Investing in stock market shares is a complex process and not everyone has the time or resources to learn it. Public offers an easy-to-use mobile app, which is why many beginners like it. Using the platform allows you to make smarter decisions based on your preferences. With the help of other investors and financial experts, you can easily decode the complexities of investing and determine the best next steps. Moreover, Public no longer profits from payments for routing orders on the stock market. It has introduced a tipping feature which makes the app even more attractive to newcomers.
The Public app is suitable for beginners and those looking to invest in stock markets. Its user-friendly interface allows you to follow analysts and influencers and purchase fractional shares. The platform also offers the option to buy a fractional share. This allows you to purchase less than one full share of a particular company. This feature is especially useful for those who are just starting out in the investing world. Nevertheless, it is not suitable for those who want to diversify their portfolios with a full-service brokerage firm.
Public offers free customer support via email or phone, but unfortunately, there are only two brick-and-mortar locations in the US – NYC and Copenhagen. However, the app also offers helpful educational articles and FAQs. Besides, it allows you to search for pre-screened stocks, track your results, and understand company profiles. You can customize your default order type in case you are unfamiliar with a particular stock.
Although the Public app is convenient for newcomers and the most accessible amongst the apps, it also has some shortcomings. The app is very user-friendly and offers a wide range of investment vehicles for people with different levels of experience. It offers a free trial version for all its users. Further, you can fund your account through debit card or other financial institution. Besides, the Public app has social feeds that provide real-time updates on the value of various stocks.
Public offers an individual taxable account for new investors. The app also has an educational feature where members can interact with other users. For example, you can follow comments made by other investors by following the symbol. If you don’t know what you’re doing, you can follow the other members’ activity and see what they’re doing. Another feature of the app is that it provides you with the ability to customize the default order type to meet your needs.
As a social media app, Public allows users to make their portfolio public by publishing it. This way, you can see other users’ portfolios and learn from their experience. Besides this, Public also offers a “free” trial of a stock. Similarly, you can use the public.com app to invest in cryptocurrency. The only disadvantage of this app is that it doesn’t offer a premium membership. This service is free, but you’ll have to pay a fee.
The community is an important part of Public. Its user-friendly interface makes it easy for anyone to use. It also boasts more than one million users, including women and minorities. Despite its user-friendly interface, Public also offers many benefits. For example, it enables you to follow famous people like Will Smith, Shaquille O’Neal, and Angela Yee. You can also view their portfolios.
The Public.com app supports both stock trading and crypto. The app is compatible with most mobile devices and provides automatic reinvestment of dividends. The interface resembles that of Instagram, and it also includes recommendations for articles and educational online events. You can follow these posts and get a better idea of what they’re talking about. You can read other users’ reviews and see what they have to say about the app.
The Public app is a great place to learn more about the stock market and invest in crypto. Unlike other stock market apps, it does not require a high-level of education. As a result, the app’s community is a great resource for people who want to learn more about investing. With this application, you can invest in cryptocurrencies and stocks, and you can also get recommendations. While it doesn’t offer all the features of a broker, it is a good choice for those who want an easy-to-use stock market app.