Mobile appFintech & paymentsOriginal by Midas
Midas is a Turkish investing app that turns buying Borsa Istanbul and US stocks into a simple experience, with accounts opened from a phone in minutes. A low, easy-to-understand commission structure, local-language content and a clean interface attract a new generation of investors who found traditional brokerage apps complicated. Trust comes from the regulated brokerage infrastructure underneath and from client funds being held in separate accounts.
To build something similar you need a mobile app, a web interface and a deep integration with the order-routing and custody infrastructure of a licensed broker. Remote account opening, suitability testing, live or delayed price data, order management, and portfolio and tax reports run in the backend. If you do not hold your own brokerage licence, a partnership or white-label model with a licensed firm is the most realistic starting point.
How Midas works: the core user flow
How many apps and dashboards do you need?
Investor app
A retail app for finding stocks, watching prices, placing orders and tracking the portfolio.
Web platform
A desktop interface with broader charts, watchlists and account statements.
Brokerage integration layer
Backend services that pass orders to the licensed broker and sync balances and positions.
Admin and compliance panel
An internal panel for managing account openings, complaints, content and campaigns.
Critical features of a product like Midas
Remote customer onboarding
Accounts are opened with ID verification, a video call or NFC chip reading, and digital contract approval.
Real-time price feed
Prices from a licensed data provider are distributed to screens over WebSocket with low latency.
Order management
Market and limit orders, partial fills and cancellations are synchronised with the broker in real time.
Fractional shares
Buying slices of overseas stocks with small amounts lowers the minimum investment barrier.
Portfolio and return analysis
Average cost, unrealised gain or loss and currency impact appear on a single screen.
Educational content
Company summaries, an earnings calendar and plain-language explanations help new investors decide.
What goes into the first version, what comes later
First version (MVP)
- Remote account opening and suitability test
- Deposits, withdrawals and balance view
- Market and limit orders for local-exchange stocks
- Watchlist and price alerts
- Portfolio summary and trade history
Later releases
- US stocks and fractional buying
- Fund and bond products
- Advanced charts and technical indicators
- Tax reports and automatic statements
Modules and how the budget is calculated
The budget is calculated with 360 SOFT’s pricing model from the modules below, about 32 screens and the project’s complexity: roughly 194 person-days for the full scope and 115 person-days for the first version. Every module you drop lowers the budget directly.
| Module | Phase |
|---|---|
| Sign-up, login, social login | First version |
| User profile and settings | First version |
| Admin dashboard | First version |
| Online payments (Stripe / PSP) | First version |
| Subscriptions and recurring billing | First version |
| Advanced search and filters | First version |
| Push notifications | First version |
| Email / SMS notifications | First version |
| Reporting and analytics | Later release |
| GDPR and security hardening | First version |
| Third-party API integration | First version |
| Content management / blog | First version |
| In-game economy / LiveOps | Later release |
Hosting, SMS, map APIs, app store accounts and payment-provider fees are separate items. Maintenance and improvements (optional): €650 / month. We send a fixed written price within 24 hours after a free discovery call.
The hard parts
Licensing and partnership
Capital-markets activity requires regulatory authorisation; the contract and technical integration with a licensed broker are the backbone of the product.
Market-open load
Order traffic spikes at the opening bell and on major news; any delay means lost customers and complaints.
Data licences
Distributing live exchange data brings paid licences and per-user reporting obligations.
Business model
Revenue comes from per-trade commissions and the currency-conversion spread on overseas trades. A monthly subscription with live data, advanced analytics and lower commissions can be a second line. Shares of income from cash balances and fund distribution add further revenue where regulation allows.
Get a free quote for your project
Let us scope it together and send a fixed written quote within 24 hours. NDA on request; you own the source code.
Choosing a company to build an app like Midas
Most people searching “build an app like midas” are really looking for a reliable app development company. When comparing quotes, check four things:
- Can you try similar products they have shipped, in the stores or live?
- Are the source code, design files, servers and store accounts transferred to you by contract?
- Do they show a working demo every two weeks, with written scope and acceptance criteria?
- Are maintenance, scaling and GDPR/security costs written into the quote?
Copyright and trademarks
A business model and features are generally not protected on their own, but the Midas name, logo, interface design, content and source code are. That is why we build a product with similar functionality but your own brand, design and code. This is not legal advice; we recommend a trademark search before launch.
Frequently asked questions
How long does it take to build an investing app like Midas?
A first version connected to a licensed broker's infrastructure can be developed in a few months. Integration testing and regulatory approval are the items that affect the schedule most.
Can I build one without my own brokerage licence?
Order routing and custody cannot be offered without regulatory authorisation. Partnering with a licensed broker or using a white-label solution is a common and fast route.
Are there copyright or trademark issues?
The mobile investing business model and its features are generally free to use, but the name, logo, interface design, content and code cannot be copied. This information is general in nature and is not a substitute for legal advice.
What should I look for when choosing an investing app development company?
Look for concrete experience with financial integrations, real-time data feeds and security audits. Always ask about penetration-test reports and their record-keeping approach.
