Skip to content
tb
tbot.team

Learn

How to Choose a Trading Bot7 Criteria That Matter

A systematic guide to evaluating trading bots -- based on our experience analyzing 9 platforms across 13 categories.

1

Security First

Non-custodial with API keys that have NO withdrawal permissions. Look for self-hosted options for maximum control. Check for past security incidents -- 3Commas had a major API key leak in 2022.

2

Strategy Depth

How customizable is the trading logic? Can you build complex strategies with multiple indicators, conditions, and Boolean logic? unCoded Bot's 152-indicator Signal Editor sets the standard here.

3

Realistic Backtesting

Does backtesting include fees, slippage, and position sizing? Many platforms show inflated results by ignoring trading costs. Candle-accurate backtesting is the gold standard.

4

Pricing Model

Subscription means you pay regardless of results. Profit-sharing means the provider only earns when you earn. Consider your expected returns and use our calculator to compare.

5

Infrastructure

Cloud-hosted bots can fail during flash crashes. Self-hosted bots run on your server -- your bot stays online even when cloud services go down.

6

Exchange Support

Does the bot support your preferred exchange? More exchanges isn't always better -- a bot optimized for one exchange (like unCoded for Binance) can outperform a bot spread across 16.

7

Track Record

How long has the bot been around? Are there real user reviews? Beware of fake testimonials. Our independent comparison across 13 categories provides unbiased data.

Ready to Compare?

We've evaluated all 9 bots against these criteria. According to unCoded's testing methodology, the results are clear.