Some of the must-have features to include in an investment application are listed below. Now let’s talk about your application features, especially those you’ll definitely need for your MVP. You can change this list according to your idea, budget, and marketing strategy, but these are just the basic features that can be found in most popular investment applications. An investment app is a rather complex application, so you won’t be able to build it with just one or two people. For such applications, you need other specialists like QA engineers, designers, project managers, and client and server developers. It’s impossible to manage a freelance team while also meeting your deadlines and staying within your budget.

After a quite simple analysis of a user’s behavior and preferences, an AI can provide options on how to optimize the investment strategy and create more value from trading. Charles Schwab is an excellent investment app that also doubles up as a bank with zero fees on foreign transactions. It allows you to invest in the stock market and other assets such as bonds. Since this is an end-to-end development project, you may need to get professional help if don’t have access to a skilled development team and a PM.

Education-centered investment apps:

The stock market traders are now interested in the apps and web pages that allow them to trade by using a few taps or clicks on their mobile phones and other devices. Creating an e-trade app will provide the market with a solution and ease for trading. It is an excellent opportunity to develop a trading app because the market and users have not seen a complete trading app.

Another option is to create premium subscription plans on top of the free accounts by giving premium users added features, priority statuses, and various perks. Advertising may also be a lucrative source of revenue, as many commercial entities are ready to pay for banners with their ads on your website once it gets popular. On average, development work on an online investing app takes 2,000+ hours of development.

How to develop a mobile investment app?

The design phase will incorporate the steps and features finalized in steps one, two, and three discussed above. The designers and managers will be reviewing and working in the phase. Mainly, they will work on the frontend design that includes UI (user interface) and UX (user experience). The design phase will be the stage where all of the investing app’s screens and other designs will be developed. After completing all the earlier steps, now is the time to start with setting your goals and where you want to be.

You should strive to meet all the standards for apps created by the relevant publishers. We believe the best way to promote simple investing apps is by targeting these two core platforms. Why should one create software with these marketplaces in mind? Apple and Google hold 95% of the global app market (except China). Upon choosing the relevant technologies, it’s time to create the basis of your app.

Required Team for Investment App Development

You and your team should decide on UI/UX design, technology stack, app architecture, user flows, front-end and back-end functionality and many other things. For instance, the Ellevest or Swell Investing apps are known for their unique selling points—they offer people to take part in social investing. White-label apps are a good choice in terms of development costs and efforts, however, they come with a basic set of features and leave very little room for scaling up. In the first case, you get a turn-key product with standard user flows common to most of the financial apps. It’s possible to change the look of your app by fine-tuning the front-end of the white-label app.

MadAppGang are experts in web, Android, and iOS app development. Our fintech solutions, such as WebMoney, are used by millions of people worldwide. An investment app is a web, mobile, or desktop application that enables users to manage their investments. Many investment apps don’t provide many options Linux for Network Engineers: Practical Linux with GNS3 Video for managing a high-quality portfolio. In this light, allowing users to sync their investment accounts from different financial institutions and consolidate all their resources in one place makes sense. Integration with external platforms or brokers simplifies the management of multiple accounts.

Customers will be definitely thankful to you for saving their portfolios. Know Your Customer and Anti Money Laundering integration is a must for investment app compliance. Consult with a lawyer on the details and extra regulation https://forexarticles.net/getting-started-as-a-project-manager-learning-path/ you should consider and comply with for every country you would like your app to operate in. Buying, selling, cash in, cash out… Investors like to have full and transparent information about their money flow.