How to develop an on-demand Investment apps




The reason you are searching “How to develop an on-demand Investment app” is because you have understood a simple wisdom motto, that in 2020 and almost everyone has learned that ‘how much you earn does not matter, what matters is how much you save’. This is the reason there is a sudden growth in on-demand investment apps. There are hundreds of companies that offer on-demand investments to their customers, in addition, they provide many offers and deal to attract more and more customers or make existing ones stay on their platform. Welcome, today I am going to share with you “How to develop an on-demand Investment app”. So you too can build your own app and get customers to invest in the market using your platform. 

Coinbase

Coinbase is the largest platform for trading cryptocurrency. They offer users a service to buy and sell some of the most famous cryptocurrencies including Bitcoin, Ethereum, Litecoin and many more. They have two options first is beginners and the second one is for more advanced traders. 
How does Coinbase work
Coinbase offers two services to its users, number one is wallet (they offer cryptocurrency wallet to its users), the second one is a trading platform that users can use to buy or sell bitcoins and other cryptocurrencies.

Personal Capital

Personal Capital is a personal monitoring tool that keeps track of your earnings, spending, your stocks and other investments. The mobile app is available on various devices which allow you to monitor your finances anywhere anytime.
How does Personal Capital work
The app collects data from various sources such as your SMS, banks, investment accounts, debit card & credit cards and other available sources. Once it has collected sufficient data the app will give you a summary in the form of a graph or other forms. The application is quite useful while investing and keeping track of investments. 

Motif

The investing firm was founded in December 2012, Motif is a combination of both a stockbroker firm and a portfolio manager. The application allows you to invest in about 30 ETF at as low as $4.95. 
How does Motif work
Motif’s mobile app allows you to create about 30 ETF and invest them. One of the best features of the app is that it allows you to check or search companies according to preferences like if you want to search for companies with most likes on Facebook than set the preference as most liked companies and it will show you the list of companies with most likes on Facebook. 

Rally Rd


Rally Rd has such a unique concept about investing, they allow their customers to invest in collectible cars. The company was founded in 2016 and wasn’t making any money by 2019. It was said that they are going to adopt Robinhood’s model of earning on people's assets and launching a subscription to allow users to use premium services. 
How does Rally Rd work
The basic model of Rally Rd’s is they turn every collectible car into a small public company by dividing its stocks into 2000 units and allow their customers to purchase the company’s stocks. 

Yahoo Finance 

Launched in 1997, Yahoo Finance is an expert Finance company that has many years of experience in the investment market. Their mobile app has such features that allow you to track, analyze, and invest in the stock market. In other words, you can say that the company provides various services including financial reports, original content, press release, and stock quotes.
How does Yahoo Finance work
Other than daily Finance news and reports Yahoo Finance allows its customers to make in-app trades. For customers to do in-app trades they will be required to allow access to their brokerage account into the Yahoo Finances. Those of you who want to get started in the investment market hurry up since the platform is still free. 

CNBC

CNBC is a Finance market news place. The app allows you to follow companies or stocks on a single tap. With the use of CNBC’s mobile app customers can see all the necessary financial information. In Addition to that, you will get access to stock quotes from all around the world and daily market news without looking anywhere for the information. 
How does CNBC work
The CNBC mobile app doesn’t support any kind of trading but this is one of the favorite apps of traders to use side-by-side with their brokerage firm since it allows you to check every latest detail and news about investment and stocks market directly through your mobile app.

The development cost of an on-demand investment app
The total development cost will be based on a few factors such as 
  • The country and size of the development firm: Usually development companies charge as per hour they spend in developing the app. A USA based company will charge you almost $200 per hour whereas an India based company with the same experience & expertise will charge you almost $40 per hour. 
  • The complexity of the app: The complexity depends upon the total number of features you want into your app and how you want your UI to feel and look like. If you want more features and a nicer, friendlier UI than that will take time. Since investment is already confusing for many people and those reports can easily confuse anyone, I would like to suggest that you go with a more user-friendly layout to ease the user experience. 
  • The total number of platforms: Depending upon how many platforms you want your app to run, developing hours will increase. In the case of an Investment app there should be at least three platforms Android and IOS for beginners and casual investors and a Desktop app for more serious investors. 

After taking all the factors into account it is safe to say that your on-demand investment app will cost you anywhere between $10,000 to $150,000. Since there are already so many runners into the investment market if you are looking for developing an app then it is best to always go for the best options and UI.

Looking for a development company
Tech Pathway is India’s one of the top leading app development companies. We provide on-demand solutions while taking everything into account that our clients need. We have a team of experienced developers and designers that have prior experience in investment app development. So let us develop your mobile app while you concentrate on more concerning matters of your business. 
Here’s what we offer


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