Investing for kids

How can I open a Stockspot kids account?

Select 'Get Started' on the Stockspot website and select account type 'Kids'. The application should be completed in the name of an adult (for example, a parent or grandparent) on behalf of the child or through a formal trust as minors can't legally own investments until they are 18 or older.

What identification do I need to open a kids account?

Your passport or driver licence plus another form of ID like a utility bill. It's helpful to have these documents handy when completing your application.

How much money do I need to start investing and what are the costs?

You can start with any amount. We'll start investing on your behalf once your account hits $2,000. There are no Stockspot management fees until your child's portfolio reaches $10,000 (or until the child turns 18).

Read more about investing for kids.

Can I invest for grandchildren?

Yes, you can invest for your grandchildren through a Stockspot account by setting it up in your own name and nominating the funds for their future. Many grandparents choose to create a dedicated investment to help with milestones like education, a first car or a home deposit. You stay in control of the account, and can decide when and how to gift the money.