Based on monthly active users, Robinhood is by far the most popular eTrading app in the United States. As of July 2021, there were over 7.3 million Robinhood users - more than three times 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 of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app
(in 1,000s)
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Airnow. (August 26, 2021). Monthly number of active users of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app (in 1,000s) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/
Airnow. "Monthly number of active users of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app (in 1,000s)." Chart. August 26, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/
Airnow. (2021). Monthly number of active users of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app (in 1,000s). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/
Airnow. "Monthly Number of Active Users of Selected Leading Apps That Allow for Online Share Trading in The United States from January 2017 to July 2021, by App (in 1,000s)." Statista, Statista Inc., 26 Aug 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/
Airnow, Monthly number of active users of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app (in 1,000s) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/ (last visited November 13, 2024)
Monthly number of active users of selected leading apps that allow for online share trading in the United States from January 2017 to July 2021, by app (in 1,000s) [Graph], Airnow, August 26, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1259920/etrading-app-monthly-active-users-usa/
