In the United States, children generally on their own because they lack the legal capacity to enter into binding contracts until they reach the age of majority (usually 18). However, minors can own and manage stocks through specialized accounts opened by an adult. Quick Summary for Investors Under 18
: Most kids invest through custodial accounts (UGMA/UTMA) managed by a parent or guardian. 1. Ways Kids Can Invest can kids buy stocks
: Teens aged 13–17 can trade stocks with limited independence using specialized products like the Fidelity Youth Account , where the teen makes the trades while the parent monitors. In the United States, children generally on their
: You must be at least 18 years old to open a standard brokerage account. Some states, like Alabama and Nebraska (19) or Mississippi (21), have higher requirements. Some states, like Alabama and Nebraska (19) or
A guide to investing for your child's future | Golden 1 Credit Union
In the United States, children generally on their own because they lack the legal capacity to enter into binding contracts until they reach the age of majority (usually 18). However, minors can own and manage stocks through specialized accounts opened by an adult. Quick Summary for Investors Under 18
: Most kids invest through custodial accounts (UGMA/UTMA) managed by a parent or guardian. 1. Ways Kids Can Invest
: Teens aged 13–17 can trade stocks with limited independence using specialized products like the Fidelity Youth Account , where the teen makes the trades while the parent monitors.
: You must be at least 18 years old to open a standard brokerage account. Some states, like Alabama and Nebraska (19) or Mississippi (21), have higher requirements.
A guide to investing for your child's future | Golden 1 Credit Union