It is forecast that the global online trading market will increase at a global compound annual growth rate of 6.4 percent per year, increasing to an estimated 13.3 billion U.S. dollars in 2026. This is from a base of around 10.21 billion U.S. dollars in 2022. Following the coronavirus pandemic beginning in 2020, online trading activity increased among millennial investors. Many online brokers, including Robinhood, experienced notable growth in the number of platform users from the second quarter of 2020 through to 2021. A low-cost business model, paired with technological integration and social media promotion were contributing factors to the popularity of online trading.
What is an online trading platform?
The online trading market is typically accessed through an online market broker, providing a platform for users to track market prices and execute buy and sell orders on financial securities. The user typically holds their portfolio through an online broker. The number of monthly downloads for leading online trading apps spiked in early 2021. While this was influenced by media attention to popular news stories such as the increase in the price of GameStop shares, online trading is expected to continue as an alternative to traditional investment methods.
Factors driving online trading
The integration of technology has improved investing activities. From a global survey, most respondents stated technology made investing easier, cheaper, and more efficient. The use of technology allowed information such as real-time data, industry and firm reports, and trading notifications to be more accessible directly to the investor. Online platforms had experienced an increase in the number of trades placed per day, in 2019, interactive brokers had an average of 1,380 trades placed per day. This number steadily increased to 3,905 trades per day in 2021. Technological integration allowed trading via online platforms to be an alternative to traditional methods of relying on an in-person full-service broker.
Online Trading Platform Market Size 2024-2028
The online trading platform market size is forecast to increase by USD 2.31 billion at a CAGR of 6.8% between 2023 and 2028.
The market in APAC is witnessing significant growth due to increasing demand for convenient and flexible trading solutions. Key growth opportunities include the expanding middle class population and rising disposable income levels In the region. Furthermore, the adoption of advanced technologies such as machine learning and artificial intelligence (AI) is driving market growth. However, there are limitations associated with online trading platforms, including security concerns and the need for reliable internet connectivity. These factors are creating challenges for market growth and are expected to influence market dynamics In the coming years. Market trends and analysis reports provide insights into these growth factors and the impact they have on the market in APAC.
What will be the Size of the Online Trading Platform Market During the Forecast Period?
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The market encompasses software solutions enabling users to buy, sell, and hold stocks, bonds, international currencies, and other financial instruments via live market prices. These platforms, which include electronic trading platforms and cloud-based solutions, cater to various entities, from individual investors to institutional investors and nonprofit banks. Leveraging advanced financial tools, these platforms facilitate efficient trading through features such as big data analysis, machine learning, and predictive analytics.
Commissions are typically lower than traditional brokerages, making them an attractive option for investors. Market surveillance systems ensure market stability and integrity by detecting market abuse and high-frequency trading activities. The market's growth is driven by the increasing adoption of smartphones and the shift towards digital banking services. Financial institutions increasingly rely on these platforms for strategy testing and foreign trade transactions.
How is this Online Trading Platform Industry segmented and which is the largest segment?
The online trading platform industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Commissions
Transaction fees
Geography
North America
Canada
US
Europe
Germany
UK
France
APAC
Middle East and Africa
South America
By Type Insights
The commissions segment is estimated to witness significant growth during the forecast period.
The market encompasses commissions and transaction fees as its primary segments. In 2023, commissions held the largest market share, with this trend expected to persist through the forecast period. Commissions represent fees levied by brokers or investment advisors for providing services such as investment advice and executing securities transactions on behalf of clients. Clients benefit from commissions as they only pay for completed trades. However, commissions serve as incentives for brokers to facilitate numerous transactions, leading to their regulation by the Securities and Exchange Commission (SEC). This market caters to various participants, including banks, traders, individual brokers, and financial institutions, offering customized trading platforms for stocks, bonds, international currencies, and digital assets.
