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Nigerians can now invest in US stocks with no commission fees

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Sat, Dec 19, 2020 08:01 AM

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| | | | | PULSE OFFER : Nigerians can now invest in US stocks with no commission fees You don’t

[News]( | [Entertainment]( | [Lifestyle]( | [Sports]( | [Business]( | [Quizzes]( [Alternate text]( PULSE OFFER : Nigerians can now invest in US stocks with no commission fees You don’t need to be in the United States to invest in US stocks. [Passfolio]( is a new US broker-dealer that lets Nigerians and people from other 170+ countries invest in the US stock market. The best part? It’s commission-free.* Passfolio had been growing in Nigeria for the last months, and decided to offer more features specifically for Nigerian investors. Recently, they announced support for BVN verification and local bank transfers in the country. Now, Passfolio clients in Nigeria can easily convert Naira into US dollars to fund their accounts. For that, users are charged a fixed 0.2% fee and additional 1.4% fee capped at ₦2,000. More information about fees can be found [here](. [Alternate text]( Sponsored by Passfolio * Securities less than $5 cost $0.02/share. Please see Passfolio’s disclosures on other charges: [( Please read important legal disclosures: [( Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure. Currency and cryptocurrency exchange services provided by Passfolio Financial LLC, a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker dealer. Cryptocurrencies are not protected by either FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. Passfolio Securities LLC, Passfolio Financial LLC and Panchain, Inc. are separate but affiliated companies. To purchase securities using cryptocurrencies, you must first convert it into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [TikTok]( [Unsubscribe]( | [View Online]( | [Privacy policy]( | [Advertise With Us]( We inform & engage - 24/7 © 2020 pulse.ng. All rights reserved.

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