Give them a
head start
Invest in your children’s financial future with a Selfwealth minor account. Selfwealth’s intuitive online investing platform keeps things simple for future investors and their parents.
Selfwealth’s Minor accounts allow parents – and grandparents, aunts and uncles – to invest in shares on a child’s behalf. When they turn 18, you can simply transfer their minor account to an adult individual account. This will transfer the shares into their own name and let your child continue on their path to wealth creation.
With flat-fee brokerage of $9.50 per Australian and US trade, and $88 HKD for Hong Kong investments, your family now has a simple way to invest without complex fee structures or hidden charges.
Harness the power of time and hands-on experience
A longer investment horizon means children have the potential to take advantage of compounding growth when investing.
Plus, when you sign your children up to invest with a Selfwealth minor account, you’re also modelling and encouraging strong financial habits and letting them discover the world of investing from a young age.
Graduation, birthday and Christmas gifts sorted
Relatives and friends asking for gift ideas for your little investor? When they have a Selfwealth minor account, you always have an answer. Cash deposited to your child’s Selfwealth account is a practical and meaningful contribution to their financial future.
Why choose Selfwealth for the young investor in your life
Dependable
Select a trusted platform to start your child's investing journey. Selfwealth has been established for over a decade and is based in Melbourne.
Flat-fee brokerage
Pay the same $9.50 brokerage per trade (AU and US trades), regardless of the trade size. Flat, competitive fees allow your children to invest without the burden of excessive brokerage fees.
CHESS-sponsored
With HIN-based trading on a CHESS-sponsored platform, you can rest easy knowing that your child’s Australian shares will stay with them, safely held in trust until they reach maturity.
Three simple steps to invest in your child’s future
Step 1
create their account
Our simple online application will get you set up seamlessly. Have your child's ID ready and set up a free Minor/Kids account.
Step 2
Deposit funds
Near real-time transfers from your preferred bank account via Osko, or within 1 to 2 business days via bank transfer.
Step 3
Build their portfolio
Use the free Selfwealth app or log into the desktop platform to explore shares and ETFs, plus helpful features and insights. On the app, you can also set up auto-invest, for small, regular investments.
FAQs
What is the minimum amount needed for a minor to invest?
Who owns the portfolio while the child is aged under 18?
Why is it important to choose a CHESS-sponsored broker?
What is the fee structure with Selfwealth?
What happens once the minor turns 18?