yok:
FOR GLOBAL STOCK TRADING-WE NEED A RELIABLE NIGERIA BASED PLATFORM?
With the type of opportunities in global stock trading, we need a strong and reliable local platform. Such that we can cash out our gains on regular basis if necessary.

My unhappiness with Chaka is that the stock are few. For TROVE, the platform is off and not working on many days. The entry of a strong local player will vlbe a game changer. For that KUDA bank, with the news I have been hearing if them, I will not touch anything they are offering, except they have changed their character of reporting Customers to enforcement agencies?

I am seriously considering giving chaka a trial, my problem when I was recently active on Chaka is that I seems to be the only one trading, AS I WILL BE COMPLAINING WHEN THE PLATFORM IS NOT WORKING, BUT DELIBERATELY I WILL WAIT TO SEE IF OTHERS WILL COMPLAIN. Conclusion here is that people have lost good money in trading Global stocks, such that they cannot trade again I feel for then, and will encourage them to come back, but they need to get a good mentor in firm of a subscription service, I am not saying use our service, but try BARCHART, MORTELEY FOOL, STOCK ROVER, STOCK.US and do subscribe to a paid trading plaform too.

So we can extrapolate further why people are few on this forum- they have lost most of their tradibg capital!! But there is a way out, continue visiting here and our twitter page for trade ideas you can use. Test our ideas and see if you can give our paid version a trial.

Thanks.

dunsin125:
Chaka is now charging $1/month for maintenance fees.

millennium2012:
I've been able to successfully open account with Etoro.
It's a social trading platform and multi-asset brokerage firm in US. At least all stock trading with them is commission free.

You have opportunity to trade stocks, currencies, commodities ETF and all cryptocurrencies.

For the moment am enjoying my live trade with great customercare.

http://etoro.com

yemkaf:


I opened account with etoro recently, but I am afraid to deposit fund into the account because someone told me they do not support Nigerian user. This made me begin to search online and I got to this your message pls I'll like you to give me comprehensive info about how etoro works. I'll be glad if you could share your contact with me for us to have one-on-one convo. Thank you

benedictuyi:

Etoro has discontinued its services in Nigeria

IyaTola:
One of he best app

yok:
TRADING COMMISSION FREE IS BAM
Somehow SPROUTFI has made us to experience zero commission trade, it feels good. Now for me to make profit, it is determined by the price of my stock only, no minimum or maximum commission, this is sweet!!!

dunsin125:
Chaka is now charging $1/month for maintenance fees.

yok:
SPROUTFI THE COMMISSION FREE TRADE IS THE ATTRACTION!!!
We are live on SPROUTFI[b], it okay [/b]although platform not as good as isPassfolio (no stop/limit orders). However, since they are a relatively young broker, they are likely to start bringing more improvements as we move on[b] (so Chaka and Trove should see as this new broker improves and innovated with new products). [/b] You don't need to worry if SPROUTFI is old or new, you investments are safe with DRIVEWEALTH, and we should know that DRIVEWEALTH has a name to protect (Chairman is an important member of CBOE)
For our members we are extra bullish on the semiconductor industry and we will take a slightly higher risk here. Why, we are following the big money who are confirmed investors that have track record. What stock are we buying, our members already have the 2 names, it I'd just the same stock on 2 different dimensions.

Wishing all a happy day.

OakPearl:


What?
Seriously?
That marks the beginning of the end for them as far as I’m concerned.
I will sell my holdings there and walk.
If you can’t be creative enough to find a means of survival, you don’t do that with investors funds.

yok:
MY OPINION ON SPOUTFI AND SOME ONE MENTIONING TROVE
Since our accounts are going to SPOUTFI under special arrangement, we will be treated fairly, at least whatever we have in our account, we can be trading with it till we get a better idea on the need to move or not.

The Nigerian APPS are not the best at this moment, the platforms are not prepared for trading Global stocks: it is either there are not enough stocks or they hang nearly everyday.
To confirm my openion on Nigeria APPs you can transfer about NGN14, OOO to Trove and come and tell the forum your experience!!! .

On SPROUFI, have they rejected your account? Many big Stockbrokers accepting people from Togo, Niger Republic etc are rejecting Nigeria residence, (Fidelity, welbull etc). So if SPOUTFI is rejecting Nigeria residence no surprise it is the norm (I don't know why, but when you mention you are from Nigeria in an International Airport outside West Africa you know what comes to mind).

[b]Cool down, if SPROUFI is accepting us on this special occasion (drive wealth is the Godfather for many medium size Stockbrokers [/b]and they may have told SPROUFI to accept all accounts from Passfolio, they have no option). Remember the Nigerians that opened account early at 212 are still using their account, therefore we should take it as a privilege that SPOUTFI is accepting us due probable to the influence of drivewealth. unfortunately drivewealth do no accept individuals as clients, they only deal with Stockbrokers (stockbroker to other Stockbrokers). If you need your peace of mind just calm down, stay with SPOUTFI as one of the few Nigerians that will have accoubt there. Trove may be okay, if you trade with $10 and you don't care with what may happen to your money if you have a trade on and the platforms hangs for 2 days. On a general note, if you can afford to trade with $200 and above, you are not a poor person and no global stockbroker will treat you shabily (except Nigeria APPs, as they believe the average person will open account WITH NGN7000 and then lose it or forget it). To be frank, Passfolio level of service was 100% better than the local APPs, the trading plaform never broke down for 2hrs continuously, for the Nigeria APPs. Plaform not working for 3 days at a stretch is a normal thing (which a good investor will never accept).

I will not comment on this matter again. Let us look to take our trading to the next level. Finally, for whoever is making a recommendation to you, go and check that person's profile and see what that person is involved in, is the person investing actively in Global stocks, than take your decision. We need to protect our money, "RETURN OF CAPITAL" MAY BE BETTER THAN EXPECTED RETURN ON CAPITAL
. Wishing everybody the best, I love every member of this forum, it is like a different set of mostly well cultured people compared with NSEMPA (I belong to the too sides.so no harm meant)

oyesola:
.. I must say I have enjoyed the services of passfolio. Moving our portfolio to SPROUFI should not be an issue but an opportunity. My only concern is the rigour of wire transfer but it is not a big deal. Please can anyone confirm if this new platform allows pre-trading and after hour trading? Do they also allow OTC trading.

mygee2:

Please, when's the best time to sell the daily profit thank you

yok:
WITHDRAWAL FROM SPROUTFI
IF you are making withdrawal from SPROUTFI and you have not receive your money, just send them a mail. Also since it is to be by wire transfer, check the number of days that has been specified for you to conclude a withdrawal. It is too early to start complaining on withdrawal issues, so just send SPROUTFI a mail and then follow-up.

alexnurreo:

For now sproutfi is a fraudulent organization to me and nobody should use it… I haven’t seen the money I withdrew for over 10 days now and they’re not even responding to emails. … I’ll come back to revoke this statement when or if I get resolution

seyisanya:
Investors need to thread carefully when it comes to trading platforms, particularly the ones that are just springing up just to have a share of the increasing number of market participants.

Enuguguy:
Will stocks ever go up again as it were in January 2021?
I have stocks I bought at £12 but today they've gone down to £0.15