₦airaland Forum

[quote author=Ugmama post=139376214]Good day brothers,
From my past experience, you have opened account with a good broker, but they will charge you commission.

Due to the depth if knowledge required to trade Global stocks, it may be difficult for you to see anyone that will be wiling to sirt of mentir you free (is like a waste of that Person's time).

My candid advice is that you go and invest in Nigeria stocks. After getting some experience in Nigeria stocks you can then come back fir Global stocks.

I can bet it that you may not be able to do anything with that your trade 212 account. The first hurdle is likely to be in depositing money into the account. So if the first hurdle is a problem, while will someone want to teach you, you don't need the knowledge. So please go and trade NIGERIA STOCKS. Nigeria market is booming as at this May 2026.

SOME INFORMATION ON CONDITIONS FOR ENTITLEMENT TO FREE COMMISSION ON VEST
Below is my score for this month, ZERO commission.

What I see is that VEST has made the conditions so easy. This by making nearly trader to enrol in their "FSPL". For this FSPL it is like a arm twisting. I remember I disable it once, but somehow after so many messages, I was enrolled for it. **Please not that it is a Nigeria Broker, I will never ever enroll fir "FSLP" as the Managers of the local platforms are not likely to be Professionals that can handle these type of business very well.

So back to the hurdle of what to do to qualify for zero commission is FSLP has given you 50 points. Then you will need to deposit $20 for the month, or you simply sell stocks worth $20 for the month, then used the proceed to buy another stock. Simple and easy.

WHAT WILL THE MARKET DO TODAY: TARGET TECHNICAL ANALYSIS COMMENTS.
With Oil, Dangote Refinery, Recent improvement in Reserve, Government Investment promotion activities doing indirect adverts for the Nigeria Market we may not be wrong if we expect a big bullish market this year!!!

Wishing all the best.

DESPITE THE FACT THAT THE MARKET WILL BE A CHALLENGING ONE 3 TOP SECTORS CONTINUE TO HOLD THEIR GROUNDS

Today I may favour staying on the sidelines, due to the pending CPI data tommorrow.

I will be a willing buyer after the CPI data.

The above decision looks okay looking at the current imparse on Homutz

TARGET TECHNICAL ANALYSIS COMMENTS, WHAT WILL THE MARKET DO TODAY!!!
**All Share Index is expected to close between +1.49% and +2.13% on Monday 11 May 2026. **

There is paucity of news on the Nigeria market, IRAN/US strait of Hormuz continues to drive all markets. The Nigeria market is in automatic bullish gear.

**MARKET PERFORMANCE AS OF 8 MAY 2026 **
MARKET RECAP: DAY-OVER-DAY COMPARISON (MAY 8 VS. MAY 7, 2026)
​METRIC MAY 8 MAY 7 % CHNG
A S Index 244,775.83 239,734.61 +2.10%
Mkt Cap (N T) 157.027 153.797 +2.10%
Volume (T) 1.066 985,420,110 +8.23%
Value (B) 55.036 48.220 +14.14%
Deals 69,996 62,150 t +12.62%
Mkt Brdth (Adv/Dec) 38/34 25/40 +52.00%
Brent Crude (USD) 101.29 100.06 +1.23%
Naira (USD/NGN) 1,359.48 1,360.02 +0.04%*
LIQUIDITY ANALYSIS/OTHERS (MAY 8, 2026)
​The 2.10% appreciation in the All Share Index was driven primarily by heavy-weight gains in the Industrial and Consumer Goods sectors.
​Market Breadth improved significantly from the previous session, closing positive with 38 gainers against 34 losers, indicating a broadening of the rally beyond just blue-chip tickers.
​The 14.14% surge in Value Traded suggests institutional "high-conviction" buying rather than retail speculation.
​Year-to-Date (YTD) return now stands at a robust 56.71%,

**​TECHNICAL AND SECTORAL VIEW**
​The All Share Index (ASI) is trading well above its 50-day and 200-day moving averages, signaling a strong long-term bull regime. The sector rotation analysis places the Industrial and Oil/Gas sectors in the Leading Quadrant, while Banking is moving from the Improving to the Leading quadrant.

**​LIKELY MARKET DIRECTION: BULLISH BIAS**
​The short-term bias is Bullish. The combination of high volume and a 2.1% daily gain in the ASI suggests a strong momentum carry-over into the new week. Support is firmly established at 238,500 points, with the next major resistance level anticipated at 250,000.

TARGET TECHNICAL ANALYSIS COMMENTS

What will the market do today?

With banking sector currently in bearish zone. It will be a miracle for this week not to end in RED!!!

ZikkyChops:
But my experience with vest is not good, deducting my money every 10-15days saying I don't meet TASK. I have to withdraw the remaining balance before they finish my money.

Please you have to take my comment in good faith.

For platforms that offer Zero commission, the Customer need to be able to give them some level of minimal transaction at least to compensate them that we are not paying commission. Such brokers rely on spreads. Even the ones that charges commission also have spreads.

Also, I will say whatever is worth doing is worth doing well. With Vest you need to generate a minimum of $40 dollars worth of transaction monthly. The minimum threshold required for Zero commission look okay gor someone that want to trade global stocks.

This is why I will advice anyone that want to trade Glibal stocks with less than NGN150k, pkease go and trade Nigeria stocks. At the moment Nigeria's market is booming and making money on Nigeria is easier (if you need my assistance, please DM me)

Also, you can email them to know the minimum transaction that will give you zero commission, it is between $20 and $30 for a month.

If you trade constantly you need a broker like Vest, there are few other alternatives that will allow you to start with zhe equivalent of NGN150k and have zero commission.

Good that you are no more with Vest. You can find another platform that is zero commission base and can allow your account to have little transactions. If you a good one please tell this forum.

For me as at now, Vest Investments is the best Platform. For example there was an ETF I wanted zo buy yesterday, CRCO. It was not on Chaka/Trove platform (I am not interested in telling local platforms to add any stock, not on their platform again, this is 2026 not 2021). I bought the ETF on "Vest" without sweat. Just for my money in Chaka not to be idle, I emailed Chaka and they added it and I bought on Chaka too. You can see that I have account with many platforms.

However, no local platforms can match Vest. Also, if you try other platforms like the forex platforms, the number of stocks available are so limited that those other platforms are close to useless for trading global stocks.Vest should have close to the total number of active stocks tradeable (>8,000 Eight thousand)

Thanks. Wishing all the best of luck.

THIS SIDE OF THE MARKET IS LOOKING SWEET 🎂 TODAY
There is benefit in longevity. Anybody with US stocks will see a big jump in their portfolios today!!!

The move started yesterday.

All things being equal, we may see final de-escalation of the IRAN/US war!!!

No more war. Oil should come down to lower prices. By next week,we should see the change on the condition that IRAN do not come up with a crazy attitude!!!

MARKET IS VOLATILE THESE DAYS
But the market is one way, SEMICONDUCTORS, DATA CENTRES/POWER, ENERGY , then to a lesser extent METALS.

But for zhe past 2 days, the Bitcoin stocks are coming up strong, so another "Suegbe Play loading again". So, if you are trading US stocks and you have no Bitcoin stock in your portfolio or plan to buy some, you are not fit for the market. So, for medium term play. BITCOIN STOCKS are shouting " BUY, BUY, BUY

Wishing everyone the best

**NIGERIA STOCK REPORT 5 MAY 2026 CORE REPORT**
**Market Outlook**
ALL Share index to close between between +0.33% and +0.48%

LIKELY MARKET DIRECTION ASI:
Bullish bias short-term with oil support and earnings. Catalysts: Corporate results, oil prices. Risks: FX volatility, global geopolitics. Selective longs preferred.

EARNINGS PROVIDING SOME RELIEF FROM THE CRAZY WAR
Somehow the market have tried to stay afloat despite the unwillingness of IRAN to be reasonable in the 'conditions" for peace!!!

Okay, it is Hajj time. I think US may have the upper hand if they want to play the type of game IRAN is playing!!! Reason for this is that if Us bomb IRAN, I will not be too surprised if IRAN will not bomb the Saudi Pilgrimage grounds!!!

So let is see if the haji season will go without one of the warring parties capitalising on this!!!

I regret not following the fundamentals when this forum stated. It is a big pain for me seeing PLTR tht was $18 now > $150, the likes of AEHR was $12 now $70. Now. i stock more to fundamentals and seldom touch "Biotech" stocks again. Where are our "Biotech Guys", did the "failed the trading market approval rating", wish them zhe best, hope they get some money to fund their accounts and come back to this forum!!!

This report is updated as of May 4, 2026, 04:02:00
**Iran-US Peace Deal Status**
Iran submitted a 14-point peace proposal on May 1 via mediators in Pakistan.
Key Iranian demands include lifting the naval blockade on the Strait of Hormuz, ending hostilities in Lebanon, and withdrawing US forces from the region.
President Trump stated the proposal was "not acceptable" and that the US could restart strikes if a satisfactory deal is not reached.
Market Impact: Currently Brent crude is trading above $105 per barrel due to these tensions.

TARGET TECHNICAL MARKET COMMENT FOR 4 MAY 2026 !!

**All Share Index is expected to close between +1.40% and +1.80 % on Monday 4 May 2026. **

LIKELY MARKET DIRECTION FOR MONDAY: 
Expected opening direction is HIGHER, based on momentum from the April 30 close. Intraday bias is BULLISH with selective consolidation likely in banking names that have not yet recovered from the 27 April profit-taking event.

I am amazed how using modelling has improved our win rate. We look to tommorrow's market with some degree of optimism.

On oil price, the Chiefs have spoken, oil likely to stabilise around $80 to $90 on IRAN/US peace deal (if IRAN will ever soft pedal on Nuclear issue/tolling the strait of Hormuz, for any peace deal to end the HORMUZ matter). So for Nigeria stock market/economy (it is now left for the Government to make use good use of the oil windfall or continue to waste it while borrowing more money all around), the stock market will definitely perform.

IS TODAY MAY 1ST AN HOLIDAY IN THE US MARKET?

WHAT WILL THE MARKET DO TODAY
We are in a good time for the market, the index continues to beat our forecasts. Today probability of many stocks going on full bid is high with many mid and big caps joining the full bid list.

tempest12:
Which broker app is the best for foreign stocks and getting quick withdrawals in local accounts in Nigeria after selling.... Too much bad reviews concerning withdrawals in our local apps trading foreign stocks

Okay.
You can look for another platform and inform us about your experience thereafter.

Can you post a link of some of the bad reviews!!! Also for the reviews, you should look at the dates. I know that there was a time that someone from Nigeria complain about withdrawal, that was before Vest started using Fluterwave for transfers. For now withdraws are very smooth.

Nevertheless please post the link of the bad review at least we can look at them. Thanks

TARGET TECHNICAL ANALYSIS: WHAT WILL THE ALLSHARE DO TODAY!!!
Yesterday the index trashed our forecast by a wide margin which has never happened.

The market is always right, so our forecast messed up. Our forecast is still not bad since the basis is still information from the market itself. We will continue to see how to match the market performance without a qude margin while still being on the conservative side (we will avoid giving false hope).

We have added update of gains for the week. For example looking at, Monday to Tuesday makes information, PRESCO is currently lading the gainera for the on goun week with 16.61%.

Below are extract from our report for the Top Gainers for this week running:
Top 10 Weekly gainers as at EOD_Date
TICKER WK%
PRESCO 16.16
WEMABANK 12.00
ABBEYBDS 11.11

WHAT WILL THE MARKET DO TODAY.TARGET TECHNICAL ANALYSIS COMMENTS
UBA spoilt the mood of the market. Today we still expect the Allshare index to be bearish.

If ACCESS mess up on dividend decision like UBA, it will be a case of adding insult to injury. We may see further drop in the market temporarily!!!

Medium term, we are in a bullish market.

**US STOCK PRE MARKET UPDATE 27 APRIL 2026**

We expect a slightly bullish/ranging market today. It seems whatever can happen to oil on Hormuz Blockade has already happened, so market seems not to worry so much about it as a factor. The news tat will move market will be the opening of the strait

IHelp:
As at today, I think Vest is the best option for foreign stocks for someone living in Nigeria.

