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Top 5 stockbroking apps for buying stocks in Nigeria in August 2025 

Samson Akintaro by Samson Akintaro
August 15, 2025
in Metrics, Rankings, Sectors, Tech News
Investors take profits as NGX records consecutive day of losses.
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In recent years, the Nigerian investment landscape has undergone a quiet revolution. Gone are the days when buying stocks meant physically visiting a stockbroker’s office, filling out forms, and waiting days for trade execution.

Today, thanks to technology and the growing appetite for financial inclusion, a new breed of mobile apps has put the Nigerian Exchange (NGX) and even global markets in the palm of your hand.

These stockbroking apps are not only changing how Nigerians invest but also who gets to invest.

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With entry points as low as N1,000 or even $1, everyday Nigerians, from university students and young professionals to retirees, are building stock portfolios alongside traditional institutional investors.

They combine the regulatory backing of licensed brokers with the ease and accessibility of fintech, creating an environment where retail investors now account for a larger share of daily trading volumes on the NGX.

What makes them even more appealing is their versatility. Many of these apps now go beyond just buying and selling shares. They offer fractional investing, so you don’t need to buy a whole share, real-time price updates, curated investment plans, dollar-denominated portfolios, and even the ability to buy foreign stocks from the U.S., Europe, or Asia all without leaving your living room.

Whether you’re aiming to grow wealth through long-term investments, diversify with international assets, or take advantage of short-term market opportunities, there’s an app tailored to your needs.

But with so many options in the market, it can be overwhelming to decide where to start.

In this article, we have compiled a list of the top 5 stockbroking apps ranked based on their number of downloads on the Google Play Store and their user rating.

Jump to section

1. Bamboo

  • 5. Chaka
  • 4. i-invest 
  • 3. Risevest
  • 2. Trove 
  • 1. Bamboo

The Bamboo app allows users to trade in U.S. stocks (3,500+ options) and NGX listings using both NGN and USD wallets. Its fractional investing starts from as little as N15,000.

With just your NIN and contact details, you can join Bamboo and start trading with zero paperwork right from your mobile phone.

Bamboo is registered with the Nigerian SEC and works with Lambeth Capital for local stock trades. For U.S. stocks, your account is protected by Securities Investor Protection Corporation (SIPC) and Financial Industry Regulatory Authority (FINRA), which means your investments are insured up to $500,000.

Bamboo is currently the most-downloaded stockbroking app in Nigeria with over one million downloads as of August 2025. The app also enjoys high ratings from users at 4.3.

Bottomline 

While these five emerged as the top based on their number of users, there are several other stockbroking apps in Nigeria offering similar services as above. However, many of them are still relatively new and are building their customer base to get to the level of the above listed.

Jump to section

1. Bamboo

  • 5. Chaka
  • 4. i-invest 
  • 3. Risevest
  • 2. Trove 
  • 1. Bamboo
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Tags: BambooChakaNigerian stockbroking appsRisevest
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

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Comments 1

  1. TD! says:
    August 15, 2025 at 5:45 pm

    Bamboo is the best in this list. Once your account is activated, your CSCS and CHN are created. You have to be very careful of the others except maybe i-invest that’s registered with the SEC. But can’t say much since I haven’t used it.

    Reply

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