Stock Trading App Development in 2022

In general, there are two motives in the back of the mind of any trader while thinking of starting stock trading app development:

Earn billions of dollars
Transform the way of investment
In any case, the idea for stock trading app development is a great head start because we have come a long way from the traditional method of buying and selling shares through a stockbroker. Nowadays, people can use their devices for online trading. There are tycoons like Robinhood App that have successfully made their way to the top of the market.

So if you are looking to challenge other stock trading apps, this article will walk you through the process of how to get started with your stock trading app development and also provide you with useful information about stock market apps.

Types of Stock Market Applications for Development
There are different methods to classify the stock trading platforms into types. But here is the simplest way to categorize the trading application development into two groups:

Traditional Trading Apps
Crypto Trading Apps
Let’s understand both types of stock trading app development on different parameters.

Traditional Trading Platform
The old-school method of trading allows users to buy and sell typical assets. The method has been hanging around for decades now.

✦ Trading assets

Exchange trade funds (ETF’s)
Precious Metals (gold, silver, platinum)
Stocks & shares
✦ Market maturity

Traditional market platforms have been around since people started stock trading it is more mature compared to Cryptocurrency Trading platforms.

Crypto Trading Platforms
Traders invest in cryptocurrency online as it’s a new platform in the market and has the potential to hold high future stakes.

The Cryptocurrency market is new compared to the traditional market as it entered the arena only a couple of years ago.

✦ Trading assets- Currencies

Bitcoin
Etherium
Dogecoin
Binance coin
✦ Market Maturity

The market is less mature but is constantly growing. This does impact the traditional stock market in certain aspects.

Now that you know, how traditional trading apps work, let’s understand how will you make money out of online stock trading apps?

How to earn money as an Online Stock Trading App owner?
It’s fair to say you are getting into trading app development for making money, but not sure how will you make money. This section will guide you on how to earn the money as a trading app owner.

1. Nominal Fee per Trade in the Stock Market Apps for Android & iOS
More than 90% of app owners adopt the stock trading app development model hence, apps charge according to per trade done by the user. Since the charge is minimal, a high volume of trades generates more revenue for the app. This is the most useful revenue model implemented by trading app owners.

The majority of online trading apps have zero fees. But, are you aware of all the definite ways of earning money from such a free platform? If not, don’t panic! Refer to these key points:

✤ Premium subscription

The app’s free version is available for users but with limitations in features. So, users who are into investing or brokerage subscribe to the premium version for accessing additional features.

Many applications provide tips to help users with market analysis and trends. But what’s in it for them? These apps offer users credible knowledge in the premium subscription. This method indeed, lures the customers to pay for the premium version.

✤ Interests on Trades

Let’s say the app displays the buying value for bit-coin as $1.05 while the actual value is around $1. Users don’t even doubt this because they are aware of the fluctuations in bitcoins pricing. This difference between the actual price and the displaying value sets up the app’s revenue.

2. Keep an Eye on your Stock Trading App Development Competitors!
There is an ever-growing base of users who are aspiring to become top-level investors. Numerous rookies dream of becoming wealthy seasoned investors in the market.

Nowadays, most stock trading apps or software ease down the online trading process for users. But in order to compete with your competitors, you will have to develop a trading platform that is absolutely the best of all!

Yes! You will be up against giants like:

✤ Robinhood

Robinhood is a commission-free stock trading and investing app. It is also one of the top Fintech apps. A new user can sign up and get his/her first stock free.

✤ Coinbase

Coinbase is a crypto trading platform for coins like Bitcoin, Ethereum, Cardano, Solona. The platform helps a user build his crypto portfolio and also provides secure storage, insurance protection, and a variety of support.

✤ E-trade

E-trade goes with the motto of stop wasting, start investing! It is also considered an early pioneer for online investment. The e-trade is useful to see a list of investments in ETFs or shares.

✤ Fidelity

Fidelity investment is a financial service company that offers financial planning and Advice, Retirements Plans, Wealth Management Services, Trading, and Brokerage services.

✤ eToro

eToro is an investing platform and app which offers more than 2000 financial instruments in various classes, such as stocks, crypto, and more.

The competition is strong, we get it but, this shouldn’t de-motivate you on the decision of entering the market. In fact, you should consult an experienced company to help you with your decision and go for the No.1 spot.

3. Working of Top Stock Trading Apps and Features
The working of some of the best stock trading apps does not depend on any ordinary algorithm. Instead, it is a real-time interaction that users carry out with the app due to changes in the stock market. So if you are hell-bent on providing the best stock trading app then, the following are the must-have features in your online trading app:

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