Can a 18 year old buy a stock?

Read our Advertiser Disclosure. You have to be 18-years-old to buy stocks on your own. You can invest as a minor if your parent or another guardian opens a custodial account with you. Investing is risk-fraught and it is not for the faint-hearted.

Can a teenager invest in the stock market?

You usually need to be at least 18 years old to participate in the stock market. However, there are some ways around that. Adults can open a custodial account with a brokerage on behalf of a child and then, in the role of custodian, invest in the stock market for them, with or without the teenager’s input. This is just temporary.

What is the minimum age to invest in stocks?

18 is the minimum age set by most brokers for opening an account with them. This is because 18 is when a person can legally enter into a contract on his own. Some states have a mandatory minimum age of 21 for letting someone invest in stocks. These are the states that have an over-18-years minimum requirement for investing:

Can a minor trade in stocks?

However, trading in stocks can be done by the setting up of a ‘Uniform Transfers to Minors Act’ or ‘Uniform Gifts to Minors Act account,’ depending on the state of your domicile. The account owner is an adult, but he is operating the account on behalf of the minor.