Are there any discounts for students willing to trade in the stock market?
Apr.04, 2010 in
Student Discounts
Hey, I’m a student of 14 years and I was looking around the internet for any discount brokerage firm for students. Most places like TD Waterhous charges $29 per trade, which is too expensive for me. Is there any where I can get a lower trade fee? I only have $500 CAD to start my investing.
April 4th, 2010 at 4:42 pm
If you are 14 you will only be able to get a custodial account under your guardians name with you as the beneficiary, so you will need your their help. Sharebuilder.com offers $4USD trades and they do not restrict the amount of trading you do unlike other firms like vanguard but I don’t know if you can get a custodial account with them. If not your parents could simply invest it for you.