For example, the Securities and Exchange Commission (SEC) has established specific rules for broker-dealers, including those that operate mobile trading apps. These rules require broker-dealers to provide certain disclosures and maintain records of customer transactions. In addition, the Financial Industry Regulatory Authority (FINRA) has issued guidelines for broker-dealers that offer mobile trading apps, including requirements for risk disclosure and order execution. Furthermore, stock trading apps are subject to data privacy and security regulations, such as the General Data Protection Regulation (GDPR) in the European Union and the California Consumer Privacy Act (CCPA) in California, USA. These regulations require companies to implement appropriate security measures to protect user data and obtain user consent for the collection and use of their personal information. It is crucial for companies developing stock trading apps to comply with these regulations and guidelines to ensure that their app is safe, secure, and legal.
I'm super stoked that I came across this vid! Usually, vids about this topic are seriously lacking in info, but you broke it all down and gave examples. Much appreciated!
I appreciate the emphasis you placed on the importance of creating a user friendly interface and ensuring the security of user's personal information and investment data
What steps should be taken to ensure the security and privacy of user data on an investment platform like Robinhood, and what protocols should be implemented to minimize the risk of hacks and breaches?
Yo! To keep user data secure on an investment platform like Robinhood, there are some key steps to follow. First, make sure only authorized people can access sensitive data by using strong passwords and multi-factor authentication. Second, encrypt all data when transmitting or storing it. Third, do regular assessments to find vulnerabilities and test for penetration. Fourth, segment the network to limit access to sensitive data. Fifth, monitor user behavior to catch suspicious activity. Sixth, have a solid incident response plan in place. Lastly, train staff on security protocols. That's it! Follow these steps and you'll minimize the risk of breaches and hacks.
What regulatory considerations should be tKrn into account when building an investment platform like Robinhood, and how can they be navigated successfully?
Great video! It was very informative and straight to the point without any fluff or unnecessary information. Thank you for sharing this valuable content, I have subscribed to your channel !
Yo, creating your own Forex trading platform can be a challenge. But, there are some common mistakes that you can avoid. First, define clear goals, identify your target audience, and know what makes you unique. Second, do thorough market research to know the competition, customer needs, and features traders want. Third, make sure the user experience design is on point. It should be easy to navigate and intuitive. Fourth, prioritize security. Use encryption, two-factor authentication, and have regular security assessments. Don't let your hard work go down the drain!
👋 Hey there! Randomly stumbled upon your channel a few days back and gotta say, all your content is 🔥🔥! Been hooked to every word you say. Appreciate how you explain everything in such a clear manner. Thanks a ton! 🙌
Your videos are really cool, you should make more of them. I've had a rough couple of weeks and lost a lot of money, but your content has been a bright spot for me.
Yo, to make your investment platform stand out, you gotta offer unique features, prioritize user experience, provide educational resources, build a community, personalize the user experience, emphasize social responsibility, and leverage social media. By doing these things, you can differentiate your platform and attract and retain users. Keep it real, be innovative, and provide value to your users.
So what are you waiting for? watch this video, take notes and start creating your own trading app....The world is waiting for the next big thing, and with the knowledge you'll gain from this video, that next big thing could be.
How can the user experience be optimized when building an investment platform like Robinhood, and what design considerations should be taken into account?
Great Video! As someone interested in the world of finance and technology, I found your step by step guide on creating a trading app like Robinhood to be incredibly informative and engaging.
Hi Dennis, is the cost of the app different to a desktop version of Robinhood for expert traders ? Please let me know. Thank you. I found your video very helpful.
web app, mobile app and the desktop app it's a front-end and in 90% of cases they have a similar prices. So fr example if you have a back-end which cost you $50,000 then web front-end will cost you $50,000 and the mobile app will cost you $50,000 and the desktop app will cost you $50,000 because each of these parts requires separate languages and different frameworks.
Hi there, First off, great video! I own an IT company in the US and am currently considering working on establishing a brokerage company in an African country. Can we connect sometime and discuss areas we can work on together?
