EasyFin vs PocketSmith
FX rates that don't move your history
EasyFin is a PocketSmith alternative for multi-currency users whose reports need to stay put. Both handle many currencies well and both store per-day rates for transactions. The difference is what sits on top: PocketSmith converts account balances as at each account's last balance date and cannot convert transfer budgets across currencies, while EasyFin builds balances from transactions already converted at their own dates. Both gate bank feeds behind a paid plan, but EasyFin's costs $90 a year against PocketSmith's $199.92.
Key takeaways
- PocketSmith does store per-day exchange rates for transactions — a claim often reported incorrectly, including in earlier versions of this page.
- Account balances are a different matter: they convert as at the account's last balance date, so a combined net worth figure moves as rates move.
- Transfer budgets between accounts in different currencies are not supported, and all currencies display at two decimal places regardless of their actual subunit.
- PocketSmith's forecasting is the best in the category and covers 190+ countries; EasyFin has no answer to either.
What is PocketSmith?
PocketSmith is a long-established personal finance app built around forecasting: it projects daily balances up to sixty years out and models what-if scenarios against them, which nothing else in this comparison attempts. It handles multiple currencies natively with a per-account currency and a chosen base, covers over 190 countries, categorizes with rules, and tracks net worth including property and crypto. It runs on iOS, Android and a full web app, and has a permanently free plan — limited to manual import, 2 accounts and a 6-month projection horizon. Automatic bank feeds start on the paid tiers, and multi-country feeds start on Flourish at roughly $199.92 a year. Of every app here, PocketSmith is the closest to EasyFin in intent.
How does PocketSmith handle exchange rates?
Better than commonly reported, and not completely. PocketSmith stores a conversion rate per day and uses it for transaction amounts, so transaction-level history does not restate as rates move — a claim to the contrary appeared in an earlier version of this page and was wrong. Where it does restate is balances: an account's converted balance is calculated as at that account's last balance date, so a combined net worth figure shifts with the market rather than reflecting what things were worth when you held them. Its multi-currency documentation also lists constraints that are easy to hit in practice — transfer budgets cannot span currencies, and every currency displays at two decimal places whether or not that matches its actual subunit.
“We store the conversion rates for each day and these are used for the transaction amount conversions.”
“The balances are converted as at the account's last balance date.”
“Currency conversion for transfer budgets between accounts with different currencies is not currently supported.”
“PocketSmith can only display two decimal places for all currencies.”
What both apps do
- Multi-currency accounts with automatic conversion
- Per-account currency
- Automatic categorization with rules
- Net worth including property and crypto
- iOS, Android and a full web app
- A permanently free plan
Where they differ
| Feature | EasyFin | PocketSmith |
|---|---|---|
| Bank sync on the free plan | No — Pro | No — paid only |
| Historical FX per transaction | Yes | Yes — per-day rates |
| Historical FX on balances | Yes | No — last balance date |
| Cross-currency transfer budgets | Yes | No |
| Multi-country sync entry price | $90/yr | ~$199.92/yr |
| Voice transaction entry | Yes | No |
| Investment holdings | Yes | Balance level only |
| Long-range forecasting | No | Yes — up to 60 years |
| What-if scenarios | No | Yes |
| Countries covered | US, CA, UA | 190+ |
Bank feeds and what they cost
Both apps gate automatic bank feeds behind a paid plan, so the free tiers are not comparable on sync. The gap is the price of the tier you actually need: PocketSmith's multi-country feeds start on Flourish at roughly $199.92 a year, while EasyFin's Pro is $90 and covers every supported country at that price. If you hold accounts in one country, PocketSmith's cheaper tiers narrow this considerably.
Historical rates at transaction level
Both store per-day rates and apply them to transactions, so neither restates transaction history. EasyFin extends the same treatment to budgets, freezing the rate at the moment spending is counted against a budget, and to balances, which are built from stored rates rather than converted at a single later date.
Balances and net worth
PocketSmith converts an account's balance as at that account's last balance date, so the combined figure moves with the market. EasyFin composes balances from transactions already converted at their own dates, so net worth history is a record rather than a live recalculation. For a portfolio held across currencies over years, this is the difference that shows up in a chart.
Transfer budgets across currencies
PocketSmith does not support them — a budgeted transfer between a euro account and a dollar account has no conversion. EasyFin treats a cross-currency transfer as one movement with both sides converted at the transaction date's stored rate. If you regularly move money between currencies on a schedule, this is the constraint you will hit first.
