best online trading apps in nigeria

10 Best Online Stock Trading Apps In Nigeria

Investing should be a habit everyone should indulge in. If you are looking for the best among the top online stock trading apps in Nigeria, then we have the list ready for you.

Stock investment is one of the most profitable investment ideas in any part of the world including Nigeria. Purchasing a stock is owning a percentage of ownership in the company. Most times, businessmen and women always buy stocks from companies online or through stockbrokers. By buying it, they become shareholders of the company and also have some rights according to the term of the agreement.


A stock is a security that represents the total stake an investor has in a company. Both investors and companies have a mutual benefit. The company wants to make a profit and to do that successfully, they need funds which an investor can provide. For investors, investing in stock is one of the ways to ensure that money is not idled. This way, they will be able to grow their money.

top online stock trading apps in nigeria

Investing in stock is a big decision that is almost difficult to make considering how volatile the market can be. Notwithstanding, some experts know what they are doing. Before you buy a stock, you might need to discuss with a broker the risks and rewards surrounding a business.

However, you have a choice, specifically two options. You can invest using an online stock trading app but have certain disadvantages. Among them is the ease of investing which could go wrong considering everything is set with a push of a button. Meanwhile, you need the time to think of your other needs and you might make the mistake of committing too much to this venture.

You will also get a personal relationship with a broker like you would have gotten if you had used an expert broker. Also, it can become very addictive. All these are among the challenges that could crop up while you are trading using an online trading app. Meanwhile, you need a clear purpose to be able to know when to invest and when to cash out. Most online trading apps allow investors to put their money into income-generating securities such as stock, index fund, bonds, ETFs, Mutual Funds,

Using traditional brokers is also an option. With a traditional broker, you can enjoy certain privileges such as financial advice and smart moves when it matters the most. The downside is that they deal mostly with rich or wealthy people and their service charge is quite high than an online stock trading app.

Whereas, on the app, you only pay a small service fee. You decide when to place your deals and can also enjoy this special feature called set-it-and-forget-it Robo-advisory service too.



Bamboo’s online trading platform is a place where to buy and sell Nigerian and U.S. stocks. The online trading app understands how difficult for investors to invest, and having a platform that you can access from anywhere is a welcome idea.

No more restrictions, you can finally buy stock of top local or foreign companies with just a few taps on your device. Besides, America has one of the best stock exchange markets in the world and is estimated to trade over 3 billion shares every day. Thanks to bamboo, users will now be able to own shares in top companies listed on the app. On the trading platform, you can invest in over 3,000 stocks right from anywhere in Nigeria.

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To get started, all you need is your Bank Verification Number (BVN) and Contact details, then you have a Bamboo account. Brokerage fees for stock transactions are 1.5%.

To ensure that nothing happens to your capital, your funds are protected up to $500,000 by FINRA and SIPC. With this information, you can start trading knowing that nothing could hurt your funds.

Bamboo app is available on Google Play Store and App Store.



Investnow is the place to be if you want an Integrated online web and mobile apps platform where you can trade and monitor your stocks. The platform is owned and managed by United Capital Plc and via it, you will be able to fund your account, hold on to your funds until you are ready to trade, view portfolio holding balance and many more.

Aside from stock trading, other products available on Investnow are Money Market Fund, Heritage Trust, UTrace, Nigerian Eurobond Fund, Nigerian Diaspora Trust, and many more. For a better experience, the firm has an app available for download on App Store and Google Play. The brokerage fee on Investnow is 1.35% and you can get started with at least N50,000 or its worth in stock.



Trove has made it simple for everyone to earn money by investing in profitable companies in China, the USA, and Nigeria. It is common knowledge that the average Nigerian can not afford to buy 1 share of the company they want to invest in, Trove now let everyone invest in bits, thereby forming part of a bigger stake.

With capital as low as ₦1,000 or USD10, you can start trading in not just stock, but other income-generating securities such as stock, bonds, ETFs, and more (Local and Foreign). Brokerage fees for buying and selling local and global stocks are 1.35% and 1% respectively.

It also has an app that could give you a better trading experience. With the Trove app, you have almost everything to help you become the kind of investor you want to be. Customers can get the app on both App Store and Google Play at no cost.

The company is currently in partnership with top companies such as ARM, Sigma Securities LTD, DriveWealth, VFD, and Microfinance Bank. This move was made to ensure that customers have nothing to worry about when it comes to the pooled funds.



Meritrade is one of the best when it comes to the list of top online trading apps in Nigeria. It helps you invest without any inconvenience, thanks to their free-flowing mobile and web platform, thereby allowing investors to trade wherever they are.

You can start trading on security with a minimum capital of N10,000. Opening an account on Meritrade will require KYC documents such as a valid ID card, Signature, Proof of residential address, and Passport Photograph which can be scanned or taken by a camera with a high Mega Pixel. Meriteade’s brokerage fees for buying and selling stand at 1.35%.

