Yes, there is a maximum order size limit on Public. The maximum order size can vary depending on the type of investment and is subject to change based on market conditions.
How do I know what the maximum order size is for a specific investment?
The maximum order size for investments can be found below. Additionally, the maximum order size can change over time based on market conditions. Our Member Support team is happy to supply you with the most up-to-date information. They can be contacted via in-app chat or email at support@public.com.
Equities and ETFs |
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Limit and Stop Orders | 99,999 shares or $2 million in value |
Whole Share Market Orders | 10,000 shares or $2 million in value |
Fractional Market Orders | $50,000 in value |
Extended Hours Orders | 99,999 shares |
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Crypto |
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All Order Types | $100,000 in value |
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Alts |
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Limit Orders | $100,000 in value |
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OTC |
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Limit and Stop Orders | 99,999 shares or $1 million in value |
Whole Share Market Orders | 99,999 shares or $1 million in value |
Fractional Market Orders (Sell Only) | $50,000 in value |
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Treasuries | No order limit- though if you need to fund a higher amount than daily funding limit, please contact Member Support for assistance |
Options |
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Limit Orders | 1999 contracts or $250,000 in premiums |
Market Orders | 1000 contracts or $25,000 in premiums |
Can I place multiple orders to get around the maximum order size limit?
While it may be possible to place multiple orders to get around the maximum order size limit, we strongly discourage this. Such actions could lead to suspension or termination of your account. Order size limits are in place to protect Public and its members.
Is it possible to request a higher maximum order size limit?
In some cases, it may be possible to request a higher maximum order size limit. Our Member Support team will consider such requests on a case-by-case basis. Please contact our Member Support team to make a request via in-app chat or email at support@public.com.
Are there any risks associated with exceeding my maximum order size?
Yes, there can be risks associated with exceeding your maximum order size on Public. If you attempt to place an order that exceeds your maximum order size, the app may prevent you from submitting the order or your order may be rejected. If you attempt to place multiple orders that exceed your maximum order size within a short period of time, it could lead to account restrictions or termination. It's important to always consider your investment goals and risk tolerance when placing orders on Public.
Can the maximum order size limit change over time?
Yes, the maximum order size limit can change over time based on market conditions and other factors. Public strives to keep our members informed of any changes that may affect their trading strategies.
For further questions or concerns regarding maximum order size limits, please contact the Member Support team via in-app chat or email at support@public.com.
Disclosures:
Brokerage services for US-listed, registered securities are offered by Open to the Public Investing, Inc., member FINRA & SIPC. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Cryptocurrency trading services are offered by Apex Crypto LLC (NMLS ID 1828849), which is licensed to engage in virtual currency business activity by the NYSDFS. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank.
Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value.
See public.com/disclosures for more information.