Stock Trading App Development (Process + Cost)

Want to create a custom stock trading app with unique features?
But not sure about the cost and how to proceed further.

You have landed on the right blog.

Developing a stock trading app can help a business tap into this growing market and reach a wider audience of investors. As per the forecast of Statista, the global online trading market increases by 6.4% per year and is estimated to reach 13.3 billion U.S. dollars in 2026.

Below is a screenshot from Statista, which represents stock trading market is increasing it’s growth in recent years.

Source: Statista

If you are wondering about stock trading app development to leverage the opportunity, then keep reading this blog.

Being a leading mobile app development services provider in the USA, we understand what it takes to develop a trading app. So, we decided to curate an A-Z guide about stock trading app development with the help of our fintech app developers and consultants.

From this blog you will learn about:

Let’s dive into the blog.

How to Develop Stock Trading App in 5 Easy Steps

Let’s quickly understand the different phases of trading app development in 5 simple steps.

1. Perform Market Analysis for Stock Trading App Development

   Before you hire an app development company for building a stock trading app, you need to conduct market research to understand the market trends, audience pain points, and market requirements. This is one of the essential stages where you will get clarity about what you will offer to your users and define the app development requirements. Let’s understand in detail the reasons to conduct market research for your app.

   Why should you conduct market research for stock trading app development?

   • To identify opportunities and challenges, and make informed decisions about the features and functionality of your app.
   • Understand the needs and pain points of your target users.
   • By researching competitors, you can learn about their strengths and weaknesses, and differentiate your app from theirs.
   • Help you stay up to date on current trends in the stock market and financial industry, and adjust your app accordingly.
   • Understanding the market and the value your app provides to users, you can determine a price that is competitive and fair.
   • Enables gathering feedback from your users, which can be used to improve the app and make it more appealing to potential users.

   Once you have conducted the market research identify the top competitors of your app. Make a list of the best stock trading apps available in the market. After that, check the app store ratings and reviews to find out loopholes in existing applications. Generally, app users share their requirements and challenges in the feedback section. It allows you to plan for your mobile app in a better way.

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2. Select the Features to Include in Your Stock Market App

   Once you complete your research, you must evaluate the basic and advanced features you want to integrate into your stock market app. Before deciding on the features, remember that your users want to track and manage their investments in the stocks easily.

   We have mentioned some of the features for you to include in your stock market app. Refer to the below table and take references to customize your online trading app accordingly.

   Features to Include in Your Stock Market App

   Features	Description
   Predictive analysis tool	A feature that analyzes historical data in the finance market and makes predictions based on the available data for the future. It works as a kind of machine learning.
   Buy and sell crypto	With this feature, you allow users to make real-time trades of cryptocurrencies. Even, you can charge trading fees to your users.
   Push notifications	With this feature, you send essential alerts on the stock, events, earnings, price drops, and growth of stocks. Also, providing a custom alerts setup allows your users to get notifications accordingly.
   Real-time market data	This feature allows users to see up-to-the-minute stock prices, trading volume, and other market indicators. This can be useful for keeping track of the performance of individual stocks or the overall market.
   Advanced charting tools	The users can analyze market trends and make informed trading decisions. Technical analysis tools such as moving averages, trend lines, and oscillators can help users identify patterns in stock prices and make predictions about where prices might be headed in the future.
   Add to watchlist	It is a special feature that allows your users to add favorite stocks to their wishlist to keep an eye on them. This way, it eliminates the efforts of users to often search on the stock and check its market value.
   Online chat customer service	To get the most out of any stock market app, take advantage of customer service features. Some investors prefer to call, while others are more comfortable chatting online with a company representative. Explore all the options before deciding on an app.
   Integration with other financial accounts	Some stock trading apps allow users to link their brokerage account, bank account, and other financial accounts. This can provide a more comprehensive view of a user’s financial portfolio and may allow for easier management of their investments.
   Educational resources	Some stock trading apps include educational materials such as articles, videos, and interactive courses to help users improve their investing knowledge and skills. These resources can be helpful for both beginner and experienced investors.

   Apart from these advanced features, you can also use other functionalities that will make your app unique and stand out from others.

