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Public.com Fees Schedule, Brokerage Account Investing & App Stock Trading Commissions (2023)
Public.com commissions schedule, hidden fees, broker stock trading cost, annual and inactivity charges, and online investing account pricing.
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Fees and Commissions at Public
If you plan on trading securities at Public, you should be aware of what the broker is going to charge you before opening an account. Here are the particulars:
Account Fees
Public charges no fees to open, maintain, or close an account. There are no annual, low-balance, inactivity, or maintenance charges. So far, so good.
Public.com Pricing and Minimum Deposit
| Investments | Commissions |
|---|
| Stocks and ETFs | $0 |
| Options | not offered |
| Mutual funds | not offered |
| Cryptocurrencies | 1% |
| Investments | stocks, closed-end funds, cryptocurrencies, and ETFs |
| Minimum deposit to open account | $0 |
Public.com Promotion
Get a FREE stock and $0 commission stocks/ETFs/partial shares.
Open Public Account
Broker Review
Read detailed review of Public.com account »
Public.com Mutual Funds
Public.com does not offer mutual funds investing at this time.
Public.com Options and Bonds Trading
Public.com does not offer options and bonds trading ability at this time.
Trading Fees
Public charges zero commissions on stocks, ETFs, and closed-end funds. The brokerage firm doesn’t offer trading in mutual funds, options, or fixed-income assets; so we don’t need to worry about those.
Like other $0 brokers, Public passes on exchange and regulatory fees to its clients. For stocks and funds, these will be on the sell-side only. They are:
SEC fee: $2.21 per $100,000 of principal
FINRA fee: $0.000145 per share — capped at $6.49 per trade
Miscellaneous Fees
If you decide to bypass the broker’s mobile app and place a trade with the assistance of a live representative, Public will charge your account $30.
If you need to move cash out of your account, and bypass the mobile app again and submit a wire transfer instead of an ACH, Public charges another $30.
If you use the ACH or wire system to deposit funds into your Public account, and a transaction is returned due to insufficient funds, that’s another $30 fee.
If you want to avoid electronic transfers altogether and have Public send you a check in the mail with overnight delivery, that’s $35.
If you mail in a check and it bounces, pony up $30. If any payment needs to be recalled or stopped for any reason—that will be another $30, thank you very much.
If a digital account statement won’t work for you, and you request a hard-copy version instead, that will set you back $35.
If you transfer an entire account to another brokerage firm, expect to pay a steep $75 for the ACAT service.
Public.com Promotion
Get a FREE stock and $0 commission stocks/ETFs/partial shares.
Open Public Account
Arthur Chachuna is professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 23 years, and has background in both applied math and programming.
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