Stock Trading Apps For Minors. Earning a recommendation based on its platform alone is e*trade. To apply for a robinhood account, you must: In short, monitoring your child's trading activity helps prevent your child from making bad investment decisions.
And when the kids are ready to move to something more advanced, there are etfs available on the platform as well. Be 18 years or older (custodial accounts are coming soon) have a valid social security number (not a taxpayer identification number) have a legal u.s.
A free paper trading account or stock market simulator is an excellent alternative to a brokerage account and a significant advantage for investors in general, but it's the ultimate benefit for any day trader.
That doesn’t mean you have to sit around and wait until you’re 18 or 21 to begin investing. Best mobile stock trading apps comparison. We chose sofi invest as our best investment app for beginners. Based on these reviews we found that avatrade’s app is the best trading app for traders from malaysia.