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Firstrade vs Public.com 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 2025

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

Firstrade
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00
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 considering Firstrade and Public.com for your investment needs, it's important to understand their available options to make an informed choice. Firstrade currently stands out with a 4.5-star rating for the range of investments and is ranked sixth among 16 brokers by StockBrokers.com. It offers a wide assortment of investment options such as stock trading, margin trading, fractional shares, OTC stocks, mutual funds, and options trading. In addition, Firstrade supports both traditional and Roth IRA accounts, catering to a variety of investment strategies. On the other hand, Public.com, with a 3.5-star rating and ranked fifteenth, offers a unique advantage with crypto trading, providing access to 22 different coins, a feature not available through Firstrade.

Both Firstrade and Public.com provide opportunities for stock and margin trading, fractional shares, OTC stocks, and options trading, making them versatile platforms for investors interested in basic securities. However, Firstrade sets itself apart by including mutual funds and IRA accounts in its offerings, which could be particularly appealing to those seeking long-term investment vehicles and retirement plans. Public.com, however, carves a niche for itself by embracing cryptocurrency trading, appealing to investors interested in digital assets and diversification into emerging markets.

Neither Firstrade nor Public.com offers forex or futures trading, nor do they provide advisor services, aligning more with do-it-yourself investment approaches. Investors will need to evaluate whether Firstrade’s broader range of traditional securities or Public.com's entry into cryptocurrency better aligns with their personal investment goals and preferences. With distinct offerings and strengths, Firstrade and Public.com each present unique opportunities for a variety of investor needs.

Feature Firstrade logoFirstrade
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 No No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 22
Range of Investments 4.5/5 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 comparing online brokerages Firstrade and Public.com, each offers unique features within their trading platforms and tools, catering to diverse investor needs. Firstrade emerges with a slight advantage, mainly for more advanced technical features and overall user satisfaction. Awarded a three-star rating for trading platforms by StockBrokers.com, Firstrade's offerings rank it 11th out of 16 brokers. In contrast, Public.com receives a two-star rating and ranks 15th, indicating room for improvement compared to its competitors. Ultimately, the choice between the two depends on whether a user prioritizes more comprehensive charting tools or a simplified trading experience.

Neither Firstrade nor Public.com offers a downloadable desktop platform for Windows or Mac users, which could limit functionality for those who prefer trading on a dedicated desktop application. Both platforms do provide browser-based trading solutions, ensuring accessibility via a web browser. However, neither offers paper trading or trading journals, which can be a consideration for beginners looking to practice and track their trades. Notably, Firstrade allows for more detailed watch lists with up to 50 columns, whereas Public.com offers just three, potentially constraining more in-depth monitoring of stock performance.

For those interested in technical analysis, Firstrade stands out with a significant 102 technical indicators and eight drawing tools available for charting, compared to none offered by Public.com. Furthermore, while neither platform allows for custom studies or direct modifications of open orders on stock charts, Firstrade does provide some customizable aspects such as six fields when editing an SMA study. Both platforms allow for index overlays but lack support for other advanced features like displaying historical trades, corporate events, or setting custom date ranges. Consequently, Firstrade is generally more suitable for traders seeking a platform with a wider array of analytical tools.

Feature Firstrade logoFirstrade
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 No No
Watch Lists - Total Fields info 50 3
Charting - Indicators / Studies info 102 0
Charting - Drawing Tools info 8 0
Platforms & Tools 3/5 Stars 2/5 Stars

Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When it comes to educating beginner investors, both Firstrade and Public.com provide a range of resources to help users understand the stock market. Firstrade offers education on stocks and options, accompanied by educational videos and webinars. However, it lacks educational content on ETFs, mutual funds, and bonds. Public.com also provides educational resources on stocks, ETFs, and options, supplemented with videos and webinars, but like Firstrade, it does not offer information on mutual funds or bonds. Neither platform provides paper trading or interactive tools such as educational quizzes or progress tracking.

