June 25, 2010
about stock trading under 18?
Constantine asked:
Im 17 right now, I really want to do stock trading… but all the website I went , they say I need to be over 18, and they required the social security number, but Im from another country, and I have the VISA,im a international student here…… is there any way I can do stock trading??? I know there must be a way, maybe it’s sort of illega, but not that serious.. okay??? so if u have any idea, and u can email me the answer, thank you, my email add is crb12546@hotmail.com
My parents are not here, im by myself…. And i never talk to my guardians….
Ahmad
Im 17 right now, I really want to do stock trading… but all the website I went , they say I need to be over 18, and they required the social security number, but Im from another country, and I have the VISA,im a international student here…… is there any way I can do stock trading??? I know there must be a way, maybe it’s sort of illega, but not that serious.. okay??? so if u have any idea, and u can email me the answer, thank you, my email add is crb12546@hotmail.com
My parents are not here, im by myself…. And i never talk to my guardians….
Ahmad
Comments on about stock trading under 18?
Moses
The only way is to get a parent to set you up an account under their name.
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Joanna
i think you should be a little suspicious about giving your ss number. also, i heard you can do it through your parents.
Izabelle
You say there must be a way although “it’s sort of illega, but not that serious.. okay???”
Trust me—if you pursue crime of this sort, you’ll soon find jail time is very serious! The SEC, IRS, Department of Justice, FBI—all of these might become your unhappy friends. LOL
You must be eighteen to trade stocks in the country. Nobody in his right mind would dare risk his own future to accommodate a foreigner’s willingness to break the law. I certainly would strongly encourage you to rethink this idea of yours before you find yourself in a hole without stairs for escape.
Len
Chasity
If you think you know everything about the stock market odds are you don’t. I think you should take the year to learn about the stock market and how it works. Do you know how options work? Can you read financial statements? Don’t rush into the stock market it will forever be there.
If you feel you really need to open up an account. You might be able to find someone to open up an account in there name. You could pay them a percentage or something. I really don’t recommend this though, just wait out the year its not that long.