How to Buy Academy Press Shares in Nigeria
How to Buy Academy Press Shares in Nigeria revealed. We tested and verified the best way to buy Academy Press Shares in Nigeria.
This is a complete guide on how to buy Academy Press shares in Nigeria.
In this in-depth guide you’ll learn:
- What are Academy Press Shares?
- How to buy Academy Press Shares in Nigeria?
- How to buy Academy Press shares for beginner traders?
- Which broker can you use to buy Academy Press shares?
- Which broker offers a signup bonus?
- Which brokers offer a $5 minimum deposit for investing in Academy Press shares?
- How many AmazonAcademy Press shares should you buy?
And lots more…
So if you’re ready to go “all in” with the Academy Press share for Nigerians…
Let’s dive right in…
- Louis Schoeman
👉 Definition: a share is a percentage of ownership in a company, such as Amazon, or a financial asset. Investors who hold shares of any company are known as shareholders.
How to Buy Academy Press Shares in Nigeria (Updated 2023)
What is Academy Press?
👉 Academy Press Plc was founded in Nigeria in 1965 and provides printing services for labels, calendars, corporate annual reports, books, periodicals, and promotional materials.
Academy Press shares Overview for Nigeria
👉 Academy Press Plc is a firm that can be found in Nigeria and operates in the printing industry. They provide a wide variety of printing services.
👉 The Company is in the business of producing instructional and general books, in addition to doing printing for businesses. The company provides goods in many different areas, including commercial items, journals, books, publications, and diaries, as well as computer stationery.
👉 Academy Press is the parent company of two significant subsidiaries:
➡️ Academy Press Specialised Print Services provides high-risk papers for computer usage, including tickets, coupons, vouchers, letterheads, receipts, invoices, and continuous forms.
➡️ West African Book Publishers (WABP), which publishes high-end books for the discriminating reader; and Academy Press Specialised Print Services.
👉 Academy Press has administrative centres in the cities of Lagos and Abuja in Nigeria, as well as Accra in Ghana.
👉 In June 1965, Academy Press was listed as a publicly-traded company on the Nigerian Stock Exchange (NGX). Shares of Academy Press are represented by the ticker symbol “ACADEMY” on NGX.
Pros and Cons of Buying Academy Press shares in 2023
➡️ Academy Press is the 126th most valuable company on the NGX, with a market value of NGN 1.14 billion, which represents around 0.0041 percent of the Nigerian Stock Exchange equity market.
➡️ ACADEMY shares have prominent quality earnings.
➡️ Academy Press has a growing profit margin that continuously increases.
➡️ Academy has shown prominent levels of profitability in the past 5 years, with earnings growing 57.8% annually.
➡️ Academy Press’ short-term assets exceed the company’s long-term liabilities (1.2 billion NGN versus 883.2 million NGN, respectively).
➡️ The debt-to-equity ratio of Academy Press has reduced significantly from 549.4% to 341.2% during the last few years.
➡️ Academy Press’ debt is covered enough by its operating cash flows and interest payments on debts are covered by the EBIT, which gives 3.1 times coverage.
➡️ Academy Press’ dividends of 5.29% are much higher than the overall bottom 25% of dividend payers present in the Nigerian stock market, which is at a benchmark of 3.45%.
➡️ Academy Press’ dividends have increased significantly in the past decade.
➡️ There is an exceptionally low pay-out ratio of 33.1% which is covered by earnings.
➡️ The cash payout ratio of 18.8% is covered by Academy Press’ cash flows.
Cons of Buying Academy Press shares in 2023
➡️ Academy has only shown significant profitability in the past year, which makes it challenging to compare this to a 5-year average.
➡️ It is challenging for analysts to compare Academy Press’ previous year’s earnings to the Commercial Services industry, which has a 16.5% benchmark. This is attributable to Academy Press’ recent boost in profitability.
➡️ ACADEMY has an outstanding return on equity (ROE) of 93.81%. However, this metric is extremely skewed because of Academy Press’ prominent level of debt.
➡️ The short-term assets for Academy Press do not cover the short-term liabilities sufficiently (1.2 billion NGN versus 1.4 billion NGN, respectively).
➡️ Academy Press’ net debt to equity ratio (324.5%) is extremely high.