Both online brokers receive a rating of 3.5 out of 5 stars for their educational offerings, indicating a similar capability in investor education. However, Public.com slightly edges Firstrade in terms of ranking, standing at #12 compared to Firstrade's #13 among 16 brokers as per StockBrokers.com. This suggests that while both platforms are valuable for beginner investors seeking stock market insights, Public.com may offer a slightly more comprehensive range of educational topics. However, users looking for interactive learning tools or topics beyond core investment options might need to explore additional resources outside these two platforms.

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

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

In a head-to-head comparison of stock trading apps, Firstrade emerges as the superior choice over Public.com for users seeking comprehensive features and user experience. Firstrade earns a rating of 4.5 stars compared to Public.com's 3.5 stars, reflecting a higher level of customer satisfaction. Additionally, Firstrade’s ranking at #9 out of 16 brokers on StockBrokers.com surpasses Public.com’s position at #15, reinforcing its strong reputation in the market. Both platforms provide iPhone and Android apps, ensuring accessibility for a wide range of users.

When diving into specific features, Firstrade offers a variety of functionalities that enhance the trading experience. Notably, it supports mobile after-hours stock trading and options trading, a significant advantage for active traders who need flexibility. While both platforms allow the viewing of multiple time frames for charting, Firstrade goes further by offering 81 technical studies, compared to none in Public.com, which can be particularly beneficial for traders relying on technical analysis. Furthermore, Firstrade’s ability to provide streaming quotes and stock alerts gives its users timely and actionable market information.

Customization options are another area where Firstrade outshines Public.com. Users of Firstrade can create custom watch lists and customize watch list columns to tailor their trading app to their specific needs. While Public.com does offer some customization for watch list columns, it lacks the ability to create custom watch lists entirely. Firstrade’s ability to display charts in landscape mode and provide multiple time analysis further enhances its usability for those who prefer detailed visual insights. Overall, for stock trading enthusiasts looking for a feature-rich mobile experience, Firstrade represents a more compelling choice over Public.com.

Feature Firstrade logoFirstrade
Public.com logoPublic.com
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info Yes No info
Charting - After-Hours info No No
Charting - Technical Studies info 81 0
Mobile Trading Apps 4.5/5 Stars 3.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When considering an online broker, both Firstrade and Public.com offer appealing features for those looking to maximize their investments without incurring high costs. Firstrade stands out with its $0 minimum deposit requirement, making it an attractive choice for beginners or those looking to start small. On the other hand, Public.com requires a $20 minimum, which is still relatively low for those investing with a bit more capital upfront. Both brokers shine in cost-effectiveness when it comes to regular stock trades and options contracts, as neither charges a fee in these categories.

However, the differences become more apparent when looking at margin account charges. For margin balances below $25,000, Public.com offers a more competitive interest rate of 8.75%, compared to Firstrade’s higher rate of 13.75%. This trend continues in other margin balance tiers, where Public.com maintains lower rates, particularly in the $50,000 to $99,999 range, where the rate is nearly cut in half at 6.75% versus Firstrade’s 13.00%. Moreover, when it comes to additional fees like IRA closures, Firstrade charges $0, although Public.com’s fees for this service are not specified.

For those planning to transfer their accounts, Firstrade charges slightly less for partial transfers at $55 compared to Public.com's $75 charge, though both firms charge $75 for full transfers. Importantly, both brokers offer fee-free services for options exercises and assignments. Therefore, investors should gauge these key points, alongside their personal financial goals, to determine the best fit between Firstrade and Public.com based on fee structures and deposit requirements.

Feature Firstrade logoFirstrade
Public.com logoPublic.com
Minimum Deposit info $0.00 $20.00
Stock Trades info $0.00 $0.00 info
Options (Per Contract) info $0.00 $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 evaluating Firstrade and Public.com for day trading, neither firm provides specialized features often sought by active traders. Both platforms lack streaming time and sales for stocks, which can offer insights into market activity. They also don't provide streaming live TV, direct market routing, or ladder trading, which can be crucial for traders looking for market depth and various order execution options. Additionally, neither broker supports trading hotkeys, level 2 quotes, or basic and advanced strategy backtesting, all tools that can enhance a day trader's analysis and execution capabilities.

