Public is the only brokerage with an options trading rebate program, helping you minimize your options trading costs compared with other brokerages. Please note that while we strive to provide accurate and up-to-date information, stock prices and other data may fluctuate and should be verified independently. We encourage users to conduct thorough research before making any investment decisions based on the information provided. Withdrawing from your high-yield cash account is as easy as making a deposit.
- Bond ratings, if provided, are third party opinions on the overall bond’s credit worthiness at the time the rating is assigned.
- You can monitor positions, track open orders, and review historical activity, all in real time.
- Withdrawing from your high-yield cash account is as easy as making a deposit.
- Market data is provided solely for informational and/or educational purposes only.
- You can automate your options trading strategies by integrating the API into your trading system.
- You are responsible for establishing and maintaining allocations among assets within your Plan.
None of the fees.
Refer to the Characteristics and Risks of Standardized Options before considering any options transaction. Supporting documentation for any claims, if applicable, will be furnished upon request. Tax considerations with options transactions are unique and investors considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.
ETFs
You must repay your margin debt regardless of the underlying value of the securities you purchased. Public Investing can change its maintenance margin requirements at any time without prior notice. If the equity in your margin account falls below the minimum maintenance requirements, you may be required to deposit additional cash or securities. If you are unable to do so, Public Investing may sell some or all of your securities, without prior approval or notice. You are not entitled to an extension of time on a public vs private accounting margin call.
You assume full responsibility for any trading decisions you make based upon the market data provided, and Public is not liable for any loss caused directly or indirectly by your use of such information. Market data is provided solely for informational and/or educational purposes only. It is not intended as a recommendation and does not represent a solicitation or an offer to buy or sell any particular security. Trading CommissionsCommission-free trading refers to $0 commissions charged on trades of US listed registered securities placed during the U.S.
High-Yield Cash Account3.8% APY*
On Public, you can earn a rebate on every stock and ETF options contract you trade, with higher earnings as you trade more contracts each month. Program your trading with no commissions and rebates on every stock and ETF options contract.Crypto trading API coming soon. The income you generate from a High-Yield Cash Account is taxed at a federal and state level—just like a traditional savings account. Discover the reasons behind every major stock price movement with detailed, AI-generated summaries embedded right on the asset’s performance chart. Now, you can increase your buying power on Public with a base margin rate of just 5.65%.
- For example, options trades include required regulatory fees.
- You can also trade fractional shares and access extended hours trading for equities, up to 16 hours a day.
- High-Yield Cash Account.A High-Yield Cash Account is a secondary brokerage account with Public Investing.
- For more information please see Public Investing’s Margin Disclosure Statement, Margin Agreement, and Fee Schedule.
Investing for those who take it seriously
There are no fees or limits to how often you can access your cash. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank. Jiko AccountsJiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC, provides accounts (“Jiko Accounts”) offering 6-month US Treasury Bills (“T-bills”).
This is not tax or investment advice—consult your tax advisor for personalized advice. Visit see the IRS website for details on Traditional and Roth IRA limits and benefits. High-Yield Cash Account.A High-Yield Cash Account is a secondary brokerage account with Public Investing. Funds in your High-Yield Cash Account are automatically deposited into partner banks (“Partner Banks”), where that cash earns interest and is eligible for FDIC insurance. Your Annual Percentage Yield is variable and may change at the discretion of the Partner Banks or Public Investing. Apex Clearing and Public Investing receive administrative fees for operating this program, which reduce the amount of interest paid on swept cash.
For more details, see Public Advisors’ Form CRS, Form ADV Part 2A, Fee Schedule, and other disclosures. Any historical returns, expected returns, or probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance. Options.Certain requirements must be met in order to trade options. Options can be risky and are not suitable for all investors. Options transactions are often complex, and investors can rapidly lose the entire amount of their investment or more in a short period of time. Investors should consider their investment objectives and risks carefully before investing in options.
AI for investors.
FDIC provides up to $5 million in protection for your High-Yield Cash Account.
Tesla (TSLA) Pre-Market Trading Summary
Information about retirement accounts on Public is for educational purposes only and is not tax or investment advice. Visit the IRS website for more information on the limitations and tax benefits of Traditional and Roth IRAs. Alpha.Alpha is an experiment brought to you by Public Holdings, Inc. (“Public”). Alpha is an AI research tool powered by GPT-4, a generative large language model. Alpha is experimental technology and may give inaccurate or inappropriate responses.
Treasury Accounts.Investment advisory services for Treasury Accounts are provided by Public Advisors LLC (“Public Advisors”), an SEC-registered investment adviser. Brokerage services are provided by Public Investing (see below). Public Advisors and Public Investing are wholly-owned subsidiaries of Public Holdings, Inc. (“Public Holdings”), and both subsidiaries charge a fee for their respective Treasury Account services. Before investing, consider your investment objectives, all fees and expenses, and any potential conflicts of interest.
Please review the documentation to learn more about setting up an API for equities trades. A standard bank offers up to $250,000 of FDIC insurance coverage. We partner with 20 of them so you can get a combined coverage of up to $5M.
For more information please see Public Investing’s Margin Disclosure Statement, Margin Agreement, and Fee Schedule. ETFs & ETPs.Before investing in an ETF, you should read the prospectus carefully, which provides detailed information on the fund’s investment objectives, risks, charges, and expenses and unique risk profile. All investments involve risks, including the loss of principal.
Treasuries
Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. All Alpha output is provided “as is.” Public makes no representations or warranties with respect to the accuracy, completeness, quality, timeliness, or any other characteristic of such output. Please independently evaluate and verify the accuracy of any such output for your own use case.
Bond AccountsA Bond Account is a self-directed brokerage account with Public Investing. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The Bond Account’s yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Such information is time sensitive and subject to change based on market conditions and other factors.