Software Alternatives, Accelerators & Startups

3commas VS HyperTrader

Compare 3commas VS HyperTrader and see what are their differences

3commas logo 3commas

3commas.io provides tools for cryptocurrency traders and investors.

HyperTrader logo HyperTrader

HyperTrader is a modern trading platform where traders can organize smarter, analyze better, and trade faster.
  • 3commas Landing page
    Landing page //
    2023-07-31
  • HyperTrader Landing page
    Landing page //
    2023-09-30

3commas

Website
3commas.io
$ Details
Release Date
2017 January
Startup details
Country
Canada
State
Ontario
City
Toronto
Founder(s)
Yuriy Sorokin
Employees
10 - 19

3commas features and specs

  • User-friendly Interface
    3Commas offers an intuitive and easy-to-navigate interface that caters to both novice and experienced traders.
  • Automated Trading Bots
    The platform provides various automated trading bots, such as DCA, GRID, and options bots, which help users maximize their trading opportunities.
  • Wide Exchange Support
    3Commas supports a broad range of cryptocurrency exchanges, enabling users to trade across multiple platforms from a single interface.
  • Smart Trade Terminal
    The smart trade terminal allows users to set advanced trading strategies, including trailing stop loss and take profit, which can help optimize gains and limit losses.
  • Social Trading Features
    Users can follow and copy the trades of successful traders through the social trading features, offering a way to learn and potentially profit from experienced traders' strategies.
  • Portfolio Management
    The platform offers comprehensive portfolio management tools, enabling users to track and analyze their asset performance in real-time.
  • Mobile App
    3Commas offers a mobile app, giving users the flexibility to manage their trades and monitor the market on-the-go.

Possible disadvantages of 3commas

  • Subscription Costs
    The platform operates on a subscription basis, which may be expensive for some users, particularly those just starting out in trading.
  • Learning Curve
    While user-friendly, some of the more advanced features and strategies may have a steep learning curve for novice traders.
  • Reliance on API
    Users need to grant API access to their exchange accounts, which carries inherent risks in terms of security and privacy.
  • Market Dependency
    Automated trading bots perform based on market conditions; during highly volatile or low-liquidity periods, the bots may not perform as expected.
  • Limited Free Features
    The free plan offers very limited functionality, pushing users towards paid subscriptions to access the more useful features and tools.
  • Technical Issues
    Like any software platform, users may occasionally encounter technical issues such as bugs, system outages, or slow performance.

HyperTrader features and specs

  • Comprehensive Trading Tools
    HyperTrader offers a suite of advanced trading tools and features that cater to both novice and experienced traders, helping them to analyze market trends and execute trades effectively.
  • Multi-Exchange Integration
    The platform allows users to integrate with multiple cryptocurrency exchanges, providing a centralized interface to manage and execute trades across various markets.
  • User-Friendly Interface
    HyperTrader is designed with an intuitive and easy-to-navigate interface, making it accessible even for traders who are new to cryptocurrency trading.
  • Real-Time Data and Analytics
    Traders can access real-time market data, charts, and analytics, allowing them to make informed trading decisions quickly and accurately.

Possible disadvantages of HyperTrader

  • Subscription Costs
    While HyperTrader offers a robust set of features, it comes with subscription costs, which may not be suitable for traders with a limited budget.
  • Learning Curve
    Despite its user-friendly interface, the wide array of features may present a learning curve for beginners who are new to trading platforms.
  • Dependent on Reliable Internet Connection
    To fully utilize HyperTrader's features, a stable and fast internet connection is required, which may not be feasible for users in areas with limited connectivity.

Analysis of 3commas

Overall verdict

  • Overall, 3Commas is considered a reputable platform with a solid track record in the crypto trading community. Many users appreciate its user-friendly interface, comprehensive feature set, and continuous updates. However, like any trading platform, success depends heavily on how effectively you utilize its tools and strategies.

Why this product is good

  • 3Commas is a popular cryptocurrency trading platform known for offering a wide range of tools for both novice and experienced traders. It provides features such as automated trading bots, smart trade terminal, portfolio management, and more. These tools aim to optimize trading strategies, minimize risks, and maximize profits, making it attractive for users looking to enhance their trading capabilities.

Recommended for

    3Commas is recommended for cryptocurrency traders who are looking for automation to improve their trading strategies. It is suitable for both beginners who are interested in simplified trading solutions and experienced traders who wish to leverage advanced features like trading bots and detailed analytics.

