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Automatically track Robinhood trades with Sharesight

September 15, 2021

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://www.sharesight.com/blog/automatically-import-robinhood-trades-into-sharesight/

Investors trading with US broker Robinhood can automatically import trades in stocks and ETFs to their Sharesight portfolio, giving them access to Sharesight’s award-winning performance, dividend tracking and tax reporting features. With support for more than 170 leading global brokers, plus automatically updated price and dividend information on over 240,000 stocks, ETFs and mutual/managed funds, Sharesight allows investors to effortlessly track all of their investments in one place.

Who is Robinhood Financial?

Established in 2013, Robinhood is a US-based broker with an online trading platform that offers ‘zero commission trading’ on US-listed securities. The platform has grown in popularity after offering commission-free trading in Bitcoin and other cryptocurrencies. Other key features include the ability to purchase fractional shares, as well as research tools such as earnings calendars and the ability to view the top 100 most popular stocks on the platform.

Why you should track your Robinhood trades with Sharesight

By importing your Robinhood trades to Sharesight along with the rest of your portfolio, you can effortlessly track the price and performance of your investments across different brokers, asset classes, markets and currencies – all in one place. Investors will also benefit from Sharesight’s 15 minute delayed pricing for key US markets, plus the ability to automatically track dividend payments, including dividend reinvestment plans (DRPs) and upcoming announced dividends. Access to a powerful range of reports such as Performance, Portfolio Diversity and Multi-Currency Valuation is just another reason that investors should consider using Sharesight to track their investment portfolio.

Import trades via Sharesight’s Trade Confirmation Emails feature

It’s easy to enable Sharesight’s Trade Confirmation Emails feature to begin automatically adding your Robinhood trades to your Sharesight portfolio. Read our Trade Confirmation Emails help page to get started, or watch our guide on how to enable Trade Confirmation Emails on YouTube.

image 1 trade confirmations

Note: Sharesight’s Trade Confirmation Emails feature does not support automatically importing Robinhood cryptocurrency trades as their trading confirmation emails do not provide us with enough data to correctly record the trade. However, you can still track these trades manually with Sharesight’s cryptocurrency tracking feature.

Start tracking your Robinhood trades with Sharesight

Thousands of investors like you are already using Sharesight to manage their investment portfolios. What are you waiting for? Sign up and:

Why leave it there?

To sign up for a FREE Sharesight account and get started tracking your investment performance (and tax) today

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