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Charles Schwab vs Public.com 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

In this head to head comparison of Charles Schwab vs Public.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Charles Schwab
visit.jpg
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Public.com
3.5/5 Stars Overall
  • Minimum Deposit: $20.00
  • Stock Trades: $0.00 info
  • Options (Per Contract): $0.00 info

Range of investments

When it comes to choosing an online brokerage, the investment options and account services available can significantly impact your decision. Charles Schwab and Public.com both offer popular choices for investors, though their offerings differ considerably. Charles Schwab excels with a wide range of investment products and traditional financial services, securing a 5-star rating for Range of Investments and ranking #2 by StockBrokers.com. On the other hand, Public.com shines for those interested in cryptocurrency investment, offering 22 different coins, but it falls behind with a 3.5-star rating and a ranking of #14 in the same category.

Charles Schwab provides an extensive range of traditional investment products such as stocks, margin trading, fractional shares, OTC stocks, mutual funds, options, forex, and futures trading. Additionally, Schwab offers retirement services like traditional and Roth IRA accounts as well as advisor services to help clients make informed investment decisions. However, Schwab does not currently offer cryptocurrency trading, which could be a downside for investors looking into digital assets.

Conversely, Public.com focuses on modern, mobile-friendly trading experiences targeting the younger and more tech-savvy investor. Public.com offers stock, margin, and options trading, alongside fractional shares and OTC stocks. Its standout feature is cryptocurrency trading, with access to 22 different digital coins. However, it lacks other types of investment products like mutual funds and forex, and does not provide retirement accounts or advisor services, making it less comprehensive compared to Charles Schwab in terms of traditional investing.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes Yes
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 22
Range of Investments 5/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When it comes to choosing between Charles Schwab and Public.com for trading platforms and tools, the choice hinges significantly on the depth and breadth of features required by the user. Charles Schwab emerges as a top choice, boasting a comprehensive set of tools and functionalities that cater to seasoned traders, offering capabilities like paper trading, advanced technical indicators, and extensive chart customization options. In contrast, Public.com is more streamlined but limited, focusing on simplicity with basic features that might appeal to beginner investors.

Charles Schwab offers both Windows and Mac downloadable trading platforms, alongside a browser-based option, thereby providing flexibility in how users access their trading tools. It excels with an impressive 374 technical indicators and 24 drawing tools for charting, allowing for intricate analysis and the customization of strategies. Moreover, features such as a trading journal, the ability to adjust open orders directly on stock charts, and extensive watch list fields (totaling 580) richly complement Schwab's platform, aligning with its high rating of five out of five stars for trading platforms and tools.

Conversely, Public.com focuses on a more straightforward approach with its browser-based platform, offering no downloadable options. It provides only the basic functionality needed for trading, such as the ability to add index overlays to charts, but lacks advanced charting tools and customization options, including technical indicators and drawing tools. With only three watch list fields and a limited set of features, it is evident why Public.com receives two stars for its trading tools. As a result, Schwab ranks #1 among 15 brokers for trading platforms and tools, while Public.com sits at #14, reflecting their distinct positioning in the marketplace.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info Yes No
Watch Lists - Total Fields info 580 3
Charting - Indicators / Studies info 374 0
Charting - Drawing Tools info 24 0
Platforms & Tools 5/5 Stars 2/5 Stars

Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

Charles Schwab and Public.com both offer various educational resources to help investors get started, but they cater to different needs. Charles Schwab excels with comprehensive educational materials, covering stocks, ETFs, options, mutual funds, and bonds. In addition to diverse learning topics, Schwab provides useful tools such as paper trading, quizzes, and the ability to track your learning progress, making it an excellent choice for beginners who want an immersive learning experience. The platform also offers a plethora of educational videos and webinars, garnering a 5-star rating for its educational capabilities and earning the top spot in StockBrokers.com's ranking.

