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Omnesys NEST Vs Fyers One Trading Platform Comparison

Compare Trading Platform Omnesys NEST and Fyers One. Find similarities and differences between Omnesys NEST and Fyers One Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Omnesys NEST and Fyers One.

Omnesys NEST Vs Fyers One

  Omnesys NEST Fyers One
Omnesys NEST Logo Fyers One Logo
About Trading Platform

Omnesys NEST is a leading stock trading platform in India. Omnesys NEST also provides OMS and RMS for multi-asset. NEST provides trading tools, market data, exchange connectivity and other trading solutions to traditional stockbrokers, discount stock brokers, proprietary trading desks, and exchanges.

Launched in May 2016, Fyers One is an installable trading terminal for online trading. It offers trading across multiple segments including commodity, equity cash, F&O, and currency derivatives. With advanced charting features, market scanners, technical indicators, and customizable workspace, it is a platform designed for professional traders.

Platform Owner Thomson Reuters International Services Private Ltd Fyers securities
Trading Segments Offered NSE, BSE, NSE FNO, Currency, MCX and NCDEX Commodity Equities, Currency, Commodities and Derivatives
Products Offered CNC, MIS, NRML, BO, CO Regular, Cover Order, Bracket Order, AMO, Intraday, CNC, Margin
Order Type Offered Limit, Market, SL, SL-M Limit, Market, Stop Loss, Stop Loss Limit
Supported Exchanges BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Brokers using this platform
Order Management System (OMS) Omnesys NEST OMS Omnesys OMS
Risk Management System (RMA) Omnesys NEST RMS Omnesys RMS
Trading Platform Enquiry Open Instant Account with Fyers One

Omnesys NEST Vs Fyers One Review

  Omnesys NEST Fyers One
Highlights

NEST is used by over 200 traditional and discount stock brokers in India. NEST is stable, fast and powerful trading platform for trading at BSE, NSE, and MCX. Here are few key highlights of the Omnesys NEST:

  • Omnesys has experience in building fine products for India Stock Market.
  • Omnesys offers Managed Service for NEST. They take care of all the operational responsibilities of the trading platform. This includes hardware, software, exchange connectivity, client connectivity, backups and disaster recovery.
  • NEST has integrated OMS and RMS.
  • Offer API to brokers, developers, and Algo traders. The APIs are available in Java, COM, C++ and REST API.
  • The desktop trading terminal is among the most stable and powerful.
  • Advance Order Types like cover order and bracket orders are available.

Highlights of the Fyers One Trading Terminal are mentioned below:

  • In-house built trading platform.
  • The trading platform built on active feedback from customers.
  • Trading charts powered by Tradingview
  • Advanced charting with more than 65 technical indicators
  • In-built Live Scanner & Trend Scanner
  • 10+ workspaces
  • Multi-time frame charts
  • F&O Analysis tool available
  • EOD reports
  • Range of shortcut keys are available

 

Fyers One Screenshot

 

Features

Omnesys NEST has a range of products catering to the need of a seasonal investor to the frequent trader in India Stock Market. Other than the standard trading features, here are some of the key features of the NEST Trading Platform:

  • NEST offers online trading through it desktop, web and mobile trading apps.
  • NEST offers to trade at multiple exchanges in multiple segments.
  • Integrated OMS and RMS make it really fast, stable and reliable.
  • Omnesys offer managed services to install and maintain the infrastructure for this trading platform. This results in far less downtime.
  • NEST Trader offers an ability to manage shortcut keys.
  • NEST Trader offers 360-degree analysis of stocks using streaming data, advanced charts, and live news.
  • Alerts and trigger help to keep track of the stock.
  • NEST Trader Shortcut Manager helps the user to customize shortcuts.
  • NEST has many approved strategies for Algo Trading.
  • Various plug-ins are available for advanced users.    
  • Advanced charting providing intraday data and historical EOD data.
  • Inbuilt stock screeners to find real-time opportunities.
  • 65+ technical indicators to provide 3-dimension analysis.
  • Charts with multiple time frame options to spot indices.
  • Stock screeners to analyse a trend, view intraday moments, etc.
  • Market Meter to gauge stocks responsible for the market up/down.
  • F&O Analysis for the informed traders to make trading decision speedily.
  • 10+ different types of workspaces.
Advantages
  • Robust and stable trading platform.
  • Very well documentation is available in PDF and Videos.
  • Advanced charts and advance order types are available.
  • A range of preference settings available for users to customize the trading experience.
  • NEST is used by over 200 retail brokers in India.
  • Advance charting
  • Advanced EOD reports of up to 10+ years.
  • Stock screeners to filter, track and research stocks.
  • 65+ technical indicators for advanced charting.
Disadvantages
  • Slow in adopting new technology, especially in front-end of the application.
  • Longer turnaround time in incorporating new feature.
  • Fyers One is not available for Mac iOS users.
  • Requires high system requirements to run smoothly.
Broker Account Enquiry Open Instant Account with Fyers One

Omnesys NEST Vs Fyers One Features

  Omnesys NEST Fyers One
Installable Trading Terminal Yes Yes
Trading Website Yes Yes
Mobile Trading App Yes Yes
API Access Yes Yes
Offered by Multiple Brokers Yes No
Equity Trading Yes Yes
Currency F&O Trading Yes Yes
Commodity Trading Yes Yes
Online IPO Application No No
Online Mutual Funds No No
Integrated Backoffice No No
Open an Account Open Instant Account with Fyers One

Omnesys NEST Vs Fyers One Charts

  Omnesys NEST Fyers One
Chart Types Supported 5 4
Chart Indicator 64 65
Place Orders from Chart No Yes
Online Account Opening Open Instant Account with Fyers One

Trading Platform Definitions and Abbreviations

  • 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

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