Are you confused about whether to choose Public.com vs TradeStation as a broker for your investing needs?
In this side-by-side comparison, we analyse Public.com vs TradeStation 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 TradeStation: 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 investors looking for commission-free trades
TradeStation is a comprehensive online brokerage platform designed for active traders and investors, giving you a wide range of tradable assets (stocks, ETFs, options, futures, and forex),
One of the standout features of TradeStation is its robust trading technology. The platform provides access to real-time market data, customizable charting tools, and advanced order execution options.
The platform offers a wide range of educational resources, including webinars, tutorials, and a vibrant online community where traders can exchange ideas and insights.
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
TradeStation
Pros
- 0% commissions on stocks and ETFs
- Low commission on options trading
- Good research and education tools
- Sophisticated trading platforms
Cons
- Minimum deposit of $500
- High fees on withdrawal
- Weak customer support
Public.com vs TradeStation: 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.
