BANGALORE – The Global Online Trading Platform Market is Segmented by Type (Commissions, Transaction Fees, Other Related Service Fees), by Application (Institutional Investors, Retail Investor): Opportunity Analysis and Industry Forecast, 2022–2028.
The global Online Trading Platform market size is projected to reach USD 2189.3 Million by 2028, from USD 1560.1 Million in 2021, at a CAGR of 4.9% during 2022-2028.
Major factors driving the growth of Online Trading Platform market are:
The integration of trading platforms on smartphones and technological improvements are two significant factors anticipated to open up new Online Trading Platform market potential for key players.
Furthermore, the zero-commission trend adopted by the online trading platforms to attract young investors is expected to drive the online trading platform market growth.
Demand for online trading platforms is expected to rise as end customers, like the government and non-profitable banks, demand more specialized trading platforms.
TRENDS INFLUENCING THE GROWTH OF THE ONLINE TRADING PLATFORM MARKET:
The development and sophistication of mobile technologies have also altered the nature of online trading, with an increasing number of investors now using their smartphone or tablet to track market patterns and place orders. This factor is expected to drive the growth of online trading platforms. Many of the entry-level restrictions that traditionally surrounded the financial market have been eliminated by mobile technology. A global audience of investors may now communicate and discuss their most effective techniques because of conventions like social trading, which were made possible by it.
The trend of zero commission on trading is expected to further increase the growth of the online trading platform market. As mobile application brokers emerged with the goal of democratizing the stock market by giving novice investors easy access, zero commission became the norm. Utilizing order flow agreements with external liquidity providers is the strategy behind zero-commission trading. In exchange for a commission or charge depending on volume, zero-commission brokers would have agreements to forward their customers’ trading orders to particular providers. Order flow agreements produced enough money to support the model of operation for the entire company.
Furthermore, the integration of AI in online trading platforms will continue to propel the online trading platform market. Retail investors may conduct research, investigate, comprehend, and make informed investment selections thanks to digital trading platforms using AI. An increasing number of trading platforms are using AI to help consumers execute deals at the best possible price. One of the things that consistently affects the retail engagement of new-age investors is the integration of trading platforms’ APIs.
The expansion of digital platforms launching new goods and services to make investments available to underserved regions is being further fueled by the rising participation in the financial markets. More new-age investors today are looking for online trading platforms that provide a one-stop shop for all financial services. This opens the door for super applications that provide consumers a variety of services, from trading stocks, FDs, and mutual funds to applying for loans.
ONLINE TRADING PLATFORM MARKET SHARE:
One of the market’s fastest-growing regions is Asia Pacific. Banking and financial institutions are boosting their investments to embrace solutions for customized trading platforms in nations including China, Japan, India, Oceania, South Korea, and Southeast Asia. There are numerous suppliers of services and solutions for electronic trading platforms in these nations.
Key Companies:
- Fidelity
- TD Ameritrade
- Ally Invest
- E*TRADE
- Interactive Brokers
- Charles
- Plus500
- Merrill Edge
- Huobi Group
- MarketAxess
- Tradestation
- Bitstamp
- EToro
- BitPay
- Eoption
- AAX
- Octagon Strategy Limited
- ErisX
- Blockstream
- Bitfinex
- Tradeweb
- DigiFinex
- Templum
- Unchained Capital
- Cezex
- SIMEX
- GSR
- Xena Exchange
- Tilde Trading
- Kraken.
Source: Valuates Reports
