More streamlined than SoFi

When you switch to Public from SoFi, you’ll experience a streamlined app that allows you to buy and sell sliced shares, commission-free in real time. All of the features that come with the Public app are in one, convenient location. There are no accounts to sync, services to add or tiered features to limit how you invest. Better yet? Public opens the door to a community-driven investment platform that allows you to freely exchange ideas with fellow investors right inside the app itself.

Investment opportunities for all

Public is a platform that’s designed for all. From the newest investor to the public market expert, we provide a level playing field for investors of all income levels to engage with the market and grow their wealth opportunities. That’s why Public allows everyone to buy slices of shares. It’s called fractional trading, and 2,800+ stocks and ETFs on our platform are eligible for investors to buy in sliced form.

SoFi
Fractional trading
Real-time settling of investments-
Real, registered brokerage
Free service, no subscription-
Invest in U.S. stocks
Invest in U.S. ETFs
Commission-free
Automatic dividend reinvestment-
2.5% interest on uninvested cash-
Monthly interest payouts
See what brands a company owns-
Search stock by brands the company owns-
Discover companies based on themes-
See other people's trades-
Comment on other people's investments-
iOS app
Android app
In-app live chat support-
Phone support

No tiered plans

At Public, all accounts are created equally. We believe all of our members should have the same opportunities to invest, connect, and grow their financial wellbeing. That’s why Public is free of tiered membership plans and plan packages with exclusive features. You’ll never hit a wall in your investment journey that requires you to pay a fee for extra services. All the services you need to make informed investment decisions are already accessible in the Public app.

Public Com Homescreen 1

No account minimums

Put simply, there are no account minimums. All Public accounts are completely free for members to buy sliced shares and own parts of the companies that drive the public markets. You’re free to buy and sell sliced shares of stocks and ETFs at whatever rate works for you. There’s also no minimum required balance for things like earning interest. You can see for yourself by creating an account for Apple or Android at any time.

Follow themes

We think you should have the power to choose the companies you invest in without any barriers. We also think you should be empowered to craft an investment portfolio that reflects your values and areas of interest. No matter what they might be. That’s why we’ve organized companies into curated themes. Our members can browse organized themes like Tech Giants, It’s a Vegetarian World, and American Made. We’ve even got categories for Cannabis, Clean and Green (sustainable businesses), and companies that fight to cure cancer.

Monthly interest payouts

With Public, the uninvested cash that’s in your account is eligible for monthly interest payouts. And you don’t have to opt-in to any additional services to get it. Each month, we’ll deposit interest payments into your Public account for you to use the way that fits your financial needs. You can choose to use your interest payouts to reinvest in sliced shares, transfer to your bank account or leave it alone. It’s up to you.

2.5% interest payouts

The best part of monthly interest payouts? Our competitive interest rates. We’re proud to offer all Public members an annual interest rate of 2.5% on up to $10,000 of uninvested funds. That’s 25 times the national average*. Give your money the best chance to grow. Check out more details about our interest rates on the Disclosures page.

*National average is based on 0.10% from Bankrate.com, as of April 1, 2019.

Automatically reinvest dividends

We are all about letting our investors make their own informed decisions. We’re perfectly fine with you telling us how you want your money to be invested. With our automatic dividend reinvestment feature, you can do just that. If you choose, you can dictate which companies to reinvest your dividends into automatically. Invest all dividends, none or just a bit to increase the value of your portfolio and grow your financial future.

Connect with a community

Public is the first and only social investing app, which means that we have built a transparent community of like-minded investors right in the app. The best part? Access to the community of investors is free for all Public members no matter their investment experience. You can interact with a community of your peers by commenting on their investments, asking questions and sharing ideas. You can even see the investments your fellow investors make in real-time. Of course, if you want to keep your investment activity private, we allow for that, too.

Phone support

Part of what sets Public apart is our dedication to customer service and being fully available for our members. We offer a fully licensed support team that’s available any time to help with anything you might need regarding the Public platform, your account or technical difficulties. It’s important to us that you connect with a real person whenever you reach out to us, which is why we put people before efficiency, metrics or support tickets.

Live chat support

True customer service involves being available in whatever format our members prefer. At Public, we offer in-app chat support with real people who are fully licensed to resolve your questions. We don’t believe that chatbots or support tickets can offer the human connection that’s so important to us. When you reach out via our in-app chat function, you receive the same level of customer service as you would through a phone call or even a face-to-face experience.

Investments backed by SIPC

At Public, all of your investments are important. We want you to feel safe in the knowledge that your money is protected in the instance that something goes wrong. That’s why all investments on Public securities accounts are automatically insured for up to $500,000 by SIPC. We’re proud to be a Securities Investor Protection Corporation member. Learn more at www.sipc.org.

Genevieve Schoepke is a freelance writer with a special focus in business and finance. She’s produced copy for a wide range of clients from CPAs to digital content marketing specialists. Her favorite projects are those that communicate complicated topics in ways that inspire and reveal pathways to success.

The above content is provided is paid for by Public and is for general informational purposes only. It is not intended to constitute investment advice or any other kind of professional advice and should not be relied upon as such. Before taking action based on any such information, we encourage you to consult with the appropriate professionals. We do not endorse any third parties referenced within the article. Market and economic views are subject to change without notice and may be untimely when presented here. Do not infer or assume that any securities, sectors or markets described in this article were or will be profitable. Past performance is no guarantee of future results. There is a possibility of loss. Historical or hypothetical performance results are presented for illustrative purposes only.

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