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WeBull vs Public
Public or WeBull - which is better in 2022? Compare apps investing accounts, online trading
fees, stock broker extended hours, and differences.
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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 |
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WeBull
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$0
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na
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$0 per contract
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$0
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$0
|
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Public
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$0
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na
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na
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$0
|
$0
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Services
| Broker Review |
Cost |
Investment Products |
Trading Tools |
Customer Service |
Research |
Overall Rating |
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WeBull
|
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Public
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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.
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.
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.
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.
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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.
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