Are you confused about whether to choose Public.com vs E*TRADE as a broker for your investing needs?
In this side-by-side comparison, we analyse Public.com vs E*TRADE to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
Public.com vs E*TRADE: In a Nutshell
commission-free investing (US investors only)
Public.com is a revolutionary investing app that aims to democratize the stock market. It offers users the opportunity to invest in fractional shares of publicly traded companies, making it accessible to individuals with limited capital.
With a focus on community and transparency, Public.com provides a social investing experience where users can discuss and share their investment ideas openly.
Moreover, the platform encourages responsible investing by providing educational resources and tools to help users understand the risks associated with investing.
US beginner and intermediate investors
E*TRADE is an online brokerage platform that provides a user-friendly and accessible way for beginners to start investing in the stock market.
The platform offers real-time streaming quotes, customizable charts, and research tools to help you analyze stocks and make informed decisions.
E*TRADE provides a wealth of educational materials, including articles, videos, webinars, and interactive courses, to help beginners learn about investing and develop their knowledge and skills.
Pros and Cons
Public.com
Pros
- Stock and ETF trades are commission-free
- Offers crypto and alternative assets (fine art, collectibles, etc)
- Investment community (social feed)
- Supports fractional shares
- High fees transparency
- No minimum deposit
Cons
- Low product offering (no options, mutual funds, precious metals, or bonds)
- Doesn't offer IRAs
- Limited investment research
E*TRADE
Pros
- 0% commission on US-listed stocks, ETFs, mutual funds, and options
- Wide range of investment products
- Automated investment portfolios
- Retirement accounts
- Good educational content
- Excellent customer support
Cons
- No international exchange trading (no European stocks, for example)
- Website can be dificult to navigate
- Fractional shares are not fully available
Public.com vs E*TRADE: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
