Platform Comparison

Public vs Tastytrade

Compare Public and Tastytrade on fees, DRIP, fractional shares and research 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.

TT

Tastytrade

4.4

The options-focused platform with low contract fees, excellent education, and DRIP support—ideal for dividend investors using covered call strategies.

Public vs Tastytrade: Fees, Minimums & DRIP Compared

FeaturePublicTastytrade
Our Rating4.4/54.4/5
Trading Commissions$0$0
Account Minimum$0N/A
Fractional Shares$1 minimumYes ($5 min)
DRIPFreeFree
Research ToolsBasicBasic
Best ForTransparency-Focused InvestorsCovered Call Writers

Public vs Tastytrade: Pros and 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)

Tastytrade

Pros

  • + Commission-free stock and ETF trading
  • + Low options pricing: $1 to open, $0 to close (capped at $10/leg)
  • + Fractional shares available for purchases and DRIP
  • + Free dividend reinvestment program
  • + Exceptional options education and content

Cons

  • - Very low 0.01% interest on uninvested cash
  • - No mutual funds, bonds, or forex trading
  • - Higher-than-average margin rates
  • - Steep learning curve for beginners

Which Is Better for Dividend Investors: Public or Tastytrade?

Choose Public if you...

  • Are in Public's core audience: transparency-focused investors
  • Prefer a higher-rated overall platform

Choose Tastytrade if you...

  • Are in Tastytrade's core audience: covered call writers

Want the full breakdown of fees, DRIP, and research tools? Read our Public review and Tastytrade review.

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.