Furthermore, Firstrade and Public.com fall short in offering a short locator tool, which is useful for traders interested in short selling. Both platforms also do not offer order liquidity rebates, which could otherwise help in reducing trading costs for high-frequency traders. Given these limitations, traders who prioritize these specific tools and features for day trading might need to explore alternative platforms that cater more closely to their trading style and needs.

Feature Firstrade logoFirstrade
Public.com logoPublic.com
Streaming Time & Sales info No No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info No 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 2025

Market Research

When comparing the market research capabilities of Firstrade and Public.com, Firstrade clearly emerges as the more comprehensive option. Firstrade excels with a wide array of research tools for stocks, ETFs, mutual funds, and even bonds, covering areas like ESG metrics and leveraging social media sentiment data. It offers features like portfolio allocation visibility, stock screeners, and downloadable PDF reports for various investment types, areas where Public.com falls short. Ultimately, Firstrade caters to a more diverse investor base, earning it a 4.5-star rating and a sixth-place ranking by StockBrokers.com, while Public.com lags with a modest 2-star rating and a twelfth-place rank.

Firstrade provides extensive research capabilities, catering to investors interested in detailed analyses. It supports research for stocks, ETFs, mutual funds, and pink sheets/OTCBB. It also offers notable tools like social media sentiment analysis, access to ESG research, and a stock screener to pinpoint trade ideas. Add to that downloadable PDF reports for stocks and ETFs, and Firstrade becomes a suitable choice for investors seeking in-depth market insights and data-driven decision-making processes.

In contrast, Public.com offers basic research amenities but lacks detailed tools like those found on Firstrade. It supports stock and ETF research but doesn't extend to mutual funds or bonds. Public.com does not provide downloadable PDF reports or social media sentiment analysis, which limits its market research appeal. Hence, for those who value comprehensive research features and detailed reporting, Firstrade presents a superior alternative, ensuring investors have the necessary resources to make informed investment decisions.

Feature Firstrade logoFirstrade
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 4.5/5 Stars 2/5 Stars

Banking

When comparing the banking capabilities of Firstrade and Public.com, it's clear that Firstrade provides more options for users seeking basic banking services alongside their investment needs. Firstrade offers checking accounts, which Public.com does not, providing an added layer of convenience for users who want to manage their transactions. Furthermore, Firstrade provides debit cards, allowing for easy access to funds, whereas Public.com does not. Both platforms do not offer savings accounts or credit cards, keeping their focus primarily on investment services. Additionally, neither offers mortgage loans, which can be a consideration for those looking to integrate a wider array of financial services. Notably, Firstrade offers certificates of deposit (CDs), which can be appealing for those looking for a secure savings option, unlike Public.com, which does not offer CDs. Overall, Firstrade outshines Public.com in terms of banking offerings, making it a more versatile choice for those interested in an online broker with added banking features.

Feature Firstrade logoFirstrade
Public.com logoPublic.com
Checking Accounts info Yes No
Savings Accounts info No No
Debit Cards info Yes No
Credit Cards info No No
Mortgage Loans info No No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 16 of the best online brokers, our research and live account testing finds that Firstrade is better than Public.com. Firstrade finished with an overall score of 81.8%, while Public.com finished with a score of 69.6%.

Firstrade scored well for penny stock trading in our 2024 Annual Awards, and is a great choice for Chinese-speaking investors. However, it lags behind the competition in certain areas, especially platforms, tools and education.

FAQs

Can you trade cryptocurrency with Firstrade or Public.com?

While Firstrade does not support crypto trading and offers zero coins, Public.com provides access to crypto trading with a selection of 22 different coins, offering a more diverse trading experience for cryptocurrency investors.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Firstrade or Public.com offer IRAs?

