Cost of Developing a Stock Trading App like Robinhood
As revealed earlier, the cost of stock trading apps like Robinhood can vary between $40,000 and $200,000. Here is a rough estimate.
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1. Simple App
The cost of developing such an app can range from $40,000 to $75,000. It typically takes 3 to 6 months to complete the development process.
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2. Moderately Complex App
Usually, it costs between $75,000 and $135,000 to produce one of these apps, and it takes 6 to 9 months.
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3. Highly Complex App
Highly complex apps require more investment and time. Such apps can cost between $135,000 to $200,000 and take 9+ months to create.
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