Four steps, no lorry required
Buying a commodity has historically meant a warehouse, a broker, a lorry and a minimum order measured in tonnes. This is the same asset, reached the way you would buy a stock.
Open an account
Your name, mobile number and email. About three minutes, and nothing is charged.
You can browse the market before opening an account. You only need one to invest.
Verify your identity
Your BVN or NIN. We check the name against the record and nothing more.
Verification is a legal requirement for anyone handling client money, and it is what lets a bank issue you a funding account in your own name.
Fund your wallet
You receive a dedicated account number. Transfer from any Nigerian bank and your wallet is credited automatically.
Client funds sit in a segregated account at a partner bank — not in ThynkTrade's own accounts.
Buy from ₦2,000
Enter a naira amount. The weight and your share of the warehouse lot resolve underneath as you type.
Every fee is itemised to the kobo before you confirm — 0.85% commission plus 7.5% VAT on that commission.
Sell when you want
A licensed partner quotes a buy-back price. You see the spread before you accept it.
Funds reach your wallet on T+2, the same cycle as a purchase.
What can go wrong
Commodity prices fall as well as rise, and a stored crop can lose value while you hold it. A buy-back price is quoted by a partner, so how quickly you can exit depends on them quoting. None of this is a deposit, and none of it is guaranteed.
We would rather you read that here than discover it later.
Open an account in three minutes
Your BVN and NIN are all it takes. Fund from any Nigerian bank or straight from your ThynkPay wallet.