Cryptocurrencies have been the talk of the town for a long time now. The stories of the Bitcoin crash, Ethereum’s monumental gain, and the Dogecoin dream run inspired many new investors to join the crypto trading ecosystem. But in a market that is volatile and active round the clock, trading manually is not possible. Therefore, traders are now automating their trades to generate consistent returns without manually trading, increasing returns and reducing losses. Moreover, many automated trading platforms also offer users a chance to copy other traders. This process is known as copy/mirror/social trading.
This article will discuss three crypto trading platforms to help you select the ideal trading platform for your crypto investment goals. In this 3Commas vs Mudrex vs Coinrule review, we will highlight their features in detail and rank them accordingly, helping you choose the best platform for your investment needs.
Here’s the 3Commas vs Mudrex vs Coinrule Review
One of the most sought after crypto trading platforms, 3Commas is a cloud-based platform that offers a long list of features for traders of all experience levels, shapes and sizes. Users can easily customise the 3Commas trading bots as per their trading strategies or follow template strategies from the 3Commas marketplace. In this 3Commas review, we will compare the platform with Mudrex and Coinrule and rank the platforms on multiple features.
The Mudrex bot marketplace is a cloud-based trading platform that helps users invest in pre-made Mudrex bots at Mudrex Invest or build their own using a no-code crypto strategy builder at Mudrex Build. The bots are created by expert traders, and one can invest in them with ease. These bots are 100% automated, and users can invest across top cryptocurrencies and exchanges. In this Mudrex review, we will compare it with 3Commas and Coinrule and rank them across various features.
Coinrule is a cloud-based crypto trading platform helping traders automate their trades using trading rules or pre-made trading templates. This no-code rule building platform helps traders automate their trades without writing code. These rules encompass multiple if-else-then rules that work as per the user’s trading strategy. In this Coinrule review, we will rank the platform on various features, providing a comprehensive comparison with 3Commas and Mudrex.
3Commas vs Mudrex vs Coinrule Review
In this 3Commas vs Mudrex vs Coinrule review, we will score each platform from 0-10 on multiple essential features. These are platform reliability, pricing, trading bots profitability, and many more. The final scores are given below, and a detailed review follows.
|Trading Strategies and Profitability||6/10||9/10||6/10|
|Ease Of Investment||7/10||9/10||8/10|
|Community & Support||7/10||9/10||7/10|
#1 Platform Reliability
Every trader needs a reliable platform to trade now, as it provides peace of mind and helps make better trading decisions. Therefore, we review the features that make these platforms reliable.
3Commas is based in Russia and has grown exponentially after its launch in 2017. It has over 33,000 active traders and counting. For the security of traders, 3Commas security protocols include comprehensive documentation, encryption, and API-based trading.
The Mudrex trading platform is based in San Francisco and backed by Y-Combinator. The platform was launched in 2019 and has become immensely popular in the crypto space due to highly profitable bots and an easy investment process. Mudrex has over 25000 investors and $1.5 in trade volume, which is growing swiftly. Mudrex has employed robust security measures that include two-factor authentication, lightning-fast support and no-withdrawal permissions for APIs.
Launched in 2017, Coinrule has its roots in London. With its no-code strategy building approach for manual trading, it has gained quite some traction in such a short time. It requires minimal API permissions for trading and employs 2FA to help users feel secure about their investments.
With high security, transparent results and significant traction, Mudrex ranks the highest in platform reliability.
#2 Trading Bots/Strategies and Profitability
While profitable bots are essential, having the correct and transparent details about them is equally important. Therefore, we review the trading bots on these platforms and their profitability.
3Commas Trading Bots
The 3Commas marketplace showcases all the available trading bots on the platform. Users can sort these bots using filters such as the exchanges it trades on, cost of the bot (if applicable), number of followers, and returns over a week, month and year.
Some of the top-performing bots at 3Commas are:
- SkyRock Signals
- MP’s 3x Signals
Trading At Mudrex
The Mudrex bots are spread across various currencies and exchanges, helping users diversify their risk and generate consistent returns. All available bots are displayed proficiently in the Mudrex dashboard, and you can filter using multiple features. These include the cryptocurrency the bot trades in, total lifetime returns, number of investors in each strategy, a performance score (0-10) by Mudrex rating each strategy after a risk vs reward analysis, total run time of the strategy, the monthly fee and the last 30 day returns.
Investors can easily view the top performing bots, and some of them are listed below with their returns in the past 30 days:
Trading At Coinrule
Coinrule offers over 190 pre-made trading templates that can help users automate their trades. These templates have different ‘if and then cases’ as per the strategy and can be customised as per the user’s preference. Some of the tags that traders can use to filter the templates are Maximise, New, Trend, Leverage and Rebalance.
