Zenbot vs Cryptohopper

API keys are the "keys" to access your trading exchange account with a 3rd party app. If an app has withdrawal permissions, it can theoretically steal your crypto. This bot does not need such permissions to work, thus it can lose money if not configured properly, but it can't steal your money.

Anyone can edit and tweak its trading algorithms and fine-tune them to their liking. You can even edit its code and fork your own product.

It has no fees because it's experimental (not meant to be run as-is) and geared towards coders.

Stops are automated orders to protect your capital (by selling or buying) if the market behaves unexpectedly. They let you leave with most of your capital if things don't go your way. Trailing profit stops protect your capital against market crashes while at the same time "letting the ball roll". They get activated by sudden drops of price, and their activation levels rise automatically with the price of the asset.

It is a mock operation mode that works on a simulated balance with the live market data.

Backtesting is basically running a set of rules on past market data and seeing how the bot would have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future.

Technical analysis is about interpreting the chart action in a way that allows a trader to single out statistically "high profit-low risk" trades.
Technical analysis based trading bots do not open trades based on a static matrix, instead they have some adaptability to changing market conditions.

They fully support some of the most common exchanges: GDAX, Poloniex, Kraken, Bittrex, Quadriga, Gemini, Bitfinex, CEX.IO and Bitstamp. There are also plans to add more exchanges to the supported list.

High-Frequency Trading is essentially the type of trading that commercial software trading platforms do. In layman terms, it is characterized by complicated algorithms working automatically to daytrade at super fast speed, a lot faster than the human brain can analyze.

Once you've tweaked your trading strategy to the max, you can lend your best template settings and technical strategies to other users, for profit.

API keys are the "keys" to access your trading exchange account with a 3rd party app. If an app has withdrawal permissions, it can theoretically steal your crypto. This bot does not need such permissions to work, thus it can lose money if not configured properly, but it can't steal your money.

The majority of paid bots cover their fees in BTC, meaning that when BTC goes up, you may end up paying well over $1000 per month in fees. This bot, however, charges its subscription plans in US Dollars, meaning you will always pay the same no matter the price of bitcoin.

You can add your custom strategies and tweak them to your liking.

It runs on the developer's cloud 24/7, so there are no updates required.

It is a mock operation mode that works on a simulated balance with the live market data to check if a specific strategy works for you. This bot lets you do this for free before you decide to upgrade to a paid subscription.

You can do "mirror trading", meaning you can subscribe to templates and bot settings made up by experts to maximize profits. This can potentially give you an edge even if you know very little about trading.

Shorting is leveraged trading to earn big profits in a bear market. Use this setting with caution as it's VERY risky. As risky as taking a loan in crypto for trading.

Technical analysis is a type of chart analysis meant to statistically identify "low risk, high profit" trades. The bot can be configured to use several technical indicators, meaning that it can adapt to changing market conditions using the rules of your choosing. It has several volatility indicators (such as Bollinger bands), trend indicators (such as MACD, SMA, EMA, KAMA), and volume and momentum oscillators (such as Stoch-RSI, RSI, etc.)

Backtesting is basically running a set of rules on past market data and see how would the bot have performed during that period. With good projection, an experienced trader can always find similar market conditions to the current ones in past data and then carry out that winning strategy on to the future.

Trailing stops are automated sell orders that protect your capital in the event of a market crash to give you peace of mind. They are trailing because they get automatically raised as the price of an asset grows.