
Sharesight Review
"Minted Millennials is reader supported. When you click on links through this site, we may earn an affiliate commission."
In this
What is Sharesight ?
Sharesight Australia is a world class portfolio tracking tool. Importantly it provides investors the ability to view their entire portfolio value and performance across all asset classes.
The
This unique aspect gives investors a complete picture of their total investment portfolio. Additionally the automation makes it a breeze compared to updating a spreadsheet.
Sharesight enables investors to track their portfolio across multiple asset classes. This includes Stocks, Crypto, Bonds, Currency and unlisted investments like property and private equity.
If you find yourself spending more time tracking your portfolio than it takes to drink a coffee or tea. Then you should consider checking out
An automatic portfolio tracker and tax reporting platform. Get your true portfolio returns including currency fluctuations, broker fees and dividends.
- Automatically Track Your Entire Portfolio
- Compliant Tax Reporting
- Free Solution
- Only 10 Crypto’s Available
How Does Sharesight Work?
Sharesight works by aggregating all your investing platforms data into the one platform. As a result it is extremely simple to view your entire portfolio. It is important to differentiate
One of the biggest problems Australian investors face is that we have to use multiple investing apps to diversify our portfolio. I only review platforms or products that I have used myself. Unfortunately this means I have a lot of investing platforms to track! This
Most of the investing platforms I use come under my business accounts. However, for my personal investments I love using Stake. Additionally I have my Australian and American personal investments with them and my SMSF.
Prior to using the
It certainly takes me a lot more time to update the spreadsheet at the end of the month than it does for
Sharesight Integration
Sharesight is able to integrate with multiple brokerage platforms. Such as Pearler, Sharesies, CMC brokers and more through their API. This means that investors using these platforms can connect their accounts to Sharesight. As a result, all future trades will be automatically recorded within the platform.
Investors will still also be able to upload a CSV file for any previous transaction history to be provided to
Sharesight Australia enables integration for over 200 brokers. Unfortunately, they don’t all allow for API integration. API integration is the easiest solution for investors. But if your investing platforms don’t allow this, then don’t worry it is still possible for integration.
If you use investing platforms like Superhero,
You will then upload the CSV file to
Using the Sharesight app Trade confirmation emails feature enables some investing platforms to automate your portfolio tracking. If your broker supports this, you can have your investment confirmation email automatically forwarded to Sharesight. This will then add the investment to your portfolio.
Some investing platforms don’t allow the auto forward email functionality. Therefore you would need to send the email to your account manually.

Sharesight Australia Features
Check out some of the features below that help differentiate
Sharesight Tracks All Investments
Sharesight is able to track all your investments and display them in one platform. Therefore you are able to track the following investment assets with
- Shares & ETFs from over 40 exchanges
- Mutual Funds
- ASX & NZX Listed Bonds
- Over 75 different currencies
- 8 Major Cryptocurrencies
- Custom Investments (Gold, Silver, Private Equity, Property, Options & other Crypto)
An excel spreadsheet is also able to track all these investments. However, it doesn’t have the ability to be automatically updated. This is one of
Sharesight Cryptocurrency Tracking
Crypto has had a meteoric rise the last few years. Therefore it makes sense that
Currently you can sync the following Cryptocurrencies to
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Stellar (XTM)
- Dash (DAS)
- Monero (XMR)
- Bitshare (BTS)
Importantly, you will need to add these trades manually. After you have input the trades the value of the assets will be tracked for you. Additionally if you want to import other Cryptocurrencies, then you will need to add them as a custom investment. Unfortunately, there is no functionality yet to integrate with your favourite Crypto platforms like Celsius, Swyftx or Bamboo.
Calculate Total Return
If you invest in stocks that pay dividends and you also participate in their Dividend Reinvestment plan. Then it can get very complicated tracking all this information. Additionally if you add currency fluctuations into the mix if you invest overseas and it can be an absolute headache.
In the worst case scenario you end up using incorrect data from your spreadsheets. For instance, incorrect tax returns will raise an issue with the ATO. Therefore this is another great feature from
The simplicity of being able to include all of the factors above across all your different asset classes makes
Automated Portfolio Tracking
If you are spending more than 30minutes a month tracking your total investment portfolio, then you are going to want to try
It can take a bit of time to set up previous transactions when you initially import them to
While this is not fully automated, it is a lot easier than me sitting down and manually entering the investments into a spreadsheet. It also reduces the chances of me making a data input error.

