UTMA Accounts?

Question: Who has the cheapest accounts available for setting up an investment account for my 14yr old son. He wants to be able to trade stocks and mutual funds with my assistance.

Answer:
Here are links to some comparisons that might help you choose one.

http://www.fool.com/dbc/tables/compare.h...
http://www.consumersearch.com/www/intern...
http://www.stocksandmutualfunds.com/brok...

I personally would consider more than price. If the trade executions are slow or the interest on cash awaiting investment is low, that could cost you more than you save in commissions. Some also provide free research that could be valuable, which is another factor to think about.

---

More Questions & Answers...

TSX - What is the procedure to remove a stock that has gone bankrupt from your trading account?

If I find old stock shares (20+ yrs old) how can I find out their current value and how do I trade them?

How to start investing on the stock market, starting with opening an account?

Does your company still have Employee Stock Purchase with lookback pricing?

Etrade account - need advice?

Why is israel so successful?

Online guide on how to best stock trading in indian market?

Help with accounting statements/balance sheet?