Compare IPO access requirements and offerings from top brokers. Find the right platform for your IPO investing needs.
Fidelity offers access to select IPOs for eligible retail investors with comprehensive research tools and competitive pricing.
Key Features:
Extensive IPO research, Pre-market access
IPO Eligibility:
$100k+ in assets or 36+ trades in last 12 months
IPO access subject to broker's terms. Requirements may vary by offering.
E*TRADE provides IPO access to qualifying customers with established trading relationships. Part of Morgan Stanley.
Key Features:
Morgan Stanley research, Advanced trading tools
IPO Eligibility:
$250k+ in assets or $25k+ with 30+ trades annually
IPO access subject to broker's terms. Requirements may vary by offering.

Charles Schwab offers IPO access through their equity offerings with strong research and customer service. Acquired TD Ameritrade in 2020.
Key Features:
thinkorswim platform, Excellent customer service, Research reports
IPO Eligibility:
$100k+ in assets or active trading relationship
IPO access subject to broker's terms. Requirements may vary by offering.

Robinhood provides IPO access to select users through their IPO Access feature on their commission-free platform.
Key Features:
Commission-free, Mobile-first, Fractional shares
IPO Eligibility:
Account in good standing, varies by IPO
IPO access subject to broker's terms. Requirements may vary by offering.

SoFi offers IPO investing opportunities to eligible members with focus on younger investors and financial wellness.
Key Features:
No account minimums, Financial planning tools
IPO Eligibility:
SoFi Invest account with qualifying activity
IPO access subject to broker's terms. Requirements may vary by offering.

Webull provides IPO access including international offerings with advanced trading tools and lower requirements.
Key Features:
International IPOs, Advanced charting, Pre/after hours
IPO Eligibility:
$2k+ account value or active trading history
IPO access subject to broker's terms. Requirements may vary by offering.

Interactive Brokers provides IPO access to qualified clients with competitive allocations and global market access.
Key Features:
Global markets, Low fees, Professional tools
IPO Eligibility:
$100k+ net worth or professional trading experience
IPO access subject to broker's terms. Requirements may vary by offering.

TradeStation offers IPO access through partnership with ClickIPO, providing retail investors access to 360+ IPOs and secondary offerings.
Key Features:
ClickIPO partnership, Advanced platforms, Research tools
IPO Eligibility:
$500 minimum account balance
IPO access subject to broker's terms. Requirements may vary by offering.

Public provides IPO access through their waitlist system with commission-free trading and options rebates, focusing on social investing and transparency.
Key Features:
Options rebates, Social investing, High-yield cash
IPO Eligibility:
No minimum account balance, join IPO waitlist
IPO access subject to broker's terms. Requirements may vary by offering.
