Top 5 Investment Apps for Beginners in Nigeria

Top Investment Platforms in Nigeria

1. Bamboo
   A popular investment platform that allows Nigerians to invest in US and Nigerian stocks with as little as ₦1,000 or $10. Bamboo offers fractional investing, real-time portfolio tracking, and SIPC insurance up to $500,000.

   • Fees: 1.5% commission

   • Minimum Investment: $10 or ₦1,000

   • Features: Automated savings plans, access to over 3,000 US and Nigerian stocks

2. Chaka
   A SEC-regulated stock trading app that allows users to invest in Nigerian and international stocks, ETFs, and treasury bills with a minimum investment of ₦1,000 or $10.

   • Fees: 0.5% or ₦100 starting fees

   • Minimum Investment: ₦1,000 or $10

   • Features: Access to over 5,000 US and Nigerian stocks, no maximum investment amount

3. Trove
   A diversified investment platform offering access to over 10,000 Nigerian and foreign stocks, ETFs, bonds, and cryptocurrencies with a minimum investment of ₦1,000.

   • Fees: 1% trading fee

   • Minimum Investment: ₦1,000

   • Features: Trove Social, Earn by Trove, USD Virtual Card, and Stock Gifting

4. Risevest
   A dollar-based investment platform that offers expert-managed portfolios in US real estate, stocks, and fixed-income assets with a minimum investment of $10.

   • Fees: 2% management fee

   • Minimum Investment: $10

   • Features: Managed portfolios, dollar protection against naira devaluation

5. PiggyVest
   A savings and investment app that offers automated savings, fixed deposits, and diversified investment opportunities with a minimum investment of ₦5,000.

   • Fees: Vary depending on the investment plan

   • Minimum Investment: ₦5,000

   • Features: Automated savings, fixed deposits, diversified investment opportunities

How to Make Money with Survey Apps in Nigeria

Although specific survey apps weren’t mentioned, here are some general tips for earning money with survey apps in Nigeria:

• Research and sign up for reputable survey apps that offer cash or other rewards.

• Complete surveys honestly and thoroughly to maximize earnings.

• Take advantage of referral programs to earn extra rewards.

• Cash out rewards when minimum thresholds are reached.

Other Popular Investment Apps in Nigeria

Some apps that offer alternative ways to make money include:

• Cowrywise: A savings and investment app offering up to 16% return on investment.

• Carbon: A fintech company that offers loans and investment opportunities.

• Afrinvestor: Allows users to invest in stocks and treasury bills.

• i-invest: Allows investment in treasury bills and Eurobonds.