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SoFi Invest® vs Public.com 2025

StockBrokers.com

Written by StockBrokers.com

October 30, 2024

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

SoFi Invest®
3.5/5 Stars Overall
  • Minimum Deposit: $5.00
  • 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

Investment options

When evaluating online broker platforms, both SoFi Invest® and Public.com present certain strengths and limitations in terms of investment options. While SoFi Invest® delivers comprehensive offerings like stock trading, margin trading, fractional shares, OTC stocks, mutual funds, options trading, and retirement accounts such as traditional and Roth IRAs, Public.com covers the essentials with stock trading, margin trading, fractional shares, OTC stocks, and options trading, but stands out by offering crypto trading with access to 22 different coins. Both platforms have their unique appeal catering to varying investor needs, earning each a three-star rating for investment options. Rankings by StockBrokers.com place Public.com slightly ahead at 15th, compared to SoFi Invest® at 16th, among 18 brokers.

SoFi Invest® offers a more traditional investment portfolio. Beyond the standard stock and margin trading options, SoFi includes mutual funds and exclusive IRA account access. This positions it well for investors interested in more conventional, long-term financial planning and advisory services. However, crypto investors may find SoFi lacking, as it doesn't offer crypto trading, possibly limiting the appeal for younger, tech-savvy investors looking for diversification in digital assets.

Conversely, Public.com provides a modern twist by enabling crypto trading alongside traditional stock and options without the support of mutual funds or specialized retirement accounts. This combination might attract a younger audience focused on technological advancements in finance. However, the absence of traditional retirement plans and advisory services indicates that Public.com leans towards self-directed, possibly short-term, investment strategies, which may be a drawback for those looking for guided, long-term financial solutions.

Feature SoFi Invest® logoSoFi Invest®
Public.com logoPublic.com
Stock Trading info Yes Yes
Margin Trading 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 info Yes
Crypto Trading - Total Coins info 0 22
Investment Options 3/5 Stars 3/5 Stars

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

Trading platforms and tools

When evaluating the trading platforms and tools of SoFi Invest® and Public.com, it's clear that both platforms offer limited capabilities, earning them each 2.5 stars in this area. Ranked #15 and #17 respectively out of 18 brokers by StockBrokers.com, neither platform currently offers downloadable applications for Windows or Mac, nor do they provide sophisticated charting tools or the ability to customize technical indicators. Both platforms are browser-based, providing fundamental features for watch lists, but lack advanced trading functionalities such as paper trading, trading journals, and chart customization abilities.

SoFi Invest® and Public.com share similar constraints, with neither offering features like the ability to adjust open orders directly on stock charts or to add notes, custom studies, or multiple chart profiles. Notably, Public.com provides a slight edge as it allows the addition of index overlays to charts, while SoFi Invest® does not. However, both platforms fail to deliver robust charting options, offering zero technical indicators, drawing tools, or the capacity to display historical trades and corporate events on charts.

For users who prioritize a streamlined, browser-based trading experience, SoFi Invest® and Public.com may be similar contenders. Both platforms present three fields for watch lists and do not support custom date ranges or automated technical analysis on charts. Although options for editing an SMA study are non-existent on both platforms, users should weigh the available features against their personal trading needs, as neither serves the requirements of more advanced or technical traders seeking comprehensive trading tools.

Feature SoFi Invest® logoSoFi Invest®
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 3 3
Charting - Indicators / Studies info 0 0
Charting - Drawing Tools info 0 0
Platforms & Tools 2.5/5 Stars 2.5/5 Stars

Dive deeper: Best Stock Brokers & Trading Platforms for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When it comes to investor education, both SoFi Invest® and Public.com provide a robust selection of resources for beginners. SoFi Invest® offers comprehensive educational content on stocks, ETFs, options, mutual funds, and bonds. In contrast, Public.com covers stocks, ETFs, and options but does not extend its resources to mutual funds or bonds. While neither platform supports paper trading, both offer webinars to enhance investor learning. Notably, Public.com includes educational videos, which SoFi Invest® does not, but both platforms lack features like educational quizzes and the ability to track learning progress.

SoFi Invest® holds a strong educational rating of 4.5 stars and is ranked #7 out of 18 brokers by StockBrokers.com, making it a preferred choice for education among new investors. Public.com, although offering useful educational content, is rated at 3 stars and is ranked #15 out of 18, indicating room for improvement in its educational offerings. For those seeking a more comprehensive educational experience, particularly in mutual funds and bonds, SoFi Invest® emerges as the more favorable option.

