3Commas is a platform designed to help users automate their cryptocurrency trading. It offers a range of tools that enable traders to create and implement strategies, aiming to capitalize on market movements around the clock. The platform is geared towards both newcomers and seasoned professionals, providing a diverse toolkit suitable for varying levels of expertise. This includes sophisticated trading robots, complete asset management features, resources for manual trading, and more.
This review of 3Commas aims to present a concise overview of its functionality, spotlight its key features, and detail its pricing structure. We will also delve into the various trading bots it offers, discuss the platform’s security measures, and furnish a straightforward guide to assist you in getting started with 3Commas.
| Stars | 4/5 ⭐ |
| Security | 9/10 |
| Available Cryptocurrencies | 8/10 |
| Customer Service | 8/10 |
| User Experience | 8/10 |
| Is it Safe? | Yes |
What is 3Commas?
3Commas is a cryptocurrency trading ecosystem designed to empower traders with tools to automate their strategies on supported exchanges. These tools operate on rules established by the user, executing trades at predetermined intervals on a continuous basis. While known for its automated trading bots, 3Commas also provides intelligent trading features and portfolio management options.
To begin utilizing these features, users must link their exchange accounts via API keys. This integration allows for manual trading with improved functionalities and automated bot trading. Originating in 2017, 3Commas has broadened its reach to encompass numerous prominent cryptocurrency exchanges, including Binance, OKX, Bybit, Kraken, and over a dozen others.
Key features of 3Commas include a comprehensive trading suite with various bot methodologies, advanced smart trade terminals featuring order types like concurrent take profit and stop loss, and trailing stops, along with copy and social trading elements incorporating signals. These functionalities will be examined more closely in the following sections.
3Commas Features
The platform showcases key tools like the DCA bot, Grid bot, Signal bot, and SmartTrade functionality. Beyond these core bot strategies, it also caters to new and experienced traders through features such as copy trading, asset management tools, and a referral program.
DCA Bot
DCA bots, or Dollar Cost Averaging Bots, are automated tools implementing the dollar-cost averaging investment strategy. This approach involves consistently investing a fixed sum of money in a digital currency like BTC, ETH, SOL, or XRP at regular intervals, regardless of the asset’s current market value. The DCA approach mitigates the impacts of price volatility by averaging the purchase price over time.
The 3Commas DCA bot expands upon the basic strategy of fixed-amount investments. Using advanced technology, it allows users to create bots that execute trades with percentage-based deviations from previous transactions. This bot automates purchases at predetermined times and amounts, thereby minimizing the need to time the market or make emotion-driven decisions.
3Commas DCA Bots also modify purchases based on price fluctuations, increasing purchases during price declines and decreasing them during price increases. This approach is suited for downward-trending markets and long-term investment strategies, allowing traders to build positions gradually and spread investments across multiple pairs to manage overall market risk. 3Commas provides advanced features to enhance the DCA bot trading experience, including:
- Multi-pair Mode With Blacklist
The trading bot can operate in “Single-pair” or “Multi-pair” mode. Single-pair bots trade exclusively with one currency pair, such as BTC/USDT or ETH/USDT. Multi-pair mode enables portfolio diversification by allowing simultaneous trading across multiple pairs (e.g., BTC/USDT, ETH/USDT, SOL/USDT). The Blacklist tool further improves DCA bot performance by preventing trades in less liquid pairs and concentrating on high-potential options.
- Averaging Orders (DCA)
If the price moves against the initial trade, the bot automatically increases purchases at lower prices, thus averaging down. This reduces the average entry price, making it easier to realize profits on a smaller market rebound. For example, if BTC is bought at $100,000 and it drops to $88,000, the bot buys more. This lowers the average entry price, say to $89,000, facilitating a quicker profit upon market recovery.
- Order Size %, Reinvest, Risk Reduction
- Order Size %: Instead of using fixed amounts, a percentage of the total account balance can be allocated to each trade.
- Reinvest: Profits from closed trades are automatically added back into the bot’s balance, compounding growth over time.
