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Is Investing.com Good? Experts Assess The Prominent Financial Portal

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investing

Experts at Traders Union analyze Investing.com, one of the world’s leading financial portals with a wide range of tools, resources, and insights for investors. The evaluation will focus on the platform’s features, usability, educational resources, and the overall investor experience it offers.

What is Investing.com?

Founded in 2007, Investing.com is a comprehensive financial application that serves as a valuable resource for traders seeking market insights. With real-time stock market news, it keeps users well-informed about market volatility. TU experts assured that the app, used by millions of traders and investors, delivers accurate updates on business, finance, and the stock market. Distinguished by exceptional features, it provides real-time quotes for a wide range of financial products, live updates on customized events, portfolio services for efficient investment management, watchlist creation, and instrument tracking. With real-time quotes and other tools and calculators, Investing.com has become a go-to platform for traders.

Right choice

So is Investing.com good or not? According to experts at Traders Union, it is a highly popular financial app, offering valuable benefits to both investors and traders. It provides quick global data on smartphones, keeping users well-informed for effective investment planning. The app facilitates creating a strong portfolio, monitoring assets, and tracking favorite stocks through a personalized watchlist. With live updates from over 70 exchanges worldwide, including major indices and bond information, Investing.com simplifies the trading and investing process, empowering users to stay ahead in their financial endeavors.

Main features of Investing.com

Investing.com is a comprehensive platform offering a wide range of information on various asset classes, including stocks, commodities, cryptocurrencies, and more. The platform features a highly frequented News section delivering valuable market insights, while the Analysis section provides expert perspectives and potential trading strategies. Powerful charting tools and technical indicators are available in the Charts and Technical sections, catering to both beginners and advanced traders. The Brokers section assists in selecting the right trading platform, while diverse tools and calculators in the Tools section enhance trading efficiency. Lastly, the Education section provides valuable resources for traders of all levels, empowering them with knowledge and skills to navigate the financial markets successfully.

Is Investing.com legit?

One of the world’s most successful portals, investing.com, ranks among the top three. It operates under the regulation of reputable bodies, ensuring trader safety. The platform collaborates with reliable brokers possessing valid licenses, prioritizing customer data privacy and transparency to prevent fraudulent practices and ensure absolute security for traders. If you want to know how to check if a broker is regulated, you can verify this information on the website.

Pros and cons

TU analysts determined the most critical benefits and drawbacks of Investing.com.

Pros:

  • Real-time data, quotes, and charts are available for free, making it accessible to a wide range of users.
  • The website is designed for easy navigation, suitable for beginners in financial markets.
  • It includes a broad range of financial instruments, such as stocks, Forex, commodities, and cryptocurrencies, offering users diverse options.
  • Investing can be tracked and updated using a personalized watchlist.
  • Up-to-date news and analysis on financial markets and individual instruments aid users in making informed decisions.
  • The availability of a mobile app allows users to access real-time data, news, and analysis on the go, providing convenience and flexibility.
  • A community section facilitates engagement with other traders and investors, allowing users to share ideas and seek advice.

Cons:

  • The platform lacks direct trading capabilities, requiring users to use separate platforms for executing trades.
  • The presence of advertisements may be distracting for some users.
  • Occasional delays or inaccuracies in quotes and technical indicators have been reported by some users.
  • The analytical reviews provided by authors are subjective and should be treated as opinions rather than definitive trading advice.

Conclusion

According to Traders Union analysts, Investing.com is a prominent global financial portal that offers valuable resources to empower investors and traders of all levels. The platform’s comprehensive coverage, real-time data access, and user-friendly interface make it a valuable tool for staying informed and making informed decisions in the financial markets.

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Economy

Geo-Fluids, Afriland Properties Lift NASD Bourse by 0.13%

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shareholders of Afriland Properties

By Adedapo Adesanya

The duo of Geo-Fluids Plc and Afriland Properties Plc propelled the NASD Over-the-Counter (OTC) Securities Exchange up 0.13 per cent on Friday, January 10.

Investors gained N1.4 billion during the trading session after the market capitalisation of the bourse ended at N1.053 trillion compared with the previous day’s N1.052 trillion, and the NASD Unlisted Security Index (NSI) increased at the close of business by 4.07 points to wrap the session at 3,073.93 points compared with 3,069.86 points recorded at the previous session.

Geo-Fluids added 25 Kobo to its value to close at N4.85 per unit compared with the previous session’s N4.60 per unit, and Afriland Properties Plc gained 24 Kobo to close at N16.25 per share versus Thursday’s closing price of N16.01 per share.

There was a 35.4 per cent fall in the volume of securities traded in the session as investors exchanged 4.3 million units compared to 6.6 million units traded in the preceding session, the value of shares traded yesterday went down by 37.4 per cent to N17.2 million from the N27.5 million recorded a day earlier, and the number of deals decreased by 47.2 per cent to 19 deals from the 36 deals recorded in the preceding day.