In contrast, Public.com provides a more limited educational scope, focusing on stocks, ETFs, and options, while offering engaging videos and webinars. However, it lacks coverage on mutual funds and bonds and does not offer paper trading or educational quizzes. Public.com's educational suite, while friendly for newcomers, does not provide tools to track learning progress, which might limit those seeking a more structured educational path. Despite these limitations, Public.com receives a decent 3.5-star rating and ranks 12th among brokers according to StockBrokers.com, making it an appealing choice for users who prefer a straightforward platform without the extensive learning curve.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info Yes No
Videos info Yes Yes
Webinars info Yes Yes
Education 5/5 Stars 3.5/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing Charles Schwab and Public.com for stock trading app capabilities, Schwab emerges as the more comprehensive choice. With a firm lead in app features, Schwab offers a more all-encompassing trading experience, earning a perfect 5-star rating versus Public.com's 3.5 stars. Ranked as the top trading app by StockBrokers.com, Schwab outshines Public, which ranks 14th out of 15 brokers. Schwab's app supports both iPhone and Android devices, and it is the only one of the two that provides an Apple Watch app. Schwab allows for mobile after-hours stock trading, streaming quotes, stock alerts, and the creation of custom watch lists, none of which Public.com offers.

Both apps provide mobile options trading and support chart viewing in multiple time frames. However, Schwab offers a significant advantage with 373 technical studies for charting, while Public.com offers none. Schwab also edges out Public.com with its ability to stream live TV and on-demand videos directly within the app, catering to users who value in-depth market analysis and educational content. Both platforms allow users to customize watch list columns and display stock comparisons on charts, providing flexibility for traders to tailor their experience.

Overall, Schwab's app offers a richer feature set for mobile traders, catering to those who seek a more detailed and flexible trading experience. While Public.com might serve basic trading needs with its straightforward approach, it lacks the depth and versatility that Charles Schwab delivers. If streaming quotes, stock alerts, and extensive charting options are important to you, Charles Schwab clearly stands out as the preferred choice for active traders seeking more than just the basics.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Stock Alerts info Yes No info
Charting - After-Hours info No No
Charting - Technical Studies info 373 0
Mobile Trading Apps 5/5 Stars 3.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When selecting between Charles Schwab and Public.com, it's essential to consider factors like account fees and charges to determine which platform best suits your financial needs. Charles Schwab stands out by offering a $0 minimum deposit compared to Public.com's $20 requirement. Both platforms offer commission-free trading on regular stock trades, making them appealing to new investors. However, a key differentiator is in options trading fees. Charles Schwab charges $0.65 per contract, while Public.com does not charge a fee at all. Additionally, Public.com provides a lower interest rate on margin balances, making it more cost-effective for those interested in margin trading.

Comparing margin rates, Public.com's rates are more favorable across various balance tiers. For balances below $25,000, Public.com offers a rate of 8.75%, which is considerably lower than Charles Schwab's 13.575%. This trend continues with more substantial balances, as Public.com still offers lower rates compared to Charles Schwab. On additional fees, Public.com has a higher account transfer fee for both partial and full transfers, at $75.00 compared to Schwab's $0 for partial and $50 for full transfers.

When it comes to retirement account management, Charles Schwab provides an edge by charging no annual or closure fees for IRA accounts. In contrast, while Public.com does not stipulate specific fees for IRAs, potential investors should inquire further for clarity on any hidden costs. Both platforms, however, do not charge fees for option exercises or assignments, providing relief for active options traders. Charles Schwab's lack of additional charges for many services makes it an attractive option for those who value comprehensive service without additional fees, whereas Public.com appeals to margin traders with its lower rates and no options contract fee.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Minimum Deposit info $0.00 $20.00
Stock Trades info $0.00 $0.00 info
Options (Per Contract) info $0.65 $0.00 info
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00
IRA Closure Fee info $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When comparing Charles Schwab and Public.com for day trading, Charles Schwab stands out with a comprehensive suite of features that cater to active traders. Schwab offers streaming time and sales for stocks, streaming live TV, direct market routing, and ladder trading, all crucial tools for serious day traders. Additionally, users can benefit from trading hotkeys for quick keyboard entry and access to level 2 quotes, which provide deeper insights into stock prices. Charles Schwab also supports both basic and advanced strategy backtesting, allowing traders to simulate strategies against historical data for more informed decision-making. The inclusion of a short locator tool offers real-time availability of shares for short-selling, enhancing the platform's appeal for those involved in more complex trading tactics. However, it's noteworthy that neither platform offers order liquidity rebates.

