The Stock Trading App Basics

Wishlist Share
Share Course
Page Link
Share On Social Media

About Course

Mobile trading apps have become increasingly popular among investors and traders in recent years due to their convenience and flexibility.

Dive into the world of investing with a stock trading course from TradeBrokers Academy. Real-world experts will help you understand the basics of buying and selling, along with the different types of modern trading including day trading, swing trading, and position trading. Decode Wall Street and make extra income — or invest in yourself and make a career change. The MTradeGo course consists of engaging lessons that explain, in simple and clear language, the stock exchange market and how to start investing in stock trading on the online stock market.

This course is for financial students wanting to enter the Stock exchange market and for novice traders. It will help you quickly learn the basics of trading on the exchange and master trading techniques without any need to memorize complex terms or daunting theory.

Over 11 simple lessons you will learn:

– Why investing in Stock trading is worthwhile

– How quickly you can start trading

– How to become a professional Trade broker

– Who traders are, and how you too can be one.

Show More

What Will You Learn?

  • How to Become a qualified Trade Broker

Course Content

How do stock trading apps work
A trading app acts as the middleman between individual investors and the stock market.

  • Lesson 1 Intor

Types of trading software
Just as there are different kinds of traders, there are also various types of trading software to serve them. According to Investopedia, these can be categorized into two general groups: commercial platforms and proprietary platforms. Commercial platforms are aimed at individual investors and are the ones that you’ll probably encounter the most. They focus on ease of use and convenience, so they’ll often feature charts, simple UI, educational resources, and AI assistance. Most of the trading apps in the market, such as Robinhood, TD Ameritrade, and Fidelity, are all commercial platforms.

Why invest in a stock trading app?
The benefits of a stock trading app for users can be summed up in one word: accessibility. For one, trading apps make investing much cheaper. Some platforms have lower fees than their broker counterparts. Apps like MTradeGo even offer commission-free trading, essentially allowing you to trade for free and keep all the profits. This setup allowed MTradego to reach more than 50 thousand users in 2021. Trading apps also make Vietnam's stock market itself more accessible to everyone. We mentioned that trading was solely for the very rich just a few years ago. That’s because you needed a broker to place your trades—something that most people didn’t have access to. But trading apps changed that. Now, you can view and buy the best stocks with simple taps on your mobile phone. It’s the main reason why the industry has experienced a sharp uptick in trading interest among casual users. This phenomenon reached full steam during the pandemic when people were stuck at home and looking for ways to earn more money. Even a country like Vietnam with a traditionally number of retail investors, has seen the number of individual traders shoot up dramatically.

How to monetize a stock trading app
Like a traditional brokerage, the primary way stock trading apps earn is through fees and commissions. They charge a certain percentage for every transaction a user does. However, that’s not the only way a trading app can earn. In fact, apps like MTradeGo consistently show that transaction fees are not the most effective monetization strategy. Remember their zero-commission setup? Even without charging per-trade fees, they’ve managed to hit revenues of more than đ500 billion in Q1 in 2021 alone.

What is a stock trading API?
When you develop a trading app, chances are you won’t create the trading algorithm itself. Instead, you’ll use a stock trading API. These intermediaries are the ones who perform the transaction for you, such as placing trades or getting market data. Here’s one way of looking at it: as a trading app developer, your main task is to create the interface to facilitate user interaction with this API. The main driver when choosing an API is the assets you want to offer. For example, some APIs are specific to stocks only, while others offer alternative financial instruments like ETFs or cryptos. APIs are also specific to a certain task. Thus, you may need to use more than one in your app. For example, the Polygon.io API is used solely for gathering and visualizing market data. Perhaps the biggest impact of choosing a trading API is when it comes to your app’s features and security.

Student Ratings & Reviews

No Review Yet
No Review Yet
Online Courses | Learn & Earn

Learning often happens in classrooms
but it doesn’t have to.

+84 8 2827 6688
suppport@tradebrokers.edu.vn