Comparision chart of SChwab Teen Invoestor with competition.
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)
Disclosure Title
Disclosures

Competitor firm information obtained from their respective websites as of 3/19/26. Competitor pricing and offers subject to change without notice.