In contrast, Public.com provides a more simplified offering that might appeal to casual investors rather than those needing sophisticated trading tools. The absence of features like streaming time and sales, live TV, direct market routing, ladder trading, and trading hotkeys means that Public.com might not serve the needs of traders seeking immediate and precise trading execution. For those who prioritize access to level 2 quotes or want to test their trading strategies through backtesting, Public.com may not be ideal. Furthermore, without a short locator tool, traders who utilize short-selling strategies may find themselves at a disadvantage. Thus, for day traders requiring a variety of advanced features to maximize their trading efficiency and insights, Charles Schwab emerges as a more equipped choice compared to Public.com.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When it comes to market research capabilities, Charles Schwab significantly outshines Public.com. Offering an extensive range of tools and resources, Charles Schwab supports its users with stock, ETF, mutual funds, bond research, and more. Public.com, on the other hand, provides limited research capabilities, covering only stocks, ETFs, and Pink Sheets/OTCBB, and lacks features like portfolio allocation analysis and ESG research. This breadth of research and analysis propels Charles Schwab to a top ranking by StockBrokers.com, earning a 5-star rating compared to Public.com's 2-star rating.

Charles Schwab stands out with comprehensive research offerings that cater to a variety of interests and investment strategies. It allows users to explore detailed stock research, including social media sentiment analysis, and offers several downloadable research reports. Schwab's resources extend further, providing ETFs, mutual funds, and bond research along with dedicated screeners for trade ideas. In contrast, Public.com falls short in these areas, offering no downloadable PDF reports for stocks or ETFs and lacking any mutual fund or bond screeners.

Investors with Charles Schwab benefit from a thorough understanding of their portfolios, thanks to the brokerā€™s capability to display asset allocation by class. Additionally, Schwab's ESG research facilitates responsible investing, appealing to environmentally and socially conscious investors. While Public.com provides a user-friendly platform for general stock research, it isn't equipped with the advanced research tools that seasoned investors might seek for comprehensive portfolio management. As such, Charles Schwab remains an excellent choice for investors prioritizing in-depth research capabilities.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 2/5 Stars

Banking

When comparing the banking capabilities of online brokers Charles Schwab and Public.com, Schwab provides a much broader range of services. Charles Schwab offers checking and savings accounts, catering to those looking for traditional banking options alongside investing. Additionally, Schwab supplies customers with debit and credit cards, adding more convenience for everyday transactions. Moreover, Schwab includes mortgage loans and certificate of deposits (CDs) in their offerings, giving users an opportunity to diversify their financial strategy. In contrast, Public.com focuses solely on investment services and doesn't offer banking features like checking or savings accounts, debit or credit cards, mortgage loans, or CDs. Therefore, for users seeking comprehensive banking and investment services from one platform, Charles Schwab presents a more complete solution, while Public.com remains a choice for investment-only purposes.

Feature Charles Schwab logoCharles Schwab
Public.com logoPublic.com
Checking Accounts info Yes No
Savings Accounts info Yes No
Debit Cards info Yes No
Credit Cards info Yes No
Mortgage Loans info Yes No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that Charles Schwab is better than Public.com. Charles Schwab finished with an overall score of 99.2%, while Public.com finished with a score of 69.6%.

With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking research and commentary and a client experience to fit any preference.

FAQs

Can you trade cryptocurrency with Charles Schwab or Public.com?

In the realm of crypto trading, Public.com stands out by offering 22 different coins, while Charles Schwab does not provide any crypto trading options.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Charles Schwab or Public.com offer IRAs?

Charles Schwab provides both traditional and Roth IRA accounts with no annual or closure fees, whereas Public.com does not offer IRA accounts.