Mudrex has the most profitable bots and helps users select the right bot with detailed and transparent information on its functioning and performance, which is why it ranks the highest here.
Trading Bots/Strategies and Profitability
#3 Pricing / Platform Usage Fees
The pricing of a platform and trading bots are crucial factors for traders while deciding which platform they wish to invest on. Therefore, we review the fee charged by these platforms.
Users at 3Commas have to pay for two features. A monthly fee to use the platform and a fee to use the bots (depending on the bot). While 3Commas offers a free plan, it is minimal and only helps in understanding the platform. For the subscription fee, 3Commas has three different tiers for users to choose from. The paid plans include three tiers, Starter ($14.5/m), Advanced ($24.5/m) and Pro ($49.5/m), which have a long list of features attached.
Moreover, users can choose if they want to invest in free strategies or paid ones. If you go for paid strategies, you might have to shell out as high as $100 per month and even more. Investors at 3Commas can start investing with as little as $100, but this is after the platform fee and strategy fee (if investing in a paid strategy).
Unlike most trading platforms, Mudrex does not charge the users anything to use the platform. Users only pay a nominal fee when they start investing. The fee can be as low as $5 per month and depends on the invested amount and bot. The minimum investment amount on the platform is $150, exclusive of the fee. Moreover, Mudrex offers another great feature called the Mudrex Protect, a fee refund if the strategy does not yield profit in a month.
However, if you wish to create, backtest, publish and earn from your strategies, the premium plan costs $16/month. In it, you get unlimited backtests, 200+ technical indicators, priority 24×7 support and the ability to publish and earn from your strategies on Mudrex.
The Starter plan at Coinrule provides features such as one connected exchange, $3,000 maximum traded volume in a month and seven template strategies without any subscription fee.
The Hobbyist plan ($29.99/month) offers 40 template strategies, two connected exchanges, advanced indicators and up to $100,000 monthly trade volume. With the Trader plan ($59.99/month), users get one-to-one training sessions, unlimited strategies, three connected exchanges, up to $1 Mn monthly trade volume. With the Pro plan ($449.99/month), users get a dedicated server, unlimited strategies, up to $5 Mn monthly trade volume, ultra-fast execution, and a lot more. At Coinrule, there is no minimum trade limit, and users can invest as low as the exchange allows.
Mudrex ranks highest in platform pricing and usage fees due to its simple fee model and nominal prices.
Pricing / Platform Usage Fees
#4 Ease of Investment
Ease of investment is a crucial factor when choosing where to invest. Therefore, we review how easy it is to invest on these platforms.
How To Invest On 3Commas
3Commas offers an exceptional user experience for traders. The 3Commas dashboard displays vital information, making it easier for users to invest and execute trades and bots. Users can easily track their investments using the desktop 3Commas version and the 3Commas app.
Here’s how you can start investing on 3Commas:
- Create/Login to your 3Commas account;
- Connect an exchange with an API key;
- Pay the membership fee for the platform;
- Select the signal that you want to use, and pay the subscription fee;
- Create a bot with your subscribed signal and select the investment amount;
- Start the bot with the intentional settings, and you are good to go.
How To Start Investing On Mudrex
Mudrex provides an easy-to-use platform, making the investment process extremely easy. The intuitive UI, user-friendly approach and transparent details available make the user experience stellar. While the platform is not available with a mobile app, the desktop version efficiently makes up for that.
Here’s how you can start investing on Mudrex:
- Create/ Login to your Mudrex account;
- Connect the desired exchange with API keys;
- Choose the bot you want to invest in and select the amount;
- Pay the platform fee, and you are all done.
How To Start Investing On Coinrule
The Coinrule UI helps users understand and execute their crypto trading goals. With over 190 pre-made templates, traders can efficiently execute and automate their trades on the platform. While there is no Coinrule app, the desktop version makes it easier for users to invest and track their crypto portfolio.
Here’s how one can start with Coinrule:
- Create/Login to your Coinrule account;
- Connect an exchange with an API key;
- Pay the membership fee for the platform;
- Build a new rule or select from the templates;
- Start your rule, and you are good to go.
Investing in crypto should be easy, as complex processes only demotivate investors from engaging more. Therefore, with an easy to understand and executable process, the Mudrex platform ranks at the top in ease of investment.
Ease of Investment
#5 Post-Investment Tracking
Post-investment tracking is essential for traders, as it helps them make better trading decisions. We review the portfolio tracking offered by these platforms.
