Top 5 Investing and Financial Management Apps on Android in Australia: Q2 2023

In the second quarter of 2023, the top 5 investing and financial management apps on the Android platform in Australia demonstrated varied performance in terms of downloads, revenue, and active users. Here’s a closer look at their trends, based on data from Sensor Tower.

Plus500 Trading saw its downloads fluctuate throughout the quarter, starting with 2.6K downloads in late March and peaking at around 3.3K in mid-June. Weekly active users showed a steady increase from 13.2K in late March to approximately 15.3K by mid-June.

Binance: Buy Bitcoin & Crypto experienced a decline in downloads from 2.4K in late March to about 1.3K by the end of June. However, the app maintained a high number of weekly active users, starting at 43.3K in late March and ending at around 32.8K by the end of June.

Webull: Stocks, ETFs & Options showed a mixed performance. Revenue increased steadily, peaking at $612 in mid-June. Downloads, however, decreased from 2.5K in late March to about 766 by the end of June.

Mitrade - Trade Global Markets had a significant drop in downloads, from 2.3K in late March to just 29 by the end of June. Weekly active users also saw a decline, starting at 10.2K in late March and dropping to approximately 9.2K by the end of June.

Raiz experienced a steady increase in downloads, starting at 1.2K in late March and reaching 1.8K by the end of June. The app maintained a consistent number of weekly active users, with numbers ranging from 29K in late March to around 32K by the end of June.

For more detailed insights into the performance of these apps and others, please visit Sensor Tower.