Software Alternatives & Startups

Koinly VS PineHook

Compare Koinly VS PineHook and see what are their differences

Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.

Rating
0 reviews
Pricing
Freemium
PineHook

Execute TradingView alerts on MT5 and cTrader with sub-25ms median delivery, 99.9% uptime, privacy-first data handling, and every alert logged transparently. Manage open positions, copy trades across accounts, and do more right from your dashboard.

Rating
0 reviews
Pricing
Freemium Free trial $29.99 / Monthly (All features, unlimited signals, analytics & 24/7 support)
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Koinly seems to be more popular. It has been mentioned 306 times since March 2021.

social mentions
306 vs 0
Cryptocurrencies popularity
100% vs 0%
alternatives listed
206 vs 11

Base details

Website, pricing, platforms and company facts side by side.

Koinly
PineHook
Website koinly.io pinehook.io
Pricing
Freemium Free trial $29.99 / Monthly (All features, unlimited signals, analytics & 24/7 support) Official pricing
Company Startup from the United Kingdom · 2018 Startup from Canada · 1 - 9 employees · 2026
Listed in

About Koinly and PineHook

In their own words, as submitted to SaaSHub.

Koinly
PineHook

Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains...

Read more about Koinly

PineHook connects TradingView alerts to MetaTrader 5 and cTrader for automated trade execution and position management. Run one account or send the same strategy to several brokers and prop firms. On MT5, install the PineHook Expert Advisor, connect a license, then add the webhook URL and trade...

Read more about PineHook

Features and specs

What each product offers, as listed by its team.

Koinly 6 features
PineHook 5 features
  • User-Friendly Interface
    Koinly offers an intuitive and easy-to-navigate interface, making it accessible for both novice and experienced crypto investors.
  • Comprehensive Transaction Tracking
    The platform supports a wide range of cryptocurrencies and integrates with numerous exchanges and wallets, allowing for detailed transaction tracking.
  • Tax Reporting
    Koinly provides automated tax reports that comply with the regulations in various countries, simplifying the process of filing crypto taxes.
  • Accurate Calculations
    Koinly uses advanced algorithms to accurately calculate gains, losses, and income from your crypto activities.
  • Excellent Customer Support
    Users generally report positive experiences with Koinly's customer support, which is responsive and helpful.
  • Portfolio Insights
    The platform offers valuable insights into your crypto portfolio, including detailed analytics and performance tracking.

Possible disadvantages

  • Cost
    While Koinly offers a free plan, advanced features and comprehensive reporting require a paid subscription, which might be expensive for some users.
  • Limited Free Plan
    The free plan has limitations on the number of transactions it can handle, which may not be sufficient for active traders.
  • Complex Transactions
    Some users have reported that the platform struggles with the accurate categorization and calculation of more complex transactions, such as DeFi activities.
  • Privacy Concerns
    Some users may be concerned about providing access to their exchange and wallet data, which involves sharing sensitive financial information with a third-party service.
  • Data Sync Issues
    Occasionally, there are reports of synchronization issues where data from exchanges or wallets doesn't update correctly or promptly.
  • Learning Curve for Detailed Features
    While basic features are user-friendly, some of the more advanced tools and customization options might have a steeper learning curve.
  • Trading Automation
    PineHook enables traders to automate their TradingView Pine Script alerts by converting them into webhook signals that can trigger trades on connected brokers or exchanges, reducing the need for manual order execution.
  • No-Code Setup
    The platform is designed to let users set up automated trading workflows without needing to write custom backend code, making algorithmic trading more accessible to non-programmers.
  • Multiple Broker/Exchange Support
    PineHook typically supports connections to various brokers and exchanges, allowing traders to route signals to their preferred trading platform without building custom integrations for each one.
  • Faster Execution
    By automating the process from alert to trade execution, PineHook can reduce latency compared to manually placing trades after receiving a TradingView alert, which can be valuable in fast-moving markets.
  • Simplified Webhook Management
    The service abstracts away the complexity of setting up and maintaining webhook listeners and payload parsing, handling the technical infrastructure so traders can focus on strategy development.

Analysis

An editorial look at what each product does well and who it suits.

Koinly
PineHook

Overall verdict

  • Overall, Koinly is considered a reliable and efficient tool for managing cryptocurrency taxes. It is well-suited for individuals who seek an automated solution to handle their crypto tax responsibilities and wish to ensure compliance without hassle.

