crypto trading terminal

What Is a Crypto Trading Terminal? Top 5 Compared

Obviously, in order to trade your favorite tokens, you’ll need a crypto trading terminal. There are various crypto trading terminals available these days. However, to choose the best one, you’ll need some experience and knowledge. And, of course, you need to know what is a crypto trading terminal and how it works. In this article by Finestel, we answer the question, “What is a crypto trading terminal?” in detail.

In the beginning sections of this post, we explain what a crypto trading terminal is, how it works, and how you can use it. We also help you decide what trading platform to use by stating some key factors you want in a terminal. Moreover, we review some of the best crypto trading terminals available at the moment. So, get ready to find answers to almost all of your questions regarding crypto trading platforms.

What Is a Crypto Trading Terminal?

If you’re wondering, “What is a trading terminal?” it really has a straightforward definition. A crypto trading terminal is an all-in-one tool for analyzing and executing trades in the crypto market. A decent trading platform for cryptocurrency offers various tools to monitor the market. They allow you to buy and sell your preferred cryptocurrencies.

What Is a Crypto Trading Terminal?

Crypto trading terminals give you access to real-time market data. They mostly come with charting and order management tools. A trading platform crypto traders use also integrates technical analysis indicators. Portfolio management features are also included in their services.

Overall, A crypto trading terminal is a centralized hub where you can access a wide range of crypto pairs on your exchange or broker of choice. Thus, if you want to trade crypto, a reliable crypto trading terminal is the first thing you need.

How Do Crypto Trading Terminals Work?

As already mentioned, crypto trading terminals are centralized platforms. Through them, crypto traders can access multiple exchanges via API keys. So they can execute trades efficiently. A trading platform crypto exchanges like Binance provide real-time market data. You can execute various order types like market and limit orders.

These crypto trading terminals offer features dedicated to the crypto market and are mostly powered by TradingView. So, they are easy to use for most individuals, and you can utilize many TradingView free indicators and tools to boost your performance.

On the other hand, there are platforms like the MetaTrader 4 trading terminal. These terminals are commonly for forex and CFD trading. Yet, the MT4 trading terminal offers CFDs for major cryptocurrencies. Unlike other crypto trading terminals, MetaTrader 4 and 5 are typically connected to brokers. So, you can also access traditional financial markets besides cryptocurrencies.

How to Use Trading Terminals?

So, how to use trading terminals for crypto? There are a few key steps to follow for both exchange-specific terminals and more general platforms like the MT4 trading terminal.

For exchange-based terminals (third-party crypto trading terminals)

1. Connect your exchange account(s) to the crypto trading terminal using the provided API keys. This allows the terminal to access your account information and execute trades directly.

2. Use the crypto terminal’s charting tools and indicators to analyze price movements and execute trades. A decent trading platform for cryptocurrency offers features like customizable dashboards, price alerts, and auto-trading using crypto trading bots. Use these tools as you wish.

3. Execute trades within the terminal interface. You can use order types like stop-losses, take-profit orders, and trailing stops to manage your risk.

4. Monitor your portfolio and trading performance using the terminals dashboard. You can also manage all your positions from these centralized crypto trading platforms.

For MetaTrader 4 Trading Terminal (Also applies to MT5)

1. Connect the MT4 trading terminal to your broker or exchange using the provided login credentials.

2. Then, you’ll have access to a wide range of financial instruments. This list goes beyond just cryptocurrencies. It also includes forex, stocks, and commodities. With the MT4 trading terminal’s tools and features, you can either trade manually or automatically.

3. You can also use complex trading strategies using MetaTrader’s built-in programming language. Expert Advisors (EAs) and algorithmic trading capabilities to automate your trading process.

4. Manage your trades and track your performance all within the MT4 trading terminal interface. Click here for a more comprehensive guide on how to trade crypto on the MetaTrader 4 trading terminal.

Best Crypto Trading Terminals in 2024

While we have presented some key factors for deciding what trading platform to use, we make things even easier. Here are the top 5 crypto trading terminals in 2024:

Feature Finestel 3Commas Altrady TabTrader MetaTrader 4 (MT4)
Best For Professional traders and asset managers Traders seeking automation Traders needing comprehensive tools Traders looking for a simple interface Experienced traders (not beginner-friendly)
Supported Exchanges Binance, Bybit, KuCoin, OKX, and more Binance, Coinbase Pro, Bitfinex, and more Binance, KuCoin, Coinbase, and more Binance, Coinbase, Gate.io, and more Limited to brokers offering crypto CFDs
Automated Trading Yes

(Using copy trading bots and strategy marketplace)

Yes Yes

(Smart trading automation)

No Yes, with Expert Advisors (EAs)
TradingView Powered Yes Yes Yes No No
Unique Features Best copy trading bot

