Customizable Stock Market Trading App
If you’re looking to create a stock market trading app like eToro, we have just the solution. Perimattic is a customizable trading platform that supports buying and selling on stock markets, commodity markets, and other financial exchanges. Our matching engine combines FIFO (First In, First Out) and Pro Rata algorithms to ensure efficient order execution.
Product Design
About the Fully Customizable Stock Trading App
In today’s fast-paced, always-connected world, online trading provides a convenient way to access trading platforms. It also makes it easy to complete transactions. Building such a platform from scratch would take months and need a significant investment.
This stock market app, with its full backend solution, can cut your development time and costs by nearly half.
Main Modules
Matching Engine
The matching engine prioritizes and executes orders based on factors like time, quantity, and price. It's the heart of the system, ensuring that trades are processed efficiently and accurately.
Scalable Back-end
We’ve used advanced technology to create a scalable and dependable back-end for this complex app. Key components, such as the Matching Engine, can scale independently, allowing for precise and flexible upgrades.
Codebase
The app is built with a mono-repo architecture for the codebase and uses Nest.js, a Node.js framework. We incorporated PostgreSQL, Redis, Cassandra, and TimescaleDB as part of the tech stack.
Features
The stock market app allows users to trade stocks in real-time. Orders are processed by our matching engine microservice. The app includes the following features:
Stock Trading
The app allows users to trade popular stocks. It ensures security through reliable payment and interaction channels.
Live Stock Price Reflection
Users of the app can view live stock prices and receive the latest updates on the market value of their investments.
Live Order Matching
The app supports real-time order matching, ensuring efficient and smooth trade execution.
Stock Line and Candlestick Graph
Users receive clear visuals of stock performance, helping them make informed decisions with real-time data.
Stock Fundamentals and Information
The app offers detailed stock and investment information to help users make better decisions and strategies.
Wishlisting Favorite Stocks
Users can pick and save their favorite stocks for future reference, a feature not commonly found in most apps.
Technologies Used
We combined various technologies to build a fast app with an excellent user interface and experience.
React Native
Enabled us to develop Android and iOS applications with a single codebase while maintaining performance standards.
NativeBase
NativeBase is responsive, customizable, and consistent with the design. It also makes application development easier with its library of predesigned components.
Redux
Redux simplified our state management through its centralized architecture. It made it easy to carry out application-wide state changes.
TypeScript
Enabled us to reduce errors. Its static type-checking support simplified the code debugging process and allowed us to catch errors before execution.
Nest.js
The backend comprises the primary/main server and the microservice (Matching Engine).
Node.js
Node.js played a crucial role in the development of the project due to Nest.js being a progressive framework built on top of it.
Microservices
As a microservice, we developed a Matching Engine that communicates with the main server via Redis.
Redis
Redis was the message broker facilitating communication between the primary server and microservices.
PostgreSQL
We used this as our primary DB to store most data, such as the users, stock details, etc.
TimescaleDB
We chose TimescaleDB as it facilitates rapid read and write speeds while efficiently storing current data.
Cassandra
Cassandra’s high-performance and scalable database met our requirements for a DB to store the data of our matching engine.
Sockets
Sockets was used for sending a continuous stream of data for the particular stocks to the client (users).
AWS
AWS’s RDS was used for Postgres and EC2 to host the server.
Docker
We used Docker to containerize the main server and the matching engine.
Can Be Used to Build Apps Similar To...
Zerodha
Robinhood
Groww
Fidelity
Stockpile
Build Your Own Stock Trading App with Perimattic
You don’t need to start from scratch with your Stock Trading App. By using Perimattic as a foundation, we can save you both time and money in creating your app.
100% themeable
2x faster development
50% cost reduction
Plug-and-play features
Want to Customize Stock Trading App to Match Your Business Needs?
We’re here to assist you with that!
FAQs
What is the cost to develop a custom stock market app?
The cost to develop a fully customizable stock market app can vary widely depending on the app’s complexity, the features you need, and the expertise of the development team. Generally, you can expect to spend between $10,000 and $30,000. For a more accurate estimate, it’s essential to work with a skilled team that can assess your specific needs and provide a tailored quote.
Can the Stock Market App Clone be adjusted to meet specific needs?
Yes, the Stock Market App Clone can be tailored to fit your specific needs, especially for trading-related requirements.
We can modify the clone to include custom features and functionalities that suit your business or industry. This might involve adding new trading tools, integrating with specific APIs, customizing the user interface, and more. The level of customization depends on your specific needs and the expertise of our development team.
Is Perimattic accessible on both web and mobile platforms?
The application is exclusively mobile-based and does not have a web version.
It is designed to work seamlessly on both iOS and Android devices and can be easily downloaded from the App Store or Google Play Store. This setup lets users manage their investments conveniently, whether they’re at home or on the move.
How long will it take to develop a custom stock trading app tailored to my needs?
The development time for a custom stock trading app typically ranges from 2 to 5 months, depending on the complexity of your requirements. For more extensive features similar to those of Zerodha, the timeline might be longer.
We’ll outline the complexities and choose the most effective technology and methods to suit your needs. Once we have a clear plan, we’ll begin the development process to ensure timely and efficient delivery.
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