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In the first quarter of 2022, the top 5 investing and financial management apps on Android in Egypt demonstrated varying trends in weekly downloads, revenue, and active users. Based on data from Sensor Tower, here's a detailed look at how each app performed:
ExpertOption - Mobile Trading saw a significant fluctuation in weekly downloads. The app started the quarter with 8K downloads and peaked at 16.5K in the week of January 10. The downloads then decreased and settled around 13.8K by the end of March. Weekly active users for the app followed a similar pattern, starting at 12.9K and reaching a high of 23.5K mid-January, before stabilizing at approximately 21.9K by the end of the quarter.
Olymp Trade - trading online experienced a steady increase in weekly downloads, beginning at 4.7K and peaking at 11.1K in the week of March 21. Weekly active users also showed consistent growth, starting at 32K and reaching 43.9K by the end of the quarter.
Thndr: Invest your money had a notable rise in weekly downloads, particularly in the first half of the quarter. Downloads surged from 4.4K in late December to 11.5K by the end of January. Although there was a dip mid-quarter, downloads picked up again, ending at 6.7K in late March. Weekly revenue for Thndr was relatively stable, with minor fluctuations, averaging around $66. Active users saw an upward trend, reaching a peak of 29.6K at the end of January and stabilizing around 26.6K by the end of March.
IQ Option – Trading Platform displayed an interesting pattern in weekly downloads. The app started with 3.7K downloads and saw a massive jump to 13.8K by the week of March 21. Active users also increased significantly, starting at 24.3K and peaking at 50.8K by the same week.
Binance: Buy Bitcoin & Crypto had a steady weekly download rate, beginning at 2.9K and reaching 5.3K by mid-February. Downloads then slightly decreased, ending at 3.6K by the end of March. The app's weekly active users showed a slight decline, starting at 13.4K and stabilizing around 12.1K by the end of the quarter.
For more detailed insights and trends, visit Sensor Tower.