Platform Comparison

Public vs WellsTrade

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

Higher Rated
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.

WF

WellsTrade

3.8

Wells Fargo's self-directed brokerage for existing customers who want banking and investing under one roof—basic but functional.

Feature Comparison

FeaturePublicWellsTrade
Our Rating4.4/53.8/5
Trading Commissions$0$0
Account Minimum$0$0
Fractional Shares$1 minimumYes (min $10)
DRIPFreeFree
Research ToolsBasicBasic
Best ForTransparency-Focused InvestorsWells Fargo Banking 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)

WellsTrade

Pros

  • + Commission-free online stock and ETF trades
  • + Free dividend reinvestment with per-security selection
  • + Fractional shares through Stock Fractions program (min $10)
  • + Integration with Wells Fargo banking accounts
  • + No management fees for self-directed accounts

Cons

  • - Very basic investing platform with limited tools
  • - High margin rates (8.5%-12.5%)
  • - No pre-market trading available
  • - Limited after-hours trading (mobile only, until 6:30 PM)

Which Platform is Right for You?

Choose Public if you...

  • Want transparency-focused investors focused features
  • Prefer a higher-rated overall platform

Choose WellsTrade if you...

  • Want wells fargo banking customers 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.