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HaasBot and HaasOnline Review 2024: Strategies & Pricing
Luis Clark
- URL: https://www.haasonline.com
- Year Founded: 2014
- Pricing: From $7 to $124.17 annually or from $9 to $149 monthly
- Free Trial: Yes (3-day free trial)
- Payment Options: Credit card (MasterCard, Visa, American Express, and Discover), debit card (MasterCard, Visa, American Express, and Discover), PayPal, and Bitcoin
- Supported Exchanges: Over 22 crypto exchanges (Bybit, Binance, Bitmex, Kucoin, Deribit, Kraken, Binance Futures, Kraken Futures, Bitfinex, Bitget, Binance US, Bitpanda Pro, Bitget, Bitstamp, CEX.io, Gemini, Huobi, HitBTC, Mandala, Ionomy, Okcoin, OKX, Poloniex, and Woox).
- Cloud Based: Yes
- Reported Profitability: Depends on Strategy in Use
- Customizable Strategies: Yes
- Scalping: Yes
- DCA: Yes
- Arbitrage Bot: Yes
HaasOnline Review: Our Opinion
HaasOnline trading bots offer a large selection of advanced trading bots that give users ample room for the customization of preset trading strategies.
It is also one of the most affordable crypto trading bots when compared to other similar services.
The HaasOnline platform also is the originator of HaasScript, which is arguably the most popular crypto scripting language.
That said, beyond its paper trading feature and no-coding crypto trading bot development, HaasOnline has a daunting interface that may discourage newbies.
In general, Haas Online is one of those automated crypto trading platforms that seems to offer everything but this may confuse new users as there are just too many options to choose from.
Intro/Company Overview About the BOT Creators
Founded in 2014, HaasOnline is led by Stephan de Haas (CEO), who has a background in software engineering. Other team leaders include Quintus (CTO), Josh Becker (CSO), Rustim Rhoda (Research and Development), and Raynaldo Rivera (CCO).
The company has over 709 subscriptions to its bots weekly and has facilitated more than 29.5 million orders since inception.
Subscribers have traded $2.5 billion in trade volume using HaasOnline advanced crypto trading bots.
Currently, there are over 35,000 crypto traders registered on the platform with more than 70,000 HaasBots (crypto trading bots) in use. Users have also run over 4 million backtests on HaasOnline.
Concerning its services offered, HaasOnline offers HaasScript, TradeServer Cloud (the ultimate forex charting software), and TradeServer Enterprise. It also has a productive bot coding workflow that enables users to code advanced crypto trade bots
It also supports a large number of cryptocurrency exchanges (over 22) that give users a broad range of the crypto market.
Popular features of the HaasOnline trading platform include automated trading, cryptocurrency market research tools, Backtesting and paper trading, HaasScript Editors for crypto trading bot development, and cryptocurrency exchange integrations.
Pros
- Good customer support
- Affordable pricing
- Large selection of supported exchanges
Cons
- Complex trading bot
- Drawn-out set-up steps
Unique Features
HaasScript
HaasScript is an advanced crypto scripting language, that helps you quickly develop custom bots & strategies, utilities, and technical indicators using HaasOnline’s massive library of prebuilt functions and editors.
HaasScript is combined with TradeServer to help you deploy candidate scripts 3 times faster than traditional programming.
The HaasScript language is easy to learn. It makes use of reusable functions known as commands. Also, the commands allow you to optimize the functionality of your script.
With HaasScript, you do not need to worry about how your scripts handle trade signals, logic, and other calculations. And with managed or unmanaged trading, you can control every aspect of your script.
HaasScript runs exclusively on HaasOnline products. You cannot run it on other platforms.
To test or deploy HaasScript, you need to have a HaasOnline account.
Unlike other platform languages, you cannot transpose scripts developed from other languages without converting them.
You can, however, extrapolate data and perform logic using signals generated from external sources like TradingView within your HaasScripts.
HaasOnline has a HaasScript community where traders can share scripts, like and comment on each other’s creations.
Outstanding contributors in the community earn a place in the HaasScript Hall of Fame.
Paper Trading and Backtesting
HaasOnline paper trading allows you to test your crypto trading strategies before executing them.
So, with the HaasOnline simulated trading engine, you can automatically trade currencies without risking capital.
The simulated trading engine has different variations which you can use to determine how your scripts will perform in live market conditions.
It allows you to gain deeper insight into your algo’s performance with risk factors like slippage and lets you make adjustments on the go.
HaasOnline paper trading also reduces unnecessary risk by using real-time and historical data to see how your strategies perform in previous market conditions.
It offers Concurrent Backtesting, which is lightning-fast backtesting that allows thousands of Concurrent Backtests of trading bots. This eliminates the need for manual testing.
HaasOnline supports various backtesting duration based on your subscription. The backtesting period ranges between 1 to 12 months or longer with TradeServer Enterprise.
TradeServer Enterprise
The TradeServer Enterprise is Haasonline’s non-intrusive on-premise solution that gives you granular control over all aspects of your trading operation.
