Springboard

Springboard
WikiStock Rating	⭐
Account Minimum	Not Mentioned
Fees	Not Mentioned
Promotions	No
Customer Support	(Between 8:00a.m and 5:00p.m every weekday) Phone, email and online messaging

What is Springboard？

　　Springboard was established in June 2000. Its core activities involve securities trading, encompassing transactions in government and company securities listed on the Nigerian Exchange or traded over the counter in the stock market. Despite its high profile and extensive range of services, Springboard currently operates without valid regulatory oversight.



Pros & Cons of Springboard

Pros	Cons
Tailored Account Options	Lack of Regulatory Oversight
Comprehensive Portfolio Assessment	Limited Operating Hours
Diverse Investment Options

Pros of Springboard:

　　- Tailored Account Options: Springboard offers a range of account options, including Individual, Joint, Corporate, and Estate accounts, allowing clients to choose the account type that best suits their needs and preferences.

　　- Comprehensive Portfolio Assessment: Springboard evaluates portfolios in detail, taking into account market conditions and long-term financial goals, to provide clients with a holistic view of their investments and help them make informed decisions.

　　- Diverse Investment Options: Springboard engages in securities trading activities involving government and company securities, offering clients a diverse range of investment options to potentially increase portfolio diversification and investment returns.

Cons of Springboard:

　　- Lack of Regulatory Oversight: One of the significant drawbacks of Springboard is its operation without valid regulatory oversight, which can raise concerns about transparency, accountability, and investor protection.

　　- Limited Operating Hours: The customer support team at Springboard is only available for contact during weekdays between 8:00 a.m. and 5:00 p.m, which may be restrictive for clients who require support outside of these hours or during weekends.

Is Springboard Safe？

　　Springboard operates without any valid regulatory oversight at present, indicating a lack of supervision from governmental or financial authorities over their activities. Without regulatory oversight, the individuals managing the platform have the potential to misappropriate investors' funds without being held accountable for any fraudulent actions they might take.

　　Therefore, the absence of valid regulation at Springboard raises serious concerns about the safety and security of investors' funds and highlights the importance of conducting thorough due diligence and seeking out regulated and reputable investment options to mitigate risks and protect one's financial interests.

What are Securities to Trade with Springboard？

　　Springboard's securities trading activities involve transactions in securities of both government and companies that are quoted on the Nigerian Exchange or traded over the counter in the stock market. This means that Springboard engages in buying and selling various financial instruments such as stocks, bonds, and other securities issued by the government or private companies that are actively traded in the Nigerian financial markets. These securities include shares of publicly listed companies, government bonds, corporate bonds, and other investment products that are traded on the Nigerian Exchange or in the over-the-counter market.



Springboard Services Review

　　Springboard offers a range of financial services tailored. The company's services include financial advisory, portfolio and asset management through its network of investment experts covering every major sector.

　　Springboard's Portfolio & Asset Management division utilizes the expertise of Portfolio Managers to oversee the day-to-day management of client accounts, providing regular performance reporting to allow clients to focus on other priorities.



　　In addition, Springboard provides nominee services, handling the monitoring and processing of entitlements for rights issues, bonus issues, and dividends on behalf of its clients. This ensures that clients can efficiently manage their investments without the hassle of administrative tasks.

　　Furthermore, Springboard offers treasury bills services, investing in short-term government debt securities issued by the Central Bank of Nigeria on behalf of its clients. With attractive discount rates on these treasury bill instruments, Springboard aims to generate returns for its clients while managing risk effectively.

Springboard Accounts Review

　　Springboard offers Individual, Joint, Corporate, and Estate accounts. Each type of account is designed to provide tailored services and benefits to clients based on their specific requirements and circumstances.

　　- Individual Accounts: These accounts are designed for individual investors who wish to manage their personal investments and financial affairs. Individual accounts provide clients with personalized investment strategies, portfolio management services, and access to a wide range of financial products and services.

　　- Joint Accounts: Joint accounts are suitable for couples, family members, or business partners who wish to jointly manage investments and assets. These accounts allow multiple account holders to collaborate on investment decisions, share ownership of assets, and manage finances collectively.

　　- Corporate Accounts: Springboard offers corporate accounts for businesses, organizations, and institutional clients seeking comprehensive financial services and solutions. Corporate accounts provide tailored investment strategies, asset management services, and access to specialized financial products to help businesses achieve their financial goals.

　　- Estate Accounts: Estate accounts are designed for clients who wish to establish trust funds or manage assets as part of estate planning. These accounts help clients manage and distribute assets according to their wishes, ensuring smooth transitions of wealth and assets to beneficiaries.

　　Clients interested in opening any of these accounts with Springboard can easily access and download the application form from the companys website or by contacting their customer service team.

　　https://www.springboardtrustng.com/index.php/downloads/



Research & Education

　　Springboard Research and Education offers the following services:

　　- Price Filters: Springboard provides price filters to help clients track and analyze stock price movements based on specified criteria such as price range, volume, and market capitalization.



　　- Stock Trend Analysis: This service involves analyzing the historical and current trends of specific stocks to identify patterns and make informed investment decisions.

　　- Compare Stock Trend: Clients can compare the trends of different stocks to evaluate their performance relative to each other.

　　- Dividends & Bonuses: Springboard Research and Education tracks dividend and bonus trends of companies listed on the Nigerian Exchange, providing insights on payout ratios and yield.

　　- NGX Index Movement: Clients can stay updated on the movements of the Nigerian Stock Exchange (NGX) index through analysis and reports provided by Springboard.

Customer Service

　　Customers can visit their office or get in touch with customer service line using the information provided below:

　　Between 8:00a.m and 5:00p.m every weekday

　　Telephone: +234 1 277 1214-5, +234 1 277 8348-9

　　Email: enquiries@springboardtrustng.com

　　Address: 28, Ologun Agbaje Street, Off Adeola Odeku Street Victoria Island, Lagos, Nigeria

　　Springboard offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform.

Conclusion

　　In conclusion, Springboard Trust offers a range of tailored account options, comprehensive portfolio assessment services, and diverse investment opportunities to clients seeking personalized financial solutions. However, its operations without regulatory oversight raise concerns about transparency and accountability. Clients benefit from detailed portfolio evaluations and a variety of investment options, but they should also be aware of the limitations, such as restricted operating hours and potential market dependency risks.

Frequently Asked Questions (FAQs)

　　Is Springboard regulated？

　　No. It has been verified that this broker currently has no valid regulation.

　　How can I contact Springboard？

　　You can contact via (Between 8:00a.m and 5:00p.m every weekday) telephone: +234 1 277 1214-5, +234 1 277 8348-9, email: enquiries@springboardtrustng.com and online messaging.

　　Is Springboard a good platform for beginners？

　　No. It is not regulated and there is limited information related to transact on the official website.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.