Dive deeper: Best IRA Accounts for 2025

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Compare

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Overall Rating Charles Schwab Public.com
Overall 5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 2/5 Stars
Mobile Trading Apps 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 2/5 Stars
Customer Service 4.5/5 Stars N/A
Education 5/5 Stars 3.5/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Charles Schwab Review Public.com Review
Broker Screenshots Charles Schwab Public.com
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees Charles Schwab Public.com
Minimum Deposit info $0.00 $20.00
Stock Trades info $0.00 $0.00 info
Penny Stock Fees (OTC) info $6.95 $2.99
Mutual Fund Trade Fee info Varies n/a
Options (Per Contract) info $0.65 $0.00 info
Futures (Per Contract) info $2.25 (Not offered)
Broker Assisted Trade Fee info $25 n/a
Margin Rates Charles Schwab Public.com
Margin Rate Under $25,000 info 13.575% 8.75%
Margin Rate $25,000 to $49,999.99 info 13.075% 8.75%
Margin Rate $50,000 to $99,999.99 info 12.125% 6.75%
Margin Rate $100,000 to $249,999.99 info 12.075% 6.75%
Margin Rate $250,000 to $499,999.99 info 11.825% 5.75%
Margin Rate $500,000 to $999,999.99 info Varies info 5.75%
Margin Rate Above $1,000,000 info Varies info 5.75%
Account Fees Charles Schwab Public.com
IRA Annual Fee info $0.00
IRA Closure Fee info $0.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $50.00 $75.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Charles Schwab Public.com
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 4 0
Futures Trading info Yes No
Forex Trading info Yes No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 22
Mutual Funds (No Load) info 15163 0
Mutual Funds (Total) info 18145 0
Bonds (US Treasury) info Yes Yes
Bonds (Corporate) info Yes Yes
Bonds (Municipal) info Yes No
Traditional IRAs info Yes No
Roth IRAs info Yes No
Advisor Services info Yes No
International Countries (Stocks) info 12 0
Order Types Charles Schwab Public.com
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes info
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes No
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners Charles Schwab Public.com
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes Yes
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info Yes No
Videos info Yes Yes
Webinars info Yes Yes
Webinars (Archived) info Yes Yes
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Charles Schwab Public.com
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes No
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes No
Stock App Features Charles Schwab Public.com
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes No info
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes No
Watch Lists - Create & Manage info Yes No
Watch Lists - Column Customization info Yes Yes
Stock App Charting Charles Schwab Public.com
Charting - After-Hours info No No
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 373 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes Yes
Trading Platforms Charles Schwab Public.com
Active Trading Platform info thinkorswim info n/a
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info Yes No
Watch Lists - Total Fields info 580 3
Stock Chart Features Charles Schwab Public.com
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 374 0
Charting - Drawing Tools info 24 0
Charting - Notes info Yes No
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info Yes No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes No
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 35 0
Charting - Custom Studies info Yes No
Day Trading Charles Schwab Public.com
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info Yes No
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview Charles Schwab Public.com
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info Yes No
Screener - Stocks info Yes No
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes No info
Stock Research Charles Schwab Public.com
Stock Research - PDF Reports info 7 0 info
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Charles Schwab Public.com
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Charles Schwab Public.com
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Charles Schwab Public.com
Option Chains - Basic View info Yes No
Option Chains - Strategy View info Yes No
Option Chains - Streaming info Yes No
Option Chains - Total Columns info 31 4
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes No
Option Positions - Grouping info Yes No
Banking Charles Schwab Public.com
Bank (Member FDIC) info Yes No
Checking Accounts info Yes No
Savings Accounts info Yes No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service Charles Schwab Public.com
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes No
Email Support info Yes Yes
Live Chat (Prospect Customers) info No Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes No
Overall Charles Schwab Public.com
Overall 5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 2/5 Stars
Mobile Trading Apps 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 2/5 Stars
Education 5/5 Stars 3.5/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Charles Schwab Review Public.com Review
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