WeBull vs Public


Public or WeBull - which is better in 2022? Compare apps investing accounts, online trading fees, stock broker extended hours, and differences.



Webull vs Public Comparison


If you’re considering Webull or Public as your next brokerage firm, read this comparison first:


Cost


Broker Fees Stock/ETF
Commission
Mutual Fund
Commission
Options
Commission
Maintenance
Fee
Annual IRA
Fee
WeBull $0 na $0 per contract $0 $0
Public $0 na na $0 $0


Services


Broker Review Cost Investment Products Trading Tools Customer Service Research Overall Rating
WeBull
Public


Promotions


WeBull: 12 FREE stocks valued $34-$30,600 give-away at Webull.

Public: Get a FREE stock and $0 commission stocks/ETFs/partial shares.



Tradable Assets


Webull customers can trade equities, closed-end funds, exchange-traded funds, crypto-currencies, and options. The stock category includes penny stocks but not over-the-counter investments.

At Public, traders have access to ETFs, closed-end funds, cryptocurrencies, and stocks. The broker doesn’t offer option contracts or penny stocks.

Webull is the outperformer in the opening category.


Funds


Investors who are interested in closed-end funds and ETFs won’t find a great deal of information at either broker.

Webull’s software offers data on a fund’s asset allocation, inception date, fund manager, sector weightings (with a color-coded pie chart), top 10 holdings, Morningstar rating, and NAV history. Despite these data points, the broker offers no fund screener and no fund center.

At Public, the situation isn’t much better. The firm’s mobile app divides investments into themes, which are categories of funds (and stocks) like water utilities and online retailers. It’s easy to scroll through these categories and locate funds. But the fund profiles don’t have much information on them: just a small graph, a few trade stats, news articles, and a fund description.

Webull takes its second category.


Stock Research


Although Webull doesn’t have a fund screener, it does have a stock screener. It is able to look for investments using several criteria, including:

  • Exchange
  • Geographic region
  • Sector
  • Market cap
  • EPS

Webull doesn’t provide stock reports, but it does provide analysts’ trade recommendations. Equity profiles also have price targets, trade data, time & sales information, news articles, press releases, and data (in graphical format) from a company’s financial statements.

Public doesn’t have a stock screener. Instead, Public users sort through the themes mentioned in the previous category. After clicking on a theme, a list of stocks is presented on the app. Each stock has its own profile, which offers very little information.

Another loss for Public.


Trading Software


Webull customers get to use a computer platform. It functions either as a desktop program or as a browser platform. The layout is the same in either situation.


Webull Trading Platform


There are many helpful features on Webull’s software, including an advanced trade ticket and full-screen charting with tools. Another really useful resource on the platform is simulated trading, which is great for newbies. Cryptocurrency rates are shown, although digital currencies aren’t tradable (yet). And we really like the margin info displayed on the platform.

Public only has a website with no login.

Webull takes its fourth victory.


Mobile Apps


Public improves in this category with a mobile app that can be used to submit market, limit, or stop orders. Charting, however, is dreadful with no tools. There is a community feature on the app for a social networking dimension.


Public Investing Review


The Webull app offers very advanced charting. During our exploration, we found a dual-chart feature, a really neat video replay tool of the previous day’s price action, and a few drawing tools.


WeBull Investing


The trade ticket on the Webull app offers take-profit and stop-loss orders in addition to the regular market and limit choices. We also found an OTO option that triggers other orders when one order executes.

Webull again.


Other Services


DRIP service: Public clients can sign up for automatic dividend reinvesting. Webull doesn’t yet offer this convenient service.

IRAs: Webull offers Roth, Traditional, and Rollover IRAs. Public doesn’t have any type of retirement account.

Whole-dollar investing: Public and Webull offer fractional-share trading in both funds and stocks.

Webull wins here.


Our Recommendations


Stock and ETF Trading: Webull has better software and research materials. No contest.

Beginners: Neither broker is ideal here, but Webull has better learning resources. It also has slightly better customer support.

Long-Term Investors and Retirement Savers: Because Webull is the only firm in this contest to offer IRAs, it gets the nod.

Small Accounts: Both broker-dealers have account policies designed for small investors.



Promotions


WeBull: 12 FREE stocks valued $34-$30,600 give-away at Webull.

Public: Get a FREE stock and $0 commission stocks/ETFs/partial shares.




Webull vs Public Judgement


Webull outperformed Public in almost all areas.



About the Author
Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for Brokerage-Review.com, Chad can usually be found managing his portfolio or building a new home computer.