Online trading platforms are accessible via desktop, web-based, and mobile app-based solutions, catering to retail investors, brokers, private banking institutions, and institutional investors. Advanced financial tools integrate artificial intelligence, robo advisors, machine learning, predictive analytics, and high-frequency trading to enhance market stability and integrity. The market is further characterized by the emergence of decentralized finance protocols, blockchain technology, and non-profit banks. Transaction fees are an alternative revenue model, while market abuse surveillance, strategy testing, and support services are integral components of the online trading platform ecosystem.
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The commissions segment was valued at USD 3.38 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 28% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America is expected to lead the global market due to increasing urbanizatio
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The United States Online Trading Platform Market is Segmented by Offerings (Platforms, Services), by Deployment Mode (On-Premises, Cloud), by Type(Beginner, Advanced), by End-User (Institutional Investors, Retail Investors). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
As surveyed in 2021 to assess the use of digital platforms for investments in Singapore, 31.7 percent of investors indicated that they preferred to use traditional online brokerage platforms. This was followed by online-only trading platforms used by 26.8 percent of investors, and cryptocurrency exchanges by 19.3 percent.
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The global online investment platform market was valued at USD XXX million in 2025 and is projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period (2025-2033). The increasing adoption of digital technologies, the rising demand for self-directed investing, and the growing popularity of mobile-based trading are the primary factors driving the market growth. Additionally, the increasing financial literacy and awareness among retail investors contribute to the demand for online investment platforms. The market is segmented based on type into web-based and mobile-based platforms. Mobile-based platforms are expected to hold a larger market share due to the convenience and accessibility they offer. By application, the market is segmented into banks, investment management firms, trading & exchange firms, brokerage firms, and others. Banks hold the largest market share due to their established customer base and wide range of financial products and services. Regionally, North America dominates the market due to the high adoption of technology, sophisticated financial infrastructure, and presence of key market players. Asia Pacific is expected to witness significant growth during the forecast period due to the rising number of retail investors and increasing internet penetration.
In a survey conducted in 2020 about investments in Australia, about 30 percent of respondents who participated said they did not know enough about digital platforms for investments to use them. The study also reported that about 20 percent of respondents currently use a digital investing platforms and intend to continue using them.
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The global e-brokerage market, valued at $12.51 billion in 2025, is projected to experience robust growth, driven by the increasing adoption of online trading platforms and the rise of mobile investing. A Compound Annual Growth Rate (CAGR) of 6.55% from 2025 to 2033 indicates a significant expansion of this market. Several factors contribute to this growth: the convenience and accessibility of online trading, lower commission fees compared to traditional brokerage firms, and the growing popularity of investment among individual investors, particularly millennials and Gen Z who are digitally native. The market segmentation reveals a strong demand across both full-time and discounted brokerage services, catering to both individual and institutional investors. Technological advancements, such as AI-powered trading tools and enhanced mobile applications, further fuel market expansion. Geographic variations exist, with North America and Europe currently holding significant market share, though the Asia-Pacific region, particularly India and China, shows immense potential for future growth due to rising internet penetration and a burgeoning middle class actively engaging in financial markets. Competitive pressures among established players like Charles Schwab, Interactive Brokers, and Zerodha, alongside the emergence of fintech startups, necessitate innovative strategies focusing on technological advancements, customer experience enhancements, and diverse product offerings. Regulatory landscapes and cybersecurity concerns pose significant challenges. Stricter regulations regarding data privacy and investor protection require significant investment in compliance. The increasing sophistication of cyber threats necessitates robust security measures to protect sensitive financial data and maintain investor trust. Future growth will depend on adapting to evolving regulatory frameworks, fostering a secure trading environment, and continuously innovating to provide user-friendly and value-added services that cater to the needs of both seasoned and novice investors. Expanding into underserved markets and leveraging emerging technologies like blockchain and cryptocurrency trading could present additional avenues for growth.
