The rise of cryptocurrency has been nothing short of a dream run. As the world gets accustomed to regular news of Bitcoin, Dogecoin, Etheruem and many more currencies, new traders are actively entering the market to try out their hand in crypto trading. But in a market that is active 24×7 and volatile, manually trading is not the solution. Therefore, trading automation has become a powerful tool for traders. Now, traders can easily automate their trades and not miss out on profits when they are not manually trading. Moreover, many platforms also offer traders the choice to copy the strategies of expert traders, a process known as copy/mirror/social trading.
In this Cryptohopper vs Mudrex vs Paratica review, we will discuss the key features of these automated trading platforms. We will also score the platforms for each feature based on the relevant pros and cons and provide a total score at the end to help you choose the best platform for your investment needs.
Here’s the Cryptohopper vs Mudrex vs Paratica comparison
Cryptohopper is a cloud-based copy trading platform that helps users customise and backtest their strategies seamlessly. Users can choose from a variety of strategies and templates to start investing. With its easy process and many tools, Cryptohopper has received quite some acclaim from traders. In this Cryptohopper review, we will compare it with Mudrex and Paratica and rate them on their top features.
The Mudrex bot marketplace is a cloud-based trading platform making crypto trading easy for everyone. Users can invest in pre-built Mudrex trading bots or customise their own strategies using a no-code crypto strategy builder. The pre-built strategies are 100% automated and are created by expert traders, and you can invest them in a few clicks at Mudrex Invest. In this Mudrex review, we will compare it with Cryptohopper and Paratica and underline the stark differences while ranking them on various features.
Paratica is a cloud-based social trading platform where traders can manually execute their trading strategies or follow other expert traders. For manual traders, the platform offers an easy-to-use interface with a plethora of tools. While social trading, users can view all the available trading experts to copy in the experts’ tab. This Paratica review will detail the best features of the platform while comparing it with Mudrex and Paratica.
Cryptohopper vs Mudrex vs Paratica— A Review
In this Cryptohopper vs Mudrex vs Paratica review, we will score each platform from 0-10 on multiple essential features that an investor looks for in a trading platform. These include platform reliability, profitable strategies, usage fees, customer support and referral bonuses. The final scores are given below, and a detailed Cryptohopper vs Mudrex vs Paratica review follows.
|Trading Strategies and Profitability||7/10||9/10||7/10|
|Ease Of Investment||6/10||9/10||6/10|
|Community & Support||8/10||9/10||8/10|
#1 Platform Reliability
We review some features that make these platforms reliable and safe for use.
The Cryptohopper trading platform was launched in 2017 and is based in Amsterdam. With over 200,000 users and 30 million completed crypto transactions, Cryptohopper has cemented its place in the market as one of the top crypto trading platforms. It has employed multiple security features, such as password security, 2FA, and no withdrawal permission API integration.
The Mudrex crypto trading platform was launched in 2019 and backed by Y-Combinator. Based in San Francisco, Mudrex has been growing exponentially due to its easy-to-use crypto investment platform and highly profitable solutions. With over 25,000 investors on the platform, Mudrex has transacted over $1.5 Billion in trade volume. Mudrex has employed specific security measures that include two-factor authentication, lightning-fast customer support, and no-withdrawal permissions for APIs to ensure that the platform is safe for all users.
Paratica was launched in 2018 and is based out of Istanbul. The platform has over 5200 investors, with over $21 million trade volume and 3 million orders per month. At Paratica, users must enable 2FA before they can even add API credentials to trade on the platform. Moreover, the API credentials have no withdrawal permissions, removing any risks of malicious withdrawals.
Reliability is a must to ensure that traders can trade without worry. With utmost security and a reliable userbase, Mudrex ranks the highest in platform reliability.
#2 Trading Bots/Strategies and Profitability
Here we review the types of strategies, templates and bots offered by these platforms and their profitability.
Trading At CryotpHopper
Cryptohopper offers highly customisable bots where traders can use different indicators to create their own trading strategies. Users can also visit the Cryptohopper marketplace that contains multiple trading strategies developed by other users and follow them. While each strategy displays a collective of information that helps the users choose securely and safely, the abundance of information can confuse new traders.
