How old do you have to be to trade stocks online?

Someone asked:


I’m 13 and want to buysell stocks online maybe with a place like E*Trade or something similar.

What would I have to do in order to be able to?

Do I need mom’s permission or what? Can the account be mom’s with my money and my “Advice”? ;)

6 Responses to “How old do you have to be to trade stocks online?”

  1. I am sure you must be 18. Go to e-trade and read the user agreement. You can also speak with your mom, she might be willing to help you futher

  2. More advice than an answer, sorry…your best bet is to email Support at Scottrade or Etrade. I don’t think this aspect is regulated. You will have to pay any capital gains taxes, though, pretty sure of that. :)

  3. In my opinion, your parents’ permission is safe for you. They could also advice you sometimes that you can not make sure balance you account.

  4. You need to be 18 to trade on any sites. You can have your Mom set up an account and give her advice on what you want to trade. If you sell and make a profit she will have to pay taxes on it though.

    I tried my first trade as soon as I turned 18. I bought E toys and they went bankrupt shortly after. I think as a young person you have a lot of advantages. You know what is cool and what people will buy more than old people would.

  5. Need to get the permission from your parents. It is strongly recommended that instead of getting advice from web speak to your parents and ask them to get professional advice on this aspect.

  6. at least 18

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