Alvest vs Koinly vs Midas: Which Portfolio Tracker is Best in 2026?

The Problem with Generic Portfolio Trackers

Most portfolio trackers are built for US or European investors. They handle stocks and crypto reasonably well. But for investors in Turkey or the Gulf region, they miss critical features:

- No BİST (Istanbul Stock Exchange) support - No TEFAS mutual funds - No Yİ-ÜFE tax indexing (Turkey's inflation-adjusted capital gains) - No Tadawul, DFM, or ADX (Gulf exchanges) - No Turkish lira denominated views

This creates a real problem: you can't manage what you can't measure.

Alvest vs Koinly

| Feature | Alvest | Koinly | |---------|--------|--------| | Price | ₺349/mo | $49/mo (~₺1,600) | | BİST support | ✅ | ❌ | | Gulf exchanges | ✅ | ❌ | | TEFAS funds | ✅ | ❌ | | Yİ-ÜFE tax | ✅ | ❌ | | AI analysis | ✅ | ❌ | | Turkish language | ✅ | ❌ | | Arabic language | ✅ | ❌ | | Binance API | ✅ | ✅ |

Koinly is excellent for pure crypto tax reporting in the US/EU. For Turkish or Gulf investors, it is almost useless — and 4x more expensive.

Alvest vs Midas

Midas is a Turkish investment app focused on stock trading. It offers portfolio tracking as a secondary feature:

| Feature | Alvest | Midas | |---------|--------|-------| | Price | ₺349/mo | Free | | Crypto tracking | ✅ | ❌ | | Gulf exchanges | ✅ | ❌ | | AI analysis | ✅ | ❌ | | Monte Carlo | ✅ | ❌ | | Correlation matrix | ✅ | ❌ | | Yİ-ÜFE tax | ✅ | ❌ |

Midas is fine for basic BİST stock tracking. It is not a portfolio analytics tool.

The Verdict

If you invest in BİST, Gulf markets, or crypto — Alvest is the only tool that covers all three in one place, with Turkish tax optimization and AI-powered analytics. There is no comparable alternative.

Alvest's free plan covers 3 positions per asset class — enough to test before committing.