Top 6 Best Investment & Trading Apps in Nigeria 2025

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Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

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Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

Nigeria’s investment scene is rapidly changing. The global surge in online trading has resulted in a massive increase in the number of Nigerians using mobile apps to trade and invest. This growth means fierce competition among top trading app providers which can make picking one a difficult task. 

But fear not, we’re here to help and this guide cuts through the noise to help you find the best trading apps in Nigeria. Our team of expert traders have researched and reviewed every major Nigerian trading app. 

We haven’t just compiled a list, we’ve gone the extra mile to ensure you make the best decisions. We’ve prioritised a core set of essential features that every app should offer. Fees, user-friendliness, intuitive navigation, and easy access are just a few of the features we assessed. 

Besides these core functionalities, we took into consideration real world user experience to help provide a well-rounded perspective on each app. Read on to find the best 6 trading apps in Nigeria for 2025 and gain valuable insights into each app’s strengths and weaknesses. 

Best Nigeria investment apps overall 

What is the best Nigeria trading app?

Our expert panel rates FxPro the top stock trading app in 2025.

Below are the top trading apps, based on extensive testing and market research. You can filter and sort them according to the features you think are most important, or read on to learn more about each app in detail.

4.3

AvaTrade

Min. Deposit $100

Fees From 0.13%

No. assets 1250+

Demo account Yes

Visit site

AvaTrade review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

4.3

Pepperstone

Min. Deposit n/a

Fees $7 RT

No. assets 1200+

Demo account Yes

Visit site

Pepperstone review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.7%of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Refer to our RDN and other legal documents. Pepperstone Markets Limited, SCB no. SIAF217.

Best trading apps in Nigera

Min. Deposit n/a

Fees -

No. assets n/a

Demo account -

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6 top trading apps in Nigeria, reviewed

1. Exness. Best for tight spreads and a pro-style trading experience.

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4

Ratings

$10

Min. deposit

From $0.2 per lot

Fees

300

No. assets

Yes

Demo account

Overview

We love Exness because of its tight spreads, which make it a top choice for traders looking to minimize trading costs and maximize profitability. The brokerage offers some of the most competitive spreads in the industry, especially on markets like stocks. Excess offers 80+ stocks via CFDs from some of the worlds largest companies.

Its focus on low trading costs is ideal for both newbies and experienced traders looking to trade with minimal overheads. Exness also stands out for its range of trading terminals. It offers MetaTrader 4, MetaTrader 5, and the Exness web terminal. There’s also a dedicated mobile app meaning you’ll be able to always access your account. 

Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the hundreds of pre built indicators available on the MetaTrader suite. 

The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

No. of tradable assets	250+
Min. Deposit	From $10
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Crypto, Commodities
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSCA, FCA, CySEC, FSA, BVIFSC

Fees & Costs

Trading fees	Standard accounts: no Professional accounts: yes
Inactivity fees	No
Rollover/overnight fees	Standard accounts: Yes, on some assets Islamic accounts: no
Withdrawal fees	No
Spreads	Yes
Conversion fees	No

Pros & Cons

Trade all major asset classes with zero commission Competitive spreads starting from 0.3 pips on standard accounts Highly flexible trading terminal available on mobile app, desktop, and web browser Top-tier regulation and negative balance protection

Restricted access in the US and UK

Read review Visit Exness

Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

2. AvaTrade. Best regulated broker for secure trading

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4

Ratings

$100

Min. deposit

From 0.13%

Fees

1,300

No. assets

Yes

Demo account

Overview

We love AvaTrade because it is a reliable CFD broker, that gives users access to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on the price movements of various stock markets without owning the underlying assets. AvaTrade is a multi asset brokerage firm and includes CFDs on hundreds of global stocks including Google, Apple, Microsoft, and more. 

AvaTrade is also highly regarded for its strong regulatory framework and commitment to security. AvaTrade is regulated in multiple jurisdictions, including Europe, Australia, Japan, South Africa, and the British Virgin Islands, which means it must adhere to stringent regulatory standards across the world. 

AvaTrade isn’t just well regulated, it also employs advanced security measures to protect client funds and personal information, including segregated accounts and robust encryption technology. 

