Top 5 Investing and Financial Management Apps on Android in Saudi Arabia - Q1 2023

In Q1 2023, the top 5 investing and financial management apps on the Android platform in Saudi Arabia showed varied performance trends in terms of weekly downloads and active users. Here’s a closer look at each app’s performance based on data from Sensor Tower.

Olymp Trade - trading online saw its weekly downloads peak at approximately 13K in the week of January 9. However, downloads stabilized around 5K-6K per week towards the end of the quarter. The app’s weekly active users (WAU) started at 25.2K and experienced fluctuations, peaking at 33.7K in the week of January 9, before settling at around 27.8K by the end of March.

ExpertOption - Mobile Trading experienced a steady increase in weekly downloads, starting at 6.6K and reaching about 9.1K by the last week of March. The WAU also showed a positive trend, starting at 9.1K and gradually increasing to approximately 10.7K by the end of the quarter.

IQ Option – Trading Platform had a notable peak in downloads in mid-January, with numbers reaching up to 10.1K. However, the downloads saw a decline, stabilizing around 2.8K-4.2K towards the end of the quarter. WAU for this app peaked at 23.6K in mid-January but showed a downward trend, ending the quarter at around 13.7K.

Binance: Buy Bitcoin & Crypto started the quarter with 3.1K downloads and saw a peak at 6.7K in the week of February 27. The WAU for Binance remained relatively stable, starting at 16.7K and ending at 20.3K by the last week of March.

Circlys showed a significant increase in weekly downloads, starting at 5.9K at the beginning of the quarter and reaching a peak of 9.9K by the end of March.

For more detailed insights and data, visit Sensor Tower.