Some of the top-performing trading bots at Cryptohopper are:
- Profit Hero Premium – DEX
- Profit Grinder by Crypto-Base.eu
- Triple Screen Short Term Swing Trading
Trading At Mudrex
The Mudrex crypto trading platform makes it easy for traders to view all essential information with just one click. Users can head to the Mudrex Invest dashboard and check out details 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:
Paratica Trading Bots
At Paratica, traders can follow expert traders or customise and automate their trades themselves. The experts’ tab in the Paratica dashboard displays the list of experts available, which can be filtered by the number of followers and their trading status (active or passive). Each expert has a detailed page where you can see their trading history, pairs used, profit, status and start date.
Investors can easily view the top-followed experts, and some of them are:
- Altug v2
In the end, a platform’s success boils down to how profitable it is for the users and how easily users can make informed trading decisions. Mudrex helps users select the bot that fits their investment needs with transparent results. Therefore, Mudrex receives the top rank here.
Trading Bots/Strategies and Profitability
#3 Pricing / Platform Usage Fees
We review the pricing model of these three platforms and any other fees.
Users can opt for a free version at Cryptohopper to test out limited features on the platform. These include up to 20 positions per month but are restricted to manual trading. If you wish to purchase a premium plan, you have three options, which are relatively costlier than other crypto trading platforms. These are Explorer ($16.58/m), Adventurer ($41.58/m) and Hero($83.25). Moreover, users will have to shell out additional fees when they invest in paid strategies, some of which cost a lot. Also, the minimum investment amount at Cryptohopper is $250, which is also higher than usual.
In the unique pricing model of Mudrex, users do not have to pay any account opening or monthly fee. Users can also create and backtest their strategies on Mudrex for free. A fee is paid only when a user decided to invest in the platform, and it starts as low as $5 per month. The fee varies depending on the bot and the amount invested, and the minimum investment amount on the platform is $150. Moreover, Mudrex offers another great feature called the Mudrex Protect, a fee refund if the strategy does not yield profit in a month.
If users wish to publish and earn from their strategy, they can opt for the premium plan priced at $16/month. The premium plan offers features such as get unlimited backtests, 200+ technical indicators, priority 24×7 support and the ability to publish and earn from your strategies on Mudrex.
Paratica offers three pricing plans for its users. The first is the Silver Premium plan ($9.9/month), including five positions/day and 150 positions/month, 50 pairs and more. The Gold Premium Plan ($14.9/month) includes ten positions/day, 300 positions/month, 20 concurrent positions and many more features. The most extensive plan is the Platinum Premium plan ($19.9/month), in which users can get unlimited positions per month, 50 concurrent positions, unlimited pairs, and a lot more. There is no minimum investment amount at Paratica, and users can invest as low as the exchange permits.
With a simple pricing model that charges a nominal fee only when investing, Mudrex receives the top rank in platform usage fee.
Pricing / Platform Usage Fees
#4 Ease of Investment
We will review how easily a user can invest in these three platforms.
How To Invest On Cryptohopper
Cryptohopper has a clean and informative UI, with an interactive dashboard to view all relevant information. Investing on Cryptohopper is easy and gets more manageable with the Cryptohopper app, which is available on Android and iOS. While the investment process is easy, the overabundance of information can be confusing for new traders.
Here’s how you can start investing at Cryptohopper:
- Create/Login to your Cryptohopper Account;
- Connect an exchange with an API key;
- Pay the membership fee for the platform;
- Select the strategy you want to use from the marketplace, and pay the subscription fee;
- Start the strategy, and you are done.
How To Start Investing On Mudrex
Mudrex focuses on bringing the best to its users without complicating anything. The investment process at Mudrex is extremely simple, and the Mudrex UI is exceptionally intuitive. The seamless process, user-friendly approach and utmost transparency make it extremely easy to invest with Mudrex. While the platform does not have a Mudrex app on mobile, the desktop version is extremely thorough and sufficient.
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 Invest On Paratica
To ensure security, users have to enable 2FA before they can start investing, which requires downloading the Google Authenticator app. Once 2FA is initiated, users can easily invest in Paratica, create their own strategy, or follow expert traders. The Paratica app is available on Android, which has multiple features to help trade on the go.
Here’s how you can start investing in Paratica:
- Create/ Login to your Paratica account;
- Download the app for 2FA security (mandatory);
- Scan QR Code;
- Backup the security key;
- Enable Google Authentication;
- Set up an API key;
- Create your own strategy or follow an expert;
- Set up the bot, and you are good to go.
Mudrex offers the most effortless investment process out of all three platforms, where users can invest in just a few steps. Therefore, it tops the list for ease of investment.
Ease of Investment
#5 Post-Investment Tracking
We review how these three platforms offer post-investment tracking solutions.