Firstrade offers traditional and Roth IRA accounts with no annual or closure fees, while Public.com does not provide IRA account options at all.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Firstrade Public.com
Overall 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 3/5 Stars 2/5 Stars
Mobile Trading Apps 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 2/5 Stars
Customer Service 3.5/5 Stars N/A
Education 3.5/5 Stars 3.5/5 Stars
Ease Of Use 4/5 Stars 4.5/5 Stars
Winner check_circle
Review Firstrade Review Public.com Review
Broker Screenshots Firstrade 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 Firstrade Public.com
Minimum Deposit info $0.00 $20.00
Stock Trades info $0.00 $0.00 info
Penny Stock Fees (OTC) info $0.00 $2.99
Mutual Fund Trade Fee info $0 n/a
Options (Per Contract) info $0.00 $0.00 info
Futures (Per Contract) info (Not offered) (Not offered)
Broker Assisted Trade Fee info $19.95 n/a
Margin Rates Firstrade Public.com
Margin Rate Under $25,000 info 13.75% 8.75%
Margin Rate $25,000 to $49,999.99 info 13.50% 8.75%
Margin Rate $50,000 to $99,999.99 info 13.00% 6.75%
Margin Rate $100,000 to $249,999.99 info 12.50% 6.75%
Margin Rate $250,000 to $499,999.99 info 12.50% 5.75%
Margin Rate $500,000 to $999,999.99 info 12.50% 5.75%
Margin Rate Above $1,000,000 info 12.50% 5.75%
Account Fees Firstrade Public.com
IRA Annual Fee info $0.00
IRA Closure Fee info $0.00
Account Transfer Out (Partial) info $55.00 $75.00
Account Transfer Out (Full) info $75.00 $75.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Firstrade 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 No No
Forex Trading info No No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 22
Mutual Funds (No Load) info 15460 0
Mutual Funds (Total) info 19666 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 No No
International Countries (Stocks) info 0 0
Order Types Firstrade 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 Firstrade Public.com
Education (Stocks) info Yes Yes
Education (ETFs) info No Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No No
Education (Bonds) info No No
Education (Retirement) info Yes Yes
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info No 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 Firstrade Public.com
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No 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 Firstrade Public.com
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No 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 Firstrade 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 81 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info No Yes
Trading Platforms Firstrade Public.com
Active Trading Platform info n/a
Desktop Trading Platform info No No
Desktop Platform (Mac) info No No
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info No No
Watch Lists - Total Fields info 50 3
Stock Chart Features Firstrade Public.com
Charting - Adjust Trades on Chart info No No
Charting - Indicators / Studies info 102 0
Charting - Drawing Tools info 8 0
Charting - Notes info No No
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info No No
Charting - Corporate Events info No No
Charting - Custom Date Range info No No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info No No
Charting - Save Profiles info No No
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 6 0
Charting - Custom Studies info No No
Day Trading Firstrade Public.com
Streaming Time & Sales info No No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Ladder Trading info No No
Trade Hotkeys info No No
Level 2 Quotes - Stocks info No 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 Firstrade 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 Firstrade Public.com
Stock Research - PDF Reports info 1 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 Firstrade 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 Firstrade 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 Firstrade Public.com
Option Chains - Basic View info Yes No
Option Chains - Strategy View info Yes No
Option Chains - Streaming info No No
Option Chains - Total Columns info 8 4
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info No Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info No No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info No Yes
Option Positions - Greeks Streaming info No No
Option Positions - Adv Analysis info No No
Option Positions - Rolling info Yes No
Option Positions - Grouping info No No
Banking Firstrade Public.com
Bank (Member FDIC) info No No
Checking Accounts info Yes No
Savings Accounts info No No
Credit Cards info No No
Debit Cards info Yes No
Mortgage Loans info No No
Customer Service Firstrade 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 Yes Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info No No
Overall Firstrade Public.com
Overall 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 3/5 Stars 2/5 Stars
Mobile Trading Apps 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 2/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Ease Of Use 4/5 Stars 4.5/5 Stars
Winner check_circle
Review Firstrade Review Public.com Review
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