Question: How to set up an account to trade stock as a kid?

I have been looking at different sites to buy and sell stock but Im not exactly sure how to set up an account. I am mainly looking into penny stocks which I hear are hard to buy just because a lot of sites dont let you buy them. I have looked at etrade and scottrade and Im not really sure how the whole already having a $2000 or $500 deposit works, so really I just need an explanation of how to start an account thats not extremely expensive just so I can kind of learn how trading stocks work.
Thanks

Answer:

Select an online brokerage to set up your new stock trading account. Some examples include E-Trade, Zecco, Sharebuilder and TradeKing.
Kiplinger has an online tool to help you decide which broker is best for you.
It's a good way to learn about the different brokers if you are unsure of which one to use
Create an account with your preferred online brokerage by picking a user name and password.
Your financial and personal details are also required. Be prepared to give your date of birth, Social Security number, bank account details,
your address and citizenship information. U.S. brokerages restrict new accounts to U.S. citizens only.
Wait for approval of the account. Typically, stock trading account applications are approved within 24 hours if set up on a weekday.
Some brokers require the account holder to verify his identity over the phone before the account will be approved.
Once the account is approved, it can be an additional two to four days before the account is funded from your bank account.
You cannot buy stocks until the account is funded.

First off, learn before you burn. Go to Yahoo finance (free), set up a simulated portfolio with $100k in it and start learning about stocks. Make some simulated purchases using the portfolio. Start an investment journal where you write down "why" you purchased the stocks you did. Track your performance for a few years. By that time you will have some money that you might consider investing for real and will have a good rational successful reason for your selection.

Talk to your dad.
I he has an account he can buy a stock for you in his account to help you get started.
Stay away from penny stocks.
^ my dad lost his shirt (and his bank account) with these.

You must be 18 or older to open an account in your own name.
If not, you will need a parent to open an account with you.
I do not suggest you get an account unless you have at least $1,500 to $3,000.
Or you will incurr monthly fees. You will also get hammered with commission fees.