Investment platforms in Nigeria.

Investment platforms in Nigeria; Under this post you are going to read about legit different investment platforms that are existing in Nigeria. What do you mean by investment platform, What are the investment platforms in Nigeria. etc…

What do you mean by investment platform?

Investment platforms are those online services that you can buy and sell shares. It’s another form of investing your fund in stocks and shares.

What are the investment platforms in Nigeria?

There are different varieties of investment platforms existing in Nigeria legally. These are the listed investments platforms below;

  • Piggyvest
  • P2Vest
  • Bank investments
  • Wealth.NG
  • Cowrywise
  • Bamboo
  • Afrinvest
  • EXNESS Group
  • Real Estate
  • Chipper Cash
  • Pillow Fund
  • Accrue
  • Chaka
  • Trove

What is the best investment platforms in Nigeria?

These are selected best investment platforms in Nigeria with their Investment focus and Ideal.

  1. Piggy-vest: they are focused on mutual funds and their Ideal are Beginners and intermediate investors.
  2. Trove: they aims on stock & shares, mutual funds and their Ideal are Active traders.
  3. Cowrywise: their investment focus is on mutual funds and their Ideal are Beginners & intermediate investors.
  4. Chaka: They are focused on stocks, shares and ETFs and their Ideal are Experienced investors.
What investment has the highest return in Nigeria?

There are top high profit investments in Nigeria which are listed below;

  • Fintech & startups
  • Real Estate in Rental Properties.
  • Energy sector investments
  • Agriculture
  • Mutual funds and investment Trusts.
  • Fixed Deposits and Savings Account
  • Stock Market.
  • Treasury Bills and Government Bonds.
How can I create investment platform?

There are steps to follow to build an investment platform which are below;

  • Plan the market entry
  • Design an investment platform
  • Select a tech stack
  • Then draw a detailed project plan.
  • Develop an investment platform
  • Establish the important platform integrations
  • Release the ready to use investment platform
  • plan platform maintenance and Support.

What is good about investment platform?

Investment platforms are good because it helps the investors to easily track their investments and access the best resources available which will enhance them in making proper decisions. Also investment platforms offers many choices of features which make them more reliable than primitive investment platforms.

Related content: Financial literacy in Nigeria; why it matters and how to improve it.

How can I start Investing in Nigeria?

Investments platforms in Nigeria

If you are interested to start investing on investment platforms in Nigeria these are what you need to do to explore the opportunities.

  • Evaluate your financial aims
  • Decide how you want to manage your investments.
  • Choose an investment vehicle.
  • Then determine how much money you want to invest
  • Analyze your risk tolerance
  • Then consider the kind of investor you want to be.
  • Build your portfolio
  • Monitor your investment performance and improve if needed.

What investment can I do with 200k in Nigeria?

There are a-lot of investment you venture into but the profitable one that can work with the 200k is Fish Farming which is known as aquaculture. This is a strategy of income with an investment of 200k in Nigeria. This type of business works more on high popular demand for fish.

How to make money daily in Nigeria?

There different top sites one can make money from on a daily in Nigeria. Below are things that can earn you money;

  • Selling stock photos
  • Affiliate marketing
  • Micro jobs
  • Online Surveys
  • Content writing.
What is the minimum amount to start investing?

Investing money has no minimum amount you need to have before you can invest. But to be on safer side it is important for your long term financial security to keep aside money for emergencies. Once you master these strategies into action then you are good to invest.

What is minimum starting investment?

The minimum investment starting plan is the smallest dollar or share quantity that an investor can purchase when investing in a specific security, fund or opportunity.

Which type of investment is best for beginners?

For new investors with no experience they often have little knowledge about individual stocks and bonds and are smaller portfolio as they are starting out. So it is more safer they start with Mutual funds or ETFs as that is the best option.

How do you know where to invest your money?

First open an investment account based on your method of investing for retirement, a kid, education or another goals. Then select investments like real estate, stocks, funds and bonds that match your risk tolerance. Then minimize your exposure to risk by spreading your money across a range of asset classes.

Is bitcoin a good investment?

Bitcoin is an asset you should purchase only at your own risk because the current market conditions are favorable for anyone looking forward to buying bitcoin. Bitcoin may have potential for significant returns and you might even lose most of your investment.

How do I contact investors?

To reach out an investor for a meeting you are required to send an email request as it is quick and easy to move around an investor firm or angel network. Then the content of your email should include an articulate elevator pitch telling the investor what you do and who you are.

Which is better, PiggyVest or Rise-vest?

Rise-vest offers a wider range of investment options which includes foreign stocks and cryptocurrency that can influence and promote higher returns over the long term.

Is my money safe with Risevest?

The platform is regulated by the Nigerian securities and Exchange Commission (SEC) and all of its users funds are held in a trusted account with a reputable bank. If you’re looking forward in investing with Risevest all you need to do first is to sign up an account on the platform’s website.

What is the minimum deposit for Risevest?

The minimum investment deposit you can do with Risevest is just $1 and there’s no maximum whether you’re just about to start your journey or you already have millions in capital to save up.

How long does Risevest take to payout?

Usually it is generally within 24 hours.

What is the difference between Risevest and Cowrywise?

The difference between Risevest and Cowrywise is that Risevest offers a wider range of investment options which includes stocks, Mutual Funds and bonds While Cowrywise centers more on a fixed income investments such as Mutual Funds and Treasury Bills.

Is Cowrywise approved by CBN?

Cowrywise is officially on its own sector under the securities and exchange commission (SEC) of Nigeria that carry out activities related to savings and investments. CBN only regulates bank and Cowrywise is not a bank.

Did CBN approve PiggyVest?

PiggyVest is licensed by the CBN as a Microfinance bank which is insured by Nigeria Deposit Insurance Corporation (NDIC). The activities PiggyVest is they provide its customers with Savings and Investments.

Conclusion.

Investment platforms in Nigeria is to help the investors trade profitable with their money through investing into stocks, buy shares and run other investments businesses. However keep tight control on which of the platforms to invest your money in Nigeria.

Related content: Top Nigerian banks that are best for international transactions.

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