Mizar vs 3Commas: Picking The Best Copy Trading & Automation Platform

Reviews
9-DEC-22
This image has navy blue and turquoise gradient background with small stars. It contains white text and the Mizar logo saying "the smarter way to trade crypto". The image also contains a green 3commas logo.

This article is a head-to-head comparison of Mizar social trading platform with one of the leading automated trading software providers — 3Commas. We elaborate on key features, advanced features, associated fees, user experience, and much more to pick the winner.

Mizar vs 3Commas Crypto Bot Comparison: A Quick Overview


Mizar vs 3Commas Crypto Bot: Pros Compared

Mizar Crypto Bot Pros

3Commas Crypto Bot Pros

Automated trading ecosystem powered by the flywheel tokenomics effect 

Сredible & reliable platform with > 1,200 positive reviews on TrustPilot

Unlimited features without subscription, no payments if you don’t trade or profit

Up to a 95% discount on paid plans

Flexible pricing plans for any needs

Free access for some of the features

Intuitive onboarding & one-click trading automation experience

Powerful trading & portfolio management tools available across 23 crypto exchanges


Mizar vs 3Commas Crypto Bot: Cons Compared

Mizar Crypto Bot Cons

3Commas Crypto Bot Cons

Lack of industry reputation, as the platform is fairly fresh

Fairly complicated interface & bot setup

Only supports 11 crypto exchanges

Not cost-effective for traders with small volume & account balance

Limited educational & community resources

No user-friendly copy trading marketplace. Just signals, not strategies to copy.


Mizar vs 3Commas Crypto Bot Comparison: In-Depth View


Mizar vs 3Commas Crypto Bot Comparison: Key Features

Description

Mizar Trading Bot

3Commas Trading Bot

Unlimited Features

[W/O Subscription]

Yes

No

User-friendly

High

Medium

One-click Copy Trading

Yes

No

Marketplace

Yes

Yes

DCA Bots [No Coding]

Yes

Yes

API Bots 

Yes

No

Grid Bots [No Coding]

No

Yes

Pay-Per-Use Paper Trading

[Unlimited]

Yes

No

API And Tradingview Connectivity

Yes

Yes

Portfolio Tracker

Advanced

Good

Positions Manager

Advanced

Advanced

Desktop App

No

No

Mobile App [IOS/Android]

No

Yes

Integrated token for fees and rewards

Yes

No


Mizar Trading Bot Key Features Explained

  • Copy Trading. Follow other traders to capitalize on their trading strategies, bot setups, and more. Copy trading is much simpler compared to 3Commas.

  • Social Trading. Join a powerful trading community for tips, insights, and trading strategies in an automated way

  • Trading Bots. A wide range of bots, including DCA, Grid [soon], and API bots. No coding background or prior trading experience required

  • Marketplace. The marketplace offers ready-to-go bot trading strategies for any taste

  • Smart Trading & Portfolio Tools. Track and manage your assets from one single interface. Enjoy TradingView indicators, track, and manage your portfolio like a professional. 

  • Paper Trading. Enjoy a safe trading environment for free. Practice on stop loss & trailing orders, stop loss selling, multi-take profits, and more.


3Commas Trading Bot Key Features Explained

  • Copy Trading. Develop your bots and open positions based on trading signals

  • Social Trading. Observe the trading behavior of newbie peers and expert traders alike

  • Trading Bots. DCA and Grid bots, plus a unique options bot. No API bots

  • Marketplace. A built-in marketplace for signals, but not strategies

  • Smart Trading & Portfolio Tools. Powerful portfolio tracking and management tools to close positions, cancel, add funds, edit take profits, and more.

  • Paper Trading. 3Commas doesn’t provide paper trading for free, you need a paid plan to test your trading ideas safely.


Mizar vs 3Commas Crypto Bot Comparison: Advanced Features

Description

Mizar Trading Bot

3Commas Trading Bot

Advanced Trading Functions [Stop Loss, Trailing, Multi Take Profits]

Yes

Yes

Multi-Currency Bots

Yes, Unlimited

Yes, Depending On Your Subscription

Multi-Exchange Bots

Yes, Unlimited

No

Multi-Subscription Bots

Yes, Unlimited

Each Time You Want To Trade With A Bot, You Have To Develop/Copy A New One

Multi-Quote Assets Supported

Yes

Yes

Spot trading and futures trading Supported

Yes

Yes

Smart Trading Terminal

Yes

Yes

Mizar supplies a simplified yet advanced trading approach for both newbies and experts, while 3Commas fits high-volume users with solid experience. However, experts can save a significant amount of time using the multi-subscription and exchange features of the Mizar as the best copy trading platform. 


Mizar vs 3Commas Crypto Bot Comparison: Fees And Rewards

Description

Mizar Trading Bot

3Commas Trading Bot

No Subscription Or Monthly Fees

Yes

No

Profit Sharing

[For Copy Trading]

Yes

No

Referral Program - Scalable, Based On Traded Volumes

Yes

No

Discounts

Up To 95%

50% With Yearly Plan

Free Trial

$10k Free Traded Volume Each Month + $5 For Free

7 Days

You can use all Mizar features for free and pay nothing as far as you’re trading < $10k monthly. Once you go beyond the limit, you will need to deposit. The happy news is Mizar has featured the STAR program, similar to Binance   — a tiered system providing up to 95% discount on feed. The more you stake, the fewer fees you pay. 

3Commas is also free, but you don’t get all the features. For example, you won’t access paper trading using a free plan. The paid plans are quite flexible, yet you’re capped at a 50% discount for a year-round subscription.


Mizar vs 3Commas Crypto Bot Comparison: Exchanges & Customer Support


Exchanges

Description

Mizar Trading Bot

3Commas Trading Bot

Supported Exchanges

11 CEX, Multiple Markets

23 CEX, Multiple Markets

Non Custodial API Connectivity

Yes

Yes


Customer Support

Description

Mizar Trading Bot

3Commas Trading Bot

Customer Support

Very Good

Good

Features Implementation Community Centric

Yes

No

3Commas is way ahead in terms of crypto exchanges supported, which is an excellent feature for arbitrage traders. Mizar, on the other hand, is doing a better job of onboarding and educating newbie traders. If you’re a side-hustle trader or just getting started, Mizar is your option.


Closing Thoughts

Mizar is a one-click trading solution for anyone. Compared to 3Commas, Mizar has a more accessible marketplace, better pricing, and a backbone economy supported by the native token. You can get copy & social trading experience, practice with any strategies safely, get access to a built-in collection of developed strategies, and far more.


FAQ

What is Copy Trading by Mizar?

The copy trading feature is a variation of social trading, allowing you to copy strategies of more experienced traders and get similar results with no prior experience.

What is Smart Trading by Mizar?

The smart trading tools feature is a bulletproof way to trade for newbies and pro traders alike. Since Mizar has an exclusive partnership with TradingView, you can connect to TradingView, use indicators into your trading and manage your asset from one single interface.

What Are Copy Trading Exchanges by Mizar?

As of writing, the Mizar copy trading & automation platform supports Huobi, KuCoin, FTX, Binance, OKX, Coinbase Pro, MEXC, WOO Network, Bybit, and Crypto.com exchanges. 

What is Crypto Portfolio Tracking Software?

Crypto portfolio trackers allow you to keep a keen eye on your trading portfolio. Mizar is one of the best crypto portfolio trackers you can use to automate your portfolio management, thus making the most of any trading experience.