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Check it out how to create investment apps like Acorns

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Vlad Dm
Check it out how to create investment apps like Acorns

Categories of apps for investing

Banking apps. The banking system runs a high risk of disruption, since an overwhelming majority of modern people prefer using Internet banking as well as making deposits, so the development of the software can be a solution. Also, there are some interesting facts:
  • 71% of Millennial Disruption Index users would prefer to visit a dentist rather than to listen to a banker;
  • 73% of respondents are more interested in new financial offers from PayPal, Google, Apple, and Amazon, than from their banks; 
  •  Almost 50% of people are waiting for new innovations in the financial environment. 
According to information from Bloomberg, $2.2 trillion of personal assets will be managed by robo-services by 2020.
Thus, this data indicates that banks will have to work more to establish of confidential relationships with their customer segmentation, offer mobile banking solutions and the best investment apps.
 
Investment app reviews
Investment app - how it looks
 
Exchange-traded funds. Apart from this category, you can also pick out an app that will allow you to participate in stock trading. Mechanisms of organized trade of the secondary market serve for redistribution of securities between major primary investors (underwriters and investment consortiums), smaller investment companies and private investors. Main securities turnover is performed on the secondary market.
Because of the secondary market, private persons become securities owners directly or indirectly (with the help of investment banks and funds). Availability of a sufficient number of private investors allows the economy to function efficiently, drawing huge funds for vital tasks solution. That is what stock investing apps can do.
If you own a business related to this activity, it will make it possible to draw a large number of clients due to free participation in funds trades as well as minimal fees comparing to the service fee of a stockbroker. In other words, a large number of trades participants will increase the liquidity of the securities you sell.
Acorns investing app serves as the goal of a stock index fund that is remarkable for risks. It manages funds portfolios. It offers programming algorithms that provides clients with investment advice. Distribution of exchange-trade funds offered by the largest managing assets in the world like Vanguard, Blackrock, and PIMCO is implemented on the basis of personal information that each customer enters through the website or the app. Acorns distributes orders to the broker, Acorns Securities, LLC (Acorns Securities) buys, rebalances and sells assets. Each customer personally chooses the distribution of these assets. Acorns simplifies the investment processes by uniting brokers and the consulting services.
 
Acorn investment app review
Acorns investment app - let your funds move
 
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