Based on monthly downloads, Robinhood is by far the most popular eTrading app in the United States. In every month since January 2017, Robinhood has seen more downloads than any of its main competitors. Downloads of the app spiked in early 2021, amounting over three million downloads per month in January, February, April and May of 2021 - although it should be noted that an increase was seen around this time for all eTrading apps. 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 downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app
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 26, 2021). Monthly number of downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/
Airnow. "Monthly number of downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app." Chart. August 26, 2021. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/
Airnow. (2021). Monthly number of downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/
Airnow. "Monthly Number of Downloads Selected Leading Apps That Allow for Online Share Trading in The United States from January 2017 to July 2021, by App." Statista, Statista Inc., 26 Aug 2021, https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/
Airnow, Monthly number of downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app Statista, https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/ (last visited November 12, 2024)
Monthly number of downloads selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app [Graph], Airnow, August 26, 2021. [Online]. Available: https://www.statista.com/statistics/1259908/etrading-app-downloads-usa/