Top 5 Investing and Financial Management Apps in Madagascar Q2 2024

In the second quarter of 2024, the top 5 investing and financial management apps in Madagascar showcased varying trends in downloads and active users, according to data from Sensor Tower.

Cryptomania —Trading Simulator experienced fluctuations in weekly downloads, starting at 3.6K in early April and peaking at 4K by the end of the month. Downloads dipped to 2.5K in early June but recovered slightly to 2.7K by the end of the quarter. Active users for the app saw a consistent increase, starting at 7.1K and reaching a peak of 8.7K in early June before stabilizing around 7.1K by the end of June.

Pocket Broker - trading noted a steady rise in downloads, beginning with 780 in early April and reaching a high of 1.3K by the end of the month. Although there was a slight dip to 773 in late May, downloads rebounded to 1.1K in mid-June. Active users increased from 1.4K in early April to a peak of 3.2K by mid-June, before slightly declining to 2.8K by the end of the quarter.

Binance: Buy Bitcoin & Crypto saw its weekly downloads peak at 1.1K in early April, then fluctuated, ending the quarter at 548. Active users started at 14.9K, rising to a peak of 17.6K in early June, and settling at 15.4K by the end of June.

MetaTrader 5 — Forex, Stocks experienced modest download numbers, starting at 605 in early April and ending the quarter at 359. Active users remained relatively stable, beginning at 3.9K and ending at 3.5K, with slight fluctuations throughout the quarter.

OEX had a significant spike in downloads in early April with 2.1K, but this number quickly dropped to 44 by late May and further to 24 by the end of June. Active users for OEX showed an increase from 598 in early April to a peak of 2.3K by the end of June, indicating a growing user base despite the drop in new downloads.

For more detailed insights and data, visit Sensor Tower.