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E*TRADE vs Public.com 2024

StockBrokers.com

Written by StockBrokers.com

October 30, 2024

In this head to head comparison of E*TRADE vs Public.com, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.

E*TRADE
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

Investment options

When evaluating online brokers for investment options, E*TRADE stands out with a higher rating of 4.5 stars, ranking 4th out of 18 brokers as per StockBrokers.com. In contrast, Public.com holds a 3-star rating and ranks 15th, highlighting key differences in their offerings. E*TRADE provides a comprehensive array of investment choices, including traditional and Roth IRA accounts, options and futures trading, and an extensive mutual funds selection. This broad range appeals to investors seeking a variety of vehicles for their portfolios.

Both E*TRADE and Public.com offer essential services such as stock and margin trading, alongside access to OTC stocks and options trading. However, Public.com steps ahead in offering fractional shares and crypto trading, including 22 coins, making it an appealing choice for modern investors keen on exploring cryptocurrency. Nevertheless, it does not support mutual funds, futures trading, or traditional and Roth IRAs, potentially limiting its appeal to a diverse investor base.

E*TRADE further strengthens its offering with advisor services and mutual funds, providing a full spectrum of investment opportunities not available with Public.com. While E*TRADE lacks crypto trading, its well-rounded options and advisor support cater to traditional investors and those seeking managed investment solutions. Ultimately, the choice between E*TRADE and Public.com depends on individual investment preferences and the specific range of services an investor is looking for.

Feature E*TRADE logoE*TRADE
Public.com logoPublic.com
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info No 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
Investment Options 4.5/5 Stars 3/5 Stars

Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024

Trading platforms and tools

When evaluating online trading platforms and tools from E*TRADE and Public.com, E*TRADE emerges as the more comprehensive option. It offers robust browser-based trading solutions that support advanced features such as paper trading, multiple chart customization options, and technical analysis capabilities. Garnering a rating of 4.5 stars, E*TRADE is ranked #4 out of 18 brokers by StockBrokers.com. In contrast, Public.com, which is rated at 2.5 stars and ranked #17, offers a simplified trading experience with fewer charting features and watch list customization capabilities.

The trading platform offerings from E*TRADE cater to seasoned traders with detailed charting features, including 121 technical indicators, 37 drawing tools, and the ability to display corporate events and historical trades on charts. E*TRADE also stands out with its capacity to adjust open orders directly on stock charts, something that Public.com lacks. Public.com provides only three fields for watch list customization compared to E*TRADE’s 43, limiting traders' ability to monitor multiple data points efficiently.

Both E*TRADE and Public.com do not offer downloadable trading platforms for Windows and Mac, relying instead on browser-based solutions. While both allow index overlays on charts, E*TRADE provides significantly more flexibility with features like automated technical analysis and custom date ranges, enhancing traders' strategic capabilities. In summary, for traders prioritizing comprehensive tools and advanced features, E*TRADE offers a more complete and versatile trading environment compared to Public.com.

Feature E*TRADE logoE*TRADE
Public.com logoPublic.com
Web Trading Platform info Yes Yes
Desktop Trading Platform info No No
Desktop Platform (Mac) info No No
Paper Trading info Yes No
Watch Lists - Total Fields info 43 3
Charting - Indicators / Studies info 121 0
Charting - Drawing Tools info 37 0
Platforms & Tools 4.5/5 Stars 2.5/5 Stars

Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024

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Beginners and education

When comparing the educational resources available for beginners and investors at E*TRADE and Public.com, it becomes clear that E*TRADE holds a significant advantage. E*TRADE offers comprehensive educational content across various investment assets, including stocks, ETFs, options, mutual funds, and bonds. This extensive range is complemented by practical tools like paper trading, allowing users to gain hands-on experience without financial risk. E*TRADE also enhances its learning platform with rich multimedia resources such as videos and webinars, contributing to its impressive 5-star education rating and #3 ranking out of 18 brokers by StockBrokers.com.

In contrast, Public.com, while offering foundational stock and ETF education, lags in certain areas crucial for a well-rounded investor education, such as mutual funds and bonds. Although Public.com provides educational videos and webinars similar to E*TRADE, it lacks features such as paper trading, which could be vital for beginners wanting to test investment strategies. With no educational quizzes or progress tracking in place, Public.com receives a 3-star rating and ranks #15 in the StockBrokers.com education category, suggesting room for improvement in its education offerings.

Feature E*TRADE logoE*TRADE
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 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2024

Stock trading apps

When choosing a stock trading app, it's essential to weigh the capabilities of E*TRADE and Public.com. E*TRADE stands out with a five-star rating and a #2 rank out of 18 brokers, while Public.com scores four stars and ranks #14. Both platforms provide robust iPhone and Android apps, with E*TRADE also offering an Apple Watch app. E*TRADE excels in features like after-hours stock trading, options trading, and streaming quotes, which Public.com lacks. Overall, E*TRADE is a formidable contender for those seeking a feature-rich trading experience.

