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Public Review 2020: Investing Features, Pros and Cons

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In this Public review, we’ll cover the features, pros and cons, and if this investing and trading app is right for you.

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Public Review Summary

Public is a compelling brokerage app for the novice investor looking to build a portfolio for long-term growth. If you have minimal understanding of the stock market and with limited funds, then Public is a great option to help you kickstart your investing goals.

What is Public?

Public is a commission-free brokerage app that focuses on building your investing knowledge, social interaction, and long-term holds. With Public, you can invest in stocks and funds with as little as $5. Buy them by the slice or the entire share.

>> Get started with Public

Full Review

Public is a legitimate and trusted investment app helping thousands of people invest commission-free. It’s user-friendly and sleek interface is quite appealing. The app is available on iOS and Android.

For many, investing can seem complicated leading to procrastination. Fortunately, Public has made a seamless investment app that focuses on financial knowledge and community interaction.

It differentiates itself from Webull and Robinhood with a focus on creating long-term value, not stock trading. In fact, with Public, there is no day trading allowed, no margin loans, and no complex investment securities.

Explore stocks the way you see the world based on themes. Public removes the jargon and offers curated lists to help you discover new companies. You can buy fractional shares of stocks or ETFs so owning shares (or slices of shares) of Amazon and Google is possible. The trades are public and  you can view the portfolios of others.

Public Features

Public’s social interaction feature makes it unique.

  • Community – follow investors, share insights, and interact with others
  • Group chats – start or join group chats to talk about companies and trends.
  • Account minimum  – $0
  • No commission – no fees for your trades
  • Fractional shares – buy slices of your favorite stocks and ETFs for as littles as $5

Public Products

  • Invest – buy and sell stocks

Investments made in Public are insured for up to $500,000. See SIPC for details.

Pricing

  • Trading and commission fees: $0
  • Minimum account fees: $0 

Pros & Cons

ProsCons
✓ Sleek interface makes investing easy.
✓ Fractional shares
✓ Community features to follow other investors and learn.
✓ Themes to discover new stocks.
✓ Earn 2.5% on cash balance up to $10,000.
☓ No web access; mobile only

Who is it best for?

Public is best for novice investors who may not have a lot of money to start with but are looking to create long-term portfolios. It’s great for those who prefer more guidance and community interaction. It’s simple interface makes trading easy and community features make investing approachable. 

How to start a Public account

Time needed: 3 minutes.

Step-by-Step to opening an account with Public

  1. Getting started

    Click on the link to get started with Public on mobile.

  2. Create investor profile

    Enter your personal information and answer questions.

  3. Choose your stocks

    Select your stocks from themes. Buy full shares or slices of stocks.

Public Review: Is it Right for You?

In this Public stock app review, I hope you learned the main details to help you decide to use the app. Public is a great investing app for those seeking an alternative to Robinhood, Stockpile and SoFi Active Investing. With Public, your fractional trades are executed in real-time compared to other apps offering the same feature. 

To summarize, Public is a legitimate and commission-free online brokerage offering you the ability to build long-term portfolios with fractional shares and community sharing features. You can use Public to help you learn more about investing as it uniquely integrates education.

If you’re a more seasoned investor, you have other options that offer more bells and whistles such as deeper analytics and financial planning. Public doesn’t offer retirement accounts or custodial accounts.

Need an alternative? Discover other investing apps in the financial marketplace.

>> Get started with Public 

Public InvestPublic Cash Account
Build long-term investment portfoliosEarn 2.5% interest on cash balances up to $10,000.
Get StartedGet Started

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