Top 5 Stock Investing Apps in Nigeria for 2025

Digital technology has opened the door for anyone in Nigeria to start growing their money through the stock market. 

You no longer need deep pockets or a Wall Street background, just a smartphone and an internet connection. 

In 2025, these five platforms stand out for making it simple and safe to buy shares in Nigerian and international companies, even if you’re just beginning or prefer low-effort investing.

Here are the top 5 stock investing apps in Nigeria for 2025

1. Trove
Trove stands out for offering a straightforward way to buy shares both locally and abroad. Through Trove, you can pick up stocks on the Nigerian Exchange (NGX) or invest in big names on U.S. exchanges like Apple, Amazon, or Tesla. You don’t have to buy a full share. Trove’s “fractional shares” feature lets you start with as little as ₦1,000.

Key Perks:

Dual Market Access: Invest in Nigerian companies and U.S. giants all from one app.

Low Minimums: You can begin building a portfolio even if you only have a small sum.

User-Friendly Design: The app’s clean layout, real-time charts, and quick tutorials help beginners feel at ease.

Regulated: Approved by Nigeria’s Securities and Exchange Commission (SEC), giving you extra peace of mind.

How Fees Work:

No Commission on U.S. Stocks: There’s no buying or selling commission on U.S. equities, ETFs, or ADRs.

Monthly Subscriptions:

Standard Plan ($3/month): Access core features.

Plus Plan ($5/month): Includes daily market insights, analyst reports, and deeper research tools.

Local Transaction Costs: Trading on NGX may carry small fees on top of your subscription.

2. Chaka
As the first homegrown platform to earn an SEC license, Chaka gives Nigerians access to a wide range of shares and exchange-traded funds on both Nigerian and international markets. Its strong focus on security and clear fee structure makes it a top pick if you want a straightforward, compliant investing environment.

Key Perks:

Fully Licensed: Chaka’s SEC approval means it meets strict regulatory standards.

Wide Stock Selection: Trade hundreds of NGX-listed equities as well as U.S. stocks and ETFs.

SmartInvest” Portfolios: A feature that automatically allocates your funds into preset dollar-based investment plans based on your risk comfort.

Transparent Fees: You know exactly what you’ll pay before each trade.

How Fees Work:

Flat Fee for Small Trades: $2 per transaction under $200.

Tiered Percentage Fees:

1% of trade value for $200–$1,000 orders.

0.85% for $1,000–$10,000.

0.75% for $10,000–$50,000.Additional Market Charges: U.S. regulatory and exchange fees also apply when trading abroad.

3. Bamboo
If you want to hold a portfolio in U.S. dollars and invest in major American companies, Bamboo is the go-to option. Recently, it added some Nigerian stocks to its lineup, making it a convenient one-stop shop for domestic and international shares.

Key Perks:

U.S. Focus: Buy fractional shares in Apple, Microsoft, and other top U.S. companies with as little as $20.

Simple Interface: The app’s design keeps navigation intuitive while maintaining high security standards.

Regulated Partnerships: Works with a licensed U.S. broker and follows Nigerian financial guidelines.

Naira-to-Dollar Convenience: Built-in currency conversion ensures you can move funds between Naira and dollars without juggling multiple accounts.

How Fees Work:

1.5% Trade Commission: A fee on every U.S. stock transaction, with a minimum charge of $1 if the calculated fee falls below that.

No Holding Fees: You won’t be charged for simply keeping shares or cash in your Bamboo account.

FX Spread: Converting Naira to dollars carries a typical spread of 0.50%–0.80%.

4. Risevest
Rather than picking individual stocks, Risevest gives you professionally managed portfolios made up of U.S. equities, real estate projects, and bonds. It’s designed for those who prefer a set-it-and-forget-it approach—just choose a portfolio, deposit money, and let experts handle the rest.

Key Perks:

Pre-Built Portfolios: Mixes of U.S. stocks, real estate ventures, and fixed-income options tailored to different risk levels.

Dollar-Based Holdings: Protects against Naira volatility, with all investments denominated in U.S. dollars.

Automatic Contributions: Schedule regular deposits so your money flows into the portfolio according to your plan.

Protected U.S. Assets: Investments held in U.S. accounts enjoy SIPC insurance coverage.

How Fees Work:

Tiered Trading Fees:

1.5% on investments up to $200.

1% on $200–$1,000.

0.85% on $1,000–$10,000.

0.75% on $10,000–$50,000.
Management Fee: Typically between 0.5% and 1% of returns, depending on your portfolio’s size and performance.

5. Afrinvest
With decades of experience in Nigeria’s capital markets, Afrinvest’s platform is perfect if you want to dive deep into local stocks, bonds, and government securities. Though it doesn’t have as many international options as other apps, its research tools and market insights give you a solid foundation for investments focused on Nigerian assets.

Key Perks:

Local Market Expertise: Direct access to NGX equities, treasury bills, and other government-backed instruments.

Comprehensive Research: Access to detailed financial reports, company analyses, and economic forecasts.

Trusted Brand: Decades-old presence in Nigeria’s financial sector, regulated by the SEC.

Advanced Tools: Customizable charts, fundamental data, and expert commentary—ideal for investors beyond the beginner stage.

How Fees Work:

1.5% Fee on U.S. Trades: When using their partner to buy or sell U.S. stocks.

FX Spread: Converting Naira to dollars involves a typical spread of 0.50%–0.80%.

Standard Brokerage for NGX: Around 0.5%–1% of the trade value, plus small regulatory charges.