HQ Wealth

HQ Wealth is a web-based double-entry accounting system for crypto and conventional assets. It fits investors, families, and accountants who need reconciled books, tax-lot control, and formal reporting rather than portfolio tracking alone. Its broad ledger and audit controls are persuasive, but the free tier is best treated as an evaluation allowance.

Overview

HQ Wealth puts cash, equities, property, crypto, bank accounts, brokerages, wallets, and exchanges into one accounting book. That makes it suitable for a household or practice with mixed assets, not just a single exchange account. HQ FS positions the product as software, not a bank, broker, custodian, exchange, or licensed financial adviser; it does not execute trades or hold cryptocurrency.

The service is web-only and comes from Singapore. HQ FS says it serves investors, families, and accountants, with the product created by a tax and finance consultant with 10 years of experience in the Netherlands.

Key features

Crypto connectivity is substantial: HQ Wealth supports 32 EVM chains and 25 exchange integrations, alongside wallet and exchange imports. Those numbers give active multi-platform users a practical route to consolidate records, while the wider asset ledger keeps bank and traditional-asset entries in the same books.

Cost basis supports FIFO, LIFO, and HIFO, with FIFO as the default. Modeling disposals before trading helps users compare tax-lot consequences without turning the accounting product into a trading tool. Tax-lot tracking and accounting exports make the system more useful for filing and review than a simple holdings dashboard.

Reconciliation compares imported movements with canonical chain state, exchange API balances or CSV statements, and bank feeds. Unmatched entries move to a reconciliation queue, so the system surfaces exceptions instead of silently treating imports as complete. Automatic internal-transfer pairing can reduce duplicate movement cleanup, while a system-wide blocklist flags scam and airdrop tokens; neither removes the need to review exceptions.

Outputs include jurisdiction-aware tax packs for 12 countries plus an IFRS-style general ledger, trial balance, and account reports. Postings are timestamped and immutable. Edits update in place but retain a full audit log, giving accountants and families a traceable record of changes.

Security controls are appropriate for connected financial data. Sensitive fields use AES-256-GCM encryption at rest with per-user HKDF-SHA-256-derived keys. Wallet connections use signed ownership messages, exchange keys must be read-only, and HQ FS says it never receives private keys or signing capability. Its coordinated vulnerability disclosure program provides [email protected], a 90-day disclosure window, and security.txt on every domain.

Pricing

The freemium structure lets a small user begin without payment, but the caps are narrow. HQ · VIP 0 · Free forever costs 0.00 USD and includes one portfolio, 12 templates, five on-chain scans per portfolio per month, one watchlist with 10 items, and a watermarked tax extract. It suits a light trial or a very small portfolio; scan, watchlist, and output restrictions will quickly matter for active investors.

The 100,000 API calls package costs 25.00 USD once. Its 100,000 credits do not expire and form a consumable bucket, making it a sensible choice when import volume is occasional but exceeds the free allowance. The Tax pack — current year costs $49 a year, is a non-renewing 12-month pass, and covers one jurisdiction and one tax year with IFRS-compliant PDF and CSV files. It is targeted at a specific filing cycle rather than continuing access.

VIP 1 — Lifetime unlock costs 50.00 USD once, never expires, and cannot be purchased twice. It is the low-cost permanent upgrade for users who need VIP 1 access, but it is separate from API capacity and tax-pack purchases. Premium imports — 1y costs $120 a year, has no auto-renewal, and provides unlimited high-throughput on-chain and exchange imports while bypassing the standard /api/import rate limit. That is the clearest fit for sustained importing.

For larger workloads, 1,000,000 API calls costs 200.00 USD once; the credits do not expire and are consumed as used. The plans are modular rather than a single all-inclusive subscription, so readers should match API credits, tax coverage, and import throughput to their actual workload.

Platforms

HQ Wealth runs on the web. Wallet, exchange, and bank connections are part of its accounting workflow, but the product remains a browser-based service rather than a native desktop or mobile application.

Who it's for

Choose HQ Wealth if you need one double-entry record across crypto and conventional assets, reconciled imports, selectable cost-basis methods, and accountant-oriented tax and ledger outputs. It is especially well matched to families with varied holdings, investors using many chains or exchanges, and accountants handling records that need an audit trail.

It is less suitable for someone who only wants a lightweight portfolio view, needs native mobile apps, or expects the software to execute trades or custody assets. The free plan is also unlikely to support high-frequency importing or substantial reporting.

Pros and cons

Pros

• Broad accounting scope: one double-entry book covers crypto, banks, brokerages, property, equities, and cash.
• Strong import reach: 32 EVM chains and 25 exchange integrations support complex crypto activity.
• Serious reconciliation: chain, exchange, CSV, and bank checks send discrepancies to a review queue.
• Useful tax and audit outputs: 12-country tax packs, IFRS-style reports, immutable postings, and a full edit log suit formal recordkeeping.
• Non-custodial connection model: read-only exchange keys and signed wallet ownership avoid private-key or signing access.

Cons

• Free-tier constraints: one portfolio, five monthly scans, a 10-item watchlist, and a watermarked tax extract limit ongoing use.
• Costs can stack: API credits, tax-year access, lifetime VIP access, and premium imports are separate purchases.
• Web only: there is no native mobile or desktop platform in the offering.
• Not a trading or custody service: users must use separate venues to execute trades or hold assets.

Alternatives

Browse the Crypto Accounting Software list for a wider comparison. Kryptos is a freemium, multi-platform option with a free tier capped at 100 transactions per tax year and a paid membership starting at $6.99 a month; choose it when that simpler allowance and Android or iOS access fit better.

CoinTracking offers web, mobile, and API access, with a free portfolio view and a seven-day unlimited-import trial; it is a better alternative when broad platform coverage and a trial are priorities. Pacioli is free and open-source, with Linux, macOS, Windows, web, and self-hosted options, for readers who prefer that deployment model.

rotki provides free desktop and self-hosted access with a 1,000-event allowance. CryptaCount is web-based and offers a B2B free tier for one user, one workspace, one wallet, 1,000 transactions per month, and one blockchain. Tokenbooks has a free web/API plan with one portfolio, five wallets, and 1,000 total transactions. Wag3s is a free web service during Alpha with wallet tracking, tax reports, AI categorization, multi-chain support, and portfolio analytics. Reckonry is a free alternative for Linux, Windows, and self-hosted use.

Verdict

HQ Wealth is a strong choice for investors, families, and accountants who need reconciled, auditable double-entry records across crypto and traditional assets. Choose it for its combination of chain coverage, cost-basis control, tax packs, and formal accounting reports. Look elsewhere if you want a native app, a simple portfolio tracker, or an all-in-one price that avoids separate limits for imports, API calls, and tax years.