In the field of digital currency investment, trading bots have become an important tool for investors. They help investors reduce risk and increase returns through efficient automated trading strategies. With the rapid development of AI technology, trading bots are now imbued with AI. Just last month, ATPBot was hailed as the ChatGPT of the investment world by thousands of media outlets. So how exactly does ATPBot perform? Today, we will conduct a detailed review. For our comparative review, we've selected the two platforms with the most users of traditional trading bots, 3Commas and Pionex. We have chosen six aspects that users care about most for a detailed comparison.

1.Features and Characteristics

3Commas supports 5 common trading strategies such as DCA and Grid, and 5 semi-automated smart trading tools. Users can manually set the robot or purchase other traders' robots and trading signals from the strategy market. 3Commas does not support backtesting, so if users need to backtest their parameters, they need to use third-party tools.

Pionex supports 16 trading strategies such as DCA, Grid, and Martingale. Users need to choose a strategy and set the robot's parameters before investing. The number of parameters is relatively less than 3Commas. Pionex also does not support data backtesting.

ATPBot doesn't have traditional fixed trading strategies. Each of its strategies consists of multiple strategy modules. For example, DCA is a strategy module here. AI then assembles the strategy modules into a strategy template. After a large amount of data testing, the template with good data and parameters is assembled into a finished strategy, which is then pushed to users. Depending on different user levels, 3-18 strategies are pushed every week. Users can intuitively view all the data of the strategy and invest according to their investment preferences. After a month of use, this experience feels very interesting and secure.

One feature of ATPBot that I really like is that each of its strategies is unique and is only pushed to one user. This feature largely solves the problem of a large number of users placing orders at the same time due to homogenization of strategies, which leads to slippage. I had a deep impression of this problem when using 3Commas. I started subscribing to a good signal, and the return was good for the first two months. But as more and more users subscribed to that signal, I slowly stopped making money because users on the same platform became competitors.

ATPBot is outstanding in terms of backtesting. While 3Commas and Pionex do not support backtesting, every robot of ATPBot goes through backtesting and achieves good results before being provided to users. All the data is displayed to users, such as the profit rate during the backtesting period, number of trades, winning rate, Sharpe ratio, maximum drawdown rate, and you can even find each order's opening and closing on the chart. Compared with the other two platforms, ATPBot does this aspect very well, and users can have a good understanding of whether the bot has performed well in the past when choosing it.

Next, I will rate features and characteristics:

3Commas:⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

2.Usability

The use of 3Commas needs to be analyzed in two ways: one is for manual investors, who need to set a large number of parameters and need a high understanding of the strategy and trading system. To take the DCA robot as an example, if you want to create it yourself, you need more than 30 parameters, which is quite difficult for ordinary users. The other is copy-trading investors, who can select robots with good data from the market, copy them over, and start using them. This is much easier for ordinary users and can be quickly mastered.

Pionex's robot settings are much less than 3Commas, and ordinary investors can master basic skills by learning for a short time and then trying with a small amount of money for a short time. In addition to trading robots, Pionex also offers a variety of financial services, which can provide users with a bit of extra income when the market is down.

The use of ATPBot is even simpler. Users only need to pick a strategy, then enter the amount to be invested and it starts running. Choosing a strategy is much easier than choosing from the strategy market in 3Commas. Taking the Advance member as an example, AI pushes 6 strategies every week, and all I need to do is pick the ones I like from these six every week. The same task would require choosing from hundreds of robots when using 3Commas. I have to thank the progress of AI technology for saving humans so much time.

Next, I will rate usability:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

3.Returns

The expected annualized return rate of 3Commas is 96.96%. This data is calculated by randomly selecting 100 robots from the market and calculating the average.

The expected annualized return rate of Pionex is 113.95%. This data is calculated from the average of data provided by 79 investors. However, due to the difference in parameter settings, the annualized return rate of ordinary user investment may be far lower than this value.

