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A lower-cost Sharesight alternative for Australian investors

Sharesight is a capable, established tracker. Metrifly covers the Australian tax ground serious investors need — parcel-level CGT, franking credits, AMIT, foreign income and entity-aware reporting — while keeping a free dividend-tracking tier and reaching full portfolio-tracking tax plans from $7/mo billed annually.

Free forever · No credit card required

FeatureMetriflySharesight
Pricing
Free tier$0 · 1 portfolio · 10 holdings · dividend tracking$0 · 10 holdings · no tax report
Plan with tax reportingStarter — $7/mo billed annually ($9 monthly) · 1 portfolio · unlimited holdingsStandard — $29/mo billed annually ($38.67 monthly)
Standalone tax add-onNo standalone add-on · tax reports included from StarterTax Pack — $59/yr · 1 portfolio AU tax reports
Multi-portfolio planStandard — $12/mo billed annually ($15 monthly) · 3 portfolios · unlimited holdingsStandard tier and up
AU Tax
AU CGT report + 50% discountSupportedSupported
Entity-aware (Individual / Company / Trust / SMSF)SupportedSupported
Sale-allocation methods (FIFO / LIFO / minimise …)SupportedSupported
Franking credits + franked/unfranked splitSupportedSupported
AMIT / trust distributionsSupportedSupported
Foreign income / FITOSupportedSupported
ATO myTax reportSupportedSupported
Assets & Coverage
Crypto assetsSupportedSupported
Multi-currency / FXSupportedSupported
Brokers / exchanges100+ brokers200+ brokers worldwide
SMSF supportSupportedSupported

Disclosure: Metrifly is our product. Competitor facts are sourced from each competitor's own pages. Last updated: 2026-06-15.

Decision points

The bits that change the answer

No generic checklist: these are the trade-offs Australian investors usually discover only after importing real data.

Cost

$7/mo to a full tracker with tax

Metrifly Starter unlocks unlimited holdings and individual tax reporting at $7/mo billed annually. Sharesight also lists a standalone Tax Pack; compare that separately if you only need one portfolio's tax report.

Free start

Dividend tracking before you pay

Use the free tier for one portfolio and up to 10 holdings, including dividend tracking, before you decide whether tax reporting is worth upgrading for.

Tax depth

The Australian details stay visible

CGT, franking, AMIT, foreign income and myTax mapping are treated as core workflows, not a generic performance-dashboard add-on.

Why Metrifly

What sets Metrifly apart

The only free tier with dividend tracking

Metrifly's free plan tracks a portfolio and its dividends. Sharesight's free tier has no tax reporting; Navexa has no free tier at all — just a 14-day trial.

Tax reporting from $7/mo

Metrifly reaches full Australian CGT and income reporting on the Starter tracker plan at $7/mo billed annually ($9 monthly), below the sourced entry full-tracker tax plans from Sharesight and Navexa.

Full AU-tax depth

Parcel-level CGT with the 50% discount, franking credits, AMIT, foreign income and entity-aware reporting — with the exact method published on our methodology page.

Best fit

Choose the tracker that fits your workflow

A useful comparison should help you decide, not pretend one product is best for everyone.

Metrifly is likely a fit if

  • You want a lower-cost path to Australian tax reporting without giving up CGT, franking, AMIT or foreign-income depth.
  • You want to start free with one portfolio and dividend tracking before paying for tax exports.
  • You value transparent methodology and simple pricing over a mature incumbent feature set.

Consider staying put if

  • You already rely on a Sharesight workflow your accountant knows and switching costs would outweigh the saving.
  • You need a broker or report that Metrifly has not yet added.

Australian tax reality check

If you're switching because tax got messy

The biggest spreadsheet failures usually appear around EOFY: DRPs create new parcels, AMMA statements change cost bases, foreign dividends need FITO, and franking credits need gross-up checks. Metrifly is built around those Australian records.

FAQ

Questions, answered

What does Metrifly's free plan include?

One portfolio, up to 10 holdings, and dividend tracking — including franked amounts and DRPs. No credit card required. Australian CGT and income reporting start on Starter ($7/mo billed annually, $9 monthly).

How much does Australian tax reporting cost?

Starter ($7/mo billed annually, $9 monthly) covers one portfolio with unlimited holdings and full individual tax reporting. Standard ($12/mo billed annually, $15 monthly) adds up to three portfolios, SMSF and trust entities, and AMIT support. Sharesight also lists a standalone Tax Pack; compare that separately if you only need a one-portfolio tax report.

Is Metrifly cheaper than Sharesight?

For full portfolio-tracking plans with tax reporting, Metrifly Starter is lower than the sourced Sharesight Standard tier. Sharesight's standalone Tax Pack can be cheaper if you only need a one-portfolio tax report, so compare the job you need done rather than the headline product names.

What Australian tax features does Metrifly include?

Parcel-level CGT with the 50% discount, your choice of sale-allocation method, franking credits, AMIT and trust distributions, foreign income with FITO, and ATO myTax mapping. The calculation method is published on our methodology page.

Can I import my existing trade history?

Yes. Link supported brokers and exchanges directly, or import from 100+ brokers via CSV/Excel export or email forwarding.

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Try Metrifly free

Track a portfolio and its dividends on the free plan, then reach Australian CGT and income reporting from $7/mo billed annually. No credit card required.

Free forever · No credit card required