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#19
#19

Public.com

Social

Free | Public Premium: $10/monthBest for: Transparency-Focused Social Investors

The Review

Public.com is the social investing platform that bet against payment for order flow — and won. When other brokerages were selling their users' order flow to market makers, Public eliminated PFOF entirely and introduced an optional tipping model instead. This earned them trust from investors who care about execution quality.

The platform combines commission-free trading in stocks, ETFs, crypto, treasuries, and alternative assets with a social feed where investors share their portfolios, trades, and analysis. The transparency is the draw: users can see what other investors actually own, not just what they recommend.

Public has expanded into alternative investments — including treasury bills, corporate bonds, and even fine art — making it one of the few platforms where retail investors can build a truly diversified portfolio across traditional and alternative asset classes. The Treasury account offers a competitive yield on cash with government-backed security.

Why It Ranks #19

The only major brokerage that eliminated payment for order flow entirely. The social features, alternative investments, and Treasury account create a differentiated platform built on transparency and trust.

Key Stats

3M+

Users

5+

Asset Classes

$0 (eliminated)

PFOF

Competitive

Treasury Yield

Key Features

Commission-free stocks, ETFs, and crypto
No payment for order flow
Social investing feed with portfolio sharing
Treasury bills and bonds
Alternative investments (art, collectibles)
Public Premium research and insights
Fractional shares
Community-driven stock analysis

Fun Facts

1.Public was the first major brokerage to completely eliminate payment for order flow
2.The platform's social feed was inspired by Twitter — you can follow investors, not just stocks
3.Public's Treasury account lets users buy T-bills directly through the app
4.The company raised at a $1.2 billion valuation in 2021

Frequently Asked Questions

What is Public.com?

Public.com is the social investing platform that bet against payment for order flow — and won. When other brokerages were selling their users' order flow to market makers, Public eliminated PFOF entirely and introduced an optional tipping model instead. This earned them trust from investors who care about execution quality.

How much does Public.com cost?

Public.com pricing: Free | Public Premium: $10/month. It is best for Transparency-Focused Social Investors.

Why is Public.com ranked #19?

The only major brokerage that eliminated payment for order flow entirely. The social features, alternative investments, and Treasury account create a differentiated platform built on transparency and trust.

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