Access to pre-IPO share trading is generally limited to accredited investors — a legal status, not a platform preference. Under SEC rules, that typically means an individual net worth over $1 million (excluding a primary residence), or income of $200,000 individually ($300,000 jointly) for the last two consecutive years with a reasonable expectation of the same going forward.
Series 7, 65, or 82 license holders in good standing also qualify, as do a range of institutional and entity structures. The requirement exists because private securities carry real risk: they’re illiquid, there’s no guarantee a company ever IPOs or gets acquired, and investors need to be able to absorb a total loss of principal.
On P2P Shares, accreditation basis is collected as part of onboarding — a five-minute questionnaire that determines whether an investor account can participate in the marketplace.
This is general information, not investment or legal advice. Speak with a qualified professional about your own eligibility.