: Leveraging its Morgan Stanley parentage, E*TRADE often gets allocations for major tech and consumer brand listings. Pre-IPO Platforms (Private Markets)

: Active traders who want advanced charting alongside IPO access.

: Established investors seeking a full-service experience.

: Often requires a significant account balance (e.g., $100,000–$500,000 in household assets) to be eligible for certain high-demand offerings. Webull :

: Generally no account minimum to participate, making it highly accessible. SoFi Invest : Best for : "All-in-one" financial app users.

: Offers retail investors access to select IPOs with no account minimum.

: Regularly offers a list of IPOs that retail users can subscribe to directly within the app. E*TRADE (Morgan Stanley) : Best for : High-profile IPOs.