With TD Ameritrade you need a $250K account minimum, plus approval. And why bother anyway, IPO's are mediocre investments, at best https://money.usnews.com/investing/stock-market-news/slideshows/why-you-shouldnt-buy-an-ipo From the article: "Schneider cites a recent research report from Dimensional Fund Advisors, which shows poor performance by IPOs. Dimensional studied the first-year performance of more than 6,000 U.S. IPOs from 1991 to 2018 and found that these stocks seemed to underperform industry benchmarks."