LiveTrader vs 3commas

Struggling to choose between LiveTrader and 3commas? Both products offer unique advantages, making it a tough decision.

LiveTrader is a Finance solution with tags like algorithmic-trading, automated-trading, backtesting, day-trading.

It boasts features such as Automated algorithmic trading, Custom trading strategy builder, Backtesting for strategies, Paper trading to test strategies, Automation for strategies, Real-time market data and analytics, Customizable layouts and workspaces, Chat rooms and social features and pros including No coding required, Intuitive visual strategy builder, Backtesting helps refine strategies, Paper trading to test without real money, Automation frees up time.

On the other hand, 3commas is a Bitcoin & Cryptocurrency product tagged with cryptocurrency, trading, automation, portfolio-management.

Its standout features include Smart trading terminal, Multi-exchange trading bots, Portfolio management, Paper trading, Marketplace for trading bots and signals, and it shines with pros like Supports many major exchanges, Easy to set up trading bots, Good portfolio analytics, Allows paper trading before going live, Marketplace provides access to community bots and signals.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

LiveTrader

LiveTrader

LiveTrader is an automated algorithmic trading platform designed for day traders. It allows users to create, backtest, and automate custom trading strategies without any coding required.

Categories:
algorithmic-trading automated-trading backtesting day-trading

LiveTrader Features

  1. Automated algorithmic trading
  2. Custom trading strategy builder
  3. Backtesting for strategies
  4. Paper trading to test strategies
  5. Automation for strategies
  6. Real-time market data and analytics
  7. Customizable layouts and workspaces
  8. Chat rooms and social features

Pricing

  • Subscription-Based

Pros

No coding required

Intuitive visual strategy builder

Backtesting helps refine strategies

Paper trading to test without real money

Automation frees up time

Cons

Steep learning curve

Limited customization compared to code-based platforms

Data feeds, platform fees, commissions add to costs


3commas

3commas

3commas is a cryptocurrency trading bot and portfolio management platform. It allows users to automate their trading strategies and manage their crypto portfolio across multiple exchanges.

Categories:
cryptocurrency trading automation portfolio-management

3commas Features

  1. Smart trading terminal
  2. Multi-exchange trading bots
  3. Portfolio management
  4. Paper trading
  5. Marketplace for trading bots and signals

Pricing

  • Free
  • Subscription-Based

Pros

Supports many major exchanges

Easy to set up trading bots

Good portfolio analytics

Allows paper trading before going live

Marketplace provides access to community bots and signals

Cons

Bots require monthly subscription

Limited free plan

Complex for new crypto traders

Risk of losses from automated trading

Bots may underperform simple buy and hold strategy