Greenline vs Capitally

Capitally is a privacy-focused portfolio tracker that takes data security seriously. It uses end-to-end encryption, accepts data only through manual CSV or XLS uploads, and doesn’t use any bank aggregation services. If privacy is your top priority when choosing a tracker, Capitally is one of the strongest options available.

What Capitally offers

Capitally lets you upload transaction data through CSV or XLS files. Your data is encrypted end-to-end, meaning even Capitally can’t read your portfolio data on their servers. It supports multiple currencies and tracks performance, dividends, and allocation.

Pricing runs between 80 and 130 EUR per year, with no free tier. The premium price reflects the encryption infrastructure and privacy-first approach.

Key differences

Capitally and Greenline share a lot of the same philosophy. Both use file uploads instead of bank logins. Both prioritize keeping your data private. Both believe you shouldn’t have to hand over your banking credentials to track your investments.

The key difference is geography. Capitally is a global product without specific support for Canadian brokerages, account types, or tax rules. It accepts generic CSV and XLS files, but it doesn’t have parsers built for the specific formats that Canadian brokerages export.

Greenline is built for Canada. The parsers understand Wealthsimple CSVs, Questrade exports, RBC PDFs, TD statements, and more. When you upload a file from a Canadian brokerage, Greenline knows exactly how to read it, including the quirks and inconsistencies that differ from brokerage to brokerage.

Greenline also understands Canadian account types. TFSAs, RRSPs, FHSAs, RDSPs, and non-registered accounts all have different tax implications, and Greenline’s features reflect that. Adjusted cost base tracking follows Canadian rules specifically.

Where Capitally may be a better fit

If end-to-end encryption is a hard requirement for you, Capitally is one of the few trackers that offers it. Your data is encrypted before it leaves your browser, and Capitally’s servers never see it in plain text. That’s a level of privacy that most trackers, including Greenline, don’t match.

Capitally is also a reasonable choice for European investors or anyone who doesn’t need Canada-specific features.

Where Greenline is different

Greenline focuses on making the upload experience seamless for Canadian investors. Instead of requiring you to format your data into a generic CSV template, Greenline accepts the files your brokerage already gives you. The parsers do the translation.

Beyond import, Greenline’s analysis is built around Canadian investing. Fee breakdowns that understand MERs, holdings deep dives, net worth tracking, and tax features that follow Canadian rules.

Bottom line

Capitally and Greenline are aligned on privacy and the file-upload model. The choice comes down to what matters more: end-to-end encryption (Capitally) or deep Canadian brokerage and tax support (Greenline). If you’re a Canadian investor, Greenline is built for your specific needs. If encryption is the deciding factor, Capitally is worth a close look.