TabTrader’s Best Alternative

We know that TabTrader is one of your favorite mobile apps that provides Bitcoin and cryptocurrency traders with the possibility to add up to 22 different exchanges, has over 20,000 instruments, a variety of analytical tools, and a convenient interface. So far, so good – but let’s see if there have appeared any alternatives to this bijou over the past few years. Here’s what you’ll find in this article. First, we’ll take a look under the hood of the TabTrader app itself and then compare it to its competitor, GoodCrypto. Please enjoy this comprehensive Tabtrader review and comparison because this holy war is on.

TabTrader and the wide array of exchanges the application connects with.

What is TabTrader?

The company was founded in 2013 and registered in Amsterdam, The Netherlands. Having over one million installs in the app stores, they surely add some value to cryptocurrency and Bitcoin traders with one of their best features, charts, which have additional indicators available for PRO customers. The app’s UI looks very clean and well-made. But sadly enough, the most recent TabTrader reviews have been rather negative, and users are walking away from the service. Many of their integrated exchanges were not providing a lot of liquidity or were outdated, that’s why the company decided to reduce the number of supported exchanges, leaving only the best ones. Yet, TabTrader has an active customer service, they give feedback to every client review, an assistant in the live chat replies within 15 minutes, to boot.

TabTrader is available on mobile devices and on web app. Recently the company added trading functionality on the Tabtrader iOS version. Alerts, and portfolio tracking are also available at the app, but unfortunately news functionality isn’t. A TabTrad web version is also already launched and it should sync with the mobile application, at least that’s what TabTrader is claiming on the company’s blog. However, we found it difficult even to enable 2FA, that’s why we couldn’t verify it in practice.

TabTrader Application Review

The free version of the application has an immediate good impression because of the UI. Colors are smooth and don’t overwhelm users. 

Watchlists

When opening the application, users have a limited number of popular pairs in the watchlist including some from an obscure exchange marked as ‘featured’. The second watchlist is promotional and includes cryptos and CFDs for traditional market instruments like stocks and precious metals. Since this feature is available only in paid version users are looking for TabTrader alternatives. In the TabTrader app an overview of the crypto market is missing.

GoodCrypto, on the other hand, has a list of currencies listed by market cap. When using TabTrader, you have to add every market individually and organize them in several different ways, but adding the whole top 100 would take a significant amount of time. The free version of the app is limited to 10 instruments in the watchlist and to increase the limit to 100, users need to get the paid version. This does not provide a lot of possibilities for traders to discover trending currencies in the market.

In GoodCrypto you can add every trading pair individually and check out all the stats on every of 36 supported exchanges absolutely free. Also, the GoodCrypto team is planning to add watchlists, where users can save the desired markets in the near future. With no limits. For free.

Charts

Although the chart looks pretty and works well, it leaves a lot of space unused. When placing an order, traders get linked to a separate screen and lose track of their chart, which can be confusing. But in general, charts have a lot of tools attached to them, both amateurs and professionals should enjoy all the indicators available. 23 more advanced indicators are available in the paid version of the app. Also, the order books and trade history are provided each on a separate page.

Compared to its competitor, GoodCrypto combines charts, order books, and trade options – all on one page. Traders can place orders while keeping a close eye on the chart, the order books, and track trading history (picture below).

Accounts

TabTrader connects to users’ exchange accounts via API keys. The process is not very smooth, since TabTrader only supports QR codes manually created on their website and copy/paste of the 40-digit API keys on mobile is a pain in the neck. The BitMEX API key didn’t seem to work at all while testing the application. However, you can manage your balances and trade immediately in the app once you are connected. Users have access to each of their exchange account’s information separately. TabTrader also shows markets individually.

Having that in mind, the GoodCrypto team has placed an overview of their assets and balances on one page.

Good Crypto provides an overview of all the accounts and wallets connected. In-depth trading history and transactions are also provided together with a full overview.

GoodCrypto provides an organized overview of the pairs showing prices of, for example, BTC/USD over the whole crypto landscape. Traders can choose the exchange with the most optimal price for the trade they want to make.

Trading Functionality

Variety of order types and the example of configured Stop Loss and Take Profit Combo order with displaying it on the chart in GoodCrypto app

Although many 3rd party platforms enhance trading possibilities, TabTrader only provides the order types which are native to an exchange. GoodCrypto goes beyond, and offers Market, Limit, Stop Limit, Stop Market, Trailing Stop, and Trailing Stop Limit, Trailing Stop Loss, Trailing Take profit as well as connected Take Profit and Stop Loss combos to any initial order. Besides, traders can set up alerts for executed orders.Even more significant is the fact that TabTrader freezes the balance of your portfolio when placing an order. This does not happen in GoodCrypto’s application, which creates a system of flexibility when trading. Risk management is in place with this approach, and profits will more likely be made. As we mentioned above, traders can program or connect orders in Good Crypto. For example, a buy order is executed, and in turn, a take profit and stop-loss orders are placed, but not before the initial buy order has been executed.

Both TabTrader and GoodCrypto do not ask for any commission or extra fee when executing an order. The fees you pay are the fees the exchange charges. Both applications support derivatives and margin trading.

TabTrader became popular several years ago because it was one of the earliest applications to import and show executed exchange orders on charts. This feature comes in handy if you are running a bot on an exchange or some other kind of automated trading algorithm or make a lot of manual trades.

GoodCrypto also released this feature.

Executed orders by GoodCrypto bot on the chart 

Alerts

TabTrader has a limited alerting functionality: it gives you an alert when reaching your selected price, but doesn’t send a signal if your order has been filled.