3commas videos

3Commas Review & Tutorial - Profit Easily With 3commas Smart Trade 2020

More videos:

  • Review - Is 3Commas The Best Cryptocurrency Trading Software Binance 2019
  • Tutorial - Make Max Profits Trading Bitcoin & Crypto - [ 3commas tutorial ]

HyperTrader videos

Discuss HyperTrader features, roadmap, pricing or just ask me anything

More videos:

  • Review - Preview: New Ladder Order Types | HyperTrader 2.14.0
  • Tutorial - How to use and save time with HyperTrader on Binance/Future

Category Popularity

0-100% (relative to 3commas and HyperTrader)
Cryptocurrencies
95 95%
5% 5
Cryptocurrency Trading
100 100%
0% 0
Crypto
0 0%
100% 100
Cryptocurrency Investment

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare 3commas and HyperTrader

3commas Reviews

  1. 3commas

    easy to use


10 BEST Crypto Trading Bots for Automated Trading (2023)
3Commas is committed to helping traders reap maximum profit success by minimizing investor risks and limiting exposure to losses. With no need to install additional software and already integrated across a large number of exchanges, 3Commas is a favorite among traders. Focussing primarily on providing useful tools and easily customizable features, traders can create, connect...
Source: www.guru99.com
10 Best Crypto Bots
One of the best bots for buying cryptocurrency and its transactions, which is active in a completely intelligent way in short-term, medium-term, and long-term transactions, is the 3Commas. This robot has a very simple and smooth user interface and works great for digital asset protection and profitability.
Source: barterify.org
Best crypto trading bots 2020
3commas is a cloud-based service for cryptocurrency automated trading. While trading with the platform’s automation tools, you can do either manual trading or automated trading. Also, the platform gives you access to 30+ indicators and 90+ candle patterns.
Source: tradesanta.com

HyperTrader Reviews

We have no reviews of HyperTrader yet.
Be the first one to post

Social recommendations and mentions

Based on our record, 3commas seems to be more popular. It has been mentiond 50 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

3commas mentions (50)

  • Show HN: Stock assessment from multiple AIs (Building in Public)
    Pretty cool. I've been wondering about DO: https://undervalued.ai/analysis/DOCN how can they keep going with AWS and GCP. Would be cool to pick 10 sample portfolios and keep running them thru this 24/7 with fake money and publish how good it is. Reminds me of https://3commas.io/ for coins. - Source: Hacker News / 3 months ago
  • 🌟 Cyber Monday is here - 💸 Get 50% off annual subscriptions to our feature-packed Pro and Expert plans
    Choose your plan: https://3commas.io/. Source: over 1 year ago
  • Unauthorized Signin
    Friendly reminder: Check that your API keys are inactive. I lost a lot of cash from the illegal use of my api keys. It's my fault for trusting 3commas.io encryption. This would not trigger sign in notices, but it is just another thing I wish someone would have told me. Coinbase takes zero responsibility for loss of access to your account if you leave your password on a third-party trading system. Source: almost 2 years ago
  • 3commas or Tafabot which one should I go with?
    Both Tafabot and 3commas provide traders with powerful tools to automate trades and maximize profits. Source: about 2 years ago
  • Do you trade crypto? Could you teach someone how to do it?
    I use 3commas.io to do bot trades on Binance.com I am also testing altrady.com but it's not as good for the type of bots I like. I've looked at tradelab.ai which is super powerful but too complex for me at the moment. Source: about 2 years ago
View more

HyperTrader mentions (0)

We have not tracked any mentions of HyperTrader yet. Tracking of HyperTrader recommendations started around Mar 2021.

What are some alternatives?

When comparing 3commas and HyperTrader, you can also consider the following products

Cryptohopper - Cryptohopper is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use, powerful and extremely safe. Trade your cryptocurrency now with Cryptohopper, the automated crypto trading bot.

Tuned - Tuned is where crypto trading bots are born.

Coinrule - Coinrule empowers traders to compete with professional algorithmic traders and hedge funds.

NOBI - Trade crypto easier with Robo Trading

Trality - Trality is an automated investing platform offering fully automated bots and portfolios through its innovative Marketplace. The marketplace enables investors to discover, review and rent profitable trading bots created by other expert Trality users.

Mudrex - Bringing Automated Crypto Investment Solutions To Everyone