Switching guide

Moving off Navexa? Plan the migration first

Navexa is built for Australian tax reporting. This page is for investors comparing a move to Metrifly: how to migrate without losing parcel accuracy, what a parallel run should prove, and when the switching cost outweighs the saving.

Free forever · No credit card required

FeatureMetriflyNavexa
Pricing
Free tier$0 · 1 portfolio · 10 holdings · dividend trackingNone · 14-day free trial
Plan with tax reportingStarter — $6.67/mo billed annually ($8 monthly) · 1 portfolio · unlimited holdingsBasic — $20/mo ($240/yr)
Standalone tax add-onNo standalone add-on · tax reports included from StarterNot publicly listed
Multi-portfolio planStandard — $12.50/mo billed annually ($15 monthly) · 3 portfolios · unlimited holdingsStandard — $25/mo ($300/yr) · 3 portfolios
AU Tax
AU CGT report + 50% discountSupportedSupported
Entity-aware (Individual / Company / Trust / SMSF)SupportedSupported
Sale-allocation methods (FIFO / LIFO / minimise …)SupportedSupported
Franking credits + franked/unfranked splitSupportedSupported
AMIT / trust distributionsSupportedSupported
Foreign income / FITOSupportedSupported
ATO myTax reportSupportedSupported
Assets & Coverage
Crypto assetsSupportedSupported
Multi-currency / FXSupportedSupported
Brokers / exchanges100+ brokers172+ brokers & exchanges
SMSF supportSupportedSupported

Disclosure: Metrifly is our product. Competitor facts are sourced from each competitor's own pages. Last updated: 2026-06-15.

Migration

How to switch from Navexa to Metrifly

Navexa and Metrifly both handle CGT, franking and foreign income — so the decision is workflow and price, not a feature gap on paper. Prove that with your own data.

  1. Export broker files, not just reports

    Download CSVs from each broker and exchange you track. Report PDFs alone rarely rebuild parcel history correctly if you need to change allocation methods later.

  2. Import and map entities

    Set Individual, Company, Trust or SMSF portfolios to match how you lodge. Metrifly Standard adds multi-portfolio and entity-aware reporting if you need it.

  3. Match holdings to broker statements

    Quantity, cost base and YTD dividends should tie to your broker — especially after DRPs, ETF distributions and crypto disposals.

  4. Compare tax exports side by side

    Run CGT and income reports in Navexa and Metrifly for the same year. Investigate any variance in parcels, AMIT adjustments or FITO before you cancel.

  5. Switch when you trust the Metrifly output

    Keep Navexa through at least one reconciliation cycle if history is complex. Subscription savings only matter after reports agree.

Because both products target AU tax, a one-week trial is not enough — budget time for a full-year dry run if you have AMIT, foreign income or crypto.

Australian tax reality check

Reconcile the awkward rows, not the brochure

Trust distributions with AMIT components, foreign withholding, crypto-to-crypto disposals and DRP-created parcels are where two AU-tax trackers diverge. Those are the lines to match in a parallel run.

Best fit

Choose the tracker that fits your workflow

A useful comparison should help you decide, not pretend one product is best for everyone.

Metrifly is likely a fit if

  • You want an ongoing free tier instead of a timed trial while you import real broker data.
  • You want a lower entry price for one portfolio with tax reporting and are willing to re-reconcile once.
  • You track crypto or foreign shares beside ASX holdings and want one import workflow.

Consider staying put if

  • Navexa already reconciles your portfolios and your accountant prefers its export layout.
  • You depend on a Navexa integration or report Metrifly does not yet replicate.
  • Re-importing multi-year history would reopen parcel fixes you have already done in Navexa.

Decision points

The bits that change the answer

No generic checklist: these are the trade-offs Australian investors usually discover only after importing real data.

Trial vs free

Time pressure changes the test

A 14-day trial forces quick imports. Metrifly Free lets you reconcile at EOFY pace — useful when history spans multiple brokers.

Tax parity

Assume feature parity until proven otherwise

Both products list CGT, franking, AMIT and FITO. Your migration test is whether exports reconcile — not whether a marketing page ticks the same boxes.

Stay if

Sunk reconciliation is real

If Navexa already survived an accountant review, switching for a few dollars a month without a parallel run is often false economy.

FAQ

Questions, answered

How do I migrate from Navexa to Metrifly?

Export broker CSVs, import into Metrifly with the correct entity type, reconcile holdings to broker statements, then compare CGT and income reports for the same tax year before cancelling Navexa.

Is a 14-day Navexa trial enough to decide?

Often not for complex portfolios. Metrifly Free lets you import and reconcile without a trial clock — useful when you have AMIT, foreign income or crypto to validate.

When should I stay on Navexa?

Stay if Navexa already reconciles your history, your accountant prefers its exports, or re-importing would reopen parcel work you have finished.

Do Metrifly and Navexa cover the same AU tax features?

Both target CGT, franking, AMIT and foreign income on paper. Run a parallel EOFY dry-run on your own data — that is the migration test, not the feature list.

Keep comparing

Related comparisons

Try Metrifly free

Track a portfolio and its dividends on the free plan, then reach Australian CGT and income reporting from $6.67/mo billed annually. No credit card required.

Free forever · No credit card required