The trading sector is widely known for its highly competitive and ruthless nature, where only a minority of traders manage to generate profits, and an even smaller number can claim trading as their main source of income. What does this Kinfo review have to do with that?
Kinfo is one of the only investing software that aims to establish a mutually advantageous connection between bloggers and investors. Although other “social trading apps” exist in the market, the most popular ones are not independent of brokers and do not prioritize retirement savings.
Kinfo allows you to see the portfolios of successful, experienced investors. It doesn’t offer automatic copy trading but shows users the exact amounts of assets in a portfolio. Kinfo will never tell you what
Table of Contents
Kinfo Review of the Platform
The 2017-released Kinfo is a social investment software that logs and monitors your trading results. You might also view the investments made by other traders in their portfolios.
With information on transactions and assets, Kinfo precisely computes trading success indicators and provides a seamless interface with the top US brokers. This Kinfo review is going to delve into this app and how to use it to your advantage.
What Does Kinfo Do?
- Kinfo keeps tabs on your trading performance by determining important trade measures and displays the results.
- It provides exceptional insight by thoroughly analyzing your transactions and displaying all relevant facts for each trade you’ve made.
- You can see the portfolios of other traders who have been successful before you.
- You will be notified whenever a trade is made by one of your preferred traders.
What else can this Kinfo review tell us?
Kinfo Review of How It Works
If you want to know how well you’re doing as a trader, regardless of your skill level or experience, there are some metrics you can utilize in this Kinfo review. On the My Portfolio tab, you can immediately see important metrics such as your overall profit, average gain (in dollars and percentages), and winning trades (in percent).
What kind of person is it created for? Any trader who wants to be serious about their trading should use Kinfo. You can’t succeed as a newbie, swing trader, long-term trader, or day trader without tracking your results.
Kinfo Review of the Pro’s
- You will have a chance to watch how top traders perform and what methods they use.
- Kinfo allows you to use it as a portfolio tracker and monitor your trading performance alone, or you can join the leaderboard and share your results.
- Kinfo uses top-notch security and encryption techniques.
- It is possible to create many portfolios for Kinfo. You can put all your assets in one portfolio or make a different one for each investment account. How you set up your accounts is completely up to you. The beauty of using Kinfo is that you can merge all your trading accounts into one. That way, all your purchases will be in one place, and you can look at them closely.
- User-friendly app.
- You can connect Kinfo to a broker with ease. The app is compatible with a wide range of brokers.
Here’s a Kinfo review of some of the brokerages currently supported by them:
Kinfo Review of the Con's
- Unfortunately, using Kinfo to its fullest extent depends upon your brokerage being included among their accepted brokers.
- Inadequate client support. Although there is no toll-free number available, visitors to the website can speak with an agent through the live chat feature. You can leave your email address, and someone will contact you if no one can help immediately.
- The website has a basic design.
- There is a lack of resources that could teach you the ins and outs of stock trading.
- Occasionally, a Kinfo review finds the app may experience issues and crash.
What Is the Cost of Kinfo?
Kinfo is free in the App Store, Google Play, and the website. The free version has all the tools you need to track how well your trading is going. For a fee, you can upgrade to The PRO level, which has more tools for keeping a journal, reporting, analytics, and social features.
Our Kinfo review also finds that they’re compatible with:
- Mac: Requires macOS 11.0 or later and a Mac with Apple M1 chip or later
- iPhone: Requires iOS 14.0 or later
- iPad: Requires iPadOS 14.0 or later
- iPod touch: Requires iOS 14.0 or later
- Apple Vision: Requires visionOS 1.0 or later.
- Android 7.0 or later
Check out the App if you’re looking for a good trading app to use.
Is Kinfo Secure?
You don’t have to worry about safety in this Kinfo review because Kinfo is safe. They won’t keep or use any information about your trading account. A third-party broker called “TradeIt” makes this possible.
Furthermore, they use 256-bit encryption. KINFO will only read your brokerage info. They can’t change anything or do any business.
Also, you don’t have to use your real name. A nickname you give can be used as an alias to hide your identity.
Does Kinfo Have 24/7 Support?
Although there is no toll-free number available, visitors to the website can speak with an agent through the live chat feature. You can leave your email address, and someone will contact you if no one can help immediately. Let’s continue with this Kinfo review.
Kinfo Review of Competitors
Kinfo was one of the first social business platforms, but it now must deal with competition from other platforms that do the same thing. Here is a quick Kinfo review of those platforms.
- Tornado: A platform built by people with experience in the hedge fund business to make smart investing easier. It gives you information and analysis and helps you make better financial choices. Ex-Wall Street analysts can help you find the best way to diversify your wealth. All you have to do is ask them about your stocks.
- PiperKoi: This is where named companies, their shareholders, and people who aren’t shareholders can meet. Listed company owners and people who aren’t shareholders can talk to each other through chat, question-and-answer sessions, and private video updates. Encourages openness and gives shareholders a place to voice their complaints to improve investment chances.
- SOCTR: A social networking site where stockholders can connect and sell stocks. Before they buy or sell stocks, traders can look at things from different points of view and keep up with news in their field. It also gives them tools to help them figure out when to get out of a stock trade that is losing money.
- Genius Method: Members of this online community can post and read about money-saving tips. They offer a way to trade without taking risks and private ways to talk about market monitoring. Offers services like consultations, training, and licensing to determine someone’s personality, skills, and potential.
App Reviews
Gives a 5/5 rating
“Holds you accountable” It puts all your trades past, present and future at your figure tips no matter when you signed up. Was eye opening realizing exactly why I was in the red and not as much as I thought I was but still red. That will change, I’m sure that I can see exactly when I should have cut losses and if I did back then I would still have my PnL ratio but would be green.”
Gives a 5/5 rating
“I love this app. Great way to look into people and see how they trade daily. It motivates me to learn more and see their strategy and how they approach the market. Just perfect app!
I hope some of these people on this app could collaborate and create an app that tells people which stock they are looking at, and which has potential daily. Like the float. Cap. Etc…”
Gives a 2/5 rating
I love the app and the UI; unfortunately, it crashes on my pixel Android often. I wish I could use it more. Unfortunately, the problem occurs too frequently.”
Gives a 4/5 rating
“Limited broker options for crypto, but still 4 stars because of their fast response to my concerns”.
Final Thoughts: Kinfo Review
Kinfo is a unique idea. This Kinfo review gives a lot of good information. Get the Kinfo App if you’re curious about your trading performance compared to others. While you’re still learning the ropes of the stock market and honing your trading abilities, is it satisfying to see your fellow traders make it big? This trading tool could be useful to you if that’s the case.
Frequently Asked Questions
A Kinfo review finds that they're a social trading app that tracks your stock performance and that of your favorite traders.
Kinfo is free to use.
You can link your Robinhood account to Kinfo.
You have to go into your mobile app to delete your account. You can also send a request from the app and the website to delete the account.