How old do you have to be to trade shares in the stock market?
(Are there any ways to get around any restrictions of trading stocks under age?)
Answer :
You have to be 18. There is no way around it, if a broker opened an account for you before your 18th birthday they would be prosecuted by the regulator.
It is possible to be the second name on an account before your 18 birthday, but you would have no legal control over the shares. All buying and selling would have to be done by the adult and you would have no legal right to make any changes to the account.
Sorry.
Posted: August 8th, 2010 under US Stock Market.
Tags: Stock market