The TikTok app doesn’t need any introduction, everyone knows what TikTok is right? This Video sharing app has hit the market by the hurricane and it became the most trending app in social media. Users use this platform to express themselves for the world to see and get entertained.
Not even a day goes by in the lives of millennials without going through social media apps. The prologue of TikTok has evolved as a popular trend among people of all ages and set a new standard for upcoming video-sharing apps.
The application has millions of fans all over the world, and they spend hours creating content. The innovative social media platform has opened up numerous opportunities for enthusiastic entrepreneurs to launch their apps.
An app like TikTok in India
Since the ban of Hilton in the Indian market, the demand for the homegrown app has increased to the highest, amidst that Kurafat, an Indian short video app, but better has come along with other apps like – Moj, Chingari, Josh, Max Takatak, etc.
What is the best technology used to develop the TikTok clone app
Multiple modern technologies go hand-in-hand to develop a TikTok clone script. If you plan on developing a native mobile app, contemplate choosing Swift and Kotlin as your programming language for iOS and Android apps, respectively.
TikTok clone app development compels a bunch of tech stacks as mentioned below-
1. Programming language.
Short Video apps like TikTok can be developed by using Java and Kotlin for Android and C or Swift for iOS. If you choose to build the hybrid version, you can use React Native, Xamarin, or Flutter for both Android and iOS
2. Database management
For Database management integration, you can use MongoDB, SQL, or Cassandra.
MongoDB- MongoDB is an open-source document-oriented database that is constructed to store a huge scale of data and also authorizes you to work with that data very efficiently. The MongoDB database is developed and managed by MongoDB.Inc under SSPL. It also delivers official driver support for all the popular languages like C, C++, C#, and .Net, Java, Node.js, Perl, PHP, Python, Motor, Ruby, Scala, Swift, Mongoid.
SQL- SQL stands for Structured Query Language. It is utilized to communicate with a database. SQL is a language to operate databases; it comprises database creation, deletion, fetching rows, modifying rows, etc. SQL is an ANSI (American National Standards Institute) standard language, but there are many various versions of the SQL language.
Cassandra- Apache Cassandra is an open-source, distributed, and decentralized storage system (database), for organizing very massive amounts of structured data that diverge across the world. Cassandra is a highly scalable, high-performance distributed database constructed to handle large amounts of data across many entity servers, giving high availability with no single point of failure. It is a type of NoSQL database
3. Cloud hosting
Cloud hosting architecture powered by Amazon Web Services and Azure
Amazon Web Services – Amazon Web Services offers an extensive set of global cloud-based products containing compute, networking, mobile, developer tools, analytics, management tools, IoT, storage, databases, security, and enterprise applications. These services help companies move faster, lower IT costs, and scale.
Azure- Azure is a social cloud computing platform—with solutions incorporating Infrastructure that can be utilized for services such as analytics, storage, networking. Azure is a fast, virtual computing, flexible, and inexpensive platform and its pricing and facilities make it the best public cloud subsidy on the market.
4. Analytics
F9r Analytics Apache spark is the best technology to use – Apache Spark is a data processing framework that can promptly perform processing tasks on very vast data sets, and can also administer data processing tasks across numerous computers. Spark is a lightning-fast assortment computing technology, manufactured for quick computation. It is designed to encompass a wide range of workloads such as batch applications, iterative algorithms, interactive queries, and streaming.
5. Backend development
For backend development Node. js is the most promising technology to use. Node.js is an open-source, cross-platform, back-end JavaScript runtime environment that operates on the V8 engine and executes JavaScript code outside a web browser.
Node.js can develop dynamic page content. It can create, open, read, write, delete, and close files on the server. collect form data. Node.js can also add, delete, alter data in your database.
Hire the Best Mobile App Development Team for Your Business
Social media apps for TikTok, are getting more popular among every age group, the best target audience to generate dividends from. However, you must have something new in your app so that people are attracted to it and start preferring your design and features. To make your Tiktok clone app successful, you need to depend on a team that offers world-class mobile app development services at the most competitive price.
For that, you can choose ThinkStart Private Limited, this company works globally and has developed plenty of applications, they use all the latest tech stack, and understand your demands and need to create the app just like you want.
