TradeLog is the default pick for most individual traders who need mark-to-market tax reporting, while Koyfin is the default pick for investors who want current portfolio values, screening and research in one place. TradeLog charges $359 for the first year of its Trader plan, then $287.20 a year on renewal, and each subscription includes only one File Key, with extra keys at $79 each. Sharesight starts at $7 per month billed annually and its free plan covers 10 holdings, so it suits small listed portfolios, while Numerix, Bloomberg Terminal, LSEG Workspace and Molecule are quote-only enterprise tools.
Mark-to-market, or MTM, means valuing an asset or a position at its current market price instead of its original purchase price. The right tool depends on the job, because a trader who files under Section 475 needs tax reports, an investor needs current portfolio values, and a derivatives desk needs pricing models for complex contracts. This list covers all three jobs, with prices taken from official vendor pages checked on 2026-11-12, and quote only where the vendor publishes no price.
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Best mtm software: comparison table
Swipe the table sideways on a phone to see every column.
| # | Name | Best for | Starting price | Free plan / trial | Link |
|---|---|---|---|---|---|
| 1 | TradeLog | Traders who need Section 475 mark-to-market tax reports | $359 per year | Free trial (30 days) | Visit |
| 2 | Koyfin | Investors who want portfolio values, screening and research | $39 per month | Yes | Visit |
| 3 | Sharesight | Investors who track listed shares, ETFs and dividends | $7 per month | Yes | Visit |
| 4 | TIKR | Investors who want global stock data and valuation metrics | $24.95 per month | Yes | Visit |
| 5 | Numerix CrossAsset | Desks that price complex derivatives and structured products | quote only | No | Visit |
| 6 | Bloomberg Terminal | Large firms that need market data, news and analytics in one place | quote only | No | Visit |
| 7 | LSEG Workspace | Research teams that need market data, Reuters News and analytics | quote only | No | Visit |
| 8 | Molecule | Energy and commodity traders who need mark-to-market values daily | quote only | No | Visit |
The 8 best best mtm software tools, in detail
TradeLog
Best for: Traders who need Section 475 mark-to-market tax reports
TradeLog is built for traders and active investors who must report trades at year-end market values. It automates year-end mark-to-market adjustments, produces a Securities Marked to Market Report, and supports reporting for IRS Form 4797 and Section 481 adjustments, plus totals for Form 6781 on Section 1256 contracts. The Trader plan costs $359 for the first year, covers up to 5,000 trade records, and includes unlimited broker accounts and one File Key.
- The renewal price for later years is $287.20 a year, a 20 percent saving on the first-year price.
- Elite costs $459 for the first year, covers more than 5,000 trade records, and renews at $367.20 a year.
- A 30-day free trial lets a new user import trades and preview reporting, but the trial does not allow copying data, exporting reports, or running the
- Choose TradeLog if you file as a Section 475 trader, not if you only want a live portfolio value.
Pros
- Section 475 mark-to-market reports for Form 4797 and Section 481
- imports trade history from more than 40 brokers
- wash sale tracking across accounts
Cons
- Mark-to-market features are available only in the Trader and Elite versions, not the entry version
- each subscription includes only one File Key, and extra keys cost $79 each
Koyfin
Best for: Investors who want portfolio values, screening and research
Koyfin is a browser-based research platform that values holdings with current market data and pairs that view with screening, charting and dashboards. The free plan costs $0 a month and includes 2 years of financials, 1 year of estimates, advanced charting, 2 watchlists, 2 screens and 2 custom dashboards. Plus costs $39 a month billed annually and adds 10 years of financials and estimates, ETF holdings, a stock and ETF screener, unlimited watchlists and screens, filings and transcripts, and premium news.
- Premium costs $79 a month billed annually and adds advanced portfolio analytics, unlimited custom data and custom formulas, custom financial templates
- Advisor Core costs $209 a month billed annually and adds model portfolios, client portfolios, 10 client proposals and reports a month, 1 custodian int
- Advisor Pro costs $299 a month billed annually and raises client proposals and reports to 200 a month.
- Choose Koyfin for research and portfolio tracking at a clear monthly price, not for tax filing reports.