3. Hire the Best Fintech App Development Company

   When you are done with the market research and made a list of features to implement in this app, you need to hire dedicated app developers or a custom mobile app development company. Once you get in touch with an experienced app development consulting company, your idea gets validated and you get suggestions, and you will even know the cost and timeline to build a stock app for your business.

   Quick Tip

   Look for app development companies that have a clear and transparent process for developing apps and a focus on collaboration and communication. This can help ensure that your project stays on track and meets your goals.

   Let’s understand the reasons to hire the top fintech app development company.

   5 Benefits of Hiring Stock App Development Company

   1. Provides experience developers: Developers who specialize in building financial apps have the technical skills and expertise to build a high-quality, reliable app. They can ensure that the app is built to meet the specific needs and requirements of the user.
   2. Get customization as per your requirements: A custom stock app development company can build a stock trading app that is tailored to your specific needs and requirements. This can include features such as real-time market data, advanced charting tools, trade execution, risk management tools, and integration with other financial accounts.
   3. Ensure scalability of your app: As your business grows, you may need to add new features or scale the app to meet the demands of your users. Working with developers or a custom app development company can ensure that the app is built to be scalable and can grow with your business.
   4. Get ongoing support: When you hire developers or a custom app development company, you have access to ongoing support and maintenance. This can be helpful if you encounter any issues or bugs with the app, or if you want to make updates or add new features in the future.
   5. Ensures time and cost savings: Building a stock trading app from scratch can be a complex and time-consuming process. Working with developers or a custom app development company can save you time and help ensure that the app is built efficiently and cost-effectively.

   In case you are planning to hire a dedicated app developers team, you can check their presence on Clutch, Upwork, and Toptal. Or check this detailed guide on how to find and hire skilled app developers. Before you hire a team of developers, ensure to check their portfolios, work experience, reviews, and feedback from the clients.

   If you do not want to do all this tiresome work, you can also consider Space-O Technologies as your technological partner. We have experience building more than 4400+ mobile app solutions and working with over 1200+ clients across the globe.

   Here is feedback from our client Mr. Riccardo Petrachi who got 500 downloads in just 2 weeks. Check his testimonial to know how Space-O Technologies helped him to optimize his overall idea and deliver a unique solution.



4. Design and Develop the Stock Trading Application

   Once you have hired the company, the stock market app development team will develop your stock app solution as per your custom company’s needs. After validating your idea, the company will provide you with a timeline, cost, and SRS – to know the outline of your project.

   When you get SRS, the business analyst team will start with wireframing your stock app. With the help of wireframing, you will know how your app will navigate and will help you with the overall outline of the project. Once the wireframing is completed, the UI/UX team uses tools like Adobe XD to add hues to your design. UI/UX designers create a sample design to know your color preferences.

   Once the designs are finalized from your end, the app developers will start developing your application and complete the mobile app development process within the estimated timeline.

   App developers start writing code. The coding is done based on your specified requirements mentioned in the software requirements specifications documents.

   App developers need to choose the following as mentioned in the SRS document.

   • Programming language
   • Third-party integration
   • Software development methodologies

   In addition, mobile app designers follow the best practices of app design so they are able to create a top-notch and quality apps for your business. The use of the right programming languages like Kotlin, Flutter, React Native, and Swift and technologies like AI, VR, AI and ML helps to create scalable mobile apps for the future.

5. Test and Launch Your Stock Trading App on App Stores

   When your stock trading app is developed, mobile app testers conduct testing to ensure the app is bug-free. Your stock trading app is tested on various parameters like functionality, logic, and design. Mobile app testers perform testing to know whether your app is functioning properly or not.

   Here are some of the tests that the QA team performs for the stock trading app.

