MyTradeLens vs TradeZella: a cheaper, auto-syncing trading journal
TradeZella is a popular, full-featured trading journal. MyTradeLens takes a more focused approach: automatic broker sync, options-accurate P&L, and one flat, low price. Here’s an honest side-by-side so you can pick the right fit — not just the most-advertised one.
| MyTradeLens | TradeZella | |
|---|---|---|
| Monthly price | One flat plan at $14.99 — everything unlocked | Tiered subscription plans |
| Free trial | 14-day free trial | Trial / demo (see their site) |
| Broker auto-sync | Read-only OAuth (Schwab); IBKR Flex Query; Moomoo CSV | Broker connections + imports |
| Options P&L | Automatic round-trips with per-contract fees applied | Supported |
| Built for | Active options & equities traders | All-around trading journal |
| Core analytics | P&L by symbol / day / hour, profit calendar, expectancy, goals + alerts | Analytics, reports, notebook |
Details about TradeZella are based on publicly available information and may change. Check tradezella.com for their latest features and pricing.
Why traders choose MyTradeLens
- One flat price — $14.99/mo with everything unlocked, no tiers and no per-broker fees.
- Set-and-forget Schwab sync — read-only OAuth with a 10-year backfill; nothing to upload.
- Options math done right — multi-leg fills become true round-trips with per-contract fees applied.
- A real 14-day free trial so you can test it with your own trades first.
When TradeZella might be the better fit
TradeZella is a strong, broad product with a large community and a lot of educational content. If you trade futures or forex heavily, or you specifically want that ecosystem, it may suit you. MyTradeLens is deliberately narrower — built for options and equities traders who want automatic broker sync and one simple price.
MyTradeLens vs TradeZella — FAQ
Is MyTradeLens a good TradeZella alternative?
Yes — especially for options and equities traders who want automatic broker syncing and flat pricing. MyTradeLens connects read-only to Charles Schwab (with Interactive Brokers via Flex Query and Moomoo via CSV), reconstructs your trades into round-trips with per-contract fees, and charges one flat $14.99/month with a 14-day free trial.
Does MyTradeLens sync with my broker?
MyTradeLens connects to Charles Schwab through read-only OAuth and imports your order history automatically, including a 10-year backfill. Interactive Brokers syncs via Flex Query and Moomoo imports via CSV. It never places trades or moves money.
How much does MyTradeLens cost?
MyTradeLens is one flat plan at $14.99/month with every feature unlocked — no tiers and no per-broker fees — plus a 14-day free trial. For TradeZella’s current pricing, check their site, as plans change.