GoodCrypto will notify you when orders are filled successfully, providing traders with the real information they need. Also GoodCrypto released an update with notifications based on the technical indicators – the TradingView webhooks (along with renewed charts). This is a game-changer since there are hardly any applications on the market which provide this feature.

GoodCrypto gives traders an incredible advantage by providing notifications when exchanges open a new market. In most cases, the notification comes before an official announcement. They can do this by parsing exchange domains. Finding currencies with a lot of hype and riding the profitable train will become very easy.

Paid version

The free version of TabTrader includes advertisements. The CEO admitted that this is the main source of income for the company. However, many users are bothered by these advertisements and stopped using the app for this very reason. TabTrader PRO removes advertisements, provides 23 more indicators, longer watchlists and unlimited alerts.

TabTrader’s PRO version is priced at $11.99/month or $120/year. GoodCrypto is available for $14.99/month or $99.99/year while providing more features. We will address it in detail later on.

Markets and Trading

GoodCrypto gives users the option to choose between a light or dark interface. Users immediately land in the GoodCrypto app by seeing an overview of every currency in the crypto-universe. Finding the most winning or most losing currencies is easily done, and performances can be organized per day, week, month, or year. A separate and selection-based watchlist will filter out all the noise.

Trading with GoodCrypto is convenient since you can create your orders while tracking the live chart simultaneously. Exploring a market like USD/BTC, users get to see every exchange that offers the pair you are trading. On the screenshot, you can see that Binance has a higher price, which makes it more ideal for selling but not for buying Bitcoin, for example.

On top of that, every pair or coin that exists with, for example, Bitcoin, is listed in tabs, when tapped there’s a list of exchanges that offers this pair. EUR, WETH, GBP, TRX,… every pair that has a market is shown. Finding markets is very convenient this way, definitely an insight that can create trading opportunities.

GoodCrypto offers 36 exchanges to connect with, and instant trading is possible in the same interface. Performance is aggregated and collected in the portfolio and wallet section.

Just like TabTrader, GoodCrypto has a fully functional iOS application, Android app and a web version. The free version of the application has everything you need to get started: professional trading tools with basic orders, an advanced overview of the market and all the available pairs, the possibility to find trending currencies, API connections to all the exchanges provided, an-in depth portfolio overview and even the possibility to connect your blockchain wallets. The developers at GoodCrypto seem to never sleep. The team keeps adding new exchanges to their list and they are working on DEX trading. The developers will soon provide a whole new charting experience with more indicators and customizations. GoodCrypto can be found on Telegram, you can talk to the team directly, and will listen to any feedback or opinions you have to share!

GoodCrypto users can both trade and track performance at the following exchanges: Binance, BinanceUS, Bitfinex, Bithumb, Bitmex, Bitstamp, Bittrex, Blockchain.com, Bybit, Cex.io, Coinbase Pro, Crypto.com, Exmo, GateIO, Gemini, HitBTC, Huobi Global, Indodax, Kraken, KuCoin, Kuna, Phemex OKX, Poloniex, and 12 other popular spot and futures exchanges.

And decentralized exchanges are coming very soon with DyDx as the first one.

Tab Trader vs Good Crypto Side-by-side Comparison

Conclusion

That being said, TabTrader has been around for 10+ years now. It was founded and registered in Amsterdam, The Netherlands and is now available only on mobile devices. Recently, the team added trading functionality to the Tabtrader iOS version, along with alerts and portfolio tracking features.

Compared to The Netherlands-based app, GoodCrypto offers much more value propositions in both Freemium and PRO versions. Also, trading via GoodCrypto is seamless and hassle-free.The app sends a variety of smart crypto alerts, including alerts on sudden price changes, top altcoins vs BTC price changes, top DeFi coins price changes, market and portfolio summary 1-24 times per day, etc. Furthermore, users can trade with Smart Technical Analysis Signals – Buy/Sell or Strong Buy/Strong Sell, based on 15 Moving Averages and 10 Oscillators.

The ability to trade instantly, with a chart on the very same page, is also an advantage that GoodCrypto users have while trading. More importantly, the funds don’t get frozen, and orders can be placed infinitely.

This contrasts with TabTrader that freezes balances and only executes exchange-native orders, while GoodCrypto offers a variety of advanced order types such as Market, Limit, Stop Limit, Stop Market, Trailing Stop, Trailing Stop Limit, Trailing Stop Loss, Trailing Take profit as well asTake Profit and Stop Loss combos.

Moreover, GoodCrypto offers cutting-edge trading bots for every market situation. Grid, DCA and Infinity Trailing bots operate 24/7 and generate profit on traders behalf, making trading routine hassle-free experience. On top of that, TradingView webhooks are already available at GoodCrypto app, allowing traders to trigger any order or bot based on technical signals.

When it comes to long-term holdings, investors can have an overview of funds stored in their private blockchain wallets and exchanges in GoodCrypto, but in TabTrader, the funds on exchanges are presented separately.

GoodCrypto is available for both Android and iOS. The advanced, PRO version is available for only $14.99/month or $99.99/year. Lifetime access is offered for $399.00.

Ultimately, the choice between the two apps may depend on individual preferences and specific trading needs. However, for those looking for a comprehensive cryptocurrency trading solution with a fair price, GoodCrypto emerges as a strong contender in the market. With a wide range of advanced features and trading tools, GoodCrypto offers a seamless and hassle-free trading experience.