In order to protect user data on an investment platform such as Robinhood, what measures should be taken to ensure security and privacy, and what protocols should be implemented to minimize the risk of hacks and breaches?
Yo, to keep user data safe on an investment platform like Robinhood, you need to take some serious steps. Encrypt user data, use multi-factor authentication, have tight internal controls, and conduct regular security audits. You also need to have a clear data privacy policy, give users control over their data, and be ready to respond to security incidents. All of these measures work together to protect user data and minimize the risk of hacks and breaches. Keep your users' data safe and they'll trust and stick with you.
What are the potential revenue streams for an investment platform like Robinhood, and how can they be monetized effectively without compromising the user experience?
Yo! Robinhood is a successful investment platform because of some killer features. To make a similar platform, you need to offer commission-free or low trading fees, have a user-friendly interface, offer fractional shares, provide investment research, prioritize mobile optimization, and streamline the account setup process. Make it easy for investors to get started and provide the tools they need to make informed decisions.
Nice video! ! Every engaging from the beginning to the End., I`m new to crypto trade and I have been making huge losses but recently i see a lot of people earning from it.
How can a new investment platform like Robinhood differentiate itself from existing competitors, and what strategies can be employed to attract and retain users?
Yo, to make a new investment platform like Robinhood stand out, you gotta offer unique features that your competition doesn't have. Create a user-friendly interface, provide educational resources, build a community, personalize the user experience, emphasize social responsibility, and leverage social media. Keep it real and provide value to your users to attract and retain them.
This video covers everything you need to know about trading apps, from the fundamentals to how Robinhood works. Take a deep breath, relax, and prepare to learn a lot.
From the basics of trading to the intricate details of how Robinhood operates, this video is your one-stop-shop for all things trading app-related. So sit back, relax, and get ready to soak up some serious knowledge.😎👍
Hey Dennis, I wanna express my gratitude for all the valuable information you've been sharing. It's really helping me out and making a difference. Maybe someday we can meet up in real life!
Join my Telegram Entrepreneurs community:→ t.me/dennisbabych
Launch micro SaaS now! → microsaasfast.me/
Meeting with Dennis → dennisbabych.com/
Are there any specific regulations or guidelines that you had to follow while developing a stock trading app?
For example, the Securities and Exchange Commission (SEC) has established specific rules for broker-dealers, including those that operate mobile trading apps. These rules require broker-dealers to provide certain disclosures and maintain records of customer transactions. In addition, the Financial Industry Regulatory Authority (FINRA) has issued guidelines for broker-dealers that offer mobile trading apps, including requirements for risk disclosure and order execution.
Furthermore, stock trading apps are subject to data privacy and security regulations, such as the General Data Protection Regulation (GDPR) in the European Union and the California Consumer Privacy Act (CCPA) in California, USA. These regulations require companies to implement appropriate security measures to protect user data and obtain user consent for the collection and use of their personal information.
It is crucial for companies developing stock trading apps to comply with these regulations and guidelines to ensure that their app is safe, secure, and legal.
I'm super stoked that I came across this vid! Usually, vids about this topic are seriously lacking in info, but you broke it all down and gave examples. Much appreciated!
Glad it was helpful!
@@dennisbabych thanks for the content. which broker/exchange do yo recommand for placing the orders/trades?
@@Yamatsuki221 do you mean for the software integration purposes?
@@dennisbabych yes, if i run my own trading platform, how do i actually place the trades made by my customers?
👍These vids are super helpful! I totally shared 'em on my channel🤘
Awesome thank you!
Hey, does anyone have any information on how to transfer stocks from Robinhood to fidelity without having to start over?
🎉 the instructions were super clear and to the point, and the visuals made it a breeze to follow along 👍 y'all did an awesome job
I really love animation and video presentation. Thank you
perhaps i am old fashioned but I believe its not Robinhood's duty to ensure that I invest my money prudently or safely.
Indeed! 💯💸 If you leave your money in your bank account, you might be tempted to do something risky with it, like buying lottery tickets
Maybe, it's time to think about your own business?
