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How to create investment apps like acorns?

Roman Katerynchyk
Roman Katerynchyk Founder of ARTJOKER
8 min read

Playing n stock market was popular not only in 1920s. Today, lots of people still like it. However, it is much better to have a modern tool for that purpose. So, we are willing to describe you how to create investment apps like acorns.

The cyber industry is one of the most rapidly developing fields of the modern economy. Today, thanks to programming and the Internet, we now have one of the most unbelievable and amazing things in our everyday life. For instance, we do not have to go to the restaurant, but we can use the internet to order food. We do not have to pay for calling someone living in a different place in the world; we can now use mobile telecommunication, thanks to Skype, and see our friends or relatives in real time, even if they are far away. Moreover, we can now use the virtual reality we have been dreaming about for generations. However, that is only the beginning. Now, octopus is starting to occupy even such a secured and highly protected field as investments and stock markets.

That last point, which seems to be really surprising to common users has become possible, thanks to the Acorns investing app service, which was created not so long ago. What is Acorns actually? Acorns is a mobile application that provides you with all the necessary information for making any kind of investments and buying stocks and assets. Frankly speaking, it is a portable mobile robot linked to the internet that allows you to eliminate the role of broker or banker in the field of top financial deals. It makes it possible for you to make the deals directly in the easiest way you can imagine. In this article, we will steadily reveal all the features of such an incredible Internet-based app for investing. However, the key aim of this article is a bit different. Due to the increasing popularity of Acorns, a lot of different businessmen, economists and regular programmers are willing to create an investment app like acorns. But the main issue here is that they do not really know how to create such app, and I am willing to help you solve that issue.


I think that it is pretty clear that when we talk about such a serious topic as investments, it seems pretty obvious that the whole process of how the app functions is complex and is different from the structure of simple app games and ordering extensions. If you want to create a mobile investment app, there is a great need to properly analyze the key features and principles of apps on similar platforms.

So starting with the very basic things, it seems appropriate to say that the development of that really serious project may consist of several key parts. The first one is consultation, the second one is hiring a company, the third part is the establishment of the key technical features and the last one is promotion. However, I will talk about only the main working principles of such an application and then later present a clear and exhaustive explanation regarding how to develop an investment app.

How to create investment apps like acorns?

First of all, the application connects your bank account to its system and then, based on the collected data, it analyzes the market and presents to you awesome deals and offers. Investment application development acts actually like a thinking robot analyzer, which is able to absorb all the essential information not only from the bank account but also from your search engines. Furthermore, there is also another pretty important feature of that application, which is similar to Acorns. It can predict more or less legitimate fluctuations in the market and, as a result, let you know about rise and fall of stock prices. Then the majority of those who are curious about how to use Acorns can then offer users the most potentially successful stocks. Yes, that is true, but you have to keep in mind a simple economic principle, which states that if a lot of people have a huge amount of something, the price for that something will fall. The same thing is applicable to stocks. So, I am advising you not to believe that function completely. Besides, there is also another pretty important thing we have to remember. Usually, in real life, if you want to buy stocks, you deal with brokers who are actually not always fair enough. But if you use an investment application, like Acorns, you are able to get unbiased information on any stocks, bonds and assets that interest you in any sector, from Shell petrol to McDonald's.

There are also several pretty interesting and good features of the Acorns application that made it so popular in a comparatively short period. First of all, as I highlighted earlier, it is an unbiased cold-blooded analytics of the most important and vital movements in the market. Then, it presents you less risky investment options and creates a simple plan for your actions. Moreover, it also acts as a robo-advisor, which makes it possible to use Artificial Intelligence to make money.

So, that is a simple algorithm that describes in the most simple way what Acorns app is and how it works. However, now I am willing to give you a much more broader explanation of how to create a similar application on your own.


While considering creating such a pretty complicated thing as an investment application, it is pretty logical to conclude that the structure of such an app is not the most simple. First of all, while talking about the creation of a special background system for building an application focused on investments, we must take into consideration the fact that you need not only special knowledge but also special software and technologies that will allow you to achieve your goals.

