3Commas.io is a powerful yet simple and user-friendly platform for developing any automated crypto trading system (ATS), using trader bots. Finestel.com on the other hand is a crypto asset management hub. While 3Commas is designed to fulfill a wide range of crypto traders & copy traders, Finestel is designed for building virtual or digital asset management firms, especially if you use their new VIP platform, Finestel Pro.

In this post, I want to compare, and also combine them to see if they’re comparable (as they differ significantly) or combinable! Let’s go.

3Commas

3Commas will do everything — trading related obviously — if you know how to ask from its bots, which is very easy to learn. If you know your way around trading terminals and trading strategy development, you can get the platform’s trader bots to deploy your trading strategy into your exchange account(s).

3Commas’ bots are technically Automated Crypto Trading Systems that deploy crypto trading strategies, which you develop, buy, or copy from another bot on the platform’s marketplace, either as a newbie — like me — or a pro trader.

Finestel

Finestel is a crypto asset management hub. Traders on Finestel connect their exchange accounts (Binance/Kucoin) via read-only API access. Finestel copies their trades and replicates them into “Investor” accounts on the platform.

These investors are copy traders or crypto asset managers’ clients that connect their exchange accounts via trade-only API access.

3Commas & Finestel Compared | Which is Better for Crypto Asset Management?

A trader bot or a bot platform like 3Commas is one of the best tools to build an ATS (Automated Trading System) and ATSs play crucial roles in the crypto asset management industry; some asset managers still prefer to place orders manually, though.

Finestel on the other hand is mainly focused on crypto investment management by professionals. You can literally build a digital crypto asset management firm on top of Finestel and if the platform didn’t satisfy your needs as a trader, Finestel Pro will do; I’ll tell you more about Finestel Pro further below.

Finestel vs 3Commas | Asset Management Tools vs Traders Bots

If you’re wondering, by the way, traders don’t pay anything for using Finestel or Finestel Pro. Finestel revenue is from the monthly “Service Fee” ($29) that investors or clients pay per copy. You can use Finestel or request a personalized Finestel Pro (if you have a community of clients) for free.

Although building a bot is simple, yet sophisticated on 3Commas, it has a learning curve and requires a bit of prior knowledge about trading terminals and crypto trading strategy development.

In contrast, the only thing you need to know or learn to use Finestel is the API configuration on your exchange account, which is super simple. Just check their YouTube videos or blog.

The simplicity or complexity of a platform — or SaaS — is not necessarily good or bad. 3Commas and Finestel are both well-designed platforms and in my opinion, comparing the two does not make enough sense as their services differ significantly.

Combining 3Commas With Finestel

Peanut butter & jelly are perfect individually, but when you mix them together, the magic happens!

Finestel and 3Commas can be a match made in heaven. Assume you automate a crypto trading strategy using a 3Commas bot and connect it to your Binance, KuCoin, or Bybit account, and connect that exchange account to a Finestel account as a trader account (through read-only API access).

Now, you have a powerful ATS for crypto asset management! Asking how? Let me briefly tell you how Finestel works, you’ll probably guess the rest of the story.

How Does Finestel Work?

Proportional order & portfolio replication from one crypto exchange account into multiple copier exchange accounts, to be brief.
It supports Kucoin & Binance spot and Binance futures copy trading.

Finestel copies orders from the copied trader account and replicates them into its investors’ accounts. Investors receive the same exact order set (SL, TP, etc.). However, the amount of order that each investor account receives is proportional to their exchange account balance.

So, combining Finestel with a 3Commas bot makes the perfect recipe for building a digital asset management firm on top of Finestel’s engine; this is the next-level crypto asset management really!

Combining ATS With Proportional Crypto Copy Trading Is The Next Gen Crypto Asset Management

Maintaining multiple crypto portfolios or distributing a trading strategy for portfolio or asset managers could be a pain. But by using the system I mentioned above, you will have an automated crypto trading system that Finestel automatically distributes into a network of clients’ exchange accounts, proportionally.

Clients of a crypto portfolio manager or a crypto asset management firm don’t have the same balance. Arranging and rearranging a crypto portfolio using a portfolio management strategy requires calculations for the amount of order that the manager needs to place for each portfolio with a different balance or total value. Finestel’s proportional order replication is the remedy for the pain!

Now imagine the 3Commas bot deploys your trading strategy into your exchange account and then Finestel distributes it proportionally into all your clients’ exchange accounts.

Besides, if you have more than one crypto portfolio management strategy this combination works for you even better! Finestel gives you access to connect up to 10 exchange accounts, for free! Crypto portfolio managers don’t have only one strategy. Did you get the point?

Each of your strategies can be a trader exchange account (or sub-account) on Finestel with different minimum investments and performance fees.

The minimum investment is the minimum balance value (BTC or USDT) that an investor exchange must have to copy the trader's account, no matter what coins or tokens it contains. And the performance fee is the trader's share of the investors’ profit, realized, calculated, and automatically transferred from the investors’ Finestel wallet to the copied trader’s, at the settlement date (every 30 days on Finestel or any custom period on Finestel Pro).

More Details on Finestel Pro

If you’re managing a community of clients on a website or your social media channels, send your logo and your personal brand name, and some more details, and then receive a fully personalized crypto copy trading platform that not only has all Finestel’s features but even more!

Let’s see what you’ll get: 
(+Mentioning an image from Finestel Channel)

Finestel Pro’s Features & Capabilities

Finestel Pro claims to deliver each white label crypto copy trading dashboard in less than 2 days after sending your logo and personal details. Then:

• You’ll receive a Finestel sub-domain, starting with your brand name (ex: yourbrand.finestel.com)
• You can also have this white label copy trading firm on your own domain (ex: yourbrand.com)
• You’ll have your logo and colors on the dashboard instead of Finestel’s
• A trading terminal to trade on
• A wallet and a wallet Management Service
• Marketing tools such as referral and affiliate programs, as well as personal email addresses
• A customizable & robust reporting system
• You can customize your own pricing models using subscription, management, and performance fees, or a combination of two or all of them
• You can design your own support system using Telegram, Telegram bot, Discord, email notifications, and live chat.

Besides, your clients and investors will only see your own traders/strategies or trader bots on the “Explore Strategies” page of the dashboard, not other traders that are public to anyone on Finestel.

Conclusion

The cryptocurrency industry is improving at a rapid pace. Crypto asset management, crypto trading, and crypto investment management, in general, is a super complex job, and doing it manually will take enough time to toss you behind the pace and efficiency. The combination of trader bots running on a copy trading engine is truly the next generation of the crypto asset and portfolio management.