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Is there a minimum amount for investing with stockbroker?

I have stated interest in investing in some stocks through a stockbroker. Since I am 14, I do not have a lot of money. My father says that stockbrokers will not do business with someone who only wants to invest 100-200$. Does this claim have any truth to it? Will stock brokers do business with me? Thanks.

Public Comments

  1. Unfortunately you need to be 18 so you will need the help of your dad. You don't want a stockbroker because it will eat up your entire savings with the fees. Sharebuilder is a good cheap broker. You can even get a bonus of $50 I believe for signing up. If you have earned income it's a great time to start a Roth IRA. You can do it for as little as $50 a month a T. Rowe Price.
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