Feature SoFi Invest® logoSoFi Invest®
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 No No
Videos info No Yes
Webinars info Yes Yes
Education 4.5/5 Stars 3/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When assessing the stock trading app capabilities of SoFi Invest® and Public.com, it's evident that both platforms offer a robust set of features, yet they differ in crucial aspects. SoFi Invest® provides a comprehensive mobile trading experience with apps available on both iPhone and Android. However, it lacks mobile options trading and several customization features for watch lists and chart displays. On the flip side, Public.com not only provides the essential mobile apps across major devices but also includes the ability to customize watch list columns and display stock comparisons on charts, setting it slightly ahead in the customization department. It's worth noting that Public.com receives a higher user rating of four stars as opposed to SoFi Invest®'s three stars, indicating a more favorable user experience overall.

Both SoFi Invest® and Public.com offer stock trading apps on iPhone and Android, ensuring that users have access to their investment portfolios across popular mobile platforms. However, neither platform supports Apple Watch, which could be a drawback for users looking for trading capabilities on wearable devices. While both apps facilitate after-hours trading, SoFi Invest® does not offer mobile options trading, whereas Public.com does, making the latter a more versatile choice for those interested in expanding their trading activities. Additionally, while streaming quotes, live TV, and video-on-demand features are absent from both apps, the ability to view multiple time frames for charting is universally available, supporting more informed investment decisions on-the-go.

In terms of charting and customization, differences become more significant. SoFi Invest® does not offer any technical studies in its mobile charting capabilities and lacks support for comparing stocks directly on charts. Conversely, Public.com not only allows users to customize watch list columns but also provides the ability to display stock comparisons on charts, offering a distinct advantage in analyzing investment opportunities. This enhanced functionality, along with its higher StockBrokers.com rank of 14 out of 18 compared to SoFi Invest®'s rank of 16, highlights the appeal of Public.com for traders seeking a slightly more flexible and user-friendly app experience.

Feature SoFi Invest® logoSoFi Invest®
Public.com logoPublic.com
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info No No info
Charting - After-Hours info No No
Charting - Technical Studies info 0 0
Mobile Trading Apps 3/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When evaluating SoFi Invest® and Public.com, the overall account fees and charges can significantly impact an investor's decision. SoFi Invest® presents a lower entry barrier with a minimum deposit requirement of just $5.00 compared to Public.com's $20.00. Both platforms offer commission-free trading for regular stock trades and options contracts keeping investors' trading fees minimal. However, SoFi Invest® shows higher costs in specific areas, such as margin rates and transfer fees, compared to the more competitive rates offered by Public.com.

Both SoFi Invest® and Public.com maintain a charge of $0.00 for stock trades and options contracts, making them attractive in terms of traditional and digital asset trading. Nonetheless, in terms of margin trading, SoFi Invest® imposes a flat rate of 11.25% for margin balances up to $99,999, while Public.com offers more favorable rates ranging from 6.75% to 8.75%, based on the balance tier. Public.com consistently provides lower fees for account transfers, charging $75.00 for both partial and full transfers, compared with SoFi Invest®'s $100.00.

Additional fees include IRA costs where SoFi Invest® comes with no annual fees but does charge a $20.00 IRA closure fee, a detail unmentioned for Public.com. Notably, SoFi Invest® charges $5.00 each for options exercise and assignment fees, whereas Public.com offers these for free, enhancing its cost-effectiveness for options traders. Each platform's fee structure reveals distinct advantages, emphasizing the importance of investor priorities when selecting the most suitable broker.

Feature SoFi Invest® logoSoFi Invest®
Public.com logoPublic.com
Minimum Deposit $5.00 $20.00
Stock Trades $0.00 $0.00 info
Options (Per Contract) $0.00 $0.00 info
Options Exercise Fee $5.00 $0.00
Options Assignment Fee $5.00 $0.00
IRA Annual Fee $0.00
IRA Closure Fee $20.00
Commissions & Fees 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When it comes to evaluating SoFi Invest® and Public.com for day trading capabilities, both platforms fall short in offering a range of essential features. Neither SoFi Invest® nor Public.com provides streaming time and sales for stocks or streaming live TV, which could limit real-time information flow crucial for day traders. Essential trading tools such as direct market routing, ladder trading, and trading hotkeys for keyboard trade entry are also absent from both platforms, which can negatively impact trading efficiency and speed.

Advanced analytical tools such as level 2 quotes and both basic and advanced strategy backtesting are not available on SoFi Invest® or Public.com. Additionally, investors seeking precise short selling strategies will find neither platform offers a short locator tool to check real-time availability of shares to short by security. Lastly, potential cost-saving opportunities in the form of order liquidity (maker/taker) rebates are also not offered by either service. Overall, both platforms might not fully cater to the nuanced needs of day traders looking for comprehensive trading tools and features.

