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
: 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. In the United States, children generally on their
A guide to investing for your child's future | Golden 1 Credit Union In the United States