TOP SITES FOR TEEN INVESTORS

Updated July 21, 2023

Top Websites for Teen Investors

 The websites appropriate for teens include portals for: investor education, investment apps, and financial measures. You may think that there are many investment-related websites that appeal to teen investors but this just isn’t so. For example, the typical investment education website does not address some of the basic issues faced by young investors which include the fact that:

  1. many of the free investment education websites don’t do a very good job of providing simple explanations of investment fundamentals; and

  2. teens have very little money to invest so any broad investment advice must keep the meager finances of teens in mind.

Here are the investment-related sites that teen investors should review.

Investment Education Sites

TeenVestor.com. This is the most comprehensive website for teen investors on this list. We aren’t just saying this because it is ours. You will not find any other websites that cover such a wide variety of topics specifically addressed to teen investors (or Teenvestors as we call them). It has garnered kudos from Wall Street Journal, Morningstar, Barron’s and many others. It is a portal to teach investment basics for teens and beginning investors. In existence since 1999. TeenVestor also runs a course to teach teens how to become stock investors called TeenVestor Stock Certification Course.

Investor.gov. One of the goals of the Securities and Exchange Commission (SEC) is to protect American investors against fraud. To do so, it provides some investor education for teens covering stocks, ETFs, and other investments through investor.gov. It even covers the basics of crypto. The website also includes financial calculators to help you understand such things as compound interest and mutual fund fees.

How the Market Works. This website, which also runs a stock market trading game (with a virtual or mock portfolio), also has an education section with some lessons about the stock market. The website also appears to provide support to a financial literacy curriculum to be administered by high school teachers.

Wall Street Survivor. This website, which also runs a stock market trading game (with a virtual or mock portfolio), also has an education section with some lessons about the stock market. The website also appears to provide support to a financial literacy curriculum to be administered by high school teachers.

Investopedia. Investopedia has an education-focused website that covers beginning and advanced investors. The website has a great dictionary of all basic investment terms that are well defined complete with relevant articles. Investopedia has been a trusted source for investing information for many years.

Stock Custodial Brokerage Accounts for Teen Investors

Here is a short list of the top 10 affordable custodial brokerage accounts brokers that are best for your kids. I've linked directly to each company's custodial account section:

  1. Charles Schwab (Which Now Owns TD Ameritrade)

  2. E-Trade

  3. Fidelity

  4. Interactive Brokers

  5. Ally Invest

  6. Greenlight

  7. Bloom

  8. Stockpile

  9. Stash

  10. Acorns

Robinhood and Webull are conspicuously missing from this list for one simple reason — they don’t offer custodial brokerage accounts. For more details about each of these accounts, please go to the bottom of this page.

Crypto Custodial Brokerage Accounts for Teen Investors

Here are two companies that either currently offer crypto brokerage custodial accounts or intend to do so. Parents (or other adults) are the only ones that can open up these accounts for someone under 18 years old.