Software Alternatives, Accelerators & Startups

Heroku VS 3commas

Compare Heroku VS 3commas and see what are their differences

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Heroku logo Heroku

Agile deployment platform for Ruby, Node.js, Clojure, Java, Python, and Scala. Setup takes only minutes and deploys are instant through git. Leave tedious server maintenance to Heroku and focus on your code.

3commas logo 3commas

3commas.io provides tools for cryptocurrency traders and investors.
  • Heroku Landing page
    Landing page //
    2023-10-05
  • 3commas Landing page
    Landing page //
    2023-07-31

3commas

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

Heroku features and specs

  • Ease of Use
    Heroku offers an extremely user-friendly interface and a high level of abstraction, making it easy for developers to deploy, manage, and scale applications without worrying about the underlying infrastructure.
  • Quick Deployment
    One of Heroku’s strongest points is the ability to deploy applications quickly using Git. Developers can push their code to Heroku with a simple command, streamlining the entire process.
  • Scalability
    Heroku provides effortless scaling options by allowing developers to add more dynos (containers) with a single command to handle increased traffic and workload.
  • Add-Ons Ecosystem
    Heroku offers a rich ecosystem of add-ons, such as databases, caching, monitoring, and more, which can be easily integrated into applications to extend their functionality.
  • Automatic Updates
    Heroku automatically handles operating system and server updates, allowing developers to focus solely on their application code rather than maintenance tasks.
  • Free Tier
    Heroku offers a free tier with sufficient resources to host small projects and learn the platform without incurring costs, making it accessible for beginners and small-scale applications.

Possible disadvantages of Heroku

  • Cost
    While Heroku offers a free tier, the costs can quickly add up for larger applications and professional use. Paid plans and additional dynos or add-ons can become expensive.
  • Performance
    Heroku’s performance can sometimes be suboptimal compared to other cloud providers, particularly when running high-performance or resource-intensive applications.
  • Limited Control
    Heroku abstracts away a lot of infrastructure management, which can be a downside for developers who need fine-grained control over their environments and configurations.
  • Dyno Sleeping
    Applications running on Heroku’s free tier experience 'dyno sleeping,' where the application goes to sleep after 30 minutes of inactivity, causing a delay when it wakes up after receiving a new request.
  • Vendor Lock-In
    Relying heavily on Heroku’s ecosystem and platform-specific features can lead to vendor lock-in, making it challenging to migrate to another platform if needed.
  • Add-On Costs
    The costs for add-ons can also become significant, as many useful features and integrations require paid add-ons, increasing the overall expense.

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.

Analysis of Heroku

Overall verdict

  • Heroku is a solid choice for developers seeking a straightforward, cloud-based solution for deploying and managing applications. However, it may not be the most cost-effective option for large-scale or data-intensive applications.

Why this product is good

  • Heroku is a popular platform as a service (PaaS) due to its ease of use, fast deployment process, and robust support for multiple programming languages. It allows developers to focus on building applications without worrying about the underlying infrastructure. Heroku offers scaling capabilities, a wide variety of add-ons, and a strong developer community.

Recommended for

    Heroku is recommended for startups, small to medium-sized applications, hobby projects, and developers who value ease of use and quick deployment cycles. It is particularly suited for those who are developing web applications in languages such as Ruby, Node.js, Python, and others supported by the platform.

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.

Heroku videos

What is Heroku | Ask a Dev Episode 14

More videos:

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 ]

Category Popularity

0-100% (relative to Heroku and 3commas)
Cloud Computing
100 100%
0% 0
Cryptocurrencies
0 0%
100% 100
Cloud Hosting
100 100%
0% 0
Cryptocurrency Trading
0 0%
100% 100

User comments

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Reviews

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

Heroku Reviews

  1. mark-mercer
    Useful Cloud Platform

    Great service to build, run and manage applications entirely in the cloud!

    🏁 Competitors: Amazon AWS, Dokku on Digital Ocean, Firebase
    👍 Pros:    Easy user interface|Good customer service|Multi-language cloud application platform
    👎 Cons:    Limitation with some addons|Low network performance
  2. jamestelford
    · Full Stack Developer at OutDev ·
    🏁 Competitors: Docker, Amazon AWS
    👍 Pros:    Powerful development environments|Great value for the money|Great customer support|Paas

10 Top Firebase Alternatives to Ignite Your Development in 2024
Heroku’s focus on simplicity and developer experience makes it a perfect fit for those who want to focus on building their apps, not babysitting servers. Startups and small businesses, in particular, can benefit from Heroku’s ability to accelerate development and deployment, allowing them to get their ideas to market faster.
Source: genezio.com
2023 Firebase Alternatives: Top 10 Open-Source & Free
Heroku Postgres – Majority of businesses like Heroku because of its SQL database support. Yes, PostgreSQL as a service is an appealing product of this PaaS vendor with quick deployment approaches.
5 Free Heroku Alternatives with Free Plan for Developers
Koyeb is a decent alternative to Heroku that you can consider for hosting or deploying your web apps and APIs. It has all the features of Heroku that you will need for your projects. So far, I have not encountered an importer tool for migrating Heroku deployments but I am sure doing that manually will not be that hard. Just like Heroku it offers you an intuitive web UI as...
Choosing the best Next.js hosting platform
However, there are a few disadvantages to Heroku. First of all, despite its build pack, Heroku will run your project as a Node.js application. As a result, you will lose some of Next.js’ most interesting features, such as Incremental Static Regeneration. Analytics are replaced by metrics and measured throughput, response time, and memory usage (only on paid plans).
Top 10 Netlify Alternatives
Heroku is another alternative to Netlify that doesn’t only host static websites but has the ability to host dynamic websites. This PaaS platform was launched in 2007 and conferred highly scalable features to deploy, host and launch applications.

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

Social recommendations and mentions

Heroku might be a bit more popular than 3commas. We know about 73 links to it since March 2021 and only 50 links to 3commas. 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.

Heroku mentions (73)

  • How to deploy your web application? 3 different approaches to consider (+1 bonus)
    Providers include Digital Ocean, Heroku or Render for example. - Source: dev.to / 8 months ago
  • Heroku Reviews Apps prevent delivering bugs on production
    Review Apps run the code in any GitHub PR in a complete, disposable Heroku application. Review Apps each have a unique URL you can share. It’s then super easy for anyone to try the new code. - Source: dev.to / 12 months ago
  • How to keep an HTTP connection alive for 9 hours
    The app is deployed to Heroku and when it came time to switch the mode to email-on-account-creation mode, it was a very simple environment change:. - Source: dev.to / over 1 year ago
  • How to Process Scheduled Queue Jobs in Node.js with BullMQ and Redis on Heroku
    Heroku is a cloud platform that makes it easy to deploy and scale web applications. It provides a number of features that make it ideal for deploying background job applications, including:. - Source: dev.to / almost 2 years ago
  • I made a Bot.. How do I use it?
    Once you've created it you can host it locally (this means leaving the program running on your computer) or host it through a service online. I haven't personally tried this yet, but I believe you can use a site like heroku.com or other similar services. Source: almost 2 years ago
View more

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

What are some alternatives?

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

DigitalOcean - Simplifying cloud hosting. Deploy an SSD cloud server in 55 seconds.

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.

Linode - We make it simple to develop, deploy, and scale cloud infrastructure at the best price-to-performance ratio in the market.

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

Amazon AWS - Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services. Free to join, pay only for what you use.

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.