eToro vs Public.com 2024
In this head to head comparison of eToro vs Public.com, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of eToro vs Public.com, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When weighing the investment options provided by eToro and Public.com, potential investors will find that each platform comes with its unique strengths and limitations. Public.com slightly edges out eToro with a broader array of investment options, earning a 3-star rating compared to eToro's 2.5 stars from StockBrokers.com. Ranked 17th out of 18 brokers in investment options, eToro lags behind Public.com, which holds the 15th position, making Public.com the more versatile choice for diverse investing needs.
In terms of stock trading, both eToro and Public.com offer robust platforms that cater to regular and fractional shares. However, when it comes to other investment vehicles, their offerings diverge. Public.com provides users with access to margin trading and OTC stocks, areas where eToro does not compete. Meanwhile, both platforms allow for options trading and crypto trading, although eToro supports a slightly larger number of cryptocurrencies, with 26 coins compared to Public.com's 22. Despite these offerings, neither platform currently provides access to mutual funds, futures, forex, or IRA accounts.
For those especially interested in cryptocurrencies, eToro presents a more comprehensive selection of digital assets. However, Public.com’s inclusion of OTC stocks and margin trading might appeal to traders looking for speculative opportunities and leverage options. While neither platform offers traditional financial advisory services, they both support a straightforward, user-friendly experience tailored towards more hands-on investors. In summarizing their differences and overlaps, investors have the chance to weigh these factors based on their specific trading and investment priorities.
Feature |
eToro
|
Public.com
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | No | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | No | Yes |
Mutual Funds | No | No |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | Yes | Yes |
Crypto Trading - Total Coins | 26 | 22 |
Investment Options |
Dive deeper: Best Options Trading Platforms & Brokers, 5 Best Futures Trading Platforms of 2024
When comparing eToro and Public.com for their trading platforms and tools, eToro emerges as the more robust option with a higher rating of 3.5 stars compared to Public.com's 2.5 stars. Ranked 12th out of 18 brokers by StockBrokers.com, eToro offers features like browser-based platforms, seven fields for watch lists, and extensive charting tools with 46 technical indicators and 48 drawing tools. Public.com, meanwhile, ranks 17th and lacks paper trading, with fewer customization options and zero technical indicators or drawing tools available.
Both eToro and Public.com do not provide Windows or Mac downloadable trading platforms, and instead offer browser-based platforms. Although neither broker allows adjusting open orders directly on stock charts, eToro stands out with the ability to add chart notes, index overlays, and save multiple chart profiles. Public.com does offer index overlays like eToro, but falls short on chart customization and data visualization capabilities.
eToro's platform further allows for a comprehensive chart experience by providing customization with five fields for the SMA study and supporting the addition of notes. Meanwhile, Public.com remains limited in charting functionality with only three fields available for watch lists and no customization fields for the SMA study. Both brokers lack the ability to show historical trades, display corporate events on charts, and provide automated technical analysis. However, eToro’s expanded offering settles it as the more versatile trading platform of the two.
Feature |
eToro
|
Public.com
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | No | No |
Desktop Platform (Mac) | No | No |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 7 | 3 |
Charting - Indicators / Studies | 46 | 0 |
Charting - Drawing Tools | 48 | 0 |
Platforms & Tools |
Dive deeper: Best Stock Brokers for 2024, Best Paper Trading Platforms of 2024
When it comes to investor education, both eToro and Public.com provide valuable resources, though they differ in their offerings. eToro excels with its provision of stock education and unique paper trading capabilities, allowing newcomers to practice trades without financial risk. It also offers educational videos to aid learning, though it lacks webinars and options for tracking progress. On the other hand, Public.com enhances its educational resources by providing extensive content on stocks, ETFs, and options. It includes webinars that provide live interactive learning experiences, alongside educational videos. Despite these robust offerings, Public.com doesn’t offer paper trading, which could be a drawback for those looking to gain hands-on, risk-free experience. Both platforms do not support quizzes for educational reinforcement or tracking learning progress.
In the realm of beginner and investor education, eToro earns a rating of 2.5 stars while Public.com receives a slightly higher rating of 3 stars. According to StockBrokers.com, among 18 online brokers, eToro is ranked #16 for educational offerings, whereas Public.com is positioned at #15. This ranking reflects Public.com's broader educational scope in ETFs and options, as well as the interactive nature of its webinars. However, for beginners prioritizing simulated trading experiences, eToro's paper trading feature may be a significant advantage.
