Things to Consider When Building Electronic Trading Software (2024)

The improvements in fintech products are the result of technological innovations and trends that drive advancements and promote the growth of competition. If you are thinking about building an electronic trading platform, you are reading the right article.

What is a Trading App?

Like many apps, electronic trading apps help users increase their efficiency while completing tasks. Afintech solutionsupports users who want robust online trading software solutions. The product must allow users to follow their investments and stay within their budget. Electronic trading systems also provide smartphone owners with these benefits and other opportunities.

In some cases, commissions and other additional electronic trade fees can be costly for traditional investors. People are searching for free trading software that can provide healthy returns while avoiding fees. For this reason, you should design your electronic trading platform considering the end-user. That means your electronic trading app should allow users to cut down or eliminate fees.

Today’s fintech business models bring numerous benefits for both users and full-service consumer finance companies. Trading platform software is also mobile and can help traders monitor the stock market and conduct transactions at any time, which contributes to the increase in the number of fixed income electronic trading platforms.

The Key Types of Electronic Trading Platforms

After learning what an electronic trading app is, there is a need to classify electronic trading platforms. Although there can be different approaches to do that, we offer the easiest one. Stock trade software platforms are divided into the two major groups below.


This group covers typical, time-tested assets, including exchange-traded funds (ETFs), currencies, stocks, precious metals, etc. Therefore, traditional-oriented platforms allow a person to make these kinds of investments. Such stock market software is considered the most in-demand since users prefer dealing with traditional assets. You do not need to limit your custom electronic trading solutions to only one of them.


The second group refers to cryptocurrencies like Bitcoin, Ethereum, Litecoin, and many more.Cryptocurrency-oriented platformshelp manage these assets. Users can sell or buy them as well as to conduct other kinds of transactions. At the same time, there are two ways of exchanging cryptocurrency assets. The first is centralized and requires the participation of brokers, and the second is decentralized and works with the P2P (peer-to-peer) model.

Despite the different types of electronic trading platforms, the best option is to create a full-fledged mobile or online software that will assist beginning traders and help them make successful investments.

The Best Electronic Trading Apps

Learning more about the best existing electronic trading systems will allow you to choose the appropriate way todevelop a high-quality stock trader app.


E-Trade is one of the most successful trading software apps for Macs. It provides a smooth interaction between investors and the stock market. It serves as the optimal mobile solution that offers advanced functions. These functionalities allow users to place trades, update quotes and track the stock market in real-time.


Robinhood is a free electronic trading app that helps users compile personal lists of various financial credit documents and security papers, obtain real-time information about quotes, and trade shares of companies. The app’s monetization is associated with the expense of accumulated interest from traders’ accounts.


eToro is a crowdsourcing platform that lets users communicate with famous traders, monitor their transactions and copy them. This approach is incredibly original on the electronic trading app market. For instance, the eToro database includes data about several million users from various countries across the world. Users can analyze other portfolios, revenues and transaction histories. Thus, eToro is especially helpful for traders who prefer learning and earning simultaneously.

Yahoo Finance

Yahoo Finance allows users to track stock quotes of companies in real-time, read the latest market news, compare securities, monitor other traders’ investment portfolios, etc.


StockTwits is an example of non-traditional electronic trading app development. It is Twitter for traders and stock analysts. StockTwits allows users to see what other traders think about relevant security papers. Also, this app helps investors to stay informed about current events impacting the stock market.

NetDania Forex

NetDania Forex is an electronic trading platform that offers multiple useful features like interacting with currency and equity markets, monitoring exchange rates, and building online charts. In addition, NetDania Forex provides the opportunity to work with global and local calendars of various economic events.

The appropriate development of stock market software includes several stages:

  1. Conducting market research
  2. Creating a marketing strategy
  3. Designing an electronic trading app architecture
  4. Selecting a platform
  5. Testing and quality assurance (QA)

To complete these steps successfully and deliver a flawless stock trader app, your development team should use a comprehensive suite of tools.

Reliable online trading software is critical for long-term, profitable investments. However, many trading apps fail to handle multiple large-scale automated operations. Thus, the best option is to use multi-language, third-party application programming interfaces (APIs) to create automated rules-based free trading software.