Portfolio Tracking At Cryptohopper
The Cryptohopper dashboard displays a detailed analysis of a user’s portfolio, with details such as total invested amount, total assets in exchange, open positions, total current positions, last five sells, the current target, and Cryptohopper output, which shows detailed trade information.
Portfolio Tracking At Mudrex
The Mudrex Invest dashboard provides all portfolio details, such as the bots a user has invested in, the total amount invested, the current value of the investment, the total returns in % of each bot, and the overall returns.
At Paratica, users get all the essential portfolio details right on the Paratica dashboard. The dashboard contains details such as all your positions and filters for the last 30, 10 and 7 days. Users can easily click each position and get additional information.
Cryptohopper offers a detailed portfolio overview to the users, which is why it holds the top rank for post-investment tracking.
#6 Exchanges Supported
Here, we look at the crypto exchanges supported by these three platforms.
Exchanges Supported By Cryptohopper
Cryptohopper officially supports 13 exchanges, such as HitBTC, Bitpanda Pro, Binance, Coinbase Pro and Bittrex, to name a few.
Exchanges Supported By Mudrex
At Mudrex, users can invest through Coinbase Pro, Binance, Bybit, Deribit, OKEX and BitMex.
Paratica Exchanges Support
Users at Paratica can trade through four exchanges, which are HUOBI, Binance, OKEx and Chiliz.
Cryptohopper supports the most exchanges among the three platforms, which is why it ranks the highest.
#7 Community & Support
We review the support offered by these three platforms and their social communities.
Cryptohopper offers support in multiple languages, including English, Spanish, and French. It provides a 24×7 chat feature, and users can also generate support tickets for their grievances. The platform also boasts of active communities on Discord & Telegram, with a presence on Facebook, Twitter, and Instagram.
Here’s how you can reach Cryptohopper:
- Email: email@example.com
- Discord: discord.com/invite/qdv6RJx
- Twitter: twitter.com/cryptohopper
The mudrex crypto trading platform offers a highly comprehensive FAQ support section where users can get solutions to most account-related issues. Mudrex also offers lightning-fast email support, live chat, and a comprehensive crypto trading blog that has multiple articles on trading strategies, investment tips & tricks, and a lot more. The platform has active communities on Discord and Telegram and a presence on social media as well.
Here’s how you can reach Mudrex:
Paratica has active communities on Telegram, both for English and Turkish speakers. The platform also offers email support and has a community page on the website as well. However, it is not highly active and may not answer all your questions.
Here’s how you can reach Paratica:
- Email: firstname.lastname@example.org
- Telegram: t.me/paratica
- Twitter: twitter.com/paraticacom
Mudrex’s fast support and active trading community are optimal for any user. Therefore, it receives the top rank in the community & support feature.
Community & Support
#8 Referral Bonuses
Below, we will look at the referral programs offered by these three platforms.
Users will receive a 10% commission when their referred user signs up for a paid plan and up to 15% commission for every payment made on the platform.
The Mudrex crypto referral program offers $25 for every valid referral, along with a 50% commission for all funds spent on Mudrex by the referred user. There is no limit as to how much commission a user can earn. The Mudrex referral dashboard contains all essential details about your referred users and referral links. Mudrex also hosts frequent giveaways with exciting prizes and additional bonuses.
When you refer a user to Paratica, you get a 10% commission for every purchase by the referred user. You can find all relevant details on the Paratica referral dashboard and know about your referral code, custom QR code, total earnings, balance, commission rate, and more.
Mudrex takes the top spot as it offers a highly profitable crypto referral program with no earning limits and a high commission.
Cryptohopper vs Mudrex vs Paratica — The Final Verdict
As we see from this Cryptohopper vs Mudrex vs Paratica review, all three platforms have multiple features that make them the top automated crypto trading platforms. Through this Cryptohopper vs Mudrex vs Paratica review, we hope we can help you select the right trading platform for your crypto investments. But before you invest, ensure that you understand that there is no ‘one bot fits all’ phenomenon, and every trading bot is different. Therefore, make sure your investment goals are clear, and you have thoroughly researched the platform you wish to invest in.
While no trading bot is perfect, this Cryptohopper vs Mudrex vs Paratica review highlights that Mudrex is the ideal platform for all traders. With a stellar user experience, nominal fee while investing, utmost security and highly profitable strategies, Mudrex helps traders automate their trades and generate consistent returns. Trade while you sleep with 100% automation without worrying about a thing. 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.