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cactusbin

Member since: Jul 09

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Is there any way I can trade, even though I am under 18? I have a job and an established checking and savings account.
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MrReed

Member since: Dec 08

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cactusbin said: Is there any way I can trade, even though I am under 18? I have a job and an established checking and savings account.

 Man, I wish I was this well put together at your age.  Getting started so young, brilliant.  As for you question, I have no clue, but good luck man.
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OldFart

Member since: Jun 08

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maybe some kind of a joint account will work
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The Otter Way

Member since: Feb 09

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I wouldn't suggest to anyone under the age of trade to open an account under a parent... and use their login.... it would not be right!

I wouldn't suggest to anyone to open a dual account either...

So wait until you are of age...
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cactusbin

Member since: Jul 09

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The Otter Way said: I wouldn't suggest to anyone under the age of trade to open an account under a parent... and use their login.... it would not be right!

I wouldn't suggest to anyone to open a dual account either...

So wait until you are of age...

 
I wasn't planning on opening an account under my parent(s). If that was my intention, I would have already done so, and would not be posting here.
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OldFart

Member since: Jun 08

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I really do not see a way around the joint account, maybe not parents but a friend or some other trustworthy individual. Big part of the consideration is taxes. Call a few brokers and ask them how they would deal with the issue.
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BeretDude

Member since: Mar 09

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Retired early, but working a pt job just to keep myself from laying around on the couch all day. :)
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Can't you simply ask one of your parents if you can do this and if they say yes, have them open in their name and you fund it?

If you stick to dealing with a cash account, I don't see how you could get into much mischief.(Dude.. we are talking about a teenager here)


Happy Trading...  /:)