Feature SoFi Invest® logoSoFi Invest®
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

In comparing the market research capabilities of SoFi Invest® and Public.com, a clear picture emerges of their respective strengths and limitations. While Public.com takes the lead in stock research, offering capabilities for ETFs and Pink Sheets/OTCBB, neither platform provides extensive resources such as mutual fund research, ESG insights, or downloadable PDF reports for stocks or ETFs. SoFi Invest® does offer the ability to see portfolio allocation by asset class, an option not available with Public.com. However, both platforms fall short in providing advanced tools such as social media sentiment analysis, ESG research, and trade idea screeners. Overall, both SoFi Invest® and Public.com receive a modest rating of two out of five stars for market research, with SoFi Invest® ranked last among 18 brokers by StockBrokers.com.

Moving deeper into their features, Public.com stands out with its stock research offerings, giving users the ability to delve into stocks, ETFs, and Pink Sheets/OTCBB markets. This accessibility makes it a preferable option for investors interested in exploring these specific areas. Conversely, SoFi Invest® does not extend its research tools into these segments, focusing instead on providing an overview of portfolio allocation across asset classes. This function can be valuable for investors focused on asset distribution rather than individual stock analysis.

Despite these offerings, both SoFi Invest® and Public.com fall short in several key areas of market research. Neither provides in-depth tools like social media sentiment analysis or ESG research. Additionally, the lack of downloadable PDF reports and trade idea screeners limits the depth of analysis users can conduct. Investors seeking comprehensive research capabilities might find these platforms lacking, indicating room for growth and enhancement in their market research offerings.

Feature SoFi Invest® logoSoFi Invest®
Public.com logoPublic.com
Research - Stocks info No Yes
Screener - Stocks info No No
Research - ETFs info No Yes
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 2/5 Stars 2/5 Stars

Banking

When evaluating the banking capabilities of online brokers SoFi Invest® and Public.com, a clear distinction emerges in favor of SoFi Invest®. SoFi Invest® provides a comprehensive range of financial tools that include checking accounts, savings accounts, debit cards, credit cards, and mortgage loans. In contrast, Public.com currently does not offer any of these banking services, such as checking or savings accounts, debit or credit cards, or mortgage loans. It's worth noting that neither SoFi Invest® nor Public.com offers Certificates of Deposit (CDs). For those seeking a holistic banking solution integrated with their investment platform, SoFi Invest® presents a more robust option compared to Public.com.

Feature SoFi Invest® logoSoFi Invest®
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 No No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that SoFi Invest® is better than Public.com. SoFi Invest® finished with an overall score of 73.7%, while Public.com finished with a score of 72.9%.

SoFi Invest offers a wide range of services, including access to cryptocurrencies, IPOs and automated investing. It is relatively easy to use, and gets high marks for its mobile app. However, its lack of research, as well as its lagging education and trading tools, leave it a step behind industry leaders.

FAQs

Can you trade cryptocurrency with SoFi Invest® or Public.com?

While SoFi Invest® does not offer any crypto trading options, Public.com provides a robust selection with the ability to trade 22 different cryptocurrencies, catering to a wider range of investors interested in the digital asset market.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does SoFi Invest® or Public.com offer IRAs?

