Top 5 Investing and Financial Management Apps in Australia Q2 2023

In Q2 2023, the top 5 investing and financial management applications on the unified platform in Australia showed varied performance across downloads, revenue, and active users. Here’s a closer look at each app based on Sensor Tower data.

Webull: Stocks, ETFs & Options experienced fluctuations in its weekly downloads, peaking at approximately 16K in late April and then gradually declining to around 1.6K by the end of June. The app's weekly revenue saw a notable increase, reaching around $845 in mid-June. Active users fluctuated slightly but remained relatively stable, averaging around 1K.

Binance: Buy Bitcoin & Crypto had a steady decline in weekly downloads from approximately 7.2K at the end of March to about 3K by the end of June. The app's active users also showed a downward trend, starting at around 78K and ending the quarter with approximately 60K.

CommSec maintained a consistent performance in weekly downloads, fluctuating between 4.2K and 5.8K. Active users remained robust, averaging around 240K, with a peak of approximately 256K in the final week of June.

Plus500 Trading Platform experienced stable weekly downloads, ranging from 3.7K to 4.9K. Active users for the app were steady, averaging around 23K throughout the quarter, with a slight increase towards the end of June.

Raiz - Invest The Spare Change saw its weekly downloads peak at approximately 5.1K in late April, followed by a decrease to around 3.6K by the end of June. Active users showed a slight decline from around 81K in April to about 77K in June.

For more detailed insights and data, visit Sensor Tower.