The most common way for minors to own stocks. An adult manages the account, but you are the legal owner. Control typically transfers to you when you turn 18 or 21, depending on your state.
Look for platforms with no account fees, no minimum balance requirements, and commission-free trading. Custodial Account | Plan For A Child's Future how to buy stocks if your under 18
If you have earned income (from a part-time job or even chores), you can open this type of account for long-term, tax-free growth. 2. Select a Brokerage Platform The most common way for minors to own stocks
Some platforms, like the Fidelity Youth Account , allow teens aged 13–17 to manage their own investments and make trade decisions with parental oversight. Look for platforms with no account fees, no
To buy stocks if you are under 18, you generally cannot open an independent brokerage account on your own. Instead, you must use a or a supervised teen account opened by an adult, such as a parent or guardian . 1. Choose Your Account Type
