Public vs Trade Republic - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

Public vs Trade Republic

Compare Public and Trade Republic side by side: fees, regulation, platforms.

Public

Public

Active investors who want options rebates and API access

Public is a US multi-asset investing platform offering stocks, ETFs, options, bonds, crypto, margin, AI tools…

VS
Trade Republic

Trade Republic

Low-cost ETF and savings plan investors

Trade Republic is a Berlin-based licensed bank and broker offering stocks, ETFs, bonds, crypto and savings pl…

Head-to-head comparison

Public vs Trade Republic
Feature Public Trade Republic
Minimum deposit - -
Stock trading fee $0 for regular market-hours US-listed stocks and ETFs; $2.99 per extended-hours trade; OTC stocks $2.99 per trade EUR 1 external settlement fee per trade
Regulators SEC, FINRA, SIPC, FDIC, NYSDFS BaFin, Deutsche Bundesbank, ECB
Best for Active investors who want options rebates and API access Low-cost ETF and savings plan investors
Markets & account
Stocks
ETFs
Crypto
Bonds
Options
-
Fractional Shares
Investment Plans
Margin
-
Savings Vaults
-

Pros & cons

Public

Public

Pros

  • $0 regular-hours US stock and ETF trades
  • Options rebates of $0.06-$0.18 per stock or ETF contract
  • Margin rates range from 4.90% to 4.25%
  • Public API supports programmatic trading
  • High-Yield Cash Account pays 3.30% APY with no fees
  • Direct indexing starts with as little as $1,000
  • SIPC protection up to $500,000 for cash and securities
  • FDIC protection up to $5 million for High-Yield Cash Account

Cons

  • $2.99 extended-hours stock and ETF trades without Premium
  • OTC stock trades cost $2.99 without Premium
  • Inactivity fee is $3.99 every month
  • Outgoing ACAT transfers cost $100
  • Instant Withdrawals cost up to 3.5%, minimum $1
  • Crypto assets are not FDIC or SIPC insured
  • Fractional shares are not transferable outside Public
  • Premium costs $10 monthly or $96 annually unless waived
Trade Republic

Trade Republic

Pros

  • EUR 1 flat settlement fee per trade with no further commissions
  • ETF and stock savings plans are completely free
  • No account, custody, withdrawal or inactivity fees
  • Full EU banking licence with EUR 100,000 deposit protection
  • Fractional shares from EUR 1
  • Interest on uninvested cash credited monthly
  • Clean, beginner-friendly mobile app
  • Available in 18 European countries

Cons

  • No demo account
  • All orders execute via a single venue (Lang and Schwarz), limiting price competition
  • Crypto trades carry approximately 1% spread on top of the EUR 1 fee
  • No advanced charting or research tools
  • Customer support is email-only with no phone or live chat
  • Portfolio transfer-out costs EUR 25 per security line
  • Not available outside Europe
  • A conversion fee applies to non-EUR security trades
Public

Public

Public is a US multi-asset investing platform offering stocks, ETFs, options, bonds, crypto, margin, AI tools, a trading API and cash products.

Visit Public Read review

Your capital is at risk. Other fees apply.

Trade Republic

Trade Republic

Trade Republic is a Berlin-based licensed bank and broker offering stocks, ETFs, bonds, crypto and savings plans at a flat EUR 1 settlement fee per trade.

Visit Trade Republic Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers