The overall view of retail investors surveyed in the United Kingdom saw the action of viewing and managing app notifications to be important, receiving an average score of four from a maximum possible value of five. The ability to trade cryptocurrency received an average score of 2.3, showing the ability to trade shares was ranked more highly among retail investors, receiving an average score of 4.2.
Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature
Characteristic
Scoring from one (unimportant) to five (important)
The data used was an average compiled from responses from retail investors with brokerage accounts on trading apps including Trading 212, HL (Hargreaves Lansdown), Freetrade, Etoro, AJ Bell YouInvest, Moneybox, Fidelity, Wealthify, Interactive Investor, and Nutmeg. 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 importance of an app feature from one to five. One being unimportant and five being important.
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Buzzfire. (October 31, 2023). Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/
Buzzfire. "Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature." Chart. October 31, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/
Buzzfire. (2023). Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/
Buzzfire. "Average Importance of Trading App Features for Retail Investors in The United Kingdom in 2023, by App Feature." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/
Buzzfire, Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature Statista, https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/ (last visited October 06, 2024)
Average importance of trading app features for retail investors in the United Kingdom in 2023, by app feature [Graph], Buzzfire, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1427412/average-importance-of-trading-app-features-for-retail-investors-in-the-uk-app-feature/