TradeServer Enterprise gives users access to exclusive features like machine learning. It is also optimal even for the most demanding multi-exchange proprietary trading strategies.
TradeServer Enterprise has a market-making feature that allows you to add liquidity to stale order books. It eliminates the difficulty associated with entering and exiting positions because of illiquid order books.
There are no restrictions with TradeServer Enterprise, you can expand your trade operation without any limitation.
The absence of trade volume restrictions, active exchange limits, and hiding trading fees & commissions allows you to do all you want. You can create third-party applications with HaasAPI and also add support for customer exchanges.
Asides from the elimination of any restrictions, TradeServer Enterprise also lets you stay out of the Cloud and keep your trade activities away from prying eyes, and third-party tracking.
Your exchange API keys are encrypted and stored locally without withdrawal permissions.
HaasOnline TradeServer Enterprise is an on-premises automated trading software that runs as native applications on Windows, MacOS, and Linux operating systems.
You can maximize uptime, security, and reliability by pairing it with Linux or Windows server systems.
While TradeServer Enterprise does not require many resources, it needs to have at least a 64-bit quad-core machine to be able to handle price updates quickly.
Supported Crypto Exchanges
HaasOnline supports 24 crypto exchanges.
Integrated crypto exchanges include Binance, Bybit, BitMEX, Deribit, KuCoin, Kraken, Kraken Futures, Binance Futures, Bitfinex, Bitget, Binance US, Bitpanda Pro, Bitstamp, Bittrex, CEX.IO, Gemini, Ionomy, HitBTC, Huobi, Mandala, OkCoin, OKX, WooX, and Poloniex.
Trading Strategies
HaasOnline features over 12 preset strategies including the following:
Crypto Trading Accumulation Strategy
This HaasBots crypto trading strategy takes advantage of cryptocurrency market fluctuations to slowly grow your crypto portfolio over time.
The technique enables the trading bot to leverage dips in the trading market to purchase digital assets at lower prices while cutting down the impact of short-term volatility on your portfolio.
Advanced Crypto Index Strategy
HaasBots using this strategy allow you to gain exposure to a broad range of crypto assets without needing to research and manage specific cryptocurrencies.
The goal of the strategy is to simplify your investment and decrease the risk associated with investing in one digital asset.
Grid Trading Bot
The crypto grid strategy bot often referred to as a flash crash trading bot sets pre-orders over and below a particular base price.
The HaasBot places buy orders at predefined price points that fall under the set base price. In addition, sell orders are placed above the same base price.
After a buy order has been executed, the base price will move down and a sell order will be put on the old base price.
The same is done after a sell order has been completed. This allows you to take advantage of price fluctuations to capture profits as the market moves up and down within the set grid.
Inter-Exchange Arbitrage
This crypto trading strategy takes advantage of price discrepancies between different cryptocurrency exchanges.
The strategy works by the HaasBot purchasing a digital asset at a lower price on one cryptocurrency exchange and selling it at a higher price on another.
This strategy allows the subscriber to earn profits while reducing exposure to cryptocurrency market volatility.
The arbitrage bot monitors multiple crypto exchanges simultaneously and identifies price discrepancies in real-time.
Immediately it discovers an opportunity, the bot executes the required to buy or sell orders across the relevant crypto exchanges.
This strategy is best for professional traders who want to eliminate slow manual reaction times and have to constantly monitor exchanges for monitoring.
Market-Making Bot
This strategy works by the HaasBots creating 2 limit orders at a predetermined percentage away from the present price.
After both orders are executed, the trading bot will again create 2 orders, however, a larger spread will result in fewer trades.
The strategy is capable of bringing in consistent profits as it enables you to earn from the spreads even during sideways markets.
Scalper Bot
The crypto scalping strategy is an intraday trading strategy that involves the execution of many short-term trades to profit on small price movements.
This provides subscribers with the potential for consistent profits.
The strategy is particularly useful during periods of slow market volatility when other strategies aren’t delivering substantial returns.
Trading Signals
This strategy uses crypto trading signals, which are trade recommendations or ideas generated by several technical indicators, professional traders, and technical analysis.
These provided crypto trading signals act as a guide for opening or closing positions. This ensures you make better-informed market decisions in the volatile crypto market.
The Trading Signals bot is a replacement for the old email alerts bot on the HaasOnline platform.
With the signals bot, you can use registered external signals to send buy or sell signals from HaasScript or an external source like TradingView to HaasScript.
Customizable Strategies
The HaasOnline crypto trading software allows you to develop custom bots using its preset trading strategies or develop completely new trading bots using HaasScript, a productive bot coding workflow that enables subscribers to code advanced crypto trading bots without having to know how to code.
You can also use external technical indicators to create trading signals which can be exported to other platforms or used on the HaasOnline cryptocurrency trading platform.
Plans and Pricing
HaasOnline offers 4 pricing plans which are charged differently depending on if you are paying annually or monthly. HaasOnline also has a 3-day free trial.
