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Public.com vs Webull: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 31, 2023

Are you confused about whether to choose Public.com vs Webull as a broker for your investing needs?

In this side-by-side comparison, we analyse Public.com vs Webull 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!

Ideal for
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.

Ideal for
US investors looking for commission-free stock, ETF and options trading

Webull is a user-friendly and modern investment app based in the United States, which does not charge a commission when investing in some of its financial products.

It offers trading in stocks, options, ETFs, cryptos, fractional shares, and even Over-The-Counter (OTC) stocks. New users get up to 12 free stocks.

Webull appeals more to beginners but the brokerage also delivers a wide range of tools for more advanced investors (in-depth charting, dozens of technical indicators, customization,…).

Pros and Cons

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

Pros

  • Commission-free stock, ETF and options trading
  • Fast and easy account opening
  • No inactivity fee
  • No minimum deposit
  • Demo account

Cons

  • Limited product portfolio
  • Expensive for deposits and withdrawals
  • No live chat support
Public.com vs Webull: 2023 Comparison 3
Public.com vs Webull: 2023 Comparison 4
  •  
  • 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)
  • Public.comAsset 3
  • General Information
  • Founded in2017
  • Demo Account
  • Account Minimum$0
  • Interest on unninvested cash (annually)USD: 5.40%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks$0
  • EU stocksNot Applicable
  • ETFs$0
  • Cryptocurrencies$0**Public.com crypto intermediary, Bakkt Crypto, charges a fee starting from $0.49
  • Custody Fee$0
  • Inactivity FeeUp to $5 every 6 months for accounts with less than $20 & no activity for the last 90+ days.
  • Withdrawal Fee$0**ACH withdrawals
  • Connectivity Fee$0
  • Currency Conversion Fee0.75%**For non-USD currency into USD
  • Security
  • RegulatorsSEC and FINRA
  • Investor Compensation Scheme(per person, per institution)

    Up to $500,000 for assets (of which up to $250,000 is for cash).

  • WebullAsset 3
  • General Information
  • Founded in2017
  • Demo Account
  • Account Minimum$0
  • Interest on unninvested cash (annually)USD: 5.00%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks$0**Regulatory fees apply
  • EU stocksNot Applicable
  • ETFs$0**Regulatory fees apply
  • Cryptocurrencies1%
  • Custody Fee$0
  • Inactivity Fee$0
  • Withdrawal Fee$0
  • Connectivity Fee$0
  • Currency Conversion Fee$0
  • Security
  • RegulatorsSEC, FINRA, SFC
  • Investor Compensation Scheme(per person, per institution)

    $500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

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.

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