Top 5 Investing Apps on iOS in South Africa Q4 2024

In the fourth quarter of 2024, several investing and financial management apps showed varied performance trends on the iOS platform in South Africa. Here’s a breakdown of the top five apps based on their activity and download metrics.

OKX: Buy Bitcoin BTC & Crypto experienced a significant spike in weekly downloads, reaching over 26K in early October. However, this number gradually declined to a low of just over 200 by the end of December. The app also saw a decrease in weekly active users from around 24K to approximately 4.6K over the same period.

Luno: Buy Crypto and US Stocks maintained a steady increase in weekly downloads, peaking at 4.8K in early December. Its weekly active users grew consistently, starting from 37.8K and reaching a high of nearly 80K mid-December, before slightly dropping to around 70K by the end of the quarter.

EasyEquities showed a fluctuating download pattern, with a notable peak at just over 4K in the last week of December. The app’s weekly active users also saw an upward trend, growing from 61.8K to a peak of 79.9K mid-December before settling at around 72.6K by the end of the quarter.

MetaTrader 5 maintained a fairly stable download rate, with numbers hovering around 2K to 2.7K throughout the quarter. The app’s weekly active users showed a slight decline from 85.7K to about 65K by the end of December.

Binance: Buy Bitcoin & Crypto experienced an increase in downloads mid-quarter, peaking at 4.5K in mid-November. Active users also grew from 16.7K to a peak of 27.8K in early December, although this number tapered off to about 22.8K by the end of the year.

These insights, sourced from Sensor Tower, provide a glimpse into the dynamic landscape of financial apps in South Africa. For more detailed analytics, visit Sensor Tower's platform.