Public.com
Multi-asset investing with social features and options rebates
How it works
Public.com is a multi-asset investing platform offering commission-free stocks, ETFs, options, crypto, Treasury bonds, and corporate bonds. It stands out for its options rebate program that pays you per contract rather than charging you, a bond account with locked-in yields, and a social community with live Town Halls and AI-powered analysis from Alpha. Fractional shares let you start investing with as little as $1.
Is it right for you?
Consider if you
- You want commission-free stocks, ETFs, and options that pay rebates per contract
- You want Treasury bonds, corporate bonds, and high-yield cash in one app
- You enjoy community features like Town Halls with company CEOs
Skip if you
- Investors who need mutual funds — Public does not offer them
- Day traders needing advanced charting, Level 2 data, and hotkeys
Your money and data
Public.com (Open to the Public Investing, Inc.) is an SEC-registered broker-dealer and FINRA/SIPC member. Your invested assets are SIPC-protected up to $500,000. Uninvested cash is swept to FDIC-insured partner banks with up to $5 million in coverage. Apex Clearing provides excess SIPC insurance with a $150 million aggregate limit. Cryptocurrency held with ZeroHash is not SIPC-protected.
Pros & Cons
Pros
- Commission-free trading plus options rebates of $0.06 to $0.18 per contract
- High-Yield Cash Account with up to $5M FDIC coverage and competitive APY
- Bond Account offers ~5.4% locked-in yield on Treasury and corporate bonds
Cons
- No mutual funds at all
- $3.99/month inactivity fee for accounts under $70 with no activity for 6+ months
- No phone support — email and live chat only on weekdays, 9am to 5pm ET
Pricing details
$0 stock/ETF/options trades · Options rebates $0.06 to $0.18/contract · Premium $8 to $10/month · Cash Account ~3.6% APY
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