What is the minimum age to start Stock Trading?
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2 Answers
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The minimum age to start stock trading varies by country. Generally:
In the United States, the minimum age to open a brokerage account is 18. However, minors can trade through a custodial account under the supervision of a parent or guardian.
In the United Kingdom, the minimum age is 18 as well, but minors can participate through Junior Individual Savings Accounts (ISAs) or custodial accounts.
In India, you must be 18 to open a trading account in your name. Before 18, parents can open a Demat account on behalf of minors.
Many countries have similar rules, with custodial accounts allowing younger individuals to get started under a guardian'
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There is no minimum age to start stock trading. Minors can also have a Demat and a trading account in India in the names of their parents until he/she turns major.
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