3 Mins
share

Best 5 Trading Apps You Should Use To Trade In Nigeria

best trading apps

Nigerian traders who are looking for the best trading apps have come to the right place. The copious amount of apps in the Google Play Store and Apple Store may confuse traders, especially new ones, in finding the one that suits them best. And because we know that traders take their time seriously, we have compiled the best apps for your trades. These apps are legit and millions of users have been using them for

5 Best Trading Apps You Should Use

Without further ado, here are the best apps that Nigerian traders should use as their primary app.

1.     Ameritrade

To many traders, this is the best app that ever existed. Ameritrade has a very user-friendly interface that allows you to check the current market situation. You can check in a list or chart with the report for each stock.

This app uses more than 400 indicators to ensure that they provide you the most accurate interpretation of the market. And in 2020, Charles Schwab acquired this app and stated they will keep the app going and provide a joint account for new traders.

2.     Fidelity Investment

Even though the app holds a large selection of investment accounts, many traders believe that Fidelity is best for traders who prefer working on a long investment. In case you’re trading as a side hustle for your retirement fund, this app can be the best for you. In addition to the regular trading features, Fidelity also offers a goal-oriented feature to help you reach your financial goals.

3.     Charles Schwab

This app is a favorite among both expert and beginner stock traders. It has a sleek interface that is easy to understand and has no minimum accounts. You can start trading immediately without any waiting period and can choose the investment type to have.

Trading makes easier with the Schwab assistant that can help you buy or sell stocks, get alerts, and do other activities using voice commands. You can maximize your gain and save time with this app.

4.     Interactive Brokers

Advanced traders are most commonly using this app. It has advanced quotes and research with at least a dozen of columns. The app offers multiple accounts that work great for you who just started as a professional broker or are about to expand your business and dabble on more assets.

The best part is, they also have a desktop platform. So you can check your trading position simultaneously and don’t have to worry about missing out on a good price.

5.     Vanguard

For starters, it has zero fees. Vanguard is one of the very select few trading apps that charge close to zero fees for the transaction. They offer digital advisors to help you get the best for your funds. And if you’re already an experienced trader, you can apply to be a margin trader in Vanguard where you can borrow money to purchase more securities.

Before you download any trading app, make sure that they are legit and from the respective companies. However, this list of the  should help you which app to choose. Remember to choose the app based on your skill and limit.

Other Article

Guide to Forex : What Is It, What Does It Do And The Basic of It

Guide to Forex: What Is It, What Does It Do, And The Basics of It

Forex or FX is a definition as a combination of exchange and foreign currency. Foreign exchange is known as a process of converting a currency into a different currency for

small scale business

Perks of Having Small Scale Business And Reasons Why You Should Start One

Many people think that a small scale business is the heart of the economy, and they are not wrong. This type of business is big enough to improve the employment

Best 7 Cryptocurrency App in Nigeria 2023

Best 7 Cryptocurrency App in Nigeria 2023

Cryptocurrency transactions in Nigeria occur through a platform that facilitates meetings between traders and consumers of crypto assets. It is easy since you can directly purchase crypto through apps. To