Dividend Tracking With Sharesight
Investing for dividends can be a great investing strategy. Especially if you plan to use the dividend income to live off. However, one of the big challenges with dividend investing is keeping track of your cost base. This is especially the case if you participate in dividend reinvestment plans.
Sharesight Australia is able to backdate dividend payments for up to 20 years from imported historical transactions. This means you will be able to see almost your entire dividend history.
Sharesight makes it extremely easy to see your accurate dividend yield per stock. Again, the accuracy here is high, given it accounts for brokerage fees and currency fluctuations.
Investors are also able to track their dividend reinvestment plans with
Another cool feature relating to dividends with
One of the great things about
Tax Reporting
All investors need to have a good handle on their tax liabilities from investing. Subsequently most will use an accountant and some will want to do it themselves. Either way
You can obtain a Taxable Income Report from the
You can also review a Capital Gains Tax Report within
The final tax prep report you can get is your Unrealised CGT Report. So this is quite handy for some more strategic investing moves. This Sharesight report will help review the true value of the unrealised CGT. As a result it will help you and your accountant come up with some strategies to maximise your money.
Invest in the ASX for $3 CHESS sponsored brokerage, or in the US Brokerage free. The easiest & cheapest SMSF Solution on the market.
- ASX $3 Brokerage & Free US Brokerage
- Simple SMSF Solution
- No Trust Or Minor Accounts Yet
SMSF Reporting
Self Managed Superannuation Funds have strict reporting requirements that the Trustees must adhere to. Especially if they want their fund to remain compliant and avoid any issues with ASIC. As a result, most people using an SMSF will have an accountant managing their reporting requirements.
Integrating your SMSF portfolio with
Not only will this save your accountant time and money at tax time, but it will ensure your SMSF remains compliant. Due to it using accurate data for the required tax returns.
What Does Sharesight Cost?
This is why I love
The free offering from
Free Plan:
Investors have the ability to access and manage 1 portfolio which can hold up to 10 holdings. This
Investors also get access to 1 custom group in the
Upon review of the free
Starter Plan:
The
You will also receive the same limited reporting and customer support, and the 1 custom group option with this plan. This plan is a better option for users that have between 11 and 20 holdings. But don’t want access to the full suite of reporting functionality.

Investor Plan:
This is the best value for money plan that
You will also receive advanced levels of reporting using this Investor plan. Additionally it inlcudes 2 custom groups and standard customer support. This plan is a favourite among investors that have more than 20 holdings or want to manage multiple portfolios.
Expert Plan:
The Expert plan is the premium offering within the platform. It costs $48 per month or $576 per year, and you get everything
You will also receive full reporting functionality from
An Australian investing platform that allows automatic investing, free ETFs and offers US & AUS stocks.
- Auto Invest Feature
- CHESS Sponsored
- $500 Min Investment
Sharesight Review FAQ’s
Hopefully you are enjoying this
Is Sharesight Trustworthy?
Yes.
Who Owns Sharesight ?
Sharesight was founded in 2007 by the father and son duo Tony and Scott Ryburn. It was founded out of sheer frustration for not being able to find an online solution that accurately tracked the value of your investment portfolio.
Is Sharesight Subscription Tax Deductible?
This will depend on your specific circumstances. However, in most cases you should be able to claim your
Can I Use Sharesight For My Taxes?
Yes. For example

Can You Add Crypto To Sharesight ?
Yes. For example, you can track 8 Cryptocurrencies within
What Is A Portfolio in Sharesight ?
A Portfolio is a particular identifier for a group of holdings. For example 1 portfolio might be your personal investments. While another portfolio might be your SMSF or Family Trust. As a result given these are separate entities you would want to have a separate portfolio for their performance and value.
Is Sharesight A Broker?
No.
Is There A Sharesight App?
Yes. There is a
Can Sharesight Track Superannuation?
Sharesight has the functionality to track thousands of managed funds. Importantly this includes most Superannuation funds within Australia. Importantly there is no extra cost for tracking managed funds within the Sharesight platform.

Pros & Cons
Pros:
- Free for users with under 10 Holdings
- Accurate view of total portfolio holdings
- Tax deductible
- Strong reporting functionality
- Automated Investment Portfolio Tracking
Cons:
- Only tracks 8 Cryptocurrencies
- Can take some time setting up previous investments with CSV files
- The
Sharesight Australia App doesn’t have the best User Experience - Not a broker, so can’t invest with the platform
Alternatives To Sharesight
Unlike the rest of the investing industry in Australia where there are a lot of competitors.
Delta is an App only platform that provides portfolio tracking across equities and crypto. It doesn’t have a web based offering like Sharesight Australia. Additionally it has no automation like
Stocklight has both an app and web based offering. However, they also have an app with a horrible user interface. Their platform doesn’t offer crypto portfolio tracking. So I feel this is a big negative given how many people invest in crypto now.
Is Sharesight Worth It?
If you have read this far down in my
If you have less than 10 holdings in your investment portfolio. Then it is an absolute no brainer to sign up for
If you have over 10 holdings then you are looking at a paid version of the platform. Which paid version to choose will then come down to your personal circumstances and how many holdings you have.
In my experience
Conclusion
If you like automation that saves you time. Also reduces likelihood of errors and can potentially save you money and effort. Then I think you will love
The API integration with multiple investment brokers and automated investment updates make
If you have a simple portfolio with less than 10 holdings then it really is a no brainer to sign up to
An automatic portfolio tracker and tax reporting platform. Get your true portfolio returns including currency fluctuations, broker fees and dividends.
- Automatically Track Your Entire Portfolio
- Compliant Tax Reporting
- Free Solution
- Only 10 Crypto’s Available
Sign Up Here
If after reading this