- Risk Reduction: This limits the portfolio risk at any given time. A cap can be set to prevent the bot from overcommitting capital during rapid market movements.
- Multiple Take Profit With Trailing
Instead of closing a trade all at once, up to four take profit targets can be set (e.g., sell 25% at +3%, 50% at +5%, 25% at +7%) with trailing. If the market continues to rise beyond the initial target, the bot tracks the price with a trailing stop, securing additional gains before any reversal.
- Stop Loss With Trailing or Breakeven
- Stop Loss (SL): 3Commas offers advanced stop loss tools to mitigate significant losses by automatically exiting trades if the price drops too much. The stop loss action and timeout can be configured. Additionally, activating “Trailing Stop Loss” allows profits to be locked in as the market moves favorably.
- Breakeven SL: Once a trade becomes profitable, the stop loss can be moved to the entry point, thus eliminating the risk of losing money on that trade.
3Commas offers a variety of customization options, which can be daunting for new traders. The “Strategy Presets” section provides pre-configured bots to learn from. These settings offer a strong foundation that can be further tailored to meet specific trading objectives.
Grid Bot
The 3Commas Grid Bot specializes in sideways market conditions. This bot is designed to capitalize on price fluctuations within a defined range by systematically buying low and selling high. It performs best in stable, volatile markets where prices fluctuate between support and resistance levels, enabling users to profit from small, frequent price oscillations.
For this bot, an upper and lower price limit are established to create a “grid” of buy and sell levels. The bot then sets up buy limit orders at lower grid levels and sell limit orders at upper grid levels, based on the initial configuration.
As the price moves, the bot executes buy orders when prices drop to a lower grid level and sell orders when prices rise to an upper grid level. Following an order completion, the bot places new orders at adjacent grid levels to maintain trading activity within the established range.
The Grid bot supports various trading strategies, including “Rising” for bullish trends, “Stable” for range-bound markets, “Reversal” for two-way futures trading, and targeted strategies like “To the Moon” for optimistic markets and “Falling” for bearish futures trading. Further features of the 3Commas Grid bot include:
- Trailing Up and Down
Trailing allows the bot to adapt to market movements that exceed the initially set range. If the bot is trailing upward, it means the price is increasing and leaving the grid behind. The bot then automatically adjusts the grid upward to continue trading within the new, higher range. A similar function exists for downward trends, where the bot lowers the grid in response to market dips, staying active in the new price zone.
- Backtest Simulator
Prior to investing real funds, the Grid bot can be tested using historical performance and market data to assess how the configured grid settings would have performed. The simulator enables users to experiment with different ranges, grid lines, order types, and order sizes without risking capital. While not completely predictive, this tool helps optimize strategy deployment.
- AI Optimization
The bot can utilize machine learning and historical trading data to propose optimized grid parameters, such as range, step size, and order numbers. This AI analysis of past price behaviors helps set efficient trading strategies that adapt to current market conditions.
- Risk Control (SL/TP)
As mentioned earlier, 3Commas provides tools to customize trading experiences, including risk control tools. Investors can incorporate Take Profit, Stop Loss, and Trailing Stop measures as safety nets. If the market drops below the lower grid boundary, the bot exits to prevent significant losses. Conversely, the Take Profit logic allows the bot to close when it reaches a predefined percentage or dollar profit.
- Profit Currency and Orders
On 3Commas, profits can be collected in either the base currency (e.g., BTC, ETH, SOL) or the quote currency (e.g., USDT, USDC). For example, when trading BTC/USDT, gains can accumulate in either BTC or USDT.
The number of active grid levels (buy/sell orders) can be specified, along with whether these are limit orders, market orders, or a combination. Market orders allow for quick crypto asset buying and selling, though this may not guarantee the best price. Limit orders, conversely, aim to secure the best price but may take longer to fulfill.
To trade using the Grid bot on 3Commas, simply connect to your exchange, then select your desired strategy, trading pair, and other settings. Traders can operate up to 10 GRID Bots on the Free and Pro plans and up to 50 on the Expert plan. For enhanced customization, the “Customize” button provides access to “Geometric” or “Arithmetic” bot options.
