Can a 17 year old buy stocks in India?

Even if your age is less than 18 years, it is still possible to open Demat and trading accounts. You can do so by submitting the documents of your guardian. You can open a Demat and trading account at a brokerage in the name of a minor by the natural guardians (like parents) or the court-appointed guardian.

Can a 17 year old start stocks?

Investors under age 18 are not allowed to own stocks, mutual funds, and other financial assets outright. If you are a minor, you can make investments only under the supervision of your parent (or an adult) through a custodial account.

How should a 17 year old invest?

Have Them Open Their First Checking Account.

At what age you can start investing?

Age : It might be contrary to the common assumption, but you do not need to turn 18 before you open a Demat account for the first time. In fact, there is no minimum age to invest in the Indian stock market. Hence, both adults and minors can have Demat accounts that enable stock market trading.

Can minors invest in stocks in India?

A minor (below the age of 18) can invest in stock market. The guardian operates minor trading account, demat account and bank account. Most brokers in India allow Minor to open account.

Can a 16 year old invest?

At 16, most youngsters have some knowledge of the stock market. To begin investing in the stock market, a custodial account must be opened by a parent or guardian. In most cases, you can open a custodial account with as little as ​$100​. Sixteen year olds are prohibited from making their own trades.