The expected average annualized return rate of ATPBot is 197.46%. The data is based on the official statistics provided. Different membership levels have different strategy return rates. Here, the data of the lowest level strategy is used. The return rates for higher level strategies are respectively: 238.66%, 345.29%, 483.28%. It is recommended to pay attention to the backtesting period of the strategy when choosing it. While ensuring the return rate, try to choose a strategy with a backtesting period of more than 12 months. In this way, the final actual return and expected return of the strategy will be closer.

Now, I'll rate the returns:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

4.Fees

The membership fee for 3Commas ranges from $20-$99 per month, and there is a 50% discount for those who choose to pay annually.

All robots on Pionex can be used for free, only trading fees need to be paid.

The membership fee for ATPBot ranges from $999-$29,999 per year, and it only supports annual payments.

Now, I'll rate the cost aspect:

3Commas:⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐⭐ ATPBot:⭐⭐⭐

5.Customer Support and Community

3Commas has the most comprehensive customer support. They have prepared document explanations and video tutorials for almost every problem that users may encounter during the use. The community also supports multiple languages, facilitating users from different regions to communicate in their native languages.

Pionex also has good customer support. Documents and video tutorials are provided, but the quantity is relatively less than 3Commas. The community also supports multiple languages.

ATPBot's customer support is relatively basic, with only some basic documents and videos. After all, given the limited time since its launch, it's impossible to reach the heights of the other two products in a short period. The community is only in English, but the community service is excellent. Official analysts provide free 1v1 strategy customization, alleviating the minor annoyance of users researching strategies themselves.

Here are my ratings for customer support and community:

3Commas:⭐⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐

6.Security

3Commas suffered an API Key leak event in December last year, resulting in considerable losses for many users. Although the vulnerability has been resolved, it still inevitably raises concerns about security.

Pionex requires users to transfer their cryptocurrencies to its own account, which raises questions about the safety of funds. The collapse of FTX comes to mind, and it does raise some concerns. Additionally, Pionex is gradually moving towards being an exchange, which may mean that the goal of running bots is no longer to help users make money, but to encourage users to trade more frequently, provide higher liquidity, and earn more transaction fees.

ATPBot has only been on the market for a short time, so it's difficult to make an evaluation. However, one aspect seems quite commendable. When I was adding the Binance API Key, ATPBot refused to connect to my account because the API Key had fund transfer permissions. After consulting with customer service, I learned that ATPBot has a safety setting; if the user-provided API Key has any permissions outside of trading, it will be rejected. This seems like a lesson learned from the 3Commas leak incident.

Here are my ratings for security:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐

Summary

3Commas is a tool that requires you to do a lot of the work yourself, making it suitable for seasoned investors with rich trading experience. Although there is a market for copying strategies from others, it's not easy to pick an appropriate one. If you want to increase your profits, you need to subscribe to third-party signals. High-quality signals require you to pay an extra fee ranging from tens to hundreds of dollars per month, which can reduce cost-effectiveness.

Pionex is more like an exchange that provides additional automated trading tools. If your investment goal is to hold crypto assets at a lower cost, it's a great choice. You can use many mature bots without paying any additional fees, which can significantly help lower your average holding costs.

ATPBot has its unique features and provides an overall pleasant experience, acting more like an asset management platform. In the ever-changing crypto market, we need a robust tool to guide us. ATPBot is such a revolutionary trading tool, providing reliable support for our investment decisions. If you're looking for an intelligent, efficient, and dependable trading assistant, ATPBot is undoubtedly a worthwhile option. By using ATPBot, you can implement more effective investment strategies and achieve wealth growth. The only downside is that the membership fee can be quite high, possibly too expensive for small-scale investors. However, if your investment amount ranges from $5,000 to $300,000, no matter what type of investor you are, you should prioritize it.

Overall, each platform has its features, and investors should first clarify their investment expectations before making a choice. Then, it should be relatively easy to select the most suitable trading bot for themselves.