➡️ Academy Press’ dividends of 5.29% are low when compared to the top 25% of dividend-paying companies in the Nigerian market, which is at a benchmark of 8.1%.
➡️ Academy Press dividends are known to have shown volatility over the past 10 years.
Should Traders in Nigeria invest in Academy Press shares in 2023?
👉 Yes, Academy Press is a worthwhile investment in 2023 given the company’s financial performance along with several other metrics.
Financial Performance of Academy Press
➡️ Academy Press has experienced unprecedented growth in the past year, having recorded revenues of 4.111 billion at the end of March.
➡️ Earnings for the 2021 to 2023 period recorded at the end of March showed earnings of 182.62 million and a 4.4% profit margin.
➡️ Academy Press’ shares are considered fair value, attributable to the company’s Price to Earnings Ratio of 6.3x, which is lower than the peer average of 8.1x.
➡️ When compared to the African Commercial Services Industry average of 9.1x, Academy Press is considered fair value in terms of its Price to Earnings Ratio of 6.3x.
Highlights of Academy Press in 2021/2022
➡️ Academy Press started the year with a share price of 0.50 NGN. Since then, its share price has increased by 278%, placing it in fourth place on the NGX based on its year-to-date performance.
➡️ ACADEMY’s stock is the second-best performer on the NGX over the last four weeks, so investors have reason to be positive about the company.
➡️ Academy Press has a historical annual earnings growth of 57.8%
How to Buy ACADEMY Shares in Nigeria
👉 Buying shares on the Nigerian Exchange Group is an experience unlike any other. The NGX is not like a grocery store where you can fill up a cart with shares by just walking onto the floor.
👉 You require the services of a stockbroker if you want to invest in shares traded via the Nigerian Exchange Group. The services, advice, and costs associated with brokers might vary widely.
👉 Consequently, you must choose a stockbroker that is compatible with your individual demands and goals regarding share investments.
Step 1 – Choose a reputable brokerage in Nigeria
👉 You will need to open an account with a stockbroker before you can begin trading ACADEMY shares on the NGX. Afterwards, you will be assigned a Clearing House Number (CHN), which is a number exclusive to your portfolio and cannot be used by anyone else.
👉 Once your CHN has been issued, you may begin funding your trading account by entering your CHN when making a deposit. Once the money has been deposited, you may begin trading on your broker’s website.
👉 Having an account with the Central Securities Clearing System (CSCS) is also crucial if you want to purchase shares in Nigeria. When it comes to stockbroker accounts in Nigeria, the Central Securities Clearing System (CSCS) is the central depository.
👉 With a CSCS account, you have complete control over your financial data and portfolio management. The greatest approach is to monitor your investments at a cost of between N2k and N5k annually.
Step 2 – Carry out fundamental analysis on ACADEMY Shares
👉 Before you can start purchasing shares in Academy Press, you must carry out fundamental analysis. You can carry out a financial Analysis on Academy Press by looking at these key metrics of the company:
➡️ Understand Academy Press and its operations in Nigeria.
➡️ Study Academy Press’s financial reports.
➡️ Check Academy Press’s debt.
➡️ Find competitors of Academy Press and see whether it performs better.
➡️ Analyse Academy Press’s prospects.
➡️ Review all aspects of Academy Press frequently.
Step 3 – Decide on your investment or trading horizon
👉 Like any investment, you must choose a time horizon and trading style when you purchase ACADEMY shares. You can either purchase and hold shares hoping that they will appreciate or gain dividends, or you can trade shares like other financial instruments.
👉 When you trade ACADEMY shares, you can choose between:
➡️ Scalping – if you scalp ACADEMY shares you will only hold positions for a few seconds or minutes at the most. You will try to profit from small intraday price movements with this strategy.
➡️ Day Trading – This is a trading strategy that takes place within the hours that the Nigerian Shares Exchange is open. You will open a position and close it before the shares market closes, exempting you from overnight fees that could be charged by your broker.
➡️ Swing Trading – if you swing trade ACADEMY shares, you will hold your position for a few days or a few weeks, allowing you to capture short-term moves without having to check your position every minute or hour.
➡️ Position Trading – this is a long-term position where you focus on the long-term price movement on ACADEMY shares, typically over weeks, months, or years, allowing you to profit from major shifts in the market.