Not sure that this is best idea ;)
I appreciate the emphasis you placed on the importance of creating a user friendly interface and ensuring the security of user's personal information and investment data
Thanks
Hey, can you make a vid about the expenses involved in developing an app like COD Mobile?
Unfortunately, I'm not a big fun of mobile games :(
What steps should be taken to ensure the security and privacy of user data on an investment platform like Robinhood, and what protocols should be implemented to minimize the risk of hacks and breaches?
Yo! To keep user data secure on an investment platform like Robinhood, there are some key steps to follow. First, make sure only authorized people can access sensitive data by using strong passwords and multi-factor authentication. Second, encrypt all data when transmitting or storing it. Third, do regular assessments to find vulnerabilities and test for penetration. Fourth, segment the network to limit access to sensitive data. Fifth, monitor user behavior to catch suspicious activity. Sixth, have a solid incident response plan in place. Lastly, train staff on security protocols. That's it! Follow these steps and you'll minimize the risk of breaches and hacks.
What regulatory considerations should be tKrn into account when building an investment platform like Robinhood, and how can they be navigated successfully?
It depends on your jurisdiction. Connection to API its more about signing the contract.
Great video! It was very informative and straight to the point without any fluff or unnecessary information. Thank you for sharing this valuable content, I have subscribed to your channel !
🤘
Awesome information! Keep producing valuable content.
Will do! I really love that
What are some common mistakes that people make when trying to create their own Forex trading platform, and how can they be avoided?
Yo, creating your own Forex trading platform can be a challenge. But, there are some common mistakes that you can avoid. First, define clear goals, identify your target audience, and know what makes you unique. Second, do thorough market research to know the competition, customer needs, and features traders want. Third, make sure the user experience design is on point. It should be easy to navigate and intuitive. Fourth, prioritize security. Use encryption, two-factor authentication, and have regular security assessments. Don't let your hard work go down the drain!
This is a great time to start investing despite the ongoing economic crisis
Investing in stocks can be a smart move, but investing in cryptocurrency may potentially yield even higher profits.
I agree, also I think crisis creates really strong businesses
I also love crypto :)
Great job on delivering valuable information in a concise manner!
Glad it was helpful!
👋 Hey there! Randomly stumbled upon your channel a few days back and gotta say, all your content is 🔥🔥! Been hooked to every word you say. Appreciate how you explain everything in such a clear manner. Thanks a ton! 🙌
Awesome! Thank you!
Y'all ain't seen nothin' yet! 🙏🙏💸💸 This content is fire 🔥 and will give you the keys to financial freedom day in and day out!
Business can make you free or not 😂🙈
👍 Great job! Thanks for putting in the effort!
With love
How can the use of technology such as AI and machine learning enhance the functionality and effectiveness of an investment platform like Robinhood?
ChatGPT? I'm kidding. But honestly looking at traders out there looks like their "successful" made by kids ;)
Thank you for all the videos you've made. I'm enjoying all of them.
Glad to hear it!
Yay, thanks a bunch! You totally nailed the explanation!
I'm so glad!
Your videos are really cool, you should make more of them. I've had a rough couple of weeks and lost a lot of money, but your content has been a bright spot for me.
Glad you like them!
I honestly don't know what to say, but you're a true lifesaver. I'm so grateful to have come across you 👍
You are so welcome
What advice would you give to someone looking to develop their own stock trading app?
Yo, to make your investment platform stand out, you gotta offer unique features, prioritize user experience, provide educational resources, build a community, personalize the user experience, emphasize social responsibility, and leverage social media. By doing these things, you can differentiate your platform and attract and retain users. Keep it real, be innovative, and provide value to your users.
Your advice has been incredibly helpful and I want to thank you for it. You deserve all the praise in the world.
Thank you Sir!
So what are you waiting for? watch this video, take notes and start creating your own trading app....The world is waiting for the next big thing, and with the knowledge you'll gain from this video, that next big thing could be.
It should be the part of my speech, right? 😆 😅
How can the user experience be optimized when building an investment platform like Robinhood, and what design considerations should be taken into account?