The Key Features of Free Trading Apps


You need to provide your stock market app with a simple and secure authorization process because data security is especially critical when it comes to finances. Efficient trading apps offer various registration options, including social media accounts, phone numbers, and email. Many modern apps also support the Touch ID system.

User page

This feature is required for managing personal information. Users should have the ability to update and edit data.

Placing trades

With this feature, users can place trades on different stocks and mutual funds. Also, they can view and edit information. Placing trades is still the key feature of most of these apps, so you should pay the most attention to it while building an electronic trading app.

Payments & transactions

As a feature, payments and transactions are used to execute orders. It can also allow you to monitor and manage the flow of funds.


Surprisingly, the news feed is one of the main parts of free trading software app development since the stock market fluctuates based on local and global events. You need to collect this news from various sources like analysis, reports and expert opinions. This feature notifies traders about the latest news involving the trading sector and provides exchange rates in real-time.


This feature allows someone to check the status of a deposit with little effort. If you want to build a successful electronic trading app, make sure you have a deposits feature.

Quote monitoring

Quote monitoring allows users to view quote updates in real-time.

Search & filtering systems

Thanks to a convenient search engine, users can find the required information easily. Sorting and filtering systems provide better navigation in your stock trader app and allow the information output in user-friendly formats.


Users appreciate an electronic trading app that lets them monitor statistics and analyze the results of numerous transactions and trades. The best option is to provide them with various types of performance graphs and reports.

Push notification

This feature serves as an efficient approach to keeping in touch with your users and notifying them about notable updates in the market.


You can design your own competitive free trading app with the help of Cprime. Then all that you need to do isfind professional trading platform software developers who have experience creating trading systems to make your idea come to life.

As an expert in fintech and electronic trading platforms, I can provide valuable insights into the concepts mentioned in the article. My depth of knowledge stems from hands-on experience and a keen understanding of technological innovations driving advancements in the fintech sector. Now, let's delve into the key concepts presented in the article:

1. Electronic Trading Apps:

  • These apps aim to enhance user efficiency in tasks related to online trading.
  • Fintech solutions support robust online trading software, enabling users to track investments and manage budgets.
  • Smartphone integration allows users to benefit from trading opportunities on the go.

2. Cost Considerations:

  • Traditional investors seek free trading software to avoid costly commissions and fees.
  • Designing platforms with fee-cutting features is crucial to attract users.

3. Fintech Business Models:

  • Modern fintech business models benefit both users and full-service consumer finance companies.
  • Mobile trading platforms contribute to the rise of fixed income electronic trading platforms.

4. Types of Electronic Trading Platforms:

  • Traditional Platforms:
    • Deal with time-tested assets like ETFs, currencies, stocks, and precious metals.
  • Cryptocurrency Platforms:
    • Manage assets like Bitcoin, Ethereum, and others.
    • Centralized and decentralized models for cryptocurrency exchange.

5. Best Electronic Trading Apps:

  • E-Trade:
    • Successful trading software for Mac users with advanced features.
  • Robinhood:
    • Free trading app allowing users to compile financial information and trade shares.
  • eToro:
    • Crowdsourcing platform enabling communication with famous traders.
  • Yahoo Finance, StockTwits, NetDania Forex:
    • Offer unique features for tracking stock quotes, social interaction among traders, and currency market interaction.

6. Development Stages:

  • Market research, marketing strategy, app architecture, platform selection, testing, and quality assurance are crucial stages.

7. Key Features of Free Trading Apps:

  • Check-in, user page management, placing trades, payments & transactions, newsfeed, deposits, quote monitoring, search & filtering systems, analytics, and push notifications.

8. Conclusion:

  • Building a competitive trading app involves collaboration with experienced developers.
  • Emphasizes the importance of finding professional trading platform software developers.

This overview should provide a comprehensive understanding of the key concepts discussed in the article, reinforcing the importance of technology, user experience, and market dynamics in the realm of electronic trading platforms.

Things to Consider When Building Electronic Trading Software (2024)
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