Charles Schwab vs Public.com 2025
In this head to head comparison of Charles Schwab 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 Charles Schwab vs Public.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When weighing Charles Schwab against Public.com, Charles Schwab shines in its expansive range of investment options, boasting a 5-star rating for its investment variety compared to Public.com's 3.5 stars. Ranked #2 out of 14 brokers by StockBrokers.com for its impressive range of offerings, Schwab provides access to stock, margin, and options trading, along with mutual funds, forex, futures, and traditional retirement accounts like Traditional and Roth IRAs. In contrast, Public.com notches a #13 spot, offering stock, margin, and options trading, alongside the unique feature of crypto trading with 22 available coins, but lacks in mutual funds and retirement-focused accounts.
Both brokers facilitate stock and margin trading and offer fractional share trading to accommodate investors of varying capital levels. However, if exploring over-the-counter (OTC) stocks and mutual funds is a priority, Charles Schwab rises to the occasion, offering both. Conversely, Public.com stands out for crypto enthusiasts with a selection of 22 coins, a domain where Charles Schwab does not participate. For those seeking forex and futures trading, Charles Schwab provides opportunities absent at Public.com, steering it as the better choice for comprehensive market engagement.
Further tipping the scales, Charles Schwab supports investors looking for traditional and Roth IRA accounts and advisor services, making it a reliable partner for long-term financial planning. Public.com, while lacking these retirement and advisory options, appeals to investors interested in a streamlined, digital-first approach, particularly those willing to engage with cryptocurrency. Ultimately, if diversity in investment avenues and comprehensive account options are key to your investment strategy, Charles Schwab's offerings are noteworthy compared to Public.com’s more niche-focused approach.
Feature |
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Stock Trading | Yes | Yes |
Account Feature - Margin Trading | Yes | Yes |
Fractional Shares (Stocks) | Yes | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | 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: A Beginner-Friendly Guide to an Advanced Market
When comparing trading platforms and tools, Charles Schwab emerges as the clear leader, offering a comprehensive suite of features and receiving a five-star rating for its trading platforms from StockBrokers.com. Meanwhile, Public.com lags significantly behind with a two-star rating, ranking 14th out of 14 brokers for its offerings. Schwab provides a wide array of advanced tools, including desktop platforms for Windows and Mac, along with an impressive 374 technical indicators for charting. In contrast, Public.com offers a more basic experience, lacking desktop platforms and advanced charting tools and customization options.
Charles Schwab's trading platform is available as a downloadable application for both Windows and Mac users, as well as through a browser-based interface. In terms of charting, traders with Schwab benefit from the ability to use numerous drawing tools, display historical trades, corporate events, and create custom studies. Additionally, Schwab provides paper trading and a trading journal, which are absent in Public.com's offerings. The standout features like the capacity to adjust open orders directly on stock charts and an extensive watch list with 580 columns speak volumes about Schwab's capabilities.
In contrast, Public.com offers a more simplified, browser-based platform that serves basic needs but falls short on more sophisticated trading tools. It lacks many advanced features such as paper trading, a trading journal, and the ability to add notes to charts. The pared-down offering of three watch list columns and no technical indicators or drawing tools limits the customization available for traders. While Public.com caters to those seeking a minimalistic approach, Charles Schwab's extensive features cater to traders looking for comprehensive analytical tools for enhanced trading strategies.
Feature |
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|
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | No |
Desktop Platform (Mac) | Yes | No |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 580 | 3 |
Charting - Indicators / Studies | 374 | 0 |
Charting - Drawing Tools | 24 | 0 |
Platforms & Tools |
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Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
Charles Schwab and Public.com are two popular online platforms offering educational resources to help beginner investors. While both provide educational material on stocks, ETFs, and options, Charles Schwab extends its offerings into mutual funds and bonds, giving investors a wider range of topics to explore. Schwab also integrates paper trading, allowing users to practice and hone their skills without financial risk. Beyond reading materials, both platforms incorporate videos and webinars into their educational tools, but Schwab further stands out by offering quizzes for interactive learning and features to track learning progress. Schwab’s extensive education platform has earned it a 5-star rating and the top ranking out of 14 brokers by StockBrokers.com. In contrast, Public.com, which offers a simpler educational package, receives a 3.5-star rating, ranking 11th in the same report.
