PEINVEST
Platform Rankings
Top Investment Platforms
Compare pre-IPO and secondary market platforms by editorial rating, fees, and minimum investment. Find the right platform to buy and sell private company shares.
How we rate platformsPlatforms Ranked
16
Avg Rating
3.8/5.0
Lowest Minimum
$5K
Categories
4
| Rank | Platform | Rating | Min Investment | Buyer Fee | Category | Notable Companies |
|---|---|---|---|---|---|---|
| 1 |  Forge Global San Francisco, CA | 4.5/5 | $100K | Free | Pre-IPO & Venture Secondary | SpaceXStripeDatabricks+2 |
| 2 |  Hiive Vancouver, BC, Canada | 4.4/5 | $25K | Free | Pre-IPO & Venture Secondary | SpaceXStripeOpenAI+2 |
| 3 |  EquityZen New York, NY | 4.3/5 | $10K | Free | Pre-IPO & Venture Secondary | SpaceXStripeDatabricks+2 |
| 4 |  CAIS New York, NY | 4.3/5 | $50K | — | LP Secondary / Fund Stakes | |
| 5 |  Moonfare Berlin, Germany | 4.2/5 | $50K | — | LP Secondary / Fund Stakes | Lexington PartnersKKREQT+1 |
| 6 |  Securitize Miami, FL | 4.1/5 | $5K | — | Blockchain & Alternative Rails | |
| 7 |  CartaX San Francisco, CA | 4.0/5 | $25K | — | Pre-IPO & Venture Secondary | |
| 8 |  UpMarket New York, NY | 4.0/5 | $15K | — | Pre-IPO & Venture Secondary | OpenAISpaceXAnthropic+3 |
| 9 |  Secfi San Francisco, CA | 3.9/5 | $10K | — | Adjacent Services | |
| 10 |  Equitybee New York, NY | 3.8/5 | $10K | — | Adjacent Services | |
| 11 |  Collective Liquidity San Francisco, CA | 3.6/5 | $500K | — | Adjacent Services | |
| 12 |  InvestX Capital Vancouver, BC, Canada | 3.5/5 | $50K | — | Pre-IPO & Venture Secondary | |
| 13 |  Sandhill Markets Palo Alto, CA | 3.4/5 | $10K | — | Pre-IPO & Venture Secondary | |
| 14 |  tZERO Salt Lake City, UT | 3.3/5 | $5K | — | Blockchain & Alternative Rails | |
| 15 |  Augment USA | 3.2/5 | $25K | — | Pre-IPO & Venture Secondary | |
| 16 |  Floww London, UK | 3.0/5 | $25K | — | Blockchain & Alternative Rails |
1
Forge Global
Pre-IPO & Venture Secondary4.5/5
Min Investment
$100K
Buyer Fee
Free
SpaceXStripeDatabricks
2
Hiive
Pre-IPO & Venture Secondary4.4/5
Min Investment
$25K
Buyer Fee
Free
SpaceXStripeOpenAI
3
EquityZen
Pre-IPO & Venture Secondary4.3/5
Min Investment
$10K
Buyer Fee
Free
SpaceXStripeDatabricks
4
CAIS
LP Secondary / Fund Stakes4.3/5
Min Investment
$50K
Buyer Fee
—
5
Moonfare
LP Secondary / Fund Stakes4.2/5
Min Investment
$50K
Buyer Fee
—
Lexington PartnersKKREQT
6
Securitize
Blockchain & Alternative Rails4.1/5
Min Investment
$5K
Buyer Fee
—
7
CartaX
Pre-IPO & Venture Secondary4.0/5
Min Investment
$25K
Buyer Fee
—
8
UpMarket
Pre-IPO & Venture Secondary4.0/5
Min Investment
$15K
Buyer Fee
—
OpenAISpaceXAnthropic
9
Secfi
Adjacent Services3.9/5
Min Investment
$10K
Buyer Fee
—
10
Equitybee
Adjacent Services3.8/5
Min Investment
$10K
Buyer Fee
—
11
Collective Liquidity
Adjacent Services3.6/5
Min Investment
$500K
Buyer Fee
—
12
InvestX Capital
Pre-IPO & Venture Secondary3.5/5
Min Investment
$50K
Buyer Fee
—
13
Sandhill Markets
Pre-IPO & Venture Secondary3.4/5
Min Investment
$10K
Buyer Fee
—
14
tZERO
Blockchain & Alternative Rails3.3/5
Min Investment
$5K
Buyer Fee
—
15
Augment
Pre-IPO & Venture Secondary3.2/5
Min Investment
$25K
Buyer Fee
—
16
Floww
Blockchain & Alternative Rails3.0/5
Min Investment
$25K
Buyer Fee
—
Frequently Asked Questions
How are platform rankings determined?
Rankings are based on our editorial rating, a proprietary score that evaluates each platform across six weighted criteria: regulatory standing (25%), fee structure (20%), accessibility (20%), market coverage (15%), user experience (10%), and track record (10%). We currently rank 16 platforms. See our full rating methodology for details on how each criterion is scored.
What is the minimum investment for pre-IPO platforms?
Minimums vary widely. The lowest on our list is $5K, while some platforms require $100K or more. Lower minimums make it easier to diversify across multiple companies, but accreditation requirements apply regardless of investment size.
Do I need to be an accredited investor?
Most pre-IPO and secondary market platforms require accredited investor status. This generally means an annual income above $200K ($300K joint) or a net worth above $1M excluding your primary residence. Some platforms offer limited opportunities for non-accredited investors through Regulation A+ or Regulation CF offerings.
What fees do these platforms charge?
Fee structures differ by platform. Some charge buyers a percentage (typically 1–5%), some charge only sellers, and some charge both. A few platforms offer zero buyer fees to attract more demand. Always check the specific fee schedule before placing a trade, as fees can change.
Which platform is best for beginners?
Platforms with lower minimums, clear fee structures, and educational resources tend to work best for first-time investors. We maintain a dedicated ranking for this — see our "Best for Beginners" list for platforms specifically suited to new investors in the private markets.