Best Stock Trading Investment Apps in Nigeria – In this article, I will be listing the best stock trading apps that ensure high profitability.
Table of Contents
What is stock trading?
Stock trading is the selling and purchasing equities in other for it to grow so that you can make a profit from it. A stock trader’s goal is to make a profit from short-term market occurrences by selling profit at a profit rate or buying stocks at a cheap price.
Who is a stock trader?
A stock trader is known as a share trader or an equity trader, someone who trades equity securities. An agent, hedge, arbitrageur, speculator, or stockbroker at all examples of stock traders.
Best stock trading apps in Nigeria
Invest bamboo
Bamboo gives your free access to over 3,000 equities on Nigeria and US stock exchanges, you can access these from your mobile device. The bamboo app has a $20 minimum trading amount. You also gift someone stock gifts via the Bamboo app.
The app is available on both android and IOS
Chaka
This trading platform allows you to invest in the popular platform from around the world like Apple, Tesla, Amazon, zenith bank and many more from your mobile device
You can access the Chaka trading platform on the web as well as IOS and google play store
Meritrade
Meritrade is a safe alternative for frequent traders, the trading platform is above average interface. You can make orders from your mobile phone.
However, the platform charges higher and it’s trading balance requirement may not appeal to new investors with limited funds.
Risevest
Risevest provide an option for Nigeria’s to save and invest in dollar denomination in the US markets and other markets allowing them to receive returns make investing worthwhile. The platform allows you to invest in US stocks for as little as $10
Armstocktrade
Armstock trading platform is user friendly. In encompasses pricing charts and real time data (other systems do that too). On completed transactions, there is a 1% brokerage fee.
There is live chat option for resolving concerns.