What's the minimum age for a person to invest in Stocks?

Question

I wanna invest in stoks, but am not an adult yet. :-( So if anyone out there can state the qualifications fer sumone who wants to invest in the BSE, i'd be really greatful. (BTW, i dont mind any1 adding sum beginners tipz. )

Answer 1

You can open an account with your parent as guardian. Because minors in India do not have legal rights before 18 years of age.

This is only a front, you have to operate every account /transaction with your parents signature. Also please note, brokers are skeptical about trading with minors because there are decisions that have been granted in favour of minors just because of their age.

Answer 2

Theres really no set age limit. I know some 12 year old boys who trade a seperate account under the watch of there parents. Scottrade is a good brokerage, 500 bucks is the minimum to start an account.

Answer 3

You should be 18 years old When you trade in shares you need a Demat account and a saving account to pay for the shares.
Any broker can trade for you.No educational qualification is necessary.

Answer 4

u must be 18 + years
u need a demat account for trading in stocks
demat account is the one similar to your savings account, but the difference is that all the stocks / shares u purchase / redeem, will be from the demat account.

u must have filed ur IT returns and must have a PAN card

ravi kumar

Answer 5

To open account you should be at least 18 years.
But nobody could restrict to trade for yonger people from their parents or elder family member/friend account

Answer 6

THERE IS NO AGE LIMIT BUT THERE IS A TERM U MUST HAVE KNOWLEDGE ABOUT UR INVESTING STATEGY AND U HAVE TO COMPLETE 18 YEARS BAR,OTHERWISE BY TAKING AS MINOR U HAVE TO GO TROUGH UR GARDIAN

Answer 7

only money matters