Business, Startups & Finance

Best Micro-Investing Apps for Teenagers Under 18

A curated selection of user-friendly investment platforms designed specifically for minors, enabling parents and guardians to introduce children to the world of finance through safe, educational, and gamified experiences.

ID: 63491
Items: 20
Total Votes: 0
Forks: 0
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Futures by Tastytrade

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Formerly Acorns Mini, this app offers a streamlined experience for young investors with no fees for under-18 accounts. It focuses on fractional shares and simple, automated investing, making it easy for teens to start small.

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GoBankingRates Youth Account

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While primarily a savings tool, it integrates seamlessly with investment education platforms. Parents can open custodial accounts here to provide a secure banking foundation before transitioning into more complex investing tools.

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Stash Go

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A simplified version of the Stash app designed for younger users who want to begin investing with very small amounts. It offers guided investing options and educational content tailored to beginners and teenagers.

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Fidelity Youth Account

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A robust custodial brokerage account that allows teens to trade stocks, ETFs, and mutual funds with real money. It provides extensive educational resources and a professional-grade platform experience for serious young investors.

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M1 Finance

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Offers a sophisticated yet accessible platform where teens can build custom portfolios or choose from premade 'Pies'. The platform supports automated investing and offers fractional shares, ideal for long-term wealth building.

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SoFi Money & Investing

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Provides a seamless way for teens to start investing with as little as $1. It integrates checking and savings with investment features, offering a holistic financial view that helps young users manage their entire budget.

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Charles Schwab Student Checking

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While a bank account, it serves as the perfect funding source for teen investment platforms. It offers no monthly fees and free ATM access, ensuring that young investors can easily move funds without penalty.

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Greenlight Debit Card

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A parental control debit card app that allows parents to set spending limits and categorize expenses. It includes a savings goal feature where money automatically goes into a high-yield account, teaching saving habits.

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Step Financial

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A mobile-first banking app for teens that combines spending, saving, and investing features. It offers a credit-building credit card and educational tools, helping teenagers manage their finances responsibly from an early age.

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Acorns

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Known for its 'round-ups' feature, Acorns makes investing effortless by rounding up purchases to the nearest dollar and investing the change. It offers a dedicated Acorns Mini version for teens with simplified options.

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E*TRADE

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Offers a comprehensive trading platform with educational resources suitable for beginners. Parents can open custodial accounts for their children, providing access to a wide range of assets including stocks, bonds, and options.

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Robinhood

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A popular commission-free trading app that allows teens to trade stocks and crypto. While simple, it requires parental oversight via custodial accounts to ensure responsible usage and financial education.

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Charles Schwab One

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Provides a straightforward interface for managing investments and banking needs. Its integration with Fidelity's educational resources makes it a strong option for parents looking to guide their teens through market basics.

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Betterment

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An automated investment service that helps teens build diversified portfolios based on their risk tolerance. It offers goal-based investing features, making it easy for young users to save for college or future purchases.

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Wealthfront

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Another robo-advisor that offers automated investing and cash management accounts. It provides tools for budgeting and saving, helping teenagers develop a structured approach to managing their growing financial assets.

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Personal Capital

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A financial planning tool that helps parents and teens track net worth and investment performance. It offers detailed analytics and educational content, providing insights into long-term financial health and planning.

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Mint

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A budgeting app that helps teens track spending and set financial goals. While not an investment platform itself, it complements investment apps by providing a holistic view of financial habits and saving potential.

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YNAB (You Need A Budget)

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A proactive budgeting tool that teaches teens how to assign every dollar a job. It emphasizes zero-based budgeting, helping young users save more effectively and reduce financial anxiety through disciplined planning.

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Acorns Learn

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An educational component within the Acorns app that offers bite-sized lessons on financial topics. It covers subjects like compound interest, market basics, and saving strategies, making finance accessible and engaging for teens.

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Stash Education

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Provides curated articles, videos, and games to help users understand financial concepts. It integrates directly with the Stash investing platform, allowing teens to apply what they learn immediately to their portfolios.