- 1 Can a broker steal your money?
- 2 Is OPay registered with CBN?
- 3 Is OPay a bank?
- 4 Who are the owners of OPay?
- 5 Is it safe to give out BVN number?
- 6 What are 4 types of investments?
- 7 How do you use invest?
- 8 How much do investment brokers charge?
- 9 How do you avoid fake brokers?
- 10 Is cash in a brokerage account safe?
- 11 How can I send money to Nigeria 2021?
- 12 Is OPay available in USA?
- 13 Can I receive money from abroad to my OPay account?
Please shine your eyes! OPay is not associated with any Investment Platform or Donation Platform. Don’t lose your hard-earned money to fraudsters!
Considering this, can I invest with OPay? OWealth is a Savings and investment platform built into the OPay App that enable you save part or all of your OPay fund to get an annual interest. … OWealth investment avenue allows investors to save any amount of money. You can go the full year or more or you can withdraw your money at any time.
Also, how do you know if an investment company is real? Licensed: The investment company should be licensed with the Financial Services Conduct Authority (FSCA) and should display their FSP number on all their marketing material, including their website, business cards, brochures and social media pages. If you’re unsure, phone the FSCA and verify the organisation.
Subsequently, what is OPay trade investment? Opay investment platform is a system matrix payment that double your investment in less than 3hour Time. … More currency like bitcoins and we get triple of your investment in less 3 hours time,and we give u double of your investment,then 1% is our profit..
Best answer for this question, can I trust OPay? We want all our customers to know that OPay remains their trusted financial partner. Our platform has a robust and tested infrastructure to keep their funds safe and secured at all times, and no funds can be moved without confidential information such as passwords or OTP on our platform.All investments are held in safe custody by a licensed securities custodian which protects all investments. We are protected by the Securities & Exchange Commission. We aren’t rigid with our investment options. It doesn’t matter who you bank with, you can access our product offerings.
Can a broker steal your money?
The broker cannot execute trades without the client’s consent or transfer funds from his bank account to conduct transactions with another broker. He cannot also transfer stocks for offmarket trades or merge the balance from other accounts to nullify debit in any other trading account.
Is OPay registered with CBN?
Our businesses are licensed and regulated by the Central Bank of Nigeria – like any established financial institution – and OPay is today one of the leading Fintechs in Nigeria.”
Is OPay a bank?
OPay is a Fintech company that facilitates mobile transactions through the use of its mobile app. You can recharge your airtime, transfer cash to other users, pay your bills, withdraw money into your bank account and do many other things with OPay.
Who are the owners of OPay?
“We want to be the power that helps emerging markets reach a faster economic development,” said Zhou Yahui, founder and chief executive of OPay, in the statement. Zhou also founded Chinese gaming company Beijing Kunlun Tech Co Ltd (300418.SZ), which was once the owner of the popular dating app Grindr.
Is it safe to give out BVN number?
Risks in disclosing you BVN There have been reservations among bank customers about BVN fraud, how fraudsters can use a bank customer’s BVN to steal funds in the bank account of such customer. Nigerian Banker says disclosing your BVN to any person or group does not pose any threat to the funds in your bank account.
What are 4 types of investments?
- Growth investments.
- Defensive investments.
- Fixed interest.
How do you use invest?
- Step 1: Log in to your EPF i-Akaun: https://secure.kwsp.gov.my/member/member/login.
- Step 2: Click ‘Investment’
- Step 3: Click ‘Transaction’ → ‘Buy’
- Step 4: View your eligible investment amount at a glance; no manual calculations needed!
- View the sales, redemption and switching charges from all FMIs in one page.
How much do investment brokers charge?
Full-service brokerage fees The standard commission for full-service brokers today are between 1% to 2% of a client’s managed assets. For example, Tim wants to purchase 100 shares of Company A at $40 per share.
How do you avoid fake brokers?
- Beware of Cold Contacts.
- Have a Conversation.
- Do Some Research.
- Verify SIPC Membership.
- Check Your Statements Regularly.
- When in Doubt, Withdraw Funds and Complain.
- The Bottom Line.
Is cash in a brokerage account safe?
Cash and securities in a brokerage account are insured by the Securities Investor Protection Corporation (SIPC).
How can I send money to Nigeria 2021?
- 1.1 #1. MoneyGram. 1.1.1 How to send money abroad from Nigeria using MoneyGram.
- 1.2 #2. Western Union.
- 1.3 #3. Paypal.
- 1.4 #4. PayStack.
- 1.5 #5. Neteller.
- 1.6 #6. WorldRemit.
- 1.7 #7. Transferwise.
- 1.8 #8. Payoneer.
Is OPay available in USA?
The partnership between OPay and WorldRemit will provide Nigerians with a fast, easy and more affordable way to receive money from over 50 countries including the United States, United Kingdom and Canada directly into their mobile phones.
Can I receive money from abroad to my OPay account?
Nigerians will be able to transfer and receive money directly into their OPay mobile wallets from over 50 countries worldwide. According to Opay’s Director of Remittance Service, Mr Kunle Olamuyiwa, the service is ready to launch in September and it will be affordable.