Investing in the stock market might seem complicated, especially if you’re just starting out in Nigeria. But with platforms like the Trove app, it’s easier than ever to start your journey toward financial growth. Whether you want to invest locally or globally, Trove makes the process simple, secure, and beginner-friendly.
In this guide, we’ll walk you through everything you need to know to start investing with Trove.
What is Trove App?
Trove is Nigeria’s pioneer stock trading and legit investment platform, designed to help Nigerians make smart financial choices. The Trove app allows you to trade global stocks and Nigerian equities from the comfort of your phone. The best part? You can start investing with as little as $10 or N1,000.
Trove’s mission is to simplify investing while keeping it secure, safe, and accessible. The app is perfect for beginners who want to make money work for them and secure their financial future.
Why Invest with Trove?
Investing in Nigeria can be intimidating if you’re new, but Trove breaks it down into a few simple steps. You don’t need extensive experience, and you can start small while learning the ropes. With Trove, you can:
- Buy Nigerian and foreign stocks
- Trade ETFs and bonds
- Start with small amounts of money
- Track your portfolio easily on a mobile-friendly platform
As Robert Kiyosaki famously said:
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”
Trove is here to help your money work smarter, not harder.
How to Get Started on The Trove app
Step 1: Download the Trove App
The Trove app is available on both Android and iOS. You can either download from the Play Store or App Store. You can also create an account via the web option if you prefer using your computer.
Step 2: Sign Up and Create Your Account
The sign-up process is quick and straightforward. Here’s what you’ll need to do:
- Provide your name and email address
- Create a strong password (numbers + letters)
- Enter a referral code if you have one
- Answer questions about your investment experience, funding sources, risk tolerance, and more
- Submit your account for verification
Trove also requires some personal information to comply with US and Nigerian financial regulations:
- Personal details (name, date of birth)
- National & residential information
- Occupation and next of kin
- Bank account details
- Document uploads (ID, utility bill, selfie, and signature)
Make sure you have these documents ready for a smooth experience. The process usually takes less than 15 minutes, and verification takes 1–2 working days. While waiting, you can fund your wallet or try virtual trading to practice.
Step 3: Fund Your Wallet
Trove offers two wallets:
- Naira wallet: for Nigerian stocks and bonds
- Dollar wallet: for foreign stocks
Currently, you can add Naira cards and bank accounts to fund your wallet. Once your account is verified, you can start trading. The app will show the Naira equivalent for any dollar deposits you want to make.
Step 4: Buying Stocks on Trove
Once your account is funded and verified, it’s time to start investing!
- Use the search bar to find stocks you want (e.g., Apple, Dangote Sugar, Uber).
- Check the market status (open or closed). Purchases made when the market is closed are executed the next day.
- Select your stock and click Buy shares.
- Enter the quantity, proceed to payment, and review your order.
- Agree to the terms of the transaction and confirm.
🎉 Congratulations! You’ve just purchased your first stock. The process is the same for foreign stocks, ETFs, and bonds.
Conclusion
Investing doesn’t have to be complicated. With Trove, beginners in Nigeria can start building wealth quickly, safely, and conveniently. From downloading the app to buying your first stock, Trove guides you every step of the way.
Have you tried Trove yet? Start investing today and take control of your financial future. Download the app on Android or iOS, or explore the web version now.
For questions or support, you can email, call, or leave a message on Intercom.
