Public.com
Wealthsimple
VS
Higher Rated
Wealthsimple
Capital at risk · T&Cs apply
When comparing Public.com and Wealthsimple, the key difference lies in their geographic focus and platform offerings. Public.com, with its social investing features and alternative asset options, appeals to US-based investors looking for a mobile-centric experience. In contrast, Wealthsimple caters primarily to Canadian investors, offering a more comprehensive web and mobile platform with features like tax-advantaged accounts and robo-advisor services. Both brokers provide commission-free trading on stocks and ETFs, but they each attract distinct trader profiles based on their regional limitations and investment tools.
Public.com
Wealthsimple
| Public.com | Wealthsimple | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.2/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | SEC | SEC |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Wealthsimple is the better choice overall, scoring 3.2/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Public.com offers lower spreads (0 pips).
See full side-by-side comparison belowPublic.com
Wealthsimple
WinnerPublic.com
Wealthsimple
Public.com
3.0/5
Choose Public.com if you want…
Similar strengths to Wealthsimple — compare below.
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
Wealthsimple scores higher overall on our independent rating system. Public.com holds a 3.0/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Public.com offers spreads from 0 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
Public.com requires a minimum deposit of $0. Wealthsimple requires $0.
Public.com is regulated by SEC, while Wealthsimple holds licences from SEC.
Public.com supports Proprietary Mobile. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.