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Global Online Trading Platform Market Size to Grow at a CAGR of 8.6% in the Forecast Period of 2023-2028

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The ‘Global Online Trading Platform Market Share, Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global online trading platform market, assessing the market on the basis of its segments like components, types, applications, end users, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Online Trading Platform Market Price, Trends, Growth, Analysis, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Around USD 39.63 billion
• Forecast CAGR (2023-2028): 8.6%
• Forecast Market Size (2028): Nearly USD 63.32 billion

A major driver in the global online trading platform market is the increased internet penetration and widespread usage of smart devices. This has led to the rapid popularity of online trading platforms, which makes trading easier for users. In addition to this, online trading platforms are convenient, eliminate the requirement for brokers, and empower users to efficiently monitor their investments.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/online-trading-platform-market/requestsample

Another crucial factor bolstering the market demand is the growing preference to eliminate the role of middlemen, the rising inclination towards cheaper and faster trading, and the growing demand for a smooth transition with minimal extra charges.

An increasing number of retail investors also fuels the global online trading platform market. Retail investors usually trade stocks, equity, mutual funds, and bonds as a source of passive income. The growing accessibility to online trading platforms and their ease of usage and minimal brokerage are also surging retail investors.

Banking and financial institutions are expected to contribute vastly to the market share during the forecast period. This is attributed to the deployment of custom-made trading platforms in the banking sector. Customised online trading platforms offer interactive account options, competitive fees, and banking services, among others.

Online trading platforms also offer crucial business intelligence, including historical and current prices, deal performance, automatic real-time updates, and available credit, among others. The integration of such platforms with tools that can evaluate the data to support customers make timely and better purchases is anticipated to further aid the online trading platform market in upcoming years.

Online Trading Platform Industry Definition and Major Segments

An online trading platform, or electronic trading platform, is a software program used to trade securities. It assists investors in opening, closing, and managing market positions through a financial intermediatory such as online broker. It can be either used for free or at a discount, depending upon the terms of financial intermediatory.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/online-trading-platform-market

On the basis of component, the market is classified into:

• Software
• Services

Based on type, the market is segmented into:

• Commissions
• Transaction Fees

On the basis of application, the online trading platform market is classified into:

• Institutional Investors
• Retail Investors

Based on end users, the market is segmented into:

• Banking and Financial Institutions
• Brokers
• Others

On the basis of region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Online Trading Platform Market Trends

A key trend propelling the growth of the global online trading platform market is the rising popularity of artificial intelligence. This technology can analyse multiple possibilities immediately to provide logical decisions. This aids traders tremendously as they no longer need to monitor the stock market or analyse the data. Moreover, analysts can accurately predict market performance by implementing AI technology, hence reducing risks and maximising returns. AI technology also enables users to track millions of data pointers with the most cost-effective method.

There is a surging integration of robo-advisors that provide automated financial planning and solution by using AI in online trading platforms. Many businesses are utilising this technology as it requires little to no human intervention and provides a hands-off approach. Robo-advisors conduct an online survey to know the consumers’ requirements before collecting the data for investing.

They also provide easy account setup, long-term goal planning, portfolio management, and cash management, among other hassle-free experiences. Besides, robo-advisors provide affordable investment and money management alternatives to help users to achieve financial independence, which positively influences the global online trading platform market.

The surging launches of online trading platforms are anticipated to aid the market growth. For instance, in June 2023, it was announced that CoinSwitch, a cryptocurrency trading platform, was set to launch a wealth-tech platform for trading Indian stocks in cryptocurrency exchange. Through a simplified wealth tech platform, it aimed to offer services like mutual funds and fixed deposits, among others, tailored especially for the Indians.

In addition, technological advancements and innovations by key players to develop advanced online trading platforms are likely to bolster the market. For instance, in May 2023, Morgan Stanley’s E-trade platform announced its enhanced trading platform with better customisation of views and increased precision of potential market opportunities.

Regionally, North America accounts for a substantial share in the market due to increased investment in trading technologies and growing government support. Technological advancements in this region are leading to an increased usage of advanced automated tools and techniques for algorithmic trading. Players in this region are also attempting to ease the usage of online trading. Moreover, the modernisation of trading regulatory systems by governments is driving the online trading platform market growth in the region.

Europe is also expected to witness a significant growth in the forecast period owing to increased investments by financial institutions for the adoption of advanced trading platforms. Key market players in this region are adding innovative technologies in online trading platforms to make trading easier.

Key Market Players

The major players in the global online trading platform market report are:

  • Interactive Brokers Group, Inc.
  • eToro Group Ltd
  • Robinhood Markets, Inc.
  • Ally Financial Inc.
  • Charles Schwab & Co., Inc.
  • Morgan Stanley
  • MarketAxess Holdings Inc.
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: John Walker, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

The post Global Online Trading Platform Market Size to Grow at a CAGR of 8.6% in the Forecast Period of 2023-2028 appeared first on Market Research Report.



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Global Online Trading Platform Market Size to Grow at a CAGR of 8.6% in the Forecast Period of 2023-2028

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