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What is an online stock broker that allows kids to get accounts with a cosign?

Posted by admin in Finance Tuesday, 8 March 2011 01:54 1 Comment

I am a 13 year old kid, but really want to invest in the stock market. My parents will cosign but I want to invest online. As far as I have looked, I have not been able to find an online broker that allows you to do this. If any one knows an online broker that allows this, please answer.

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This entry was posted on Tuesday, March 8th, 2011 at 01:54 and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

1 Comment

  1. 03/08/2011 02:47
    posted by B

    you must be 18 to open an account PERIOD, that is the Law. You can, however, open up an UGMA (unified gift to minors account) with a parent as a Custodian, and then at a designated age, between 18-25, the account becomes yours. Every brokerage firm can and will set up and account in this manner. Good luck!