- May 18, 2021
- Posted by: Admin
- Category: Famous App Analysis
Investment is the imperative part of everyone’s life be it rich, medium or low-class families every Indian family prefers to save their part of the wage (income) for future or needful purposes. To carry out such investment, saving, and stock trading activities people likely rely on the guidance of bank brokers or other resources.
By considering the challenges, complexity, and difficulty involved in traditional trading and investment models, most of the brokers and trading companies got shifted to e-trading and online trading apps.
The best part of these online trading apps is that people who don’t have any idea or knowledge on financial investment or stock trading could be smart players by getting educated through this app without paying half of the commission to the third party.
Do you know around thousands of Online Mobile trading and stock sharing apps have been introduced in the market? Yes, that’s true, but only a few of them has dazzled the investors.
In those one of the apps known as Upstox has gained more popularity and fame by getting trusted by over 29 lakh investors. Remarkable isn’t it?
By getting impressed by the kind of features, models, and the ease to use of the app most of the business visionaries in this niche are seeking to know
How To Create an Online stock Trading app like Upstox?
What Features to include in the Online sharing/Stock trading apps? And
How Much Does it Cost to Build an Investment platform like Upstox?
So this blog has designed for those people who want to know everything related to Upstox app development and its cost.
Let’s dig into the blog by covering one by one questionnaire
What is Online Trading?
Online Trading empowers the trading of securities through online platforms. Upstox is one of the Online trading portals that enable a trading process of several financial instruments such as mutual funds, buying of gold, and more. Besides the platform eases the investors and traders to undergo effective trading of stocks and other financial entities
About Upstox App Model
Glorified as India’s largest investment platform Upstox is an easy-to-use online sharing and stock trading app for all your investment needs. One can invest in stocks, mutual funds, gold IPO’s and other things through the top-notch features accessible through this investment platform.
Look at some amazing Advantages associated with the Upstox app
When it comes to online Trading, you can easily open a trading account through this app in one go. You’re not restricted by time and place constraints as the app provides you the ease to open it via just an internet connection. Hence online trading is more portable and convenient through the Upstox app.
Cost-Effective and Affordable
The Online stock trading or Stockbroker free app Upstox is more affordable implies requires lower pay when compared to commission taken by the traditional method. In case if you trade a greater volume of stocks, it’s probable to get reduced the broker fee’s.
Manage and Monitor Investment Anytime
The app provides you the facility to perform Online buying or selling of shares according to one’s convenience and comfort. It unlocks the ability to watch how money is climbing and falling down throughout the day. You can access the app through mobile or computer to be updated about profit or loss
Eliminates the need for Middlemen
Save a lot with this phenomenal broker-free app that enables you to achieve the best by yourself without counting upon any brokers. Besides reducing the overall trading cost, it serves hassle-free trading by making this service much more worthwhile.
Better Understanding of Money
This is one of the best benefits of Upstox Online Trading app which one can’t ignore. Similar to Conventional stock trading, you can analyze and predict the market behavior and utilise this for the prediction of rising or fall in the price of the stock through which you can save finances falling down
Features Included in Online Investment platform like Upstox
The Upstox app has achieved a great win by covering essential phases of the Investment that too in one platform- Stocks, Mutual Funds, Digital gold,IPO’s and Future& options
Invest in Stocks
– Provides an easy, fast, and secure way for investing in stock market
– Stock investments with Zero Brokerage
– Obtain all the updates such as Charts, Financial data and news related to every stock to make accurate decisions
Invest in Mutual Funds
– Loaded with more than 2,000 mutual funds schemes
– Eliminate the need to pay commission fees for investing in direct Mutual funds
– Real-time Monitor and management of investment portfolio
Invest in Digital Gold
– Help the users to Purchase 24 karat,99.9% pure gold
– Serve the investment from as low as Re 1
– Lock-in from the Frist 5 days of purchase one can buy or sell in real-time
Intraday and F&O
– Open an Online Trading account for free
– Know OHCL(open high close low) data for trading in a better way
– Offer Stop-loss feature to minimize loss
– Pre and Post Trade analytics, smart drawing tools,100+ charts,250+ indicators, Tutorials, and more for the decision-making process
– One can place an order from any source such as charts, scrip details, or market depth
Invest in IPOs
– Apply for an IPO’s and assist to track the status online easily
– Encourage to buy stocks at the original value without getting impacted by market demands.
How to Build a Trading and Investment App?
There are some features and functionalities without which it is impossible to imagine Online Trading and Investment app development. You can say it is considered as the base or essentialities of Online Trading apps
Newsfeed and Social Feed
By being aware of the real-time news and market changes users can make a suitable choice for stock and trading. Additionally, you can include social feeds such as user’s comments, investment, portfolios, etc. successfully turns out to be a social investing experience.
Search and Filters
Users look for accurate and systematic search and filter options for getting their stocks done. A robust search feature will help them out for looking a relevant stock by company name and other parameters.
Favorites and Stock Discovery Pane
One of the major features to look for while building a stock market app is analytics and grouping of stocks based on what is trending, ups/ and down’s of the market, and more. Through this users can make stock of favorites and review them later
Notifications in trading apps alter and updates the users about the tracking stock prices empowering them to when to buy/sell the orders.
Investment apps must be included with educational and tutorial resources right from the start of the app.So that when newcomers get into the app they can easily understand investment and other aspects of trading
Moreover to make your Online Mobile Trading app a massive hit you need to envision adding more unique features along with the above-mentioned features.
How Much Does it Cost to Build an Online Investment Platform like Upstox?
Like any other Mobile apps, the cost to build online trading apps like Upstox clearly depends on various factors such as the app concept, Kind of features, technology used, UI/UX design, and a lot more other things.
The Online Trading and Investment app development include various complexities that require depth understanding of the trading process and market behavior. Additionally, it also depends on the company you choose to build such high-tech and revolutionary apps. It is highly advisable to go with a reliable and trustworthy trading app development company that strengthened with stock market app developers
However, the rough estimate provided to build an Online Investment platform like Upstox ranges from $50K-$100K.
- Why Unity Is favorite among the Game Developers
- What makes a streaming service like Netflix take over the entertainment industry?
- How much does it Cost to Hire a Game Developer?
- Investor’s Guide: Revealing Why Investing in Fantasy sports is Profit Making
- IoT in Sports- Changing the present game scenario