The fees: There is no commission on any trading. AvaTrade makes money from the Bid/Ask spread instead. Stock spreads start from 0.13. Positions left overnight are charged a swap fee that varies depending on size. An inactivity fee of £/€/$50 per month is applicable if you don’t log in to your account for three consecutive months.

Highlights

No. of tradable assets	1250+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Commodity CFDs, Index CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSCA, FSA, ASIC, CBI, MiFID, CySEC, BVIFSC, FRSA

Fees & Costs

Trading fees	No
Inactivity fees	Yes
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	No

Pros & Cons

Trade 1000+ CFDs with competitive spreads Regulated by Tier 1 financial bodies across the world Consistently highly rated trading platform on web and mobile Offers social trading through its proprietary AvaSocial platform

Spreads are competitive without being industry-leading Some assets are only available to trade through the MetaTrader software

Read review Visit AvaTrade

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

3. Pepperstone. Best low spread & no commission broker

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4

Ratings

$-

Min. deposit

0.20%

Fees

1,200

No. assets

Yes

Demo account

Overview

We love Pepperstone because it is a low fee and low commission CFD brokerage, making it an excellent choice for traders looking to keep trading costs down. Pepperstone offers some of the most competitive spreads in the industry, with no commission on its Standard account and low commissions on its Razor account. 

Pepperstone is also well known for its top tier regulatory protection. The broker is regulated by both the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), which means it follows stringent rules. Pepperstone also offers a wide selection of stocks from several of the world’s largest markets. 

One of the features we found most useful when using Pepperstone is the variety of trading platforms. You can choose from TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, each providing a unique set of features and tools. 

The fees: US stock trades are charged a $0.02 commission per share. UK and German stock trades are charged a 0.1% commission, while for Australian stocks, it’s 0.07%.

Highlights

No. of tradable assets	1200+
Min. Deposit	No minimum
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Crypto, Commodities, , Indices, ETFs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	CMA, SCB, DFSA, ASIC, FCA, CySEC, BaFin

All supported assets are CFDs.

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Zero commission on trades Hedging, scalping, and crypto CFD trading available Lots of deposit and withdrawal options, including PayPal

No guaranteed negative balance protection in some jurisdictions No option to purchase stocks or bonds directly, only CFDs and spread betting available

Read review Visit Pepperstone

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.7%of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Refer to our RDN and other legal documents. Pepperstone Markets Limited, SCB no. SIAF217.

4. FP Markets. Best for low spread & 0-pip trading

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4

Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love FP Markets because it uses cutting-edge technology to ensure all stock trades are executed at lightning fast speed. It’s an award-winning broker and offers over 10,000 Australian and international share CFDs and stock CFDs across 4 continents. 

FP Markets has zero restrictions and allows all trading styles, including scalping and running expert advisors. Stock CFDs can be traded directly from its Metatrader 5 platform or via Iress, which gives direct market access to multiple global exchanges such as the Nasdaq, NYSE, and London stock exchange. 

The fees:  FP Market charges commission for all stock trades. For Australian stocks, its 0.05%, Hong Kong stocks, 0.20%, UK 0.10%, European 0.10%, and USA stocks are 2 cents per share. 

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Trade 10,000+ CFDs across multiple asset classes Highly regulated and reliable platform Copy and social trading features

Not available in the US, Japan & New Zealand IRESS platform is expensive

Read review Visit

CFDs are derivatives and can be risky; losses can exceed your initial payment and you must be able to meet all margin calls as soon as they are made. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

5. Pacific Union. Best for social trading & customer support

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4

Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

70+ forex pairs and 200+ financial assets available to trade Extremely low minimum trade sizes Multilingual support in 18+ languages

Minimum withdrawal of $100 Fewer assets than many competitors

Read review Visit

Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.

What is a Nigerian trading app?

It’s an application that allows you to trade financial markets from your mobile device. Most brokers offer the ability to use their platforms via an app and can be accessed by either a smartphone or tablet. 

When using a Nigerian trading app you will usually be able to carry out the same functions as you can on a broker desktop platform. 

How does an investment app work?

To use a trading or investment app you need to first register with one of the best brokerage accounts in Nigeria. Once your account is created you simply download an app to access your account on the go.

Nigerian trading apps let you monitor and analyse the markets from your mobile device. You can buy and sell assets as well as carry out technical analysis on price charts. 

