Platform Comparison

Public vs TD Ameritrade

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
TD

TD Ameritrade

4.7

The legendary thinkorswim platform lives on under Schwab. All TD Ameritrade accounts have been migrated—new customers should open a Schwab account directly.

Feature Comparison

FeaturePublicTD Ameritrade
Our Rating4.4/54.7/5
Trading Commissions$0N/A
Account Minimum$0N/A
Fractional Shares$1 minimumN/A
DRIPFreeVia Schwab
Research ToolsBasicGood
Best ForTransparency-Focused InvestorsFormer TD Ameritrade Customers

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)

TD Ameritrade

Pros

  • + thinkorswim platform retained and integrated into Schwab
  • + All former TD Ameritrade accounts successfully migrated
  • + Commission-free trading continues under Schwab
  • + 400+ technical analysis tools in thinkorswim
  • + Trading simulator for practice without risk

Cons

  • - TD Ameritrade no longer accepts new accounts
  • - TD Ameritrade API permanently shut down
  • - Some interface changes during Schwab transition
  • - Former TD-only features may differ slightly

Which Platform is Right for You?

Choose Public if you...

  • Want transparency-focused investors focused features

Choose TD Ameritrade if you...

  • Want former td ameritrade customers 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.