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Top Stock Applications For Children

You know you need to teach your kids basic skills like reading, writing, and math, but don’t overlook the need to teach about saving and investing early with some of the best stock apps for kids. You can help your kids develop important life skills by teaching them about saving and investing early.

It will be easier for your kids to adapt to adult life if you talk about investments at a young age. You can help prepare your children for a successful financial future by introducing them to the concept of investing early on.

What Are Stock Apps for Kids?

Kids can invest with a parent using stock apps. Most apps require a parent to have an account first, but a few are only for kids. These apps help parents keep an eye on their children’s online activities.

Kids can invest or contribute funds to a prebuilt portfolio with the apps. The apps can help kids understand the stock market and build financial literacy.

There are many stock apps for kids that offer a variety of assets. Kids can learn about investing and money management in a safe and interactive environment with these apps.

Kids can use stock apps to learn how to save and invest at an early age and to reach their financial goals, such as paying for college or buying a car. By learning these principles at an early age, kids can build a strong foundation of financial literacy that will benefit them in the long run.

The key to building financial literacy is letting kids figure out how much money to save, invest, and spend.

11 Best Stock Apps for Kids (With Parent Approval)

Read on for the best stock apps available for children to start learning about and investing with today:

  1. Greenlight App
  2. Stockpile App
  3. Acorns Early App
  4. UNest App
  5. EarlyBird App
  6. Fidelity Youth App
  7. BusyKid App
  8. Learn Stocks: Investor’s Guide App
  9. Stash101 Fantasy Investing App
  10. Trading Game: Stocks & Forex App
  11. The Stock Market Game App

1. Greenlight App

  • Cost: Greenlight Max $9.98/mo, Greenlight Infinity $14.98/mo
  • Age: No minimum age requirement since the parent submits all trades

The Greenlight Max or Greenlight Infinite Plan can be used to open a custodial investment account.

A free debit card is included in Greenlight. The parent’s Greenlight app can be used to monitor and manage the debit card. Parents have complete control over where kids use the card and how much they spend

All trades must get parent approval before they can go through on Greenlight. Parents can monitor their child’s trading activity on Greenlight to make sure that all trades are appropriate. Greenlight gives all the tools kids need to learn about investing in stocks and ETFs in an age-appropriate manner, so it is easy to digest. The design of the app makes learning about investing engaging.

The educational content includes professional quizzes and articles to give kids a taste of real-life investing as an adult. The goal of the educational content is to provide kids with a foundation for understanding how financial markets work and how to make smart decisions about their money.

Kids can start investing with as little as $1 and no trading fees. Kids can buy fractional shares of their favorite companies. They can invest with less money in the stock market.

2. Stockpile App

  • Cost: Stockpile has one plan that’s $4.95 per month for one adult and up to five kids
  • Age: Children don’t have to be a certain age if they have a custodial account underneath a parent

Stockpile is an online brokerage program that offers custodial accounts for kids under 18. Stockpile offers a user-friendly interface for kids to learn to invest, but all investments must be approved by their parents. The stock market is high-risk and parents should always be aware of their child’s investing activities.

Parents can use the app to teach their kids how to invest. It helps set a strong foundation for good money management by helping parents teach their kids the basics of financial literacy. Once a parent approves the trades, they occur. The trading process can be completed in a matter of minutes. Kids can invest in a variety of investments. Kids can learn to manage their money and understand the stock market by investing in these assets.

Children’s accounts are included in each adult account, and parents can buy kids’ gift cards that they can redeem for stocks orcryptocurrencies. The gift cards can be used to get started with investing and understanding the stock market, making it a great way for kids to learn about finances.

3. Acorns Early App

  • $5/month is the cost with anAcorns Family account. With no minimums or hidden fees,Acorns Family makes investing simple and affordable for families.
  • Kids don’t need to be a certain age because parents handle the investing for them, but kids can take over when they reach majority age in their state. Parents should help their kids understand the basics of investing so they can manage the account confidently.

The app for adults is called Acorns Early. When the children are 18 years old, parents can take over the account. This is a great way to teach your children how to manage their money.

Kids funds are invested in an aggressive portfolio. The aggressive portfolio is designed to maximize long-term growth potential while also providing an educational experience for children. They must sell the current assets and buy new assets for a less aggressive portfolio if you want something less aggressive. When considering a change in investment strategy, it is important to know that taxation may outweigh the benefit of the new portfolio.

A one-time investment can be set up by parents. Ensuring that children have the funds available to them when they are ready to make a major purchase or invest in their future can be done by this. Round-ups can be set to invest spare change.

The funds are set up as a Kids don’t have to only use the funds for college or educational expenses if they want to use the account how they want. There is an option for parents to set restrictions on how their children can use the funds, so that they can ensure the money is only used for intended purposes.

UNest is an investment account for kids. You can create an account for college, buying a car, or their first house with UNest. UNest allows parents to save for everyday expenses like birthday gifts or school supplies.

