FTX vs Public.com
| FTX | Public.com |
|---|---|
0.3
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
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2.4
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FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
Public.com is a US broker that offers trading opportunities on stocks, ETFs and cryptocurrencies, with 9000 tradeable instruments and social investing. The company is registered with the SEC and FINRA. Over three million users have joined the active investing community. |
| Comment by Reviewer | |
| "We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." | "Public.com is good for beginner traders and casual investors looking to buy and sell stocks with zero commissions. However seasoned traders may be disappointed by the lack of advanced analysis tools." |
| Pros | |
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| Cons | |
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| Instruments | |
| Cryptos, Futures, Options | Stocks, ETFs, Cryptos |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $1 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | $1 |
| Regulator | |
| SEC, FINRA | |
| Margin Trading | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Public.com offers an interactive copy trading service via its mobile application. The social investing community has millions of members that share ideas, tips and strategies. | |
| Social Trading | |
| No | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Cryptocurrency | |
| FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. | Public.com offers cryptocurrency investment services alongside its traditional features, offering 29 popular tokens. Crypto investing is supported through Bakkt Crypto, a US licensed custodian. |
| Spread | |
| Variable | N/A |
| Coins | |
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| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| Yes | No |
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FTX vs |
Public.com vs |