Nigeria is a country that has been in economic turmoil for quite some time. This is because of the rapidly fluctuating currency and also high unemployment rates.
With the average Nigerian earning ₦37,000/$89.87 per month and living below the poverty line, Investment can be a good way to earn extra cash or even become rich if done right.
The problem is, there are various investment platforms in Nigeria, choosing the best can be difficult especially with all those new companies emerging on a regular basis and promising the same thing.
This article will talk about the 7 best investment platforms in Nigeria that can be leveraged to kickstart your investing journey!
7 Best Investment Platforms In Nigeria
First on our list is the Bamboo stock investment app that’s based on both Nigeria & the United States stocks, designed with Nigerians in mind.
For as low as $20, you can start investing in big companies (Amazon, Tesla, Google, Apple, Microsoft, and others) stocks without any hassle. What you have to do is download the app, sign up, fund your account, trade, and track your profits.
Bamboo is also a member of the Nigeria Stocks Exchange Commission (SEC) and the United States Securities Investor Protector Corporation (SIPC), which means your funds/investments are safe and secure.
- Smooth and intuitive sign-up process
- Easy to use interface
- Instant trading
- Unprecedented access
- Safe and secure trading
- Fractional investments
I-invest is a Nigerian digital investment platform that allows both beginner and budding investors to invest in commercial, Eurobonds, fixed deposit notes, securities, and treasury bills without the interference of a broker.
It is one of the most preferred investing apps in Nigeria that allows access to an endless pool of investment opportunities on a safe and secure platform.
- Investment performance tracking
- High ROI, competitive rates & fees
- Regulated products
- Tight security
- Multiple equities
- No-limit transactions
Risevest platform offers an intuitive way of investing in dollar-denominated equities that beats inflations and aims to manage your funds virtually in various dimensions.
On Risevest, you just have to put your money to work and let it work for you. Not only can you easily invest in stocks, but you will also receive the best financial decisions for free.
You can invest in stocks and other equities, you can also save or invest your money in dollars which will help protect your funds against the fluctuating Nigerian naira.
- Free financial advice
- Investment automation
- Saving up in dollars
- Low-cost investment
- End to end encryption security
Trove is yet another worth-mentioning investment platform recommended for you.
With Trove, you will be able to invest in stocks from various countries such as China, The United States, and Nigeria.
Even if you’ve never bought a stock or bond before, you can invest in stocks, bonds, and more with the knowledge and confidence you need to succeed.
Furthermore, Trove allows you to create a personalized portfolio list by adding stock quotations, commodities, ETFs, and bonds that you are most interested in, allowing you to obtain real-time information on them.
- Simple and easy to use
- News and analysis
- Real-time data update
- Secure and trusted security
- Personalized portfolio
- More advanced tools
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Crowdyvest is a private community that connects members to high-yielding impact investments.
The platform was built with the sole aim of promoting agriculture and farming in general in Nigeria.
You can invest in certain farm or farm products, you will then be able to accumulate certain percentages once the profit has been yielded.
Using the user-friendly design app, enthusiasts and investors can keep track of their investments in real-time. Giving them feedback on their performance.
- Impressive profits rate
- Safe and secure platform
- Insurance on capitals
- Flexible payment options
Piggyvest is a powerful platform that combines both online savings and investment features in Nigeria.
Piggyvest has various equities you can invest in, such as farming, real estate, commercial papers, livestock, and transportation for as low as ₦1,000 – you can also save up the money you don’t want to use for a specific period of time.
Either daily, weekly, or monthly savings, profit yielded can be put to better use in its investment area through your actions.
- 256 SSL security encryption
- Investments and Automated savings
- No deposit fees
- Investments as low as ₦1,000
Last on our list is Ziing, an investment app on a mission to make saving and investing easier, and to put you on a path to financial independence.
You will have full access to the right tools and tips to succeed as an investor, regardless of your experience.
On Ziing, you can set personalized goals, automate deposits and just watch your money grow on autopilot mode.
- Deposit and investment automation
- Encrypted security
- Save up money
- Access to top tier trading tools and tips
- Competitive interest rate
And that’s it for our best investment platforms in Nigeria, all the listed apps are recommended if you are keen on becoming a successful trader.
Just make sure to do your own personal research before diving in so as to cut the risk of losing money to a minimum.
Feel free to drop a comment if you have any questions that are unsolved with this article.