Step 5 – Purchase your first ACADEMY Shares
👉 Once you understand what share investment in the Nigerian shares market entails, and you have registered and funded your brokerage account, you can decide how many shares to buy and make your first purchase.
Step 6 – Monitor the ongoing performance of ACADEMY shares
👉 If you have a medium- to long-term investment horizon, it does not mean that you can forget about it completely. You must remember to monitor the ongoing performance of Academy Press and ACADEMY shares overall.
👉 In addition, to ensure that you are protected from risks that can arise from investment, make sure that you have a diversified portfolio that contains shares from companies other than Academy Press.
Best Brokers for Trading Shares CFDs in Nigeria
Admirals
Overall Rating
- 4.1/5
Total Pairs
35 Forex Currency Pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 When compared to other MetaTrader-only brokers, Admirals distinguishes out due to the extensive array of extra tools available on their trading platform.
👉 For those using MetaTrader, Admirals provides a dashboard called StereoTrader as well as a unique indicator package called Supreme. The educational and analytical opportunities provided by Admirals are extensive.
👉 The spreads and commissions at Admirals are among the lowest in the industry. This broker is great for seasoned traders since it uses innovative technology that traders at the highest levels are already acquainted with.
CM Trading
Overall Rating
- 4.8/5
Min Deposit
USD100
Regulators
FSA
Trading Desk
Metatrader 4
Crypto
Yes
Total Pairs
154
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 CM Trading was established in 2012 by a conglomeration of traders from all over the world. The well-known copy trading solution is provided by the online brokerage, in addition to a comprehensive selection of educational services for newcomers.
👉 CM Trading provides access to fifty different currency pairings, including the majors, minors, and exotics. Additionally offered are contracts for difference (CFD) trading on over twenty different stock indexes.
👉 In addition, Nigerian traders can speculate on the prices of a variety of precious metals, energy, and cryptocurrencies, including Bitcoin.
Fidelity Investments
Overall Rating
- 4.7/5
Min Deposit
$0 / 0 NGN
Regulators
SEC, FINRA
Trading Desk
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Almost half a century after its founding in 1946, in 1995, Fidelity finally made its appearance on the internet. The firm has grown into a major player in the internet brokerage industry.
👉 Fidelity has provided its clients with valuable services, such as substantial instructional materials, innovative investment analysis, and practical tools, for many years. Furthermore, the organization is dedicated to reducing investment expenses by continually improving its platforms.
👉 Fidelity, being one of the major brokers in the US, serves investors at all levels of knowledge and experience, from those who choose to invest on their own to those who want highly tailored guidance.
👉 Fidelity caters to the needs of the casual, buy-and-hold investor by providing a wealth of resources and information, as well as simple order input.
👉 Active Trader Pro is Fidelity’s downloadable tool for advanced investors and traders, with real-time data streaming and a fully customized trading interface.
👉 Another benefit for Nigerians is that Fidelity’s online stock, ETF, option, and penny stock trading is completely commission-free.
FBS
Overall Rating
- 4.7/5
Min Deposit
USD 1 (415 NGN)
Regulators
IFSC, FSCA (south africa), ASIC, CySEC
Trading Desk
MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.
Crypto
Yes
Total Pairs
250
Islamic Account
Yes
Trading Fees
Low
Welcome Bonus
$140 (58 116 NGNFind out More)
Account Activation Time
Instant
👉 Through FBS, traders may have instantaneous access to a wide range of marketplaces, enabling them to transact in a wide variety of financial instruments. Spreads on the FBS trading platform change depending on the user’s location and the kind of trading account they have.
👉 Commissions for ECN Account trades are USD 6 and Zero Account trades are USD 20 at FBS’s worldwide offices. Trading in equities and shares costs USD 3, while CFD trading costs USD 25 at the offices.
👉 When clients initiate and close positions in digital currencies on crypto marketplaces, brokers get a small commission of 0.05 per cent. In addition to the price latency-based FBS overnight cost, the FBS trading platform charges a $5 cancellation fee for every transaction.
👉 There are now a few enticing promotions and incentives available to customers of the FBS trading platform. The FBS Level Up bonus offer is by far the most well-liked promotion available.
