Investment App Development: Benefits, Features, and Development Process

Investment App Development: Benefits, Features, and Development Process

On a scale of one to ten, how many of you believe in an investing app or stock app? If the answer was asked back in the 90’s, most of you might tick five out of ten, however, things have changed now and so is your answer to a positive TEN! 

What makes us so confident about your answer? Well, ever since 2010, the year when Zerodha’s KITE app launched its first online trading app for Indian investors, the market was flooded with questions as to how does investing app works. What is the investment app? Can I build a professional online trading application? What expertise do you need to build the best investment app? 

To break down all the answers, top businesses such as Betterment, Invstr, Acorns, Robinhood, Stock Rover, Fundraise, and many others took the responsibility of giving the best investment and stock market apps to its receptive to not just learn but also grow in finance management. Due to this, the market for investment app development surged to $13.6 billion in 2022 and is predicted to reach $89.8 billion by 2032.

This particularly showcases the value of building an investment app irrespective of being a startup or an existing enterprise. And why not? It is not only in demand but also a game-changing aspect towards a prosperous future. 

So, want to speed up FinTech software performance? Let’s speak about some more promising statistics first! 

Latest Finds on Investment App Market Statistics 

  1. There is a 115% annual increase in Google searches for stock trading apps, top stocks apps, and easy investing applications.
  2. Statista projects that the worldwide e-trading industry will grow at a compound annual growth rate (CAGR) of 5%, from $8.7 billion in 2021 to $12.16 billion in 2028.
  3. At least 10% of individuals in all age categories utilized an online investing tool in the previous year.
  4. A Bankrate survey indicates that 17% of smartphone users have at least one standalone investing app loaded, out of the 63% of owners that have this feature.
  5. The aforementioned data indicates that the demand for investment platforms is currently at an all-time high and will continue to increase at a significantly faster rate in the future.

Furthermore, the data suggests that your choice to create the greatest online investing software is backed by both personal intuition and market statistics.

When answering the question of how to make an investing app, a detailed response is required. Therefore, if you want to become one of the elite suppliers of investment possibilities, read our in-depth essay on how to succeed in investment app development.

What Advantages Do App Investments Offer?

You may get up-to-date information on publicly traded firms by using an investing app. You can keep up with the stock market and other financial sector investments with the help of this smartphone application.

Maintaining a vigilant watch on the investing landscape enables you to leverage the easily accessible data at your disposal with little application costs. These are some justifications for thinking about creating an investing app.

  • The primary motivation behind developing an investing app is the electronic investment industry’s immense popularity. An increasing number of people are experimenting with portfolio management, saving tactics, and stock trading.
  • The second reason to develop an investment app is the wide range of areas you may pursue. You may want to create an educational platform for new customers, provide alternatives for retirement plans, or even start offering gift cards that can be used to buy cryptocurrencies.
  • The price that novice investors are willing to pay for a portfolio that includes a variety of investments is another consideration. The high costs that banks, investment trusts, and mutual funds charge for their services scare away average people. Online resources are used for similar tasks at much-reduced costs. If you are ready to pay a higher rate, you will have access to more options, such as working longer hours, managing margin accounts, and accomplishing personal investment objectives. 

Which Kinds of Investment Apps Are There?

You must become ready before you begin developing your investing app. You must design the features and choose the size, organization, and technology of the team based on the application type you have finally decided upon. Here are a few of the most popular financial apps:

Investment applications with an emphasis on education:

This kind of Fintech software development and investment app helps novices learn the principles of financial literacy.

For instance, Invstr

Trade-related apps: 

These applications allow you to trade stocks and can even make investments for you.

Robinhood, Charles Schwab, and Stash are a few examples.

Apps for brokers:

These applications target users who know exactly what they want to purchase. Usually, this place allows you to swap both fiat currency and cryptocurrencies.

Banking Apps:

WealthBase and Ellevest are two examples of the many online FinTech app development services and apps that allow customers to manage their accounts and perform transactions, deposits, investments, loan applications, and more. Typically, these applications are owned by financial organizations with licenses.

Chime, Chase Mobile, Ally Bank, and Bank of America are a few examples.

What characteristics do investment apps have?

1. Registration and onboarding

Give consumers the choice to register using their email address, phone number, or other information. To make sure that users are real, an investment monitoring software has to have a function whereby papers can be verified.

