₦airaland Forum

stockbull:
#NIGERIAN STOCK EXCHANGE
we need to understand the market direction of the nigerian stock exchange this year before we release any pick. Note that investors are not fully resumed.still joining the indicators and analysing our last five stock for average investors

Please what app would you recommend for trading/investing in Nigeria Stocks

Good evening,
Please what app is best for Nigerian stocks in terms of ease of use, charges, funding and withdrawal. Recommendations would be appreciated.

Good afternoon everyone,
Please for Nigerian stocks, which app is best I know of Trove, Chaka, Iinvest. Your Recommendation would be appreciated

mikol:
I am sorry I don't have a clue too as I am also new to it. I have only opened an account with those three I mentioned but have not started to fund yet. Wanted to fund Chaka to start with but got to discovered that my account is still on verification. This is taking ages! Pulled a call to the customer service yesterday to find out what the position was but just for him to tell me they are waiting for cscs go generate a no. Very fustrating to me. Since I am not too sure if Trove has the same charges as Chaka, I decided to settle for Chaka which I know charges 1%. How long did it take you during the document verification process for your account to be completely verified?

It took like two days on trove but it was almost immediate on bamboo or I just didn’t notice cos I opened it but didn’t fund till 2 weeks ago.

seyisanya:
I use both, but I use Chaka more. Although they both have same transaction fees as you stated, Chaka has more to offer at the moment.

-You can cancel your order on Chaka IMMEDIATELY in case you change your mind, but you will have to contact customer care to do the same on Trove.

-You can make direct USD deposit into your trading account on Chaka even if it's $1, but on Trove you need at least $1000(I stand to be corrected), and again you have to contact customer care for the transaction to be executed. This is very important to note particularly if you have access to your own USD because the exchange rate is now crazy due to the ongoing situation.

But for the sake of objectivity, Trove has a better interface. So now, it's time to make a choice. HAPPY INVESTING!

Thank you so much for your detailed response. I also noticed the nicer UI on trove. As regards having to contact customer service for certain transactions, what their response and resolution time frame please. If it’s fast enough, I think I’ll go Trove.

mikol:
I don't have bamboo. I only have Trove, Etoro and Chaka. I am trying to see the platform with the least charges. What percentage do you pay when purchasing and selling of stocks using bamboo?

Please I’m new to this, which is better between Trove and Chaka, all things considered. I know their service charge for foreign transactions is about the same from google but in terms of other things, I would like to which is better.