For beginner investors focusing on comprehensive learning, Charles Schwab surpasses Public.com with its broad array of topics, learning tools, and interactive features. Besides stock, ETF, and options education available on both platforms, Schwab uniquely offers materials on mutual funds and bonds. Notably, Public.com lacks an option for paper trading and quizzes, and it doesn’t track users’ educational progress, which can be crucial for those seeking thorough guidance. Therefore, for individuals aiming for an inclusive and engaging learning experience, Charles Schwab’s top-tier education service provides an unmatched foundation for gaining investing knowledge and skills.
Feature |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | No |
Education (Fixed Income) | Yes | No |
Paper Trading | Yes | No |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When comparing stock trading apps, Charles Schwab clearly stands out with a top-rated 5-star experience, ranked #1 by StockBrokers.com, while Public.com follows with a respectable but lower 3.5-star rating, placing it at the 14th spot. Both apps are available on iPhone and Android, though Schwab extends its functionality to the Apple Watch, which is not supported by Public.com. For mobile after-hours stock trading, while Schwab offers this service, Public.com's capabilities are not clear.
Charles Schwab offers a more dynamic trading environment with features like streaming quotes, live TV, on-demand videos, stock alerts, and the ability to create and customize watch lists. In contrast, Public.com lacks these features, which might limit the trading experience for some investors. Both platforms support options trading and allow users to customize watch list columns, but Schwab far surpasses Public.com with its robust charting capabilities, offering 373 technical studies compared to none by Public.com. Both apps, however, provide the ability to view charts in multiple time frames and display stock comparisons, although only Schwab supports landscape chart viewing.
For traders focusing on detailed analytics and broader market engagement, Charles Schwab provides a comprehensive suite of tools and resources. Public.com, while simpler and potentially more intuitive for beginners, might not satisfy those in search of an in-depth trading platform. Charles Schwab's extensive offerings and high user ratings make it the preferred choice for both seasoned traders and newcomers seeking a well-rounded mobile trading experience.
Feature |
|
|
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | No | No |
Charting - Technical Studies | 373 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When comparing Charles Schwab and Public.com, each online broker presents its own unique advantages based on account fees and charges, making them suitable for different types of investors. Charles Schwab stands out with its $0.00 minimum deposit requirement, attracting beginners with limited starting capital. On the other hand, Public.com offers commission-free options contracts, which could be highly beneficial for investors interested in trading options without incurring additional costs.
In terms of account-specific fees, Charles Schwab charges $0.65 per options contract, while Public.com allows options trading without any fees, making it more appealing for options traders. However, Public.com has a higher minimum deposit of $20.00, which may be a consideration for those just starting their investment journey. Regarding margin loan rates, Public.com generally offers lower rates compared to Charles Schwab, particularly for balances below $100,000, where Public.com's rates range from 6.75% to 8.75%, while Charles Schwab's rates are notably higher.
Examining additional fees, both platforms offer free regular stock trades and charge no fees for IRA accounts annually, but their policies differ when it comes to account transfers and IRA closures. Charles Schwab appeals to IRA investors with no closure fees, whereas Public.com imposes a $150 fee. For account transfers, both partial and full, Public.com has a higher charge of $100, contrasting with Schwab's $0.00 for partial transfers and $50 for full transfers. Taking these factors into account can help investors select the broker that best aligns with their financial strategies and investment goals.
Feature |
|
|
---|---|---|
Minimum Deposit | $0.00 | $20.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.00 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $150.00 |
Dive deeper: Best Free Trading Platforms for 2025
When comparing Charles Schwab and Public.com for day trading, Charles Schwab stands out with a comprehensive suite of features that cater to active traders. Schwab offers streaming time and sales for stocks, streaming live TV, direct market routing, and ladder trading, all crucial tools for serious day traders. Additionally, users can benefit from trading hotkeys for quick keyboard entry and access to level 2 quotes, which provide deeper insights into stock prices. Charles Schwab also supports both basic and advanced strategy backtesting, allowing traders to simulate strategies against historical data for more informed decision-making. The inclusion of a short locator tool offers real-time availability of shares for short-selling, enhancing the platform's appeal for those involved in more complex trading tactics. However, it's noteworthy that neither platform offers order liquidity rebates.
