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As it is now I find myself paying high commissions and even higher capital gains taxes. This would be because my equity purchases are made through my father (an "in trust" account), who makes a high salary and uses a full service brokerage. I have been able to persuade him to at least consider using a discount brokerage, but the problem I'm stuck with is the tax. Does anyone know of a brokerage (preferably a discount one) that offers individual accounts for people under the age of majority (16 to be exact)?
 

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No you have to be at least 18 and sometimes 19 to have a brokerage account. It depends on the province and not on the brokerage.
 

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actually, it turns out that an online trading account is like a bank account set up for a child. As long as an adult is supervising it, it's up to the parent to set limits as to what can and can't happen within the account. so it is very much possible for a minor to have a non-registered account.
 
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