Brokerage Account Review🌱 Best No-PFOF Platform

Public.com

Public Investing

Stock trades $0. Beginner-to-intermediate investors who want a no-PFOF platform with built-in investing context.

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At a Glance

Stock Trades

Options Trades

$0 commission; regulatory fees may apply per contract

Min. Deposit

Research Tools

Intermediate

Fractional Shares

Yes

Crypto Trading

Yes

Rates & Fees

Stock Trades

Options Trades

$0 commission; regulatory fees may apply per contract

Min. Deposit

Account/Inactivity Fee

None

Full Transfer-Out Fee

$75 for a full account transfer

Key Features

Displays each stock's dividend yield and company context alongside prices

Treasury accounts with competitive yields available alongside the brokerage account

States it does not accept payment for order flow (PFOF), per company disclosures

Margin trading available with tiered rates from 3.95% to 4.90% depending on balance

Pros & Cons

Pros

Order-routing philosophy avoids payment for order flow, per Public's disclosures
Clean UI blending investing with financial content
Fractional shares and easy access to Treasury bills

Tradeoffs

Newer platform with a smaller research library than legacy brokers
Options trading is more limited than dedicated options platforms

Best for: Beginner-to-intermediate investors who want a no-PFOF platform with built-in investing context

How to Apply

Decide which account type fits your goal — Public Investing offers Individual, Joint, Roth IRA, and more.

Have your Social Security number, employment information, and a funding source (bank account or transfer) ready.

Open the account directly on Public Investing's site or app; identity verification is required by federal law for all brokerages.

Fund the account with any amount — this broker has no minimum deposit requirement.

Review commission schedules and any account fees before placing your first trade.

How It Compares

Current product highlighted

Product	Stock Trades	Options Trades	Min. Deposit
Public.com	$0	$0 commission; regulatory fees may apply per contract	$0
Fidelity Investments	$0	$0.65/contract	$0
Charles Schwab	$0	$0.65/contract	$0
E*TRADE	$0	$0.65/contract ($0.50 for 30+ trades/qtr)	$0

Frequently Asked Questions

Does Public Investing charge fees to trade stocks?

Public Investing's stock trade commission is "$0." Options trades are priced at $0 commission; regulatory fees may apply per contract, and other fees (like broker-assisted trades or account transfers) can still apply.

What's the minimum deposit for Public Investing?

Public Investing doesn't require a minimum deposit to open an account, so you can start with any amount.

Can I trade fractional shares and crypto with Public Investing?

Public Investing supports fractional shares, and does offer direct crypto trading.

Are there any ongoing or account-closing fees with Public Investing?

Account/inactivity fee: None. Fee to transfer your full account to another broker: $75 for a full account transfer. Transfer-out fees are common industry-wide and are charged by the broker you're leaving, not the one you're moving to.

How does Public Investing compare to other brokerages?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of brokerage accounts to compare commissions, minimums, and platform features.

Other Brokerage Accounts

Fidelity Investments

Stock trades: $0

Charles Schwab

Stock trades: $0

E*TRADE

Stock trades: $0

Fees and features shown are illustrative as of 2026 and subject to change — always confirm current terms directly with the broker before opening an account.

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