3Commas Review

3Commas Review

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Trading Bot Review

Pricing

  • Free Plan: Limited features, suitable for beginners.
  • Starter Plan: $22/month (with annual payment).
  • Advanced Plan: $37/month (with annual payment).
  • Pro Plan: $74/month (with annual payment).

Platform Overview

  • Supported Exchanges: 18, including Binance, Coinbase, and Kraken.
  • Available Platforms: Web and mobile app.
  • Customer Support: Email, FAQ, and social media.

Pros:

  • Access multiple major cryptocurrency exchanges from one platform.
  • Copyable bot library and customizable strategies.
  • User-friendly dashboard with key functionalities in one location.
  • Good customer service and educational resources.

Cons:

  • Slight performance lag on the mobile app.
  • Trading bot commissions for lower-tier plans.

About 3Commas

Founded in 2017 by Yuriy Sorokin, Egor Razumovskii, and Mikhail Goryunov in Tallinn, Estonia, 3Commas is an automated trading platform specializing in cryptocurrency bots. It offers traders a way to automate their strategies, monitor portfolios, and execute trades 24/7 without manual intervention.

3Commas allows both beginners and advanced traders to leverage pre-designed bots or create custom strategies. By linking to major exchanges through API keys, users can execute trades without transferring funds to 3Commas, ensuring security and convenience.

Platform & Features

Built-In Trading Strategies

3Commas offers access to various pre-built bots, such as:

  • Short Bots: Ideal for market downturns.
  • DCA Bots (Dollar-Cost Averaging): Aims to lower entry price and improve profitability.
  • GRID Bots: Optimize trading across price ranges.
  • Composite Bots: Trade multiple pairs simultaneously.

The platform also supports social trading, where users can mimic strategies and portfolios from successful traders.

Easy Automation

Traders can automate processes like:

  • Executing trades based on predefined conditions (e.g., take-profit, stop-loss).
  • Setting trading pairs, capital allocation, and return goals during onboarding.

Exchange Compatibility

The platform integrates with 18 major cryptocurrency exchanges, including:

  • Binance
  • Coinbase Pro
  • Huobi
  • Kraken
  • KuCoin

Mobile App

Available for all plans, the mobile app replicates most desktop features, allowing users to manage bots, trades, and strategies on the go. However, performance lags in alerts and trade execution have been noted on mobile devices.

Ease of Use

The 3Commas interface is intuitive, designed to simplify bot trading for users of all experience levels. Key features, like smart trades, bot creation, and portfolio monitoring, are accessible with a single click. Tools like sliders and labeled indicators make strategy adjustments straightforward.

3Commas Pricing Plans

PlanFeaturesPrice (Annually)
Free1 GRID Bot, 1 Options Bot, 1 DCA Bot, 1 Active SmartTrade, unlimited Scalper Terminal.Free
StarterSame as Free, but includes unlimited Active SmartTrades and access to Paper Trading.$22/month
AdvancedUnlimited DCA Bots (Single Pair), 1 Smart Bot, additional features like Paper Trading.$37/month
ProUnlimited GRID, Options, and DCA Bots (Multi-Pair), plus advanced features for power users.$74/month

All plans include:

  • Integration with 16+ exchanges.
  • Multi-level referral program.
  • TradingView integration.
  • Unified crypto portfolio management.

How to Open an Account

  1. Visit the Website: Go to the 3Commas homepage.
  2. Choose a Plan: Select the Free plan or a premium plan.
  3. Register: Provide an email and password, then verify your account via email.
  4. Connect an Exchange: Link your crypto exchange using API keys.
  5. Start Trading: Set up bots or manually execute trades.

Payments can be made via fiat, cryptocurrency, or platforms like PayPal.

In Conclusion

3Commas is an excellent automated trading platform for users at all experience levels. Its user-friendly design and extensive features, like social trading and customizable bots, make it a versatile tool for optimizing cryptocurrency trades.

While the platform’s mobile app has room for improvement, its desktop interface and compatibility with major exchanges make it a reliable choice. Beginners can start with the Free plan, while seasoned traders will benefit from the Pro plan’s advanced capabilities. Give the free trial a shot to see if 3Commas suits your trading needs.

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