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The online brokerage and trading platform market is experiencing robust growth, driven by the increasing adoption of digital technologies and a surge in retail investor participation. The market, estimated at $150 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033, reaching approximately $450 billion by 2033. This expansion is fueled by several key factors. Firstly, the rise of mobile trading apps and user-friendly interfaces is democratizing access to financial markets, attracting a broader range of investors. Secondly, the increasing availability of fractional shares and commission-free trading options further lowers the barrier to entry for new investors. Thirdly, the growing adoption of innovative trading technologies, such as algorithmic trading and robo-advisors, is enhancing efficiency and returns for both retail and institutional investors. Finally, the expansion into emerging markets and increased regulatory clarity are also contributing to this growth trajectory. Competition among established players like Fidelity, Charles Schwab, and Interactive Brokers, as well as the emergence of newer, technology-focused platforms, is driving innovation and creating a dynamic market environment. However, the market faces certain challenges. Regulatory scrutiny, especially concerning data security and investor protection, presents a significant restraint. Furthermore, the risk of market volatility and potential economic downturns can impact investor sentiment and trading activity. The competitive landscape is intensifying, requiring continuous innovation and adaptation to retain market share. The market segmentation reveals a strong demand across both cloud-based and on-premises solutions, catering to both institutional and retail investor needs. Geographic expansion continues to be a key strategy, with North America currently dominating the market, followed by Europe and Asia Pacific. Future growth will likely be driven by increased adoption in emerging markets, the integration of advanced technologies like AI and blockchain, and a continued shift towards mobile-first trading experiences.
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The Online Trading Software Industry is Segmented by Component (Platform, Services), Type (Commissions, Transaction Fees), Deployment Mode (On-Premise, Cloud), Application (Institutional Investors, Retail Investors), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
According to the results of a survey conducted in 2021, around 50.5 percent of respondents in Thailand did not invest on digital trading and wealth management platforms because they already did not invest in anything at all. However, other leading reasons also include lacking the knowledge in investing and being risk-averse towards investments on these platforms.
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The Spanish e-brokerage market, exhibiting a robust Compound Annual Growth Rate (CAGR) of 8.00%, presents a compelling investment opportunity. Driven by increasing smartphone penetration, a young, tech-savvy population, and the growing preference for convenient, online investment solutions, the market is poised for significant expansion throughout the forecast period (2025-2033). While precise market size figures for Spain are unavailable, extrapolating from the global market and considering Spain's economic strengths and adoption of digital technologies, we can reasonably estimate the 2025 market size to be around €250 million. This estimation considers the relatively high level of financial literacy and digital adoption within Spain, compared to other European nations. Key market drivers include the accessibility and affordability of online trading platforms, coupled with increased financial education initiatives aimed at younger demographics, further fueling market growth. The market is segmented by investor type (retail and institutional) and operational geography (domestic and foreign). Leading players like ING, Renta4banco, Bankinter, and DEGIRO are fiercely competing, enhancing innovation and driving down costs for the end consumer. While regulatory changes and potential economic downturns present potential restraints, the overall market outlook remains positive, supported by the ongoing digitalization of the financial services sector in Spain. The competitive landscape is highly dynamic, with both established international players and local Spanish brokerages vying for market share. The retail investor segment currently dominates, but increased participation from institutional investors is expected, especially with the growing appeal of robo-advisors and algorithmic trading. The domestic operational segment holds a larger market share, but the foreign segment is witnessing significant growth, driven by the expansion of international brokerage firms offering services in Spain. Future growth will depend on sustained economic growth in Spain, ongoing technological advancements in the fintech sector, and the successful adaptation of regulatory frameworks to accommodate the evolving needs of the e-brokerage market. The forecast period suggests significant growth opportunities for both existing and new market entrants that can effectively cater to the evolving needs of Spanish investors. This in-depth report provides a comprehensive analysis of the e-brokerage market in Spain, covering the period from 2019 to 2033. With a focus on the key trends, growth drivers, and challenges shaping this dynamic sector, this report is essential reading for investors, market participants, and anyone seeking to understand the Spanish online brokerage landscape. The report utilizes data from the historical period (2019-2024), base year (2025), and estimated year (2025) to forecast market growth until 2033. Recent developments include: In early 2021, DeGiro BV merged with flatexDEGIRO Bank AG, creating the largest online foreclosure broker in Europe with its own banking license. Also in April 2020, German Flatex completes its 100% acquisition of DeGiro. The Deal value of the acquisition was 250 EURO million. With this Flatex Degiro become the leading online broker in Europe., In July 2021, Interactive broker, a leading online brokerage firm in Spain and all of Europe announced a new simple flat fee structure for stock trading in Europe. Interactive Broker is trying to increase its customer base by introducing a new simplified pricing structure for stocks that are tailored to individual investor priorities. The first markets to benefit from this new fee model are the exchanges of Western Europe.. Notable trends are: The Financial Products contribute to highest percentage of Family assets of Spanish.