FrieslandCampina Wamco Nigeria Plc remained the most active stock by value (year-to-date) with 1.9 million units worth N74.2 million, followed by 11 Plc with 12,963 units valued at N3.2 million, and Industrial and General Insurance  (IGI )Plc with 10.7 million units sold for N2.1 million.

IGI Plc closed the day as the most active stock by volume (year-to-date) with 10.6 million units sold for N2.1 million, trailed by FrieslandCampina Wamco Nigeria Plc with 1.9 million units valued at N74.2 million, and Acorn Petroleum Plc with 1.2 million units worth N1.9 million.

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Economy

Naira Depreciates to N1,543/$1 at Official Market

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Naira-Yuan Currency Swap Deal

By Adedapo Adesanya

The Naira witnessed a depreciation on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, January 10.

According to data from the FMDQ Exchange, the local currency weakened against the greenback yesterday by 0.12 per cent or N1.80 to sell for N1,543.03/$1 compared with the preceding day’s N1,541.23/$1.

The pressure on the domestic currency came as the access granted to the Bureaux de Change (BDC) operators by the Central Bank of Nigeria (CBN) to purchase FX from the official market through the Electronic Foreign Exchange Matching System (EFEMS) platform prepares to end next week, precisely on January 19.

The CBN had given a 42-day window to the operators to access the platform to help stabilise the Naira in December, and this expires next week.

On Friday, the Nigerian currency tumbled against the Pound Sterling in the official market by N30.78 to sell for N1,889.29/£1 compared with the previous day’s N1,858.51/£1, but gained N5.48 against the Euro to finish at N1,583.81/€1, in contrast to Thursday’s rate of N1,589.29/€1.

As for the parallel market, the Nigerian Naira remained stable against the US Dollar during the trading session at N1,650/$1, according to data obtained by Business Post.

In the cryptocurrency market, it was bearish as the US economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on Friday, topping forecasts for 160,000 and up from 212,000 in November (revised from an originally reported 227,000).

However, the readings came after a number of recent economic reports triggered a broad-market pullback across asset classes such as crypto as investors quickly scaled back the idea of a continued series of Federal Reserve rate cuts in 2025.

Cardano (ADA) fell by 3.6 per cent to trade at $0.921, Solana (SOL) slumped by 2.8 per cent to $185.93, Ethereum (ETH) depreciated by 1.4 per cent to $3,233.27, Litecoin (LTC) lost 1.3 per cent to finish at $103.62, Dogecoin (DOGE) shed 0.5 per cent to sell at $0.3315, Bitcoin (BTC), waned by 0.2 per cent to $94,154.43, and Binance Coin (BNB) went south by 0.1  per cent to $693.30.

On the flip side, Ripple (XRP) jumped by 1.5 per cent to settle at $2.34, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) sold flat at $1.00 each.

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Economy

Customs Street Crumbles by 0.08% as Profit-Takers Take Charge

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Customs Street

By Dipo Olowookere

Profit-takers took control of Customs Street on Friday, plunging it by 0.08 per cent at the close of trading activities.

The sell-offs were across all the key sectors of the Nigerian Exchange (NGX) Limited on last trading session of the week.

The insurance space went down by 1.53 per cent, the banking index depreciated by 0.41 per cent, the consumer goods sector weakened by 0.16 per cent, and the energy counter slumped by 0.08 per cent, while the industrial goods sector closed flat.

At the close of business, the All-Share Index (ASI) tumbled by 79.68 points to 105,451.06 points from 105,530.74 points and the market capitalisation retreated by N48 billion to N64.303 trillion from N64.351 trillion.

Yesterday, investors traded 1.5 billion shares worth N19.4 billion in 12,877 deals compared with the 489.5 million shares worth N13.1 billion transacted in 13,010 deals in the preceding day, indicating a decline in the number of deals by 1.02 deals and a rise in the trading volume and value by 203.14 per cent and 48.09 per cent, respectively.

Wema Bank was the busiest stock with 976.2 million units valued at N9.8 billion, Tantalizers traded 53.0 million units worth 129.6 million, Universal Insurance sold 34.8 million units for N26.8 million, Access Holdings exchanged 33.9 million units valued at N843.8 million, and Nigerian Breweries traded 27.3 million units worth N873.3 million.

The heaviest loss was suffered by Sunu Assurances with a decline of 9.99 per cent to trade at N7.30, Eunisell shed 9.96 per cent to N17.35, SAHCO crumbled by 9.87 per cent to N30.15, DAAR Communications plunged by 9.28 per cent to 88 Kobo, and Sovereign Trust Insurance went down by 7.04 per cent to N1.32.

On the flip side, C&I Leasing gained 10.00 per cent to close at N4.51, Honeywell Flour appreciated by 9.99 per cent to N10.02, Trans Nationwide Express jumped by 9.89 per cent to N2.00, RT Briscoe rose by 9.83 per cent to N2.57, and Secure Electronic Technology grew by 9.46 per cent to 81 Kobo.

Business Post reports that the bourse ended with 33 price gainers and 25 price losers, indicating a positive market breadth index and strong investor sentiment.

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