Gone are the days when people used to turn on their PC/laptop for watching online content, surfing the internet, sending emails, or even conducting online meetings. Nowadays, mobility solutions have taken over the market where handheld devices serve most of the everyday functions. Considering that mobile apps have become a very crucial element of our daily lives, it becomes very crucial for the mobile app developers to deliver faultless mobile apps. In this article, I’ll take you through the process of mobile app testing, but first, let’s know the types of mobile app testing, its significance, and the strategies that should be followed while testing a mobile app.
Mobile App Testing – Significance
Testing mobile apps is more challenging than testing web or desktop applications because of three reasons. First, there is a larger variety of mobile devices that exist in comparison to web applications. This is because of the different screen aspect ratios and hardware configurations like processing speed and available memory that are apparent on a mobile. Second, different mobile operating systems are being used by different mobile manufacturers like Android and iOS. Third, the operating system versions keep upgrading and thus it becomes crucial to test if the mobile app is compatible with the newer OS version.
Like every other application, mobile app testing is also very important as for certain apps, the clientele is millions and hence, an app with bugs is never appreciated. Launching an app with faults results in brand image damage and monetary losses or sometimes, it can lead to legal issues as well.
Types of Mobile App Testing
To address all the potential issues that can occur after launching the mobile app, the following types of tests are performed for almost every mobile app.
Usability testing – Mobile app usability testing makes sure that the app user interface and experience is easy to understand and use which improves user satisfaction.
Compatibility testing – A mobile app has to be compatible with multiple mobile devices, operating systems, browsers, screen sizes. Compatibility testing makes sure that the app runs perfectly on different environments, specified in the requirement document.
User Interface and Experience testing – UI/UX testing is for making the menu, buttons, navigation flow, and many other UI/UX elements at par with the user expectations.
Low-level resource testing – issues related to device memory usage, auto-deletion of cache memory and temp files, and local database management comes under low-level resource testing.
Performance testing – Testing mobile app performance for the required mobile networks and making sure that the app doesn’t crash in several scenarios. Also, analysing the device battery consumption while using the app and monitoring the mobile API usage bottlenecks.
Operational testing – Testing the backup and recovery plan in case the battery goes down or ensuring no data loss while updating the mobile app from app stores.
Installation testing – It includes validating the app by installing and uninstalling it on several different mobile devices.
Security testing – Testing the application to ensure that the user data is safe from phishing or any other cyber attacks.
Mobile App Testing Process Step 1. Outlining the process
Before the mobile app tester decides the use cases which they’ll either test automatically or manually, it is advisable to first outline the list of all the use cases they’ll be testing. They should create a test plan for the mobile app which will consist of all the use cases and scenarios they want to test. The goal behind outlining is to describe the desired tests and their results. A good place to start when creating the test plan, is to study the Product Requirement Document.
Step 2. Select the type of test you want to run
Choosing whether the tests will be automated or manual is the second step in the process of mobile testing. Although, it isn’t easy to choose which testing method will be best for your particular use case, hence, I’ve created a list to help you decide whether you should test manually or automated.
Use automated testing when:
You frequently run a particular type of use cases. It is reasonable to automate the routine tests that you run on a regular basis to check the basic functionality of the mobile app. In the long run, it will pay off the time spent on creating an automated test for such repetitive tasks, as it will save you time and eliminate potential errors that are caused by repetition.
Your test has a predictable outcome. For every conditional testing, test automation is a perfect pick. For example, conditions like ‘if the user taps a button, a new window will open’ has a clearly defined outcome, and there are very little efforts required from the tester’s side to consistently monitor the outcome.
You’re testing the app’s compatibility with an array of hardware devices. You will be required to do a lot of testing if you want your app to run smoothly on a variety of mobile devices. Manually conducting all of these tests is challenging. Hence, it is better to use automated tests for device fragmentation.
Step 3. Prepare test cases for different functionalities
When you’ve decided the mobile application testing methodology that you’ll be using for your tests, you should define the cases you want to write tests for. At this stage, you can consider the following two approaches:
Requirement-based testing where the performance and reliability of required app features is tested.
Business case-based testing the assessment of the app is done based on the business perspective.
The test cases for mobile app assessment depends on the type of test you want to perform. All the mobile app tests are broadly divided into two categories – functional and non-functional.
The functional tests include:
Unit testing
System testing
Integration testing
UI/UX testing
Regression testing
Acceptance or beta testing
Non-functional tests include:
Stress testing
Security testing
Performance testing
Volume testing
Reliability testing
Load testing
Localisation testing
Compliance testing
Till the end of this step of mobile app testing, you should have a list of tests that you want to run for the app. When you have the list, it’s time to move to the next step – the actual mobile app testing process.