After they register, users should receive a tour of your app. As you take them around, be sure to highlight the salient features and investment opportunities.

2. Individual accounts

A user’s profile should contain their payment methods of choice, portfolio, and personal data. Setting options can also be added to personal profiles.

Ensure that the process of creating a personal account is as simple and clear as possible to prevent turning off users right away.

3. Financial management instruments

In this list, money management tools have a special place that you must include if you plan to introduce an investment platform.

Why? People are always searching for the best way to handle their finances. As a result, you ought to give your consumers feature-rich dashboards with tools for managing credit, savings, and money. Make use of infographics, pie charts, dynamic bars, and other visual aids. All of the content should be readable and visually appealing. Send out reports on a daily, monthly, and quarterly basis to provide your users with a constant view of their investment and financial activities. You can increase user retention for your investment app by doing this.

4. The ability to withdraw money

Your users should be able to withdraw their investments into their bank accounts by trade legislation. To achieve this, you will need to build an investing app with a bank account.

5. Security and safety

Data security is a must-have feature for every investing app. To manage DDoS assaults, encryption methods, anti-spam, two-factor authentication, and phishing protection, a robust IDPS ought to be included. The more security measures you implement, the better the user experience gets.

6. Notifications via push

When creating an investing application, don’t forget to incorporate push notifications, real-time alerts, and customized reminders. With their help, the system may notify customers about attractive offers, rebates, and promotions in addition to their existing account status and the increasing or decreasing worth of particular assets.

7. Digital wallet

Essentially, this is the location of the money set aside for future investments. Maximum security and ease of access for someone who is authorized to manage the goods stored there are the essential prerequisites. For quick updates and safe phone data protection, the finest online investing app should be able to link to credit card and bank networks.

8. Financial expertise and AI guidance

An application that lets you purchase and sell is worth less than one that educates users about investment. Consider providing financial literacy training for beginners in the form of interesting articles or short videos, together with an AI-powered advisor who helps with decision-making by providing pertinent insights quickly. Having an AI investment app will also provide you with a market edge.

Why do you need to hire FinTech Developers? Read the know-how! 

How Much Does Developing an Investment App Cost?

The average cost to design an investing app is between $70,00 and $120,000. With this money, you may build important services like asset buying and selling, data collection, and using alerts to alert users to important occurrences.

More complex systems can incorporate advanced features from investing apps, but they come at double the cost.

Development costs might vary based on several variables. Comparatively speaking, hiring an internal development team will be more expensive than outsourcing the entire project. The area from where the developer is recruited affects the development cost as well. Typically, outsourcing is the best option because of their reasonable hourly prices.

When thinking about creating an app, a few more things need to be considered. Among them are:

  • The magnitude of the audience or user base
  • Essential background and proficiency
  • Features and functions of the technology stack for investing apps
  • Security and safety features
  • Platform and design of apps

What is the Investment App’s Revenue Model?

Typically, the ultimate objective of developing any application is to generate revenue. As a result, it is essential to incorporate the monetization techniques throughout the planning stage. You may monetize the app in a variety of ways. Let’s talk about a few of the popular techniques.

  • In-app purchases: These add-ons are offered on a paid basis when the user gets comfortable with the application’s design and is searching for ways to improve its capabilities and have more influence over their investment choices.
  • Subscription charge: You may be able to open an account for free with the investment applications. Nevertheless, to provide you with trading alternatives, they could demand a subscription fee.

Commercials – Ads from partner businesses might appear on your app. To maintain the app free of membership costs, users see these adverts.

Collaborate with DianApps to Create a Sturdy Investment App

Contact us to get started!

Looking for Investment App Development?

Although developing a mobile application may appear like a straightforward endeavor, it involves a team of highly skilled technical personnel, industry knowledge, and inventive thinking. Therefore, you have to work hard if you want to create a mobile app in a very specific niche, like investing, insurance, communication, socializing, and so on.

If you’re searching for a knowledgeable and trustworthy financial software development partner, DianApps is here to help. We have a substantial portfolio of finished projects for companies of all sizes and across a range of sectors.

When you work with us, you can be sure that we’ll focus all of our attention on your investing app and include a ton of high-caliber features and components to make it even more helpful.

How to choose the right FinTech Software development partner? We can help you, all you have to do is continue reading this guide! 


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