Firstly, assuming you are in the UK, you can't until you are 18 anyway. Use the time until then to learn more about it. Even then, broker's fees for buying and selling can wipe out small profits. I certainly wouldn't do it with just ￡200.

Unless you really do have thousands to play with, there really is nothing better than an index-tracker fund. This is a unit trust that invests in all the shares on whatever stock market index you choose and it actually does better than expert advice 75% of the time. I've never found any reason to do anything else.

Without a reasonable amount of knowledge, you are much more likely to lose than make a profit. Even experienced investors can lose money. Suggest that you start with fantasy trading; there are a few web sites offering this - http://www.bullbearings.co.uk/how.to.pla...

Hey there my names freddie and for a while I have been thinking about maybe investing in some shares. For a start I am very young ... 15 in fact so that kinda has ups and downs as in I am living with my parents so no rent bills or anything to pay out for but the downside is I don't have bounds of money. I have been working recently though and I have got a couple hundred pounds and I was wondering if it would be a good time to invet a very small amount of money to get a small return and generate some long term profits. Any suggestions or advice would be great thx .,, Freddie