Questions? Call Us 877-598-3190 Email Us Log In Now to Trade

Custodial & Trust Accounts

Ensure a Child's Future with a tradeMONSTER Custodial Account

Children grow up fast. Too fast. And while piggy banks are good for teaching a child the value of saving, a custodial account with tradeMONSTER™ can teach a child the value of investing. Custodial accounts provide the flexibility to invest in an array of security types. Choose from stocks, mutual funds, ETFs or bonds (options are not allowed).

Custodial – UGMA

An account where a minor is the beneficial owner but is controlled by a custodian until
the minor reaches the age of majority in the state in which the account was set up.
Uniform Gift to Minor’s Act (UGMA) accounts are offered in South Carolina and Vermont.
All other states offer UTMA accounts.


Information you'll need:

Date of birth, social security number and driver's license number of the custodian and minor.


Paperwork:

None. This account can be opened completely online.

Custodial – UTMA

An account where a minor is the beneficial owner but is controlled by a custodian until
the minor reaches the age of majority in the state in which the account was set up.
Uniform Transfer to Minor’s Act (UTMA) accounts are offered in all states with the
exception of South Carolina and Vermont.


Information you'll need:

Date of birth, social security number and driver's license number of the custodian and minor.


Paperwork:

None. This account can be opened completely online.

An account in the name of the trust where the trustee controls the management of the investments.


Information you'll need:

Date of birth, social security number and address of the trustees.


Paperwork:

Trust Account Agreement signed by all trustees. (You will be prompted to print the application at the end of the online portion.) Either Trust Certification of Investment Powers or 2 copies of the section of the trust that state its investment powers.

WHY CHOOSE TRADEMONSTER

  • Rated "Best for Options Traders" by Barron's+
  • No Transfer Fees on Accounts Over $3,000
  • No Hidden Fees
  • No Minimum Funding Requirements
  • Simple Account Transfer Process
  • Stocks $4.95/trade, Options $0.50/contract*

CUSTOMER SUPPORT

Contact tradeMONSTER

We're here to help- either by
phone, fax, email or mail.

8:30 AM ET - 6:00PM ET
(Monday - Friday) at
1-877-598-3190

TESTIMONIALS

Thumbs Up!

"Your website is fantastic! You have raised the bar enormously."

- John M.

TESTIMONIALS

Thumbs Up!

"Thanks for the streaming charts...we asked for it...and you guys actually provided it."

- K.A. Daley

TESTIMONIALS

Thumbs Up!

Your customer service is the best I´ve used in a while!"

- Maggie K.S.

TESTIMONIALS

Thumbs Up!

"I definitely like the capability of making a custom spread,
which I think is good for those
who are committed to options trading and have a good knowledge of options trading."

- David K.

TESTIMONIALS

Thumbs Up!

"I love the speed!"

- Tom V.

TESTIMONIALS

Thumbs Up!

"The best thing about your site
is the ease of setting up spreads, and the graphs on the order ticket. I´ve not seen the graphs anywhere else. It´s a great tool and makes your site worth using"

- John M.

TESTIMONIALS

Thumbs Up!

"I am very with happy with
the services. Your most recent additions to the site are also
quite helpful. I am truly impressed. Keep it up!"

- John S.

TESTIMONIALS

Thumbs Up!

"I have been trading option-spreads for seven years and have just started using your paper-trade site. It is as if the blinders are off and I can see the market during a trade."

- Robert B.

TESTIMONIALS

Thumbs Up!

"I love the new spectral analysis tools! I especially like being able to adjust a trade and then analyze the effect the adjustment will have on the possible outcomes."

- Dawn W.

TESTIMONIALS

Thumbs Up!

"Always appreciate your great customer service and easy to
use order platform. I always recommend tradeMONSTER to all of my trading colleagues."

- Mike A.