XM
Overall Rating
- 4.5/5
Min Deposit
USD 5 / 2 075 NGN
Regulators
IFSC, CySec, ASIC
Trading Desk
Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform
Crypto
No
👉 XM’s MT4 and MT5 platforms provide trading in over a thousand different financial products. Over 99 percent of XM’s transactions are done in less than 1 second, and the company serves over 2.5 million customers in 30 languages from over 190 countries.
👉 XM, which is under stringent regulation from financial authorities in all applicable countries, has built its reputation by giving its customers what they want most, which is peace of mind while trading, responsive customer service, simple deposits and withdrawals, and reasonable costs.
👉 This synergy amongst XM’s offerings makes it an excellent platform for novice and experienced traders alike to begin or advance their careers.
Broker Comparison
| Admirals | CM Trading | Fidelity Investments | FBS | XM | |
| ⚖️ Regulation | FCA, ASIC, CySEC, EFSA, JSC, FSCA | FSA, FSCA | FINRA, SEC | IFSC, CySEC, ASIC, FSCA | FSCA, IFSC, ASIC, CySEC, DFSA |
| 💻 Trading Platform | • MetaTrader 4 • MetaTrader 5 • Admirals Mobile App | • MetaTrader 4 • CM Trading Web • CopyKat • Expert Advisors • Trading Apps | • Active Trader Pro • Fidelity Mobile | • MetaTrader 4 • MetaTrader 5 • FBS Trader • CopyTrade | • MetaTrader 4 • MetaTrader 5 • XM Mobile App |
| 💰 Withdrawal Fee | Yes | Yes | No | Yes | None |
| 📱 Demo Account | Yes | Yes | Yes | Yes | Yes |
| 💵 Min Deposit | 400 NGN | 41,000 NGN | 400 NGN | 400 NGN | 2,000 NGN |
| 📊 Leverage | • 1:30 Retail • 1:500 Professional | • 1:200 | • 1:1 | • 1:3000 | • 1:888 |
| 📈 Spread | From 0.0 pips | From 0.9 pips | None | From 0.0 pips | From 0.0 pips |
| 💸 Commissions | From $0.02 | None | $0 to $0.03 | From $6 | $1 to $9 |
| 📞 Margin Call/Stop-Out | • 100%/50% | • From 20% | • None | • 40%/ 20% | • 50%/20%, • 100%/50% (EU) |
| ➡️ Order Execution | Market, Exchange | Market | None | Market | Market, Instant |
| ✔️ No-Deposit Bonus | No | No | No | Yes | No |
| ✅ Cent Accounts | No | No | No | Yes | No |
| 💻 Account Types | • Trade.MT5 • Invest.MT5 • Zero.MT5 • Bets.MT5 • Trade.MT4 • Zero.MT4 | • Bronze Account • Silver Account • Gold Account • Premium Account | • Brokerage Account • Cash Management Account • Brokerage and Cash Management • The Fidelity Account for Businesses • Fidelity Go, and several others | • FBS Cent Account • FBS Micro Account • FBS Standard Account • FBS Zero Account • FBS ECN Account • FBS Crypto Account | • Micro Account • Standard Account • XM Ultra-Low Account • Shares Account |
| ⚖️ CBN Regulation | No | No | No | No | No |
| ✔️ NGN Deposits | Yes | Yes | No | No | Yes |
| ✅ NGN Account | No | No | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/5 | 24/7 | 24/7 | 24/5 |
| 🛍 Retail Investor Accounts | 6 | 4 | 15 | 6 | 4 |
| ☪️ Islamic Account |
Best Mobile Apps to buy Shares in Nigeria
Fidelity Investments
👉 Through its comprehensive and robust mobile app, Fidelity Investments offers a wide range of financial services, from investment accounts to IRAs and Robo-advisor, just to name a few.
Invstr
👉 If you are a beginner investor who also enjoys games, Invstr is the perfect app for you since it combines learning, real-world investment, and a community.
👉 The app provides users with access to the perspectives of investors on stocks and other assets, as well as a fantasy stock game in which they could help manage a virtual portfolio.
Betterment
👉 When it comes to Robo-advisors, Betterment is right up there with the biggest and most well-known. The ETFs in the app’s professionally managed portfolios are chosen based on your risk tolerance and the time horizon for which you will require the money.
👉 Betterment enables clients to construct environmentally and socially responsible investment portfolios.
Wealth.ng
👉 Wealth.ng was released this year by Sankore Securities Limited. Titi Odunfa-Adeoye has been at the helm of the corporation for over ten years.
