Ghostfolio vs Monarch Money
Ghostfolio and Monarch Money are both personal finance software. Ghostfolio is open source under AGPL-3.0, with 9.6k GitHub stars. Monarch Money is a commercial product from Monarch Money.
Which to pick
- Pick Ghostfolio when
- You invest across several brokers and want one private portfolio view, self-hosted or as a paid hosted service.
- Pick Monarch Money when
- A US household wants a modern Mint replacement with collaboration between partners.
Side by side
A wealth management app that tracks stocks, ETFs and crypto holdings across accounts and shows performance, allocation and dividends.
Connects bank, card and investment accounts to track spending, budgets, net worth and shared household goals.
Market data comes from external providers whose limits can affect accuracy, and some features are reserved for the paid plan.
Subscription only, and bank aggregation coverage is mainly US.
Production-ready (both)
Self-hosted server and cloud service
Cloud service and mobile app
TypeScript, Angular, NestJS, Prisma, PostgreSQL and Redis
Not published
Open source, AGPL-3.0 (network copyleft)
Closed source, sold by Monarch Money
Use inside your business is unrestricted. If you change it and let customers use it over the internet, you must publish your changes.
Closed source: you use it under the maker's terms and cannot change or resell the code.
9.6k GitHub stars
No Wikipedia article of its own
Established: started 5 years ago, latest release 3.97.0.
Not known
Other comparisons
More personal finance and budgeting apps
Both sides were judged on 2026-11-03 from makers' descriptions, Wikipedia, READMEs and GitHub data. License, age and popularity lines are worked out directly.