Greenline vs Wealthfolio

Wealthfolio is an open-source, fully offline desktop application for tracking your investments. All your data stays on your computer. It supports CSV imports, tracks performance, and has started adding AI-powered features. If you want a portfolio tracker that never touches the internet, Wealthfolio is an interesting option.

What Wealthfolio offers

Wealthfolio runs locally on your desktop (Mac, Windows, or Linux). You import transactions via CSV files, and everything is stored on your machine. There’s no account to create, no cloud sync, and no subscription fee. It’s free and open-source.

The app tracks your holdings, performance, and allocation. Recent updates have added AI features for analysis and insights, leveraging local or API-based models.

Key differences

The most significant difference is platform access. Wealthfolio is a desktop application. You can only use it on the computer where it’s installed. There’s no web version, no mobile app, and no way to check your portfolio from your phone or a different machine.

Greenline is web-based. You can access it from any device with a browser: your laptop, your phone, your tablet, your work computer. Your portfolio is always available.

Because Wealthfolio stores everything locally, there’s also no backup by default. If your hard drive fails or you switch computers, you need to manage your own data export and import. With Greenline, your data is stored securely and accessible from anywhere.

On the Canadian side, Wealthfolio accepts generic CSV imports but doesn’t have parsers built specifically for Canadian brokerages. You may need to adjust your export files to match the expected format. Greenline’s parsers are built for the exact formats that Wealthsimple, Questrade, RBC, TD, and other Canadian brokerages provide.

Where Wealthfolio may be a better fit

If keeping your data completely offline is your top priority, Wealthfolio delivers on that promise. Nothing is sent to any server, ever. For investors who are deeply privacy-conscious and don’t mind being limited to one device, that’s a meaningful advantage.

Wealthfolio is also free with no limits, which makes it accessible to anyone willing to use a desktop app.

Where Greenline is different

Greenline is designed for everyday investors who want their portfolio accessible whenever they need it. Check your net worth on your phone, review your allocation on your laptop, upload a statement from wherever you are.

The Canadian-specific features also go deeper. Greenline understands registered account types (TFSAs, RRSPs, FHSAs), tracks adjusted cost base following Canadian rules, and provides fee analysis and holdings breakdowns built around how Canadian portfolios are structured.

Bottom line

Wealthfolio is a solid choice for privacy-focused investors who are happy with a desktop-only experience. If you want to access your portfolio from any device and need a tracker that deeply understands Canadian brokerages and tax rules, Greenline is built for that.