Stockpile is an online brokerage account designed for parents who want to give their children a leg up in personal finance.
By opening a custodial account for a child or teen, parents can help kids learn the ropes and also invite friends and family to purchase gift cards for stocks as presents at birthdays, holidays, graduations and other special occasions.
Stockpile offers both individual and custodial taxable accounts, but we do not find the individual account to be worth consideration for adults, even beginners. While a key draw for Stockpile previously was its lack of fees, it moved to a paid membership structure in Aug. 2022, with monthly memberships now starting at $4.95.
Even beginners would be better served with a platform like Robinhood or Acorns. The true value of Stockpile lies in the custodial taxable account, often an afterthought at other brokerages but the real differentiator for Stockpile.
Stockpile Account
Best for Kids and Teens
2.5 out of 5 Overall
Key Features
Stockpile gift cards Fractional shares Crypto trading offered
Stockpile enables parents and other adults to purchase stock gift cards for young learners. These gift cards can be used to purchase stocks and ETFs, with adult approval of every transaction. While the site is a great option for children looking to learn the ropes of investing, with a limited number of stocks and ETFs (and not much else), Stockpile is really lacking as