White-label asset management

Real-time alerts

TradingView Autotrading

Automated signals

Smart Trade features Real-time alerts

ladder orders

Risk mitigation tips Algorithmic trading

Extensive technical indicators

Trustpilot Score
(Out of 5)
4.6 3.9 4.6 4.8 1.3
Accessibility Web-based terminal Web-based terminal

Mobile app

Web-based terminal

Mobile app

Web-based terminal

Mobile app

Web-based terminal

Desktop app

Mobile app

Free Trial Free plan for testing Yes (3 days) Yes (14 days) Yes (30 days) Free

Finestel

Finestel is a comprehensive crypto trading and asset management software developer company. We offer our users an on-demand range of advanced features and services. For instance, one of the key highlights of Finestel is its seamless integration with top crypto exchanges. The list includes Binance, Bybit, and KuCoin, and more. So, there is no shortcoming in terms of accessibility.

Finestel’s Binance crypto copy trading terminal is our on-demand platform. It basically allows you to connect your Binance accounts and execute trades directly from your Finestel terminal. This integration grants you access to Binance’s massive liquidity, as well as Finestel’s order execution capabilities.

Finestel: The best crypto trading terminal

Speaking of order execution, Finestel’s copy trading terminal can replicate orders at lightning speed, with over a thousand orders copied in one second. The order replication process is also extremely accurate and reliable. All these features ensure the minimum slippage and execution error possible.

Yet, Finestel’s crypto trading terminal is not all it has to offer. The platform’s copy trading bot, automated trading strategies, and above all, white-label tools, make it an attractive solution for portfolio managers and asset managers. They can scale their operations and offer their services to a wider client base.

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Features of the Finestel Crypto Trading Terminal

Finestel’s products offer a wide range of features, catering to traders of all levels. Here is a quick overview:

  • Seamless Integration with Binance: Finestel provides a top-notch trading platform for crypto trading that easily integrates with Binance. As a result, traders can connect their Binance accounts and execute trades from Finestel’s dashboard. Orders are copied with maximum precision and minimal latency. Pair Binance’s massive liquidity with Finestel’s advanced solutions, and you’ll have a winning formula.
  • Advanced Trading Features: Finestel’s Binance trading terminal offers professional traders and asset managers a wide range of advanced features. These include automated trading strategies, portfolio management tools, and performance analytics. Our solutions can cater to both individual traders and crypto asset management businesses.
  • Copy Trading Bot: Finestel’s copy trading bot is a standout feature. You can distribute your trading strategies and portfolio management to a community of clients. With our cutting-edge copy trading software, scaling your assets under management has become easier than ever for crypto traders.
  • White-Label Solution: Finestel offers a white-label solution that you can use to customize the platform fully. Apply your own branding, integrations, and features that you like. Without doubt, it is an attractive option for pro traders looking to launch their own branded asset management business. Crypto community managers can also automate their billing features and use our CRM services to grow their audience.
  • AutoTrading on TradingView: Finestel’s autotrading on TradingView works by integrating TradingView’s advanced analysis tools and custom strategies with real-time order execution through webhook API. This innovative solution helps traders to design sophisticated systems. They can also leverage the best free indicators on TradingView, custom scripts, and risk management tools.

Finestel User Reviews

Finestel has received a significant amount of positive feedback from users on Trustpilot. They praise the platform’s user-friendly interface, excellent customer service, and advanced copy trading technology. Some users mentioned being “very happy” with Finestel’s trade copier and customer support, while others highlighted the platform’s cross-platform compatibility.

Overall, Finestel is a no-brainer for the number one place on our best crypto trading terminals list. The on-demand Binance crypto trading terminal can provide you with numerous advanced features. Additional benefits and tools like the white-label software and sophisticated portfolio management tools make our product a truly all-in-one crypto trading terminal. For more information about our services, check out this comprehensive Finestel review.

Finestel Pricing

Let’s have a look at Finestel’s pricing plans. Each plan is tailored for a certain group of users.

Plan Price  Exchange Accounts Features Rate Limit
(Per Account)
Free Free Up to 3 Portfolio tracker N/A
Starter $19/mo
($13.3/mo billed annually)
Up to 3 Copy trading, portfolio tracker 10 orders/min
Pro $49/mo
($34.1/mo billed annually)
Up to 10 Copy trading, portfolio tracker 10 orders/min
Business $199.mo
($139.1/m billed annually)
Time-limited offer
Up to 100 Portfolio tracker, dedicated support, white-label asset management solution 30 orders/min
Enterprise Plan Contact Sales Team Customizable Technical development, copy trading (bot + white-label), MLM software, portfolio tracker, dedicated servers on demand, dedicated support, trading algorithm development Customizable

3Commas

The 3Commas crypto trading terminal is another top trading platform. It is another exchange-connected platform that allows you to trade on multiple accounts at the same time. Almost all traders can use 3Commas due to its straightforward interface.

