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In the second quarter of 2023, the top 5 investing and financial management applications on the Android platform in Ecuador demonstrated varying trends in downloads and active user metrics. Here's a detailed look at their performance:
IQ Option – Trading Platform saw a notable fluctuation in weekly downloads, starting at approximately 2.9K at the end of March and peaking at around 10.7K in early May. The app's weekly active users rose from about 31.2K to 45.9K by the end of June, indicating a strong growth in user engagement.
Exnova - Mobile Trading App experienced a decline in weekly downloads from around 8.7K in mid-April to a low of 155 in early June, before recovering to 5.8K by the end of the quarter. Active users followed a similar pattern, peaking at 16.6K in the last week of June, up from 7.7K at the beginning of the quarter.
XM - Trading & Investment had a significant increase in weekly downloads, reaching over 8.6K in early June from a low of 66 in early May. Active users also surged, peaking at approximately 11.4K in early June before dropping to around 3.3K by the end of the month.
Libertex: Trade Stocks & Forex showed a consistent download rate, with numbers hovering around 3K per week until early June, when downloads dropped significantly. Active users saw a decline from about 11.9K in late March to roughly 6.1K by the end of June.
Binance: Buy Bitcoin & Crypto maintained a steady download rate, with weekly downloads fluctuating between 1.8K and 2.8K throughout the quarter. The app's active users showed a slight decline, starting at around 24.1K at the end of March and decreasing to 20.7K by the end of June.
These insights are based on data from Sensor Tower. For more detailed analytics and performance trends, visit Sensor Tower.