The report covers UK Online Trading Platform Market Revenue, UK Online Trading Platform Market Growth, UK Online Trading Platform Market Major Players, UK Online Trading Platform Market Analysis, Cloud Services Market.
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The market for online brokers for stock trading is expanding rapidly, driven by the increasing popularity of online investing. The market size was valued at USD XXX million in 2025 and is projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period. The rise of digital technologies, the accessibility of financial information, and the growing awareness of investment opportunities are major factors contributing to the market's growth. The market is segmented based on application (institutional investors and retail investors) and type (cloud-based and on-premises). Key players in the market include Fidelity, TD Ameritrade, Ally Invest, E*TRADE, Interactive Brokers, and Charles Schwab. North America and Europe are the dominant regional markets, while the Asia Pacific region is expected to witness significant growth in the coming years. Trends such as the adoption of mobile trading platforms, the integration of artificial intelligence and machine learning for personalized investment recommendations, and the rise of low-cost trading commissions are shaping the market's evolution.
In 2022, the worldwide revenue of neobrokers was estimated at 2.85 billion U.S. dollars. The largest market for neobrokers is the United States, with a revenue of over 1.5 billion U.S. dollars and assets under management (AuM) worth approximately 220 billion U.S. dollars in 2022, accounting for over half of the total.
Neobrokers are financial entities that operate solely in the digital space. They typically position themselves as online brokers, trading platforms, social trading platforms, or retail investment platforms. These companies do not belong to other more conventional financial enterprises; however, they might partner with banks to enable more efficient and secure deposits and transfers.
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The global wealth management market is projected to grow from $129.49 billion in 2025 to $164.04 billion by 2033, exhibiting a CAGR of 3.88% during the forecast period. This growth is attributed to the increasing number of high-net-worth individuals and ultra-high-net-worth individuals, as well as the growing demand for personalized financial services and investment opportunities. Moreover, the rising trend of digitalization and the increasing adoption of online platforms for wealth management solutions are further contributing to market growth. The key drivers of the wealth management market include the rising number of high-net-worth individuals and ultra-high-net-worth individuals, the growing demand for personalized financial services and investment opportunities, and the increasing adoption of online platforms for wealth management solutions. The key trends shaping the market include the use of artificial intelligence and machine learning for investment management, the integration of sustainable investing practices, and the growing importance of financial planning and tax advisory services. The key restraints of the market include regulatory compliance costs, the risk of market volatility, and the threat of cyberattacks. Recent developments include: , Recent developments in the Wealth Management 185 Market indicate a continued focus on digital transformation among leading firms. JPMorgan Chase has enhanced its wealth management capabilities through significant investments in technology to improve client engagement and operational efficiency. Goldman Sachs is exploring partnerships to expand its asset management platform, aiming to capture emerging markets and millennial investors. BlackRock has reported substantial growth in ETFs, reflecting a broader shift in investment preferences. Northern Trust has expanded its services to cater to high-net-worth individuals looking for tailored solutions. Fidelity Investments is also adapting its strategy to include more sustainable investment options, responding to increasing demand for ESG criteria. In terms of mergers and acquisitions, UBS has made headlines with its acquisition of a wealth management firm to bolster its presence in Asia. Meanwhile, Morgan Stanley’s recent purchase of a financial advisory firm aligns with its growth strategy in the wealth management sector. Overall, these strategic moves highlight a competitive landscape where firms are leveraging technology and expanding their service offerings to respond to evolving client needs, thereby influencing market valuations and dynamics significantly.. Key drivers for this market are: Digital investment platforms, Sustainable investment options; Personalized wealth management services; Enhanced regulatory technology; diversification strategies . Potential restraints include: Technological advancements, Regulatory compliance pressures; Rising wealth concentration; Evolving client expectations; Competitive landscape intensification .
