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Top 7 Best Investment Apps in Ghana

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Best Investment Apps in Ghana; Investment is the key to achieving financial independence. You must develop the practice of saving a certain amount of your income in order to increase your financial capability. Fortunately, Ghana offers a variety of chances to invest in overseas stocks.

Best Investment Apps in Ghana

What are Investment Apps?

Investment apps are mobile applications that enable individuals to invest in various financial instruments and manage their investment portfolios conveniently through their smartphones or tablets. These apps typically provide users with access to a range of investment options, real-time market data, account management features, and sometimes educational resources to assist in making informed investment decisions.

Investment apps can offer several advantages, such as:

  1. Accessibility: They provide users with the flexibility to manage their investments anytime and anywhere using their mobile devices.
  2. Convenience: Investment apps simplify the investment process by offering streamlined interfaces and intuitive features, making it easier for individuals to research, select, and invest in financial products.
  3. Diversification: Many investment apps offer a wide range of investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more. This allows investors to diversify their portfolios and spread risk.
  4. Automation: Some investment apps offer automated investment features, often referred to as robo-advisors. These tools use algorithms to provide personalized investment recommendations and manage portfolios on behalf of users.
  5. Education and Resources: Several investment apps provide educational materials, market insights, and investment resources to help users make informed decisions and expand their investment knowledge.
  6. Lower Costs: Some investment apps offer commission-free trading or lower fees compared to traditional brokerage services, making investing more accessible and cost-effective for individuals.

Top 7 Best Investment Apps in Ghana 2023

Below is the list of the 7 best personal investment apps in Ghana.

1. Achieve

The Achieve App is one of the best investment apps in Ghana. The Ghana-based digital platform partners with licensed fins managers to provide you with safe investment opportunities in Ghana.

All you need to do is to download the Achieve app on your android or apple device to get started.

How to Invest Through Achieve

Saving or investing through the Achieve app is simple. All you need to do is to follow the four (4) steps below;

  • Download and install Achieve from Google Play or Apple Store.
  • Sign up with a valid email address and answer a few questions on the app to verify your identity.
  • Set up your mobile money wallet to make top-ups and receive withdrawals. You can also use your Visa or MasterCard for top-ups.
  • Create your first investment account or goal account and start saving. It’s that simple!

Requirements to Activate Your Account

To start saving through the Achieve app, you need the following:

  • A valid email address;
  • A valid phone number;
  • A valid identification card –  Voter ID, Passport, Driver’s License, SSNIT card or National ID
  • Personal information; and
  • Your next-of-kin’s basic information.

Your next-of-kin is your closest living relative. The next-of-kin relationship is important to determine who will inherit your investment(s) if you die without a will. The information provided will be used to verify the person you choose.

2. Stash

Stash investment app is a personal finance app that can help individuals improve their financial life. With the app, you can budget and save for retirement. The app also features banking, investing, and advice to investors.

However, to use this app, you need to pay a fee. The app offers two affordable monthly plans, Stash Growth and Stash +. Stash Growth costs $3/month while Stash + cost $9/month.

3. Trove

Trove is one of the best investment apps in Ghana that offer individual access to various financial assets listed on major local and foreign stock exchanges. With Trove, you can deposit, save, invest and withdraw your funds. It is also worthy of note that Trove is not a registered broker-dealer or investment adviser.

4. Bamboo

Bamboo is one of the best investment apps in Ghana. The investment app offers you an opportunity to buy and sell thousands of US stocks in Ghana. Bamboo gives you unrestricted access to over 3,000 stocks listed on the US stock exchanges.

Interestingly, the app also enables you to diversify your holdings by buying into a bundle of stocks called an ETF. You can also track your portfolio performance over time with the app.

5. Investing.com

Investing.com is one of the legit personal investment apps in Ghana. With the app, you can get real-time updates for over 30,000 financial instruments that are traded on over 100 exchanges in the world.

You can also trade or monitor your investment portfolio from anywhere as well as retrieve, sort, and select data directly from your mobile device.

6. Ecobank TBILL4ALL

The Ecobank TBILL4ALL is one of the best investment platforms in Ghana. It is a mobile money-based investment service that allows Ghanaians to purchase and manage Government of Ghana Treasury Bills from mobile phones.

With just 5 GHC, you can purchase Government of Ghana 91 and 182-day Treasury bills from your MTN mobile wallet. To get started, dial *770# to register.

7. InvestSika

InvestSika is one of the upcoming investment apps in Ghana. With the App, you need a mobile money account and smartphone to start trading and investing in the stock market. InvestSika would also allow Ghanaians to buy and sell shares in local and foreign companies. With as little as GHC60, you can start your personal investment with InvestSika.

NOTE: It’s important to note that investment apps vary in terms of the specific features they offer, the financial products available, and the countries or regions they operate in. It’s advisable to research and compare different investment apps to find one that aligns with your investment goals, preferences, and the specific offerings available in your location.

Thanks For Reading our Article, If You have any Suggestions or Contributions concerning this Post kindly use the Comment Section below let’s hear from You.

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