetary objectives.

Table of Contents

Public’s Services

Public’s Credentials

Public’s Accessibility

Public’s Customer Satisfaction

Overview of the Public inventory buying and selling app


  • Commission-free trades of shares, ETFs, fractional shares and cryptocurrency
  • No account minimums
  • Account might be immediately funded with a debit card
  • Social options allow you to join with different merchants


  • No entry to mutual funds, choices or bonds
  • Withdrawals can take as much as 7 days
  • Limited charting and analysis instruments

Company Summary:

Open to the Public Investing Inc. is a brokerage agency based in 2003 and situated in New York. Its investing app, Public, was launched in 2019.

The firm provides particular person brokerage accounts and entry to commission-free shares, ETFs and crypto. You can open an account with out depositing any cash in any respect, and all you want is a $5 minimal deposit to start out investing.

Public’s providers

Public provides commission-free buying and selling and self-directed brokerage providers by means of its cell app and its on-line buying and selling platform.

What Public provides

With Public, prospects can purchase and promote shares, exchange-traded funds (ETFs) and fractional shares listed on the NYSE and NASDAQ.

Customers may also entry Public’s assortment of over 25 crypto cash and tokens. Its crypto listing consists of:

  • Bitcoin
  • Ether
  • Shiba Inu
  • Dogecoin
  • Avalanche
  • Litecoin

Other key options embody prompt entry to your deposits and the choice to routinely reinvest any dividends into the identical firm that paid them out.

You may also switch different on-line brokerage accounts to Public so long as the steadiness being transferred is $150 or extra. The course of is sort of easy, you simply want to decide on the brokerage you’re transferring from (for instance, Robinhood, TD Ameritrade, Webull, E*Trade or Fidelity), present the account quantity and point out how a lot you wish to switch. However, do notice that the switch can take as much as 10 enterprise days.

In addition, Public contains a neighborhood feed the place traders can join with one another, share their current funding strikes and maintain observe of occasions and trending subjects. Most just lately, it began providing a Premium membership for customers who need entry to superior analysis, knowledge, weighted breakdowns and insights.

What Public doesn’t provide

Public doesn’t provide entry to

  • Mutual funds
  • Fixed revenue merchandise
  • OTC securities
  • Options buying and selling

In addition, Public doesn’t present custodial accounts, retirement accounts or robo-advisor providers.

Public’s credentials

Online broker-dealers, like Public, are topic to federal rules beneath the Securities Exchange Act of 1934, which requires brokers to register with the Security Exchange Commission (SEC) and turn out to be members of the Financial Industry Regulatory Authority (FINRA).

Licenses and registrations

Public is registered as a brokerage agency with the SEC and FINRA. As such, it’s licensed to function in all 50 states, Puerto Rico and the Virgin Islands.

Public can be registered with the Securities Investor Protection Corporation (SIPC), that means securities are insured in case of the agency’s insolvency.

Awards and certifications

We didn’t discover any awards or certifications for Public.

Credit scores

We didn’t discover any third-party credit score scores relating to Public.

Regulatory and authorized actions

We didn’t discover regulatory or authorities authorized actions involving Public inside the final 10 years.

*Please notice that, though we attempt to embody correct and up-to-date info on regulatory and authorized actions, we don’t declare this info is full or totally updated. As all the time, we advocate you do your personal analysis as effectively.

Public’s accessibility

Like most buying and selling platforms within the United States, Public is obtainable to U.S. residents which can be 18 years of age or older and have a legitimate Social Security quantity, in addition to a authorized U.S. residential deal with.


Public might be accessed by means of its web site, In addition, its cell app might be downloaded on each Android and iOS units.

Contact info

Public provides buyer help through its in-app chat within the Help Center and over the e-mail You may also attain out to its social media accounts on Twitter and Instagram.

User expertise

Public’s on-line investing platform and its cell app are intuitive and simple to make use of. To create an account you simply have to reply a couple of primary questions and supply your private info, similar to your Social Security, cellphone quantity and deal with.

Public’s app might be navigated with out a lot trouble. When logged in, you might be instantly directed to your portfolio, the place you possibly can examine your shares’ efficiency, your watchlist and the account worth.

In the neighborhood feed (a sort of Twitter-like information feed) you possibly can view perception from different traders and their current buys and sells. You may also sustain with trending inventory market information, put up your current investments, create group chats and join with neighborhood members, together with some CEOs and monetary advisors.

