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Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (659692 Views)
MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by benedictuyi(m): 7:20am On Jan 14, 2021 |
awesomershal:How can you use someone else's ID. If you don't have an ID, sign up with Passfolio instead. All you'll need is your BVN 3 Likes |
Re: Us Stocks Pick Alert by Tobex4realTobex234(m): 8:48am On Jan 14, 2021 |
Withdrawing on Trading 212 is not as sweet as it sounds. They usually send funds back to the deposit method you have used (with a preference for card and Skrill). So if you funded $200 with a Nigerian card, you can only withdraw back to the Nigerian card, and guess what? it would be at 380/$ no matter what rate you funded. This sole reason is why I'm not going in fully on T212. Once there's an option to get my withdrawal processed to my dorm as USD, then it will be my most preferred stocks app. 8 Likes 1 Share |
Re: Us Stocks Pick Alert by benedictuyi(m): 9:20am On Jan 14, 2021 |
Tobex4realTobex234:Thanks for putting this out 1 Like |
Re: Us Stocks Pick Alert by OvaSabi1(f): 9:27am On Jan 14, 2021 |
Tobex4realTobex234:I don't mean to deviate but who here uses Binance? What exchange rate do they use when you withdraw? 1 Like |
Re: Us Stocks Pick Alert by Phraences: 9:30am On Jan 14, 2021 |
Tobex4realTobex234: People need to consider ease of withdrawal when selecting Apps. I think Passfolio, Trove, Chala, Bamboo can transfer directly to your Nigerian bank account. I had an issue with one foreign stock broker one time. I lost the card used in depositing and they asked that i had to get a letter from my bank. Till date i have not gotten the letter. 2 Likes |
Re: Us Stocks Pick Alert by bastardson: 9:44am On Jan 14, 2021 |
Phraences:Wow, this is a real issue... Also, does Passfolio have as many stocks as T212.. I am trying to complete my registration process with T212.. Trying to be careful. What if I open a Dorm account? And I load from there, will I also be paid into the Dorm account? 1 Like |
Re: Us Stocks Pick Alert by bastardson: 10:32am On Jan 14, 2021 |
Tobex4realTobex234:Sent you a PM bro 1 Like |
Re: Us Stocks Pick Alert by InaNla(f): 10:33am On Jan 14, 2021 |
Tobex4realTobex234: Dear All, Please note that if you fund T212 with USD dominated card, you get back your fund in USD. If NGN card, your bank does the FX conversion at the current official rates. 11 Likes 3 Shares |
Re: Us Stocks Pick Alert by InaNla(f): 10:34am On Jan 14, 2021 |
bastardson: YES! Into your USD card. 3 Likes |
Re: Us Stocks Pick Alert by bastardson: 11:01am On Jan 14, 2021 |
InaNla:Thanks for your kind response.. Will the Barter US Dolls Virtual Card be good enough? 1 Like |
Re: Us Stocks Pick Alert by benedictuyi(m): 11:02am On Jan 14, 2021 |
InaNla:Thanks for clarification 1 Like |
Re: Us Stocks Pick Alert by Localemperor: 11:18am On Jan 14, 2021 |
Oga them, abeg make una no forget daily traders like us oo... those penny stocks go make sense abeg 1 Like |
Re: Us Stocks Pick Alert by Willmichael(m): 11:51am On Jan 14, 2021 |
Sweetmia37: Check out fuboTV and veritone Nokia too 1 Like |
Re: Us Stocks Pick Alert by Willmichael(m): 11:53am On Jan 14, 2021 |
NgHotGirls: Also, buy high, sell higher 2 Likes |
Re: Us Stocks Pick Alert by InaNla(f): 12:15pm On Jan 14, 2021 |
bastardson: I will check out that card and reverts... It seems you can fund with the card... the return legs is what I can't confirm in case Barter will not be in operations in years to come when you want to withdraw. 1 Like |
Re: Us Stocks Pick Alert by Kzdguru: 12:48pm On Jan 14, 2021 |
