Is there a minimum age to buy stock in Illinois?


Question:
Im 16 and live in IL and i have a social # and a checking accout can i open an account online for buy and selling stocks?

Answer:
No,
You need to be 18. But your parents can open a custodial account and you can buy and sell. Anyone under 18 cannot legally own anything in this Country. Sad, but true.
Best Answer - Chosen by Asker
you can make most 1,○○○ $ A WEEK
Make jumbo chocolate covered strawberries with nuts on a Popsicle stick. At the mall they are 5$ a chocolate covered strawberry, sell 30 a day each one is 2$ and you will make 60$ a day if you sell all of them. And in a week you will make 420$.
and a month 2,520$
a year 30,240$ damn you could by a house. Sell like 60 a day
and in a year 60,480$.
18. Legally responsible for your own debits and accounts
You have to be 18 to enter into a legal, binding contract.
The age is the same throughout the U.S. - you must be 18years old to buy/sell stocks unless you are emancipated.
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