Feature |
eToro
|
Public.com
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | No | Yes |
Education (Options) | No | Yes |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | Yes | No |
Videos | Yes | Yes |
Webinars | No | Yes |
Education |
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
When comparing the mobile trading capabilities of eToro and Public.com, eToro emerges as the more feature-rich option, especially for users seeking comprehensive charting and trading functionalities. Rated at 4.5 stars, eToro ranks #11 out of 18 brokers, showcasing its robust appeal and rich feature set, such as 103 technical studies and the ability to create custom watch lists and stock alerts. Public.com, while still commendable with a 4-star rating and a #14 rank, lacks several advanced features that eToro provides, potentially making it less ideal for serious traders who prioritize extensive research tools and advanced chart analysis.
Both trading platforms offer iPhone and Android apps, catering to users across the most popular mobile ecosystems. However, neither supports an Apple Watch app, nor do they offer streaming live TV. For those interested in after-hours trading, it's noteworthy that Public.com lacks this capability on mobile. When it comes to charting, eToro offers after-hours charting, while Public.com does not, along with supporting multiple time frames and the ability to display stock comparisons on charts. eToro further distinguishes itself with video on demand, a feature absent from Public.com, allowing for a richer educational experience directly from the app.
In terms of customizability, eToro allows users to create custom watch lists, although it doesn't offer customizable watch list columns, a feature Public.com does provide. However, eToro makes up for this with a far superior number of technical studies for mobile charting, an impressive 103 compared to Public.com's zero. Both apps are designed for mobile trading, enabling users to access a plethora of core trading capabilities on-the-go, but eToro's broader range of tools and options makes it a more compelling choice for traders looking for a comprehensive mobile trading experience.
Feature |
eToro
|
Public.com
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | No | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | No |
Charting - Technical Studies | 103 | 0 |
Mobile Trading Apps |
Dive deeper: Best Stock Trading Apps of 2024
When comparing eToro and Public.com for account fees and other financial charges, both platforms offer zero-cost stock trades and options trading, presenting a clear advantage for cost-sensitive investors. However, the minimum deposit requirements differ, with Public.com setting a lower entry point at $20 compared to eToro's $50. It's also essential to note that while Public.com provides margin trading with fees varying based on balance levels, eToro does not offer margin services. For account transfers, both platforms charge identical fees, ensuring no additional cost advantage in this area.
eToro sets itself apart from Public.com by not charging for options contracts, exercises, or assignments, aligning seamlessly with traders looking to minimize fees on derivatives trading. Alternatively, Public.com matches eToro's fee-free status for options-related transactions. However, the difference arises with margin trading as eToro does not cater to such services, potentially limiting options for investors interested in leveraging their positions. On the other hand, Public.com provides margin services, but fees do apply, including an 8.75% charge on balances below $50,000, which decreases to 6.75% for balances between $50,000 and $99,999.
Another important aspect to consider is the ACAT (Automated Customer Account Transfer) fees, where both eToro and Public.com charge $75 for either partial or full account transfers. This consistent fee structure confirms that transferring brokerage accounts will incur similar expenses regardless of the platform chosen. Ultimately, investors must weigh the significance of each fee category based on their trading style and needs to determine which platform aligns best with their financial strategies.
Feature |
eToro
|
Public.com
|
---|---|---|
Minimum Deposit | $50.00 | $20.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.00 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | ||
IRA Closure Fee | ||
Commissions & Fees |
Dive deeper: Best Brokers for Free Stock Trading of 2024
When evaluating the day trading capabilities of eToro and Public.com, it's important to note the nuanced differences and similarities between the two platforms. eToro stands out by offering streaming time and sales for stocks, a critical feature for traders focused on granular market data and timing their trades based on real-time information. In contrast, Public.com lacks this feature, potentially limiting the immediacy and depth of market insights available to its users. Both platforms, however, offer limited tools for more sophisticated trading strategies, as neither provides features such as direct market routing, ladder trading, trading hotkeys, or level 2 quotes, which are often essential for active day traders looking to optimize their trading speed and efficiency.
In addition to real-time data access, both eToro and Public.com share several constraints regarding advanced trading tools and analysis features. Neither platform supports basic or advanced strategy backtesting, and they do not offer a short locator tool or order liquidity (maker/taker) rebates, features that could significantly enhance a trader’s ability to strategize and execute trades effectively. Additionally, the absence of live TV streaming on both platforms means traders may need to look elsewhere for timely market news and insights. Overall, while eToro offers a slight edge with its time and sales streaming, both platforms may have limitations for traders seeking a comprehensive suite of day trading tools.