E*TRADE sets itself apart in the mobile trading landscape with several advanced capabilities that enhance usability and functionality. Its app supports after-hours trading, multiple chart viewing options including landscape mode, and accommodates a rich selection of 107 technical studies, compared to Public.com, which offers none. Furthermore, E*TRADE provides features like stock alerts and customizable watch lists that are not available on Public.com, making it a more adaptable choice for seasoned traders.

Public.com, while not as feature-packed as E*TRADE, still offers essential trading functionalities and customer-friendly interface aspects like the ability to customize watch list columns and display stock comparisons on charts. However, the absence of streaming quotes, after-hours charting, and technical study capabilities may limit its appeal to advanced traders. Despite these restrictions, Public.com still provides a reliable platform for users primarily focused on straightforward stock trading needs.

Feature E*TRADE logoE*TRADE
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 Yes No
Charting - Technical Studies info 107 0
Mobile Trading Apps 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2024

Fees

When comparing E*TRADE and Public.com, it's essential to weigh their respective fee structures to determine which platform may better suit your trading needs. Both online brokers offer zero commissions on regular stock trades, making them attractive for cost-conscious traders. However, while E*TRADE has a $0 minimum deposit, Public.com requires a minimum of $20, which might be a consideration for new investors. For those interested in options trading, E*TRADE charges $0.65 per contract, while Public.com provides options trading at no additional cost. As such, Public.com offers a more affordable choice for heavy options traders.

Looking at margin rates, E*TRADE's charges range from 13.2% to 14.2%, while Public.com offers considerably lower rates, especially for higher balances. For margin balances below $25,000, Public.com's rate is 8.75%, compared to E*TRADE's 14.2%. This difference remains consistent across different balance tiers, with Public.com offering significantly lower rates, particularly for balances between $50,000 and $99,999, where it only charges 6.75%. This could be a decisive factor for those leveraging margin trading regularly.

Examining other fees, E*TRADE sets itself apart by not charging for IRA annual and closure fees, whereas Public.com does not specify these fees clearly. On the other hand, both platforms charge $75 for a full account transfer (ACAT), but E*TRADE stands out by not charging for a partial transfer, which costs $75 at Public.com. With both brokers offering free options exercise and assignment fees, the choice ultimately hinges on your specific trading strategy and financial priorities.

Feature E*TRADE logoE*TRADE
Public.com logoPublic.com
Minimum Deposit $0.00 $20.00
Stock Trades $0.00 $0.00 info
Options (Per Contract) $0.65 $0.00 info
Options Exercise Fee $0.00 $0.00
Options Assignment Fee $0.00 $0.00
IRA Annual Fee $0.00
IRA Closure Fee $0.00
Commissions & Fees 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Free Trading Platforms for 2024

Day Trading

When evaluating the day trading capabilities of E*TRADE and Public.com, E*TRADE offers distinct advantages with its comprehensive suite of tools and features geared towards active traders. Notably, E*TRADE provides streaming time and sales for stocks, allowing traders to monitor real-time data closely, a feature not available with Public.com. Additionally, E*TRADE enhances the trading experience with streaming live TV and direct market routing for stocks, ensuring that users have up-to-date information and control over trade executions. E*TRADE also supports trading hotkeys for keyboard trade entry and offers level 2 quotes, giving traders the ability to make quick and informed decisions. These robust features cater specifically to those who engage in frequent and rapid trading.

In contrast, Public.com falls short in terms of certain vital features for active day traders. It lacks streaming time and sales for stocks, streaming live TV, and direct market routing, which might limit its appeal to those seeking an in-depth trading platform for fast-paced market environments. Furthermore, Public.com does not support trading hotkeys or offer level 2 quotes, potentially slowing down trade execution speed and reducing the effectiveness of trade strategies. Both platforms, however, lack ladder trading, strategy backtesting, a short locator tool for short selling, and order liquidity rebates. Overall, for day traders focusing on advanced trading functionalities and tools, E*TRADE presents a more comprehensive offering than Public.com.

Feature E*TRADE logoE*TRADE
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 info No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No

Dive deeper: Best Day Trading Platforms for 2024

Market Research

In comparing E*TRADE to Public.com regarding market research capabilities, it's clear that E*TRADE provides a comprehensive and robust set of tools that largely surpass Public.com's offerings. E*TRADE delivers extensive resources, such as downloadable PDF research reports for stocks, ETFs, and mutual funds, and offers the ability to screen for trade ideas across various financial products. On the other hand, Public.com lacks in certain areas, particularly when it comes to mutual funds and bond research, as well as social media sentiment tools. Consequently, E*TRADE receives a 5-star rating and is ranked #3 by StockBrokers.com, whereas Public.com holds a 2-star rating and is ranked #17.

E*TRADE excels in offering in-depth research across multiple investment types, including stocks, ETFs, mutual funds, and bonds. Investors benefit from downloadable research reports, and the ability to use screeners enhances trading strategies by identifying potential investments based on a variety of criteria. Furthermore, E*TRADE's distinctive feature of incorporating social media sentiment into stock research provides an additional layer of insight not available with Public.com. Portfolio allocation tools further augment E*TRADE's market research suite, making it an excellent choice for the discerning investor.

