Top 5 Investing and Financial Management Apps on Android in South Africa Q3 2021

In Q3 2021, the top 5 investing and financial management apps on the Android platform in South Africa showed varied performance in terms of downloads, active users, and revenue. Here's a closer look at the trends for each app, based on data from Sensor Tower.

Luno: Buy Bitcoin & Crypto maintained a consistent download rate throughout the quarter, peaking at around 21K weekly downloads in late July. The app saw a slight fluctuation in weekly active users, starting from 105.9K and reaching a high of 128.4K in mid-September before settling at 102.1K by the end of the quarter.

IQ Option – Trading Platform experienced a declining trend in weekly downloads, beginning the quarter with 13.7K and ending with approximately 5.1K. The weekly active users followed a similar pattern, decreasing from 61K to 45.5K over the three months.

MetaTrader 4 Forex Trading saw relatively stable weekly downloads, averaging around 9K. The app's weekly active users showed a gradual increase, starting at 60.2K and peaking at 68.4K by the end of September.

Trading App By AvaTrade exhibited an upward trend in weekly downloads, with numbers rising from 4.5K at the beginning of the quarter to over 11K in mid-August. Weekly active users also grew steadily, starting from 18K and reaching nearly 30K by the end of September.

EasyEquities had a notable peak in weekly downloads in mid-August with 12.5K, though numbers declined to around 6.3K by the end of September. The app's weekly active users saw a rise from 88.3K to a peak of 105K in mid-August, before stabilizing around 94.4K.

For more detailed insights and data, visit Sensor Tower.