Question 1

What is the best alternative to PALM in Egypt?

Accepted Answer

For Egypt-based investing, Thndr is a top PALM alternative because it supports investing in Egyptian stocks, gold, and funds from phone and web. If you want savings plus investing options in one place, Menthum is also Egypt-listed and includes EGP money market funds and EGX 30 index tracking.

Question 2

What can I use instead of PALM in Egypt if I prefer group savings?

Accepted Answer

If you want a ROSCA-style experience instead of goal-based investing, ElGameya is the closest fit in Egypt. It is designed for group savings cycles with instalments and scheduled cashouts via bank transfer or e-wallet.

Question 3

Which apps are like PALM for investing in stocks and funds, not just saving?

Accepted Answer

If your priority is brokerage-style investing, Thndr is built for retail investors to buy stocks, gold, mutual funds, and savings funds in Egypt. Outside Egypt, Meritrade is a Nigerian stockbroking option that supports real-time equities trading.

Question 4

Is PALM only available in Egypt, and what should you use if you are outside Egypt?

Accepted Answer

PALM is described as operating in Egypt, so if you are elsewhere you will likely need a local app. In Nigeria, Cowrywise and PiggyVest are common alternatives for savings and investing, and in South Africa Absa is a banking-led option with digital tools that include investments.

Question 5

What PALM alternative is best if you want gold exposure?

Accepted Answer

For gold-first investing, Sabika is a clear alternative because it focuses on buying, selling, tracking, and storing 24K gold, and also supports 999 silver. If you want gold alongside other instruments like stocks and funds, Thndr lists gold plus Egyptian equities and funds.

Question 6

How does PALM pricing compare with alternatives?

Accepted Answer

PALM’s public FAQ states it charges a small, transparent fee, while also stating zero deposit, withdrawal, or transaction fees, but it does not publish the exact amount. If you want to compare pricing with clearer product structures, start with Meritrade, which states you can open an account from ₦10,000, and then check each app’s fee schedule inside the Liners listings.

Question 7

Which PALM alternative works for saving as a family or for kids?

Accepted Answer

If you are saving with children or as a household, Miniemoney is positioned specifically as a family-focused money app for parents, kids, and teens. For more general-purpose saving and investing, PiggyVest is another consumer option, but it is Nigeria-focused rather than Egypt-specific.

Top 20 Best PALM Alternatives & Competitors (2026)

Alternatives to PALM

Bokra

Thndr

Menthum

Cowrywise

Meritrade

PiggyVest

Absa

Sabika

MinieMoney

Standard Bank

ElGameya

Ladda

PlutusNeo

Rise

mystocks.africa

Achieve by Petra

Microvest

CashBox

Accrue

XENO

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