Cryptoblizz

Cryptoblizz offers either a cloud-based service or self-hosted version. While not loaded with a ton of bells and whistles, it covers all the basics, and does it at a very reasonable price.

Pricing

This is where Cryptoblizz really stands out. There are only two prices, the cloud-based service is $195/year and the self-hosted version is $145/year. That equates to $12.08/month and $16.25/month respectively, making this one of the most affordable programs on the market. They do not offer a free trial, but there is a 7-day money back guarantee. Paypal, Credit or Debit Card and crypto are all accepted for payment.

Software Type

The cloud-based service is accessible from anywhere and from any device. There is no installation or maintenance necessary. While cloud-based systems are extremely convenient, there is a small trade-off in security as all billing and trade data are stored in the cloud. The self-hosted version is PHP/MySQL based and can be downloaded and hosted on the users computer. This set-up is a little more complicated as you would have to build a webserver. This could of course be done on a virtual machine or a VPS.

Exchange Interfaces

There are currently four major exchanges supported: Binance, Bittrex, Kraken and Poloniex. Of course, more exchanges will be added in the future.

Security

As with most trading bot services, the trading bots connect to your exchange via API and don’t have a withdrawal function. This means anyone accessing your Cryptoblizz account would not be able to access any funds. They would only have access to billing and trade data. If you use the self-hosted version, you remove this attack vector completely. Aside from cost, this is the primary advantage of self-hosting.

Backtesting

Any strategy can be backtested. You will find the backtesting feature under the “Algorithm” tab on the dashboard. You will be able to plug in all the relevant variables and view how your strategy would have performed. Historical data is available down to 1-minute candles. This should be considered a must have feature for any trading bot service.

Paper Trading

A paper trading function is another one of those must have features. This functionality gives a trader the opportunity to see how a strategy works in real-time. By putting your bot in simulation mode in Cryptoblizz, you can see how it performs using live data. There is no need to risk capital to determine if a strategy is viable or not.

Drag & Drop Bot Builder

Cryptoblizz does not have this feature. However, the interface is easy to use even for beginners.

Scripting Language

Everything is written in PHP. They will provide you with the code for one of their core bots and you can copy and edit it to whatever degree you need. This way you have complete control over every aspect of your trading bot.

Advanced Order Types

As this is primarily an auto trading bot platform and not a multi-exchange trading platform, there are no advanced order types as such. That being said, your bots can be customized to add any order type you wish to use.

Supports Leveraged Trading

They do not support margin/leverage trading.

Additional Features

-Notifications: email and phone notifications with internet enabled phones

  • Pricing
  • Software Type
  • Exchange Interfaces
  • Security
  • Backtesting
  • Paper Trading
  • Drag & Drop Bot Builder
  • Scripting Language
  • Advanced Order Types
  • Supports Leveraged Trading
2.8

Conclusion

This is a basic, no-frills auto trading bot service and it only supports four exchanges. If you need or want lots of features or other exchanges, you will need to look elsewhere. But, if what you want is a trading bot that has all the basic functionality, that is completely customizable, and you want it at a fantastic price, then Cryptoblizz is the answer.