InaNla: T212 seems not cheap to operate, considering the charges from banks on your Dom account when you transfer. Another 0.7% charges when you exceed $2,000 So much accounting to be done, otherwise losses are bound from many quarters 1 Like |
Re: Us Stocks Pick Alert by InaNla(f): 12:54pm On Jan 14, 2021 |
Kzdguru: We have lots of other FINTECH in Nigeria for same trading... Bamboo, Trove, Chaka, Passfolio etc. You may wish to check them out one after the other... To the best of my knowledge is absolutely FREE to deposit fund on T212 and you only get charged 0.7% after you cross $2,000. Check all platforms out and decide. 5 Likes |
Re: Us Stocks Pick Alert by Localemperor: 1:23pm On Jan 14, 2021 |
Pls who can explain why my dollars kept on increasing even though I did not trade any stock?? 1 Like |
Re: Us Stocks Pick Alert by 1kinggy(m): 1:26pm On Jan 14, 2021 |
OvaSabi1: You sell to naira at the prevailing rate on their platform and this is actually close to USD/NGN rate on the street. Then you withdraw to your account with a fee of NGN150 1 Like |
Re: Us Stocks Pick Alert by 1kinggy(m): 1:27pm On Jan 14, 2021 |
Localemperor: It means the value of the stocks you bought was increasing, your stocks/portfolio appreciated. It can also go the other way. 2 Likes |
Re: Us Stocks Pick Alert by 1kinggy(m): 1:29pm On Jan 14, 2021 |
Kzdguru: If you want to use hard currency, do it it through G-p-a-y by linking your gmail address with your card on a computer. Note, that will be your withdrawal route too. 2 Likes |
Re: Us Stocks Pick Alert by bastardson: 1:35pm On Jan 14, 2021 |
1kinggy:Can it work on IOS? 1 Like |
Re: Us Stocks Pick Alert by Localemperor: 1:35pm On Jan 14, 2021 |
1kinggy:That is the problem, I did not buy any stock.. I just registered the account and about to start trading after converting some naira to dollar. 1 Like |
Re: Us Stocks Pick Alert by bastardson: 1:36pm On Jan 14, 2021 |
InaNla:I sent you a PM please 1 Like |
Re: Us Stocks Pick Alert by bastardson: 1:37pm On Jan 14, 2021 |
Localemperor:Which of the trading platforms ? 1 Like |
Re: Us Stocks Pick Alert by Localemperor: 1:41pm On Jan 14, 2021 |
bastardson:BamBo 1 Like |
Re: Us Stocks Pick Alert by smitten99: 1:42pm On Jan 14, 2021 |
People should be careful on what they read here. Some are here to de-market and market their apps. Sending or withdrawing from Trading 212 is straight forward. If you fund your account with Naira card only your withdrawal options will be the naira card. If you use multiple cards to fund u will see them to choose from. I have multiple naira and usd cards and the options of which card you want money sent to is displayed when u want to withdraw. Our local Fintechs are expensive and their app are rather clunky. The most annoying is they dont have most of the juicy stocks as such u miss out. With what happened with Chaka this should be an eye opener for all those using them. @oakpearl baba show your boiz how to finish, i know how to use finwiz. So after getting a list of whats displayed next steps guidance is what is needed 3 Likes |
Re: Us Stocks Pick Alert by OvaSabi1(f): 1:47pm On Jan 14, 2021 |
1kinggy: Thanks very much, God bless 2 Likes |
Re: Us Stocks Pick Alert by InaNla(f): 1:49pm On Jan 14, 2021 |
smitten99: We should not de-market our OWN FINTECH in Nigeria please. I dont use any thou. 4 Likes |
Re: Us Stocks Pick Alert by devfolorunso: 1:49pm On Jan 14, 2021 |
smitten99: You deserve a chill bear man 3 Likes |
Re: Us Stocks Pick Alert by Penboy: 1:50pm On Jan 14, 2021 |
Tobex4realTobex234: Wait.. Can't you use your dorm account to fund trading 212? 1 Like |
Re: Us Stocks Pick Alert by 1kinggy(m): 1:50pm On Jan 14, 2021 |
Localemperor: That's interesting. Maybe the conversion rate changed. 1 Like |
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