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eToro vs Public 2026: Which Is Better?

eToro and Public are both social, beginner-friendly investing apps, but their strengths diverge around options access, fixed-income features, community tools, and trading workflow.

Updated August 2026 The Option Stack editorial team

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E
eToro
4 / 5
Commission-free stocks, ETFs, and options

eToro is worth considering if you want a simple app, social market discovery, and commission-free options in one account. Serious options traders should still compare it against Tastytrade, Schwab, or Interactive Brokers before committing.

Open eToro Account →Affiliate link
vs
P
Public
4 / 5
Commission-free stocks, ETFs, and stock options with per-contract rebates

Public is worth listing because it is FINRA-regulated, available to U.S. investors, covered by multiple top-tier review sources, and offers real listed options with a cost structure no other mainstream broker matches. I would not rank it above specialized options platforms, but for fee-sensitive beginners who want free options trading and a polished app, it is a credible option.

Open Public Account →Affiliate link

Side-by-Side Comparison

How we review: Our team opens real accounts and tests every platform hands-on. We evaluate on commissions, tools, and execution — never influenced by affiliate relationships. Editorial policy →

FeatureeToroPublic
Our Rating 4 4
CommissionsFreeFree + rebates
Min. Deposit$0$0
Options TradingYesYes
Free to Close OptionsNoNo
Paper Trading
Account TypesIndividualIndividual, Joint, IRA
RegulatedFINRA / SIPCFINRA / SIPC

eToro — Full Review

eToro acquired Gatsby and folded the options product into eToro USA Securities, giving US customers access to listed options alongside stocks and ETFs. The regulatory setup is clearer than its crypto business because securities and options trading are provided by a FINRA- and SEC-registered broker-dealer, but the trading experience remains simpler than dedicated options platforms.

eToro Pros
Commission-free stock, ETF, and options trading for US securities customers
Simple mobile-first interface that is approachable for new investors
Social investing features make it easy to follow market ideas and watchlists
FINRA, SEC, and SIPC coverage for eToro USA Securities accounts
eToro Cons
Options tools are lighter than Tastytrade, thinkorswim, or Interactive Brokers
Brand is still heavily associated with crypto and social trading, which may distract options-focused traders
Advanced order routing, analytics, and multi-leg workflow are limited versus specialist platforms
Open eToro Account →Affiliate link

Public — Full Review

Public Investing launched in 2019, so it clears the seasoning threshold and is no longer a fresh startup. Tier 1 coverage from NerdWallet, Bankrate, and StockBrokers shows a consistent pattern: strong design, unusually attractive options economics, and weaker advanced tooling than the best dedicated trading platforms. That makes Public more of a low-cost beginner-to-intermediate options broker than a destination for heavy strategy traders, but that niche is still meaningful for The Option Stack audience.

Public Pros
$0 stock and ETF options plus a rare rebate program that can pay traders per contract
Clean mobile-first experience that is easy for newer traders to navigate
Access to stocks, ETFs, bonds, crypto, IRAs, and margin in one account
Offers listed stock and index options for U.S. customers
Public Cons
Options tools are still lighter than Tastytrade, thinkorswim, or TradeStation
Important market data and some features sit behind Public Premium
Account-type flexibility is weaker than full-service brokers
Open Public Account →Affiliate link

The Verdict: Which Should You Choose?

Choose eToro if…

Choose eToro if your priority is a globally known social-investing platform with basic options access and a straightforward mobile-first trading experience.

Choose Public if…

Choose Public if you want a cleaner long-term investing app with broader asset discovery, transparent education, and a less trading-heavy feel than eToro.

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