Geometric bots buy more of a cryptocurrency when it is cheaper and less when it is expensive. With fixed order sizes in the quote currency, this approach facilitates effective cost averaging during price declines. Conversely, Arithmetic bots buy the same amount of crypto assets each time, regardless of price, based on a fixed amount of the base currency.
Signal Bot
The 3Commas Signal Bot is an advanced tool for automating trades based on signals from TradingView alerts, PineScript, Java and Python scripts, on-chain and sentiment analysis tools, and automators such as IFTTT, which deliver trading signals from relevant X posts, often via webhook integration.
It enables traders to link their TradingView strategies or technical indicators to automatically place buy or sell orders when predefined conditions are met. This bot is especially useful for more experienced users who prefer customized signals for automated trading. It features hedge mode (managing both long and short positions with a single bot), multiple profit targets, scaled entry orders, and optional manual confirmation.
Similar to other 3Commas bots, the Signals Bot is equipped with features designed to enhance trading, including multi-pair trading mode, flexible order scaling, multiple take profits with trailing stops, and stop-loss with breakeven.
- Multi-pair Trading Mode: This mode allows a single bot to manage up to 200 pairs simultaneously, eliminating the need for a separate bot for each currency pair. A trading signal for BTC, ETH, or SOL can be managed by the same bot for opening, closing, or adjusting trades.
- Flexible Order Scaling: The bot offers flexible order scaling for position management. Instead of using a fixed trade size, it allows scaling in by adding to a position if the signal is strong or scaling out to reduce exposure if conditions change.
- Multiple Take Profits With Trailing: This feature locks in gains progressively while pursuing other targets. Multiple profit levels can be set, allowing for partial closing of a trade early for safety while letting the remainder run with a trailing take profit. This ensures the bot follows rising market prices, exiting only when momentum wanes, preventing profit loss.
- Stop Loss With Breakeven: Risk management is facilitated by stop loss with breakeven, capping losses if the trade moves against the position. Once the trade becomes profitable, the bot automatically moves the stop to breakeven, preventing losses on the position. The bot can even lock in a small profit, ensuring that winning trades stay profitable.
SmartTrade
SmartTrade on 3Commas is a trading interface that connects directly to your exchange account, providing greater control over trades than standard exchange interfaces. It helps both beginners and advanced traders execute trades more intelligently by combining manual trading with automated features.
With SmartTrade, advanced order types can be set, such as simultaneous take profit and stop loss, trailing stop losses that adapt to market movements, and multiple take profit targets for phased profit securing. Integration with TradingView indicators allows entries and exits to be based on TradingView signals, strategies, or alerts. This integration supports trades backed by technical analysis tools rather than guesswork.
The SmartTrade feature is user-friendly and includes step-by-step guides to aid quick learning and adaptation for new traders. It provides advanced order types, multi-exchange integration, automated strategies, and various customization options for experienced traders.
SmartTrade also offers detailed analytics and reporting tools for valuable insights into trading performance, as well as unique features like SmartCover, which protects trading positions during unexpected market volatility by selling coins at current values during market drops and repurchasing them at lower prices.
Other Features
Beyond the trading bots, 3Commas also provides tools for investors interested in more than just automated trading. Other features available include copy trading, asset management, and a referral program.
Copy Trading
Copy Trading on 3Commas allows novice and busy traders to replicate the strategies of experienced traders. Users can mirror the trades of top performers in real-time, saving the need to analyze charts or learn advanced technical indicators.
The marketplace offers followers the opportunity to profit from proven strategies while learning from successful traders’ market approaches. Experienced traders, in turn, can earn additional income from those copying their trades.
Asset Management
Many traders, especially active traders and asset managers, use multiple exchanges, which can make tracking portfolios overwhelming. 3Commas addresses this by providing a centralized dashboard for monitoring all holdings, balances, and overall performance.
The platform offers smart rebalancing tools that automatically adjust crypto portfolios to maintain desired allocations, ensuring investments align with personal strategies without constant manual effort.
