★ BEST INVESTING TOOLS COMPARISON ★
VOL. XCIV, NO. 247
Tool details checked July 22, 2026
Tool Comparison
TradeLog vs Wealthfolio
Pick TradeLog if
TradeLog
From $219/yr · Desktop
- You care about tax lots / lot optimization, wash sale detection, and downloadable tax reports, things Wealthfolio doesn't offer
- You trade often and need tooling built for speed
Pick Wealthfolio if
Wealthfolio
Free • From $3.99/mo · Desktop · Mobile · Web
- You'd rather start free and only pay if you outgrow it
- You want the cheaper way in: plans start at $3.99/mo instead of $18.25/mo
- You do a lot of your research from your phone
Skip both if: Neither one clicks with how you research; there are strong third options.
See alternativesOutbound links may include affiliate or sponsor codes.
Our take
The bottom line
TradeLog and Wealthfolio cover a lot of the same ground (3 shared categories, portfolio, data visualizations, and broker connectors), so for the basics you won't go far wrong with either. The real difference is focus: only TradeLog gives you tax lots / lot optimization and wash sale detection, and only Wealthfolio gives you performance attribution and risk metrics.
What readers say
TradeLog
Vote once to reveal the community verdict.
Wealthfolio
Vote once to reveal the community verdict.
Key differences at a glance
- Free plan
- Wealthfolio
- Cheaper paid plan
- Wealthfolio$3.99/mo vs $18.25/mo
- Free trial
- TradeLog30 days
- Mobile app
- Wealthfolio
- Beginner friendly
- Wealthfolio
See for yourself
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.ShowHide
How they stack up
The side-by-side table: pricing, platforms, data, and coverage at a glance.| Attribute | ||
|---|---|---|
| Pricing & plans | ||
Starting price | From $219/yr | Free • From $3.99/mo |
Free tier | No | Yes |
Free trial | 30 days | — |
Plan limits | 9 limits: 30-Day Free Trial: finalized tax reports: 0, 30-Day Free Trial: duration days: 30 +7 more | 6 limits: Core app: broker sync: Not included, Core app: device sync: Not included +4 more |
| Platforms & access | ||
Web app | No | Yes |
Desktop app | Yes | Yes |
Mobile app | No | Yes |
API access | No | No |
Broker sync | Yes | Yes |
Integrations | Supported broker file imports, BrokerConnect for selected brokers +3 more | SnapTrade and Docker |
| Audience & fit | ||
Experience level | Intermediate, Advanced | Beginner, Intermediate, Advanced |
Best for | Retail Traders, Pro Retail +2 more | Retail Traders, Pro Retail +3 more |
Categories covered | 6 | 8 |
Regions | North America | — |
| Data & capabilities | ||
Data quality | — | Pricing: Vendor and Manual and Multi-currency |
Data partners | — | SnapTrade |
Capabilities | 4 signals: Broker sync, Tax lots +2 more | 7 signals: Performance attribution, Monte Carlo +5 more |
| Try it | Visit TradeLog | Visit Wealthfolio |
Where each one shines
What TradeLog and Wealthfolio each do best.ShowHide
Where each one shines
What TradeLog and Wealthfolio each do best.What TradeLog does best
- Maintain one local TradeLog data file per taxpayer and tax year with trade history from multiple brokerage accounts, including IRAs.
- Import actual trade history through supported broker files, selected BrokerConnect connections, Excel-compatible files, or manual entry when the necessary transaction fields are available.
- Identify and adjust wash sales for stocks, options, and short sales across accounts, including IRA wash sales and deferrals carried into the next tax year.
- Generate Form 8949 details for Schedule D after required year-end holdings verification and gross-proceeds reconciliation against broker Forms 1099-B.
- Prepare Form 6781 details for supported Section 1256 contracts and, on Trader or Elite, Form 4797 and Section 481 details for eligible Section 475 mark-to-market traders.
What Wealthfolio does best
- Track investments across accounts with holdings, activities, income, allocation, benchmarks, true time-weighted returns, money-weighted returns, and multi-currency support.
- Keep net-worth assets and liabilities, spending, budgets, savings goals, contribution limits, and portfolio planning in the same local-first application.
- Model retirement and FIRE goals with year-by-year projections, Monte Carlo simulations, stress tests, and sensitivity analysis.
- Run the AGPL-3.0 application on macOS, Windows, Linux, or native iOS, or deploy the web edition on infrastructure you control with Docker.
- Use manual entry and CSV import for free without a Wealthfolio account or subscription.
