Raenest Stocks lets you invest in U.S. stocks and ETFs directly from the Raenest app. You can buy, sell, and manage your investments, all in one place.
The feature is built for both first-time investors and users already familiar with stock investing who want a simpler, faster alternative.
Raenest provides the technology, while regulated third-party partners handle brokerage, custody, and trade execution.
Who can use the Stocks feature?
Any Raenest user who has completed identity verification can access the stocks feature. If your account is verified, you’re eligible to get started.
Every Raenest Stocks user gets one commission-free buy or sell trade each month. Once you use it, standard trading fees apply to subsequent trades for that month.
How to access Stocks
You can access Stocks in two ways:
Tap Stocks on the bottom navigation bar
Or tap the Buy stocks quick action
The first time you open Stocks, you’ll see a short welcome screen. After that, you’ll go straight to your portfolio.
Setting up your investment account
Before you can start investing, you’ll need to complete a one-time investment setup. This is required by regulations and helps us create your brokerage account. You’ll be asked to provide:
Employment details
Occupation
Employer (if applicable)
Source of income
Monthly income range
Liquid assets
Affiliations
You’ll need to confirm whether you:
Work with or are affiliated with a U.S.-registered broker-dealer or FINRA
Are a senior executive or own 10% or more of a publicly traded company
Agreements
You’ll also need to review and agree to the investment terms and disclosures.
For U.S. users
You’ll be asked to confirm your citizenship or residency status.
Once completed, your brokerage account is created and you can start investing.
Note: If you already provided employment details when creating a USD account, you won’t need to re-enter them. You’ll only complete the additional stock-related fields.
Understanding your Trading Wallet
Your Trading Wallet is a dedicated USD wallet used for stock investing.
You fund it to buy stocks
Proceeds from sold stocks settle into it
Dividends are paid into it
Funding your Trading Wallet
You can fund your Trading Wallet from any Raenest balance:
USD
NGN
GBP
EUR
The minimum funding amount: $2
Your trading wallet currency: USD
Fees
Funding from USD is free
Funding from other currencies may include a conversion fee
Buying stocks
Here’s how buying stocks works:
Select a stock or ETF
Enter the amount in USD
Choose the wallet to pay from
Review estimated shares and fees
Confirm your order
Fractional shares
You don’t need to buy a full share. If a stock costs $100 and you invest $10, you’ll own 0.1 shares. This makes it easier to start small and diversify.
Selling stocks
To sell a stock:
Select the stock from your portfolio
Enter an amount or tap Sell all
Review the details
Confirm the sale
"Sell all" closes your position by selling all shares you own for that stock.
When are trades executed?
Buy and sell orders are executed during U.S. market hours:
9:30 AM – 4:00 PM ET
2:30 PM – 9:00 PM WAT (3:30 PM – 10:00 PM WAT during daylight savings)
You can place orders outside market hours, but they’ll only execute when the market opens. The app shows whether the market is open or closed.
Withdrawals from the Trading Wallet
When you sell a stock:
Funds go into your Trading Wallet immediately
You can use them to buy other stocks right away
You can withdraw them after the next market day (T+1)
Available to Withdraw
This shows the amount you can move from your Trading Wallet to your Raenest USD balance.
Minimum withdrawal: $2
Withdrawal fees: None
Withdrawals can only go to your USD balance.
Fees on stock trades
Each user gets one commission-free trade every month. After that, standard trading fees apply. Raenest charges a trading commission on every buy and sell:
0.8% of the trade amount
Minimum fee: $0.75
If you’re buying from a non-USD balance, a currency conversion fee may also apply.
Dividends
Some stocks pay dividends. When a company pays dividends:
The payout is credited to your Trading Wallet
You’ll get a notification once it’s processed
Investment limits
Your limits depend on your KYC level and apply daily:
KYC Level | Daily Limit – Trading Wallet Funding | Daily Limit – Buy Stocks | Sell Stocks Limit | Withdrawal Limit |
Tier 1 | $7,000 | $7,000 | No limit | $5,000 |
Tier 2 | $10,000 | $10,000 | No limit | $8,000 |
Tier 3 | $12,000 | $12,000 | No limit | $10,000 |
Tier 4 & 5 | $15,000 | $15,000 | No limit | $12,000 |
A quick note on investing
Raenest does not tell you what stocks to buy or sell. We provide:
Access to the market
Helpful explanations
Curated categories to make discovery easier
Your investment decisions are always yours. Stock prices can go up or down, and investing always carries risk.