3Commas Referral Program
The 3Commas referral program rewards users for introducing others to the service. When someone signs up through a referral link, the referrer earns a commission from their subscription fees, with recurring commissions as long as the referred customers remain linked.
Users can earn up to €30,000, based on the number of referred users. To start, a 3Commas account is needed to create a custom affiliate link for sharing. The progress of each signup via the link can be tracked in the invite friends tab.
3Commas Pricing and Plans
3Commas provides a range of pricing options designed to suit various trading needs and budgets, from beginners to professionals. Each plan includes different features, allowing users to select based on their trading activity, budget, and automation needs.
- Free Plan – $0/month
This plan is ideal for exploring the platform risk-free. It provides full access to the SmartTrade terminal in paper-trading mode, three active SmartTrades, no futures trading, the ability to run up to 10 Grid Bots and 10 DCA Bots, and view-only support for two connected exchange accounts.
- Pro Plan – $49/month (monthly billing)
The Pro Plan suits active traders automating multiple trading strategies. It allows 50 active SmartTrades, 50 Signal Bots, 50 DCA Bots with multi-pair support, 10 Grid Bots, 500 DCA trades with multi-pair support, and 10 DCA Bot backtests per month.
- Expert Plan – Usually $59/month
The Expert plan unlocks unlimited active SmartTrades, 250 Signal Bots, 50 Grid Bots, 250 DCA Bots with multi-pair trading, 2,500 DCA trades, and 500 DCA Bot backtests per month.
- Asset Manager Plan – $374/month and Custom Plans (Contact Sales)
The Asset Manager Plan is designed for professionals and institutions managing multiple client portfolios, providing multi-client management, portfolio controls, reporting, invoicing, and enhanced dashboards.
A custom plan offers flexibility for enterprise-level needs. For requirements exceeding the Expert plan, a Custom plan can be arranged directly with 3Commas, with pricing and details tailored to specific usage needs.
The pricing for the plans mentioned above is based on annual payments. Traders can choose monthly, annual, or biannual billing cycles. Annual plans provide approximately 25% off, while biennial plans offer about 35% off compared to monthly rates. All paid plans include futures trading, TradingView integration, trailing orders, support for 14+ exchanges, the 3Commas API, and discounts for annual and biennial subscriptions. A 14-day trial of the Pro or Expert plans is available with valid payment information upon signup.
Pros and Cons of 3Commas
The benefits of 3Commas include automated trading, ease of integration, support for multiple exchanges, manual trades with advanced features, copy trading, and paper trading. However, the cons involve a steep learning curve for beginners, potentially confusing setup processes, and higher fees compared to some competitors.
Pros
The advantages of using 3Commas are detailed below:
- Automated Trading: 3Commas provides robust trading automation tools, including DCA bots, Grid bots, and Signal bots, enabling users to implement diverse strategies without constant market oversight. The DCA bot helps average entry prices when markets move adversely, the Grid bot performs well in sideways markets, and the Signal bot executes trades based on external signals.
- Easy Integration: 3Commas easily integrates with supported exchanges through secure API connections, allowing bots to execute trades without requiring fund transfers off the exchange.
- Multiple Exchange Support: It supports 14+ major crypto exchanges like Binance, Bybit, Kraken, and Coinbase, for broad market access, enabling trading across different markets from one platform. This saves significant time for traders managing diverse portfolios or client accounts.
- Manual Trades With Advanced Features Via Smart Trade Terminal: Beyond automation, the Smart Trade terminal allows manual traders to access advanced order types not typically offered by exchanges, such as trailing stop losses, simultaneous take profit and stop loss orders, and multiple take profit targets.
- Copy Trading: 3Commas features a marketplace where experienced traders can share strategies, enabling others to follow them. Beginners can copy proven strategies, while experienced traders can monetize their expertise.
- Paper Trading: Paper trading allows users to practice strategies in a simulated environment without risking real funds, with a demo account funded with $500,000 in virtual crypto. This provides ample opportunity to explore bot functions and refine strategies.
Cons
The disadvantages of using 3Commas are discussed below:
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