Royal Q vs Tafabot: An In-Depth Comparison of Two Popular Trading Bots
In the world of trading bots, Royal Q and Tafabot are two of the most popular choices. Both offer powerful tools to automate trades and maximize profits. However, there are significant differences between these two platforms that traders need to consider before choosing one.
Table of content
- Features
- Pricing
- User Interface and Mobile App
- Customer Support
- Customization and Strategy
- Market Coverage and Trading Pairs
- Technical Requirements
- Profit Sharing and Referral Programs
Features
Tafabot has a diverse set of trading bots such as Arbitrage, DCA, Grid, Martingale, Custom, Smart Invest, and NeuralNet bots. Additionally, users can take advantage of Tafabot's copy and mirror trading services to copy the trades of skilled traders. Notably, Tafabot recently released a NeuralNet bot that uses deep learning to evaluate market trends and conduct profitable trades.
Royal Q, on the other hand, offers a quantitative bot with customizable trading styles and a martingale strategy. While both bots offer different features, Tafabot offers a more extensive set of features.
Pricing
Tafabot offers three pricing plans – Starter, Advanced, and Pro – to fit your needs and budget. The Starter plan costs just $100 per year and includes maximum total trading capital is $3000, 3 exchange API connections at a time, all templated bots available, copy/paste other traders bots available.
The Advanced plan, priced at $500 annually, offers maximum total trading capital is $25000, 5 exchange API connections at a time, all templated bots available, copy/paste other traders bots available, custom bot creation available , ability to become a published trader.
Finally, The Pro plan includes maximum total trading capital is $100,000, unlimited Exchange API connections at a time, all templated bots available, copy/paste other traders bots available, custom bot creation available, ability to become a published trader, and costs $1000 per year.
Royal Q, on the other hand, has a single plan that costs $120 per year. While it is cheaper than Tafabot's Starter plan, it offers limited features and customization options.
User Interface and Mobile App
Both Tafabot and Royal Q have user-friendly interfaces and mobile apps for easy navigation and trading. However, Tafabot's app provides an excellent user experience with a customizable dashboard that grants users access to trading bots, copy trading features, and other functionalities.
Customer Support
Tafabot offers customer support via the app, Telegram, and email, with relatively fast response times. On the other hand, Royal Q has no dedicated customer support, and users have to rely on their upline or referrals for assistance.
Customization and Strategy
Tafabot offers a wide range of bots and trading styles, including different trading bots options like Smart Invest, Martingale bot, and NeuralNet bot, which Royal Q does not offer. Royal Q, on the other hand, has customizable trading styles, although it is limited to the martingale strategy.
Market Coverage and Trading Pairs
Tafabot covers a broader market and trading pairs, including futures and spot markets, while Royal Q is limited to the spot market and only a few selected cryptocurrencies paired against USDT.
Technical Requirements
Royal Q is easy to understand and use, making it suitable for beginners with low-level technical requirements. Tafabot has trading options that suit experienced trades but also offer hand-free trading bots like Smart Invest and NeuralNet bot where no technical background is needed which is best for beginners.
Profit Sharing and Referral Programs
Royal Q has a robust referral program that allows users to earn as much as they can. On the other hand, Tafabot shares 50% of its revenue with users through 5 different earning systems. It's worth checking them out.
In conclusion, while Royal Q may be a cost-effective option for beginners with small portfolios, Tafabot offers more extensive features, market coverage, and customization options suitable for experienced and beginner .Ultimately, choosing the right trading bot depends on your trading needs, experience and goal.
Happy trading!
