| Schwab Teen Investor™ account |
Fidelity Youth® Account |
Greenlight Investing | |
|---|---|---|---|
|
Description |
Joint brokerage account for teens and parents to invest together |
Individual brokerage account for teens |
Individual brokerage account owned by parents, with kids able to propose trades that require parent approval |
| Account ownership |
Assets owned jointly by the teen and parent |
Assets owned by the teen |
Assets owned by the parent |
|
Who can place trades and move money |
Trade: parent and teen Withdrawals: parent and teen |
Trade: teen only Withdrawals: teen only |
Trade: minor proposes, parent approves Withdrawals: parent only, from investing account |
|
Investment options |
U.S. equities and fractional shares, ETFs, mutual funds, fixed income |
Most U.S. stocks, some ETFs, Fidelity mutual funds only, REITs, some international equities |
U.S. stocks and ETFs (must meet certain thresholds), exchange listed sponsored ADRs, select leveraged ETFs |
|
Platforms |
Mobile app, web, and thinkorswim® platforms (web, mobile, desktop) |
Mobile app and web |
Mobile app only |
|
Subscription fees |
$0 |
$0 | $10.98–$24.98/month (investing plans) |
Competitor firm information obtained from their respective websites as of 3/19/26. Competitor pricing and offers subject to change without notice.