Sharesight Alternative: When to Switch, and When Not To

Sharesight is the best portfolio tax reporting tool most investors will ever use. If you are looking for a Sharesight alternative because you have hit a wall with it, it is worth being clear about which wall, because for a lot of people the honest answer is that nothing else does what Sharesight does.

This page is a fair look at where it is genuinely excellent, where it stops, and what to use instead when it stops. If you want the wider field rather than a head to head, our comparison of six portfolio trackers covers more ground.

What Sharesight is genuinely best at

Four things, and they are not small.

Tax reporting. Taxable income reports, sold securities, realised and unrealised capital gains. For Australian and Canadian tax residents there is a proper capital gains report that applies the actual jurisdiction rules. Franking credits are tracked automatically and flow into ATO reporting. Almost nothing else at this price does that.

It separates currency gain from capital gain. Sharesight breaks your return into three parts: dividend gain, market gain, and currency gain. If you hold foreign shares, that distinction is the difference between knowing your stock picking worked and knowing the exchange rate flattered you. This is genuinely better than most trackers, including ours, and if it is the thing you care about most, stay where you are.

Coverage. Sharesight advertises over 700,000 instruments across more than 60 markets, and imports from what it describes as 200 plus brokers, some by direct connection, many by parsing the contract notes you forward to a dedicated portfolio email address, the rest by CSV.

Dividends. Automatic detection across covered exchanges, with dividend reinvestment handled automatically for ASX and NZX holdings.

What Sharesight costs in 2026

Pricing is set per region, and the tier names differ too, so check your own country's page rather than trusting a comparison article. Two examples:

Australia also has a standalone Tax Pack at $59 a year, one portfolio, unlimited holdings, Australian tax reports only. If tax time is the only reason you want Sharesight, that is the cheapest honest way in and it is often overlooked.

The four limits that actually make people leave

1. The holdings caps bite early

Ten holdings on the free plan. Thirty on the cheapest paid plan. Thirty sounds generous until you count: a dozen individual shares, a few ETFs, a couple of funds, some crypto, and you are at the ceiling. The jump to unlimited is the Standard plan, which is two to three times the price of Starter depending on your country.

This is the single most common reason people go looking for something else, and it is worth naming plainly rather than pretending the objection is about features.

2. Alerts are email, not push

Sharesight will email you about things. What it does not appear to offer is a price target you set on a holding that pushes you a notification the moment it is crossed. A target price alert has been requested by users and we could not confirm it has shipped.

If your mental model is "tell me when something happens", Sharesight is not built for that. It is built for you to go and look, usually at the end of a quarter or a tax year.

3. The mobile app is read only

Sharesight has a free companion app for iOS and Android, and it is a viewer. You cannot add or edit a trade from it. If you buy something on your phone during a lunch break, you are making a note to enter it later on a laptop, and later is when things get forgotten.

4. The jurisdiction capital gains report is Australia and Canada only

This is the one that catches people out, because tax reporting is Sharesight's headline. Every region gets income and trade reports. The capital gains report that applies real local tax rules is documented for Australian and Canadian portfolios. If you are in the UK, the US, New Zealand or the EU, check exactly which reports your tax residency gets before you subscribe on the strength of the tax reputation.

The thing that actually decides it

Sharesight is a record keeping and tax product. You feed it what happened and once a year it hands you something you can give an accountant. Judged on that job it is excellent.

What it is not is a monitoring product. It will not wake you up. If the question in your head is "what is my portfolio doing right now, and tell me if something moves", that is a different tool, and no amount of tax reporting depth substitutes for it.

Most people who churn off Sharesight were never unhappy with Sharesight. They wanted the other job done.

When Sharesight is the right answer

Stay if most of these are true:

• You are a buy and hold investor and you check in monthly, not daily.
• You are an Australian or Canadian tax resident, or you need franking credits handled properly.
• You want currency gain reported separately from capital gain.
• You hold across several brokers and want one consolidated, currency aware performance history.
• Your holdings fit inside thirty, or the Standard price is fine with you.
• You do not need to be told when something moves.

Where PortfolioTrackr is different

We built for the other job. Here is the straight version, including where we are behind.

Alerts, which is the real difference

Price targets and stop loss levels, delivered by browser push, mobile push, email, WhatsApp, Telegram, and SMS in the US and UK. Channels vary by plan. Being told on WhatsApp that a stop level broke while you were in a meeting is a different product experience from opening a dashboard and finding out.

An app you can actually type into

Native iOS and Android apps where you add and edit positions, not just read them. If a broker has no API, photograph your holdings screen and the importer reads it, in any language, and works out long versus short on its own. That importer is on the trial, Pro and Lifetime plans, not Starter.

Pricing that stops

Three day trial with no card, then Starter at $9 a month, Pro at $19, or $299 once for Lifetime. Against a subscription at roughly $23 to $49 a month, a one off payment pays for itself inside a year or two and then costs nothing, forever.

Exchanges and currencies

Around fifty venues, each mapped to its own currency rather than assumed to be dollars, covering New York and Nasdaq, Toronto, London, Xetra and the German regionals, Euronext, Milan, Madrid, SIX Swiss, the Nordics, Tokyo, Hong Kong, Singapore, Seoul, Shanghai, Shenzhen, India, the ASX, Sao Paulo, Johannesburg, Tadawul, ADX and DFM, plus crypto and the main commodity contracts. Every portfolio has a base currency you choose. Where no exchange rate exists for something you hold, we exclude it from the combined total and say so on screen rather than converting it at an invented rate.

Tax

A realised capital gains report using FIFO lot matching, including the short and long term split, exportable to CSV and PDF, on Pro and Lifetime.

Where Sharesight beats us

Four things, plainly.

• Tax depth. Their jurisdiction specific capital gains reporting and franking credit handling is deeper than ours. If you are an Australian investor and tax is your main reason for using a tracker, Sharesight is the better buy.
• Currency gain as its own number. They report it separately. We convert correctly and disclose what we cannot convert, but we do not break the return into market gain versus currency gain the way they do.
• A real free tier. Ten holdings, free forever. We have a three day trial and then you pay.
• Broker import breadth. Their email contract note parsing covers a long tail of brokers that no API reaches.

One thing that is not a difference: neither of us gives you real time exchange prices. Both carry the delay the exchanges impose on consumer products. Anyone claiming otherwise at these prices is worth a second look.

Side by side

The short version

Sharesight is a tax and record keeping product and it is very good at that job. Its limits are the holdings caps on the cheaper plans, email rather than push alerts, a read only mobile app, and a jurisdiction capital gains report that covers Australia and Canada.

If you are a buy and hold investor who needs clean numbers at tax time, stay. If what you actually want is to be told when something moves, and to add a trade from your phone while you are standing in the street, that is a different tool. Ours, or something like it. Our guide to the best portfolio tracker app covers the mobile side, and the six tracker comparison puts both of us next to Kubera, Delta, Empower and Yahoo Finance.

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