Step 4. Manual Testing
Although many developers and testers favour automated testing over manual,with an Agile testing framework, it is always recommended to utilise the combination of automated and manual testing.
If the mobile app developer kicks off a testing sprint as per the test plan, it is good for him to begin with exploratory manual testing. Manual testing doesn’t require heavy initial investment in terms of time and money, which is another reason to adopt manual testing at the early stages.
With manual testing, you should always keep consistent logs of your testing sessions in a document or excel sheet. If you are planning to engage a few testers simultaneously on the testing process, you can consider running simultaneous manual tests which will save you time for the later stages.
Step 5. Automated Testing
After conducting a few manual testing sessions and detecting the pattern of outcomes, you can consider automating most of the test cases based on their predictability and frequency.
For your understanding, tests such as load testing, performance testing, spike testing, stress testing, are very commonly tested with automation.
With test automation, the most crucial thing is the selection of the right tool. The market is filled with many test automation tools, but in order to find the most suitable one for your mobile app testing, here I will mention a few points:
Consider the tool that supports various platforms: Your app can be built for iOS or Android or both. You will be required to run tests for different programming languages (.NET, C#, etc.) to test your app. You would not want your testing tool to restrain you with a couple of programming languages. Thus, you should select the mobile app testing tool that allows you to test on a wide range of platforms, even if you are not required to test on those platforms at the moment.
The tool that has rich features: Features like recording tests and playback will make mobile app testing easy and convenient for the testers. Also, do remember to manually write automated tests.
Reusable and change-resistant: Tool that allows your testers to run reusable and easy-to-maintain tests should be preferred by you, as they will save you a lot of time running new tests in the future.
Step 6. Usability and Beta Testing
A common misconception among testers is that the beta testing can replace usability testing as both of them focus on similar issues. Still, it is worth performing both types of tests.
You can begin with a usability testing session sprint. During the designing phase, it is always better to have the end-user point of view. The usability tester will showcase the potential features and narrow down the list of features which were perfectly received by the end-users.
Beta testing is helpful in the product building strategy where you build the app from start to end and then you want to get the end-user’s feedback on the entire system before you roll out the application to the app stores. Similar to the usability testing, the beta testing enables testers to understand the features which are very necessary for the users.
Hence, both usability and beta testing are worth paying attention to. However, there is a difference between both the testing methods. In usability testing, the tester knows if a feature works or not whereas with beta testing, the tester gets a clear understanding of whether the users will be using a particular app feature frequently. A popular method for iOS beta testing is Testflight.
Step 7. Performance Mobile App Testing
When you’ve completed the usability and beta testing for every app feature, now is the time to test the performance of the entire system. This is where mobile app performance testing comes into play. The test helps in evaluating the speed, stability, and scalability of the app under high amounts of traffic.
Before you even start testing the app performance, always determine the capabilities the app is supposed to offer. You should know the intended use cases for the app as well as the favorable situations under which the system will sustain.
To make sure the success of performance testing, you should set realistic expectations and benchmark scores. While keeping away from developer’s perspective, try to look from the end-user’s perspective to ensure the efficiency of performance testing.
Step 8. Security and Compliance App Testing
Mobile apps have to be compliant to a lot of data security and standards. Depending on the industry the app is catering to, the compliance and government regulations differ. Here are some common security guidelines for mobile apps:
PCI DSS – These data security requirements are for mobile apps that allow users to make payments.
HIPAA – These security compliances are for mobile apps that are targeted to the healthcare sector. It helps in securing the patient’s personal as well as medical data.
FFIEC – these guidelines are for banking and financial institutions. It requires the banking and financial institutions to install appropriate security measures to secure sensitive financial data.
These gadgets are developed for controlling various devices like kitchen appliances, security cameras and electronics with smart phones and tablets. If you also want to upgrade your home then go through this guide on home automation for beginners.
1. Home Automation Introduction
Before you go for purchase of any smart gadget, understand first about the home automation and its usage in our daily life.
It can perform many activities remotely without lifting a finger. After the coming of smart assistants like Siri, Google Assistant and Alexa, you can switch the lights, open and close doors, and adjust thermostat just by giving voice commands.
