Charles Schwab vs Public.com 2026: Which Broker is Better?
In this broker comparison, we delve into the key differences between Charles Schwab and Public.com, two prominent players in the financial services industry. Charles Schwab, with its extensive market offerings and over 50 years of industry experience, appeals to seasoned investors seeking comprehensive research and full banking services, albeit primarily within the US market. In contrast, Public.com, a relatively new entrant, targets tech-savvy investors interested in commission-free trading, social investing, and access to crypto, all via a straightforward mobile app. Understanding these distinctions can help traders determine which platform best aligns with their investment goals and trading style.
Charles Schwab
Public.com
| Charles Schwab | Public.com | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 ✓ | 1:1 |
| Regulation | SEC, CFTC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Mobile |
Charles Schwab is the better choice overall, scoring 3.6/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Charles Schwab offers lower spreads (0 pips).
See full side-by-side comparison belowCharles Schwab vs Public.com: Key Differences
Charles Schwab
WinnerPublic.com
Still deciding between Charles Schwab and Public.com?
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Fees Comparison
Charles Schwab
Public.com
BrokerRank Verdict
Who Should Choose Which?
Charles Schwab
3.6/5
Choose Charles Schwab if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:2)
- More regulatory licences (2)
- More market types (4)
Public.com
3.0/5
Choose Public.com if you want…
Similar strengths to Charles Schwab — compare below.
Also consider
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Both Charles Schwab & Public.com are available in
Frequently Asked Questions
1Is Charles Schwab better than Public.com?
Charles Schwab scores higher overall on our independent rating system. Charles Schwab holds a 3.6/5 rating vs Public.com's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Charles Schwab or Public.com?
Charles Schwab offers spreads from 0 pips, while Public.com starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Charles Schwab vs Public.com?
Charles Schwab requires a minimum deposit of $0. Public.com requires $0.
4Which broker is safer, Charles Schwab or Public.com?
Charles Schwab is regulated by SEC, CFTC, while Public.com holds licences from SEC.
5What trading platforms do Charles Schwab and Public.com support?
Charles Schwab supports Proprietary Web, Proprietary Mobile. Public.com supports Proprietary Mobile.
6Can I use both Charles Schwab and Public.com?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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