In contrast, Public.com provides a more simplified offering that might appeal to casual investors rather than those needing sophisticated trading tools. The absence of features like streaming time and sales, live TV, direct market routing, ladder trading, and trading hotkeys means that Public.com might not serve the needs of traders seeking immediate and precise trading execution. For those who prioritize access to level 2 quotes or want to test their trading strategies through backtesting, Public.com may not be ideal. Furthermore, without a short locator tool, traders who utilize short-selling strategies may find themselves at a disadvantage. Thus, for day traders requiring a variety of advanced features to maximize their trading efficiency and insights, Charles Schwab emerges as a more equipped choice compared to Public.com.
Feature |
|
|
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Streaming Time & Sales | Yes | No |
Streaming TV | Yes | No |
Direct Market Routing - Equities | Yes | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | Yes | No |
Trade Ideas - Backtesting Adv | Yes | No |
Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
When it comes to market research capabilities, Charles Schwab clearly takes the lead over Public.com. Offering a comprehensive suite of tools and resources, Schwab excels with detailed reports and analysis across a range of investment types, from stocks and ETFs to mutual funds and bonds. In contrast, Public.com's market research services are limited, lacking in several key areas such as mutual funds and bonds research, as well as downloadable PDF reports.
Charles Schwab provides a significantly broader scope in research offerings, supporting investors with tools such as stock and ETF screeners, access to downloadable reports, insights into portfolio allocation by asset class, and social media sentiment data. Furthermore, Schwab offers Environmental, Social, and Governance (ESG) research that appeals to socially conscious investors. Conversely, Public.com does not extend beyond basic stock and ETF research, lacking these advanced features which limits the depth of analysis available to investors.
In terms of ratings and rankings, Charles Schwab shines with a perfect 5-star rating for market research from satisfied users and ranks #1 out of 14 brokers on StockBrokers.com. Public.com, however, falls short with a 2-star rating and places at a lower rank of #12. Schwab's impressive market research capabilities offer a strong value proposition for those seeking a well-rounded and insightful investment experience.
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 - Fixed Income | Yes | No |
Screener - Fixed Income | Yes | No |
Research |
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|
When comparing the banking capabilities of online brokers Charles Schwab and Public.com, Schwab provides a much broader range of services. Charles Schwab offers checking and savings accounts, catering to those looking for traditional banking options alongside investing. Additionally, Schwab supplies customers with debit and credit cards, adding more convenience for everyday transactions. Moreover, Schwab includes mortgage loans and certificate of deposits (CDs) in their offerings, giving users an opportunity to diversify their financial strategy. In contrast, Public.com focuses solely on investment services and doesn't offer banking features like checking or savings accounts, debit or credit cards, mortgage loans, or CDs. Therefore, for users seeking comprehensive banking and investment services from one platform, Charles Schwab presents a more complete solution, while Public.com remains a choice for investment-only purposes.
Feature |
|
|
---|---|---|
Checking Accounts | Yes | No |
Savings Accounts | Yes | No |
Debit Cards | Yes | No |
Credit Cards | Yes | No |
Mortgage Loans | Yes | No |
Brokerage CDs | Yes | No |
Dive deeper: Best Brokerage Checking Accounts for 2025
After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that Charles Schwab is better than Public.com. Charles Schwab finished with an overall score of 99.2%, while Public.com finished with a score of 69.6%.
With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking research and commentary and a client experience to fit any preference.
