Kuda Bank is a digital bank based in Nigeria that offers a variety of banking services, including a trading account. This type of account allows individuals to trade stocks and other securities on the US stock market.
With Kuda trading account, you can invest in US NYSE stocks & shares in Nigeria. It’s easy to add USD to your account and buy fractional shares to invest in your future. Kuda Bank trading account holders can also access their account information and trade history through the Kuda Bank mobile app. This makes it easy to monitor and manage trades on-the-go.
How to Create a Trading Account on Kuda
If you don’t have a Kuda account yet, here’s how to quickly create one: To open a Kuda bank account, you’ll need to first download the Kuda bank app – Which is available on both Google Play Store and App Store.
Kuda will request the following details: email address, password, an optional referral code, your bank verification number (BVN), your full name, your phone number for verification, and a login pin you’ll need whenever you need to access the app.
Once you’ve provided all this information, your account will be created, and you will be assigned a Kuda bank account number.
You can now follow the steps below to setup your trading account:
- Open the Kuda app, then tap Invest
- Tap US Stocks
- Tap “Find a stock”, then search for the stock you’d like to buy.
- Next, you’d need to tap on the stock when you find it. Read the stock information.
- Then tap Get Started. Read the disclaimer and then tap Continue
- The next thing is to set up your profile. Answer all the questions and then Add money to your stock account.
Overall, Kuda Bank’s trading account is a convenient and cost-effective way for individuals to invest in the US stock market. It offers a user-friendly platform and a wide range of financial instruments to choose from, making it suitable for both novice and experienced traders.