Mobile trading is on the rise. Whether it’s peer payments, mobile wallets or trading stock and cryptocurrencies, smartphone-based fintech is a hot market – in fact, this sector is growing at a rate of roughly 20 percent per year.
Leading the charge are a new breed of trading apps that use gamified, friction-reduced interfaces to bring the stock market to the masses.
Apps like Robinhood, Public and Webull take the once-complicated world of stocks and make them easily accessible and engaging to anyone. The result of this mobile app tech trend is an unprecedented rise in casual trading.