Feature |
eToro
|
Public.com
|
---|---|---|
Streaming Time & Sales | Yes | No |
Streaming TV | No | No |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | No | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | No |
Dive deeper: Best Day Trading Platforms of 2024
When evaluating the market research capabilities of eToro and Public.com, eToro generally outpaces its competitor despite neither platform providing comprehensive PDF or screener options. eToro garners a 3-star rating and ranks 12th out of 18 brokers for market research on StockBrokers.com, while Public.com holds a 2-star rating and ranks 17th. Both platforms offer stock and ETF research, yet eToro distinguishes itself with social media sentiment data and ESG research, features absent in Public.com's offerings.
eToro excels in integrating innovative market research tools, such as using social media sentiment data to aid investors in making informed decisions. This forward-thinking approach is complemented by its focus on ESG criteria, a crucial aspect for socially responsible investors. While eToro skips on downloadable PDF research reports and screeners, its use of unique data sources provides a modern edge for customers seeking to delve into stock and ETF markets.
Conversely, Public.com offers the ability to research Pink Sheets and OTCBB, an area where eToro falls short. However, Public.com lacks in enriching its research offerings with advanced tools like social media analysis or ESG resource integration. Neither brokerage provides options for mutual fund or bond research, nor do they support portfolio allocation by asset class. Ultimately, eToro's approach offers a slightly superior, albeit still limited, suite of research tools compared to Public.com.
Feature |
eToro
|
Public.com
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | No | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | No | No |
Research - Mutual Funds | No | No |
Screener - Mutual Funds | No | No |
Research - Bonds | No | No |
Screener - Bonds | No | No |
Research |
When comparing the banking capabilities of online brokers eToro and Public.com, both platforms show limitations in this area. Neither eToro nor Public.com provides traditional banking services such as checking accounts, savings accounts, debit cards, credit cards, mortgage loans, or certificates of deposit (CDs). This makes them more specialized for investment purposes rather than comprehensive banking solutions. If you're seeking full-fledged banking offerings, you might want to explore other financial institutions that specialize in both investment and banking services.
Feature |
eToro
|
Public.com
|
---|---|---|
Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | No | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | No | No |
Dive deeper: Best Bank Brokerages of 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that eToro is better than Public.com. eToro finished with an overall score of 76.7%, while Public.com finished with a score of 72.9%.
Though its offerings have some limitations, eToro's approach will appeal to those interested in learning how to trade crypto or joining a crypto-focused community. The scope currently is limited in the U.S., so those looking for more advanced trading or trading a variety of underlyings will want to look elsewhere.
When comparing online brokers, eToro and Public.com both provide crypto trading; however, eToro offers a slightly wider selection with 26 coins, whereas Public.com provides 22 coins for trading.
Dive deeper: Best Crypto Trading Platforms of 2024
Neither eToro nor Public.com offers traditional or Roth IRA accounts, ensuring no annual or closure fees are associated with IRA services on either platform.
