How much would it cost to develop a Stock Trading App like Robinhood?

Unless you've been living under a rock for the past year, you've probably heard of Robinhood and how it's led to an explosion of everyday people learning how to buy and trade stocks online. The stock market is a pretty difficult thing to predict in terms of success, but one thing is for certain: building a stock market app or platform can be highly profitable for you or your business.

Financial app development is a bit different from developing apps for other sectors or industries. For one, there is more legwork and paperwork involved in the process of starting a financial company. Another thing to remember is you'll need to actively keep paperwork related to your business, its financing, tax details, and other important documents related to your business. With all these possible restrictions and red tape to get through, you might be curious if developing a stock app is worth it. Let's take a look at some stats and insights to help you make your decision.

Moodbites

Looking to develop your own Stock Trading Platform like Robinhood?

Now that you've got a bit of an idea of how an app like Robinhood works, you might be wondering how you and your business can go about developing your own stock exchange and trading platform. Given that your app will be dealing primarily with financial matters, as well as the funds of customers using your service; you need to ensure security and encryption of personal information is first on your list of features to include.

If you're looking to develop your own platform, Let's Nurture is ready to help. They've been building websites, apps, and software for the past two decades and make it their aim to help businesses make their tech solutions a reality. By choosing Let's Nurture for developing your platform, you'll be working with our expert teams of developers, app designers, project managers, analysts, and UI/UX experts who will work efficiently and transparently with you and yiur team as you develop your stock exchange platform.

Given the complexity and number of features needed to develop your stock exchange platform, the ballpark price from Let's Nurture would be $25,000 to $35,000 per platform and depending on what is included. Websites can also be constructed for roughly $22,000-$30,000.

Features and Estimated Costs of your Stock Exchange Platform

App Users Customers App Admin
Basic Features Guest User Login
Log in/Sign up Dashboard
Dashboard Manage Users
Search Stocks Manage Industries
Order Status Total Stocks with Filter
Balance Charts Manage Portfolio
Holdings Latest Market Data (view)
Create Portfolio Manage Articles
Edit/Delete Portfolio Manage Notifications
Explore different portfolios Total Revenue
Add filter in portfolio Manage Subscription
Latest Market data Customer Support
Stock Trading functionality Logout
Holding Fund
Selling Fund
Buying Fund
Fund Transfer
Watchlist
Add Stocks to the watchlist
Remove Stocks from the watchlist
Synchronization
Payment gateway integration
Check Analyst ratings
Read articles
Notification
Profile
Buy and Sell Cryptocurrencies
Cash management
Settings
Purchase Premium
Help and Support
Logout
Cost of Development $30k to $35k for Both Android and iOS + Web Admin.

Add-On Features for Stock Trading App development

App Users Customers App Admin
Discussion forum Customer Analytics
Invite and Earn

Team Size for the Development of your Stock Trading Platform:

As previously stated, Let's Nurture offers custom development for both Android and iOS applications and platforms. If you're looking to develop with us, we'll provide you with an expert team compromised of the following staff:

  • One UX/UI designer
  • One Android app developer
  • One iOS app developer
  • One backend developer
  • One quality analyst
  • One business analyst
  • One project manager

Technology Stack We use to develop

Sketch
Sketch
Xcode
Xcode
Android
Android
AWS
AWS
Fabric iOS
Fabric iOS
Android Studio
Android Studio
FCM
FCM
Geo-fence
Geo-fence
Google Analytics
Google Analytics
Google API
Google API
MEAN Stack
MEAN Stack
Mantis BT
Mantis BT
Sass
Sass
sendinblue
sendinblue
Google Webmasters
Google Webmasters
stripe
stripe
swift iOS
swift iOS
ZOHO
ZOHO

What do you get by teaming up with us to develop a Stock Trading App like Robinhood?

  • Mobile and web app development experts with rigorous experience in developing web or iOS/Android apps.

  • Expertise in Stock Exchange Trading app development using the latest technologies.

  • Expert and free consultation on strategic features, their development, and an effective testing strategy.

  • Great value on costs for Stock Trading App development.

  • Stock Trading App development coding as per the guidelines of Apple Store & Google Play.

  • Support in Application deployment and Approval.

As you can see, the stock exchange and trading industry still have plenty of room to grow in the mobile app world. If you or your team are interested in developing an app like Robinhood, you can contact Let's Nurture for a free consultation.

FAQs

The duration would depend on the exact specifications and the requirements which would be mentioned by you. Normally, our mobile application development team would say 10-12 weeks.
C++ Socket Programming Ejabbered based XMPP Server Integration Third-Party SDK like – Quickblox/We Chat can be used in case of the budget constraint
Yes, it is already provided as a part of our service agreement.
We provide AMC (Annual Maintenance Contract) services on a case-to-case basis at 10% of Project cost.
Yes, we have 80+ in-house resources working in Android app development, iOS/ iPhone app development, web development, chatbot development, and Alexa app development.
Yes, we do provide flexible dedicated hiring models consisting of highly skilled and certified web and mobile developers who are well versed in website and Android/ iOS mobile app development projects for diverse industries.

Contact Us

Have an !dea to develop a Stock Trading App like Robinhood?

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Address

31 Queen St,

Charlottetown,

PE C1A 4A4,

Canada