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Public vs Robinhood
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Public leads
- 3
- Robinhood leads
- 2
- Level
- 4
Of 9 scored facts, Public leads on 3, Robinhood on 2, and 4 are level. Countries and the offer are not scored.
Trade & Sync with QuantWheel
Your tradingabout $0.56 a monthabout $6.68 a yearSEC, assignment and quote fees estimated.
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Sync-only with QuantWheel
Your tradingabout $0.55 a monthabout $6.64 a yearInactivity fee estimated.
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Up to three brokers, with a year of your trading at each
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact | Public | Robinhood |
|---|---|---|
| Fee per contract | $0 per contract | $0 per contract |
| Public, Index options $0.35 plus exchange fees | Robinhood, Index contracts and other fees extra | |
| Exercise and assignment | Not published | $0 |
| Approval | NakedBest | Spreads |
| Public, Up to naked short options | Robinhood, Up to defined-risk spreads | |
| 0DTE | Yes | Yes |
| Index options (SPX) | Yes | Yes |
| Options on futures | Not published | No |
| Spreads in an IRA | No | No |
| Portfolio margin | No | Not published |
| Margin rate | 5.15% | 5.05%Best |
| Platforms | Web, Mobile, APIBest | Web, Mobile |
| Paper trading | Not published | Not published |
| 24/7 support | No | YesBest |
| Countries | US only (SSN, US address; citizen, permanent resident or valid visa) | US only (SSN, US address; citizen, permanent resident or valid visa) |
| QuantWheel | Trade & SyncBest | Sync-only |
| Public, Reads the account and places the orders you approve | Robinhood, Reads the account; you place the orders | |
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.Public$0 per contract · exercise fee not published · naked
Public opens options accounts for residents of the United States only. It charges $0 per contract (Index options $0.35 plus exchange fees). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Web, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Robinhood$0 per contract · $0 exercise and assignment · spreads
Robinhood opens options accounts for residents of the United States, Puerto Rico and the US Virgin Islands, among the 243 countries this directory covers. It charges $0 per contract (Index contracts and other fees extra). Exercise and assignment cost $0. It approves up to defined-risk spreads. It trades on Web, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
Public
about $0.07 a trade, under 0.1% of your premium. SEC, assignment and quote fees estimated.
about $0.56 a monthabout $6.68 a year
Robinhood
about $0.07 a trade, under 0.1% of your premium. Inactivity fee estimated.
about $0.55 a monthabout $6.64 a year
Public does not publish every fee this strategy needs, so no broker is named lowest here.
A year from each broker's published fees. A fee a broker leaves out is estimated at the middle of what the brokers that publish it charge, and that total says about. Your broker statement can differ, and brokers change fees.
Who each suits
Written from the facts on this page. Each feature needs the broker's approval and account rules.Public suits a trader who wants naked options, which its Level 4 allows. Robinhood's highest level is spreads. Robinhood suits a trader who wants chat support around the clock or a custodial account. For 0DTE, Robinhood takes new same-day positions on stock and ETF options until 3:30 pm ET, if enabled. Public lets you open new same-day positions until 3:00 pm ET. QuantWheel sends the orders you approve to Public. With Robinhood, QuantWheel syncs your positions and you place the orders at Robinhood.
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Public vs Robinhood