Investing Simple Logo
Menu
Get Started on Robinhood With 1 Free Stock!
Robinhood is offering new users 1 free stock worth between $3 and $225 when you open an account and fund it with any amount of money.
Written by Cari Scribner on April 30, 2021
Category: 
FTC Disclosure

How To Close Your Public Account

Public is a commission-free mobile app-based brokerage platform offering people an easy way to buy and sell shares. Public’s platform is truly made for beginners. It is visually simple to understand. You can look at your account balances, investments and watchlists with the tap of a button. There’s practically no learning curve when it comes to getting acclimated to Public’s mobile platform. You can also take a look at who on your feed owns or watches the stock, as well as earnings data and stats like dividend yield, market cap and volume.

They offer fractional investing, a term also known as micro-investing. This means you can buy small amounts of a stock or ETF without Public setting a minimum.

As an investor, even with just one slice, with Public, the channels are in place for you to engage with other traders to see what’s working for them, and what isn’t.

Public calls this a community of investors, and there is no particular demographic. Some are just starting out, building their portfolio with a few conservative trades. Others may be risk-takers juggling a diverse portfolio. And others could be people actually working in the industry that are considered to be experts.

public long term portfolio

 

You can jump in on a discussion, direct message people, or build a group chat of your own. However you assemble your community, you can follow other traders and watch the financial maneuvers they are making.

This is one of the features that makes Public unique.

In the best of all worlds, your online broker should suit your needs as far as features and usability. However, it may come to a point where you want to move your money to another broker, or you need the cash right away. You may want to think twice about moving your money into a traditional savings bank, where interest rates are low.

How To Close Your Public Account

  • Empty your account. If you have available money in your account, your account can not be canceled until you withdraw all the funds. You must do this before the cancellation process can begin.
  • From there, all you would need to do is let Public know you want to close your account in the app chat box or by email at support@public.com
  • Legislation is in place requiring Public to retain your tax documents and account statements even though your account is inactive. You will still have access to your closed account information.

Conclusion

It is easy to sign up for Public, and just as simple to close your account. You can either use the chat box within the app, or send an email to support@public.com It may be a good plan to give some thought ahead of time about where you are going to transfer that money.

Best Free Stock Promotion

BrokeragePromotionLink
Robinhood Logo1 Free Stock (Up To $225)Download
Webull Logo2 Free Stocks (Up To $1,850)Download
Firstrade trading platform2 Free Stocks (Up To $400)Download
M1 Finance Robo AdvisorGet $30 When You Deposit $1,000Download
Acorns LogoFree $10 BonusDownload
SoFi Robo Advisor1 Free Stock Up To $1,000Download

public featured image
Article written by Cari Scribner
Cari Scribner is a career journalist with 20 year’s experience writing for newspapers and magazines. Now a freelance writer, she is also a published fiction writer with more than 15 short stories in literary mags. She recently completed a novel that is on the desk for consideration at two publishing houses. She lives with her two small dogs, Miloh and Lucy, in Upstate NY.

Latest Posts

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Fundrise
Passively invest in private real estate deals with as little as $500. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
© Copyright 2018 - 2020 Investing Simple LLC. All Rights Reserved. Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Developed by Stallion Cognitive
magnifiermenucross-circlechevron-down-circle
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram
Copy link
Powered by Social Snap