Pros
- Free plan with 2 years of financials and 1 year of estimates
- Plus adds 10 years of financials and estimates with unlimited watchlists and screens
- 100,000 plus global company snapshots on Plus
Cons
- Custom formulas and custom financial templates start only on Premium at $79 per month billed annually
- mutual fund data starts only on the Advisor plans
TIKR
Best for: Investors who want global stock data and valuation metrics
TIKR is a stock research platform that values companies with current financial data, key valuation metrics and analyst estimates. The free plan covers United States stocks, with 5 years of financial history, 1 year of analyst estimates, 90 days of transcripts, top 40 fund holdings, unlimited watchlists and 1 saved screen. Plus costs $24.95 a month and adds full global data, 10 years of financials, 2 years of estimates, 1 year of transcripts, top 150 fund holdings and 10 saved screens.
- Pro costs $54.95 a month and adds 20 years of charting, 4 years of estimates, revision trends, 10 years of transcripts with audio and slides, more tha
- Ultimate costs $119.95 a month and adds 30 years of financials, 5 years of estimates, full transcript history, a custom dashboard and unlimited saved
- New users get a 14-day money-back guarantee on subscription plans.
- Choose TIKR for low-cost global stock research and valuation work.
Pros
- Free plan covers United States stocks with 5 years of financial history
- Plus adds full global data and 10 years of financials
- 14-day money-back guarantee on subscription plans
Cons
- Free plan is limited to United States stocks, 1 year of analyst estimates and 90 days of transcripts
- Excel export and management guidance start only on Pro
Numerix CrossAsset
Best for: Desks that price complex derivatives and structured products
Numerix CrossAsset is a derivatives pricing and risk analytics library for structuring, pricing and managing vanilla and exotic derivatives and structured products. It covers equities, interest rates, foreign exchange, credit, commodities, inflation, cash securities, structured products, exchange-traded products, structured finance and crypto derivatives. The page lists more than 250 pre-defined deal templates, a payoff scripting language for new instrument types, and full coverage of global risk-free rates.
- CrossAsset XL runs inside Microsoft Excel for pre-trade price discovery, stress testing and monitoring of trading strategies.
- The CrossAsset SDK is available in Python, Java, C# and C++, so a firm can embed the same pricing and risk analytics in its own systems.
- Numerix publishes no price for CrossAsset, so the starting price here is quote only.
- Choose CrossAsset if your desk prices exotic or structured products and needs one model library across asset classes.
Pros
- More than 250 pre-defined deal templates for derivatives
- SDK in Python, Java, C# and C++
- Excel version for pre-trade price discovery and stress testing
Cons
- No published price, so budgeting needs a vendor quote
- no free plan or self-serve trial is published on the product page
Bloomberg Terminal
Best for: Large firms that need market data, news and analytics in one place
Bloomberg Terminal is the best-known professional workstation for mark-to-market valuation, because it pairs live market data with news, research, analytics and messaging in one place. A trading desk can value positions at current market prices, check news that moves those prices, and message counterparties without leaving the product. Bloomberg publishes no price for the Terminal, so the starting price here is quote only, and buyers request a demo and talk to sales.
- There is no free plan, and access is sold as a subscription for named users.
- The cost, contract length, data entitlements and add-on modules all depend on the quote.
- Choose the Terminal if your firm already runs on Bloomberg data and needs one workstation for data, news and trading workflows.
Pros
- Market data, news, research and analytics in one product
- messaging and trading workflows sit beside the data
- access from other computers and phones for subscribers
Cons
- No published price list, so every buyer must go through sales
- no free plan and no self-serve signup is published
LSEG Workspace
Best for: Research teams that need market data, Reuters News and analytics
LSEG Workspace is the successor to Refinitiv Eikon and the main workstation alternative to the Bloomberg Terminal for mark-to-market research. It combines market data across asset classes with news, fundamentals and analytics, and it includes proprietary tools such as StarMine and MarketPsych plus a suite of built-in calculators. The product page states exclusive access to Reuters News combined with 10,000 other sources.
- Workspace is designed to work inside Microsoft 365, with Teams communication and LSEG Messenger in the same environment as the data.
- It supports wealth advisors, investment bankers, sales and trading teams, and analysts and portfolio managers, with desktop and web versions for Windo
- LSEG publishes no price list for production seats, so the starting price here is quote only, and data entitlements are licensed by asset class, geogra
Pros
- Exclusive Reuters News plus 10,000 other sources
- StarMine and MarketPsych analytics and built-in calculators
- Microsoft 365 and Teams integration
Cons
- No published price for production seats, so budgeting needs a sales quote
- data entitlements are licensed separately, which can raise the total cost
Molecule
Best for: Energy and commodity traders who need mark-to-market values daily
Molecule is a cloud ETRM platform, which means energy trading and risk management, and mark-to-market valuation sits at the centre of it. The product page says industry-standard calculations power its mark-to-market and option models, and once trades and market data arrive, Molecule produces positions, profit and loss, and risk in near real time. Molecule supports more than 50 commodities, including power, renewables, gas and crude, plus power purchase agreements and renewable certificates.