Regarding the design, just try to focus on your core feature, one feature
🔍👀 After an hour of research, your video was the missing piece of the puzzle! 🙏 Thank
you so much!
Thanks!
Wow, this video is so informative and helpful!
🤝
Ever since I was recommended to you, I have never regretted getting to know you. Thank
you for everything you do! 👆
Thanks!
What are the main challenges faced when building an investment platform like Robinhood, and how can they be overcome?
Regulation, security, understanding the theme, developers without experience.
I've been eagerly anticipating this for a hot minute. You rock, dude! 🤘🏼🤘🏼
More to come!
Heya Dennis! Your video had some valuable nuggets of information, appreciate it!
🤟
Wowza, thanks a ton Dennis for whipping up this incredible and enlightening vid 👍🏻💤
My pleasure!
I appreciate the information you provided.
Thanks
Could you please create a tutorial demonstrating how to create a clone of Tradingview?
Honestly, It's not something unique it's about graphics and visualisation plus taking the data from API
👌 Thanks for breaking down those complex ideas in such a easy-to-understand manner. That's really awesome! 🤩
🤟
This video shows us how to make an app like Robinhood, for goodness sake! 👍🏻🤠😀
Yes it does!
I can't wait to make some more money moves with this new investing video! Let's get this bread 💰📈
Just make the research correctly
Dennis, I'm loving your content. 😍 Glad I subscribed to this one
Thanks Anshu!
You're the best I've ever seen! I really appreciate all that you've done 👍👍
Thanks
How about a tutorial on optiona trading that won't make me want to throw my computer out the window?
Hahaha, I think this is a cool topic
So far, you seem genuine. Please don't start feeding us with nonsense!💩
👀
Wow, this video on making a trading app like Robin hood is LIT🔥
😂
Great Video! As someone interested in the world of finance and technology, I found your step by step guide on creating a trading app like Robinhood to be incredibly informative and engaging.
Glad it was helpful!
I've been missing the Robinhood challenge videos,bro🙁📈
Which one?
Great video! If you want to make bank in the trading app game, pay attention.
Can't wait to implement these ideas and see the profits roll in!
Hi Dennis, is the cost of the app different to a desktop version of Robinhood for expert traders ? Please let me know. Thank you. I found your video very helpful.
web app, mobile app and the desktop app it's a front-end and in 90% of cases they have a similar prices. So fr example if you have a back-end which cost you $50,000 then web front-end will cost you $50,000 and the mobile app will cost you $50,000 and the desktop app will cost you $50,000 because each of these parts requires separate languages and different frameworks.
👍 Keep up the great work with your videos!
Thanks Argus
Hi there,
First off, great video!
I own an IT company in the US and am currently considering working on establishing a brokerage company in an African country. Can we connect sometime and discuss areas we can work on together?
feel free to shot me an email :)
You're awesome!
You rock!
This is such a well-presented video. Really appreciate your efforts. Thank you for the clarificaion.
Thank you, Sir!
Unceasingly creating worthwhile content
In order to protect user data on an investment platform such as Robinhood, what measures should be taken to ensure security and privacy, and what protocols should be implemented to minimize the risk of hacks and breaches?
Yo, to keep user data safe on an investment platform like Robinhood, you need to take some serious steps. Encrypt user data, use multi-factor authentication, have tight internal controls, and conduct regular security audits. You also need to have a clear data privacy policy, give users control over their data, and be ready to respond to security incidents. All of these measures work together to protect user data and minimize the risk of hacks and breaches. Keep your users' data safe and they'll trust and stick with you.
What are the potential revenue streams for an investment platform like Robinhood, and how can they be monetized effectively without compromising the user experience?
Marketplace for traders where they can sell their scripts
Endlessly producing useful information
What are the key features that make Robinhood a successful investment platform, and how can they be replicated in building a similar platform?
Yo! Robinhood is a successful investment platform because of some killer features. To make a similar platform, you need to offer commission-free or low trading fees, have a user-friendly interface, offer fractional shares, provide investment research, prioritize mobile optimization, and streamline the account setup process. Make it easy for investors to get started and provide the tools they need to make informed decisions.