Every detail we compared
Every tracked attribute for TradeLog and Wealthfolio, side by side.ShowHide
Every detail we compared
Every tracked attribute for TradeLog and Wealthfolio, side by side.| Attribute | ||
|---|---|---|
| Coverage & fit | ||
Asset types | StocksETFsMutual FundsBondsOptionsFuturesCurrenciesCryptos | StocksETFsMutual FundsBondsCurrenciesCryptosReal EstateOther |
Experience | IntermediateAdvanced | BeginnerIntermediateAdvanced |
Target audience | Retail TradersPro RetailDay TradersSwing Traders | Retail TradersPro RetailLong-term InvestorsDividend InvestorsIndex/Passive Investors |
Regions | North America | Not specified |
Coverage details | Countries: USIdentifiers: Ticker | Identifiers: Ticker and ISIN |
| Data | ||
Pricing sources | Not specified | VendorManual |
Data partners | Not specified | SnapTrade |
| Access & integrations | ||
Import methods | CSVBrokerOAuthManual | CSVBrokerOAuthManual |
Integrations | Supported broker file importsBrokerConnect for selected brokersTurboTaxTaxActH&R Block | SnapTradeDocker |
Export formats | PDF | CSVJSON |
| Plans & trust | ||
Capability signals | Broker syncTax lotsWash sale detectionCost basis: FIFO and SpecificLot | Performance attributionMonte CarloBroker syncPortfolio attributionRebalancingMulti-currencyCost basis: FIFO |
Vendor & support | Cogenta Computing, Inc.Country: United StatesFounded 1999Support: Email and Phone | Teymz Inc.Country: CanadaSupport: Email and Forum |
Green tags are exclusive to that tool in this comparison.
What you'll actually pay
Plans, billing, trials, and per-month pricing for both tools.ShowHide
What you'll actually pay
Plans, billing, trials, and per-month pricing for both tools.| Tier | ||
|---|---|---|
| Free plan | — | Free“Core app”broker sync: Not included · device sync: Not included |
| Entry paid plan | $219/yr≈ $18.25/mo“Investor”trade records: 1,500 · included file keys: 1 | $3.99/mo“Connect Basic”devices: 3 · institution connections: 0 |
| Tier 2 | $359/yr≈ $29.92/mo“Trader”trade records: 5,000 · included file keys: 1 | $7.99/mo“Connect Essentials”institution connections: 5 |
| Top plan | $459/yr≈ $38.25/mo“Elite”trade records: More than 5,000 · included file keys: 1 | $12.99/mo“Connect Duo”institution connections: 12 |
| Free trial | 30 days | — |
Questions we keep getting
What's the difference between TradeLog and Wealthfolio?
TradeLog leans toward portfolio, data visualizations, and tax lots / lot optimization, while Wealthfolio puts more weight on portfolio, data visualizations, and performance attribution. They overlap in 3 categories, so for most people it comes down to workflow preference and price.
Is TradeLog or Wealthfolio free to use?
Wealthfolio has a free tier, so you can get started without paying anything. TradeLog is paid-only. If budget matters, start with Wealthfolio and see how far it takes you before opening your wallet.
Which is better for beginners: TradeLog or Wealthfolio?
Wealthfolio is the friendlier place to start; its interface takes less getting used to. Both work fine once you're past the basics.
Can I use TradeLog or Wealthfolio on my phone?
Wealthfolio lists a dedicated mobile app, so it travels better. TradeLog doesn't list a dedicated mobile app; its documented access is desktop.
Should I choose TradeLog or Wealthfolio?
It depends on what you're after. Pick TradeLog if tax lots / lot optimization and wash sale detection matter to you; go with Wealthfolio if you'd rather have performance attribution and risk metrics. And if you only need the basics both share, let price decide.
What asset classes do TradeLog and Wealthfolio cover?
Both cover stocks, ETFs, mutual funds, and bonds. TradeLog also handles options and futures. Wealthfolio adds real estate and other on top.
Can I export data from TradeLog and Wealthfolio?
Wealthfolio exports to CSV. TradeLog is stingier about getting data out.
Can TradeLog or Wealthfolio connect to my broker?
Yes, both connect to brokers, so your portfolio syncs automatically instead of you keying in every trade.
Is TradeLog or Wealthfolio better for day trading?
TradeLog is the one positioned more for active traders. Wealthfolio is the better fit if you care less about fast trading workflows and more about a calmer research process.
Can I track my portfolio with TradeLog or Wealthfolio?
Yes, both do portfolio tracking: holdings, performance, and allocation in one place.
Keep researching
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Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.