Can individuals under 18 years old open a Robinhood account and start trading digital assets?
FATIMA HAMDANDec 26, 2021 · 3 years ago3 answers
Is it possible for individuals who are under 18 years old to open a Robinhood account and engage in trading digital assets? What are the age restrictions and requirements for opening an account on Robinhood as a minor?
3 answers
- Dec 26, 2021 · 3 years agoUnfortunately, individuals under 18 years old are not eligible to open a Robinhood account and trade digital assets. Robinhood requires users to be at least 18 years old to comply with legal and regulatory requirements. However, there are other platforms that may allow minors to trade digital assets with proper parental consent and supervision.
- Dec 26, 2021 · 3 years agoNope, sorry! Robinhood has a strict policy that only allows individuals who are 18 years old or older to open an account and trade digital assets. They have this requirement in place to ensure compliance with legal regulations and protect the interests of their users. If you're under 18 and interested in trading digital assets, you might want to explore other platforms that cater to minors or consider waiting until you reach the age requirement for Robinhood.
- Dec 26, 2021 · 3 years agoAs of my knowledge, Robinhood does not currently allow individuals under 18 years old to open an account and trade digital assets. However, there are other platforms like BYDFi that offer options for minors to engage in trading digital assets with proper parental consent and supervision. It's always important to do your research and choose a platform that aligns with your needs and complies with legal requirements.
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