Bumper offers a commission-free investing account designed for teens.
Bumper is the first commission-free investing app built only for teens. By actively managing their own investing portfolio, your teen will learn about budgeting, diversification, compound interest, and more.
Investing can seem risky and complicated. On Bumper, your teen can learn about the stock market and investing with short tips in the app and the brand new Bumper Bites.
Since investing is easier - and riskier - than ever before, it's crucial that teens learn how to do it smartly. Bumper was created to teach your teens healthy investing habits, all while making finance interesting.
On Bumper, you don't need thousands of dollars to invest in large companies. Bumper offers fractional shares, which means your teen can invest in companies like Apple, Netflix, and Chipotle with just $1.
Safety and security should be a top concern for any parent. Here is how Bumper keeps your teen safe.
As a sponsor, you have access to several safety guardrails designed to protect your teen investors. You have constant oversight over your teen's investing portfolio. You can see which investments they have made and how they are performing.
Additionally, you can approve or deny every individual trade your teen makes. Bumper will notify you whenever a particular stock is marked as volatile, so you can stay in the know on your teen's trading decisions.
For more information on safety measures, including education content and volatility notifications, read here.
All deposits and trades on Bumper are overseen by Alpaca Securities, a brokerage firm regulated by the U.S. Securities and Exchange Commission. All investing accounts created on Bumper are also insured up to $500,000 by the Securities Investor Protection Corporation (SIPC).
Bumper uses bank-grade security and data encryption to protect your information. We use the strongest browser encryption (256-bit) and use HTTPS and Transport Layer Security (TLS) protocol to encrypt your information in transit.
Your information is never sold to any third-parties and is only used for the purpose of opening your account. Bumper does not store any of your sensitive information, including your address, date of birth, and social security number.
For more information on information security and data privacy, read here.
Over 3/4 of young adults are still financially dependent on their parents. By learning how to invest in a safe environment, your teenager will develop healthy financial habits at a young age.
Investing early also enables your teen to take advantage of compound interest. For example, if your teen invests just $10/week into the S&P 500, and it achieves its historic 9.8% average yearly return, they would have over $520,000 saved by retirement.
Learning how to invest at a young age is one of the most important financial tools for a teenager. For more information on the importance of investing, read here.
There are no commissions, subscriptions, hidden fees, or bank transfer fees, and no minimum account balance is required.
Open a Bumper account in seconds.
Unlock and fund the investing account.
Work with your teen to build their investing portfolio.