👉 Titi has previously held positions at prestigious financial firms including PwC, KPMG, Goldman Sachs, and Quantum Zenith before taking the helm at Sankore.
Bamboo
👉 In 2019, Yanmo Omorogbe and Richmond Bassey established Bamboo. Before launching Bamboo, Yanmo worked at African Infrastructure Investment Managers as an investment analyst and associate. On the other side, Richmond served as the head of staff for Helium Health.
👉 Nigerians can have access to stocks from all around the globe thanks to the company’s partnerships with firms like DriveWealth in the US and Lambeth Capital in Nigeria.
The Best Shares Brokers in Nigeria
👉 This article includes a list of the top Forex brokers in Nigeria that can facilitate share trading for Nigerian traders.
👉 We have further determined which forex brokers provide additional services and solutions to traders, and we have listed them below.
Best MetaTrader4/MT4 Shares Trading Broker in Nigeria
Overall Rating
- 4.2/5
Min Deposit
12 USD / ₦5,000
Regulators
No Regulation
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, 7BForex is the best MT4 shares trading broker in Nigeria. Nigerian-based broker 7BForex gives traders access to Naira accounts and a variety of financial marketplaces that can be accessed through MetaTrader 4 mobile, desktop, and web.
👉 On Standard Accounts, 7BForex provides leverage up to 1:1000 with spreads starting at 1.3 pips on major financial instruments.
Best MetaTrader 5 / MT5 Shares Trading Broker in Nigeria
Overall Rating
- 4.8/5
Min Deposit
USD 5 / 2073 NGN
Regulators
CySEC, FSC, FSCA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, HF Markets is the best MetaTrader 5 / MT5 shares trading broker in Nigeria. When it comes to Nigerian traders, HF Markets is a top choice.
👉 Nigerians could easily open an account with HF Markets and trade over a thousand instruments using MetaTrader 5 with a very little initial investment.
Best Shares Trading Broker for beginners in Nigeria
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 NGN
Regulators
IGRs
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, IG is the best shares trading broker for beginners in Nigeria. Low spread fees, an emphasis on customer service and education, helpful research, and intuitive user interfaces are all offered by IG.
👉 IG has the best educational materials of any online broker, and its commitment to timely and intelligent research is noteworthy.
Best Low Minimum Deposit Shares Trading Broker in Nigeria
Overall Rating
- 4.6/5
Min Deposit
USD 10 / 4145 NGN
Regulators
CySec, FSCA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
–
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, FXTM is the best Low Minimum Deposit shares trading broker in Nigeria. FXTM allows Nigerian traders to register an account with a minimum deposit of 4,100 NGN.
👉 Nigerians can check their FXTM Invest copy trading system and various other components of the broker’s comprehensive system using FXTM’s unique trading app.
Best ECN Shares Trading Broker in Nigeria
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 82900 NGN
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, easyMarkets is the best ECN shares trading broker in Nigeria. easyMarkets has received 37 global awards for its exceptional service and innovation in the field of electronic communications network (ECN) implementation.
👉 The platforms of easyMarkets are intended to be as user-friendly as possible for newbie traders, while yet giving expert users the desired strength and flexibility.
Best Islamic / Swap-Free Shares Trading Broker in Nigeria
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 41450 NGN
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, AvaTrade is the best Islamic shares, trading broker. AvaTrade gives Islamic account holders particular trading conditions.
👉 AvaTrade does not charge extra commissions to Islamic accounts, despite applying wider spreads to offset the absence of overnight fees.
Best Shares Trading App in Nigeria
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 NGN
Regulators
FSA, FCA, ASIC, DFSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
66
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Axi has the best shares trading app in Nigeria. The Axi app is downloadable for iOS and Android mobile devices. With this website-hosted program, traders may do every task that would ordinarily be performed on a larger display.
👉 A further advantage of the Axi app is that Nigerian traders do not have to be concerned about “losing their position” while switching between desktop and mobile devices.
Best Lowest Spread Shares Trading Broker in Nigeria
Overall Rating
- 4.7/5
Min Deposit
USD 200 / 82900 NGN
Regulators
ASIC
Trading Desk
Metatrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, IC Markets is the best lowest spread shares trading broker in Nigeria. With the True ECN account from IC Markets, it is possible to trade micro-lots as small as 0.01 lot size with zero-pip spreads.
