How To Invest In US Stock Market From Nigeria and Make Millions?

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How Do I Invest In US Stock Market?

This is an itemized guide on the best way to invest in US securities exchange from Nigeria.

Do you realize you can invest in the greatest financial exchange on the planet from Nigeria?

I’m not saying Nigeria has the greatest market stock.

Be that as it may, as a Nigeria dwelling in your nation of origin, you can invest in the United States securities exchange securely.

There are a few stocks in the United States that you can invest in yet being a Nigerian resident, yet you should know how to.

Here, You will figure out how you can purchase foreign stocks from Nigeria.

All the more specifically, I will tell you the best way to invest in US financial exchange from Nigeria.

Can I Invest In US Stock Market From Nigeria?

You might want to ask if Nigerians can trade US stocks or if you can invest in the American stocks from Nigeria.

The simplest answer to this is yes.

You can safely invest in American stocks from Africa and anywhere in the world.

Although the United States investment policies are guided by the US laws, the investment opportunity of the country is not citizenship-based.

You don’t have to be a citizen of the United States to invest in US stocks.

Why Invest In US Stock?

Investing in a foreign stock from Nigeria used to be difficult and resources consuming.

But things have changed, and the online platform has opened the door wide open for Nigerians to invest in foreign stock more easily.

The main benefits of investing in the US stock however are listed as follows:

  • It aids you to earn passively through the dividend on the stock
  • You will have a diversification of an investment portfolio
  • You will become an international stakeholder in a United States company.

The New Technology To Invest In Foreign Stocks

The advent of technology has done many good things in our world, and  one of the many things is the opportunity to own stocks in foreign countries far easily

In the days of old, the difficulty in investing in foreign countries like the United States is so much to discourage the multitude.

During these times, you will rather see only the elites investing in international stocks.

However, I’m glad to bring you the good news that things have shifted and with the right use of technology, you can invest in an international stock market.

This you can achieve using online trading platforms that I shall discuss hereafter.

How To Invest In US Stock Market From Nigeria.

I have mentioned that you can invest in US stock market from Nigeria by using online trading platforms.

There are several platforms (apps and websites) that have opened the door of global stock investment, and I will be sharing how to take the advantage of these platforms.

1. How To Invest In US Stock Market with Trove App?

Trove is one of the applications that can be used to invest in US stock market from Nigeria.

It can be used to invest in the US stock from Nigeria, and it also allows investment in other foreign stocks like Chinese stocks and Nigerian stocks.

Trove also allows you to invest in bonds and ETFs.

This platform offers investment opportunities with ease to investors. They promote the idea of investing little sums of money regularly to build wealth.

If you are just starting out in stock investment, the stock is a platform made just for you because you can start with small and grow to build your wealth.

Trove application is available for both Android and iOS devices and can be downloaded from respectively app stores.

Requirements To Invest With Trove App

  • A minimum capital of ₦1,000
  • A verified email address
  • A verified phone number
  • Your bank account details
  • A valid Government Issued ID
  • A utility bill

Advantages Of Investing In US Stock Market with Trove App

  • Trove allows you to invest as low as ₦1,000.
  • The holding period on the investment is determined by the investor.
  • Trove allows Mastercard, VISA, and Verve as payment options.
  • You can also pay with a bank transfer.
  • Investors can track their ROI through the app.
  • Trove guarantees security over your information and also your investment.
  • Trove has a strong partnership with companies that makes their business run smoothly.
  • DriveWealth LLC is one of the partners, and they hold every US trading accounts.
  • Sigma Securities is another partner that holds every Nigerian trading account.
  • The third partner is ARM Investment Managers which is a licensed Asset manager in Lagos, Nigeria. This third firm serves as the Investment Manager for all  Portfolios.

2.

How To Invest In US Stock Market with Bamboo?

Bamboo is another platform that allows you to invest in US stock market from Nigeria.

Just like Trove, it requires the use of the internet.

The bamboo app is also available for both Android and iOS devices and can be downloaded from respective app stores.

Bamboo gives room for Nigerians to invest in over three thousand stocks.

It offers investment opportunities in American stock and Nigerian stock exchanges.

Requirements To Invest With Bamboo App

Now are the basic requirements to invest in US Stock from Nigeria with Bamboo app.

  • A minimum capital of $20
  • A verified email address
  • A verified phone number
  • Your bank account details
  • A valid Government Issued ID
  • A utility bill

Advantages Of Investing With Bamboo App

  • Bamboo application takes payment options of Mastercard, VISA, and Verve cards issued by Nigerian Banks.
  • It also takes bank transfer as a payment option.
  • The holding period is determined by the investor.
  • Your Return On Investment (ROI) can be monitored effectively.
  • Withdrawal from the app takes between 1-3 days.
  • Investments are secured because the app uses state-of-the-art bank-level security, data encryption, and two-factor authentication (2FA) to protect every account.

3.

How To Invest In US Stock Market with Rise?

Rise is another app to invest in the US stocks from Nigeria, and it, of course, works via the internet medium.

Rise was known as Cashestate before it took its new name.

It has been found out to be one of the best mediums of investing in US stocks from Nigeria and Africa at large.

From research, the annual Return Of Invest (ROI) on US stocks via Rise app is about 14%.

Requirements To Invest With Rise App

Now are the basic requirements to invest with Rise.

  • A minimum capital of ₦3,600
  • A verified email address
  • A verified phone number
  • Your bank account details
  • A valid Government Issued ID
  • A utility bill

Advantages Of Investing With Rise App

  • Rise accepts Mastercard, VISA, and Verve cards payment options.
  • It also takes bank transfers.
  • You can safely monitor your investment.
  • Withdrawal is within a day.
  • Security is guaranteed

4.

How To Invest In US Stock Market with Chaka?

Chaka is another platform to invest in US stocks from Nigeria.

It supports the trading of US stocks, Chinese stocks, and Nigerian stocks.

It is a very safe platform with an assuring Return On Investment.

Requirements To Invest In US Stocks With Chaka

Below are the basic requirements needed to invest in US stocks with Chaka.

  • A minimum capital of $10
  • A verified email address
  • A verified phone number
  • Your bank account details
  • A valid Government Issued ID
  • A utility bill

Advantages Of Using Chaka

  • It accepts credit cards payment options (Mastercard, VISA, and Verve)
  • It is available for Android and on the web.
  • It also accepts bank transfers.
  • The holding period is determined by you, and you can easily track your ROI.
  • Withdrawal from your available cash is processed within 12hours, while withdrawal from stocks may take about 3 days.
  • Chaka accounts are securely protected by bank-grade AES encryption software.

Note that the required documents on all the platforms should be in soft copies since you are transacting online.

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