Your first investment, a step-by-step walkthrough
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Your first investment, a step-by-step walkthrough

Ready to invest for the first time? This step-by-step guide walks you through creating your account, completing KYC, funding it, choosing your first investment, and placing your first order.

Vantar
4 min read

Summary

Ready to invest for the first time? This step-by-step guide walks you through creating your account, completing KYC, funding it, choosing your first investment, and placing your first order.

You are ready

If you have read the previous five parts of this series, you now understand what investing is, why it matters, how risk works, what you need to start, and what types of accounts are available to you.

This final part is practical. It walks you through the exact steps to make your first investment on Vantar, from creating your account to placing your first order.

Step 1: Create your account

Go to vantar.co or download the Vantar app. Tap Sign up and enter your name, email address, phone number, and a secure password.

You will receive a verification code to confirm your email or phone. Enter it to proceed.

Step 2: Complete KYC

KYC, or Know Your Customer, is a regulatory requirement for all investment platforms, designed to protect investors and prevent financial crime.

On Vantar, KYC involves:

  • Confirming your country of origin, country of birth, and tax residency
  • Providing your date of birth
  • Uploading a valid government-issued ID (passport or national ID)
  • Completing a liveness check (a short selfie-based verification)

KYC typically takes a few minutes. Most accounts are verified within 24 hours. You will receive a notification when your account is approved.

Step 3: Complete your investment profile

Once KYC is approved, Vantar will ask you a series of questions about your investment experience, financial situation, and goals. This is your investment profile.

It takes about 3 to 5 minutes and covers:

  • Your investing experience level
  • Your income and employment status
  • Your investment goals and time horizon
  • Your risk tolerance

This information helps Vantar understand your situation and ensures that the investments available to you are appropriate. Be honest. There are no wrong answers, and your profile can be updated later.

Step 4: Fund your account

Before you can invest, you need to add money to your Vantar account.

Tap Deposit and choose your funding method. Vantar supports bank transfers in both NGN and USD. Follow the instructions to transfer your chosen amount.

Funds typically arrive within a few minutes to a few hours depending on the method and your bank. Once your balance is confirmed, you are ready to invest.

Step 5: Choose your first investment

This is where most people hesitate. There are thousands of stocks, ETFs, and funds available. Where do you start?

For a first investment, a broad market ETF is an excellent choice for most people. A global equity ETF gives you exposure to hundreds or thousands of companies across multiple markets in a single purchase. You benefit from broad diversification immediately, without having to pick individual stocks.

On Vantar's Explore screen, you can browse by asset class and region. You can also use the search function to find a specific stock or fund by name or ticker.

Tap on any investment to see its price, performance history, description, and key details.

Step 6: Place your order

When you have found an investment you want to make, tap Invest.

You will be prompted to enter the amount you want to invest in your currency. Because Vantar supports fractional shares, you can invest any amount. You do not need to match the full share price.

Review the order summary: the amount, the estimated number of shares or fraction of a share, and any applicable fees. When you are satisfied, confirm the order.

Your order is executed during market hours. If you place an order outside of market hours, it will be queued and executed when the relevant market opens.

Step 7: Watch, not act

Once your order is filled, you will see your investment in your portfolio. The price will move up and down. This is normal and expected.

The most important thing to do now is not to check it obsessively and not to sell the moment it dips. Markets fluctuate daily. Long-term investors ignore short-term noise and focus on the underlying progress toward their goals.

Set up recurring investments if you can, even a small amount each month, to take advantage of dollar-cost averaging and remove the friction of having to decide each time.

Read Also: S1P5 -The difference between saving and investing

You have done it

Making your first investment is a milestone. Most people talk about investing for years before taking action. You have taken action.

The next step is to keep going. Keep learning, keep investing regularly, and let time do the work.

Continue with Series 2: Getting Started on Vantar to understand the full platform, how your account works, how to manage your portfolio, and how to get the most from everything Vantar offers.

Key takeaways

  • Creating an account and completing KYC takes less than 10 minutes for most users
  • Your investment profile helps Vantar understand your situation and surface appropriate investments
  • For a first investment, a broad market ETF provides instant diversification
  • Fractional shares mean you can invest any amount, regardless of share price
  • After your first investment, focus on consistency. Regular investing over time matters more than timing.
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