👉 In addition to having some of the lowest spreads, ECN transactions incur a charge of $3.5 for every $100,000 traded.
Best Nigerian Naira Trading Account Shares Trading Broker in Nigeria
Overall Rating
- 4.9/5
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Exness is the best Nigerian Naira Account shares trading broker in Nigeria. Exness is a multi-asset broker that offers a variety of trading accounts.
👉 This gives a suitable option for Nigerian traders regardless of their trading style or approach. Exness provides the most advantageous Nigerian Naira accounts that are free of currency conversion expenses.
Best Nasdaq 100 Shares Trading Broker in Nigeria
Overall Rating
- 4.8/5
Min Deposit
USD 50 / 20725 NGN
Regulators
CySec, FCA
Trading Desk
None
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, eToro is the best Nasdaq 100 shares trading broker in Nigeria. eToro has over 20 million clients and provides Nigerians with some of the top copy trading tools for trading stocks.
👉 eToro provides favourable trading circumstances for the Nasdaq 100, and traders are allowed to use a variety of trading tactics while trading this popular asset.
Best Volatility 75 / VIX 75 Shares Trading Broker in Nigeria
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 41450 NGN
Regulators
CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA
Trading Desk
WebTrader
Total Pairs
70
Crypto
Yes (Availability subject to regulations)
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Plus500 is the best Volatility 75 / VIX 75 shares trading broker in Nigeria. Plus500 is one of the best CFD brokers in the industry that offers VIX 75. Nigerians can use the powerful proprietary trading platforms of Plus500 to gain access to this popular index.
👉 Plus500 charges competitive spreads on major instruments and the benefit that Nigerians will find is that trades are commission-free.
Best NDD Shares Trading Broker in Nigeria
Overall Rating
- 4.7/5
Min Deposit
USD 1 (415 NGN)
Regulators
IFSC, FSCA (south africa), ASIC, CySEC
Trading Desk
MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.
Crypto
Yes
Total Pairs
250
Islamic Account
Yes
Trading Fees
Low
Welcome Bonus
$140 (58 116 NGNFind out More)
Account Activation Time
Instant
👉 Overall, FBS is the best NDD shares trading broker in Nigeria. FBS’s non-dealing broker system and copy trade applications speed up order execution.
👉 After registration and login, FBS’s website offers two MetaTrader trading platforms (MT4 and MT5) for trading and investing in a variety of assets. FBS also provides Nigerians access to its FBS Trader app through which crypto can be traded.
Best STP Shares Trading Broker in Nigeria
Overall Rating
- 4.1/5
Min Deposit
USD 10 / 4145 NGN
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Desk
MetaTrader 4, MetaTrader 5, cTrader and TradingView
Crypto
No
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Trading margined products carries a high level of risk. Pepperstone Markets Kenya Limited, CMA Licence No. 128
👉 Overall, Pepperstone is the best STP shares trading broker for traders in Nigeria. Pepperstone is a household name in the Forex and CFD trading industry.
👉 Pepperstone is the best copy and algo broker because of its STP/ECN hybrid technology and range of tools and plugins.
Best Sign-Up Bonus Shares Trading Broker in Nigeria
Overall Rating
- 4.8/5
Min Deposit
USD 1 / 415 NGN
Regulators
CySEC, FSC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
4
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, InstaForex is the best shares trading sign-up bonus broker in Nigeria. Most individuals choose InstaForex’s comprehensive and specialized educational services. The contests and promotions offered by InstaForex allow traders to gain experience and win prizes.
FAQ
Where is Academy Press plc located?
Academy Press plc is headquartered in Lagos Nigeria.
Who is the CEO of Academy Press plc?
Olugbenga Ladipo is the current CEO, Managing Director, and the Director of Academy Press plc.
What is the price of ACADEMY shares today?
ACADEMY shares are 1.89 NGN [2022/07/10].
Are ACADEMY shares a promising investment?
Yes, ACADEMY shares are considered a “Strong Buy” by analysts.
Where can I buy ACADEMY shares?
You can buy, sell, and trade ACADEMY shares from any registered and CBN-licensed stockbroker that is permitted to buy, sell, and facilitate the trade of shares on the NGX.
