Comparison Plus500 vs Public
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Plus500 vs Public. Which of them: Plus500 or Public a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Plus500 has a commission fee of from 0.45%, and Public has a commission fee of $0. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by Plus500 and Stocks Trading, ETFs Trading are provided by Public. As for platforms, Plus500 offers Web Platform, Android App, iOS App, while Public offers Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. And Public was founded in 2017 in United States, and it is regulated by FINRA. Withdrawal of funds from Plus500 can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of £0. And Public provides the ability to withdraw funds using Bank Wire with a withdrawal fee of -. The withdrawal time for Plus500 is 1-2 working days, and that one for Public is 3-5 business days.
As a result, the rating of Plus500 is 4 stars versus that of Public of 3.4 stars.