So while talking about the creation of a background development of the financial application, let us first of all say that it consists of several integral parts. First of all, the most essential thing to do is to create a server that would be able to accept a trading robot. Thus, we are just going to create a massive resource for the storage of that kind of soul of an application, which would be able to make all the important accusations and mathematical operation for the achievement of certain goals.

Then, another important moment is the installation of a special software for proper operation of that server and adequate processing of the storage of all the information due to the fact that all the stuffs that are saved there will be kept secret because of their high level of importance. Moreover, you also have to implement special programming gateways into the server, which will allow you to send the data directly to the resources of the global market and only then get back all the needed information, absorb it and then distribute. The last point is going to be done because of the direct connection with the stock market and access to all the information will only be by those people who have a special license. That is why those who play on stocks use brokers and do not do it on their own.

How to create investment apps like acorns? - 1

Another highly vital step is the implementation of the protocols and plugins, which will allow you to sort out that giant bunch of information. You can imagine that giant amount of data that will be analyzed on your server. Despite the fact that your application has to collect information, it is also required to make certain special calculations that will make it possible to organize all the essential predictions for the users. Because it does not consume a lot of energy, it is also a really hard work. Even for a computer, you have to build that process by using certain special pieces of software. One of the most useful ones are Betterment and Wealthfront. These extensions were built directly for the creation of a special product of analysis and may fit perfectly to the whole bunch of equations that are going to be made.

So, there is a presentation of a list of those must-haves without which it will be completely impossible to create a proper product and to make your idea come true. So, do not hesitate to implement all those pieces of software in the foundation of your investment application.


That field could be called the most complicated part of the whole article. Here, I would like to show you the most important and the most vital technical features of an application, which would be focused on during the creation of a safe and properly working investment app.

First of all, the very basic thing you have to keep in mind is the fact that such application is a thing for common people who are not millionaires. I am pretty sure that people think about investments, buying and selling bonds, etc. So, now they are able to do it. However, in order to make that idea a reality, it is important to implement several important additions. Then, there is a need to allow people to invest amounts, which will probably make the whole process much simpler and faster. After that, you have to take care of the creation of a proper process of withdrawing the funds that were earned during that bargains and also make it possible for people to add as many credit cards to their account as possible. Moreover, there is also an important thing, which focuses on the whole process of earning money. When you think a of making an app like acorns, try to make these operations pretty simple. For instance, you may create a function where the margin will be collected from your private account after each deal. Making a long story short, let us imagine that you are buying someone's bonds for $4. However, the next day, the value increased to $6. So, you may want to sell the bonds. And the money you made will be sent directly to your personal account.

Moreover, there is also another vital technological feature that plays an important role. You have to understand the difference between the Index Funds and Exchange Traded Funds. Simply speaking, there are several drawbacks and benefits of these two types of funds, so your user has to make a choice on his own which to trade. For example, if you are using an Index Fund, they are easier to trade, but costly to hold. Then, they are all traded via LISPs and are always priced once a day. Moreover, they are much better for switching and have a high level of security and safety for the beginner investors. However, if you are willing to choose Exchange Traded Funds, you have to be ready to accept other circumstances. For instance, they all are priced throughout the day and are much less safer. They are cheaper to hold but pretty complicated to trade, so you have to be a good professional in order to get accustomed . Besides, these funds are directly those that should be traded through brokers. Moreover, you have to also take into account the two most widely used strategies for trading and finances counting that are used in the world. They are expenses averaging and rounding of the sums. Without these highly important technologies, it is impossible to create an application that will play the role of a mediator between you and the world stock market.