Why this product is good

  • Koinly is often regarded as a good cryptocurrency tax software due to its user-friendly interface, comprehensive support for a wide range of exchanges and wallets, and its ability to generate tax reports compliant with various countries' regulations. It automates the tedious process of tracking transactions, calculating gains and losses, and preparing necessary tax documents. Additionally, it supports multiple currencies and offers detailed features that cater to both casual investors and professional traders.

Recommended for

  • Cryptocurrency investors seeking an easy-to-use tax solution
  • Frequent traders needing comprehensive transaction tracking
  • Individuals looking for a software compatible with various international tax jurisdictions
  • Users who want to automate their tax reporting process

No analysis of PineHook yet.

Videos

Walkthroughs and reviews on video.

Koinly 3 videos + Add
PineHook 0 videos + Add

Ripple’s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

More videos

  • - Koinly Review - Paying Taxes on Crypto The Easy Way
  • - Koinly Review: The BEST for Crypto Taxes?

No PineHook videos yet. You could help us improve this page by suggesting one.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Koinly
PineHook
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing Koinly and PineHook.

What makes your product unique?

PineHook's answer:

PineHook's web dashboard lets you manage your MT5 trading accounts without returning to the terminal. Once the EA is running, open a browser to manage positions and change its settings from wherever you are.

Watch open trades and live P&L, close positions fully or partially, and adjust stop-loss and take-profit levels. Configure risk controls, trading hours, and symbol filters, then push settings to your EA. For multiple accounts, manage trade copying and set a separate size multiplier for each.

Signal logs and performance analytics sit alongside those controls. Check whether an alert executed, read why it was rejected, or inspect its timing without digging through terminal logs.

That combination of position management, remote EA configuration, multi-account control, and execution records is what sets PineHook apart. The dashboard is where you can act on your trading accounts throughout the day, while the EA handles execution on your running MT5 terminal.

Why should a person choose your product over its competitors?

PineHook's answer:

Speed matters, but a fast connection means little if it misses the alert that should close a trade. PineHook is built with that in mind.

PineHook delivers sub-25ms median alert delivery through WebSocket connections, backed by redundant relay servers with automatic failover. Features go through automated and manual testing before release because a new capability should never come at the expense of reliable execution.

Serious traders know reliability matters just as much as raw speed when real positions are on the line. PineHook provides both, with public latency and uptime reports and detailed signal logs that let traders check our performance.

How would you describe the primary audience of your product?

PineHook's answer:

PineHook is for traders who use TradingView to generate signals and MetaTrader 5 to execute trades. They have a strategy and want to automate it, with control over risk and visibility into what happens to each alert.

That includes Pine Script developers, traders using indicator alerts, and prop-firm traders running strategies across multiple accounts. Some automate the full trade, including exits and position sizing. Others automate entries and manage open positions themselves.

It's particularly useful for traders who want to manage positions, adjust EA settings, and monitor several accounts from a web browser while their MT5 terminals run on a computer or VPS.

What's the story behind your product?

PineHook's answer:

We built PineHook because we needed it for our own trading.

Our team consists of software engineers who trade, with experience across markets and a background in data security and privacy. We had used other TradingView-to-MetaTrader services and experienced the consequences when they failed. Positions that should have closed overnight were still open. Reversals never happened.

Some services were slow or unreliable. Others lacked the features we needed, and updates sometimes broke things that had worked before. When we needed help, support often couldn't explain what had gone wrong.

We wanted a service we could trust with our own money, built by people who understood both the engineering and the consequences of a missed trade. So we built PineHook.

Today, we operate from Quebec, Canada. We test releases through thorough automated and manual checks, publish latency and uptime reports, and give traders detailed records of their alerts. Customer feedback directly shapes what we build next.

User comments

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Koinly no reviews yet
PineHook no reviews yet

We have no reviews of PineHook yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Koinly 306 mentions
PineHook 0 mentions
  • Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?
    Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for... Source: almost 3 years ago
  • 48-nation bloc to crack down on using crypto assets to avoid tax
    Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses.... - Source: Hacker News / almost 3 years ago
  • Questions about defi
    -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: over 3 years ago

View more

Tracking PineHook since Sep 2026.

Alternatives to Koinly and PineHook

When comparing Koinly and PineHook, you can also consider the following products.