Lite Plan
This plan costs $9 per month if you’re paying monthly and $7.50 if you’re paying annually. It features 3 crypto trade bots, 15 open trades per bot, 3 customizable dashboards, 1-month Backtesting, and all exchange integrations.
Standard Plan
The Standard Plan costs $49 per month if you’re paying monthly and $40 if you’re paying annually. It features 10 trade bots, 6-month Backtesting, 25 open orders per bot, manual trading, HaasLabs, Market Intelligence, 10 customizable dashboards, and Export settings.
Pro Plan
The Pro plan costs $99 if you’re paying monthly and $82.50 if you’re paying annually. It features 25 trading bots, 50 open orders per bot, 12-month Backtesting, 25 customizable dashboards, and a signal manager.
Enterprise Plan
This pricing plan costs $149 per month if you’re paying monthly. If you’re paying annually, it costs $124.17. It features everything in the Pro Plan and is the most powerful HaasOnline crypto trading software. It is self-managed on a locally hosted TradeServer.
Payment Methods
HaasOnline supports 4 payment methods: Credit card and debit card (MasterCard, Visa, Discover, and American Express), PayPal, and Bitcoin.
Opening a HaasOnline Account
To open a HaasBots account go to https://www.haasonline.com.
Next, Tap the menu button and choose your preferred pricing plan.
Enter your first and last name as well as other required details such as your country of residence, email address, etc.
Select your preferred payment method.
Pay the subscription fee using the selected payment method.
Click the green Subscribe button.
Setting Up HaasOnline Trading Bot with Exchange
To set up your bot with a supported exchange (Binance in this case), you need to log in to your Binance account.
Next, click on API Management then Create API Key.
Enter a name for your API Key
Tap on Next
Go through the security verification for the API Key creation.
After your API key is created tap on Edit restrictions.
Click the box beside Enable Spot & Margin Trading and/or Enable Futures
Only Enable Futures if you intend to trade USDT and/or COIN Futures.
Next, select IP restrictions and enter the IP addresses from the HaasOnline Binance Guide: 174.138.14.240, 188.166.18.214, 167.99.214.114, 178.62.217.140, and 167.99.42.183.
Tap on Save
You’ll see a pop-up that shows Edit API Success
Login to your TradeServer Cloud
Once you’re done, HaasOnline trading bots will be able to execute trades using your Binance account.
Trading Experience/Using HaasOnline Bot
HaasOnline offers a complex trading experience that’s best for intermediate and professional traders. For beginners, it presents a steep learning curve and they may find it hard to deploy trading bots.
There are no one-click solutions for exchange connections, which require up to 9 steps to complete.
Security
HaasOnline boasts a robust and secure enterprise framework, complemented by multiple safety protocols, safeguarding users’ confidential information against unauthorized exposure, usage, and intrusion.
All your private data is stored behind personal encryption keys that cannot be accessed by anyone including the HaasBot team.
You can only log in to your account with your email and password. And you can view, edit, and delete your personal information at any time. HaasBot does not allow you to change your username.
TradeServer Enterprise includes a firewall that is integrated into the system.
The firewall operates automatically and requires no manual intervention.
It can impose temporary or permanent bans when necessary.
Also, as TradeServer Enterprise operates, integrity checks are conducted to ensure that only official binaries are used. During these checks, the files of the TradeServer Enterprise are scrutinized.
The Enterprise also creates a daily backup of its database for security reasons. This backup can be imported again if needed.
Asides from password protection, you can also secure your bot account with two-factor authentication.
Customer Service
HaasOnline offers customer support via email at support@haasonline.com. You can also submit a support ticket or ask for help on the Discord channel.
HaasOnline users rate their customer support as fast and reliable on client review platforms.
Does HaasOnline Platform offer Education?
Yes, HaasOnline offers an education center that covers automated crypto trading topics and general blockchain knowledge. It also has a Docs center with how-to guides and information about different aspects of HaasOnline like complex automated trading algorithms, AI stock trading tools etc.
HaasOnline Review: Final Thoughts
HaasOnline is a complex trading bot service targeted at advanced traders. Beginners will find its interface daunting and trading difficult when compared to other options.
However, it is one of the most affordable bot solutions available.
HaasOnline offers a myriad of features, but it’s essential to see the bigger picture. Dive into our Botsfolio Analysis for a different angle and compare the best in the business on our Best Trading Bots page.
FAQ
Most frequent questions and answers
Automated trading systems like HaasOnline are as profitable as the strategy used and the knowledge of the trader on when to exit or enter a trade (parameters set).
HaasOnline trading platform is a trading bot service that allows you to automate your trades on over 22 supported exchanges.
A crypto scalper bot is a code script that allows traders to profit automatedly and consistently off small price movements in the market.
The price of a bot depends on the platform offering the bot. For HaasOnline, the minimum subscription cost for access to numerous trading bots is $7.50.
We always try to provide the most accurate information available, and make sure our team follow through.
If you want to know more about our Crypto Exchanges Review Methodology follow the link below
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