Parents manage the UNest account for their kids. UNest allows parents to invest in the future of their children, helping them save for college, a car, or even their first home. As you add money to your children’s accounts, you may receive bonuses from partner companies like Disney and Doordash. It’s a great way to make sure your children have the resources they need to succeed.

UNest has portfolios from conservative to very aggressive. UNest can help you decide which portfolio is best suited to your goals. A couple of options include:

  • A conservative portfolio with fixed-income and bond ETFs
  • Age-based portfolios
  • Socially responsible age-based portfolios
  • Aggressive option

The minimum monthly contribution is $25 and you can invest up to $15,000 annually. You can increase your contribution at any time. Subscribers to the premium membership can also invest in cryptocurrencies.

5. EarlyBird App

  • Cost:$2.95 per month for one child, $4.95 a month for multiple children
  • Age: No minimum age requirement

EarlyBird is an investment account for kids. It makes it easy for parents to set up an account and manage their children’s investments. You can set up an account before your baby is born and share the link on your baby registry to receive early contributions for your baby’s future.

Future gifts can be provided by friends and relatives in the app. You can set up an account in the app that will allow friends and family to contribute to your child’s future even if they are unable to be there in person. They can give a video message with the gift to make it seem more personal. This is a great way to show your appreciation for someone.

When you open the account, you have to contribute a minimum of fifteen dollars a month. You can increase your savings balance by making lump-sum contributions. EarlyBird uses a fixed-portfolio model. This model is designed to give investors a diversified, low-cost portfolio that is easy to manage. EarlyBird has five portfolios ranging in risk levels based on the child’s age. As the child grows older, the portfolios are designed to keep up with the changes in the market.

If you start an account before your baby is born, the account is free until you fund it. You can use the account to add items to your registry.

6. Fidelity Youth App

  • Cost: $0, but parents must have a Fidelity account
  • Age: 13 to 17

Teens interested in saving and investing can use the Fidelity Youth app. Teens can learn the basics of saving and investing with the Fidelity Youth app. Teens can trade Fidelity mutual funds with this account. Teens can gain valuable investing experience with this account.

To qualify, parents must have (or open) a Fidelity account. While teens can make their trade decisions, parents have plenty of controls, including:

  • Online account access
  • Access to monthly statements and trade confirmations
  • Customized alerts

Teens can get a $50 bonus when they download the Fidelity Youth app and open an account. The app has educational resources to help teens learn about money management. Teens can invest with as little as $1. Teens who don’t have enough money to purchase entire shares of stocks can invest.

Teens can learn to manage their money with a free debit card, and they can even link their mobile payment apps. The debit card can be used to make purchases online and in-store.

The Fidelity Youth app has a learning center that helps teens learn good financial habits. The learning center helps teens make the best financial decisions for their future.

7. BusyKid App

  • Cost: $3.99 a month and includes accounts and debit cards for up to five kids
  • Age: 5 to 16

BusyKid is an investing app that helps parents teach their kids how to save and invest. BusyKid gives parents a chance to talk to their kids about money management and financial responsibility.

When kids earn money, it goes into three buckets: save, spend, and share. The’share’ bucket is a great way to teach kids about giving back to the community. Parents decide how the money gets divvied up and can lock the money transfer feature so kids can’t move the funds if they don’t think they’re ready.

There are no commissions for investing in stocks within the save bucket. Investing in stocks can be a fun way to learn more about the stock market. The dashboard is easy for kids to review and understand how their investments perform, and the app has hundreds of stocks to choose from. It’s a great way to introduce kids to the stock market.

Kids need approval for transactions on the app, but there are push notifications to parents that can accept or deny them in real-time. If needed, parents can add money to their child’s account.

Kids can use a free debit card to learn how to manage their money. The debit card can be used to teach kids how to manage their finances.

8. Learn Stocks: Investor’s Guide App

  • Cost: Free
  • Age: Available for any age, but probably best for pre-teens to teens

Learn Stocks is a guide that shows you how to invest in the stock market. The lessons help you understand the stock market and become a successful investor. The app is a great way to introduce kids to investing. It helps teach the basics of investing, such as understanding the stock market and how to make decisions about which stocks to purchase.

Some of the most popular lessons kids can learn include:

  • Buy and hold strategies
  • Save first, then invest
  • The art of diversification
  • Learning to invest in what you believe in
  • Building investing habits into your routine

Stock Apps for Kids That Simulate Stock Market Investing

If you want to introduce your children to investing without using real money, consider these stock apps for kids. Children can learn the basics of investing with stock apps that teach the importance of saving money.

This is an effective way to teach kids how to do. They can explore their creativity if they are involved in hands-on activities.

9. Stash101 Fantasy Investing App

  • Cost: Free
  • Age: No minimum age to play, but you must be 18 to cash out the gift cards if they win

You’ve heard of Fantasy Football; now there’s Fantasy Investing with the Stash 101 app. Fantasy Investing with the Stash 101 app is an easy way to learn about stock markets and create a portfolio for your financial goals. The players create a portfolio with one bond, three stocks, and one exchange traded fund. Depending on market conditions and research, players can adjust their portfolios. The game ends Friday afternoon. The teams will have five days to complete the game.

