₦airaland Forum

Firstly, Thank you so much for your contributions on this forum
You keep this area going

Please what platforms do you recommend using to trade leverage trading?


I checked out vests .
Looked like a really nice platform, tho I’m yet to explore it

I’m wondering if they have call nd put options

And can we short the market with it[/quote]For full leverage Trading. Tradezero is good, but no fractional share purchases, you buy minimum of one unit. You can visit their website or email them for more update. They have everything: margin loan, option, you can short, do day trading (if you can satisfy the terms).

On the other with reverse etf, 2x, 3x, ultra etf you sre playing leverage fir the stocks these etfs are attached to: TSLL gives 2 times TSLA move for the day.

machine606:
Yes, vest is a big improvement. Yet to take advantage of the platform.
Is Trade 212 now accepting Nigerians? I got a mail from them. Not sure yet, but it seems they have

Can you share the mail please?

yok:
Firstly, Thank you so much for your contributions on this forum
You keep this area going

Please what platforms do you recommend using to trade leverage trading?


I checked out vests .
Looked like a really nice platform, tho I’m yet to explore it

I’m wondering if they have call nd put options

And can we short the market with it

For full leverage Trading. Tradezero is good, but no fractional share purchases, you buy minimum of one unit. You can visit their website or email them for more update. They have everything: margin loan, option, you can short, do day trading (if you can satisfy the terms).

On the other with reverse etf, 2x, 3x, ultra etf you sre playing leverage fir the stocks these etfs are attached to: TSLL gives 2 times TSLA move for the day.

Thanks a lot
I’ll observe that you said about the vest etfs

And I’ll try to contact tradezero concerning their platforms

Thanks a lot

MARKET IS TOUGH
For the past 2 weeks our portfolio experienced some drawdown, personally the fall is big closer to 20% of the portfolio. it is worrisome, but it further reinforce the need to follow good trading habits (keep loses small, avoid trading close to earnings date, any stock can be sold once it hit our stop loss level even if that stock is NVDA, TSLA etc).

Despite the above we continue, the portfolio's foundation is what is still keeping us going.

Also, our being active in the Nigerian market is a consolation as that is a far easier market to invest.

Wishing all to stay motivated and protect our capital.

TARGET TECHNICAL ANALYSIS- EARLY MORNING COMMENT
Today is looking bullish and normal in the US market.

Although some Fed people are speaking, I hope they will not derail the bull. Rate cut is a must cone next FOMC meeting!!!

TARGET TECHNICAL ANALYSIS
For our Analysis at the Caucus, I am happy at the new dimensions we are going now. Our daily messages now have fundamentals undertone, whole the technicals just give us rhe finishing.

Personally I am more happy than before to buy some stocks.

For example I can close my eyes to buy a stock like Palantir. Risk to the downside us curtailed by standby orders.

Winners are in the Caucus

Please who else uses vest app? I saw only 11 reviews on the App Store and most of them were negative experiences with vest. I no want my money to hang

victor175:
Please who else uses vest app? I saw only 11 reviews on the App Store and most of them were negative experiences with vest. I no want my money to hang

I am using it.... No bad review

Willie2015:
I am using it.... No bad review

Okay thanks

GLOBAL STOCK TRADING IS GOOD BUT SOME LOCAL APPS ARE MAKING A MESS WITH UNRESPONSIVE PLATFORM

Imagine not being able to trade over 3hrs after market opens.

Chaka is a disgrace to local APPS on the issue of platform that may not open for the whole day. You email the support and there is no response. They should not be looking for brw Customers till they have solve their platform problems.

Customer service is zero.

TARGET TECHNICA ANALYSIS: MARKET COMMENT
Expect a volatile market early in the day ad CPI report for July is awaited.

So let us wait till after the report to make our decision a better one. Trading prior to a major news is for pure amateurs (we should be growing our of our retail trader mentality).

CHAKA PLATFORM IS NOT WORKING SINCE 11 AUGUST 2025, LET US SEE HOW LING IT WILL TAKE THEM TO PUT THINGS IN ORDER
Let us monitor Chaka to see when their platform start working Even if it tis he changing of their main stockbroker that is causing problem, they should respond to mails.

The Customer Service is the poorest you can ever think of.

We are protected as long as we have used them to buy shares only. Our share are in our names. The worst that will happen is that we move our shares elsewhere in case it becomes necessary.

Once the platform is okay I will inform the forum.

BEEN TRYING TO GET SOME UPDATE FROM CHAKA
Has been a little bit of a battle. Customer service response has not been that good from my side. It seems they are using AI to run their business?

And we know Nigerian ( many Niferian with few exceptions) and half measures. Probably they are yet to get the full set up properly fir the AI !!

