Platform Comparison

Ally Invest vs Public

Detailed side-by-side comparison to help you choose the best platform for dividend investing

AI

Ally Invest

4.4

Seamless banking and investing integration with commission-free trading, excellent DRIP, and one of the largest no-fee mutual fund selections available.

PB

Public

4.4

A transparent, community-focused investing platform that rejects payment for order flow in favor of optional tipping—putting your interests first.

Feature Comparison

FeatureAlly InvestPublic
Our Rating4.4/54.4/5
Trading Commissions$0$0
Account Minimum$0$0
Fractional SharesDRIP only$1 minimum
DRIPFreeFree
Research ToolsBasicBasic
Best ForAlly Bank CustomersTransparency-Focused Investors

Pros & Cons

Ally Invest

Pros

  • + Commission-free trading on stocks and ETFs
  • + Free dividend reinvestment with fractional share support
  • + 9,000+ no-transaction-fee mutual funds
  • + Seamless integration with Ally Bank accounts
  • + Low options pricing at $0.50 per contract

Cons

  • - No direct fractional share purchases (DRIP only)
  • - No cryptocurrency or futures trading
  • - No physical branches for in-person support
  • - Limited educational resources compared to competitors

Public

Pros

  • + No payment for order flow—potentially better trade execution
  • + Commission-free stocks, ETFs, and options trading
  • + Fractional shares starting at just $1
  • + Free dividend reinvestment with fractional share support
  • + High interest rate on uninvested cash

Cons

  • - No mutual funds available
  • - Limited research and screening tools
  • - Extended hours trading costs $2.99 per order (non-Premium)
  • - Penny stocks cost $2.99 per trade (non-Premium)

Which Platform is Right for You?

Choose Ally Invest if you...

  • Want ally bank customers focused features
  • Prefer a higher-rated overall platform

Choose Public if you...

  • Want transparency-focused investors focused features

Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.