   Test Type	Description
   Functionality Testing	Verifies that all features and functions related to stock prices, trading, and market data feeds are working as intended
   Performance Testing	Ensures that the app can handle high levels of traffic and transactions related to scalability, reliability, and speed without crashing or experiencing delays in real-time.
   Security testing	Verifies that the app is secure against threats such as hacking and data breaches and has proper authentication and encryption for data security
   Usability Testing	Ensures that the app has a user-friendly interface and provides a good user experience. Testing is done on different devices and operating systems to ensure that it is responsive and easy to use.
   Compatibility testing	Ensure that the app is compatible with different devices and operating systems. This includes testing the app on a variety of smartphones, tablets, and desktop computers.
   Integration testing	If the stock trading app integrates with other financial accounts or apps, integration testing is done to ensure that the integration is working as intended. This includes testing the app’s integration with brokerage accounts, bank accounts, and other financial apps

   Once testing of your stock trading app is done as per the mobile app testing checklist, your mobile app is ready for uploading to the app stores. Developers know the app store guidelines and will successfully help you launch the app on the respective app stores.

   So now you know the process, let’s understand the cost of developing the stock trading app.

How Much Does it Cost to Develop a Stock Trading App?

The cost of developing a stock trading app can vary significantly depending on a number of factors, such as the complexity of the app, the number of features it includes, the platform it is built for (e.g. iOS, Android), and the location and experience of the development team.

However, we have bifurcated the cost of developing the app based on the development stage, features, and location. Let’s check.

Stock Trading Application Development Cost on the Basis of Development Stages

Let’s check how much it would cost you based on different app development stages. The following cost is for medium-level stock applications.

Stock Trading App Development Cost on the Basis of App Complexity

App complexity also influences the app development cost. Please know that the app features increase the complexity of the app. Hence, the more you integrate features into your app, the more it will cost you to build a stock trading app.

We have bifurcated the features and cost into two tables so that it is easy for you to know the cost.

a. Simple stock app
b. Complex stock app

Let’s first know the cost and features of simple stock app.

Here are the features and cost of complex stock app.

Stock Trading App Development Cost on the Basis of Locations

As we discussed above, the location of the developers also influences the app development cost; check per hour cost of developers from different locations.

However, there are no perfect mobile app cost calculators, but you can still calculate it by using a simple formula (refer it as an app development cost calculator), which is as follows:

How Long Does It Take to Develop a Stock Trading App?

The average time required to create an online trading app takes around 5-6 months for each platform, i.e., Android and iOS. Generally, the hours of trading app development depend on the following factors.

The mobile application development timeline also includes the integration of features shown in the following table.

Let’s understand the technologies that you can use during stock trading app development

Technology Stack to Develop a Stock Trading App

Being a leading mobile app development company in Canada, we use these technologies to build stock trading solutions. Check the following table that includes the information on the technology stack for building stock trading applications.

Since you know technology, cost, and process, let’s now understand what benefits you can get from developing a stock trading app.

What are the Benefits of Developing a Stock Trading App for Your Business?

Here are the top 7 benefits of developing a stock trading app for your business.

Till here you know the benefits, let’s check the 5 best stock trading apps that you can consider developing for your business.

Let’s understand the 5 best fintech apps that can help you to develop a similar application.

App Icon	Trading Mobile App Name	Ratings and Reviews (Google Play Store)	Ratings and Reviews (App Store)	Download Link
	Robinhood	Rating: 3.8 Reviews: 450.4K	Rating: 4.2 Reviews: 4.1M
	Wealthfront	Rating: 4.6 Reviews: 4.69K	Rating: 4.6 Reviews: 15.5K
	MarketWatch	Rating: 4.4 Reviews: 40.5K	Rating: 4.7 Reviews: 178.7K
	NerdWallet	Rating: 4.6 Reviews: 17.5K	Rating: 4.8 Reviews: 96.7K
	Coinbase	Rating: 4.1 Reviews: 700.0K	Rating: 4.7 Reviews: 1.7M

Still have questions, let’s understand in frequently ask questions

Develop Your Custom Trading App

In this blog, you have learned essential information for building a stock trading app. You learned about the development process of stock trading apps, development technologies, cost, timeline, and unique features to include in your application.

Are you looking to develop a mobile trading platform for trading stocks? We are a leading mobile app development company in the USA having delivered 4400 mobile app solutions across the globe. Having 12 years of experience in the IT industry, we can develop custom mobile and web applications as per your requirements. Let’s get in touch.