What is Automated Trading and How Do You Get Started? IG International

Freemium — Basic features of an online trading platform are provided for free. However, access to advanced tools for traders is provided for an additional fee. You can design your own competitive free trading app with the help of Cprime. Then all that you need to do is find professional trading platform software developers who have experience creating trading systems to make your idea come to life. In addition, NetDania Forex provides the opportunity to work with global and local calendars of various economic events.

  • The main advantages of centralized platforms are the availability of fiat currencies and the lack of liquidity problems.
  • For instance, many users don’t like to confirm authentication, and the whole process tires and annoys them.
  • These will help your users make informed decisions on where to invest.
  • We are listing this application in our guide on how to create a trading platform to help you understand diversity.
  • Crypto apps that offer customers an opportunity to buy, sell or exchange cryptocurrency in a few clicks.

All users’ information is kept in their profiles and can be updatable and editable. In our practice, we had several cases of developing trading platforms. One of them is the complete system for an FX broker that handles all financial relations between a broker and its IBs organized in a multilevel hierarchy. Over 10 years on the market, presented in 12 countries, supporting over 15 languages, using more than 200 trade instruments of different kinds. It is a heavily loaded big data system that gives complete control and management over broker IBs and traders.

How Much Does it Cost To Develop a Stock Trading App?

In the next segment of this phase in how to easily create a trading platform, we will design the work scope. Apart from the core features offered by your customers, you must also look for other aspects. Let’s begin with the business side of how to build a trading platform first. If yes, stick with us because moving forward, we will talk about how to quickly build a trading platform.

For this reason, you should design your electronic trading platform considering the end-user. That means your electronic trading app should allow users to cut down or eliminate fees. The next big thing when you make trading software is to hook the app with a stock market data feed to get real-time stock quotes, indices, commodities, currencies, etc. The stock market application development process can be pretty convoluted, but here are a few things to consider. Stock trading app development starts with creating an investment platform — a back-end system working with stock exchanges and other services to populate a mobile investing app with data. Overall, the total cost of developing an online trading platform may range from $100,000 to $230,000, depending on the specific requirements of the project.


It is vital to understand how this app works before you learn to create a trading platform. The app provides you with a global market and stocks to start trading. Even the pandemic caused great turbulence, people’s trust in the stock market to return their investments helped sustain the trust. But they fail to help the users grasp the basic understanding of the stock market.

The cost of the infrastructure phase of an online trading platform project may range from $20,000 to $50,000, depending on the requirements of the project. Sometimes, apps similar to Robinhood decide to adopt its method of collecting interest. Due to this strategy, a stock trading app charges a percentage of users’ cash deposits and uninvested funds. Robinhood’s unlucky experience shows that it’s not the best option for a stock broker app, as you may face some sharp criticism. Refers to the client side of the e-trading software solution and involves user interface, web pages development, and so on.

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You should just create an e-trading software solution and then promote it. Find out about current trends and proper technologies in custom fintech software development. We know that for dynamic markets like trading applications, development time is critical.

Still, one third seems like a reasonable incentive to invest in stock trading app development. Hopefully, you agree and wouldn’t mind getting a second opinion on things you need to consider when building an investment platform. The specific tech stack used in the development of your future solution will vary depending on the requirements of the project and the preferences of the development team. However, some common technologies are typically included in the tech stack for an online trading platform.

Step 2. Build Essential Crypto Trading App Features

To complete these steps successfully and deliver a flawless stock trader app, your development team should use a comprehensive suite of tools. Connect to the largest centralised and decentralised crypto trading venues, traditional asset exchanges and market data providers. Wyden ensures best execution through market-wide connectivity and end-to-end digital asset orchestration. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 75% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Investing in stocks is fashionable and reliable, so the number of traders is growing every day. Existing applications do not cover all the needs of a large audience, so now is the perfect time to enter the market for new creative startups. At this stage, we dive deep into your idea and build a Business Model Canvas to follow as we create your online stock trading system. News from financial outlets is especially important to experienced traders, as any disturbance can be a reason for a stock to rise or fall in price.

how to build trading platform

Also, countries typically have Anti-Money Laundering laws which should also be considered when you create an investment app. To add a personalized touch, add the feature of a personal https://xcritical.com/ profile in your app. There your users should be able to add their data, photos and see their performance. Compliances are of prime importance when it comes to the financial sphere.


Customer Attraction or Killer Features Customers have a variety of options when it comes to a product. Ideal Customer In simple terms, your ideal customer is the person whose exact needs are met by your product. All these features make Robinhood a sort of case study that you should explore.

Are you interested in trading platform software development for your business? In this article, we share the key steps to build an efficient frontend for a trading platform and provide trading platform XCritical some insights from our successful project. In our case, trading platform development services started with the aim of London deal-makers to automate data withdrawal and processing.

Top 3 Popular Trading Apps On the Market

Secondly, fintech just does not address Gen Xers and Baby Boomers’ problems. Millennials are used to relying on their handheld devices when completing everyday tasks. To put it another way, fintech users opt for digital channels when it comes to managing their lives. Check out our complete guide on why and when you should choose C++ for web development and whether it suits your business. Check out a business guide on the most popular Node JS frameworks and how to choose the most cost-effective one for your project.

how to build trading platform

This application is different from the traditional brokerage apps in that users buy in percentages, not in shares. Users of this app set up how much they want to invest – e.g., 15% in Tesla, and the application automatically withdraws the money from their account by the time the investment is canceled. So, link the trusted third-party payment services to your top stock trading app. For instance, you can integrate your service with the giants such as PayPal, ApplePay, Google Pay, or similar ones. Anyway, we will focus on the best practices our app development company has come up with.

What is an e-trading platform?

This feature includes charts with real-time updates of auction information, a company overview, growth figures, and other elements that help users make a purchasing decision. Remember that you are working with financial information, so you need to think about data privacy and security. For example, many applications check customers at the authorization stage – for this, they ask to enter using social networks or by phone number. Also, make sure you add the terms of use for the app and explain to customers that their data is safe.

Besides that, Robinhood doesn’t offer opportunities for investing in bonds and trade commodities, futures, or forex. Apart from basic functionality, different categories of apps for trading stocks have their specificities and unique trading procedures. Let’s look at the most beloved types of stock apps you can select from for your project. Let’s be honest, trading applications are a saturated field, and you need to thoroughly prepare before entering the market. Enemies of competitors need to be known in person, so we have prepared a short guide to popular companies.

For instance, a mobile trading app should work on iOS, Android, and iPadOS devices. As such, building a successful artificial intelligence tool to automate your trading is not easy. In fact, you need to understand that it will take a significant amount of time to build and test a new AI platform. It will also take a lot of time to learn and come up with a code that will help you in this. Therefore, you need to understand that it won’t take a short period to develop this platform. To develop the AI platform, you also need to have some background in computer science.

Users just need to tap a few commands from their smartphone, and the transfer transactions take place on a real-time basis. These platforms make a major portion of money out of trade transactions. When it comes to trading platforms, you can provide more market analytics for premium users or make the premium version ads-free. However, make sure that inaccessibility to the premium features shouldn’t make your application unusable.