Platform Comparison

Public vs Charles Schwab

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

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.

Higher Rated
CS

Charles Schwab

4.8

A trusted full-service broker with zero commissions, 400+ branches, and powerful thinkorswim trading platform.

Feature Comparison

FeaturePublicCharles Schwab
Our Rating4.4/54.8/5
Trading Commissions$0$0
Account Minimum$0$0
Fractional Shares$1 minimumS&P 500 only
DRIPFreeFree
Research ToolsBasicExcellent
Best ForTransparency-Focused InvestorsBeginners Who Want Support

Pros & Cons

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)

Charles Schwab

Pros

  • + Zero commissions on stocks, ETFs, and options
  • + No account minimums or inactivity fees
  • + 24/7 customer support with knowledgeable representatives
  • + 400+ physical branches for in-person help
  • + Free automatic dividend reinvestment (DRIP)

Cons

  • - Fractional shares limited to S&P 500 stocks with $5 minimum
  • - Mobile app can feel clunky compared to newer brokers like Robinhood
  • - DRIP is not enabled by default—you must turn it on manually
  • - Robo-advisor requires $5,000 minimum to start

Which Platform is Right for You?

Choose Public if you...

  • Want transparency-focused investors focused features

Choose Charles Schwab if you...

  • Want beginners who want support focused features
  • Prefer a higher-rated overall platform

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.