12 Best Investment Apps for Beginners In 2023


Want to get your finances in order? Here are some of the best investment apps that can help you manage your investments with ease. Read to know more below;


Do you feel like you struggle with maintaining your finances? Get your spending back in order by exploring some of the best investing apps to revitalize your financial health. With some of the best investing apps, you can invest efficiently, across different assets and track your gains in real-time. Additionally, achieving your long-term savings goals is also possible with the investment apps listed below. The apps listed below are beginner-friendly. To suit your financial goals and achieve them, learn more about how you should pick the best investment app in Nigeria for yourself. 

12 Best Investment Apps for Beginners In 2022

Top 12 best investment apps in Nigeria 2023

Pillow Fund

Pillow Fund is Nigeria’s best dollar savings app that allows you to virtually save your funds in dollars while earning daily passive income. You can earn 14% annual interest on your deposit. Pillow is available across 60+ countries. Additionally, you can deposit and trade crypto on the app to earn high returns.

With Pillow, you can invest in dollars through fiat currency or Naira and earn returns. You can start your investment journey with as little as NGN 3000! Additionally, you earn returns every day. 14% interest is credited to your account annually.

You can access all your holdings and save them in your Pillow wallet. Buy and sell your favourite tokens while earning interest on your deposits. Trade your favourite tokens and earn high returns on your investments.

Earn passive income on your savings. Earn up to 50% returns by investing in your favourite tokens like BTC, ETH, SOL, MATIC, AXS and more.

All assets deposited on Pillow Fund are securely stored with BitGo. Additionally, all deposits in custody are protected against any incidents with a $250 million insurance policy.


PiggyVest allows you to save and invest easily by cutting down on your excess spending. You can stash additional funds away and watch your money grow. PiggyVest allows you to track your investment gains daily. PiggyVest allows for savings with convenience and flexibility. 

PiggyVest is a purely digital savings company. PiggyVest has several savings and investment plans for differentiated needs, offering an array of services. You can use Piggybank, Target Savings, Investify and more to meet your personalized savings target. You can use the Piggybank if you would like to save and withdraw every quarter. You can use Target Savings to save towards specific goals like a college education. You can use SafeLock to lock away funds for extended periods to achieve your long-term goals. Further, you can diversify your portfolio with low-risk investment options through Investify.

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Cowrywise is a Nigerian mutual funds app like Piggyvest and Paylater. It is one of the best investment apps for beginners. You can save and invest in mutual funds using Cowrywise. Apart from mutual funds, you have the chance to explore money market funds and halal investments. You can stash aside a lump sum of money by using the fixed savings plan on Cowrywise. 

You can invest and earn daily in Nigeria through Cowrywise as interest is paid out daily. 


Carbon is an app that allows for personal finance solutions. You can start investing with as little as 100 NGN on the app. Assured returns can go up to 16% on Carbon. Additionally, you can customize your investment duration between 3 months to 12 months, quarterly or yearly. You can set up a periodic target to achieve your goals. You can open a new Carbon bank account from your phone or computer and follow the simple on-screen steps to register for an account in minutes.


Bamboo is an online stock investing app. You can explore American and Nigerian local stocks on the platform. You get exposure to 3500+ stocks on the app. You can buy, hold or sell foreign or local stocks on the app. The minimum investment amount is USD 20. Hold on to your investments for as long as possible and for as long as you like. When you withdraw, it can take anywhere between 1-3 days to see the money in your bank account. Bamboo uses state-of-the-art bank-level security, data encryption and two-factor authentication (2FA) protection on all accounts.


With Accrue, you can invest in stocks, crypto and dollars by using the dollar-cost averaging principle. Dollar-cost averaging is an investment strategy where you repeatedly invest a fixed dollar amount in an asset, irrespective of its price. Accrue uses this dollar-cost averaging strategy to mitigate risk and reduce the impact of price volatility on your investments. Accrue is a long-term wealth-building app built for beginners to invest. 

You can save in dollars (stablecoins) and earn up to 5% annual interest. You can also auto-invest in the top-performing stocks and cryptocurrencies with minimal risk and likelier profit. You can withdraw your money to your bank account within minutes.

You can invest in the Accrue App for as little as $1. You can invest in 100+ assets such as stocks, crypto, and USD with daily, weekly, bi-weekly, and monthly investment plans. 


RiseVest is an app that allows dollar investments that help you grow. 

Your money is invested in high-quality assets to build wealth and achieve your financial goals. RiseVest connects users to US investments that earn returns in dollars. You can get started with a minimum of $10.