In the app’s Explore part, you possibly can seek for individuals, shares or crypto, and browse Public’s classes and themes, similar to high movers and earners, trending funding choices, just lately added shares and hottest cryptos. Additionally, you’ll discover weekly highlights, brief instructional movies explaining key funding ideas and Public Live’s podcasts.

In the settings, you’ll be capable of replace your info, handle cost strategies, withdraw funds and reinvest dividends. You may also entry account statements and tax paperwork.


Public’s important limitation is its buyer help which is totally on-line and semi-automated. Users should both discover solutions to their questions on the app’s intensive FAQs or ship a message to the help workforce by means of the in-app chat or e-mail.

Public’s buyer satisfaction

Public has an A ranking within the BBB, which considers components similar to grievance historical past, time in enterprise, transparency and any identified authorities actions.

Customer complaints

A standard buyer grievance relating to Public is its funds withdrawal course of. In order to withdraw your cash, Public asks for a checking account assertion to validate the account’s possession. This course of can take between 7 to 10 days. Some prospects declare having points validating their accounts even after offering all required documentation, leading to longer than anticipated wait occasions.

Another frequent grievance amongst customers is that buyer help is oftentimes unresponsive, taking on 24 hours to reply to emails.

Third-party scores

Public is accredited by the Better Business Bureau and holds an A ranking. As of the time of publication, it has 79 buyer critiques and a mean buyer ranking of three.01 out of 5. The BBB notes 56 complaints within the final three years, 47 of which have been resolved or closed.

Public FAQ

Is Public reliable?

Public is registered with the SEC, FINRA and SIPC. In addition, Public has an A ranking from the Better Business Bureau. This ranking represents BBB’s opinion on the corporate primarily based on its interplay with prospects, grievance historical past, amongst different components. Although BBB scores do not guarantee an organization’s reliability, they might assist you type an concept of its repute. They can be a very good place to begin on your personal analysis, which we advocate you do earlier than selecting the most effective funding app on your monetary objectives.

Is Public obtainable exterior of the USA?

No, like most buying and selling apps, Public is not obtainable exterior of the United States. It’s solely obtainable for U.S. residents in all 50 states, Puerto Rico and Virgin Islands.

Is Public protected?

Public makes use of bank-grade safety with AES 128-bit encryption and TLS 1.2, probably the most safe encryption strategies to safe knowledge. Public additionally gives two-factor authentication, together with biometric choices, to guard your account.

Aside from these safety features, Public is a member of the SIPC which ensures all customers’ securities and money as much as $500,000.

How does Public make cash?

Public is likely one of the few buying and selling apps that does not earn income from cost for order circulate (PFOF), a broadly used follow within the brokerage business that has generated some criticism lately. Public does not make cash by charging fee charges or buying and selling charges both. It does, nonetheless, make cash in additional oblique methods.

For starters, Public prices a 1% to 2% markup on crypto transactions and may cost administration charges for some ETFs trades. It prices different charges for fast withdrawals, wire transfers and paper statements.

Public additionally makes cash from Premium membership subscriptions, any elective tipping you could give whenever you place a commerce, securities lending and curiosity on uninvested money balances.

Is Public FDIC-insured?

No, non-deposit funding accounts just like the one most buying and selling apps provide will not be insured by the Federal Deposit Insurance Corporation (FDIC). Instead, Public is insured by the Securities Investor Protection Corporation (SIPC), which protects your money and securities as much as $500,000. Do notice, nonetheless, that cryptocurrencies will not be insured by both the FDIC or SIPC.

How we evaluated Public inventory buying and selling apps

We evaluated Public’s investments providing, account minimums, charges, buying and selling value and academic sources availability and in contrast them with different funding apps. We thought-about the app’s user-friendliness, together with how seamless it’s to configure, hyperlink financial institution accounts and add funds. We additionally made certain the corporate was registered with the suitable regulatory businesses.

Summary of Money’s Public evaluation

Public provides commission-free inventory buying and selling and cryptocurrency buying and selling. It gives particular person brokerage accounts with no account minimums. The firm stands out for its social options which let customers join with different merchants and sustain with trending information and subjects.

Check out our articles on the most effective funding apps and on-line buying and selling platforms to be taught extra about different funding apps and their providing.

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