The world of crypto trading is filled with complex technical analysis tools and indicators. While understanding these can certainly improve your results, there's another powerful way to enhance your trading: automated trading bots. 3Commas emerges as a prominent platform in this space, celebrated for its extensive and diverse collection of trading bots. This review will explore how these tools combine to create a comprehensive trading experience.
A crypto trading bot is designed to automate your trading strategy. It works by scanning the markets to identify profitable trades, optimal entry points, and strategic exits based on your predefined settings. 3Commas is a platform packed with these innovative tools, and by the end of this article, you'll have the information needed to decide if it's the right solution for you.
Our Overall Rating of 3Commas
3Commas is a powerful asset for the right user. While it is unlikely to turn an unprofitable trader into a profitable one, it has significant potential to streamline the workflow of an experienced trader. In the realm of trading bot platforms, 3Commas is considered a top-tier option.
| Criteria | Rating |
|---|---|
| User Experience | 4/5 |
| Customer Support | 4/5 |
| Compared to Competitors | 4/5 |
| Fees | 4/5 |
| Features | 5/5 |
| Overall Score | 4.2/5 |
What is 3Commas?
3Commas is a cryptocurrency trading platform equipped with a wide array of trading tools, user-friendly interfaces, and pre-built strategies. It serves as a haven for traders looking to automate their spot trading, derivatives trading, long-term holding strategies, and more, taking the concept of algorithmic trading to an advanced level.
Simply put, 3Commas offers a specialized crypto trading bot for nearly every market condition, enabling traders to operate with precision during bullish, bearish, or sideways trends.
A Brief History and Background
3Commas was founded in 2017 by Yuriy Sorokin, Mikhail Goryunov, and Egor Razumovskii. Their vision was to make trading more accessible and automated, eliminating the need for constant market monitoring. Today, the platform continues to grow strongly, boasting over 220,000 registered users. The leadership team also includes Andres Susi as Chief Business Development Officer.
A significant milestone was reached in September 2022 when the company secured a $37 million investment from Alameda Research. Despite the subsequent challenges in the crypto market, the company's leadership confirmed that it remained unaffected and operationally sound.
Core Features and Tools
3Commas provides a suite of features designed to cater to both new and experienced traders.
SmartTrade Terminal
This semi-automated tool allows you to execute sophisticated trades directly from the 3Commas interface. You enter a trade, and the tool can manage your stop-loss orders, take-profit targets, trailing stops, and other exit conditions automatically. It’s an excellent feature for those who find setting up a full bot too overwhelming initially.
Dynamic Trading Terminal (DTT)
Once you connect your exchange account, the DTT allows you to place trades directly on that exchange without ever leaving the 3Commas platform. This streamlines the process of managing multiple exchange accounts and ensures you never miss a trading opportunity.
DCA (Dollar-Cost Averaging) Bots
These are among the platform's most popular bots. They automatically invest a fixed amount of capital into a chosen cryptocurrency at regular intervals. Users can choose from several strategies:
- Classic Trading: For simple, recurring buy or sell orders.
- Super Power: For dollar-cost averaging using USDT-margined futures contracts.
- Price Improvement: A strategy for holders that involves selling and rebuying assets at lower prices to accumulate more coins over time.
Pro-plan users can access advanced features like profit reinvestment and more sophisticated take-profit and stop-loss configurations.
Gordon Bots / Bot Presets
To simplify the process for newcomers, 3Commas offers Gordon Bots (on mobile) and Bot Presets (on web). These are pre-configured DCA bots created by experienced traders. You can simply select a preset that matches your goals, make minor adjustments to parameters like price levels, and activate it immediately. This is a fantastic way to learn and profit from proven strategies.
Grid Bots
These bots automate grid trading strategies. The bot establishes a predefined price range and divides it into multiple levels. It then automatically places buy orders at lower levels and sell orders at higher levels within that range. This allows traders to profit from market volatility without needing to constantly monitor price movements. Grid bots can be configured for uptrends, sideways markets, and futures trading.
Marketplace and Signal Conversion
The 3Commas Marketplace is a hub for discovering exchange-specific bot presets. You can browse and deploy bots tailored for specific exchanges like Binance or OKX, acknowledging that liquidity can vary across platforms.
Furthermore, the marketplace features trading signals from top analysts. For a fee, you can convert these signals directly into a working trading bot, automating the strategy proposed by the expert.
Portfolio Tracker and Paper Trading
The platform includes a comprehensive portfolio tracker that aggregates your holdings from all connected exchanges and wallets. A unique "Virtual Portfolio" feature lets you create a watchlist of desired assets to track their performance.
For those on a paid plan, a paper trading feature is available. This allows you to test bots and strategies using virtual funds, providing a risk-free environment to learn and experiment before committing real capital.
Is 3Commas Suitable for Beginners?
