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Is Public.com Legit? An In-Depth Review.

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Is Public.com Legit? An In-Depth Review.

Thinking of investing in Public.com? Not sure if it’s safe? This review will tell you the truth! Understand how to protect your money now.

Quick facts: Is Public.Com Legit

  • ✅Public.com is the largest investment social network with over 2 million users (CNBC)
  • ✅Public.com has raised a total of $65.8M in funding (Crunchbase)
  • ✅Public.com has a 4.5/5-star rating from over 3,000 user reviews on App Store (App Store review)
  • ✅Public.com is a legitimate and trustworthy platform, regulated by the Financial Industry Regulatory Authority (FINRA) (FINRA)
  • ✅Public.com provides educational content and insights to help users make smarter investment decisions (Public.com)

Introduction

Public.com is an investing platform that offers modern, easy-to-use tools. With it, you can save, invest, and build a portfolio. You can invest with minimal risk – buying fractional shares into companies without spending thousands of dollars.

Plus, you can monitor your stocks and portfolio in real-time, and stay informed about the market with educational content. There are no account minimums or trading fees, so it’s accessible to anyone wanting to try investing with low risk and cost.

Let’s check out Public.com and see if it’s legit!

Overview of Public.com

Public.com is a revolutionary stock trading platform. It aims to make investing more diverse, accessible, and fun. It offers zero-fee stock trading and fractional shares of any stock or ETF (Exchange-Traded Fund). Plus, an engaging community with insightful conversations.

Invest in what you believe in with zero transaction fees. Follow stocks and funds to join the conversation about company updates. Public has over 3 million members, making it one of the biggest investing communities. Experienced and new investors alike can access tools to make informed decisions.

If you’re looking for a low fee stock trading platform with a vibrant community of fellow investors, Public is worth considering!

Features

Public.com is a micro-investing platform that offers fractional shares in over 4,000 US companies and ETFs. Ideal for new investors with limited funds, they can invest in various stocks and ETFs without buying full shares.

Public’s chatgroups let members connect or follow influencers and learn more about investing. The “Explore” page of the app has real-time news, stock analysis, personalized recommendations, expert speakers, and educational videos. To top it off, Public.com offers commission-free trading on NYSE and NASDAQ stocks + ETFs at any time.

It’s easy to see why Public is a go-to choice for beginning investors looking for an inexpensive and hassle-free trading platform.

Fees

Public.com offers ultra-low fees and commissions for trading, investing, and depositing money. They don’t charge commission on stock and ETF trades. $0 is required to open a new account or transfer one in. A Public Core membership costs $1 monthly. That fee is waived if you make 3+ trades in a month. ACH bank transfers don’t incur fees up to $50/day with no max limit/month. Withdrawals don’t cost anything if you use ACH bank transfer (1-2 business days). International trades & cryptocurrencies come with additional fees (listed on their website).

Public.com’s low cost structure makes it ideal for new investors who want more out of their money without costly broker commissions or commissions per trade.

Security

Security is a top priority for Care.com. They use 128-bit encryption and 2048-bit public key infrastructure (PKI) to keep users’ data secure. Care.com follows all state and federal laws protecting children from harm. Caregivers must go through an extensive background check before they are allowed on the platform. This includes Social Security number verification, address history checks, sex offender registry screenings, national and county criminal database checks, and reference checks.

These measures provide parents with peace of mind that their children are in trusted hands.

Pros and Cons

Public.com is an investment app that is gaining in popularity. You can buy fractional shares and track them in real-time. Plus, it’s free to use and has some of the lowest fees around. You can also share your investments with friends and compare your portfolios. But before you decide if Public.com is right for you, check out the pros and cons.

Pros include:

  • user-friendly interface – good for beginners and experts;
  • low fees;
  • social features;
  • fractional shares let you make small investments and get more over time.

Cons include:

  • limited investment options;
  • no access to mutual funds or advanced order types;
  • no tax support services;
  • no retirement accounts like Charles Schwab or TD Ameritrade.

Pros

Public.com is a digital investing platform that makes it easy for anyone to begin investing in the stock market. It’s designed to be user-friendly and accessible, perfect for novice investors or those who’ve been scared off by inexperience.

This platform has great features like no account fees, no minimum balance, and the opportunity to track other investors and submit your own portfolio ideas to be judged by others. For those seeking digital investing, with the freedom it provides and without having to worry about high fees or complex tools, Public.com is a great option.

Cons

software cascading is copying data from one system to another. This can be done manually or automatically. It has advantages, such as creating a backup system. But, it can be time-consuming and need special technical skill. Also, changes made in one system may take time to appear in other systems.

Lastly, if data is stored in multiple places without secure protocols, it can open up an organization’s systems to potential data breaches.

User Reviews

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User reviews are key for figuring out if a service, product or company is real. It is essential to know how earlier customers dealt with the business and how they felt regarding the customer service.

At Public.com, user reviews are an important feature. We take customer feedback seriously and are grateful for the time they take to write sincere reviews. Our mission is to give fantastic customer service and customer contentment.

By reading user reviews at Public.com, you can get an idea of how our customer support team is proficient and useful. Plus, you can learn about our big selection of products and services. We think that through reading user reviews, you can get an impartial opinion from people who have already used our services. This will help you make a knowledgeable decision on whether or not Public.com is right for you!

Final Thoughts

Thinking about signing up for Public.com? Our review should help you decide if it’s the right fit. It offers a one-of-a-kind take on stock investing and is great for newbies and pros.

Drawback? Public.com has a bit higher fees than other investment platforms. But, investing in larger amounts of stock can help cover the extra costs. Plus, there are lots of learning options and social components to connect with like-minded investors. So, you get knowledgeable guidance with your decisions.

If your budget isn’t an issue and you want an easy-to-use platform with lots of learning resources, Public.com may be a good choice.

FAQs about: Is Public.Com Legit

Q1: Is public.com a legitimate business?

A1: Yes, public.com is a legitimate business and a registered broker-dealer with the SEC. They offer a range of financial services to their customers.

Q2: Does public.com offer investments?

A2: Yes, public.com offers a range of investment options, including stocks, ETFs, mutual funds, and more.

Q3: Is public.com safe?

A3: Yes, public.com is a safe and secure platform for investing. They are a registered broker-dealer with the SEC, and they use bank-level encryption to protect customer data.