The Free Nanonets Alternative for Brokerage Statements in 2026: Convert in Under 60 Seconds
Nanonets is a document-AI platform where you build extraction workflows out of blocks and pay per block run, which adds up as volume grows and takes some setup and tuning to get clean output. Reviewers note a steep learning curve for anything beyond the basics. That is a lot of machinery for pulling trades off a brokerage PDF once a year, so this free browser converter returns one row per transaction with cost basis and proceeds in seconds, and there is nothing to build or configure.
Brokerage Statement Converter vs Nanonets
| Criteria | Brokerage Statement Converter | Nanonets |
|---|---|---|
| Accuracy | 8.5 | 9.0 |
| Tax / format export | 8.5 | 7.5 |
| Speed | 9.0 | 8.0 |
| Ease | 9.5 | 6.5 |
| Price | 10.0 | 5.0 |
| Privacy | 9.5 | 7.0 |
| Overall | 9.1 | 7.3 |
Scores from our full 2026 comparison, out of 10.
Why people switch to Brokerage Statement Converter
- ✓Free tier, no signup to try
- ✓Instant, in-browser — files processed in memory and not stored
- ✓One row per trade/dividend with cost basis and proceeds
- ✓Handles foreign and multi-currency brokers, plus TXF/1099 export on Pro
When Nanonets is the better choice
If you are a developer wiring statement extraction into an automated pipeline with custom-trained models and API calls, Nanonets is the more flexible tool and worth the setup time.
Its trade-offs: Per-page/usage or custom pricing adds up at volume; Setup and tuning needed for clean statement output.
Try it in your browser — free, no signup.
Open Brokerage Statement Converter →Or see the full ranking of all 6 tools.