Top 5 Investing and Financial Management Apps on Android in Saudi Arabia - Q2 2023

In Q2 2023, the top 5 investing and financial management applications on Android in Saudi Arabia showed diverse performance trends in weekly downloads, revenue, and active users. Here are the highlights based on data from Sensor Tower.

ExpertOption - Mobile Trading saw a fluctuating trend in weekly downloads, starting at around 9K in late March and peaking at 11K in early April before stabilizing around 7K towards the end of June. Active users followed a similar pattern, reaching a high of approximately 13K in early April and settling around 9.7K by the end of the quarter.

alrajhi capital experienced a significant increase in weekly downloads, starting at about 5.4K in late March and peaking at over 11K in mid-June. Weekly active users also saw a substantial rise, from around 3.4K in late March to a peak of approximately 22.9K in mid-June, before ending the quarter at about 18.7K.

Binance: Buy Bitcoin & Crypto maintained a steady download rate throughout the quarter, with weekly downloads ranging between 5K and 7K. Active users showed a slight decline from around 22K in early April to about 18K by the end of June, indicating a stable yet gradually decreasing user engagement.

IQ Option – Trading Platform demonstrated a varied download pattern, starting at around 4.2K in late March, peaking at 8.8K in mid-June, and ending the quarter at approximately 3.5K. Active users showed growth, starting at around 13.6K in late March and reaching a peak of about 21K in mid-June, before dropping to around 13.4K by the end of June.

Olymp Trade - trading online had a relatively stable download trend, with weekly downloads fluctuating between 3K and 5K. Active users displayed a relatively consistent pattern, with numbers ranging from around 22K to 28K throughout the quarter.

For more detailed insights and data, visit Sensor Tower.