Introducing Fidelity Youth™
A free app1 that empowers 13–17 year-olds like you to take control of your own money.
Get your parents to open an account for you, download the app, and we’ll give you $50 to get started. Terms and conditions apply.
Don’t let your gift cards go to waste.
With the new Fidelity Youth™ app, you can trade in unused gift cards for cash to save, spend, or invest. Learn how to get started.
What is Fidelity Youth™?
Fidelity Youth™ is an app designed to help teens ages 13 to 17 manage and invest their money while developing lifelong money skills and habits.
The app is where teens can access the Fidelity Youth Account: a teen-owned brokerage account that comes with a debit card. With Fidelity Youth, teens can save, spend, and invest all in one account. Parents can also use the app to monitor their teen’s Fidelity Youth™ Account, send money, set up allowance, and learn alongside their teen.
What is the Fidelity Youth™ Account?
- The Fidelity Youth™ Account is a teen-owned brokerage account that comes with a debit card. It is not a joint account or a custodial account.
- The Fidelity Youth Account will allow a teen to save, spend, and invest in a single account.
- The Fidelity Youth Account has no subscription fees, no account fees, no minimum balances,1 and no domestic ATM fees.2
- The teen is the owner of the account and has control over it (i.e., they are the sole decisionmaker, not the teen's parent or guardian).
What securities is my teen able to invest in?
Teens can invest in:
- Fidelity mutual funds
- Most US stocks
- Some exchange-traded funds (ETFs)
Teens cannot invest in:
- Third-party mutual funds
- Corporate bonds
- Municipal fixed income securities
- Certificates of deposit (CDs)
- Leveraged and inverse ETFs
- FILI Insurance products
- Penny stocks (stocks valued at $5/share or less)
- International stocks
- Foreign currencies
Additionally, teens cannot engage in options or margin trading or short selling, or participate in a company's IPO.
Investing involves risk, including risk of loss.
You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund’s sponsor, have no legal obligation to provide financial support to money market funds and you should not expect that the sponsor will provide financial support to the fund at any time.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917