Compare

The self-hosted TradeZella alternative

TradeZella is a polished cloud journal with strong education. TraderMemos trades SaaS convenience for something no subscription offers: your entire trading history in a file you own, analyzed deeper, for free.

Price

TradeZella$35/mo subscription
TraderMemosFree — AGPL-3.0 open source

Your data

TradeZellaLives in TradeZella's cloud
TraderMemosA SQLite (or Postgres) database on your own server

Setup

TradeZellaSign up and go
TraderMemosDocker Compose on any server

Broker import

TradeZellaBroad auto-sync integrations
TraderMemosIBKR Flex sync, MT4/MT5 statements, 9 broker CSV presets, and the tm-sync folder watcher

Backtesting & replay

TradeZellaReplay and backtesting built in
TraderMemosBar replay with paper accounts — results flow into the same analytics

Analytics depth

TradeZella50+ reports, Zella Score
TraderMemosExpectancy, SQN, Kelly %, behavior flags, rule-compliance P&L

AI

TradeZellaBuilt-in AI on their vendor
TraderMemosYour own OpenAI-compatible keys — local models supported

Languages

TradeZellaEnglish
TraderMemosEnglish · 日本語 · 繁體中文 · 简体中文

Where TradeZella wins

  • Education — courses, community, and onboarding polish a self-hosted app doesn't try to match
  • Zero setup: nothing to install, nothing to maintain
  • Broker auto-sync breadth across mainstream US brokers

Where TraderMemos wins

  • No subscription — free forever under AGPL-3.0
  • Data ownership: your journal is a file on your box, not an account that can be closed
  • Deeper trade math: expectancy, SQN, Kelly %, MAE/MFE, and behavioral flags out of the box
  • Prop-firm mode and rule compliance built in, not bolted on
  • AI with your own keys — or a local model, so nothing leaves your machine

The honest verdict

If you want a hosted product with courses and zero maintenance, TradeZella earns its subscription. If you'd rather own the journal itself — the data, the analytics, the AI keys — TraderMemos does more of the actual analysis and costs nothing.

Based on public pricing and feature pages as of August 2026. Products change — if something here is out of date, tell us and we will fix it. Open an issue →

Run it on your own box

TraderMemos is free, open-source software. Clone the repo, run one command, and journal tonight's session on hardware you own.