![]() The very first screen of any stock trading app like Robinhood should showcase a simple user authorization process. Let’s define some noteworthy features that every stock trading app must have to meet the standards of Robinhood. Apart from gathering up-to-date market insights, users can do many more activities to make secure investments whenever they want to. The exceptional demand for stock trading app development is in the current scenario. Important features to keep in mind if you're developing something similar to Robinhood. Similar to the Robinhood app, the majority of stock trading platforms feature a bundle of addons to make trading easy. From tracking share market updates to managing stock investments, online trading facilitates investors to make the right investment decisions. The idea of Robinhood-like stock trading app development is fruitful for enterprises existing in the stock trading industry.Į-trading apps like Robinhood are exclusively popular for offering free stock trades to users. Robinhood’s asset value is recorded as $80 billion while its average account size is valued at $3,500. The average payment-for-order revenue generated by Robinhood was $682 million in 2020, which is an increase of 514 percent from past years.The average valuation of the Robinhood app was recorded as $11.7 billion in 2020 which grew to $20 billion in 2021.of Robinhood app users increased from 13.2 million to 22.5 million from 2020-21. The annual revenue of the Robinhood app spiked to reach $959 million in 2020 and a sum of $3.4 billion was added to its share when Gamestop stocks were squeezed.Let’s look into the statstics to find the answer! In this section, you will discover how Robinhood stands apart from other crypto trading apps & why businesses should consider it for stock trading app development. Maybe it’s quite hard to believe that Robinhood is the topmost e-trading app that introduced the concept of zero-commission investments. of stock trading apps available? Only a handful of them succeeded to make a great hit even during pandemic days! Have you ever wondered why there is an ample no. Introduction to Robinhood, An E-trading App that simplifies Stock Market Investments Moving ahead to the topic, this article will further outline a brief intro on Robinhoood app, its features, & its revenue model. No doubt, all the advancements in the Fintech industry are creditable for such a rapid proliferation. Moreover, with over 91.5 million active investors in 2020 , stock trading apps are emerging among the top trending mobile app categories with around 150 million users in 2021 across the global nations. The user base of such online stock trading & investment apps does not limit their application.Īccording to a survey report by Business Of Apps, the adoption rate of stock trading apps like Robinhood, Fidelity Investments, CashApp, etc. One of the most talked-about genres of digital trading platforms of the present time is the stock trading app.Īnd besides that, the record-breaking popularity of stock trading apps is reflecting the inclination of capitalists toward digitalized modes of making market investments. The consequential growth of the online stock trading market has justified the role of e-trading apps like Robinhood.
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