It’s normal to want to be sure before trusting an app with your money.
Whether you’re trying to invest in U.S. stocks, Nigerian equities, or simply earn more with your savings, one question comes first: Can I trust this app with my hard-earned cash? And if you’re asking that about Trove, you’re right to.
Here’s everything you need to know about the Trove app.
Trove is a digital investment platform that gives Nigerians access to U.S. stocks, Nigerian stocks, ETFs, government bonds, and more, all from their phone. You can start investing with as little as ₦1,000 or $10, depending on your portfolio.
Beyond investing, Trove also lets you save and earn with “Earn by Trove”, offering returns of up to 16% per annum.
So yes, it’s more than just a stock app. It’s a comprehensive wealth-building platform designed for Nigerians who want more control over their financial future.
Is Trove Legit?
Yes, Trove is legit. Here are some of the reasons why you should use the Trove app:
1. Trove is regulated and registered
Trove operates Nigerian stock trading through Innova Securities Limited, its own fully owned, SEC-licensed broker-dealer registered with the SEC, NGX, and NASD OTC Exchange. Our U.S. brokerage services are also powered by SEC-regulated partners in the United States.
That means your investments and savings are handled through trusted, licensed entities that comply with local and international regulations.
2. Your money is well secured
When you invest with Trove, your assets are held in custodial accounts, not mixed with Trove’s own funds. We take security seriously. Your data is encrypted, and we use bank-level protocols to protect your information.
3. Thousands of Nigerians use Trove daily
We’ve been operating since 2019, and today, over 500,000 Nigerians invest and save with Trove every single day, with ₦500 billion in trades facilitated across Nigerian and global markets.
Don’t take our word for it. We have real reviews from real users on the app stores and social media.
4. We’re transparent about everything
From fees to investment risks, we don’t sugarcoat. You’ll see exactly how much you’re earning or paying, whether you’re buying a U.S. stock or saving in Earn by Trove. We also provide educational content, newsletters, and blog posts to help you make informed decisions.
We know investing can feel intimidating, so we go out of our way to simplify it for Nigerians.
FAQ
Is the Trove app safe?
Yes. Trove operates through Innova Securities Limited, an SEC-licensed broker-dealer. Your assets are held in custodial accounts separate from Trove’s own funds.
Is Trove registered with the SEC in Nigeria?
Yes. Trove’s Nigerian stock trades run through Innova Securities Limited, which is registered with the SEC, NGX, and NASD OTC Exchange.
How much do I need to start investing in Trove?
You can start with as little as ₦1,000 for Nigerian stocks or $10 for U.S. stocks.
Is Earn by Trove legit?
Yes. Earn by Trove is a fixed savings product that offers returns of up to 16% per annum and is available on the Trove app.
Conclusion
Look, you’ve read the whole thing. You know Trove is SEC-licensed and regulated and has been running since 2019, with 500,000+ Nigerians investing on the platform.
The only question left is: what are you waiting for?
Start with whatever you’re comfortable with, ₦1,000, ₦10,000, or whatever. The important thing is that you start. Now it’s your turn!