While Public.com covers the basics of stock and ETF research, it misses the mark in comparison to E*TRADE’s expansive offerings. The brokerage lacks downloadable PDF research reports and tools such as stock screeners and portfolio allocation insights. Public.com does, however, offer Pink Sheets/OTCBB research but falls short in providing comprehensive data for bonds and mutual funds. This limited research capability highlights the deficiencies in Public.com’s service in contrast to the more complete, data-driven approach provided by E*TRADE.

Feature E*TRADE logoE*TRADE
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 E*TRADE and Public.com, E*TRADE clearly stands out with a broader range of financial services. E*TRADE offers a comprehensive lineup of banking options, including checking and savings accounts, providing customers with flexible options for managing their funds. Additionally, E*TRADE customers can benefit from the convenience of debit and credit cards, as well as mortgage loans, allowing for comprehensive financial planning and management. Furthermore, E*TRADE provides the opportunity to invest in certificates of deposit (CDs), which serves as a secure savings vehicle. On the other hand, Public.com does not offer any of these banking services, making E*TRADE the decidedly stronger choice for individuals seeking versatile banking solutions integrated with their online brokerage services.

Feature E*TRADE logoE*TRADE
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 2024

Winner

After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that E*TRADE is better than Public.com. E*TRADE finished with an overall score of 96.6%, while Public.com finished with a score of 72.9%.

E*TRADE is a top-performing broker whose highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform. Crypto, however, is not available.

FAQs

Can you trade cryptocurrency with E*TRADE or Public.com?

When comparing the online brokers E*TRADE and Public.com, a significant difference is in their crypto offerings: E*TRADE does not provide crypto trading, whereas Public.com offers trading in 22 different cryptocurrencies.

Dive deeper: Best Online Brokers for Crypto Trading in 2024

Does E*TRADE or Public.com offer IRAs?

When comparing online brokers, E*TRADE stands out by offering both traditional and Roth IRA accounts with no annual or closure fees, whereas Public.com does not provide IRA account options at all.

Dive deeper: Best IRA Accounts for 2024

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Compare

0 of 5
Overall Rating E*TRADE Public.com
Overall 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 2/5 Stars
Customer Service 4.0/5 Stars N/A
Education 5/5 Stars 3/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review E*TRADE Review Public.com Review
Broker Screenshots E*TRADE 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 E*TRADE Public.com
Minimum Deposit $0.00 $20.00
Stock Trades $0.00 $0.00 info
Penny Stock Fees (OTC) info $6.95 info $2.99
Mutual Fund Trade Fee $0.00 n/a
Options (Per Contract) $0.65 $0.00 info
Futures (Per Contract) $1.50 (Not offered)
Broker Assisted Trade Fee $25 n/a
Margin Rates E*TRADE Public.com
Margin Rate Under $25,000 14.2% info 8.75%
Margin Rate $25,000 to $49,999.99 13.7% 8.75%
Margin Rate $50,000 to $99,999.99 13.2% 6.75%
Margin Rate $100,000 to $249,999.99 12.7% 6.75%
Margin Rate $250,000 to $499,999.99 12.2% 5.75%
Margin Rate $500,000 to $999,999.99 Varies info 5.75%
Margin Rate Above $1,000,000 Varies info 5.75%
Account Fees E*TRADE Public.com
IRA Annual Fee $0.00
IRA Closure Fee $0.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $75.00 $75.00
Options Exercise Fee $0.00 $0.00
Options Assignment Fee $0.00 $0.00
Investment Options E*TRADE Public.com
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info No 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 No No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 22
Mutual Funds (No Load) info 6486 0
Mutual Funds (Total) info 7242 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 0 0
Order Types E*TRADE 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 E*TRADE 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 No No
Interactive Learning - Quizzes info No No
Stock Trading Apps E*TRADE 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 E*TRADE Public.com
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info No 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 E*TRADE Public.com
Charting - After-Hours info Yes No
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 107 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes Yes
Trading Platforms E*TRADE Public.com
Active Trading Platform info Power E*TRADE n/a
Desktop Trading Platform info No No
Desktop Platform (Mac) info No No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 43 3
Stock Chart Features E*TRADE Public.com
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 121 0
Charting - Drawing Tools info 37 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 No No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes No
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 8 0
Charting - Custom Studies info No No
Day Trading E*TRADE Public.com
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info No No
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes info No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No
Order Liquidity Rebates info No No
Research Overview E*TRADE 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 E*TRADE Public.com
Stock Research - PDF Reports info 8 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 No No
Stock Research - SEC Filings info Yes No
ETF Research E*TRADE 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 E*TRADE 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 E*TRADE 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 32 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 E*TRADE 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 E*TRADE 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 E*TRADE Public.com
Overall 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 2/5 Stars
Education 5/5 Stars 3/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review E*TRADE Review Public.com Review
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