Public
Social investing platform for all assets
Pros & Cons
Pros
- Multi-asset
- Bonds for retail
- Social features
- IPO access
Cons
- Spread on crypto
- Social can create FOMO
- Limited alternatives
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.
Head-to-Head
| Platform | Min | Target Return | Annual Fee | Liquidity | Accredited |
|---|---|---|---|---|---|
| — | Market returns | 0–2% premium bond fee | Daily | No | |
| — | Varies | 0.1% trading fee | Daily | No | |
| — | 4–5.5% APY | No fees | Daily | No | |
| — | 5–15% yield | Platform fee | Perpetual | No | |
| — | 4–7% | No fee on savings | Daily (savings) | No |
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