For me, design aspect of any product is of utmost importance. Since logo represents your business, it's mandatory to make it awesome.

I personally recommend making custom logos only, which should be made by professional. No automated tools or logo maker can do the real justice with logo.

However, if you really want to have one... may be for some low-cost clients, side projects or some personal work, I would highly recommend Mojomox.

After using dozens of other free and paid logo makers, I can proudly say that this is the most unique, well thought option for logo making.

The founder is responsive and feedback prone.

Overall, I recommend this for sure.