Are there any brokers/banks/ other places which i can use to invest in the stock market if i'm 16 years old. i know about TD waterhouse but i would like to be able to have an idividual account. preferably one in Canada or atleast eligible to canadians.
Please do not post other money making schemes here
Sorry to post again. but I want to see if I can get more answers
2007-01-14 08:20:05 · 3 answers · asked by Richard C 3 in Business & Finance ➔ Investing
I'm not COMPLETELY sure, but I do believe that to open an account, you'll need to be 18. I think you need parental consent and open up a "custodial" account. I am not entirely sure, I just know a friend of mine did this recently though.
2007-01-14 10:28:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I recall someone younger than that somehow thru his dads accounts he not only was trading...he was manipulating the market on message boards and was making a hefty amount of cash....until the feds came knocking and took the computers and jr away.
2016-03-28 21:33:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Have you tried E*Trade? Their services are available worldwide I think. TDwaterhouse I think is Ameritrade now, their services are good in USA, not sure about Canada.
2007-01-14 08:32:08 · answer #3 · answered by :-) 1 · 0⤊ 0⤋