Compare Trading Platform:

Zerodha Pi Vs Upstox Pro Options Trading Platform Comparison

Compare Trading Platform Zerodha Pi and Upstox Pro. Find similarities and differences between Zerodha Pi and Upstox Pro Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Zerodha Pi and Upstox Pro.

Zerodha Pi Vs Upstox Pro

  Zerodha Pi Upstox Pro
Zerodha Pi Logo Upstox Pro Logo
About Trading Platform

Zerodha's PI is a free, installable trading platform developed in-house. The platform features advanced charting, algos, strategies, and backtesting.

Upstox Pro is a free web-based trading platform that facilitates trading across Stocks, Futures and Options, and Currencies in NSE and BSE. The platform is developed using HTML5 technology and offers high speed and ease of use to traders.

Platform Owner What is this parameter? Zerodha RKSV Securities India Private Limited
Trading Segments Offered What is this parameter?

Stocks, Commodity, Currency, Derivatives

Equities, Currency and Derivatives

Products Offered What is this parameter?

Q, Quant

Pro Web, Pro Mobile, Algo Lab, Developer, Dartstock, Nest Trader, Fox Trader

Order Type Offered What is this parameter?

Limit, Market, StopLoss, StopLoss-Market, Bracket, Cover, After Market Orders

Limit, Market, StopLoss, StopLoss-Market, StopLoss-Limit, Cover, Bracket, After Market

Supported Exchanges What is this parameter?

BSE, NSE, MCX

NSE, BSE

Brokers using this platform What is this parameter?
Order Management System (OMS) What is this parameter?

Omnesys OMS

Omnesys NEST OMS

Risk Management System (RMA) What is this parameter?

Omnesys RMS

Omnesys NEST RMS

Trading Platform Review

  Zerodha Pi Upstox Pro
Product Highlights What is this parameter?

Zerodha's Pi offers many unique features to make trading fast and accurate. Some of the major highlights of the platform are-

  • Leverages advanced technologies like AI and neural networks etc., to offer powerful trading tools.
  • Loads of historical data for analysis and backtesting
  • Charting and pattern recognition helps in deeper analysis of stocks
  • Offers automated trading advice
  • Integration with 3rd party tools

Upstox is a powerful trading platform. Some of the major highlights of the platform are-

  • Used by over 100K+ traders
  • Built using HTML5 technology
  • Powerful and easy to use
  • Advanced charts with 100+technical indicators
  • Highly customizable as per trading needs
Key Features What is this parameter?

Zerodha's Pi offers a range of features suitable for beginner to advanced traders. Some of the major features are-

  • Single platform to trade in multiple segments and exchanges
  • Single platform for trading, charting and analyzing
  • Integrated OMS and RMS for fast and accurate trading.
  • 10 different types of charts, 80 built-in technical indicators and over 30 drawing tools for annotation.
  • One click direct trading from charts
  • Support for coding advanced strategies and backtesting
  • Supports pattern recognition scanner for technical analysis
  • Access to loads of historical data
Upstox Pro Features

Source: Upstox

Upstox pro is available in web and mobile version and offers fast trading experience to users. The platform offers a range of features to traders such as-

  • Universal search tool to search for desired stocks.
  • Single platform for trading in Stocks, Futures and Options, and Currencies
  • Powerful charting tools with over 100 technical indicators to apply
  • Charts of multiple intervals, types and drawing styles
  • Facility to trade directly from charts
  • Create unlimited price alerts and get instant updates
  • Create unlimited customized watchlists
  • Get real-time market feeds to be updated on your scrips
  • Get access to predefined watch-list of Nifty 50 and other indices
Advantages
  • Advanced charting with 10 different types of charts, 80 technical indicators and over 30 drawing tools.
  • Zerodha Pi uses works with basic desktop configuration.
  • Integrates with 3rd party platforms like Ninja Trader, Meta Trader and Ami Broker,
  • Good charting features
  • Good customization options
  • Frequent updates to the product
  • Fast trading experience
Disadvantages
  • Supports only Windows OS.
  • Some features need time to get acquainted to.
  • The platform doesn't allow direct investing in mutual funds.
  • It has limited features when compared to other platforms available in the market.
  • The user experience of the app is better than the web version.

Features of Trading Platform

  Zerodha Pi Upstox Pro
Installable Trading Terminal What is this parameter? Yes No
Trading Website What is this parameter? No Yes
Mobile Trading App What is this parameter? No Yes
API Access What is this parameter? No Yes
Offered by Multiple Brokers What is this parameter? No No
Equity Trading What is this parameter? Yes Yes
Currency F&O Trading What is this parameter? Yes Yes
Commodity Trading What is this parameter? Yes Yes
Online IPO Application What is this parameter? No No
Online Mutual Funds What is this parameter? No No
Integrated Backoffice What is this parameter? No No

Charts Related Features

  Zerodha Pi Upstox Pro
Chart Types Supported What is this parameter? 10 13
Chart Indicator What is this parameter? 80 100
Place Orders from Chart What is this parameter? Yes Yes

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







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App