Although they could earn points for prizes on the site by playing related educational games, no money was exchanged. And in two weeks, the site's stock buying game will no longer involve funny money. The power of our content has also brought us some co-branded deals. He did not give any more details on the co-branded deals because they have not been announced yet.
Parents approve the account and often supply the money.
If the company has its way, MainXchange will not be the only place teens will be able to buy stocks. The next step is to establish deals with online brokerage houses. Although nothing is signed yet, iCanBuy is in talks with online trading outfits such as OneShare , NetStock Direct , FirstShare and DripCentral . These companies allow buyers to purchase small amounts of a company's stock, sometimes directly from those companies. Like Stobaugh, Steve Carpenter , who heads up strategic partnerships at iCanBuy, also has no reservations about teens buying products and company stocks online.