But, I am still following up. From your end, you can let me know if you are able to get dome update on chaka's APP/trading platform?

THIS CHAKA MATTER AND TRADING PLATFORM ARE LIKE 5 $6- I NEVER NEW THEY HAD A SIMILAR PROBLEM IN 2024
So we continue to monitor them. They either come up or they transfer our account to another stockbroker. See old messages from their twitter page.

We should cool down as ong as we did not put money in their investment products, we are safe. Our shares lies with the exchange an the the main Stockbrokers (even not with stockbrokers, but with the exchanges)

update on Chaka Platform
The Guy are trying to bring back the platform. Still not okay, it can open but cannot show our portfolio as at time of typing.

So let us keep checking the platform. The people just look stupid, the problem is what simple communication would have solved this matter.

The way chaka is behaving is what has make me not to have any interest in any Local App no matter the name. All of them are nearly the same. Behaving like deaf and dump individuals nearly all the time!!!

So if you are using one local APP already, please never open account with a second one. You stay with you Nigeria stockbrokers for[b] trading Nigeria stocks, at least you can see their brick and mortal office easily[/b]. Although Chaka too is traceable, so we know they can;t disappear

CHAKA PEOPLE ARE REALLY DUMP
See the response one of them have sent. We need to follow up on this matter.

The former Managers of Chaka were more responsive than these people. We just need to control our actions for know, so that we do not refer the matter to the regulators too fast.

Let us continue to watch our capital and follow up as necessary. The industry is regulated by SEC both in Nigeria and in US. Also they are under the UK regulatory agency (I think it is FAS or something like that) and equally we can notify driveweallth. Actually, I think driveweallth was the obe that introduced me to this UD stock trading matter. I wonder why they are not in Nigeria (probably markt is too small for them)

WHAT IS THE SITUATION UPDATE ON CHAKA PLATFORM
The Support is making some promise of rectifying problem. See sone of our messages below. Tge oast one this morning.

Against, I will say, as long as we never invested money with their firm we have inly bought shares. We are safe, we do no need to panic.

If they fail to do the needful within a reasonable time,then they are joking with their business. It is either they make the platform work within a reasonable time or transfer our account to another Stockbroker/platform. We cannot be taking for granted. At least we have members of this forum, NSEMPA, our small 600 members twitter followers, our WhatsApp members to inform about the matter and aske them to take necessary individual and collective action.

So let us give them today to see what happens.

Wishing everybody a profitable day. This is why you should not just use any broker. Akso before you start trading you blended know about: SEC (both US and Nigeria side) , FINRA, SIPC etc

LET US CONTINUE TO MONITOR WHEN CHAKA'S PLATFORM WILL START WORKING
I am still following up on this matter. And as I said or as many of us would have confirmed, our share are in our names (I have received physical mail delivered to my Nigeria address on many occasions and I still get notice of meetings).

It seems we just have to wait. We know this is bad quality service from Chaka people. After reading this my link below, I believe we will understand that these people are still learning to be able to handle matters the way their Oga used to do it

But please let us be on their neck till we can start trading on our accounts:
https://techcabal.com/2024/01/29/exclusive-chaka-founder-tosin-osinbodu-exits-company-after-rise-merger/

Also I verified that Chaka is still registered with SEC Nigeria

Wising all the best. By the time they start loosing clients later probably the new Guys will learn.

So conclusions, your shares are safe, platform not working due to inefficiency or probably inexperienced of current people running the system (too bad, Nigeria factor at play)

CHAKA PLATFORM OPENING THIS MORNING-BUT NOT YET 100% OKAY
So we continue to follow. Please your account is your money and you can talk or protest if someone try to mess up your money.

Let us continue to email these people till they resolve the problem. They are charging us and making money from our transactions so they should give us service.

They can only get our respect, when they also respect our rights.

Let us continue to be vigilant.

yok:
Firstly, Thank you so much for your contributions on this forum
You keep this area going

Please what platforms do you recommend using to trade leverage trading?


I checked out vests .
Looked like a really nice platform, tho I’m yet to explore it

I’m wondering if they have call nd put options

And can we short the market with it

For full leverage Trading. Tradezero is good, but no fractional share purchases, you buy minimum of one unit. You can visit their website or email them for more update. They have everything: margin loan, option, you can short, do day trading (if you can satisfy the terms).

On the other with reverse etf, 2x, 3x, ultra etf you sre playing leverage fir the stocks these etfs are attached to: TSLL gives 2 times TSLA move for the day.

do they accept Nigerians? Funding and withdrawal easy? And in naira? Are commissions reasonable? And app is stable? Those are d basic concerns U did not hint us about not just eecomending

yom2:
do they accept Nigerians? Funding and withdrawal easy? And in naira? Are commissions reasonable? And app is stable? Those are d basic concerns U did not hint us about not just eecomending

TRADEZERO OR VEST INVESTMENT
I don't know which of these you are asking about. Fir Vest, read previous posts, you will get enough fact about them.

