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 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
- We
provide salesforce supports to our clients.
- We
will look after your social media marketing and ad campaigns.
- We
have the best AI-based chatbot for your app.
- Easily
understandable coding script.
- Maintenance
and update for your app.
- After-sale
supports.
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