Investment holdings
PocketSmith tracks investment accounts at the balance level. EasyFin tracks holdings, cost basis and individual investment transactions, valuing each at its own date's exchange rate. EasyFin revalues nightly rather than intra-day, so this is depth rather than immediacy.
Long-range forecasting and scenarios
PocketSmith projects daily balances up to sixty years out and models what-if scenarios against them. EasyFin does neither and has nothing comparable planned. This is the single strongest reason to choose PocketSmith and it is not close.
Countries covered
PocketSmith covers over 190 countries; EasyFin covers the United States, Canada and Ukraine. If your bank is not in one of those three, PocketSmith is likely the only one of the two that can connect to it at all.
How each app handles more than one currency
The two apps are closer here than any other pairing in this comparison. Both assign a currency per account, both convert into a chosen base currency, and both store per-day rates for transactions. They diverge on everything built on top of transactions: PocketSmith converts account balances as at each account's last balance date, does not convert transfer budgets across currencies, and displays every currency at two decimal places. EasyFin composes balances from already-converted transactions, freezes the rate when spending is counted against a budget, and converts both sides of a cross-currency transfer at the transaction date's rate.
Price
| Monthly | $10 vs $14.95–$39.95 |
|---|---|
| Annual | $90 vs ~$119.88–~$319.92 |
| Free plan | Both yes — PocketSmith's excludes bank feeds |
| Trial | EasyFin 14 days · PocketSmith 14-day refund |
PocketSmith pricing verified against the vendor's own pricing page on . Prices in USD.
The comparison depends entirely on which PocketSmith tier you need. Its cheaper paid tiers undercut EasyFin, but multi-country bank feeds — the case a multi-currency user is usually in — start at roughly $199.92 a year against EasyFin's $90 flat. Both have free plans and neither includes bank feeds on it; PocketSmith's is capped at 2 accounts and a 6-month projection horizon, EasyFin's at 3 accounts and 300 transactions a month with multi-currency and historical rates included. If forecasting is why you are here, the higher price buys something EasyFin cannot offer at any price.
Where PocketSmith is the better choice
PocketSmith's forecasting is the best in the category — daily projected balances decades out, with what-if scenarios EasyFin has no answer to. It also covers far more countries. If long-range planning is why you want the app, PocketSmith is the better choice.
Moving from PocketSmith to EasyFin
- Export your transactions from PocketSmith. Its web app exports per account as CSV, which preserves each account's own currency.
- Install EasyFin and set your preferred currency — the equivalent of PocketSmith's base currency.
- Recreate your accounts with matching currencies. PocketSmith's per-account currency maps directly, so this is a copy rather than a redesign.
- Import each account's CSV. Transactions keep the currency they were recorded in and are converted at their own dates' stored rates.
- Connect banks through Plaid for US and Canadian institutions and Monobank for Ukrainian ones. If your bank is outside those three countries, EasyFin cannot sync it — check this before migrating.
- Rebuild budgets. Rollover carries underspend forward automatically, and a cross-currency transfer budget — which PocketSmith could not convert — now works.
Frequently asked questions
- Does PocketSmith's free plan include bank feeds?
- No. The free plan is limited to manual file import with a cap of 2 accounts and a 6-month projection horizon. Automatic bank feeds start on the paid tiers, and multi-country feeds start on Flourish at roughly $199.92 a year.
- How does PocketSmith convert foreign currency?
- PocketSmith stores a conversion rate for each day and uses it for transaction amounts, so transaction history does not restate. Account balances are different: PocketSmith converts them as at the account's last balance date, so a combined net worth figure moves as rates move. EasyFin builds balances from transactions already converted at their own dates.
- Is PocketSmith or EasyFin better for multi-currency?
- They are the closest pair in this comparison. Both assign a currency per account and store per-day rates for transactions. EasyFin additionally converts balances from already-converted transactions, freezes the rate when spending is counted against a budget, and supports cross-currency transfer budgets, which PocketSmith does not.
- How much does PocketSmith cost compared to EasyFin?
- It depends on the tier. PocketSmith's cheaper paid tiers undercut EasyFin, but multi-country bank feeds start on Flourish at roughly $199.92 a year against EasyFin's $90 flat. Both have free plans, and neither includes bank feeds on it.
- Does PocketSmith do long-range forecasting?
- Yes, and it is the best in the category — daily projected balances up to sixty years out with what-if scenarios. EasyFin has no forecasting at all. If long-range planning is why you want the app, PocketSmith is the better choice.
- Which countries does PocketSmith cover?
- Over 190. EasyFin covers the United States, Canada and Ukraine. If your bank is outside those three countries, PocketSmith is likely the only one of the two that can connect to it.
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