Fir Tradezero Will call this a top end full American stock brokerage. Visit their website fir necessary information. The only thing I will say is that they are for people who can afford q minimum of $2,000 as deposit (if you are in America you need less money as you can go with their minimum deposit requirement).

They accept Nigerians, but the last time I checked, you can only wire money to them, Naira is not acceptable and ni use of ATM card. If you can afford them fine.

I am not recommending anything, go to their websites email them (they are not like our nearly useless local brokers, they will attend to every email you send and even asked if you are satisfied with the answer).

yok:
TRADEZERO OR VEST INVESTMENT
I don't know which of these you are asking about. Fir Vest, read previous posts, you will get enough fact about them.

Fir Tradezero Will call this a top end full American stock brokerage. Visit their website fir necessary information. The only thing I will say is that they are for people who can afford q minimum of $2,000 as deposit (if you are in America you need less money as you can go with their minimum deposit requirement).

They accept Nigerians, but the last time I checked, you can only wire money to them, Naira is not acceptable and ni use of ATM card. If you can afford them fine.

I am not recommending anything, go to their websites email them (they are not like our nearly useless local brokers, they will attend to every email you send and even asked if you are satisfied with the answer).

ok thanks

TARGET TECHNICAL MARKET UPD
Market started the day on a risky note. But towards the close many stocks improved.

Today, we bought CONY

Wishing everybody the best.

TARGET TECHNICAL ANALYSIS MARKET COMMENTS
Market is currently down.

If we are not ready to play in the medium timeframe better to stay out of the market.

WHAT CHAKA HAS DINE CAN NEVER HAPPEN IN A GLOBAL FIRM OR EVEN IN WELL ESTABLISHED NIGERIA BROKERAGES
It still beats my imagination that a stockbroker can lock out clients from having access to their accounts for over 2 weeks or more!!!

This is one if the reasons when we laugh at people that says they are using the FinTech APPs for Nigeria stocks, it is just not necessary. There is no way these other APP will match the quality of service from the like of MORGAN CAPITAL OR UNITED CAPITA it is impossible!!

Meanwhile we continue fir Chaka to sort ozt their mess.Again I will say probability this matter is not getting escalated as they are just Stockbroker's (but a sub stockbroker, so they had a supervising stockbroker formerly Driveweallth).

So I want to emphasis again, we did not invest in their firm, our investment is in varios stocks and the final regulator or Custodian of our stock is SEC (Securities and Exchange Commission either US, or Nigeria Version CSCS/SEC).

We can see that some firms very unreliable Client service

MARKET UPDATE/WHAT I BOUGHT

The FOMC meeting minutes is out, it looks neutral, but the market seems to be happy with it.

This is Jackson Hole delivery from Powell, we are not expecting something different from this. With so much Political pressure on rhe Fed, Powell seems to have no option, but have to make Trump and the business community happy.

Thus, we can resume buying our favourite stocks little by little. I bought _ _ _ _(details for Caucus only), today and it was instant gain (was following the market closely) and I am ready to hold for medium timeframe, this us just a term for the fact that I am ready to absorb sime 20/25% on this trade if necessary. Thanks to commission free trading from VEST.

FOMC meeting minutes for July
29-30, 2025, here are the main points:
* Interest Rates: The Federal Reserve kept its key interest rate unchanged.

* Growing Disagreement: Two policymakers voted against the decision, calling for a rate cut. This is the first time since 1993 that more than one person on the committee disagreed with the majority.

* Economic View: The Fed noted that economic growth has slowed down in the first half of the year.

* Inflation: The committee is uncertain about how new tariffs will affect inflation and is taking a "wait-and-see" approach.

* Future Policy: The minutes suggest a divided view on when to cut rates, with some members seeing a path to a cut and others remaining cautious due to elevated inflation.

Watch Oracle.
Steadily heading downwards, 215 key levels. Plan entry points. A good buy for the long haul.

Hello all,
I'm trying to download an app for trading US stocks. I ant seem to find vest on my app store. Can someone pls share a screen shot what it looks like or recommend any other app I can use. Thanks

layzie:
Hello all,
I'm trying to download an app for trading US stocks. I ant seem to find vest on my app store. Can someone pls share a screen shot what it looks like or recommend any other app I can use. Thalnks

---+---++++++++++++
In google app type: "vest". Pick the one marked here.

If you search the old message you will see how you can deposit Naira at Vest.For best experience it is vetter to start with a deposit tat is not less than $100, that will be around 160k.

Wish you the best