Robinhood does not allow investing for those under 18.

Can you make a robinhood account under 18. Even though an adult sets up and controls a custodial account, the money belongs to the minor as soon as it enters the account. Be 18 years or older; A custodial account is a way for adults to set aside money that the child can use later on.

A financial account requires lots of legal paperwork to be signed, electronically or physically, and this of course requires the. That should be able to work, you might be can you open. You legally can't trade stocks under 18 unless it's a custodial account.

When the child reaches the age of majority (generally 18 or 21), the account can get transferred into the young adult’s name and. In practice, the answer is yes. If you are an adult (18 years or older), then you can.

However, these accounts are managed by the parent or guardian until the child turns 18 (or older, depending on the details of the account). A typical feature of a custodial account is the flexibility to invest how you like, and withdraw when you like, offering a further peace of mind. Yes, there is no specific age for trying to open a trading account.

Legally, you have to be over 18 to open. The adult who opens the. And unlike some other brokers like td ameritrade that offer the option to run a custodial account, robinhood,.

With a cash account, customers can only use deposited cash or settled funds to make trades. Yes, they can do it by opening an account in the custodial app. It isn't illegal to have access to a brokerage account before the age of 18, however, you're required to have a parent or guardian etc.