Greenline vs Wealthica

Wealthica is one of the best-known portfolio trackers in Canada. It connects directly to over 140 Canadian financial institutions, pulling in your holdings, transactions, and balances automatically. If you want a hands-off way to see all your accounts in one place, Wealthica is a strong option.

How Wealthica works

Wealthica uses bank aggregation to sync your accounts. You provide your online banking credentials, and Wealthica pulls your data through a third-party aggregation service. Once connected, your portfolio updates automatically.

They offer a free tier with basic features, plus paid plans that unlock more detailed analytics, tax reporting, and advisor tools. Wealthica is Canadian-built and focused on Canadian investors, which means strong support for TFSAs, RRSPs, and Canadian brokerages.

Key differences

The biggest difference between Wealthica and Greenline comes down to how your data gets in.

Wealthica asks for your banking credentials so it can sync automatically. For many people, that convenience is worth it. But some investors aren’t comfortable sharing login details with a third party, even through an aggregation service. Banks in Canada generally don’t endorse this approach, and some have flagged it as a potential liability issue.

Greenline takes a different path. You upload your brokerage statements (CSV exports or PDF statements) directly. No credentials are shared, no third-party aggregation, no bank login. Your brokerage never knows Greenline exists.

Beyond the data model, Greenline is built specifically for Canadian investors. That means brokerage-specific parsers that understand the exact format of your Wealthsimple, Questrade, or bank brokerage exports. It also means Canadian tax features like adjusted cost base tracking and registered account awareness.

Where Wealthica may be a better fit

If automatic syncing matters to you and you’re comfortable with the bank-login model, Wealthica is genuinely convenient. You connect once and your data stays up to date without any manual steps. For investors who want a set-it-and-forget-it experience, that’s a real advantage.

Wealthica also has a well-developed ecosystem with add-ons and an API, which appeals to more technical users who want to build on top of their data.

Where Greenline is different

Greenline is for investors who want the full picture without handing over their banking credentials. The upload model means you control exactly what data Greenline sees, and nothing is stored that you didn’t explicitly provide.

Greenline also goes deeper on the analysis side for Canadian investors. Fee breakdowns, holdings deep dives by region and sector, net worth tracking, and tax reporting are all built with Canadian accounts and tax rules in mind.

Bottom line

Wealthica and Greenline are both solid portfolio trackers built for Canadians. The choice comes down to how you feel about the bank-login model. If you value automatic syncing and are comfortable with aggregation, Wealthica is a great tool. If you’d rather keep your credentials private and upload your own data, Greenline is built for that.