Alocano vs hedger: two portfolio trackers and their tax figures compared
Alocano is a Czech app with fair values for stocks, an AI assistant and a portfolio tracker. hedger is a portfolio tracker with the tax return and a markets portal, all free. How they differ and when each fits.
| Alocano | hedger | |
|---|---|---|
| Price | 0 / 249 / 449 CZK a month | free, no limits |
| Brokers | 16 (8 in beta) | IBKR, Degiro, Fio, Trading 212, XTB, Patria + our own CSV |
| Automatic download | no | IBKR, Trading 212 |
| Taxes | an indicative overview, CSV | the return's annexes, XML for EPO |
| Dividend tax credit up to the treaty rate | — | yes |
| Fair value, AI assistant | yes | no |
| Superinvestors, insiders | yes | yes |
| A number down to its statement line | — | yes |
What Alocano offers
- A stock's fair value from 6 models (DCF, Graham, Lynch, EV/EBITDA, DDM, multiples) and the ALO AI assistant, paid in credits.
- Import of CSV and XLSX files from 16 brokers (8 in beta) with a preview before saving; no API link to a broker yet.
- An indicative tax overview: the time test per purchase, the 100,000 CZK limit, dividends with the tax withheld, a CSV export; no XML for MOJE daně yet.
- Smart Money: superinvestors' 13F, US politicians' and insiders' trades; alerts, tax alerts included.
- Free at 0 CZK (1 portfolio, 40 open holdings, 1 account outside XTB), Standard 249 CZK and Pro 449 CZK a month.
- A community: a feed, investment theses, public portfolios and watchlists.
What hedger offers
- Free, no paid tiers.
- Statements from IBKR, Degiro, Fio e-Broker, Trading 212, XTB and Patria, anything else in our CSV; IBKR (Flex Query) and Trading 212 (API) are fetched every day by themselves.
- The tax return: sales (§10) options included, foreign dividends (§8) with the tax credit up to the treaty rate, the 3-year test, the 100,000 CZK limit; CNB daily rates and the GFŘ uniform rate both computed, XML for EPO.
- FIFO pairing, or you pick the buys for a sale yourself.
- Every number opens down to the statement line it came from.
- The portfolio every day: value in CZK, EUR or USD, performance (time-weighted return), dividends, allocation, a watchlist, a weekly summary by e-mail.
- And a portal for everyone: markets and the economy today, stock baskets, superinvestors, insiders, a community with guessing games.
When to pick which
Alocano, if you want stock fair values from several models, an AI assistant and a community around investment theses, or you have a broker hedger doesn't read (e.g. eToro, Revolut, Saxo, Freedom24).
hedger, if you want the return's figures with XML for EPO and the dividend tax credit for free, with no limit on portfolios or holdings, and IBKR and Trading 212 fetched automatically.
It isn't either–or: upload the same statements to both and compare the figures; in hedger each one shows the statement lines it came from.
What is said of Alocano is from its own pages on 2026-11-04: alocano.cz · alocano.cz/portfolio-tracker