Does anyone know of a type of trading account that I can set up for my kids, that allows higher risk trades(most seem to only let you buy a certain list of mutual funds or low risk stocks). For instance, the UGMA/UTLA doesn't allow margin accounts, so thats out. 529 plan is the same way. Is there some hidden, not too well known plan out there that has no restrictions on investments? Kids are pretty young (age 1 & 2) and I thought about putting a few K into a an account and seeing if I can trade it to pay for 2 college educations in the next 16 years. It would be nice to jump start it by making 10 or 20k the first year in a forex or futures account, but cant seem to find anything that would let me do that.