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On the website, you will find the links to where you can download Nigeria’s trading app on your device. Alternatively, you can visit your app store to install it directly.


Chaka is all about making it very easy for everyone to benefit from investment opportunities, no matter what part of Africa they are. As a Nigerian, with the online stock trading app, you will be able to trade in local and international stock markets.

Once you have successfully created an account and deposited on the Chaka online trading app, you can now invest in top organisations, companies, or enterprises like Dangote, Tesla, Manchester United, Google, Guaranty Trust Bank, and even more. There are over 4000 stocks available for you, a shred of evidence that there is almost no limit to how much you can make by investing through Chaka. is owned by Chaka Technologies Limited, a registered business under CAC. Brokerage fees for buying and selling local stocks are charged at 0.5% while foreign stock is 1%.

Like all online stock trading app on this page, you can also download their official apps through the website or go to your phone app store.

Website: is an online trading app in Nigeria that offers you an easy way to invest money in Nigeria. On the online platform, you have lots of investment options such as Treasury bills, Bond, Stock, Agriculture, Real estate, and more. If you have been looking for a one-stop-shop, then Wealth NG is exactly what you need.

The online investment marketplace is the platform you can trust if you do not want to deal with the paperwork and prolonged requirements. Since you are most likely on this article for stock investment, you can easily purchase your own fraction and earn up to 15% on your investment. is a subsidiary of WealthTech Limited and is duly registered with the Corporate Affairs Commission (CAC). Once you are ready to roll, you can fund your account through a bank transfer. There is no minimum opening balance and you pay 1.35% for the online brokerage service. mobile app is available on the Android and iOS platforms. Visit your store to download the app on your phone.


Afrinvestor is an online stock trading and investment platform for individuals and companies who want to trade. Website users can carry out trades, monitor performances, and access quality content and tips that could help as they make their investment decisions.

Like most commercial banks in Nigeria, the trading app also allows you to open an account with them. The accounts that can be opened consist of Afrinvest Pop Account, Afrinvest Groove Account, Afrinvest Classic Account, Joint Account, and Corporate Account.

There are charges labeled on online payments. All deposits not more than N133,333.00 will attract a 1.5% fee. Anything above that will attract N2000.
Charges on Treasury bills transaction has a fee of 0.35% which is prorated and a brokerage transaction fee of 1.35%. Wallet can be funded via debit card, funds transfer, and Cheque or cash deposits.

The e-bills payment gateway also charges N105 for any transaction carried out using their platform. Do note that these investment opportunities are not only for Nigerians, you can take the bull by the horn wherever you are.

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When attempting to open an Afrinvestor, you will need to carefully complete the online account opening, provide ID, proof of residential address, passport photograph, and a copy of your signature.


ARM StockTrade

Trading online is no longer as difficult as it used to be as users now have lots of apps that make it simple, and among them is ARM Stocktrade. The mobile-friendly app is perfect for trading anytime and from anywhere you are. Investors are provided with various tools and well-researched analysis of the market as they aim to invest and make more money.

The benefits include a User-Friendly platform, quick execution, easy control over the portfolio, instant notification, and the convenience that comes from trading on the Go. Account opening is easy, which can be carried out on their website. Customers will be required to provide Know-Your-Customer documents that should be uploaded or sent to their email address.

ARM STOCKTRADE’s brokerage fee is 1% on any transaction executed. Aside from the brokerage fee, you might also be charged a Statutory Fee. To start trading, you need at least N50,000.


Stanbic IBTC E-Trade

Stanbic IBTC, of course, needs no introduction in Nigeria, and their e-trade also should never be in doubt. Stanbic IBTC E-Trade provides an online stock brokering service for anyone that wants to make money by investing in stocks. On the platform, you can easily monitor performance and decide when to buy or sell with just a push of a button.

Nigeria’s online trading platform is available anytime. To enjoy other benefits, you can simply register online by visiting their stockbroking platform. You will be able to choose between individuals and corporate accounts.

The amount required to start trading is N5 million naira only. Brokerage fees for buying and selling of stocks are charged at 1%.


APT Securities and Funds Limited was established on June 10, 1991. However, it was acquired by another in 2001 and operation commenced 2 years later. The company has the backing of the Nigerian Securities and Exchange Commission (NSEC) and also an active member of The Nigerian Stock Exchange.

The online stock broking firm aims to provide sound service to all investors who are looking to buy and sell stocks. Apart from brokerage service, other services users can access are Financial Advisory Service, Nominee/Custodian Service, Share Certificate Verification, Research & Securities Analysis. Online account opening is available on the website.

Depending on the units, users can be charged up to 4% of the total transactions. It could also be lower but the number of shares they can buy or sell should be at least 100. When you give an order to buy or sell shares, the stockbroker carries out the transaction through the NSE’s trading floor.


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