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For me I think the money invested in the stocks trading apps is never safe in any way. That's why I would not engage myself in such kind of investments whereby my capital is at risk.
In my country there are also many stock trading applications that can also be used for investing, of course as users we have to choose a stock trading application that already has a license from the government, so it will be safe, they are unlikely to take away our money, which is only a little. unless you invest in fake applications that don't have permits and licenses from the government.
In my country these kind of apps are not popularly used. This is because the government of the day Doesn't consider that as a legit way of earning online money.
l think it's not a great thing to just trust the online apps in terms of the trading on the stocks or making any investment activities with the online apps as most of them turns out to scams with time.
As far as I know, it is quite safe because, unlike cryptocurrency, these banks are insured much better, and if they fail, investors can get some part back, but not all the funds
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