Kids earn points for their performance. Points can be used for rewards such as virtual items or real-life prizes. You must be at least 18 years old to win a gift card. Proof of age is required to collect a gift card.

10. Trading Game: Stocks & Forex App

  • Cost: Free
  • Age: No minimum age, but best for pre-teens and teens

The Trading Game is for players who understand the basics of the stock market and are ready to learn more advanced trades.

Each player gets $10,000 in virtual money and is encouraged to double it with their choices. By the end of the game, the goal is to see who can make the most money.

Throughout the game, players have access to pro tips, user-friendly guides, and trading examples to help them make decisions. The resources help players become more successful traders and increase their knowledge of the game.

Kids can take quizzes on the information they learn to see if they need more help. Kids can strengthen their knowledge base by taking these quizzes.

11. The Stock Market Game App

  • Cost: Free
  • Age: No minimum age, but parents or teachers must sign up for the account

The Securities Industry and Financial Markets Association Foundation created the Stock Market Game. The Stock Market Game app can be used to learn about investing and the stock market. Only parents or educators can sign up for the game, but it can help kids learn about the stock market.

Kids can compete alone or as a team with $10,000. They can invest their money and earn points based on their performance.

Reasons for Kids’ Stock Apps

It is never too early to invest in stock apps for kids. They can learn valuable money management skills when they start early.

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It will help your kids build a nest egg for big goals, like paying for college or a car. You can take advantage of the power of compounding interest and watch your savings grow over time if you start saving early.

Empower Generations to Come

When they are older, the younger kids are more likely to invest.

Future generations will be capable of investing and financially literate if kids grow up with a good money story.

Build Knowledge and Educate

Helping kids understand the importance of saving, investing, and spending is important. Financial literacy can help children build a solid foundation for their future.

Making savings, investing, and spending a normal occurrence will make it easier for kids to make tough financial decisions when they are on their own. Having conversations about money and the value of different spending choices helps children gain an understanding of the importance of making wise financial decisions.

Giving kids access to real-life money decisions is one of the best ways to educate them. Learning from mistakes is an important part of this process. Kids learn better when they can be hands-on. volving children in activities that allow them to practice skills and techniques can be an effective way to help them learn.

With parental guidance in each of these apps, your kids can get a taste of what it’s like to be an adult while still having parental protection. They can develop the skills they need to make their own decisions.

Frequently Asked Questions

Kids are always learning about finances. You will be amazed at what they can accomplish if you keep it age-appropriate. Children can achieve great things if they are given the right encouragement and resources.

What should parents look for in a kid’s investing app?

The level of protection that a kids investing app provides is important to parents. Children can learn about smart money management and investing with the help of these apps. If you want complete control, look for that, or if you want to let your kids make their own decisions, look for that level of protection. Regardless of what type of protection you are looking for, you should always research the tools available and make sure they fit your family’s needs and goals.

To make sure you are comfortable with their decisions, consider the cost and the types of investments they can choose.

Are kids able to invest in the stock market?

A custodial account can be used to invest in the stock market. The accounts allow the child to learn how to save and invest money while giving the parents control over the investments. The account is in the parent’s name, but kids can make their own decisions with some apps. The trade for all apps must be approved by the parents. When allowing their children to engage in app trades, parents should use their discretion and be aware of the risks associated with them.

How can I teach a child about the stock market?

Kids don’t need real money to learn about the stock market. It’s a great way to introduce kids to the concept of investing and how the stock market works. You can use stock simulation apps to teach kids about stocks. Children can learn about investments in a virtual environment with these apps. Make sure you keep it age-appropriate so they don’t get overwhelmed, teaching them hands-on with their money can be a great way to teach them. It is important for children to understand the value of money.

What is the best stock you can buy for a child?

The best stock for a child is any stock you buy. They can build a strong financial foundation if you choose the right stock. You could buy a fractional share of Disney or Amazon. This is a great way to invest in stocks without breaking the bank, and it could be a great way to start building your portfolio. It’s a good idea to talk to your kids about investing in what they believe in and see what they come up with. Encourage your kids to think outside the box when it comes to investing, as there are many unique ways to make their money work for them.

How do you open a custodial account?

Just like your adult account, you open a custodial account. If you want to save for college tuition or a car, you can use a custodial account. If you want to add your children, you need an adult account first. It allows you to monitor and manage your child’s investments while they learn how to invest. You have to fund the account if you give them their personal identifying information, including their Social Security number.

Should You Use Stock Apps for Kids?

Stock apps can be used to build financial literacy. By using stock apps, kids can learn how the stock market works and how to make informed financial decisions. The easier it is for kids to transition into adulthood, the more natural we are at handling money and making decisions. By teaching children about money management and decision-making at an early age, we can equip them with the skills they need to navigate adulthood with confidence.

When you have a custodial account set up for your child, they will have a nice nest egg to start their adult lives. One of the skills you can teach your children is financial literacy.

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