3Commas: One of the best trading terminals in India

Features of the 3Commas Crypto Trading Terminal

3Commas has a wide range of different features. Here are the most prominent ones that could boost your trading experience:

  • Automated Trading Bots: 3Commas provides a variety of automated trading bots. The Grid Bot, DCA Bot, and Options Bot are some examples. Users can execute automatic trades based on preset criteria.
  • Advanced Trading Tools: As a top crypto trading terminal, 3Commas offers advanced tools. The 3Commas’ smart trade, for instance, allows traders to set up complex stop-loss, take-profit, and trailing stop orders. Its portfolio management features are also very useful.
  • Supports Major Exchanges: The platform integrates with major cryptocurrency exchanges. These include Binance, Coinbase Pro, and Bitfinex. You can manage multiple exchange accounts from a single 3Commas dashboard.
  • Performance Analytics: The 3Commas trading terminal offers detailed performance analytics. You can track bot performance or your manual trading history. The resulting insights are valuable for refining your crypto trading strategies.
  • Customization and Strategy Options: You have the flexibility to customize trading strategies on 3Commas. You can also follow strategies created by other successful traders with 3Commas copy trading. Just make sure to choose traders whose trading style suits your preferences.

3Commas User Reviews

3Commas Trustpilot reviews mostly include positive experiences. Users highlight the platform’s reliability, innovative features, and customer support.

Notably, some users recommend 3Commas for significantly improving their trading performance. They’ve pointed out features like trailing stop-loss and take-profit orders. Other users have praised the automation options available on 3Commas.

Moreover, users appreciate the platform’s smart crypto trading terminal. The ability to follow expert traders’ portfolios is another valuable option for users. Integration with major exchanges and the intuitive user interface are also mentioned.

Overall, 3Commas has tons of positive feedback on Trustpilot for its robust features and simple interface. Its advanced tools and resources make it a preferred choice for traders, especially those seeking automation solutions.

3Commas Pricing

Here’s a table summarizing 3Commas’ pricing plans. You can carefully look at each plan’s features and choose what’s best for you.

Plan Price Active SmartTrades Signal Bots Grid Bots DCA Bots Active DCA Deals
Pro €37/mo
(€49/mo billed annually)
50 10 10 50 500
Expert €37/m
(€79 o billed annually)
Unlimited 50 50 250 2500
Custom Plan Contact Sales Team

Customizable

Altrady

Altrady is another powerful crypto trading platform designed. It aims to simplify and optimize the crypto trading experience. There are various of Altrady products, but our focus will be on its crypto trading terminal.

Altrady: Crypto Trading Terminal

Features of the Altrady Crypto Trading Terminal

Altrady’s features are mostly beneficial for professional crypto traders. Here’s a brief review of the crypto trading terminal’s features:

  • Multi-Exchange Trading: Similar to most crypto trading platforms, Altrady allows users to trade crypto across multiple exchanges from a single dashboard. This simplifies the trading process and increases accessibility.
  • Smart Trading Automation: The platform offers smart trading automation features. Top examples include trailing stop orders and multiple take-profit orders.
  • Portfolio Manager: Altrady’s portfolio manager is popular among crypto traders. Users can easily track and manage their assets across different exchanges. They’ll have a holistic view of all their crypto holdings.
  • Real-Time Alerts: Users also benefit from real-time Altrady alerts. These alerts keep them informed about significant market movements. Needless to say, this is an invaluable tool in the highly volatile crypto market.

Altrady User Reviews

Altrady also gets a lot of positive feedback from users on Trustpilot. They praise Altrady for its variety of trading features. For instance, ladder orders, smart orders, and bots are some favorites. Traders also love the platform’s accessibility and user-friendly interface.

Altrady’s support team is also lauded for their quick response and to-the-point assistance. They help users to have a seamless trading experience. Altrady’s automation tools are also mentioned in user reviews. It simplifies the trading process and eliminates human error.

Overall, Altrady’s set of features and straightforward approach are what users like the most. The support team’s performance also contributes to customer satisfaction.

Altrady Pricing

Here’s the table of Altrady’s pricing plans. The features of each plan are also included, so you can choose more easily.

Plan Price  Bots DCA Bots Active Alerts
Free Free 2 Signal or Grid bots Unlimited 50
Basic €24.95/mo
(€17.47/mo billed annually)
2 Signal or Grid bots Unlimited 50
Essential €44.95/mo
(€31.47/mo billed annually)
5 Signal or Grid bots Unlimited 350
Premium €79.95/mo
(€55.97/mo billed annually)
25 Signal or Grid bots Unlimited 1000

TabTrader

In the fourth place, there is TabTrader. While being less known than other nominees, TabTrader is a decent crypto trading terminal. The platform consolidates trading activities inside a single interface. A wide range of helpful features are also available on the terminal.

