The Best Investment Apps in Nigeria (I)
Investment apps are mobile applications that provide exciting opportunities for individuals to invest, track their investments and grow their wealth. With the surge in fintech companies offering various digital applications for swift investment opportunities, choosing the best options amongst the numerous offers available in the digital space can be quite exhausting. However, identifying the best will make your investment journey worthwhile.
Before the advent of the internet, people had telephones with which they could use to call their stockbrokers to place orders to buy or sell stocks. Many thanks to digital technology, people can now invest in successful businesses from the comfort of their home, office or wherever they are. Investment apps are available for every category of investors including stock traders and angel investors. This article, however, provides insightful information on the best investment apps to consider, including their features.
Bamboo
Bamboo is an investment platform founded by Yanmo Omorogbe. The app features over 3000 stocks listed on the Nigerian Stock Exchange and the U.S. Stock Exchange which users have unrestricted access to. Users can fund their account with Dollars, Naira or their local currency to start trading. With Bamboo, you can start investing with as little as ₦15,000 in any company of your choice.
Features
* Bamboo provides unrestricted access to over 3000 Nigeria and US stocks.
* Offers secure trading by ensuring all your trades and positions are insured by the SIPC and FINRA up to $500,000.
* Offers an opportunity for users to fund their accounts with both Naira and Dollars.
* Offers a simple dashboard for users to track investments.
Download Bamboo android app and IOS app.
Wealth.ng
Wealth.ng is an investment market place that offers investment options with competitive returns across a wide range of asset classes. Wealth.ng makes it easy for users to invest money in treasury bills, stocks, mutual funds, agriculture, and real estate.
Features
* Access to a bouquet of investment products that are worth your while,
* Expert wealth building advice from seasoned wealth management experts.
* Competitive returns on investment.
Download wealth.ng android app and IOS app.
Cowrywise
The Cowrywise app offers multiple savings and investment plans, with up to 15% interest on savings per annum. This platform also allows users to invest in mutual funds, and also earn by compound interest.
Features
* Includes Federal Government Eurobonds (Dollar-denominated) and a range of mutual funds ranked according to perceived risk levels.
* Users can start with a minimum starting balance of ₦100
* Flexibility in funding your account with any Nigerian bank, either manually or automatically.
* The investment program allows users to invest a fixed amount regularly into a mutual fund daily, weekly or monthly.
* Offers a simple dashboard to track investments and returns.
Download your Cowrywise android app and IOS app.
Farmcrowdy
Farmcrowdy is a leading agriculture investment platform in Nigeria that provides users with the best opportunity and tool to invest in agriculture. Investment offers include poultry farming, fish farming, and food crops. With Farmcrowdy, users do not need to be directly involved with the running of the farm. With your investment, Farmcrowdy funds a farm and provides the necessary tools, seedlings and fertilizers to boost production.
Features
* Offers a platform for users to monitor their investments,
* Offers flexible payment options.
* The investment cycle runs for a period of 5-12 months.
Download Farmcrowdy android app and IOS.
However valid these apps are, you must find your strength, whether in stock trading, agriculture, or real estate and diversify your investment portfolios.
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