Invest the Nigerian Exchange, ethically.

ETICO trades one Shariah-screened universe of NGX-listed stocks. Same-day execution, transparent fees, every name vetted before it reaches you.

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No account minimums. KYC verified via BVN in under 5 minutes.

SEC LICENSED
NGX MEMBER
T+3 SETTLEMENT
BANK-GRADE ENCRYPTION

The screened market, right now.

Click any stock through to its live page. The market page has the full Shariah-screened NGX universe with real-time prices. Free, no account required.

See the full market
MTNN
MTNN
AIRTELAFRI
AIRTELAFRI
JAIZBANK
JAIZBANK
LOTUSHAL15
LOTUSHAL15
DANGCEM
DANGCEM
BUACEMENT
BUACEMENT
WAPCO
WAPCO
BERGER
BERGER
CUTIX
CUTIX
BETAGLAS
BETAGLAS
NESTLE
NESTLE
UNILEVER
UNILEVER
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Browse every NGX ticker on the market page with live prices. Create an account only when you're ready to buy.

Browse market
Why ETICO

Built for people who take their portfolio seriously.

Same brokerage backend as our mobile app, restructured for the browser.

63Screened names, liveReal-time quotes across the Shariah-screened NGX universe.
0Non-compliant stocksRiba, alcohol, gambling and the rest never reach the list.
⌘KAny ticker, one keyFuzzy match the whole screened set, jump straight to trade.
3Risk tiersBlue-chips to small-caps, all within the screened universe.
15mIdle lock + re-authHttpOnly cookies, rate-limited endpoints, password per trade.
< 5mFund and tradeCard, bank transfer, USSD. Every fee itemized before you confirm.
One screened universe

Every stock, vetted before it reaches you.

ETICO trades one universe: a Shariah-screened slice of the Nigerian Exchange. No mainstream toggle, no exceptions. If it doesn't pass the screens, it isn't here.

ON THE NGX BOARD~150 listings
GTCOZENITHBANKUBAACCESSCORPNBGUINNESSINTBREWAIICOCORNERSTand the rest
Interest income over AAOIFI ratio
Alcohol, gambling, adult content
Conventional insurance and lending
Debt to equity above threshold
CLEARED FOR ETICO63
MTNNDANGCEMBUACEMENTNESTLEJAIZBANKSEPLATAIRTELAFRIBUAFOODSPRESCOOKOMUOILGEREGUFLOURMILLDANGSUGARTRANSPOWERLOTUSHAL15and 48 more
HOW WE SCREEN

Every stock on the list is checked against Islamic finance principles. If a company earns most of its money from interest, or operates in a prohibited category, it never reaches the board.

OUT
Interest-earning revenue over the AAOIFI ratio, alcohol, gambling, adult entertainment, conventional insurance, and companies carrying debt-to-equity above compliance thresholds.
IN
Telecom, agriculture, consumer staples, materials, utilities, and Islamic finance. Includes the NGX-listed LOTUSHAL15 Halal Equity ETF for direct exposure.
Browse the screened market
The product

Three surfaces. One brokerage.

Everything you do on ETICO happens in one of these three places. Pick a tab to see it live.

ETICO Dashboard screenshot
Simple pricing

One transparent commission.
Every fee itemized.

Regulator fees are passed through at cost and shown on the confirmation screen before you commit. No hidden markups, no custody fees, no monthly minimums.

BROKERAGE
0.75%
per trade, capped at ₦2M consideration
REGULATOR FEES · PASSED THROUGH AT COST
0.30%
NGX fee
Exchange
0.30%
CSCS fee
Depositary
0.30%
SEC fee
Regulator
0.075%
Stamp duty
FIRS · buy only
7.5%
VAT
on brokerage + fees
Every naira is calculated by the broker on the confirmation screen before you commit. Nothing here is estimated.
Full fee schedule with worked example
Questions

The short version.

The five questions we get asked most. Everything else lives on the full FAQ.

Read the full FAQ
Ready when you are

Start investing in Nigerian equities today.

Free to open. Fund in minutes. Fully compliant, fully transparent, and fully yours.

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