KINFO Review
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Price
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Ease of Use
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Features
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Brokerage Compatibility
Summary
Are you a long-term investor? Then you may have heard of KINFO. KINFO is a mobile app that allows long-term investors to track profits and losses. With the ability to link multiple brokerage accounts and an additional social investing component, KINFO has many in the market talking. So, is KINFO as good as it sounds? Before you buy, read our in-depth review of KINFO and learn what you need to know.
About Kinfo
Kinfo is a social investing app designed to help long-term investors track their profits and losses. The Kinfo mobile app differentiates itself from what most brokerages offer in two ways. First, you can link multiple brokerage accounts into a single portfolio to make it easier to track your trades. Second, Kinfo has a social component that allows you to follow fellow traders and peek into their top stock holdings.
The app has some shortcomings, including a lack of timeframe options and limited analysis capabilities. But it’s completely free to use and can make trading a little bit less of a lonely game.
In our Kinfo review, we’ll help traders decide if this app can help them track their success.
Plans and Pricing
Kinfo is free to use and doesn’t have any premium features at this time. It’s available in the Google Play and Apple App stores for Android and iOS devices, respectively.
Kinfo Features
Performance Tracking
The main reason to use Kinfo is to track the performance of your investments.
While most brokerages have a feature that allows you to do this, the advantage to Kinfo is that you can sync all of your brokerage accounts (including retirement accounts) into a single portfolio. That lets you monitor your total average gain or loss across all of your trades and investments, regardless of what brokerage account they were placed in. So, you can see your total portfolio value over time and get a holistic overview of how well your investment strategy is working.
Most of the profit and loss metrics that the mobile app includes are standard fare. For example, you can see your total realized gain and total realized loss across investment accounts, as well as the number of winning trades and losing trades you’ve made. Interestingly, Kinfo does not provide information about unrealized gains or losses, so it can be hard to know how your portfolio is actually doing at any given time.
That said, one neat aspect of Kinfo’s performance tracking capabilities is that you can see all of your positions for a given stock over time. The app will even plot your entry and exit points on a chart (although not a technical chart).
Social Investing
Kinfo also puts a heavy emphasis on social investing. You can view many of the same investment performance metrics for all other Kinfo users as you can for your own profile. That includes their average percent gain over a chosen timeframe, their top 10 portfolio holdings by value, and even their entry and exit points for recent trades.
In theory, Kinfo can display trade data for not only individual investors, but also hedge funds, stock analysts, and corporate insiders. However, there aren’t a ton of users in the Kinfo community at the moment and it’s not clear that professional investors would get much utility out of Kinfo.
We’ve seen services like eToro. Profitly, and Nvstr add similar social components, and the value of a social investing app really comes down to how popular it is with users. If there aren’t enough people using the social features, it’s hard to get much out of them. In any case, the idea of reviewing and copying the success of top traders seems like a great idea, but it can be hard to gain investing knowledge simply from seeing what trades others have made.
Kinfo’s social investing tools are also pretty basic. You can’t sort the feed according to a specific stock to gauge sentiment around a company. There’s no chat function in the app, which puts a serious cap on how social it actually is. Kinfo also doesn’t enable users to leave notes or comments on their trades, so it’s impossible to know the rationale behind a particular investment.
Kinfo Platform and Ease-of-Use
Kinfo is only available as a mobile app for iOS and Android devices. The Kinfo website enables you to create a Kinfo account, but you’ll have to download the app to access any of the platform’s features.
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Kinfo’s layout is fairly standard for a mobile app in that the pages can be accessed from a menu at the bottom of the screen. Scrolling through your own portfolio metrics is simple, although there’s no way to dig into them or export data for a custom analysis. It would be nice to see a journal function incorporated into the app to allow you to make comments about specific entry and exit points for trades, but that doesn’t exist.
One thing to note is that you can only switch between one-month, three-month, and one-year timeframes for portfolio performance metrics. That’s a bit limiting considering that Kinfo appears to be targeting long-term investors, who may want to gauge past performance over much longer timescales. A swing trader may find those timeframes more informative, but the one-month minimum timeframe is likely too long to be useful for a day trader.
Kinfo Compatible Brokerage Accounts
Kinfo can sync with a number of major retail brokerage firms, including Fidelity, Robinhood, E-Trade, Charles Schwab, TD Ameritrade, and more. The app will attempt to pull in historical trade data from your account, but depending on the brokerage this may be severely limited or not available at all.
Kinfo Platform Differentiators
The main thing that sets Kinfo apart from the performance tools included with most brokerage accounts is that the app can sync your data across multiple brokerages. In that sense, it’s best for investors who want to look at all of their trade data, potentially including trades in retirement investing accounts, on a single screen. The ability to look at entry and exit points for a single stock is also a major advantage for Kinfo, although without technical charts or comments it’s hard to turn this into actionable information.
Many traders who are interested in Kinfo might be better served by a trading journal, which lets you record more details about why you made a trade. Many trading journals also let you break down your investment performance by strategy, so you can see what’s working and what’s not.
Check out reviews of other trading journals to see which is best for you:
- Tradervue Review (Comprehensive Reporting)
- Tradersync Review (Feature-Rich)
- Chartlog Review (Great Charts)
- Edgewonk Review (Desktop Platform)
- Profit.ly Review (Great Community)
- Trademetria Review (Multiple Assets)
What Type of Trader is Kinfo Best For?
Kinfo is best for long-term investors who want to link multiple brokerage accounts. The app is especially helpful if the performance analysis tools available in your brokerage account are limited in scope. The shortest timeframe that Kinfo displays data for is one month, so it’s less than ideal for day traders and short-term traders.
Pros
- Sync performance data from multiple brokerages
- See entry and exit points on a basic chart
- Social investing allows you to see how other traders are performing
- Free to use
Cons
- Limited selection of timeframes for analysis
- No chat functions or stock search included in social features
- Lacks a journal function to comment on trades
