👉 Public.com, the stock and crypto investing app, is not available in Canada. Canadians cannot open an account or download the app because it's only available to U.S. citizens and U.S. residents who are Visa and Green Card Holders.
Here is the official page if you want to check your eligibility.
Who Is Eligible?
Currently, Public.com is only available in the USA. You must meet the following requirements:
When Is Public.com Coming To Canada?
Public has not disclosed any information on when it will expand to Canada. According to its website, they hope to expand to other countries, but no news or plans have been announced.
What Is Public.com?
Public was founded in 2017 and has become pretty famous in the USA, hitting over 1 million users. They offer stocks, ETFs, cryptocurrency, alternative assets, and an investment social network. It also has low to no fees with zero commission trading and a $0 minimum investment.
The company has raised $300 million and is backed by the likes of Will Smith, Casey Neistat, Tony Hawk, Sean 'Diddy' Combs, and other famous figures.
Public.com's Best Features
Best Public.com Alternatives
Since Public.com is not up North, we have to find other options. Luckily, Canadians have several alternatives to choose from which we'll explore below.
1. Blossom: Canada's Social Investing App
Blossom is the first social investing app for Canadians where you can see what your friends, celebrities, and top investors are holding in their portfolios. The app is still new, so there is no stock trading, but it's on the way. Right now, it has a social feed, learn and earn program, and verified portfolios.
2. Wealthsimple: Best All-In-One Investing App
With over 2.5 million clients, Wealthsimple is Canada's most popular all-in-one investing platform. Trade thousands of stocks and ETFs in Canada and the USA, as well as cryptocurrencies, fractional shares, and more. Plus, it's commission free and low cost (for the most part). Crypto and U.S. stocks can have higher fees so check out the other choices below.
3. Newton: Best Overall Crypto Exchange
For your cryptocurrency needs, Newton lets you trade 75+ tokens at low cost and it's trusted by 500,000 Canadians. Out of 20+ platforms, we ranked it as the best cryptocurrency exchange and fiat on-ramp for Canadians. It has low fees (hidden fees included), free Interac e-Transfers, and cheaper crypto transfers than competing platforms.
Other Investing Apps
Whether you're looking for alternative assets, crowdfunded real estate or more popular brokers, you might want to check out these choices as well:
🇨🇦 What Are The Best Public.com Alternatives In Canada?
Wealthsimple is the best all-in-one investing app for Canadians. It has stocks, ETFs, fractional shares, crypto, robo-adivsors, and more. However, the best crypto exchanges with low fees and lots of altcoins are Newton and NDAX (see Newton vs. NDAX here).
🌐 What Countries Is Public.com Available In?
Public is available exclusively in the USA. The company mentions that they hope to expand to other countries, but no news or plans have been announced.