It's not an issue, and it's a good learning point at that age on how he can save his money and spend it wisely. If ever he has some savings and he'd rather use it on trading then, what is wrong with that? It's better than just buying the premium on some console games, and who knows if he could increase his money by trading.
I say, just guide him. You should not stop a kid that is already willing to do it, maybe he is just different from others and just needed some guidance to learn more. I'd prefer that way, than gambling or spending in Robux which most kids play now. There are no returns from those platforms.

Trading simulator! What is more important is to get the concept of trading first-hand. The KYC and other legal stuff will come later on.

Unless otherwise they are given the correct information of what to do and what not to do in the first place. Come on! Life is big risk in itself.

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In my opinion, it's not a bad idea to teach your friend kid about trading or finance in general, as long as they are given correct information on controversial topics like "money".

When I was 18 or 19, I learned the basics of trading and investing through an online game called "CASHFLOW Classic" by Robert Kiyosaki. The premise of the game is to mimic real-life scenarios of growing your wealth from scratch. You are given a dream to escape the "rat race," and you must do everything you can to grow your money passively by earning through incomes, trading stocks, investing in properties, etc. I think this is probably the best approach to teaching someone the basics of "financial education" because it's more fun and enjoyable than diving into trading right away.

Afterward, your friend kid can use a trading simulator like this basic one^[2] and later progress to a more complex^[3] trading simulator. You can't just teach someone all the jargon involved in trading without them seeing a visual representation of what's happening when they buy a crypto/stock at a lower price and sell it later at a higher price.

[1] https://www.richdad.com/products/cashflow-classic
[2] https://bitcoinflip.app/
[3] https://cryptoparrot.com/

When I was a kid in age 10 - 15 years old, my parents mostly did not allow me to touch money. They bought food, juice, water and other things I need for my life and my education, they did it because they want to protect me from many risk related to money.

They did give me very small amount of money each day just because they wanted me to enjoy childhood fun like buying a candy, ice cream then enjoy eating it with friends at school. That's all and with such small money, I can not do anything else.

I don't agree to let your kids knowing about trading too much as they have yet been able to earn money and at such ages, they should concentrate on learning. That is better for their later lives. They should have time to enjoy most interesting time in life of each person.

If parents can not control themselves in trading, why do they think of exposing their children with trading and believe that their children will be able to control emotion.

Depends on your country's law OP. Most countries are requiring 18 as its minimum. Nonetheless, if someone below 18 years of age is addicted to charts and technical analysis and was doing well, the guardians or parents can simply create an account for the kid to use it. If doubtful like your concern OP then why not make him a demo account for him to prove if it is worth it or not? Or you can even provide a real account but with only a minimum balance. Binance minimum spot trade is $10 or $20 only. No leverage trading, of course, otherwise the kid is just biting more than it could chew and must rather focus at school.

It varies from one to another but it is depend on the child’s willingness to deal with money, profits and losses.
what is most frightening is that the child’s psyche is affected by trading so that he becomes frustrated if he loses or euphoria and waste money if he wins, so it is better to ask him to learn using modeling, which enables you to trade with money It is not true, and thus developing his skills while learning some skills that enable him to generate income, and then, after he is ready, he can start trading.

about legal if your child cant open account before 18 then it it is illegal to trade, some CEXs will not allow him to start trading.

If the child has a desire, then he will try to do this with or without your help, and in this case, let it be better now under your supervision.

Try to find and buy trading textbooks for him, it will take some time for him to learn. Here are some good books for this:

- "Reminiscences of a Stock Operator," written by Edwin Lefèvre
- "The Intelligent Investor"
- "Market Wizards" and "The New Market Wizards." Both books consist of interviews with some of the most successful traders of the past half-century
- "The Disciplined Trader: Developing Winning Attitudes" written by Mark Douglas
- Trader Vic II: Principles of Professional Speculation, written by Victor Sperandeo
Source: https://www.investopedia.com/articles/personal-finance/090216/top-5-books-become-professional-trader.asp

By clicking on this link you will also see links to Amazon where you can buy these books.

Try to explain him that you can only become successful in trading if he has enough knowledge for this. Let him learn all the available information, and then try. Explain to him that this is a difficult task and involves great risks.

Let him succeed!

In terms of legality, A minor is not allowed to trade especially on US base exchange due to their policy. But he can always trade on exchange that doesn’t have KYC requirements like DEX or P2P trading.

I don’t mind my kid exposed on risk but with some limitations on how much many he can risk on it. This actually good to open his mind about the danger on trading so that he will be more careful by the time he grown up.

Unless you want to teach your children about Rich dad poor dad too soon, you won't need to teach them about trading when they are immatured.

I actually interested to teach young minds who have carried such eagerness and interest. In fact, they are not too young to grasp ideas from what we taught to them to think that we are wasting our time. Well, the idea is just about learning to trade and it was okay, but if it needs to do actual trading and create an account, this could be a problem, especially if they are asking for KYC. I know that there are exchanges that never require KYC which is an avenue for them to practice more and do trading. Just like the normal thing we do, start with small amount and keep that limit until they become ready to big responsibility.