Types of trading & investment apps in Nigeria

The financial industry in Nigeria is growing, which means there are various types of trading apps available depending on your requirements. For investors wanting access to the whole market, several all-encompassing apps are available. For a more specific approach, niche apps can be downloaded. 

Here’s a look at the types of trading apps in Nigeria:

• Stock trading app. This is generally the most common type of trading app in Nigeria and gives you access to local and international stock markets. Usually, you’ll also be able to invest in and trade other assets like ETFs, funds, and even bonds. 
• DIY investment apps. The best investment apps in Nigeria let you manage your own money and choose which stocks you want to own for long term capital growth. Typically these services let you take ownership of individual stocks, earn dividends, and reinvest money back into your portfolio.
• Robo investing apps. These are apps from the best robo advisors in Nigeria that automate most of the investment process for you. You set the overall guidelines and let the automated service manage your investments.
• Forex trading app. Forex trading in Nigeria is a popular asset class which has resulted in a large number of apps entering the market. The best forex trading app in Singapore will allow you to trade the biggest currencies in the world. Many of these apps let you trade forex CFDs. 
• Crypto trading app. If you’re interested in the world of digital currencies, then using a crypto trading app is a good option. The best crypto trading apps in Nigeria let you trade and invest in a wide range of crypto tokens like Bitcoin, Ethereum, and more. 

How should I choose the best trading app for me?

When selecting a trading app in Nigeria, it’s important to consider several factors to make sure you find the one that best suits your investment goals, risk tolerance, and trading style. 

The right app can provide you with a seamless and secure trading experience, while the wrong choice can lead to frustration and potentially costly mistakes. 

We asked our investment experts for some tips you can use to find the best Nigerian trading app: 

Regulation and security should be your primary concerns. 

Make sure the trading app is licensed and regulated by the Central Bank of Nigeria (CBN). Regulation is key and indicates the app meets strict financial standards and provides a secure trading environment. 

To protect your account and personal information, look for robust security measures, such as two-factor authentication and advanced encryption. You should also consider the trading app’s record in protecting client funds and preventing unauthorised access. 

The user-friendly interface of the trading app is also crucial. 

One of the main advantages of using an app is making it easy to purchase and sell assets like stocks, forex, and crypto. You want to be able to find your way around and use all the features available. If you’re a beginner this is even more important, you want useful information to be laid out in a way you can understand as you learn.

The range of supported assets and markets is another important consideration. 

These days, the best trading apps in Nigeria let you access a wide range of markets so before you use one, make sure the assets you want to trade are available. Top Nigerian trading apps offer access to cryptocurrencies, stocks, foreign exchange, and more. You’ll also be able to trade local and international markets when using a Nigeria investment app. 

Examine the trading fees and commissions associated with the app. 

Carefully review the fee structure, including trading commissions, account maintenance fees, and any other charges. Compare the fees across different trading apps to ensure you’re getting a competitive rate. 

All trading apps in Nigeria will have a slightly different fee schedule, so take the time to compare. It’s also important to check fees for specific assets. For example, Nigerian crypto apps may offer better commissions for digital assets when compared to generic trading apps. 

Evaluate the educational resources and market insights provided by the trading app. 

Look for features that offer tutorials, webinars, and market analysis to help you enhance your trading knowledge and skills. Look at the app’s ability to deliver real-time market updates, economic news, and research reports to support your investment decisions. 

Some of the best trading apps in Nigeria will let you customise what information you receive. If you’re interested in currencies, you can use a Nigerian forex trading app for tailored FX analysis and market news. 

Customer support and responsiveness are also crucial factors to take into account. 

Assess the quality and availability of the app’s customer service, including phone, email, and chat channels. Evaluate the app’s responsiveness in addressing your questions or concerns, as this can be crucial during times of market volatility. Look for an app with a track record of resolving customer issues and complaints efficiently and effectively.

Consider what features are available.

These can be very useful when you start trading. If you’re going to do the work yourself, you want to be able to study a stock’s performance before you invest. Look out for apps that offer charts you can do some technical analysis on. Other tools worth looking for are comparison features, say between a fund’s performance and the market average.

Quick answers to key questions

Can I trade on Android and iOS devices?

Yes. Most investing apps are available on both operating systems. A few are exclusive to one or the other, but you can easily find out which ones are available on your phone by going to the Google Play store or the App Store.