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According to Cognitive Market Research, the global online alternative investment market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
Equity crowdfunding currently holds the major share of the online alternative investment market.
Market Dynamics of Online Alternative Investment Market
Key Drivers for Online Alternative Investment Market
Advances in Digital Platforms Simplifying Access to Investments Are Fueling Market Growth
Advances in digital platforms have made it accessible to invest, which is driving growth in the online alternative investment business. Innovative fintech solutions improve user experiences by providing simple interfaces and efficient processes for investing in an abundance of asset types. This accessibility attracts a broader spectrum of investors, particularly younger people looking for nontraditional investment options. Furthermore, the implementation of technology such as blockchain assures transparency and security, which boosts investor confidence. Furthermore, updated mobile applications provide real-time investment tracking and mobile transaction assistance. As digital platforms advance, they enhance training resources, allowing investors to make more informed choices and eventually encouraging increasing participation in the alternative investing sector. For instance, In August 2024, Quest Investment Advisors announced the launch of their new open-ended Category III Alternative Investment Fund (AIF), the Quest Smart Alpha Sector Rotation Series II. This launch followed the success of their previous AIF, the Quest Smart Alpha - Sector Rotation, which raised around Rs 500 crore in corpus commitments.
Growing Awareness of Diversified Investment Options Boosts Market Demand
The online alternative investing industry is expanding rapidly as investors become increasingly conscious of the financial advantages of diversifying their investments. Individuals are increasingly recognizing the value of diversifying their investments beyond traditional assets such as equities and bonds. This trend is motivated by a desire for higher returns, lower risk, and access to unique options, including real estate, peer-to-peer lending, and cryptocurrency. Educational resources and internet platforms help investors better understand and access these possibilities. As a result, a broader audience, especially younger and more tech-savvy investors, have become involved in alternative investments, increasing market demand and encouraging innovation in the field.
Restraint Factor for the Online Alternative Investment Market
Limited Financial Education Prevents Broader Market Participation
Limited financial education significantly reduces overall market participation in the online alternative investment sector. Many potential investors lack the understanding required to interpret complicated investment products, including private equity, real estate crowdfunding, and cryptocurrency. This intellectual gap presents a barrier to entrance, prohibiting people from pursuing lucrative options beyond traditional investments. Furthermore, a lack of financial knowledge may increase susceptibility to scams and misinformation in the online investment market. To encourage increased involvement, educational activities must be encouraged that simplify alternative investments, improve comprehension, and boost confidence among potential investors, eventually leading to a more accessible and informed...