2. Find Your Needs for Smart Gadget
Never buy everything your friends had brought for their home. We all have different kinds of work and different requirements. Think about what you really need, such as smart LED light to grow your indoor plants.
In other conditions like, when you have high crime rates in your area, you should focus more on smart home security systems. It can save your assets and money from robbery and other crimes.
3. Decide the Budget
Smart homes tech is one of the fastest growing industries of this time. You can find innovative devices from low to higher price range depending on their product quality, warranty and brands.
With so many smart home devices wanting to get inside your home, it’s easy to get overwhelmed. Decide the budget first, compare the prices of different smart devices models and buy one that fits in it.
You can get good lighting products not only at a low price, but they are also easy to install in house. In this time, you can begin your home automation journey with affordable smart devices and keep on purchasing new ones as time goes.
Whatever devices you will buy, make sure there should be requirements in your home, may be for your video walls or for garden and landscaping automation.
Also purchase good installation tools and safety were if you will be going to install devices by yourself.
4. Do Deep Research
There are numerous smart home devices in the market with big promises and warranty. If you are interested in a particular product then research a little deeper about that product.
Check the product reviews, warranty, product descriptions, buyers’ guides and also find other brands. Collect information from your friends and neighbours if they have already used that product. After you are satisfied then make the purchase.
5. Purchase Compatible Devices
With the rapid innovation in home automation technology, new devices are coming out almost every day that is making some of the existing ones obsolete.
You should be careful while buying smart home gadgets. Get those devices that are compatible with your current products. Otherwise, you will be forced to replace a whole system.
Your objective should be to upgrade your devices rather than replacing a whole smart home system.
Conclusion
If you want comfort, safety and convenience then home automation is your best thing of this upcoming IOT period. There are many other innovations that will happen in AI automation that are creating more excitement in the people.
So my suggestion would be to start with slow and purchase more. Get help from interior designers in Gurgaon, if you are renovating your home along with the smart home installation.
The rise of a digital technologies requirement in the post-Covid-19 world implicates that most industries are either already affected or will be affected by the technological revolution. Talking about the finance industry, investors, brokers, etc. have already adopted technology to stay relevant in the changing world. This shift has triggered stock trading app development, with apps like E*TRADE and Robinhood leading the fintech market space.
As per a report by Statista, stock trading apps have an awe-inspiring penetration rate. In 2019, Android finance apps penetration stood at 25.75%.
What are Stock Trading Apps?
In general, the purpose of websites and mobile apps is to make a product or service delivery convenient for digital-savvy customers. Like many other industries, the finance industry has also decided to reap the benefits of mobile technology. Among other digital transformation activities, the brokerage companies figured a way to automate their traditional trading system via Stock Trading Apps.
The brokerage companies and startups like E*TRADE were right about their desire to democratise the stock trading market. Stock trading apps allow traders and investors (including individuals) to conduct all sorts of transactions in the stock market whenever they want. These apps allow users to manage their portfolio without having to pay a commission to a broker. This eased-out opportunity to invest has built people’s interest in stock trading.
The year 2020 has seen record demand for digital trading mobile apps. While the United States saw massive unemployment, the stock market, on the other hand, was experiencing growth because people saw trading as a way to make money. In June 2020, Robinhood realised its highest trading volumeever. Not only Robinhood, but even TD Ameritrade alsoreported record tradesduring the second quarter of 2020.
Best Stock Trading Apps
Robinhood is a stock trading platform that allows users to invest in stocks and ETF funds without charging any commission. The app caters to both beginners and seasoned trading pros. The platform provides users with the ability to compile personal lists of financial credit documents and security papers and know real-time information about quotations. The company’s monetisation strategy includes accumulating interest from the user accounts.
E*TRADE is a subsidiary of Morgan Stanley. The E*TRADE mobile app is an electronic trading platform that allows users to trade financial assets, including preferred stocks, common stocks, exchange-traded funds, futures contracts, mutual funds, and fixed-income investments. The users won’t have to pay any charges for US-listed stocks, ETF, and options contracts. However, some services are chargeable. You can find the pricing details here.
eTorois a social trading platform that allows users to not only invest but also communicate with renowned traders. The app is considered to be the original idea for stock market app development. The eToro application is beneficial to people who want to learn about stock market trading while earning at the same time. eToro users can do Stock and ETFs trading, CFD trading, and invest in cryptocurrencies.
