Firstrade vs Public.com 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.
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.
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 |
|
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | No | Yes |
Crypto Trading - Total Coins | 0 | 22 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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 |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | No | No |
Desktop Platform (Mac) | No | No |
Paper Trading | No | No |
Watch Lists - Total Fields | 50 | 3 |
Charting - Indicators / Studies | 102 | 0 |
Charting - Drawing Tools | 8 | 0 |
Platforms & Tools |
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Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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 |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | No | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | No | No |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
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|
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | No | No |
Stock Alerts | Yes | No |
Charting - After-Hours | No | No |
Charting - Technical Studies | 81 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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 |
|
|
---|---|---|
Minimum Deposit | $0.00 | $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 | $0.00 | |
IRA Closure Fee | $0.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
|
|
---|---|---|
Streaming Time & Sales | No | 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 for 2025
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 |
|
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | No |
Research - Mutual Funds | Yes | No |
Screener - Mutual Funds | Yes | No |
Research - Bonds | Yes | No |
Screener - Bonds | Yes | No |
Research |
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|
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 |
|
|
---|---|---|
Checking Accounts | Yes | No |
Savings Accounts | No | No |
Debit Cards | Yes | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
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.
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
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
Select Brokers
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0 of 5Overall Rating | Firstrade | Public.com | |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Firstrade Review | Public.com Review |
Broker Screenshots | Firstrade | Public.com | |
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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 | $0.00 | $20.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.00 | $2.99 | |
Mutual Fund Trade Fee | $0 | n/a | |
Options (Per Contract) | $0.00 | $0.00 | |
Futures (Per Contract) | (Not offered) | (Not offered) | |
Broker Assisted Trade Fee | $19.95 | n/a |
Margin Rates | Firstrade | Public.com | |
---|---|---|---|
Margin Rate Under $25,000 | 13.75% | 8.75% | |
Margin Rate $25,000 to $49,999.99 | 13.50% | 8.75% | |
Margin Rate $50,000 to $99,999.99 | 13.00% | 6.75% | |
Margin Rate $100,000 to $249,999.99 | 12.50% | 6.75% | |
Margin Rate $250,000 to $499,999.99 | 12.50% | 5.75% | |
Margin Rate $500,000 to $999,999.99 | 12.50% | 5.75% | |
Margin Rate Above $1,000,000 | 12.50% | 5.75% |
Account Fees | Firstrade | Public.com | |
---|---|---|---|
IRA Annual Fee | $0.00 | ||
IRA Closure Fee | $0.00 | ||
Account Transfer Out (Partial) | $55.00 | $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 | Firstrade | Public.com | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 0 | |
Futures Trading | No | No | |
Forex Trading | No | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 22 | |
Mutual Funds (No Load) | 15460 | 0 | |
Mutual Funds (Total) | 19666 | 0 | |
Bonds (US Treasury) | Yes | Yes | |
Bonds (Corporate) | Yes | Yes | |
Bonds (Municipal) | Yes | No | |
Traditional IRAs | Yes | No | |
Roth IRAs | Yes | No | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | Firstrade | Public.com | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | Yes | No |
Beginners | Firstrade | Public.com | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | No | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | Yes | Yes | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | No | No | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | No | No | |
Interactive Learning - Quizzes | No | No |
Stock Trading Apps | Firstrade | Public.com | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | No | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | No | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | No |
Stock App Features | Firstrade | Public.com | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | 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 | Yes | Yes |
Stock App Charting | Firstrade | Public.com | |
---|---|---|---|
Charting - After-Hours | No | No | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 81 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | No | Yes |
Trading Platforms | Firstrade | Public.com | |
---|---|---|---|
Active Trading Platform | n/a | ||
Desktop Trading Platform | No | No | |
Desktop Platform (Mac) | No | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 50 | 3 |
Stock Chart Features | Firstrade | Public.com | |
---|---|---|---|
Charting - Adjust Trades on Chart | No | No | |
Charting - Indicators / Studies | 102 | 0 | |
Charting - Drawing Tools | 8 | 0 | |
Charting - Notes | No | 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 | No | No | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 6 | 0 | |
Charting - Custom Studies | No | No |
Day Trading | Firstrade | Public.com | |
---|---|---|---|
Streaming Time & Sales | No | 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 | Firstrade | Public.com | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Bonds | Yes | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio Allocation | Yes | No |
Stock Research | Firstrade | Public.com | |
---|---|---|---|
Stock Research - PDF Reports | 1 | 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 | Firstrade | Public.com | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | No | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | Firstrade | Public.com | |
---|---|---|---|
Mutual Funds - Strategy Overview | Yes | No | |
Mutual Funds - Performance Chart | Yes | No | |
Mutual Funds - Performance Analysis | Yes | No | |
Mutual Funds - Prospectus | Yes | No | |
Mutual Funds - 3rd Party Ratings | Yes | No | |
Mutual Funds - Fees Breakdown | Yes | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | Yes | No | |
Mutual Funds - Sector Allocation | Yes | No | |
Mutual Funds - Country Allocation | Yes | No | |
Mutual Funds - StyleMap | Yes | No |
Options Trading | Firstrade | Public.com | |
---|---|---|---|
Option Chains - Basic View | Yes | No | |
Option Chains - Strategy View | Yes | No | |
Option Chains - Streaming | No | No | |
Option Chains - Total Columns | 8 | 4 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | No | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | No | No | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | No | Yes | |
Option Positions - Greeks Streaming | No | No | |
Option Positions - Adv Analysis | No | No | |
Option Positions - Rolling | Yes | No | |
Option Positions - Grouping | No | No |
Banking | Firstrade | Public.com | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | Yes | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | Yes | No | |
Mortgage Loans | No | No |
Customer Service | Firstrade | Public.com | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | No | |
Phone Support (Current Customers) | Yes | No | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | No | No |
Overall | Firstrade | Public.com | |
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Overall |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Firstrade Review | Public.com Review |