In the realm of crypto trading, Public.com stands out by offering 22 different coins, while Charles Schwab does not provide any crypto trading options.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
When comparing Charles Schwab to Public.com, Charles Schwab stands out by offering both traditional and Roth IRA accounts with no annual fees or closure fees, while Public.com does not offer IRA accounts and charges a $150 fee for account closure.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Charles Schwab | Public.com | |
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Platforms & Tools |
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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 | Charles Schwab Review | Public.com Review |
Broker Screenshots | Charles Schwab | Public.com | |
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Broker Gallery (click to expand) |
Trading Fees | Charles Schwab | Public.com | |
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Minimum Deposit | $0.00 | $20.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $6.95 | $2.99 | |
Mutual Fund Trade Fee | Varies | n/a | |
Options (Per Contract) | $0.65 | $0.00 | |
Futures (Per Contract) | $2.25 | (Not offered) | |
Broker Assisted Trade Fee | $25 | n/a |
Margin Rates | Charles Schwab | Public.com | |
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Margin Rate Under $25,000 | 13.575% | 8.75% | |
Margin Rate $25,000 to $49,999.99 | 13.075% | 8.75% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 6.75% | |
Margin Rate $100,000 to $249,999.99 | 12.075% | 6.75% | |
Margin Rate $250,000 to $499,999.99 | 11.825% | 5.75% | |
Margin Rate $500,000 to $999,999.99 | Varies | 5.75% | |
Margin Rate Above $1,000,000 | Varies | 5.75% |
Account Fees | Charles Schwab | Public.com | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $150.00 | |
Account Transfer Out (Partial) | $0.00 | $100.00 | |
Account Transfer Out (Full) | $50.00 | $100.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Charles Schwab | Public.com | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Account Feature - Margin Trading | Yes | Yes | |
Fractional Shares (Stocks) | Yes | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 0 | |
Futures Trading | Yes | No | |
Forex Trading | Yes | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 22 | |
Fixed Income (Treasurys) | Yes | Yes | |
Fixed Income (Corporate Bonds) | Yes | Yes | |
Fixed Income (Municipal Bonds) | Yes | No | |
Traditional IRAs | Yes | No | |
Roth IRAs | Yes | No | |
Advisor Services | Yes | No | |
International Countries (Stocks) | 12 | 0 |
Order Types | Charles Schwab | 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 | Charles Schwab | Public.com | |
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Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | No | |
Education (Fixed Income) | Yes | No | |
Education (Retirement) | Yes | Yes | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Charles Schwab | Public.com | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | 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 | Charles Schwab | Public.com | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | No | |
Videos on Demand | Yes | 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 | Charles Schwab | Public.com | |
---|---|---|---|
Charting - After-Hours | No | No | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 373 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | Yes |
Trading Platforms | Charles Schwab | Public.com | |
---|---|---|---|
Active Trading Platform | thinkorswim | n/a | |
Desktop Trading Platform | Yes | No | |
Desktop Platform (Mac) | Yes | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | Yes | No | |
Watch Lists - Total Fields | 580 | 3 |
Stock Chart Features | Charles Schwab | Public.com | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | No | |
Charting - Indicators / Studies | 374 | 0 | |
Charting - Drawing Tools | 24 | 0 | |
Charting - Notes | Yes | No | |
Charting - Historical Trades | Yes | No | |
Charting - Corporate Events | Yes | No | |
Charting - Custom Date Range | Yes | No | |
Charting - Custom Time Bars | Yes | No | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | No | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 35 | 0 | |
Charting - Custom Studies | Yes | No |
Day Trading | Charles Schwab | Public.com | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | Yes | No | |
Direct Market Routing - Equities | Yes | No | |
Ladder Trading | Yes | No | |
Trade Hot Keys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | Yes | No | |
Trade Ideas - Backtesting Adv | Yes | No | |
Short Locator | Yes | No | |
Order Liquidity Rebates | No | No |
Research Overview | Charles Schwab | Public.com | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Fixed Income | Yes | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Fixed Income | Yes | No | |
Portfolio Asset Allocation | Yes | No |
Stock Research | Charles Schwab | Public.com | |
---|---|---|---|
Stock Research - PDF Reports | 7 | 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 | Charles Schwab | Public.com | |
---|---|---|---|
ETFs - Investment Objective | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Total 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 | Charles Schwab | Public.com | |
---|---|---|---|
Mutual Funds - Investment Objective | 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 | Charles Schwab | Public.com | |
---|---|---|---|
Option Chains - Total Greeks | 5 | 5 | |
Option Analysis - P&L Charts | Yes | Yes |
Banking | Charles Schwab | Public.com | |
---|---|---|---|
Bank (Member FDIC) | Yes | No | |
Checking Accounts | Yes | No | |
Savings Accounts | Yes | No | |
Credit Cards | Yes | No | |
Debit Cards | Yes | No | |
Mortgage Loans | Yes | No |
Customer Service | Charles Schwab | Public.com | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | No | |
Phone Support (Current Customers) | Yes | No | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | No |
Overall | Charles Schwab | Public.com | |
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Overall |
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Range of Investments |
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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 | Charles Schwab Review | Public.com Review |