Stock Market

Kids as young as 13 can now trade stocks without a parent’s approval. How to be smart about it, according to experts.

By Bullbit Editorial · March 27, 2026

WhatCharles Schwab has introduced a new teen account that allows minors as young as **13** to trade stocks without a parent's approval.
WhyExperts advise parents to educate their children on responsible investing and risk management to avoid potential financial pitfalls.
SignalThe jointly owned account is controlled by the teen, indicating a shift towards empowering young investors with more autonomy.
TargetExperts recommend setting clear financial goals and risk tolerance with children to guide their investment decisions.
RiskExperts warn that minors may be more prone to emotional decision-making and lack of long-term perspective, increasing the risk of financial loss.