Custom trading platform development helps traders get modern solutions to fetch and analyze large amounts of data to get valuable insights. The platform should not cause eye strain, have a clear design, and all the essential features should be accessible. Most resources available today are complex, unattractive, and frequently useless websites that repel people. Businesses may make use of these enormous potential and competitive advantages to meet the need for improved UX from traders.

The primary aim of UX design is to help achieve business goals. Therefore, it’s required to analyze business requirements to create a mockup of your trading application. Competitor analysis will help you form a unique selling proposition .

T’s funny how most of these apps don’t support the landscape mode. From 2 million users in 2017, they grew to 6 million in 2018, and then to 10 million in 2019. In the first four months of 2020, their user base had already topped 13 million users.

Our Experience in Trading Software Development

Another prominent trait of such applications is that some are more suited for day trading while others are more optimized for long-term investing. In case you don’t have a solid understanding on how to make an automated trading software design, feel free to create several different mockups and choose the best one. A custom trading app should have a certain monetization model to become profitable. Let’s untangle the core features to understand how to create a trading platform.

Developers still don’t place a high premium on enhancing the UI and UX of the resource, which is a grave error. As a result, there are a ton of websites and apps on the market with hazy user interfaces. The first one is a live production environment — the app your users download from the App Store and Google Play, and the back end powering the whole magic.

Cryptorio – Cryptocurrency Trading Dashboard UI KIT

The number of features isn’t limited, so you can create any functionality to streamline online trading. The price of the assets which traders track might change drastically at any time. Therefore, they need a mechanism to be informed of price changes. You may enable manually configuring price alerts to notify your phone via push notifications. Although this may be done automatically, it assures the consumer they will see the correct price notifications.

• In the example below, you switch from one set of data columns to another by simply swiping the screen right or left.
• Another prominent trait of such applications is that some are more suited for day trading while others are more optimized for long-term investing.
• In case you don’t have a solid understanding on how to create a trading platform, check out the list of crucial features to develop.
• The dashboard helps fetch a lot of useful data from various sources in real-time to perform market analysis effectively.
• Project managers can estimate a project using all the gathered information about trading software and provide an approximate budget range and time frames.

For instance, you can build a trading platform that uses custom algorithms to buy and sell shares of stocks automatically. When acceptance testing is passed, developers should set up a live server and release an MVP. You can make your trading app accessible to everyone or provide limited access to a selected group of users.

Required speed of work — The speed of placing orders is crucial for trading. Therefore, it’s essential to specify the speed of an app’s work. Choosing a monetization model is vital to make your app attractive to users and overcome counterparts.

In-app ads — Advertisement is shown to custom trading platform users. It’s also about how simply a trader can utilize your product. Users frequently need help with platform navigation and broad functionality.

UI/UX design is rapidly evolving field and it can be challenging to keep up with the sheer volume of tools that have been developed for the industry. Since resizing and arranging components is a basic feature that users require from a desktop application, attention should be paid to this. Our design DNA allows us to recognise and source high calibre, on-client site talent with the added value of oversight from our leadership team.

Back-end developers, who will code and implement your new design. A business analyst would be the one on your team handling such tasks and be in charge of your app transformation. Check this article to find out other interesting suggestions for your application.