Online trading

Global Online Trading Platform Market Expected to Reach USD 12.16 Billion by 2028

Companies in the online trading platform market are TD Ameritrade, E-Trade, Fmr LLC., Ally Financial Inc., Trade web Markets LLC., Power Exchange India Limited, e Toro – Your Social Investment Network, Interactive Brokers LLC, Trade Station, Octagon Strategy Limited, Robin Hood and others

According to a recent report published by Fortune Business Insights, titled Analysis of COVID-19 Online Trading Platforms Market Size, Share, and Impact, By Component (Solution & Services), By End Users ( banking and financial institutions, brokers and others) and regional forecast, 2021-2028”, the global market size of online trading platforms was valued at USD 8.28 billion in 2020 and is expected to reach USD 12.16 billion by 2028, growing at a CAGR of 5.1% from 2021 to 2028.

Development of key industry

December 2020: Empirica introduced its trading algorithm called Volume-Weighted Average Price (VWAP). It is able to reduce the impact on the market price by using a pre-calculated schedule for implementing a larger order.

July 2020: E*TRADE Financial Corporate Services, Inc. has launched the E*TRADE Equity Edge Online (EEO) development platform. It can effectively govern, manage and observe participant transactions. At the same time, it can automate workflows and move data to and from a company’s system in configurable and customizable ways.

Report details:

Number of pages: 115

Market size value in 2020: USD 8.28 billion

CAGR: 5.1%

Forecast period: 2021-2028

Revenue forecast in 2028: 12.16 billion USD

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Drivers and Constraints-

Increased use of AI in the form of robo-advisors to drive growth

The growing adoption of AI is expected to take the future of online trading platforms to a whole new level. Many companies therefore use this technology in their internal products as robo-advisors. These platforms allow users to execute practices at an optimal price and monitor millions of trading data pointers. Tracxn Technologies, for example, has an auto trading platform that includes three AI-powered engines. It has an active engine that uses machine learning to improve performance, a command engine to perform operational actions, and a strategy engine to analyze potential transactions. However, in developing countries, unfamiliarity with these solutions might hamper the growth of the online trading platform market in the coming years.

The Technology and Sustainability Market Report Includes:

  • Authoritative information on the market size of the online trading platform
  • Key Industry Trends
  • Strategies adopted by major players
  • Dominant regions


By component

By end users

  • Banking and financial institutions
  • Brokers

Key Benefits of the Purchasing Technology and Sustainability Market Report:

  • The major countries in each region are mapped according to the revenue of each market.
  • A comprehensive analysis of factors driving and restraining market growth is provided.
  • The report includes an in-depth analysis of current research and clinical developments in the market.
  • The major players and their key developments in recent years are listed.

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Regional outlook-

Presence of EffectiveSoft Ltd. and Chetu Inc. to help North America dominate

Geographically, North America generated $3.47 billion in revenue in 2020. It is expected to remain in the lead in the near future due to the presence of several reputable trading platform providers, such as TD Ameritrade Holding Corporation, Chetu Inc., Artezio LLC., ETNA and EffectiveSoft Ltd. On the other hand, Europe is expected to show a significant CAGR supported by growing investments from Benelux, Spain, Italy, Germany and France in online trading platform solutions.

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Press release distributed by The Express Wire

To see the original version on The Express Wire, visit the global online trading platform market expected to reach $12.16 billion by 2028