Ghostfolio
Memos
| Feature | Ghostfolio | Memos |
|---|---|---|
| Pricing | Free / from $5.99/mo | Free / from $0/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.3 / 5 | 4.4 / 5 |
| Best For | privacy-focused-investors, self-hosters, passive-investors, international-portfolios | self-hosters, quick-note-takers, journaling, privacy-focused-users |
| Founded | 2021 | 2022 |
| Portfolio Tracking | ✓ | ✗ |
| Performance Analysis | ✓ | ✗ |
| Allocation Views | ✓ | ✗ |
| Multi Currency | ✓ | ✗ |
| Dividends | ✓ | ✗ |
| Benchmarking | ✓ | ✗ |
| Self Hostable | ✓ | ✗ |
| Markdown | ✗ | ✓ |
| Tags | ✗ | ✓ |
| Search | ✗ | ✓ |
| Api | ✗ | ✓ |
| Docker Deployment | ✗ | ✓ |
| Embed Resources | ✗ | ✓ |
| Timeline View | ✗ | ✓ |
✓ Ghostfolio Pros
- Open-source with self-hosting option
- Privacy-focused (no data selling or ads)
- Supports stocks, ETFs, crypto, commodities
- Beautiful portfolio allocation visualizations
✗ Ghostfolio Cons
- Limited broker integrations (manual entry mostly)
- Smaller community than commercial alternatives
- No tax-loss harvesting or advisor features
✓ Memos Pros
- Completely free and open-source
- Lightweight and fast (single binary deployment)
- Twitter-like quick note interface
- Full data ownership with self-hosting
✗ Memos Cons
- No real-time collaboration features
- Limited organizational tools (no folders/hierarchy)
- Self-hosting required (no managed cloud option)
The Verdict
Ghostfolio is built for privacy focused investors and self hosters, with a focus on portfolio-tracking and performance-analysis. Memos targets self hosters and quick note takers and leads with markdown and tags.
On pricing, Memos is the clear winner for budget-conscious users — starting at $0/mo compared to $5.99/mo for Ghostfolio. That $5.99/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
Both tools are a solid fit for self hosters — in those cases, the decision often comes down to workflow style and how your team prefers to organize work.
This is a genuinely close comparison. If you can, sign up for both free trials (where available) and run a one-week test with your actual team tasks before deciding.