It may be safe to say that cryptocurrencies are not a short-term concept and may even be the future of finance. With the rise of crypto, crypto trading has become a lucrative option for many traders worldwide to generate consistent returns. Millions of traders are on the lookout for the top crypto signals so they can make the most of the changing market prices. However, manual trading becomes increasingly tricky in a market that is active 24×7 and can be highly volatile. What happens to your assets when you sleep, and the prices take a nosedive? Or what if Elon Musk tweets in favour of Dogecoin again and you cannot buy more before the prices rise tremendously?
To combat these market fluctuations, traders are now automating their trades, which helps them stay ahead of the market and generate consistent returns. Moreover, as more traders look to automate their trades, many trading platforms offer users a chance to copy expert traders if they do not want to look for the best strategies to get good returns on their own. This process is known as copy/mirror/social trading.
Since there are many crypto trading platforms out there, we will be reviewing three such platforms in detail. This article will do a detailed review on Coinrule vs Mudrex vs eToro and rank them on different features that we believe are significant.
Here’s the Coinrule vs Mudrex vs eToro Review
The Coinrule crypto trading platform helps users automate their trades using trading rules or trading templates. Users can do so without writing any code with their no-code rule builder. These rules are nothing more than if-else-then conditions that help users automate their trades. In this Coinrule review, we will rank the platform on various features, providing a comprehensive comparison with Mudrex and eToro.
The Mudrex crypto bot marketplace is a cloud-based trading platform where users can invest in a wide variety of 100% automated crypto trading algos without any manual trading. These Mudrex algos or crypto bots are created by expert traders across top exchanges and trading strategies. You can also build your own strategies using Mudrex Build, which offers a no-code crypto strategy builder. In this Mudrex review, we will compare it with Coinrule and eToro over multiple features.
eToro is one of the oldest social trading platforms spread across various financial markets. Users at eToro can invest in cryptocurrency, stocks, ETFs and more. In this eToro review, we will compare it with Coinrule and Mudrex and highlight their top features.
Coinrule vs Mudrex vs eToro— A Review
In this Coinrule vs Mudrex vs eToro 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 Coinrule vs Mudrex vs eToro review follows.
|Trading Strategies and Profitability||6/10||9/10||8/10|
|Ease Of Investment||8/10||9/10||7/10|
|Community & Support||7/10||9/10||6/10|
#1 Platform Reliability
A reliable platform ensures that you have peace of mind while investing. We review the features that make these platforms secure and dependable.
Based in London, the Coinrule crypto trading platform was launched in 2017. In its short history, it has gained quite some traction and is growing strongly. To help users invest safely, it uses API integration with exchanges without requiring withdrawal permissions. It also employs 2FA for added security.
The Mudrex crypto trading platform is based in San Francisco and backed by Y-Combinator. Since its launch in 2019, Mudrex has seen over $1.5 Billion in trade volume from over 25,000 investors. Mudrex has executed robust security measures for its users, including two-factor authentication, lightning-fast support and no-withdrawal permissions for APIs.
Initially launched in 2007 as a stock trading portal, London-based eToro added support for cryptocurrencies in 2017. With over 13 million registered users, eToro now offers trading solutions across various financial markets. While the platform is secure, users need to fund their eToro account to trade rather than using an exchange.
Both Mudrex and eToro are extremely reliable when it comes to crypto trading. Therefore, they both take the top spot here.
#2 Trading Bots/Strategies and Profitability
It all boils down to the profitability of the trading bots on these platforms. We review the types of bots each platform offers, their profitability, and the available details.
Coinrule Trading Bots
Coinrule offers over 190 pre-made trading templates that can help users automate their trades. These have different ‘if and then cases’ as per the strategy and are customisable. Some of the tags that traders can use to filter the templates are Maximise, New, Trend, Leverage and Rebalance.
