Internet Security

Is Public.com Legit? Uncovering the Truth Behind the Platform

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Have you thought about investing with Public.com? You are not the only one! Low-cost fees and a strong platform have made people ask if it is real. Keep reading to find out the truth about Public.com.

Quick facts: Is Public.Com Legit

  • ✅ Public.com has raised over $65 million in funding from top venture capital firms, including Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital (Crunchbase).
  • ✅ Public.com is one of the fastest growing social investing apps with over 1 million users (Forbes).
  • ✅ Public.com’s community is made up of a wide range of users, including professional traders, beginners, and those just looking to have fun investing (The Motley Fool).
  • ✅ Public.com has an A+ rating with the Better Business Bureau (Better Business Bureau).
  • ✅ Public.com has been featured in popular media outlets, such as The New York Times, Barron’s, and The Wall Street Journal (Public.com).

Introduction

Public.com is a platform for stock traders – and it’s one-of-a-kind. It’s a “social investing” platform, and so, it has gained some attention from traders who might be hesitant about traditional brokers.

But, with any new technology, there are questions. Is Public.com legit? Are its services worth the cost? In this article, we’ll take a look at Public and answer these questions.

Public has been created to bring retail investors into trading stocks and ETFs. It provides features like virtual stock games, discussion boards, and educational content made by experts. Additionally, it allows customers to buy fractional shares in stocks and ETFs using its “Debit Card” feature. This feature gives users direct access to their brokerage account through an app on their phone or tablet. Lastly, Public provides customers with personalized financial advice. It does this by using algorithms that recommend trades based on current market conditions.

What is Public.com?

Public.com is an online investing platform. Sign up free with no account minimums. Enjoy commission-free trading on stocks and ETFs. Plus, educational resources like webinars, tutorials, and quizzes to get newcomers up to speed.

Public.com is safe and regulated by the SEC and FINRA. This means fraud and abuse are not a worry in the U.S. It may not offer all the features of other major brokers, but there’s a wide selection of stocks at competitive prices. Perfect for individual investors looking to build their portfolio with minimal fees.

Overview of the Platform

Public.com is an online investing platform that offers retail investors easy access to public companies. What sets it apart? It has a chart-leading $0 per trade commissions structure. Trading is 100% free on its web platform, mobile app, and API integration.

The platform also provides other services such as fractional shares, advanced portfolio analytics, and automated rebalancing. Plus, it has a “social graph” feature which allows people to follow other traders and get a vibrant investing experience.

Public.com stands out for its impressive suite of trading tools at no charge. It also has an intuitive design and informative blog posts on news impacting markets. This combination of features has likely contributed to the legitimacy of this platform.

Features & Benefits

Public.com is an investment platform with many features and benefits. It has a suite of tools to help users choose wisely and get the most from their investments. The fees depend on the account type, but all accounts have no minimum balance.

Consumers can buy fractional shares and access over 6,000 stocks and ETFs with zero commission fees. Daily news feeds about stocks and reports from financial institutions are available. Plus, rewards points can be earned when referring friends, participating in Public Challenges or joining community discussions. All investments are secured by American Stock Transfer & Trust Company (AST).

Is Public.com Legit?

Does Public.com seem legit? People have been asking this question.

To answer correctly, let’s look at the company and its services. It is a regulated trading platform, registered with the SEC. It has won awards from Forbes, CNBC, and Fortune.

Public.com has many great benefits. No commissions or fees, real-time stock quotes, events for traders, and competitive pricing with no hidden costs.

This makes it one of the most secure and reliable platforms out there.

Security & Regulation

Traveluro is an online investing platform that gives users the chance to invest in a range of investments and portfolios. It is regulated by the Financial Conduct Authority (FCA) in the UK and its services are provided by Public.com Ltd, an FCA-authorised firm in London. This secures users’ funds, with all transactions monitored to guarantee they comply with financial regulations.

Additionally, Traveluro meets global data protection and security standards. All user data is kept secure on servers based in the United Kingdom. Only authorised personnel can access it for legitimate reasons related to the provision of their services. The platform also employs advanced encryption protocols such as SSL/TLS to protect user data from unauthorised access or tampering.

Fees & Commissions

PuppyFind has a standard commission based on the puppy’s price. That commission can range from 5-15%. Plus, there’s a fee for listing puppies. It’s from $25-$50 and you must pay upfront. Buyers have a fee too when they buy a puppy. It’s usually between $4.99-$9.99 no matter the cost of the puppy. No discounts or sales, but there is an affiliate program. You can earn commissions when people sign up through your link or buy from their partners.

All fees are in the Terms & Conditions, so review them before using PuppyFind.

Customer Reviews

Public.com reviews from customers are mostly good. People say it’s simple to use and their delivery times are fast. It’s convenient to order online and get products within a few days. The platform is user-friendly and gives real-time data tracking. Customer support is helpful and there are many payment options. Plus, free shipping for orders over a certain price. Overall, reviews make public.com seem like a great choice for quick, secure online purchases.

Conclusion

Public.com is a top-notch platform for stocks and investing. It offers users the chance to customize portfolios, track investments, join virtual trading and more. It has a wide range of investment products, a user-friendly interface and education resources. So, if you’re searching for a new way to invest your money, Public.com is a great option!

For beginners and experienced investors alike, Public.com is perfect. It has great educational material, low-cost trades, and social support groups. In conclusion, Public.com lives up to its promise of providing access to high-quality investments. Whether you’re just starting out or ready to take your financial journey to the next level, Public.com is the right choice!

FAQs about: Is Public.Com Legit

Q: Is public.com a legitimate business?

A: Yes, public.com is a legitimate financial services company registered with the Securities and Exchange Commission and a member of FINRA/SIPC.

Q: Does public.com provide trading services?

A: Yes, public.com offers commission-free stock and ETF trades, as well as options trading.

Q: Is public.com secure?

A: Yes, public.com is a secure platform and follows the highest industry standards to protect its users’ accounts and personal data.