Compare Online Brokers For Custodial Accounts
To open a custodial account, you’ll first need a brokerage account, which you can set up in about 15 minutes. Then, once you’ve added all the necessary information, select and invest in individual stocks, as well as mutual funds, index funds and exchange-traded funds. One of the easiest ways to set up a custodial account is through an online stockbroker. After opening and funding your account, you can buy stocks through the broker’s website in a matter of minutes. To make the search easier, we created this shortlist of picks from our partners.
To open a custodial account, you’ll first need a brokerage account, which you can set up in about 15 minutes. Then, once you’ve added all the necessary information, select and invest in individual stocks, as well as mutual funds, index funds and exchange-traded funds. One of the easiest ways to set up a custodial account is through an online stockbroker. After opening and funding your account, you can buy stocks through the broker’s website in a matter of minutes. To make the search easier, we created this shortlist of picks from our partners.
Compare Online Brokers For Custodial Accounts From Our Partners
| Broker | NerdWallet rating | Promotion | Fees | Account minimum | Promotion | Learn more | |
|---|---|---|---|---|---|---|---|
 J.P. Morgan Self-Directed Investing Learn more on J.P. Morgan's website | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | $0 per trade | $0 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | Learn more on J.P. Morgan's website | ||
 Interactive Brokers IBKR Pro Learn more on Interactive Brokers' website | Exclusive! U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply. | $0.005 per share; as low as $0.0005 with volume discounts | $0 | Exclusive! U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply. | Learn more on Interactive Brokers' website | ||
 Webull Learn more on Webull's website | Get up to 75 free fractional shares (valued up to $3,000) when you open and fund an account with Webull. | $0 per trade | $0 | Get up to 75 free fractional shares (valued up to $3,000) when you open and fund an account with Webull. | Learn more on Webull's website | ||
 Robinhood Learn more on Robinhood's website | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | $0 per trade | $0 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | Learn more on Robinhood's website |
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Marcus by Goldman Sachs Online Savings Account
APY
With $0 min. balance for APY
Bonus
American Express® High Yield Savings Account
APY
With $0 min. balance for APY
Bonus
at American Express National Bank, Member FDIC
To recap our selections...