Trading At Mudrex
The Mudrex dashboard displays multiple details about the crypto trading bots, such as 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:
- SafeSystems MultiSeason ADA/USDT: ~83.8%
- ADA/USDT – Prince: ~65.6%
- SafeSurfing ETH Accumulator: ~62.2%
Trading At eToro
eToro offers trading solutions for cryptocurrencies, stocks, ETFs, and CFDs. With diverse options available, the UI can be a bit confusing. While trading, users can trade themselves or copy other people’s trading strategies. Users can filter out the list of traders with features such as time period, verified or unverified trader, returns, risk score (calculated from 1-10 by the platform), number of people copying the strategy and number of weeks the trader has been active for.
Investors can easily view the top-performing traders, and some of them are:
Mudrex helps users select the right bot with detailed information, assisting users in making the right call. Therefore, it ranks the highest in trading bots and profitability.
Trading Bots/Strategies and Profitability
#3 Pricing / Platform Usage Fees
The pricing of a platform and its crypto trading bots is extremely important while choosing a platform. We look at the usage fees of all three platforms and how much copy trading costs.
The Starter plan at Coinrule is free for users and offers features such as one connected exchange, $3,000 maximum traded volume in a month and seven template strategies.
The Hobbyist plan ($29.99/month) offers 40 template strategies, two connected exchanges, advanced indicators and up to $100,000 monthly trade volume. The Trader plan ($59.99/month) offers one-to-one training sessions, unlimited strategies, three connected exchanges, up to $1 Mn monthly trade volume. The Pro plan ($449.99/month) offers 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.
Users at Mudrex do not have to pay anything to use the platform, create and backtest their strategies. Mudrex only charges a small fee when users invest in a bot, and the fee starts as low as $5 per month and varies depending on the bot and the amount invested. 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 build, backtest, publish and earn from your strategies, the premium plan is priced at $16/month. With the premium plan, you get unlimited backtests, 200+ technical indicators, priority 24×7 support and the ability to publish and earn from your strategies on Mudrex.
Users can open an account at eToro, copy other traders, and execute trades, all for free. But if you purchase crypto from the platform, you will have to pay a spread fee that varies according to the crypto. Moreover, a standard crypto transfer fee may also apply, along with a $5 withdrawal fee charged by eToro.
Mudrex ranks highest in platform pricing and usage fees with a simple pay-as-you-in-invest model without additional hidden charges.
Pricing / Platform Usage Fees
#4 Ease of Investment
Investments should be easy to make, as no one likes a complicated process. We look at how easy it is to invest in these three crypto trading platforms.
How To Start Investing On Coinrule
With over 190 pre-made trading templates, Coinrule makes it easy for investors. The investment process is quite straightforward, and you can just get started in a few clicks. While there is no Coinrule mobile app as of now, the browser version is quite handy for all.
Here’s how you can start investing in 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.
How To Start Investing On Mudrex
Mudrex came into the crypto trading realm intending to make crypto trading easy and accessible for everyone. Users can start investing with Mudrex in just a few clicks, and the platform offers a clean and intuitive UI for trading and tracking. While the platform does not have a Mudrex mobile app as of now, the desktop version offers a long list of features.
Here’s how you can start investing in 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 eToro
Before a user can invest on the platform, eToro asks a few questions about the user’s trading goals and habits to offer personalised investment solutions. You can start investing once all the questions have been answered. The eToro mobile app is available on Android and iOS.
Here’s how you can start investing in eToro:
- Create/ Login to your eToro account;
- Answer multiple questions to get started;
- Verify your eToro account;
- Deposit funds via credit/debit card or payment platforms;
- Choose the trader you want to follow;
- Copy their strategies, and you are good to go.
Investments should be easy, which has been the focus of Mudrex all along. Therefore, the Mudrex crypto trading platform ranks at the top in ease of investment.
Ease of Investment
#5 Post-Investment Tracking
Once an investment has been made, users should be able to track them. We review the post-investment portfolio tracking solutions offered by these platforms.
In the Coinrule dashboard, users can view the critical details about their investment. This includes net profit, total growth, and start date, along with the status and growth of each individual rule.