Dive deeper: Best IRA Accounts of 2024
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0 of 5Overall Rating | eToro | Public.com | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | N/A | N/A | |
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | eToro Review | Public.com Review |
Broker Screenshots | eToro | 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 | eToro | Public.com | |
---|---|---|---|
Minimum Deposit | $50.00 | $20.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | $2.99 | |
Mutual Fund Trade Fee | N/A | n/a | |
Options (Per Contract) | $0.00 | $0.00 | |
Futures (Per Contract) | (Not offered) | (Not offered) | |
Broker Assisted Trade Fee | $0 | n/a |
Margin Rates | eToro | Public.com | |
---|---|---|---|
Margin Rate Under $25,000 | Not offered | 8.75% | |
Margin Rate $25,000 to $49,999.99 | Not offered | 8.75% | |
Margin Rate $50,000 to $99,999.99 | Not offered | 6.75% | |
Margin Rate $100,000 to $249,999.99 | Not offered | 6.75% | |
Margin Rate $250,000 to $499,999.99 | Not offered | 5.75% | |
Margin Rate $500,000 to $999,999.99 | Not offered | 5.75% | |
Margin Rate Above $1,000,000 | Not offered | 5.75% |
Account Fees | eToro | Public.com | |
---|---|---|---|
IRA Annual Fee | |||
IRA Closure Fee | |||
Account Transfer Out (Partial) | $75.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | eToro | Public.com | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | No | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | No | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 0 | 0 | |
Futures Trading | No | No | |
Forex Trading | No | No | |
Crypto Trading | Yes | Yes | |
Crypto Trading - Total Coins | 26 | 22 | |
Mutual Funds (No Load) | 0 | 0 | |
Mutual Funds (Total) | 0 | 0 | |
Bonds (US Treasury) | No | Yes | |
Bonds (Corporate) | No | Yes | |
Bonds (Municipal) | No | No | |
Traditional IRAs | No | No | |
Roth IRAs | No | No | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | eToro | Public.com | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | No | Yes | |
Order Type - After Hours | No | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | No | No | |
Order Type - OTO | No | No | |
Order Type - Broker Assisted | No | No |
Beginners | eToro | Public.com | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | No | Yes | |
Education (Options) | No | Yes | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | No | Yes | |
Retirement Calculator | No | No | |
Investor Dictionary | No | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | Yes | |
Webinars | No | Yes | |
Webinars (Archived) | No | Yes | |
Progress Tracking | No | No | |
Interactive Learning - Quizzes | No | No |
Stock Trading Apps | eToro | Public.com | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | No | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | No | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | No | No | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | No |
Stock App Features | eToro | Public.com | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | Yes | No | |
Stock Alerts | Yes | No | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | No | |
Watch Lists - Create & Manage | Yes | No | |
Watch Lists - Column Customization | No | Yes |
Stock App Charting | eToro | Public.com | |
---|---|---|---|
Charting - After-Hours | Yes | No | |
Charting - Can Turn Horizontally | No | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 103 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | Yes |
Trading Platforms | eToro | Public.com | |
---|---|---|---|
Active Trading Platform | N/A | n/a | |
Desktop Trading Platform | No | No | |
Desktop Platform (Mac) | No | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 7 | 3 |
Stock Chart Features | eToro | Public.com | |
---|---|---|---|
Charting - Adjust Trades on Chart | No | No | |
Charting - Indicators / Studies | 46 | 0 | |
Charting - Drawing Tools | 48 | 0 | |
Charting - Notes | Yes | No | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | No | No | |
Charting - Corporate Events | No | No | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | No | No | |
Charting - Save Profiles | Yes | No | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 5 | 0 | |
Charting - Custom Studies | No | No |
Day Trading | eToro | Public.com | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | No | No | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | No | No | |
Trade Hotkeys | No | No | |
Level 2 Quotes - Stocks | No | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | No | |
Order Liquidity Rebates | No | No |
Research Overview | eToro | Public.com | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | No | No | |
Research - Pink Sheets / OTCBB | No | Yes | |
Research - Bonds | No | No | |
Screener - Stocks | No | No | |
Screener - ETFs | No | No | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | No | |
Misc - Portfolio Allocation | No | No |
Stock Research | eToro | Public.com | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | No | |
Stock Research - Social | Yes | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | eToro | Public.com | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | No | Yes | |
ETF Fund Facts - Expense Ratio | No | Yes | |
ETF Fund Facts - Net Assets | No | Yes | |
ETF Fund Facts - Total Holdings | No | No | |
ETFs - Top 10 Holdings | No | No | |
ETFs - Sector Exposure | No | No | |
ETFs - Risk Analysis | No | No | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | eToro | Public.com | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | No | |
Mutual Funds - Performance Chart | No | No | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | No | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | No | No | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | No | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | eToro | Public.com | |
---|---|---|---|
Option Chains - Basic View | Yes | No | |
Option Chains - Strategy View | No | No | |
Option Chains - Streaming | No | No | |
Option Chains - Total Columns | 0 | 4 | |
Option Chains - Greeks | 4 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | No | Yes | |
Option Probability Analysis | No | No | |
Option Probability Analysis Adv | No | No | |
Option Positions - Greeks | No | Yes | |
Option Positions - Greeks Streaming | No | No | |
Option Positions - Adv Analysis | No | No | |
Option Positions - Rolling | No | No | |
Option Positions - Grouping | No | No |
Banking | eToro | Public.com | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | No | No | |
Mortgage Loans | No | No |
Customer Service | eToro | Public.com | |
---|---|---|---|
Phone Support (Prospect Customers) | No | No | |
Phone Support (Current Customers) | No | No | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | No | No |
Overall | eToro | Public.com | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | eToro Review | Public.com Review |