Okay.
You can look for another platform and inform us about your experience thereafter.

Can you post a link of some of the bad reviews!!! Also for the reviews, you should look at the dates. I know that there was a time that someone from Nigeria complain about withdrawal, that was before Vest started using Fluterwave for transfers. For now withdraws are very smooth.

Nevertheless please post the link of the bad review at least we can look at them. Thanks

WHAT WILL MARKET DO TODAY. TARGET TECHNICAL MARKET COMMENTS!!!

As of 18:11:58 PM on April 25, 2026, the planned Islamabad meeting between the U.S. and Iran has been cancelled.
Status of the Islamabad Meeting
Trip Cancellation: U.S. President Donald Trump officially cancelled the planned trip of envoys Jared Kushner and Steve Witkoff to Islamabad on Saturday evening.
Iranian Departure: Iranian Foreign Minister Abbas Araghchi departed Pakistan on Saturday afternoon. He left after holding high-level meetings with Pakistani officials but ruling out direct talks with the U.S. delegation.
U.S. Stance: Trump stated that the U.S. has "all the cards" and told his people there was no point in making an "18-hour flight to sit around talking about nothing".
Al Jazeera

As of 18:11:58 PM on April 25, 2026, the planned Islamabad meeting between the U.S. and Iran has been cancelled.
Status of the Islamabad Meeting
Trip Cancellation: U.S. President Donald Trump officially cancelled the planned trip of envoys Jared Kushner and Steve Witkoff to Islamabad on Saturday evening.
Iranian Departure: Iranian Foreign Minister Abbas Araghchi departed Pakistan on Saturday afternoon. He left after holding high-level meetings with Pakistani officials but ruling out direct talks with the U.S. delegation.
U.S. Stance: Trump stated that the U.S. has "all the cards" and told his people there was no point in making an "18-hour flight to sit around talking about nothing".
Al Jazeera

tempest12:
Which broker app is the best for foreign stocks and getting quick withdrawals in local accounts in Nigeria after selling.... Too much bad reviews concerning withdrawals in our local apps trading foreign stocks

The best APP for US stocks is. Vest Investments.
What I like about the APP is that it is so reliable that if I need to get my withdrawal within 3 days without fail, I will go for Vest. Withdrawing from Vest is faster than even withdrawing from your Naira platform in your account with United Capital, by the time you send your withdraw instructions to them, and you get a mail like "we have received your request, you will get our response in 24 hours", Vest has started processing your withdraw and on the 3rd day you get your alet without fail. Vest Investments is **super efficient as a trading platform.**

WHICH SECTOR IS GOOD FOR THE MEDIUM TIME FRAME

WHAT WILL THE MARKT DO TODAY.

WHAT IS OUR EXPECTATIONS FIR THE MARKET TODAY!!!

**NIGERIA STOCK REPORT 22 APRIL 2026 EXTRACT ** TARGET TECHNICAL ANALYSIS
Yesterday the market lost some momentum. Equally our focus stocks did not behave according to expectation.

Today we believe Whatever negative news led to the low monentum (change of Financial Minister?). The effect should be over today.

**Market Outlook**
ALL Share index to close between between +0.07% and +0.12%.

LIKELY MARKET DIRECTION: SIDEWAYS TO BULLISH BIAS
1. MARKET RECAP & ANALYSIS (EOD Date: 21 April 2026 vs. Prior Trading Day). The NGX is expected to consolidate between 215,000 and 219,500 on the All-Share Index over the next one to two weeks, with selective upside in industrial, consumer goods, and growth stocks providing the primary opportunities

WHAT WILL THE MARKET DO TODAY!!!
We are in a cyclical bull market, pullbacks are buy candidates.

Today we are showing our "stocks of focus for the day". These are stocks that are likely to make it to zhe top gaibers list for today. A lot of inputs goes into identification of tgese stocks. One of the factors is a strong trend.

Wishing all the best.

TARGET TECHNICAL ANALYSIS MARKET COMMENTS
We expect another bullish opening for today.

TARGET TECHNICAL ANALYSIS COMMENTS
This week may produced one of the best weekly gains in recent time