At the 3Commas dashboard, users can view portfolio details such as the total value of the portfolio, the 24-hour change and the respective changes in the invested trading strategies.
Portfolio Tracking At Mudrex
Users can easily view all the essential portfolio details in the Mudrex Invest dashboard. These details include the crypto bots you have invested in, the amount invested, total returns in % of each bot, and the overall returns.
Portfolio Tracking At Coinrule
The Coinrule dashboard provides details such as net profit, total growth, and start date. Moreover, it also showcases each rule, its status, growth and net profit.
Users at Coinrule get a detailed overview of their investments, which is why it receives the highest rank in post-investment tracking.
#6 Exchanges Supported
Investors often trade on different exchanges, and multi-exchange support is critical to help them trade freely. Therefore, we look at the exchanges supported by these three platforms.
Exchanges Supported By 3Commas
3Commas supports 23 crypto exchanges, including Binance, FTX, Bybit, Bitmex, Deribit, Bittrex and Coinbase Pro.
Exchanges Supported By Mudrex
At Mudrex, users can invest through Coinbase Pro, Binance, Bybit, Deribit, OKEX and BitMex.
Exchanges Supported By Coinrule
Coinrule supports ten popular exchanges, including Binance, Coinbase Pro, OKEx, Bitstamp, Kraken and BitMex.
3Commas supports the most exchanges among the three platforms, which is why it is top-ranked in exchanges supported.
#7 Community & Support
Customer support and an active community are essential for any trading platform, as it helps users find answers to their problems. We review the support offered by these platforms and their communities across channels.
The 3Commas crypto trading platform offers a live chat feature for users. Also, the FAQ section on the platform helps beginners familiarise themselves with how to trade at 3Commas, but isn’t very effective when it comes to solving account-related issues. 3Commas also has active communities on Telegram and Discord, where users often interact and discuss crypto trading at 3Commas.
Here’s how you can reach 3Commas:
- Email: email@example.com
- Discord: discord.com/invite/2yscHv8
- Telegram: https://t.me/commas
The Mudrex platform offers a detailed crypto FAQ support section where users can understand the platform and get solutions to most account-related questions. Mudrex also offers lightning-fast email support, along with a comprehensive crypto blog. The platform has active communities on Discord and Telegram and a presence on social media as well.
Here’s how you can reach Mudrex :
The Coinrule platform offers its users a comprehensive knowledge base with important information on how Coinrule works and major account-related problems and solutions. The knowledge base also includes information on starting with Coinrule, trading strategies, exchange guidelines, trading tips and much more. The platform also has a FAQ section and minimal social media presence.
Here’s how you can reach them:
- Twitter: twitter.com/coinrulehq
- Facebook: www.facebook.com/CoinruleHQ/
Mudrex’s fast email support and a detailed blog and FAQ section make it the top-ranked in the community and support feature.
Community & Support
#8 Referral Bonuses
Multiple crypto trading platforms offer referral programs that can help their users earn with their network. Below, we will look at the referral programs offered by these three platforms.
The 3Commas’ referral partnership program stipulates that users will get a standard commission whenever their referred user spends on the platform. Users can easily track their referrals, and the referral program has minimal withdrawal limits. However, the earnings are capped at up to 40% for each referral’s spend.
The Mudrex crypto referral program offers $25 for every valid referral, followed by a 50% commission for whatever the referred user spends on Mudrex. Also, there is no limit, and you can earn as much as you like. The referral dashboard has all the valuable details about your referred users and referral links. Moreover, Mudrex also hosts multiple giveaways frequently that include exciting prizes.
At the time of writing, Coinrule is not running any referral programs.
An excellent referral program should have high profitability and high or no limits. Keeping these features in mind, Mudrex’s referral program ranks the highest.
3Commas vs Mudrex vs Coinrule— The Final Verdict
As we see from this 3Commas vs Mudrex vs Coinrule review, it is clear that all three platforms have multiple features helping traders automate their trades. While no single trading bot is perfect for every trader, it is critical to understand and outline your trading goals before investing. Therefore, it is crucial to know how a platform and the market works and if they even match your goals. Through this 3Commas vs Mudrex vs Coinrule review, we hope to help you select the right trading platform for your crypto investments.
While no trading bot is perfect, this 3Commas vs Mudrex vs Coinrule review proves that Mudrex can be the ideal choice for crypto traders. Mudrex offers a fantastic user experience with its easy-to-use interface, comprehensive security and profitable bots with nominal fees. With Mudrex, you can generate consistent returns and sleep while you trade. It is safe to say, Mudrex is the high-performing automated trading platform you are looking for.
Let your trades work on autopilot. Get consistent returns with Mudrex.