Everything you're wondering, answered.

What you actually own, how onboarding works without a BVN, what it costs, and how your money is kept safe.

Getting started

XODOS is an investment platform that lets you buy shares in African companies from abroad. You can invest in companies listed on African stock exchanges using one XODOS account.

At launch, XODOS is available to residents of the United Kingdom, the United States and Canada. You must also complete our identity verification before investing.

No. Anyone living in one of our supported countries can open an account if they meet our verification requirements.

The Nigerian Exchange (NGX) is live today. New markets are added as soon as they're fully operational.

Yes. Every investment on XODOS is a purchase of real shares through licensed local brokers. You own the shares in your name and are entitled to any dividends or shareholder rights attached to them.

Opening your account

A government-issued photo ID, proof of address, and a quick selfie verification.

Most accounts are verified within 24 hours. If we need more information, we'll contact you with clear instructions.

Financial regulations require us to verify every customer's identity before they can invest. This helps protect investors and prevents fraud and financial crime.

No. One XODOS account gives you access to every market available on the platform.

Deposits and withdrawals

Fund in GBP, USD or CAD by bank transfer or debit card, converted via Flutterwave with the rate and fees shown upfront.

Yes. Once you've sold your investment and the trade has settled, you can withdraw your money back to your linked bank account.

Withdrawal times depend on the market you're investing in. NGX has settled on a T+1 cycle since June 2026, so trades settle the next business day and proceeds typically arrive within 1–3 business days.

Yes. The minimum investment is $10. We've kept it low so anyone can start investing.

Investing

You can buy shares in companies listed on the African stock exchanges available through XODOS.

Trades can be placed whenever you like. NGX trading hours are 9:00am–4:00pm WAT, Monday to Friday, excluding Nigerian public holidays. Orders are executed when the relevant stock exchange is open.

No. We provide research and market information to help you make informed decisions, but we don't provide financial advice.

ACMI is XODOS's market insights tool. It helps you understand listed companies, market news and financial information in simple language.

Yes. If a company pays dividends, they'll be credited to your XODOS account after any applicable taxes have been deducted.

Fees

A 1% trading fee and a 2% currency conversion fee.

No. You'll always see all applicable fees before confirming a transaction.

Security and regulation

We use industry-standard security measures to protect your account and personal information. Your investments are held separately from XODOS's own assets.

The custodian is RMB (Rand Merchant Bank Nigeria), with ARM Securities as executing broker.

XODOS is a technology platform. Where our services involve regulated financial activities, we work with licensed and regulated brokers and custodians who provide those services in accordance with applicable laws and regulations.

Your investments remain yours. Customer assets are held separately from XODOS's business assets.

Risks

Yes. Investing always carries risk. The value of shares can go up or down, and you may receive less than you originally invested.

The main risks are market price changes, currency exchange movements, country-specific economic or political events, and liquidity — some shares may take longer to sell. Only invest money you can afford to leave invested.

Tax

Depending on where you live, you may owe tax on dividends or investment gains. Some taxes may also be deducted in the country where you invest.

No. We provide transaction history and account statements, but we don't provide tax advice.

Support

You can reach our Customer Support team through live chat, email, or the Help Centre. Support is available 24 hours.

If you can't find the answer you're looking for, our Customer Support team will be happy to help. Contact us through live chat or email and we'll get back to you as quickly as possible.

Still have a question?

Customer Support is available on live chat and email, and the Help Centre is open 24 hours.

support@x-o-dos.com