Top 5 Investing and Financial Management Apps on Android in South Africa - Q1 2022

In Q1 2022, the top 5 investing and financial management applications on the Android platform in South Africa showcased diverse trends in weekly downloads and active users. Data sourced from Sensor Tower provides valuable insights into their performance.

Luno: Buy Bitcoin & Crypto saw its weekly downloads fluctuating between 14.8K and 19.8K throughout the quarter. Weekly active users peaked at approximately 129.6K in mid-January before gradually declining to around 95.7K by the end of March.

MetaTrader 4 Forex Trading experienced a peak in weekly downloads at 11.1K during the first week of January, with numbers tapering off to around 8.8K by the end of March. Active users showed a high of 68.5K in mid-January but decreased to approximately 59.1K towards the end of the quarter.

Trading App By AvaTrade demonstrated significant variability in weekly downloads, reaching a high of 12.2K in late February. Active users increased from around 29.3K at the start of the quarter to a peak of 40.2K in early March, before settling at approximately 29.7K by the end of March.

EasyEquities showed a steady decline in weekly downloads from 13K in the first week of January to a low of 4.9K in early March, before a slight recovery to 7K by the end of March. Weekly active users remained relatively stable, fluctuating around the 107K to 122K range throughout the quarter.

MetaTrader 5 — Forex, Stocks had weekly downloads ranging from 5.6K to 8K, with the highest number recorded in the first week of January. Active users remained consistent, hovering around 47K to 52K during the quarter.

For more in-depth insights and data, visit Sensor Tower.