Trading Application Development – What You Need to Know


If you need to develop a trading application, it is essential to know that there are development studios that can help you. They develop innovative applications for financial services.

You can order stock trading app development from scratch or on a ready-made platform. The software is optimized for iOS and Android. We can also develop a web version of the app, which can be used on any device.

The primary purpose of investment apps is portfolio analysis and stock purchases. Using a convenient mobile device program or web service, these operations can be accessed quickly and easily.

As a result, the client enjoys increased customer base, better target audience loyalty, and an added advantage over competitors who lack convenient analytics software.

How the Trading App Benefits Businesses

Users choose the most convenient and practical solutions. The easier and faster access to mechanisms, the more likely a potential client is to use the company’s services. By creating a portfolio analysis web service, a financial organization reaches a large audience of potential involved customers. These can be both professional traders and ordinary users.

Benefits of using experienced developers

Competence and expertise. They are familiar with the infrastructure of financial companies and know how to quickly integrate with systems for authentication, trading, internal accounting, etc. Plus, we know how and where to get data for apps.

Speed ​​of work. Professional programmers get the job done quickly. A large team of specialists performs complex work in a short time.

Unique services. We have created a range of software products for accounting, analysis and financial reporting.

What features can be integrated into a financial application

Most web services and applications related to commerce and finance should have a basic feature set of up to 20 elements. Here are the basic functionalities that can be implemented in an application:

  • Account opening and closing;
  • Telephone alerts;
  • financial analysis ;
  • Interface to display charts and quotes;
  • Output of current market data;
  • The wallet interface;
  • User registration, authorization and identification;
  • Withdrawal/deposit of funds;
  • Purchase/sale of shares;
  • Currency exchange.

All the apps we create for portfolio analysis are secured with numeric code, Touch-ID, Face ID and SMS login. Each new project is tailored to the individual characteristics of the client’s business.

Developers create design and graphics based on your corporate visual identity. Each new project develops a personal interface that will best meet the expectations of users and the tasks of the client application.

It is possible to create an application based on the client’s platform or to develop an application from scratch. There are ready-to-use platforms that allow you to quickly build useful applications with debugged functionality, ready modules, and high security.

Order trading app development and get an effective tool that will immediately benefit your business. Moreover, you can embed all the necessary features to solve your tasks in the web application or service.

Trading App Development: How to Create a Mobile App

While previously trained specialists could bid, today anyone can invest in startups, large corporations and global brands. Trading apps are used for this purpose. This digital product allows you to transact directly from your smartphone.

With the development of the crypto market, traditional trading has also started to develop. In addition, a large amount of information available, increased financial education and new technologies open up new opportunities for private investors. Therefore, the niche will actively develop.

A stock trading app is a great tool that can be monetized. It can be used by financial companies and private entrepreneurs who want to create their digital products. Let’s break down the process of developing trading apps.

Selecting a niche and target audience

Before negotiating app development, you need to decide in which niche the app will be developed. Then, of course, it is possible to create a universal solution suitable for all types of trading.

There are many areas in investing. Securities and stocks, futures, venture capital funds, precious metals, real estate and currencies. And the blockchain market is also actively developing. Determine the direction in which you will build your product.

Choosing a niche will allow you to more precisely define your target audience. For example, if you decide to invest in virtual reality, it is a younger audience. On the other hand, mature people prefer to invest in social projects, real estate and metals.

Concept, framework and functions

After defining the niche and a rough understanding of the target audience, it is necessary to develop a concept. It will allow you to “see” the product that does not yet exist and to understand the result. Along with the idea, you need to think about the framework, architecture, and features. For this step, you can follow these steps:

  • A detailed definition of the objectives.
  • Analyze existing solutions.
  • Create a user profile.
  • Functional design.
  • Prototype

By following these steps, you will begin to turn an idea into a product. The visualization, a detailed plan before the development of the trading application, creates the basis for your thoughts.

Interface design

It is difficult to create a design by yourself. You need UI/UX design skills. In addition, specialists must be experienced and clearly understand what is expected of them. Therefore, we recommend that you contact a professional company.

To create a good design, several elements must be taken into account:

  • The interface must be user-friendly and understandable;
  • The style must remain relevant and attractive for several years;
  • simplicity and brevity – loyal friends of the trading accounting app, creative ambitions should be left to simpler products;
  • adaptability is a must since users have different sized devices;
  • Ideally, the design should be adaptable to other operating systems, but you need to build a cross-platform app.

Personal accounts

A personal cabinet allows you to track the effectiveness of investments and keep track of changes in capital. It can be called an investor’s “portfolio”. The functionality of the cabinet varies a lot depending on the purposes. It can be a simple solution with a minimum of functions, or a complex mechanism, where specific assets are tracked, information from global sources is extracted and reports are generated.

Online Advisors

The main trend of the modern financial market is to obtain timely information. Therefore, the automation process is necessary. Online advisors help you with this. It is a robot that can automatically perform certain functions for the user.

Data security

Since the product interacts with users’ money, it is necessary to ensure maximum security. After all, you will not only have personal data at your disposal, but also real funds and access to bank accounts. Therefore, such a stock trading app becomes potentially attractive to hackers.

It is necessary to implement the functions of two-factor authentication, fingerprint scanning, use encryption standards for financial records. Safety – maximum attention.

Contextual alerts

Notifications are not the most critical but the most practical tool. When there are changes in the market and the user is aware of them in real time, he becomes interested in your application. It adds value. Notifying customers of changes to their accounts will also be helpful. This will allow the investor to preserve capital and make timely decisions.

Changes in the price of an asset in the client’s portfolio will give him more trading opportunities. Additionally, alerts for unusual activity will help protect user data in the event of a security breach.

It’s worth taking care of customization and allowing customers to customize alert settings. This is an additional investment in the development of trading applications, but the customer will see the care. Such a trading application will stand out among many competitors.

24/7 support and assistance

Chat-bots and robotic support are great, but qualified support from real professionals guarantees the success of your product. So think right away about organizing the work of your managers so that they can support users 24 hours a day and respond quickly to their questions.

Some of the tasks will be taken over by the chatbot. It will allow you to have answers to your questions: “here and now”. After all, the main problem in communicating with the customer is slow communication channels. So think about how to set up 24/7 support.

How is the price of developing a trading application determined?

Each specialist has a rate per hour of work. The trading application development studio selects a personal team for each project, depending on the tasks. The number of developers is also determined, from analysts to project manager to testers. It would help if you had a designer and some programmers. Their number is determined by the complexity of the task and the choice of the technology stack.

Next, a work plan is created, which makes it possible to determine the approximate time for the implementation of the project. For example, building a simple business accounting application can take 2-3 months. Or it may take 6-10 months or more to complete a functional multifunctional product for investors.

The more features there are, the longer it will take to develop them. As a result, it affects the cost of the product. We will discuss your ideas during the consultation and understand what goals and objectives are set. Then we can roughly calculate the cost.

The development of its business accounting application is quite expensive. But the product, if properly launched, pays for itself quickly and brings in good profits. Evaluate the risks and whether it is profitable for you to invest in this direction.

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