Can I buy shares for a minor?

CommSec cannot trade on behalf of a minor. You can however open an account in the name of an adult who will act as trustee until the minor turns 18. Once the minor has turned 18, the shares can be transferred into an account in their name.

To create an account in trust for a minor:

  • Click on the 'Join Now' link on the CommSec homepage, select 'Share Trading' and click 'Get Started'
  • Under 'Select which account you'd like to open', choose 'Trust or Minor
  • Select 'Yes' under 'Would you like to open a Minor Trust account?'

We will endeavour to open the account within 3-5 business days of your application being submitted. If there are any issues with your application we will contact you, otherwise you will receive an email with your account details and Client ID once the application has been successfully processed.


Please consider the product disclosure statement and terms and conditions document, available from, before making any decisions about the products and services offered by CommSec.

Answers others found helpful



This site is directed and available to and for the benefit of Australian residents only. © Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec") is a wholly owned, but non guaranteed, subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and both entities are incorporated in Australia with limited liability.

By clicking on the "Download the CommSec App" buttons above, you will be directed to or These sites are not affiliated with CommSec and may offer a different Privacy Policy and level of security.