Mustachian Post Community

Degiro Terminates Minor/Custodial Accounts

Investing / Brokers

2plus2is4 August 17, 2021, 4:16pm 1

Hi folks,
I received an email earlier today from Degiro that they will stop offering services for minor accounts in Switzerland as of the 24th of September 2021.
Any suggestion on alternative brokerage accounts for minors would be appreciated. It looks like IB’s UGMA/UTMA account is only for US residents.

Neville August 17, 2021, 4:20pm 2

What is the definition of a minor account?

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