How to Invest in US Stocks from Nigeria (Complete Guide)

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LagosPolice

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Oct 14, 2020
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Many Nigerian investors are looking beyond the NGX to hedge against naira depreciation and gain exposure to global markets.

Here’s how you can invest in US stocks from Nigeria.


Step 1: Choose a Global Investment Platform​

Several platforms allow Nigerians to invest in US stocks, including:

  • Bamboo
  • Trove
  • Chaka
  • Risevest
These platforms provide access to companies like Apple, Tesla, Microsoft, and ETFs.


Step 2: Complete KYC Verification​

You’ll need:

  • Valid ID
  • NIN
  • Proof of address
  • Bank account details

Step 3: Fund Your Account​

Most platforms accept:

  • Naira funding (converted to USD)
  • Direct USD transfers (if available)

Step 4: Buy Shares or ETFs​

You can invest in:

  • Individual stocks
  • ETFs (like S&P 500 trackers)
  • Dividend stocks
  • Growth stocks

Why Nigerians Invest in US Markets​

  • Hedge against currency risk
  • Access to global companies
  • Broader diversification
  • More stable regulatory environment
 
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