One of my new years resolutions is to put some money in the secondary stock market. So far I've looked at sharespost, equity zen, and equidate but I can't seem to get any information on commissions, company list, etc from these websites unless I sign up for an account. So I'm looking for recommendations from the blind community on which one I should go with ( it can be different from the ones I listed too). Along with your recommendation if you can give me the rationale for your choice that will really help me understand what I should look for in these secondary market brokerages. Thanks for reading, and wish you all a happy 2018!
Iâve used EquiyZen to purchase stocks on secondary market. Good customer service. Con: Since these are employee stock they come with 6 month post IPO lockup and 1 year EquityZen imposed post purchase lock up. Also couldnât negotiate a lower rate. With the liquidity and gains seen in crypto, I wonât be investing more in secondary markets...
There's a reason that info is not available more publicly or without an account - regulation. Private shares can only be shown as available / offered to accredited investors who pass certain checks etc. Fees may vary from case to case too since it's such an inefficient market. Generally, they charge a few percent (3-5%). Equidate generally has wider availability and a quicker / more reliable closing process from what I know.
Equidate +1 .... awesome team. I know them very closely. They are very dedicated and a very nice application as well
I use both. Exited One investment on equityzen already. So far no complaints.
I think Equidate is called Forge now
Bittrex