- It pulls end-of-day data from Morningstar, MarketView, ISO pricing where supported, and major exchanges such as ICE and CME.
- It also reconciles statements automatically across more than 20 clearing firms, and it holds SOC-1 and SOC-2 certifications.
- Molecule publishes no price, so the starting price here is quote only, and buyers request a demo.
Pros
- Mark-to-market and option models run automatically once trades and market data arrive
- supports more than 50 commodities
- reconciles statements across more than 20 clearing firms
Cons
- No published price, so budgeting needs a vendor quote
- built for energy and commodity trading, so it is not a general stock portfolio tracker
How we chose
We chose tools that value positions at current market prices in a named, documented way: trader tax software with Section 475 mark-to-market reports, portfolio trackers that revalue holdings at market prices, research platforms with valuation metrics, and enterprise pricing libraries and trading systems with mark-to-market models. We did not test any tool hands-on. Prices and plan limits come from official vendor pricing pages and product pages opened on 2026-11-12, and we wrote quote only where the vendor publishes no price. We did not use customer counts, awards or review scores to rank items.
Pick by budget and use case
| Budget or use case | Pick | Starting price |
|---|---|---|
| Under $10 a month, listed portfolio | Sharesight Starter | $7 per month (billed annually) |
| Under $50 a month, research and screening | Koyfin Plus or TIKR Plus | $39 per month (billed annually) or $24.95 per month |
| Trader tax filing under Section 475 | TradeLog Trader | $359 per year |
| Derivatives desk, complex products | Numerix CrossAsset | quote only |
| Energy or commodity trading desk | Molecule | quote only |
| Large firm, one workstation for data and news | Bloomberg Terminal or LSEG Workspace | quote only |
Frequently asked questions
What is MTM software?
MTM software values assets, positions or portfolios at current market prices instead of original purchase prices. Trader tax tools use it for year-end reports, portfolio trackers use it for daily performance, and derivatives systems use it for pricing and risk.
How much does MTM software cost?
Costs range from $0 on free plans to quote-only enterprise contracts. Sharesight starts at $7 a month billed annually, TIKR Plus costs $24.95 a month, Koyfin Plus costs $39 a month billed annually, and TradeLog Trader costs $359 a year. Numerix CrossAsset, Bloomberg Terminal, LSEG Workspace and Molecule publish no price, so ask each vendor for a written quote.
Which MTM software is best for individual traders?
TradeLog is best for individual traders who file under Section 475, because it automates year-end mark-to-market adjustments and produces Form 4797 and Section 481 reports. Koyfin is best for investors who want research and portfolio values, and Sharesight is best for dividend and tax reporting on a listed portfolio.
Which MTM software is best for a derivatives desk?
Numerix CrossAsset is best for a derivatives desk that prices complex or structured products, because it offers more than 250 deal templates, a payoff scripting language and an SDK in Python, Java, C# and C++. Bloomberg Terminal and LSEG Workspace suit large firms that also need news and broad market data, while Molecule suits energy and commodity desks.
Does MTM software replace an accountant or a tax adviser?
No, MTM software prepares values and reports, but it does not replace professional advice. TradeLog produces IRS-ready reports for Forms 8949, 4797 and 6781, yet the election, the filing position and the treatment of complex trades still need a qualified adviser.
Sources
- https://tradelog.com
- https://tradelog.com/get-started/
- https://www.koyfin.com
- https://www.koyfin.com/pricing
- https://www.sharesight.com
- https://www.sharesight.com/us/no-more-spreadsheet/
- https://www.tikr.com
- https://www.tikr.com/pricing
- https://www.numerix.com
- https://www.numerix.com/crossasset
- https://www.bloomberg.com/professional/products/terminal/
- https://www.lseg.com/en/data-analytics/products/workspace
- https://molecule.io
- https://molecule.io/
Prices and features were read on each company’s own website in November 2026. They change often, so confirm the current offer on the official site before you sign up or buy.