TabTrader: Dedicated Crypto Trading Terminal

Features of the TabTrader Crypto Trading Terminal

TabTrader’s features are mostly concentrated on improving your trading experience. Here are the primary ones:

  • Intuitive Trading Terminal: TabTrader has an intuitive trading terminal. So, even if you’re a beginner in crypto trading, you can quickly learn how to trade on TabTrader.
  • Advanced Tools: The platform offers various advanced tools, including charting functionality. TabTrader’s charts are dynamic and user-friendly. They are not TradingView-powered but offer similar functions with several indicators and tools.
  • Risk Mitigation Tips: TabTrader provides valuable insights on mitigating risks in crypto trading. These tips point out the importance of understanding exchange order types and risk management methods.

TabTrader User Reviews

TabTrader’s Trustpilot score and reviews reflect the platform’s reputation among users. The terminal’s Trustpilot scores may vary. Yet, TabTrader generally receives positive feedback.

Users mostly mention its beautiful interface, charting tools, and decent trading experience. They also appreciate the platform’s features and customer support. The ability to trade a wide range of cryptocurrencies on various exchanges is yet another positive.

Overall, TabTrader is recognized for its value proposition. It is becoming a popular choice for traders who are looking for a sleek crypto trading terminal.

TabTrader Pricing

Below is a table of pricing plans for the TabTrader crypto trading terminal. You can analyze the Free and Pro plans and their features.

Plan Price
(Billed Annually)
API Keys Alerts Indicators per Configuration Tickers per Watchlist Watchlists Configurations
Free Free 1 5 2 10 2 2
Pro $8.25/mo 25 1000 25 100 20 15

MetaTrader 4

MetaTrader 4 (MT4) is probably the most household name on this list, and the whole trading platforms industry. It has been widely used by traders across the world for the past decade. While it is not a crypto-dedicated trading terminal, most brokers that work with MT4 (or MT5) offer crypto CFDs.

MetaTrader4 Crypto Trading Terminal

Features of the MetaTrader4 Crypto Trading Terminal

As a household name in the trading terminals industry, MetaTrader4 has various features for all types of traders. Here are the most popular ones:

  • Advanced Analysis Tools: MT4 is not a beginner-friendly terminal by any means. Yet, the platform offers robust charting and analysis capabilities. Traders can choose from various chart types and timeframes and apply a wide range of technical indicators. Drawing tools are also available on the MT4 trading terminal.
  • Expert Advisors: MetaTrader 4’s Expert Advisors allow automated trading based on predefined strategies. They also help with risk management and position size calculation. The ability to add any EA of your choice is a great option for many pro traders.
  • Algorithmic Trading: One of MT4’s standout features is algorithmic trading. You can automate trading decisions and execute trades quickly and accurately. High-frequency trading is also possible on the MetaTrader 4 trading terminal.
  • Mobile Applications: MetaTrader 4 has mobile applications for iOS and Android devices. Therefore, you can access your accounts from anywhere. However, the apps lack many advanced features of the desktop version.

MetaTrader 4 User Reviews

MetaTrader 4 has earned a stellar reputation among traders worldwide. Thousands of online MT4 reviews and testimonials have been written over the years. So, there is no lack of information in this area.

Users praise the platform’s reliability and consistent upgrades. They also appreciate MT4’s advanced tools and algorithmic trading capabilities. It is a preferred choice for traders seeking a comprehensive and efficient trading platform.

Overall, the MetaTrader 4 trading terminal’s extensive technical analysis tools and the ability to add personalized tools and indicators have made it arguably the most popular option worldwide when it comes to choosing a trading terminal. Yet, all things considered, it clearly lacks the user-friendliness of other crypto trading terminals on the list. The fact that it is not exchange-connectible is another downside indeed.

MetaTrader 4 Pricing

As previously mentioned in the article, MetaTrader 4 trading terminal is free. Yet, to use the platform for real trading, you should connect in to your broker of choice’s server.

Conclusion

In this article, we have introduced what crypto trading terminals are, how they work, and how you can use them. We also provided some tips and factors on selecting what trading platform to use. In the final part of our article, we presented some of the best crypto trading terminals, including Finestel, 3Commas, and more.

The number one crypto trading terminal, Finestel, offers a wide range of tools and features. Whether you are an individual trader or an asset management business, Finestel’s Binance trading terminal is the best you can get. Add the copy trading bot and our white-label asset management software, and you will arguably get the best crypto trading platform available.

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My name is Edris, known on my socials as TradingRage. Being a forex and crypto day trader since 2018, and a prop firm funded trader for the last couple of years, it is needless to say that I'm in love with the financial markets. Moreover, I've been a technical and on-chain analyst for popular websites like CryptoQuant and CryptoPotato.com.

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