Absolutely. 3Commas is designed with accessibility in mind. Setting up an account is straightforward, requiring only an email address. The web interface and mobile apps (available for iOS and Android) are clean and intuitive, offering multilingual support.
The mobile app, in particular, is beginner-friendly. It provides easy access to buy crypto directly, place manual trades, and activate pre-configured bots (Gordon Bots). The logical layout ensures that new users are not overwhelmed, making the journey into automated trading much smoother.
Security and Reliability
3Commas implements robust security measures to protect users:
- Non-Custodial: The platform never holds your funds. It only connects to your exchanges via secure API keys.
- Secure API Integration: Features like "Fast Connect" provide a safe and simple way to link your exchange accounts.
- Advanced Protection: The platform is fortified against DDoS attacks and includes built-in firewall support.
- 2FA and IP Whitelisting: Two-factor authentication (including biometrics on mobile) and IP whitelisting add critical layers of account security.
- Isolated Infrastructure: Critical systems like the signal center are isolated for enhanced security.
Pricing Plans
3Commas operates on a subscription model with three main annual tiers, though monthly options are available at a higher cost.
- Pro Plan ($37/month billed annually): The most popular plan, suitable for most serious traders. It includes 50 active SmartTrades, 10 running bots of each type (Signal, Grid, DCA), and 500 active DCA deals.
- Expert Plan ($59/month billed annually): Offers the best value for high-volume traders, featuring unlimited SmartTrades, higher bot limits, and sub-account support.
- Individual Plan (Custom Pricing): A tailored plan for traders with unique needs and higher API call requirements.
All plans include access to futures trading, TradingView integration, trailing orders, signals, backtesting, a demo account, and support for 16+ exchanges. A free plan is available with access to basic tools like the SmartTrade terminal and portfolio tracking, but not full bot functionality.
The platform also has a rewarding referral program where you can earn discounts and bonuses.
👉 Explore advanced trading strategies
Customer Support
3Commas provides extensive customer support through multiple channels:
- Live Chat: A ChatGPT-powered bot for instant assistance.
- Email Support: For detailed queries ([email protected]).
- Social Media & Communities: Active support on Twitter, Telegram, Discord, and Reddit.
- Educational Resources: A comprehensive YouTube channel ("3Commas Academy"), detailed blog posts, and an extensive FAQ section.
- User Reviews: The homepage features user testimonials for social proof.
While the support is extensive, the addition of direct telephone support would further enhance the user experience.
Advantages and Disadvantages
Pros:
- Supports a wide range of major cryptocurrency exchanges.
- Exceptional security protocols.
- Fully functional mobile applications.
- Copy-trading functionality via bot presets and signals.
- Wealth of educational content and resources.
- Paper trading feature for practice.
- Ability to convert signals into bots.
- SmartTrade terminal includes a portfolio rebalancer.
Cons:
- The free plan is very limited and doesn't showcase the platform's full potential.
- There is a steeper learning curve to master all advanced features.
- Platform performance is dependent on the uptime and performance of connected exchanges.
Frequently Asked Questions
What are some alternatives to 3Commas?
Popular alternatives include CryptoHopper (cloud-based), TradeSanta (user-friendly), and Gunbot (downloadable software with a lifetime license option). The best choice depends on your specific needs for control, usability, and pricing model.
Can trading bots guarantee profits?
No, trading bots cannot guarantee profits. They are tools that execute strategies based on predefined conditions. Their success depends entirely on the quality of the underlying strategy and current market conditions. All trading involves significant risk.
What is the cheapest paid plan on 3Commas?
The most affordable annual plan is the Pro plan at $37 per month. Standalone monthly plans are more expensive, with the starter option at $29 per month.
Is there a free plan?
Yes, you can create a free account that gives you access to basic features like the trading terminal, portfolio tracker, and SmartTrade. You can also start a 7-day trial of the Pro plan to test advanced features.
Who owns 3Commas?
3Commas is owned by its original co-founders Yuriy Sorokin, Mikhail Goryunov, and Egor Razumovskii. The company was founded in 2017.
How do limit orders work on 3Commas?
Limit orders are a core function used within the SmartTrade terminal and when configuring any trading bot. A limit order specifies a exact price at which you want to buy or sell an asset, and the trade will only execute if the market reaches that price.
Final Verdict: Is 3Commas Worth Trying?
Trading bots are not magic profit generators, but they are powerful tools for automation and strategy execution. 3Commas stands out as a highly credible and feature-rich platform in this domain. Its strengths lie in its vast array of bots, strong security, and excellent educational resources.
Features like the trader's diary and strategy backtesting further empower users to refine their approach. 👉 Get started with automated trading
While 3Commas may have a learning curve, its comprehensive toolset makes it a compelling choice for traders looking to automate their strategies and manage their crypto investments more efficiently. The free plan and trial offer a risk-free way to determine if it aligns with your trading style.