Based on monthly active users, Robinhood is by far the most popular eTrading app in the world. As of July 2021, there were over 7.3 million Robinhood users - over double the users of second-placed WeBull. User numbers spiked in early 2021, reaching a peak of over nine million in May 2021. The timing of this spike in popularity is likely influenced by the media attention paid to retail investors, generally using eTrading apps, coordinating their activity via social media to drive up the stock price of companies such as GameStop and AMC Entertainment.
Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app
(in 1,000s)
Characteristic
Robinhood
WeBull*
Fidelity Investments
E*TRADE
eToro
Schwab Mobile
TD Ameritrade
Merrill Edge
Interactive Brokers
TradeStation
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* Excludes the Chinese version of the app, however this accounted for less than 5,000 downloads in July 2021.
The numbers provided are from a tracking website that noted the number of downloads for individual apps from September 2014 onwards. Earlier figures are not available, as the tracker did not exist during this time.
The figures provided cover download figures for both Android as well iOS.
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Airnow. (August 25, 2021). Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app (in 1,000s) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/
Airnow. "Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app (in 1,000s)." Chart. August 25, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/
Airnow. (2021). Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app (in 1,000s). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/
Airnow. "Monthly Number of Active Users Selected Leading Apps That Allow for Online Share Trading Worldwide from January 2017 to July 2021, by App (in 1,000s)." Statista, Statista Inc., 25 Aug 2021, https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/
Airnow, Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app (in 1,000s) Statista, https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/ (last visited September 01, 2024)
Monthly number of active users selected leading apps that allow for online share trading worldwide from January 2017 to July 2021, by app (in 1,000s) [Graph], Airnow, August 25, 2021. [Online]. Available: https://www.statista.com/statistics/1259822/global-etrading-app-monthly-active-users/