The latest monthly active users of brokerage apps have declined compared to the previous month, and they are increasing margin trading business to seek growth.

The monthly active data of brokerage apps is an important window to observe the willingness of investors to enter the market and the stickiness of brokerage users. The latest data from iResearch Qianfan shows that in February, the number of monthly active users of securities apps reached 170 million, although it decreased by 7.52% compared to the previous month due to factors such as the Spring Festival holiday, it still achieved a steady growth of 2.62% year-on-year. From the recent update and iteration of brokerage apps, many brokerages are actively increasing their margin trading business to expand potential customers and seize market opportunities.