Thread by @FinPlanKaluAja1

Ok I am going to do a trend on apps you can use to invest.

I will only recommend what I use

First off, don’t invest in what you have no knowledge of, thus DO NOT buy shares without understanding how shares work, or where your returns come from.

I did a nice webinar on this. This is the YouTube link

 

To buy shares you need a traditional broker or a FINTECH app. Most brokers today also have online trading platforms. The Nigerian Stock Exchange publishes a list of active stockbrokers on their site.

ONLY TRADE WITH ACTIVE LICENSES

nse.com.ng/dealing-member…

You can look through list and select a stockbroker. Look for customer service, and if you can trade remotely and all, since all your trades will be settled in same way to the CSCS

 nse.com.ng/dealing-member…

For FinTech trading, I use three

•             Robbinhood

•             PassFolio

•             Trove

RobinHood

Very easy to use, “free” you can get automatic margin (stock loan) there is a premium service for $5 a month, you get more data.

Note: you need a US Social Security #

Join Robinhood with my link and we'll both get a free stock 🤝 join.robinhood.com/kalua1

Passfolio

Pro: US based, but can accept local enrollments if you pass validation, “Free” trades can accept local currency.

 Passfolio, I use to invest in the American market. Signup today and we'll each get up to $100 in free stock. Signup here passfolio.us/join?u=kalua

Trove

You can open an account in Naira as log as you pass validation. Local support staff by locals who understand the terrain, you also get a free share when you refer or open account.