TradeLog review

TradeLog is tax software for active traders who need to account for wash sales across brokerage accounts and prepare year-end tax reports from their trade history. It runs on a PC and can import transactions from some 30 major brokers, according to the published product information. Its main job is to match trades in stocks and options across accounts and apply wash-sale rules—not to serve as a general-purpose trading journal or portfolio tracker.

The software also supports trader tax rules, including switching to trader tax status and Section 475 Marked-to-Market support on the Trader and Elite plans. A starting-point wizard is meant to help users establish an accurate opening position. TradeLog offers turnkey tax services as an alternative for traders who do not want to handle the tax work themselves.

There is a 30-day free trial, but no free plan. The core question is whether cross-account wash-sale handling justifies the annual cost and the work of getting trade history into the software.

TradeLog’s clearest use case is a trader with frequent trades spread across multiple accounts. The pricing page lists unlimited broker accounts on Investor, Trader, and Elite, while the software is designed to match activity across accounts. That can matter when separate brokers do not give a trader one consolidated view of wash sales.

One Reddit commenter said TradeLog handled wash sales across five accounts and provided peace of mind, though they still relied on an accountant’s “trust but verify” approach. Another commenter described the potential tax difference this way: brokers may carry wash sales forward, while TradeLog can apply losses backward first and then forward. That is a user’s explanation, not a guarantee of a tax result; traders should verify their reporting.

The plans are segmented by trade-record volume: Investor covers up to 1,500 records, Trader up to 5,000, and Elite 5,000 or more. Each lists unlimited broker accounts and one File Key. Trader and Elite add Section 475 Marked-to-Market support. For someone whose records are otherwise scattered across brokers, those limits and features make the product’s purpose fairly specific and easy to assess.

TradeLog is not a hands-off import-and-file promise. A Reddit user said setup and use became complicated after importing trades, and that they gave up on the self-service software. Another reported an import problem with Apex/M1 Finance that the developer did not fix. Those are individual reports, but they are a reason to confirm your brokers and workflow before relying on the software.

The annual price is also volume-sensitive. Investor is listed at $18.25 per month equivalent, billed annually, for up to 1,500 Trade Records; it renews at $175.20 per year. Trader is $29.92 per month equivalent for up to 5,000 records and renews at $287.20. Elite is $38.25 per month equivalent for 5,000+ records and renews at $367.20. The first-year figures are not monthly billing prices.

Tax professionals need Pro, which starts at $499 per year and varies by user count and installation. One File Key is included; additional keys cost $79 each, and standard subscribers may use up to seven in a one-year period. The software runs on a PC, so check compatibility before choosing it.

TradeLog has no free plan; the pricing information lists a 30-day trial and annual billing. Investor is $18.25 per month, billed annually, for up to 1,500 trade records. It renews at $175.20 per year. Trader is $29.92 per month for up to 5,000 records and renews at $287.20 per year. Elite is $38.25 per month for 5,000+ records and renews at $367.20 per year. Those displayed rates put the move from Investor to Trader at $11.67 more per month, and Trader to Elite at $8.33 more. Trader and Elite include Section 475 Marked-to-Market support; Investor does not list it. All three include unlimited broker accounts and one File Key. Additional File Keys cost $79 each; standard subscribers can use up to seven in a one-year period. Pro starts at $499 per year for tax professionals, with pricing varying by user count and installation. Check the renewal price before budgeting: the listed first-year rates and renewal totals differ.

TradeLog runs on a PC, so a switch means working within that platform rather than a web-based workflow. The product information says it imports trade histories from some 30 major brokers, but it does not name every supported broker here. Confirm your broker is supported before relying on an import. Its starting-point wizard helps establish an accurate starting point, and its reports use trade history to account for wash sales across accounts. That makes clean, complete records important when setting it up. The materials do not publish supported export formats, how to move data out, or whether your history remains accessible after cancellation; ask TradeLog before switching if you may need those records later. They also include no Reddit posts or comments, so we can’t substantiate user-reported reasons for leaving. The clearest stated constraints are the PC requirement, annual billing, and the need to check broker coverage and fit your trade volume to a plan cap.