Portfolio Tracking At Mudrex
The Mudrex Dashboard offers details such as the crypto bots you have invested in, the amount invested, total returns in % of each bot, and the overall returns.
Portfolio Tracking At eToro
eToro offers a highly detailed portfolio tracker for all investments made. Users can view a graphical representation of the investments, total funds available, total allocated funds, total returns, total equity, past trades and net cash flows.
Both Coinrule and eToro provide a highly detailed overview of the user’s portfolio. Therefore, both receive the highest rank in post-investment tracking.
#6 Exchanges Supported
Users are often scattered across exchanges, making it essential for crypto trading platforms to support multiple exchanges. We look at all the crypto exchanges supported by these three platforms.
Coinrule Exchanges Support
Coinrule supports ten popular exchanges, including Binance, Coinbase Pro, OKEx, Bitstamp, Kraken and BitMex.
Mudrex Exchanges Support
At Mudrex, users can invest through Coinbase Pro, Binance, Bybit, Deribit, FTX OKEX and BitMex.
eToro Exchanges Support
Users at eToro can purchase cryptocurrency directly on the platform with debit/credit cards and then transfer them to your eToro Wallet in their own exchange, known as eToroX.
Coinrule supports the most exchanges among the three platforms, so it is top-ranked in exchanges supported.
#7 Community & Support
Users often require support from the platform, along with an active community. We review the support offered by these three platforms, along with their social media and community presence.
The Coinrule knowledge base offers solutions about the workings of Coinrule and major account and payment related issues. The platform also has a FAQ section and minimal social media presence.
Here’s how you can reach Coinrule:
- Twitter: twitter.com/coinrulehq
- Facebook: www.facebook.com/CoinruleHQ/
The Mudrex platform offers a detailed FAQ support section, which helps users understand the different features of the platform and get answers to most account-related questions. The platform also offers lightning-fast email support, live chat, and a crypto trading 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:
Users at eToro can get their issues resolved in real-time through a live chat. If the chat isn’t available, users can also raise support tickets. However, the ticketing system isn’t quick enough, and you may receive a solution only after a few days. eToro has an active presence on various social media platforms.
Here’s how you can reach eToro:
- YouTube: https://www.youtube.com/user/eToro
- Twitter: twitter.com/eToro
- Facebook: facebook.com/eToro
Mudrex’s fast email support, live chat and detailed blog & FAQ section helps it rank at the top in community & support.
Community & Support
#8 Referral Bonuses
A referral program helps users earn from their crypto network. We look at the referral programs offered by these three platforms.
At the time of writing, Coinrule is not running any referral programs.
With the Mudrex crypto referral program, users get $25 for every valid referral they make. Moreover, users also get a 50% of all spending by the referred user on the Mudrex platform. These funds can be used on the platform itself. There is no earning limit in the program, and you can earn as much as you want. Mudrex also hosts multiple giveaways for referrers, including exciting prizes, additional bonuses, and much more.
In the eToro referral program, users can earn $50 for every valid referral. However, this bonus is capped at $500 and is only available in a few countries.
Mudrex’s referral program comes with high profitability and no earning limit, making it ideal for users. Therefore, it takes the top spot in crypto referral bonuses.
Coinrule vs Mudrex vs eToro— The Final Verdict
As we see from this Coinrule vs Mudrex vs eToro review, it is clear that all three platforms have certain features that make them unique. We hope this Coinrule vs Mudrex vs eToro review helps you select the right trading platform for your crypto investments. But before you invest, make sure you note that not every trading bot platform is ideal for all kinds of traders. Therefore, it is essential to chalk out your trading goals before you match them with a platform.
While no trading bot is perfect for all, this Coinrule vs Mudrex vs eToro review highlights that Mudrex is the best crypto bot platform for all kinds of crypto traders. Mudrex’s stellar UI, easy investment options and high profitability make it an ideal choice. 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.