How to Create a Wallet App for Android and iOS?
Create a Stock Market Website Like TradingView
The growing need for digital technologies in post-Covid-19 shows that industries worldwide are already affected in the process of digital transformation.
What is a Stock Market Website, and How Does It Work?
A stock market website is an internet-based platform that helps traders and brokers to trade financial commodities through electronic means. In addition, these websites allow traders to make investments, be it bonds, currencies, debentures, shares or other financial instruments.
Stock market websites allow brokers to find, track their favourite stocks and invest in financial instruments. Also, investors can use the stock market website to access and study the funds they wish to invest in.
Why Are Stock Marketing Websites So Popular?
Statista has found that 14.1 million people in the United States use at least one stock marketing website or app. The reason for this is online stock marketing/trading platforms. In addition, investors and brokers can sell or buy stocks from anywhere in the world. The following are the commonly known benefits of stock marketing websites:
- Enables stock trading beyond geographical boundaries
- Streamline investor and client management
- 27×7 accessibility
- Real-time data availability
What features should you incorporate into your stock market website?
Updateable Index Filters
With updatable index filters, stock market websites make it easy for clients to filter their portfolios or indexes to monitor them quickly.
Secure Fund Transfer
Both brokers and investors can buy and sell stocks on the stock trading platform, so the money transfer function must be easy and quick.
Real-time streaming of Charts and Quotes
In stock trading, a delay of one second can result in the loss of millions of US dollars. Stock trading is a fast process in which the brokers, investors make quick decisions.
Financial Forecast and Analysis
Stock markets are highly prone to global, local political and economic events. A shutdown of a mediocre company could potentially disrupt business worldwide.
Notifications have become virtually obsolete in terms of mobile applications, especially when integrated with personal customization is no longer allowed.
Favourites or Watchlists
Investors track stocks for a longer period than they invest; So, if your stock market website allows them to select their preferred stocks and show these stocks separately, the investor will be able to spot any trends quickly without having to search specifically.
How Much Does It Cost to Create A Stock Market Website
Right now it is impossible to tell the exact cost of stock market website development. The exact cost can be calculated only with detailed requirements and preferences. So, let us know how to calculate the cost of a stock market website or platform development. Estimated time taken to develop various components of stock market website
- Environment setup and website design: 3 - 4 weeks
- Back-end Development: 12 - 20 weeks
- Front-end development: 10 - 15 weeks
- Admin Panel Development: 2 - 5 weeks
- Trial: 1-2 weeks
- Production and final release: 1 week
So, you should consider outsourcing your stock market website development to a software development company. But, unfortunately, not every software development company is skilled in FinTech app development. So you should look for a company that has vast experience in developing your stock market website. For that, you can approach Nimble App Genie.
Articles from Divya SrivastavaView blog
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