Can a 16 year old trade stock?
Very interesting to discuss is not it? Because many people think that only adults can make investments such as trading and others. So, can a 16 year old trade stock?
Check this out!
Investing in capital markets seems to be thriving among millennials, especially in the world of the Internet and the world of information technology. One of the proofs is that many young people have successfully invested in stocks, Indonesia's most popular capital market product, alongside investment trusts.
Belvin Tannadi is one of the successful young people in the stock market. Belvin, a young investor, and owner of Sainssaham.com, said many people have been successful in the trading business (stock trading over the internet), and this investment is beginning to attract millennials. Learn technical analysis and fundamental analysis which is the basis before buying stocks. In addition, potential investors are also asked to diligently read and seek information in various media, including through stock books.
By the way, there are dozens of investment companies and stockbrokers scattered throughout Indonesia, including state-owned, private, and foreign investment companies. They differ in terms of fees and other services. For example, the minimum deposit amount for a securities account is IDR 100,000, and the minimum deposit amount is IDR 10 million.
So if asked, can a 16 year old trade stock? The answer is. However, it must be understood and under the guidance of an adult or experienced person.
There are lots of scams out there that can harm users of any trading application. Especially if you are a 16-year-old student who still needs guidance from seniors to understand a lot about the world of investing, such as trading.
So, can a 16 year old trade stocks? No, because you have to be 17 years old. If you are a minor, you will violate the applicable regulations.
So, for those of you who want to invest but are still underage, wait for the appointed time. Don't be too hasty.
Keyword: can a 16 year old trade stocks
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