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AI Insights · Timothy · January 2025

Top 5 Investing Apps on Android in South Africa Q4 2024

Explore the performance trends of the top 5 investing and financial management apps on Android in South Africa during Q4 2024, with insights from Sensor Tower.

Top 5 Investing Apps on Android in South Africa Q4 2024

In the fourth quarter of 2024, the top investing and financial management apps on the Android platform in South Africa showed varied performance trends. Here's an overview of the top five apps:

OKX: Buy Bitcoin BTC & Crypto saw a significant fluctuation in weekly downloads, starting strong with 66.5K in early October before declining to just over 1K by the end of December. Active users followed a similar pattern, peaking at 54.5K in early October and dropping to 16.8K by the end of the quarter.

Pocket Broker maintained a more stable performance. Weekly downloads reached a high of 32.8K in late October before stabilizing around 10K by the end of the year. Active users showed an initial increase, peaking at 93.3K in late October, then settled around 75.5K.

Exnova - Mobile Trading App exhibited a notable rise in downloads towards the end of the quarter, climbing from 0.8K in late October to 27.1K by late December. By the last week of December, active users reached 38.8K.

MetaTrader 5 — Forex, Stocks experienced a gradual decline in downloads from an initial 13.9K to 10.3K by the end of the quarter. Active users also decreased from 418.9K at the start of the quarter to 305.6K by the end.

BROKSTOCK Investment & Trading saw a consistent increase in both downloads and active users. Downloads rose from 11.7K in early October to 24.9K by the end of December. Active users increased from 38.3K to 58.3K over the same period.

These insights, sourced from Sensor Tower, provide a detailed view of the performance of top financial apps in South Africa. For more comprehensive analytics, visit Sensor Tower's platform.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: January 2025