Do I have to verify my identity with a trading app?

Yes, usually there is some form of verification but the methods vary. Expect to have to provide some contact details and a form of photo ID to prove who you are before you can trade.

Do apps charge fees for trading?

Some do, some don’t. Those aimed at retail investors have led the charge towards free trading. Traditional brokers have been forced to reduce their fees to compete but often do still charge. 

Exactly how they charge varies widely. It could be a fixed rate, a percentage of the trade value, or some let you perform a certain amount of trades a month for free. It’s very important to check this before you start. Here’s a look at the types of fees you may encounter for using a trading app.

What are the fees for trading apps?

Each investing app will have its own fees and it will depend on your broker’s terms and conditions. Most modern apps are free to download and offer zero-fee trading. More established brokers tend to charge a flat fee per trade, or a monthly subscription. The cost of using that type of broker to trade can range from a few dollars to $10 or more.

You need to decide what you want the app to do before you choose one. There are services aimed at day traders, others for long term investors, and still more that use artificial intelligence to invest your money for you. Here are some of the top stock apps, whatever your goals are.

Can I use multiple apps at the same time?

Yes. You can have as many as you like. Some traders prefer to have a few different apps for different asset classes. However, it’s usually easiest to use just one app so that all of your investments are in one place.

Is a mobile trading app better than a desktop version?

That will depend on your own requirements. Desktop versions sometimes have more features and are generally easier to use. However mobile apps give a lot of flexibility and you can check on your trades even on the go. 

Are investment apps regulated in Nigeria?

Yes, in a manner of speaking. The stockbrokers themselves are strictly regulated by financial authorities across the world, including the CBN in Nigeria, and have to put in place lots of consumer protections. So if you choose a respected, established company then you can be confident their app is regulated too.

Do I have to pay tax on trading & investments in Nigeria?

In Nigeria, capital gains tax is applicable to profits made from trading stocks, forex, cryptocurrencies, and similar assets. The tax rate on capital gains for individuals is set at 10%, while companies are required to pay 20% on such gains.

This tax applies whenever you sell an asset like stocks or cryptocurrencies for a profit. For example, if you bought cryptocurrency worth ₦200,000 and sold it for ₦300,000, the ₦100,000 profit would be subject to a 10% tax, which amounts to ₦10,000 for individuals.

While the Federal Inland Revenue Service (FIRS) oversees tax collection, the enforcement of cryptocurrency taxation is still evolving. The FIRS relies heavily on self-reporting, although they are working on more robust tracking measures.

Should I use a trading/investment app in Nigeria?

If you plan on trading the stock market then using an app to do so is a good idea. Most traders use a combination of both desktop and mobile applications and both have their benefits. A desktop app may offer a few more features that are not available on a mobile app, however, mobile apps offer a great deal of flexibility.

The best stock trading apps in Nigeria incorporate most of the functionality of their desktop versions and make buying and selling stocks from your device an easy process. These apps offer the freedom to check on your trades even when you’re not at your computer and make it easy to spot new opportunities very quickly. 

What are the risks of using a stock trading app?

There is a high risk of losing money from trading, particularly if you’re new or inexperienced. That risk applies whether you trade via a stock trading app or on your desktop. The convenience and ease of using an app to trade can add more risk, because you can open and close a trade from anywhere.

It’s important to stay disciplined when you trade. Create a list of rules in advance to set out the conditions that must be met before you open a trade and the maximum you’re prepared to lose on any one trade. Similarly, set hard and fast rules for when to take profit.

In short, you should make stock trading decisions based on strict guidelines set when you have a clear head. Trading becomes significantly more risky when you make emotional decisions in the heat of the moment. Below is a short summary of the risks, as well as the benefits, of using an app to trade stocks.

If you’re still undecided on if you want to use a trading app in Nigeria then you can use the pros and cons below to help you make up your mind.

User reviews: your verdict on the best trading apps

We conduct regular surveys to get an idea of what the Invezz community feels about a particular app or service. We also welcome feedback from readers as to which apps they like and why. This information from real users factors into the overall ranking and helps us find the top trading app in Nigeria.

Below you can see the results of our surveys and browse through user reviews to find out what other people thought about each service. Use this to help you come to a final decision about which app to use.

FAQs