StockTwits is a social media platform where investors, entrepreneurs, and traders can share their views or ideas. The company was founded in 2009 by Soren Macbeth and Howard Lindzon. Though the company started with a simple app built on the Twitter platform, it is the first to organise conversations using cashtags (i.e., $AAPL). Since then, it has grown its social network of professionals from the investment domain. Currently, StockTwits has more than 3 million registered users and audience.
Stock Trading App Monetisation
In early 2018, E*TRADE had over 3.7 million accounts, and Robinhood had 4 million. Both of these fintech institutions have been trying to prove that the conventional methods of fintech app monetization, such as collecting interest on customer deposits, are not the only way to make money from stock market apps.
An online stock trading app can also make money by offering premium memberships to the customers. The idea behind this is that some of the several million users will be ready to pay a premium to get access to the premium features that the software has to offer. The premium memberships unlock the advanced potential of the online trading platform for the users.
To help you understand the premium membership model for monetising the stock market app, we can take the example of Robinhood Gold. Robinhood Gold is the premium way of interacting with the stock market. It opens up the possibilities of the platform to allow users who have a minimum balance of USD 2k to access extended-hours trading, trade on margin, and many other features.
Must Have Features For Your Stock Trading App Development
Simplistic Customer Onboarding. It is problematic for many stock market app developers to keep the customer onboarding experience simple yet secure and compliant. The KYC, data privacy, AML, and other regulatory compliances make it necessary for the fintech companies to follow norms. The customer sign-in process can be made simplistic via the phone number, email, and social sign-in options such as Facebook, Google, etc. However, there will be a need for ID verification for KYC, which can be done after sign-in. The app must support Touch ID for authentication; it will keep the user-experience simple & secure while making authentication less-frustrating.
User Profile Page. It is crucial to provide the user with the ability to modify necessary information about them. The information user profile page often contains personal data.
Trading. This is the key feature for your stock trading app development process, and therefore, you should give this feature your most attention.
Payment and Transactions. This feature enables users to make payments and monitor their flow of funds.
Newsfeed. You would be surprised to know that a newsfeed is a crucial part of the stock trading app development. The stock market is very prone to both local and global economic and political environments. For example, if a famous food chain brand has been alleged of doing something wrong, their stocks are very likely to fall. The investors make buying decisions based on such information. The feature should import news from multiple reliable sources such as news agencies, and also, the user should have an option to pick the type of news they want to be notified about.
Portfolio Management. The user should be able to track their portfolios in real-time within your stock trading app. The feature should be equipped with filter options to make the search and analysis easy for the users. Also, you should include total investment, capital gains, etc. within this feature.
Quote Monitoring. It is essential to provide the users with an ability to see and control the quotes in real-time.
Flexible Search. Every app has a search option but having a flexible search feature is a stand-out feature for your stock trading app development. It makes sure that users get relevant information, even if their search term is wrong or not available.
Advanced Analytics. Data is not easily understandable when it is just listed in text format. Users will appreciate it if they get an opportunity to observe the statistics in charts and graphs. Hence, it becomes crucial to include advanced analytics in your stock trading app development process.
Sort and Filter. While accessing your app, users get a list of stock options that they can trade-in. It will help the users if your app provides them with a sorting and filtering system, by which they can quickly go through their favorite stock options.
Personalised Notifications. And last but not least, a must-have feature for every app: personalised notifications. Yes, notifications that are personalised as per the user’s behaviour and preferences. Look, people stay with their mobile devices all day, but it doesn’t mean that they’ll open every notification that you push to them. Sometimes, sending too many irrelevant notifications causes app abandonment, which I’m sure you won’t want. Hence, to improve user retention and satisfaction, you should personalise the notifications using customisable preferences or AI & ML technologies.
How To Develop A Stock Trading App?
Here, I won’t be talking about the general mobile app development process; I will take you through what needs to be done for stock trading app development. If you’re interested in knowing the general mobile app development process, you can read out my recent blog post here – Understanding The Mobile App Development LifeCycle
Know the difference between a Mobile Site and Mobile App
If you’ve already decided to create a mobile app, you don’t need to read this and can skip to the second step. However, people need to understand the difference between a mobile app and a mobile site before getting started on the stock trading app development process. Going mobile will leave you with two options:
A Mobile Site. If you already have a website and are short on budget, you can consider going for a mobile site. Building the mobile version of your site will eliminate the need to create a new Android and iOS version, since mobile sites will work on all mobile devices. However there are downsides with this option. Due to a lack of push notifications, sites do not have the same level of user engagement as mobile apps.
