Business News
7 Platform Where You Can Buy Stocks In Nigeria
7 Platform Where You Can Buy Stocks In Nigeria
The Nigerian stock market has grown wide and thousands of individuals are turning to investment apps to enhance their trading strategies. Online stock trading apps are no longer limited by physical location, they provide convenience, accessibility, and real-time market data to help investors make informed decisions. Different platforms have surfaced in Nigeria which has got a lot of people confused about which is best for stocking. Choosing a platform where stocks can be brought from can be overwhelming.
This article contains some safe platforms, secured, and approved by the government, where stock can be brought from in Nigeria.
1. Bamboo
Bamboo is a mobile app that allows users to buy and sell stocks, bonds, and other investment products. It offers a simple and easy-to-use interface, making it an excellent choice for novice investors, and provides access to investment analysis, research reports, stock news, and market data. Bamboo allows Nigerians to invest using Naira or Dollar. Investments can be diversified by using ETFs and the minimum amount to start investing in the Bamboo app is 20 USD or its naira equivalent.
Using this app for stock trading in Nigeria can help investors make informed investment decisions and maximize their returns as it is one of the platforms where you can buy stocks in Nigeria. There are other apps t on the list so explore while you make your best choice of interest.
2. Cowryrise
Cowryrise is a savings and investment platform developed to equip individuals with the required tools to make personal financial management a lifestyle. It offers periodic savings and investments which enable automatic monitoring of savings, investments, and net worth. Cowrywise is a legitimate Nigerian investment platform with an array of investment products.
Cowryrise is entirely free to use which means you can start trading without worrying about any upfront costs.to diversify their investment portfolio. And there are different savings plans on the app that you can use to save money. This is the second on the list for platform where you buy a stock in Nigeria.
3. Chaka
Chaka is a technology solutions company that enables every business and person in Africa to access borderless digital investment and wealth management opportunities. They also support foreign investors investing in the Nigerian stock exchange market, They are reputable for giving individuals access to ETFs and Equities in over 4,000 companies globally.
Chaka is also a mobile app that allows you to invest in stocks and bonds without going through a broker, it is also excellent in that it allows its users to easily as anyone can easily understand how the apps works and start investing right away. Another great thing about Chaka is that it offers many features that other stock market apps don’t.
4. Trove
Another platform where stock can be brought from in Nigeria is Trove, Trove is Nigeria’s pioneer stock trading and investment platform allowing you to trade global stocks. It was developed to provide smart, secure, safe investments to millennials in Africa and anyone looking to make smart financial choices to secure their future.
Trove is an online investment platform that allows you to invest in global stocks, bonds, ETFs, and other securities from your phone. You can invest in any publicly traded equity, bond, or even in foreign assets. You can access over 4000+ stocks to invest in through Trove and the minimum amount required to start your investment journey is $10.
5. Wealth NG
Wealth NG is another platform where stocks can be obtained. You can explore investment options in stocks, mutual funds, real estate, and treasury bulls. Additionally, you can manage and monitor the progress of your investments along with their value. You can also access financial advice and tips from wealth managers on the platforms.
Wealth. ng is an online investment platform that lets anyone in Nigeria invest money in treasury bills, mutual funds, and real estate. You can use Wealth.ng through its website or its app. To start your investment journey on Wealth NG, you need a token amount of at least 1000 NGN. Additionally, through the savings investment options, you can earn up to 7% returns on the app.
6. Payday Investor
Payday Investor is another platform that allows investors to save money and grow returns by investing in the ARM Money Market Fund. You can track your interest daily and earn up to 15% on the app. In addition, you can automate your savings on a weekly or monthly basis. To start with Payday Investor, you need a minimum investment of 1000 NGN on the app.
All funds are automatically invested in the ARM Money Market Fund which can be redeemed when the investment has matured. You can speak to investment fund managers through the platform if you face any difficulty while picking your investment goals. Payday Investor is a simple and secure way to put money aside for the things you want. Make more profits on your investments over time.
7. Accrue
Accrue is a leading online saving and investment platform in upcoming markets. It is looking to make crypto accessible to the average individual. Accrue’s mission is to eliminate any barriers & increase accessibility to all possibilities available to everyday people through crypto. Additionally, this app allows one to protect their wealth from devaluation while building wealth through crypto investing