Upon review of opinions and insight provided by survey respondents, the feature with the highest rating of ease among retail investors in the United Kingdom using trading apps was the process of creating a trading account, receiving an average score of 4.4. Using a demo account received a less favorable response, with an average score of 2.3. Many retail investors found this app feature to be difficult to navigate. The ability to copy other traders on the platform and also micro investing/rounding up were also seen as difficult tasks, receiving an average score of 1.5 and 1.7.
Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker
Survey respondents were located in the United Kingdom ranging from 18 to 75
years old. Each respondent was a user of a trading app with varying portfolio values and goals.
Respondents were asked to score the ease of using specific app features from one to five. One being difficult and five being easy.
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Buzzfire. (October 31, 2023). Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/
Buzzfire. "Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker." Chart. October 31, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/
Buzzfire. (2023). Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/
Buzzfire. "Ease of Using Specific Trading App Features for Retail Investors in The United Kingdom in 2023, by Broker." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/
Buzzfire, Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker Statista, https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/ (last visited December 21, 2024)
Ease of using specific trading app features for retail investors in the United Kingdom in 2023, by broker [Graph], Buzzfire, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1427374/ease-of-using-trading-app-features-for-retail-investors-in-the-uk-by-broker/