A full-fledged mobile app. Undoubtedly, having a mobile application is a boon. There are tons of useful features (key features are mentioned above) your app can have, which aren’t possible with mobile sites. Mobile apps help to build brand image and customer loyalty by improving service delivery.
Indeed, the mobile app is the best option in current times. So, I would recommend you to pick a mobile app strategy when embarking on your stock trading app development.
Choose the Mobile Platform
It isn’t essential to develop your stock trading mobile app for both Android and iOS. Depending on your region of operation, you can search for data about which mobile platform/OS is used by most of your target audience.
Apps like E*TRADE is compatible with both the mobile platforms because their target audience relates to both the mobile operating systems. If budget is a major concern for you, I suggest you start small and test your beta app on the platform where most of your target customers are.
Also Read: Native vs Hybrid App Development – How Hybrid Wins the Game?
Know Compliances For Your Niche
Every industry has some common as well as unique regulatory compliances for digital companies. These regulations and compliances are related to data security, consumer protection, money laundering, etc., and will vary as per political boundaries. However, I’ve created a list of fintech compliances that will help you understand what should be taken care of. Read it here: Fintech Business Compliances – An Overview
Design the Trading System
The majority of the target user base of a stock trading mobile app is highly educated and has less or no time to waste. Hence, it becomes critical to design the stock trading app in a way that justifies the purpose. The following factors should be taken into consideration during the designing phase of the stock trading app development process:
It would be best if you started thinking about the user interface and experience of your trading app at the stage of idea formation and requirement documentation.
When your designs are ready, you should perform usability testing. It is the only chance in your app development lifecycle to ensure that the app is consistent with the original plan.
It would help if you worked along with your app designer so that your app UI/UX facilitates the process of stockbroking. However, the designer will first design wireframes and then create a prototype for your app.
Also Read: How To Do User Experience Testing – 10 Methods and Tools
The Development Phase
Once you have clarified your requirements and have the app design ready, it’s time to jump straight to the Stock Trading App Development. Every stock market app development phase has three stages:
Mobile Development. To develop your stock market mobile app, you would require help from Android and iOS developers. Your iOS developers will need to be familiar with programming languages such as Java or Swift, and the Android developers will know C# or Kotlin. Of course, there are other language options as well; I’ve just included the best examples.
Backend Development. For your stock trading app development, you will also be required to hire a backend developer. A back end developer is a specialist who deals with server technologies, including software architecture, database management, and software logic. The developer uses programming languages such as PHP, Ruby, Python, Net, Java, along with MySQL, SQL, and Oracle to ensure the proper functioning of server and database. In simple terms, the backend developer is the one responsible for creating sign-in, alerts, transactions, and other sorts of features.
Frontend Development. The front-end part of the stock market application app development includes designing mobile apps and web interfaces. Web interface design will only occur if you’ve decided to build web-interfaces for your stock trading platform. The front-end developer will know programming languages such as HTML, CSS, and JavaScript. The developer will also learn how to work with different frameworks such as Bootstrap, AngularJS, and libraries like jQuery.
During the development phase, apart from the developers, you’ll need a project manager, a graphic designer, and a QA engineer as well.
Cost of Stock Trading App Development
The cost of any software development directly depends on the time required for the development. Based on our experience of developing fintech apps, the time needed for stock trading app development is as follows:
Environment Setup and App Design: 10 – 18 Weeks
iOS development: 21 – 40 Weeks
Backend development: 12 – 20 Weeks
Admin panel development: 2 – 5 Weeks
Production and final release: 1 Week
Total time required for Stock Trading App Development: 5-8 months (some of the steps above will be completed simultaneously)
Considering 40 working hrs per week, the total working hours required will be 1840 – 3360 hrs. Therefore depending on your requirements, a rough estimation for the mobile stock trading app development cost will be $60,000 – $90,000.
The stock trading software development cost will be less as these are web only platforms, and not designed for mobile use. The cost of stock trading software development is roughly $50,000 – $70,000.
The per-hour development cost for IT professionals varies as per their geographical location. For example, according to a survey by Codementor, in the UK, the average hourly rate IT developers charge is $63. However, Nimble AppGenie charges 25-40 USD per hour for fintech projects.