Now, let us go to the exact field of discussion. The first thing that has to be managed is the creation of proper level of safety. I really want to believe that you understand the level of the importance of such a point. There are several pretty useful tips you have to keep in mind while creating a secured space. First of all, the operations with your account have to be fully controlled. For example, the user will not be able to delete an account without connecting to the service center and providing agents there with a clear personal information about his identity. After providing your details, that's when you will be able to delete or somehow edit your profile. Then, there are also several other things to remember. Then, there is even a list of those tools that have to be implemented. Firstly, the most important thing that has to be done is the application of a special SSL code and plugin, which will make it possible to protect all the data flows within an application and those connections that exist between the market and the app. Secondly, try to create an additional secret world that will act as a shield for all of the operations within an app and which cannot be destroyed by the hackers. For instance, it could be occasionally changing passwords, which are known by only the administrators and which acts as a protection for all the deals and transactions that are held between the users and the trader in the market. Then, you will also be required to collect private information from your users. For example, in order to hold the logging in process after the registration, you have to ask for the last four digits of the user's Social Security, Card Number and, for sure, his mobile phone. Furthermore, you also have to create a connection between the center and the user by implementing the verification code feature. The code will be sent via SMS to your mobile phone.

How to create investment apps like acorns? - 2

Another part of the process of creating an app like acorns is the implementation of an account. For that purpose, as well as in security issues, you have to ask for some special information from the user. First of all, ask him for his banking card number, which will be later applied as the main source of the connection between the user and the market. Moreover, it would also be really nice to ask him to provide a verified photo that will act as one of the main proofs of his/her identity.

Last but not least, let us examine some investment options. Firstly, provide all the users with proper analytics and hire a professional team of developers that would be able to adjust it perfectly and cope with all the bugs and errors. Furthermore, try to limit the amount of investments to give the users a bit more freedom. Then, implement a notification technology that will make it easier for users to see the good deals in real time. Moreover, there are also several additional things to consider. For example, one of the main drawbacks of Acorns is the absence of a good financial planner. You have the chance to deal with that mistake within your app. It is so vital because sometimes people are not able to plan all of their expenditures, especially in the case of bonds trading. So, a great idea may be to set a perfectly manufactured robot that will analyze all the expenditures and then base all the financial forecasts on the intentions of a user. Finally, make an effort to organize a virtual simulator. The main point here is that the majority of your audience are not professionals, thus there will be a need for a good tutorial, so do not hesitate to add it to your platform


If we are planning of creating such an application, we have to forget about saving money for a minute. The main thing here is that because of the complexity of the whole project, you do not have to look at money. Do not be afraid of expenses because any serious mistake in a final product may lead to a collapse. Moreover, you have to look carefully for the main programmers and developers within a team because it is really important to have only top-notch professionals in a team in case one wants to create a pretty serious app. However, nobody said that you cannot outsource the project and look for good developers in Asia, especially in the financial centers of that beautiful continent. For example, you can find good and pretty cheap programmers in Singapore, Malaysia, and India. But the main aim is to look for them only in very big and economically developed cities, excluding Singapore, of course (it is a highly developed city-state). The cost of Acorns-like app usually depends on time. But the process for the time of work is pretty acceptable because it is a complicated job, ranging from $50 to $70 per hour, while in the West you may spend up to $200 per hour due to the level of specificity of a project. Yes, such prices may seem really interesting and attractive to the beginners who are not really experienced in the field of app development. So as a result, there is a great need to warn those who are willing to create their project using outsourcing. This makes it really easy to become a victim of cyber pirates and hackers if you look for the developers in India, China or Malaysia in a reckless manner. As a result, we strongly recommend that you use Artjoker as a foundation for your future successful project. Artjoker may not only be a cheap option for beginners, but it is also a good example of people who are able and willing to achieve the set goals and work hard for the best of the customers.

How to create investment apps like acorns? - 3


Taking everything into consideration, I tried to give you a broad but simple explanation on how to create investment apps for beginners. However, this does not mean that it is the end because this topic is not only a highly complicated and multi-sided one but also because it is comparatively new. But I really want to believe that it was enough for you as per the first time and you were able to find answers to the basic questions. Finally, it would also be appropriate to say that the evolution of that field is just a matter of time. On the other hand, we do not know to which outcomes it may lead in the end. I say so because you may remember the words of the president of JPMorgan Bank in 1928. If the newspaper boy knows more about stocks than a good broker, the collapse is not far. Only a year remains before the Great Depression.

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