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Market Overview: The global Investment Consulting Services market is poised to register a substantial growth over the forecast period (2023-2030), driven by the increasing complexity of financial markets and the need for expert guidance in investment decisions. The market size is estimated to reach over USD 500 billion by 2030, exhibiting a CAGR of around 7.5% during the forecast period. The rising demand for personalized and tailored investment advice, particularly among high-net-worth individuals and institutional investors, is a major market driver. The emergence of digital technologies and the adoption of artificial intelligence (AI) and machine learning (ML) algorithms in investment management are further propelling market growth. Key Trends and Outlook: The Investment Consulting Services market is witnessing several key trends, including the integration of ESG (environmental, social, and governance) considerations into investment strategies, the rise of sustainable and impact investing, and the increasing focus on digital platforms and mobile applications. The growing awareness of ethical and responsible investing among investors is driving demand for investment consulting services that align with ESG principles. Additionally, the adoption of Robo-advisors and other digital investment platforms is changing the landscape of the market, providing cost-effective and convenient investment solutions. The industry is expected to continue to evolve, with a focus on innovation, personalization, and the integration of AI and data analytics. Company Websites:
Alpha Apex Group: Andersen: AON: Apex Group: Asset Consulting Group: Bain: Bfinance: Callan: ESFC Investment Group: Fort Pitt Capital: McKinsey: Mercer LLC: NEPC: Segal Marco Advisors: Winveston:
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Market Analysis for Intelligent Investment Platforms The global intelligent investment platforms market is projected to reach a valuation of XXX million USD by 2033, exhibiting a CAGR of XX% over the forecast period. This growth is primarily driven by the increasing demand for automated investment solutions and the growing adoption of digital technologies. Additionally, the rising popularity of virtual currency investments and the expansion of investment platforms to cater to both corporate and individual investors are also contributing to market expansion. Key market trends include the integration of artificial intelligence (AI) and machine learning (ML) to enhance investment decision-making, the development of personalized investment portfolios, and the emergence of robo-advisors that provide automated investment services. Restraints to market growth may include cybersecurity concerns, regulatory compliance, and the availability of skilled professionals. The market is segmented based on type (financial derivatives investment, virtual currency investment) and application (corporate, individual). Key players in the market include Schwab, FXTM, Nutmeg, Evestor, Vanguard, and Claro Money. Regional analysis of the market is provided for North America, South America, Europe, the Middle East & Africa, and Asia Pacific. The intelligent investment platform market is poised for substantial growth in the coming years. This report provides a detailed analysis of the market, including key trends, drivers, challenges, and opportunities.
The number of users is forecast to experience significant growth in all segments in 2028. This reflects the overall trend throughout the entire forecast period from 2020 to 2028. It is estimated that the number of users is continuously rising in all segments. In this regard, the Neobrokers segment achieves the highest value of 3.1 million users in 2028. Find further statistics on other topics such as a comparison of the number of users in Japan and a comparison of the transaction value in Russia. The Statista Market Insights cover a broad range of additional markets.
According to the results of a survey conducted in 2021, around 38.8 percent of respondents in Thailand invested on cryptocurrency exchanges. Cryptocurrency has become a very popular form of investment among Thais in recent years.
It is forecast that the global online trading market will increase at a global compound annual growth rate of 6.4 percent per year, increasing to an estimated 13.3 billion U.S. dollars in 2026. This is from a base of around 10.21 billion U.S. dollars in 2022. Following the coronavirus pandemic beginning in 2020, online trading activity increased among millennial investors. Many online brokers, including Robinhood, experienced notable growth in the number of platform users from the second quarter of 2020 through to 2021. A low-cost business model, paired with technological integration and social media promotion were contributing factors to the popularity of online trading.
What is an online trading platform?
The online trading market is typically accessed through an online market broker, providing a platform for users to track market prices and execute buy and sell orders on financial securities. The user typically holds their portfolio through an online broker. The number of monthly downloads for leading online trading apps spiked in early 2021. While this was influenced by media attention to popular news stories such as the increase in the price of GameStop shares, online trading is expected to continue as an alternative to traditional investment methods.
Factors driving online trading
The integration of technology has improved investing activities. From a global survey, most respondents stated technology made investing easier, cheaper, and more efficient. The use of technology allowed information such as real-time data, industry and firm reports, and trading notifications to be more accessible directly to the investor. Online platforms had experienced an increase in the number of trades placed per day, in 2019, interactive brokers had an average of 1,380 trades placed per day. This number steadily increased to 3,905 trades per day in 2021. Technological integration allowed trading via online platforms to be an alternative to traditional methods of relying on an in-person full-service broker.