When comparing SoFi Invest® to Public.com, SoFi Invest® stands out by offering both traditional and Roth IRA accounts without an annual fee, though a $20.00 closure fee applies, whereas Public.com does not provide IRA accounts at all.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating SoFi Invest® Public.com
Overall 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 3/5 Stars 3/5 Stars
Platforms & Tools 2.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 3/5 Stars 4/5 Stars
Research 2/5 Stars 2/5 Stars
Customer Service 4/5 Stars N/A
Education 4.5/5 Stars 3/5 Stars
Ease Of Use 4.5/5 Stars 4/5 Stars
Winner check_circle
Review SoFi Invest® Review Public.com Review
Broker Screenshots SoFi Invest® 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 SoFi Invest® Public.com
Minimum Deposit $5.00 $20.00
Stock Trades $0.00 $0.00 info
Penny Stock Fees (OTC) info N/A $2.99
Mutual Fund Trade Fee $0 n/a
Options (Per Contract) $0.00 $0.00 info
Futures (Per Contract) $0.00 (Not offered)
Broker Assisted Trade Fee N/A n/a
Margin Rates SoFi Invest® Public.com
Margin Rate Under $25,000 11.25% 8.75%
Margin Rate $25,000 to $49,999.99 11.25% 8.75%
Margin Rate $50,000 to $99,999.99 11.25% 6.75%
Margin Rate $100,000 to $249,999.99 11.25% 6.75%
Margin Rate $250,000 to $499,999.99 11.25% 5.75%
Margin Rate $500,000 to $999,999.99 11.25% 5.75%
Margin Rate Above $1,000,000 11.25% 5.75%
Account Fees SoFi Invest® Public.com
IRA Annual Fee $0.00
IRA Closure Fee $20.00
Account Transfer Out (Partial) info $100.00 $75.00
Account Transfer Out (Full) info $100.00 $75.00
Options Exercise Fee $5.00 $0.00
Options Assignment Fee $5.00 $0.00
Investment Options SoFi Invest® Public.com
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 0 0
Futures Trading info No No
Forex Trading info No No
Crypto Trading info No info Yes
Crypto Trading - Total Coins info 0 22
Mutual Funds (No Load) info 0 0
Mutual Funds (Total) info 6000 0
Bonds (US Treasury) info No Yes
Bonds (Corporate) info No Yes
Bonds (Municipal) info No No
Traditional IRAs info Yes No
Roth IRAs info Yes No
Advisor Services info Yes No
International Countries (Stocks) info 0 0
Order Types SoFi Invest® 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 No Yes
Order Type - Trailing Stop info No No
Order Type - OCO info No No
Order Type - OTO info No No
Order Type - Broker Assisted info No No
Beginners SoFi Invest® 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 No No
Investor Dictionary info Yes Yes
Paper Trading info No No
Videos info No Yes
Webinars info Yes Yes
Webinars (Archived) info Yes Yes
Progress Tracking info No No
Interactive Learning - Quizzes info No No
Stock Trading Apps SoFi Invest® 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 No Yes
Trading - Complex Options info No No
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info No No
Stock App Features SoFi Invest® Public.com
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info No No info
Option Chains Viewable info No Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info No No
Watch Lists - Create & Manage info No No
Watch Lists - Column Customization info No Yes
Stock App Charting SoFi Invest® Public.com
Charting - After-Hours info No No
Charting - Can Turn Horizontally info No No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 0 0
Charting - Study Customizations info No No
Charting - Stock Comparisons info No Yes
Trading Platforms SoFi Invest® Public.com
Active Trading Platform info N/A 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 3 3
Stock Chart Features SoFi Invest® Public.com
Charting - Adjust Trades on Chart info No No
Charting - Indicators / Studies info 0 0
Charting - Drawing Tools info 0 0
Charting - Notes info No No
Charting - Index Overlays info No 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 No No
Charting - Study Customizations info 0 0
Charting - Custom Studies info No No
Day Trading SoFi Invest® 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 SoFi Invest® Public.com
Research - Stocks info No Yes
Research - ETFs info No Yes
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info No Yes
Research - Bonds info No No
Screener - Stocks info No No
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info Yes No info
Stock Research SoFi Invest® Public.com
Stock Research - PDF Reports info 0 0 info
Stock Research - Earnings info No Yes
Stock Research - Insiders info No No
Stock Research - Social info No No
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info No No
ETF Research SoFi Invest® Public.com
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info No Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info No Yes
ETF Fund Facts - Total Holdings info No No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info No No
ETFs - Risk Analysis info No No
ETFs - Ratings info No No
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research SoFi Invest® Public.com
Mutual Funds - Strategy Overview info No No
Mutual Funds - Performance Chart info No No
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No No
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info No No
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading SoFi Invest® Public.com
Option Chains - Basic View info Yes No
Option Chains - Strategy View info No No
Option Chains - Streaming info No No
Option Chains - Total Columns info 0 4
Option Chains - Greeks info 0 5
Option Chains - Quick Analysis info No Yes
Option Analysis - P&L Charts info No Yes
Option Probability Analysis info No No
Option Probability Analysis Adv info No 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 No No
Option Positions - Grouping info No No
Banking SoFi Invest® 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 SoFi Invest® Public.com
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes No
Email Support info No Yes
Live Chat (Prospect Customers) info Yes Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info No No
Overall SoFi Invest® Public.com
Overall 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 3/5 Stars 3/5 Stars
Platforms & Tools 2.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 3/5 Stars 4/5 Stars
Research 2/5 Stars 2/5 Stars
Education 4.5/5 Stars 3/5 Stars
Ease Of Use 4.5/5 Stars 4/5 Stars
Winner check_circle
Review SoFi Invest® Review Public.com Review
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