You can build wealth on RiseVest. Build a personalized investment plan for yourself. Get financial advice from experts who provide guidance in your investing journey and help you feel more confident in your investment decisions. To manage your wealth well, RiseVest can invest and manage your money in a global portfolio of dollar investments. You can explore fixed-income assets, stocks and real estate on the app. Earn between 10% to 15% on the app. 

Chipper Cash

Chipper Cash allows you to send and receive money across Africa. With Chipper Cash, you can invest in Stocks and crypto as well. Additionally, you may invest in fractional shares of foreign publicly listed companies like Apple and Nike. Chipper Cash offers low commissions and fast trade executions.


Get Equity is a private marketplace for investors and companies to trade digital securities and assets privately and securely, the platform allows companies or enterprises to digitalize their assets via tokens and creates liquidity for them by connecting them to investors and syndicates who can buy and sell these assets. GetEquity allows you to invest in Nigerian startups! Any startup from its seed stage to the IPO stage can be invested in by using the GetEquity app. You can invest as little as $10 in the startups you love! This crowd-funding technique has given rise to several high-growth and promising innovations from Africa. GetEquity uses tokenised equity; which is the digital version of real security assets (equity).


Trove is one of the legit investment platforms in Nigeria. You can buy local and foreign stocks on Trove. Additionally, you can explore bonds, REITs and ETFs as investment options. The minimum investment amount is NGN 1000. Trove ensures your personal information is well encrypted with 256-bit encryption. To get started on Trove, you would need a deposit of $10 or ₦1,000. 


Crowdyvest is an impact-driven financial technology platform that creates financial solutions for a community of individuals and organizations that are committed to long-term growth and financial freedom. Crowdyvest was built with top-grade security features and our payment processor is PCIDSS compliant (the highest form of security required by CBN). 


Chaka is one of the best investment apps for beginners. On Chaka, you can invest and earn through local and foreign stocks. You can start trading shares with Chaka from as low as $10 or N1000. You can track returns on investments purchased on the Chaka website or app. Additionally, you can withdraw your cash within 12 hours on the same day. If you want to withdraw realised gains from stocks, it can take 2 or 3 days to process the transaction. Chaka is a technology solutions company on a mission to enable every business and person in Africa

to access borderless digital investment and wealth management opportunities.

Chaka combines investment expertise and best-in-class technology to provide reliable digital investing, trading and wealth management solutions that are easy to use and easy to integrate.

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What Should You Look for When Choosing an Investment App?

When you look for investment apps online, picking the right one for yourself may be a task, considering the number of options available. The best investing app for yourself will depend on your investment style. Are you an active investor? Or do you like to invest and forget about it? Do you want to take lower risks or are you willing to play as per high-stake risks to get the rewards back? 

Additionally, consider the asset class every app offers. Some apps may specialize in blue-chip cryptocurrency while others may serve your purpose if you’re looking to invest in mutual funds. 

You may have to do your research on a multitude of factors. Understand everything the app has to offer and ensure it aligns with your financial goals before you sign up and make your first deposit.

If you are looking for the best investment app, you may be new to the world of investing. That means you’ll want an easy-to-use platform with generous educational resources.

But because investing is all about the long game—you could be investing for 40 years or more if you’re saving for retirement—you also want an app that you can grow with. That’s why even as a beginner, you ideally should seek out a platform that offers robust research tools, a wide range of account types and low fees so you don’t feel like you have to switch providers when you’ve become a more advanced user.

And, while ultimately, you want a good app experience, you also inevitably sign up for so much more when you open an account with an investment app. That’s why it’s important to consider the broader company powering the investment app you download.

You’ll notice our top choices in this listing also rank highly in other brokerage, Robo-advisor and crypto exchange listings we’ve conducted. You’ll want to make sure whichever investment app you choose offers a quality web-based experience and customer service so that should you decide to expand past your investment app’s main platform you’ll be well served.


Some apps have special features which focus on education over executing trades. For example, for investing in dollars and blue-chip stablecoins, you can explore Pillow Fund as it is more beginner friendly. 

Additionally, if you’re interested in mutual funds and stable long-term savings goals – you can explore Cowrywise. You need to know what your financial goals are before you invest. It can be stocks, bonds, mutual funds, cryptocurrency or dollar savings. 

These investment apps can give a variety of different features and benefits. You will have to select which ones meet your needs. Some investing apps work for active traders but if you like leaving your investments on auto-pilot, there are options for that as well. 

DISCLAIMER: This article is for general information only. This article does not address financial circumstances on an individual level. This article is not professional financial advice. In case you have concerns beyond this current list, please reach out to a financial advisor of your choice. Any action you may pursue after reading this article is only at your own risk and responsibility. 

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