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Feb 2022

How to Create a Micro Investing App Onix’s Guide

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You can reveal successful investment options that have uncovered growth lately or a few months before to ease investors to make an informed decision. The final step of investment app development is rolling out your project. In this step, you need to launch your investing app on Google Play or the App Store. Developing an investment app with the required features is not enough to increase traffic to your app. For your investment in app development, you should hire UX/UI design services to craft the needed screens for your apps on different OS.

The exact figure depends on a range of factors such as the type of app, type of development team, and location of a team. It requires expending numerous resources into turning your concept from an ideation stage to a live app even without a guarantee of profit. Your investment platform should be integrated with a payment service, which will make it possible to run online transactions. To find the targeted audience that needs the product, we at Uptech usually conduct a Product Discovery phase. There you can speak to your end-users, talk to them, and find a solution to help them complete their goals better.

How to Develop an Investment App Successfully for Your Business?

Widely recognized as a safety-first company, Robinhood targets making their customer happy by meeting their financial requirements. It offers varied investment products, like Invest, Retirement, Crypto, Cash Card, and more. Let’s peep into some well-performing investing apps to know about their mistakes and unique factors that may help you in your development project venture. https://g-markets.net/software-development/mobile-developer-job-description-app-developer/ Remember to carefully consider your target audience and the value proposition of your app to determine the most suitable monetization strategy. It’s also important to balance monetization efforts with providing a valuable and user-friendly experience to retain and attract clients. A free version of an app should offer enough options to make at least a basic investment.

  • There are several features that should be in an investment app.
  • With a full product prepared, you should start marketing it in as many channels as possible.
  • Data security and personal info protection are compulsory when it comes to online transactions.
  • Since you’re building a mobile trading solution, it’s vital to wield the mobile-first design approach.

Netdania is a mobile-friendly platform that has a lot of flexibility features using which you can excel in the investment trading apps market. Ability to interact with the currency and equity market, monitor the exchange rate in real-time, and many more. Stocktwits is just like Twitter but in the world of stock market development. Users who install this investment app understand what others think about certain security papers. In short, it helps the mobile platform user to understand what is happening in the exchange market. Before your design trading APIs, define what aspects your stock trading app will cover.

Type 2. Stock Trading

You will need to take just 5 steps to create an investment app. Sometimes, your future users will want to buy stocks for exact prices and push notifications are a great way to support them. Also you can notify your users whether any serious events happen in the market like correction of interest rate. SoEs require iterative development, therefore, ‘Agile’ is a good project management methodology for these. Consider our guide “How to build an Agile development team” for more details. Learn the highlights of the step-by-step process of developing an investment platform from scratch that will be similar to Robinhood.

With such banking applications, users can make investments and open their IRA accounts easily. Besides, using such apps, users can check their bank account balances and financial transactions, take loans, save money, and do other banking activities. They are intuitively developed to make sure that stock market investment can be made irrespective of time and location. Investment apps tend to feature extremely sensitive information regarding the relevant users. How to create an investment app satisfying a maximum number of individuals?

Things to do Before the Actual Development Process

They often offer subscription-based services, providing premium data and features for serious traders. An example of this kind of platform is the Bloomberg Terminal, which provides a plethora of data, news, and analytical tools that professional traders use for decision-making. This platform is also known for its messaging network, allowing for communication between Bloomberg users. Web platforms, on the other hand, offer a more robust range of features and tools ideal for both individual and professional traders.

how to create an investment app

The easiest way to earn money on your new investment app is to sell the advertising space to related projects. Once the development stage is over, it’s time to test how it all works. Never ignore this step, as critical bugs and security loopholes can cost you money and reputation. So, we recommend conducting a security Getting Started as a Project Manager Learning Path LinkedIn Learning, formerly Lynda com and code quality audit before the launch by subjecting your platform to manual and automated tests. Now that you have a team, it’s time to take more practical steps. You should negotiate the features you want to see in the app and discuss the deadlines and scope of work that should be done on your project.

Investment Trading App Types

Always check with your tech partner which technologies and tools they use to maintain the highest security and effectiveness. Notwithstanding the willingness to offer the minimum price to attract as many users as possible, finding the right sum to optimize your budget is essential. When you know the desired result, you can easily understand how you can achieve it. If you decide to turn to professionals, you can rest assured that your product will have a pixel-perfect design, sophisticated architecture, robust functionality, and clean code. They help to keep your clientele updated about their returns, inform them of unusual activity and give special offers and discounts.

How do I start my first trade?

  1. Step 1 – Log in to the Platform.
  2. Step 2 – Choose Your Market.
  3. Step 3 – Make a Deposit.
  4. Step 4 – Prepare Yourself.
  5. Step 5 – Open a Trade.
  6. Step 6 – Manage Your Trade.
  7. Step 7 – Close Your Trade.