Top 5 Investing and Financial Management Apps on Android in Saudi Arabia for Q1 2024

In the first quarter of 2024, the top 5 investing and financial management apps on Android in Saudi Arabia exhibited diverse performance trends in terms of weekly downloads, active users, and revenue. Here’s a closer look at how each app fared:

ExpertOption - Mobile Trading saw a fluctuating trend in weekly downloads, starting the quarter with nearly 19.8K downloads and reaching a peak of 25.7K in the second week of January. Downloads dipped to a low of 14.3K in mid-March before bouncing back to 19.3K by the end of the quarter. Active users started at 21.8K, peaked at 28.2K in the second week, and ended at 23.8K. The app did not generate any weekly revenue during this period.

Cryptomania —Trading Simulator had a strong start with 13.1K downloads in the first week of January, which dropped to 6.1K by early March and then recovered to 8.7K by the end of the quarter. Active users showed a similar pattern, beginning at 22.9K, peaking at 33.8K in mid-March, and ending at 28.1K. Revenue for this app remained modest but steady, averaging around $10 per week and peaking at $18 in the last two weeks of March.

Sahm - Stock Trading experienced a significant increase in weekly downloads, starting from 4K in the first week of January and reaching an impressive 26.4K by the end of March. Weekly revenue also saw an upward trend, from $130 in the first week to a peak of $761 in the final week of the quarter. Active user data for this app was not available.

Binance: Buy Bitcoin & Crypto maintained a consistent performance in weekly downloads, starting at 9.4K in early January and peaking at 13.6K in early March. Active users followed a similar trend, beginning at 21.6K and peaking at 29.4K in mid-March. The app did not generate any weekly revenue during this quarter.

Olymp Trade - trading online showed a downward trend in weekly downloads, starting at 7.7K in the first week of January and declining to 5.7K by the end of March. Active users also saw a slight decline, beginning at 33.4K and ending at 36.5K. This app did not report any weekly revenue during the quarter.

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