🤔 Hey, could you possibly make a video about options? I need some real-life screen recorded examples to help me out. Maybe with some 🍿 and 🎬?
Options platform? It could be your cool idea. Just use the guide and you can make it.
Nice video! ! Every engaging from the beginning to the End., I`m new to crypto trade and I have been making huge losses but recently i see a lot of people earning from it.
Crypto platforms is a huge opportunity right now
How can a new investment platform like Robinhood differentiate itself from existing
competitors, and what strategies can be employed to attract and retain users?
Yo, to make a new investment platform like Robinhood stand out, you gotta offer unique features that your competition doesn't have. Create a user-friendly interface, provide educational resources, build a community, personalize the user experience, emphasize social responsibility, and leverage social media. Keep it real and provide value to your users to attract and retain them.
Believe it, dream it, become it. Or as I like to say, "Procrastinate it, doubt it, never achieve it."
😂
👍
Well, well, well... If you're looking to make a trading app like Robinhood, then you're in for a treat.
Why do you think so?
This video covers everything you need to know about trading apps, from the fundamentals to how Robinhood works. Take a deep breath, relax, and prepare to learn a lot.
Thanks
Great video as always! Very informative, please continue making videos like this. More power!
😎
Awesome tutorial, super helpful! Could you please consider doing a tutorial on how to build an escrow website?
The next video would be how to make an app like Upwork and their escrow system :)
Perhaps it's not exactly the same, but promoting investment as a form of gambling can be questionable.
Good question, maybe I will make a video one day about these types of platforms
This video breaks down the steps to make a successful trading app like Robinhood.
:)
🎉 I really enjoy watching your vds! It would be great to see some new ones soon!👍💰🔥
Yep, will do ;)
As aspiring entrepreneur, I appreciate the valuable insights and tips shared in this video.👍
Which one do you think was the most interesting for you?
How long does it typically take to develop a stock trading app from start to finish?
It depends on. Mostly 6-12 months
👍 Thank you for sharing this video. It was really enjoyable!
😉
Wow, that's totally rad, boss! I just had a client who was in dire need of this.
Glad to help!
Thank you for sharing this informative video. It was very enjoyable!
Thanks ;)
I really enjoy watching your videos! It would be great to see some new ones soon!
More to come!
I have been eagerly waiting for this for a long time. You are amazing!
Thank you!
How do you keep the app up to date with the latest market trends and changes?
Updates according to user needs
Extremely helpful!!!! Thanks so much!
Glad to help!
Great information ... Thank you for sharing this video
glad to help!
Great video! However, it would be even better if we could add more to it.
Next week would be more
Please keep gracing us with your presence and producing these delightful videos!
Will do!
Yo dude, do I gotta drop some cash on my trading sites? Hmm
Not sure ;)
Thanks, Den!
I need a website built like finviz can you help? I want to learn this
👍 Awesome! Another video on stock trading!
Hope you enjoyed it!
Hey there, you're amazing and fantastic!
🥹
what software do you use to create these infographics for presentations to clients for their project ?
Figma custom design
@dennisbabych thanks. Btw I emailed you, do reply when you've time.
Are there any upcoming videos in the pipeline?
Fintnes app, Zillow clone, UpWork clone and so on
Awesome stuff, Your content is top-notch!
Love it
Thanks for taking the efforts to make this video
Thanks
Tirelessly generating informative material
thanks!
Keep Uploading yo, you got real potential.
Thanks
From the basics of trading to the intricate details of how Robinhood operates, this video is your one-stop-shop for all things trading app-related. So sit back, relax, and get ready to soak up some serious knowledge.😎👍
Awesome tutorial really enjoyed it.
😊
Can you provide a detailed explanation of the steps involved in creating a Forex trading platform from scratch?
😀👌
😀
That's pretty intriguing.
Thanks
Hey Dennis, I wanna express my gratitude for all the valuable information you've been sharing. It's really helping me out and making a difference. Maybe someday we can meet up in real life!
Great to hear! And sure, why not!
I really enjoy watching your videos! It would be great to see some new ones soon!