NSE NOW Vs Finvasia ScalperT Options Trading Platform Comparison
Compare Trading Platform NSE NOW and Finvasia ScalperT. Find similarities and differences between NSE NOW and Finvasia ScalperT Trading Softwares. Find the most powerful trading platform. Find which trading software is better among NSE NOW and Finvasia ScalperT.
NSE NOW Vs Finvasia ScalperT
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NSE NOW |
Finvasia ScalperT |
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About Trading Platform |
NSE NOW is an installable trading platform owned by NSE. It facilitates trading in multiple segments across multiple exchanges in addition to allowing traders to invest in IPOs and Mutual Funds. The platform is known for its speed and comprehensive set of features. It is a licensed platform used by over 100 brokers in the country. |
ScalperT is an in-house developed web and mobile-based trading platform. Launched in 2017, the platform can be accessed across browser and is available for Android users on mobile. |
Platform Owner
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National Stock Exchange of India Ltd. |
Finvasia Securities Private Limited |
Trading Segments Offered
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Equities, Currency and Derivatives |
Stocks, Commodity, Currency, Derivatives |
Products Offered
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EXE version, WEB version, Mobile version, NOW Touch |
ScalperT Web, ScalperT Mobile App |
Order Type Offered
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Market, Limit, Stoploss, StopLoss (Market), Basket, Spread, After Market Orders |
Normal, MIS, Stop Limit, Market, Limit, Stop, Cover, Bracket Order |
Supported Exchanges
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NSE, BSE |
BSE, NSE, MCX |
Brokers using this platform
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Order Management System (OMS)
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NOW (in-built) |
Omnesys OMS |
Risk Management System (RMA)
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NOW (in-built) |
Omnesys RMS |
Trading Platform Review
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NSE NOW |
Finvasia ScalperT |
Product Highlights
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NOW trading platform is licensed to over 100 brokers and used by millions of traders. The platform is known for its top speed and reliable execution. Some of the major highlights of the platform are-
- Exhaustive Administration features
- A robust risk management system
- high speed and reliability
- Day-wise and net- wise reports.
- Advanced graphs and charts.
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Major highlights of the trading platform are-
- Developed in-house leveraging Omnesys APIs, OMS, and RMS
- Available as a browser-based platform and a mobile app on Android.
- Facilitates trade at BSE, NSE, and MCX.
- Integrated with the demat account
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Key Features
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Source:Asthatrade.com
NSE NOW trading platform is perfect for all types of traders. Here are some of the major features-
- Single platform to trade hassle free across all asset classes (Equities, Derivatives, Currencies, Commodities, Offer for Sale).
- Fastest order execution
- Real-time streaming quotes and market data
- Facilitates Portfolio and Holdings Tracking
- Market watch Groups creation
- More than 15 charts with 80+ technical indicators
- Fund Transfer and Monitoring Margin utilization.
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Source: Finvasia
Some of the key features of the trading platform are-
- Trade Stocks, F&O, Currency and Commodities
- Historical Data with multiple time period options
- Real-time charts with 40 indicators
- Real-time update on your portfolio, positions, and PnL
- Custom market watch list
- Directly trade from Charts
- Various order types: Normal, MIS, Stop Limit, Market,
- View your trading positions (Day and Net)
- Online fund transfer from over 30 banks
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Advantages |
- Fast and reliable trading platform
- Licensed by over 100 brokers
- Comprehensive set of features
- Robust risk management system
- Access to suite of data feed products of NSE
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- Free trading software
- Zero brokerage and fees on trades
- No Clearing charges when trading on NSE
- Free Call & Trade services
- Built using Omnesys APIs, OMS and RMS system
- Facility to buy and sell IPO and Bonds
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Disadvantages |
- Average User Interface
- Requires good processing power to run
- Brokers are charged usage charges which most pass it on to customers
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- BTST (Buy-Today-Sell-Tomorrow) feature is not available.
- Scanners are not available.
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Features of Trading Platform
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NSE NOW |
Finvasia ScalperT |
Installable Trading Terminal
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Trading Website
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Mobile Trading App
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API Access
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Offered by Multiple Brokers
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Equity Trading
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Currency F&O Trading
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Commodity Trading
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Online IPO Application
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Online Mutual Funds
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Integrated Backoffice
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Charts Related Features
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NSE NOW |
Finvasia ScalperT |
Chart Types Supported
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15 |
12 |
Chart Indicator
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80 |
40 |
Place Orders from Chart
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Features of Trading Platform
Trading Platform Related Abbreviations / Definitions
- Back-Office - The back office application facilitate trade analysis, managing funds in the trading account, managing portfolio, pledged holdings, P&L Statements, reports related to tax filings, end of day reports and historical data.
- OMS – An Order Management System is a software program developed to execute market transactions in an efficient and cost-effective manner. Stockbroker uses OMS to manage orders received from customers.
- RMS - The risk management system of Trading Platform. This core component manages various risk components while trading. This includes making sure that customer has enough margin available for open positions and take the required actions in case of short of capital.
- Trading Product Types
- MIS - Margin Intraday Square-off
- CNC - Cash n Carry
- NRML - Normal F&O trades
- BO - Bracket Order
- CO - Cover Order
- AMO - After Market Order
- Order Types
- Market Order
- Limit Order
- SL Order - Stoploss or trigger
- SL-M Order - Stoploss Market
- Exchanges
- BSE - Bombay Stock Exchange
- NSE - National Stock Exchange
- MCX - Multi Commodity Exchange