Decoding the Best Trading App: A Comparative Analysis of Webull and Public.

Title: Webull vs. Public: Which Investment App Suits You Better?

For modern investors, choosing the right online brokerage or investment app can become a challenge considering the multitude of available options. Today, we’ll be examining two popular options: Webull and Public.com.

Both Webull and Public.com are well-liked platforms among novice and veteran traders alike because of their commission-free trades and no minimum account balance requirements. However, the two differ greatly in how they serve their users.

Right off the bat, one key distinction is that both Webull and Public offer signup bonuses. You can bag up to $300 of free stock on Public when you make your first deposit. Meanwhile, Webull currently gifts new users up to 12 free stocks for trying out their platform.

Let’s delve a bit further into the basics of each platform.

Webull was born in 2017 and has grown to become a preferred trading platform, offering trades on stocks, ETFs, options, and cryptocurrencies. Users love Webull for its rich data and research capabilities. While on the other hand, Public.com, established in late 2019, quickly gained a reputation as a great entry point for new investors. Not only can you trade stocks, funds and crypto through Public, but you also get to interact with a community of investors, making it more than just an investment platform.

The primary difference between the two is this: Webull is data-centric, offering advanced tools for research and analysis — a plus for experienced investors. Public.com, on the other hand, keeps things simple, endorsing a straightforward experience and offering a community where users can connect and learn more about investing.

Both Webull and Public.com offer a range of investments like stocks, ETFs, and around 25 cryptocurrencies via their partnership with Apex Crypto. Public.com expands its offer with alternative investments like NFTs, fine arts, and collectibles. However, Webull does not provide alternative investments. Furthermore, Public.com offers built-in safeguards to notify investors of certain risks, which may be especially beneficial for new investors.

Despite offering similar platforms, there still exist some differences regarding fees, especially related to wire transfers and outgoing stock transfers. We recommend you check their websites for a detailed list.

Public.com is highly recommended for beginners given its supportive community, intuitive user interface and learning tools. While Webull is also beginner-friendly, its advanced reporting and analysis tools make it a better fit for seasoned investors.

When it comes to research and data, Webull’s advanced tools can give more experienced investors a more comprehensive view, while Public.com offers more thematic categorizations of stocks and funds, something new investors may prefer.

When looking at customer service, Webull has the upper hand, offering 24/7 customer assistance, whereas Public.com only offers customer support via email and in-app chat from 9:00 am – 5:00 pm ET Monday through Friday.

Both platforms offer a bonus for signing up, providing new users with an incentive to try out their features.

In conclusion, both Webull and Public.com are fantastic online brokerages, each offering unique advantages. Public.com is particularly suited for beginners with its learning opportunities and user-friendly interface. In contrast, Webull might be a better fit for experienced investors who could benefit from the platform’s advanced research tools. Regardless of your level, both platforms make getting started with investing a breeze.

Before we wrap up, let’s address some common Questions:

Is Webull trustworthy?
Yes, Webull is as secure as any other investment platform, with robust security measures in place.

Is Webull like Robinhood?
They share similarities but differ in the sense that Webull has more advanced tools for research and analysis.

Is Webull good for beginners?
While Webull is safe for novices, for a more beginner-friendly experience, Public.com could be a better option.

Is Webull a Chinese company?
Though the parent company is Chinese, Webull is registered in the US and follows US laws.

Can you use both Webull and Public at the same time?
Yes, you can maintain accounts in both platforms and decide which features suit your preferences.

Ultimately the choice between Webull and Public.com comes down to your personal investing style, resources and goals.