Public logo

Public

Social investing platform for all assets

stockscrypto
Founded 2019Regulation SEC/FINRA
Min InvestmentN/ASee details
Target ReturnMarket returnsSee details
Annual Fee2%of AUM
LiquidityDaily 
AccreditedNoOpen to all

Pros & Cons

Pros

  • Multi-asset
  • Bonds for retail
  • Social features
  • IPO access

Cons

  • Spread on crypto
  • Social can create FOMO
  • Limited alternatives
§ 01

The Brief

MoneyMade Verdict

Public is a strong pick for self-directed investors who want commission-free stock and ETF trading with a built-in high-yield cash account and AI-powered research tools — but its $10/contract options fee makes it expensive for active derivatives traders.

Public launched in 2019 as a social investing app and has since evolved into a full-service brokerage with stocks, ETFs, options, bonds, crypto, and alternative assets under one roof. What sets it apart from competitors like Robinhood and Webull is its emphasis on transparency and long-term investing: there's no payment for order flow (PFOF) on equity trades, and the platform leans heavily into research tools, including its AI assistant Alpha. As of 2026, Public reports over 1 million active members.

The platform earns particular attention for its Treasury Account and high-yield cash offering. Public's Treasury Account invests idle cash into U.S. Treasury bills and has offered competitive yields in the 4–5% range depending on Fed rate conditions (verify current rate at public.com). The platform is available to U.S. residents only and requires no minimum investment to open a brokerage account.

§ 04

Head-to-Head

PlatformMinTarget ReturnAnnual FeeLiquidityAccredited
Public logoPublicMarket returns0–2% premium bond feeDailyNo
Binance US logoBinance USVaries0.1% trading feeDailyNo
CIT Bank logoCIT Bank4–5.5% APYNo feesDailyNo
Royal logoRoyal5–15% yieldPlatform feePerpetualNo
LendingClub logoLendingClub4–7%No fee on savingsDaily (savings)No
§ 06

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