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Omnesys NEST Vs Kotak KEAT Pro X Trading Platform Comparison

Compare Trading Platform Omnesys NEST and Kotak KEAT Pro X. Find similarities and differences between Omnesys NEST and Kotak KEAT Pro X Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Omnesys NEST and Kotak KEAT Pro X.

Omnesys NEST Vs Kotak KEAT Pro X

  Omnesys NEST Kotak KEAT Pro X
Omnesys NEST Logo Kotak KEAT Pro X 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.

Kotak KEAT Pro X is free desktop trading software (installable trading terminal) to trade across NSE, BSE and NSE currency markets. It provides a range of features to traders that gives you complete control over your investment portfolio, provides live streaming market data, access to research calls and charting tools to analyze your trades.

Platform Owner Thomson Reuters International Services Private Ltd Kotak Securities Limited
Trading Segments Offered NSE, BSE, NSE FNO, Currency, MCX and NCDEX Commodity

Equity, Derivatives, Currency, Mutual Fund, IPO, Corporate Bond, NCD

Products Offered CNC, MIS, NRML, BO, CO

NRML, CNC, MIS

Order Type Offered Limit, Market, SL, SL-M

Market Order, AMO, SL, GTC

Supported Exchanges BSE, NSE, MCX, NCDEX

NSE, BSE

Brokers using this platform
Order Management System (OMS) Omnesys NEST OMS
Risk Management System (RMA) Omnesys NEST RMS
Trading Platform Enquiry Open Account Open Account

Omnesys NEST Vs Kotak KEAT Pro X Review

  Omnesys NEST Kotak KEAT Pro X
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.

Key Features of Kotak KEAT Pro X are:

  • Kotak KEAT Pro X provides a single platform to access major exchanges (NSE, BSE and NSE currency) and segments (equities, currencies, and derivatives).
  • Create customized watchlists up to 100 scrips each. Create watchlists of scrips across exchanges.
  • Unique charting tool to make graphs and track past and future performance of the scrips.
  • Live quotes, data on top gainers/losers, most active scrips and more.
  • This platform provides complete control to traders/ investors on their portfolio with real-time information and reports.
  • Hotkeys for faster trading experience.
  • Users can customize the user interface as per their trading preferences.
  • It is available free of cost for customers having a trading account at Kotak Securities.
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.    

Kotak KEAT ProX key features:

  • Keep track on a minute by minute performance of the portfolio, get notifications on transaction made, check profit/loss status and view positions.
  • Create multiple watchlists and track your favourite scrips in real-time.
  • Get live updates and stock recommendations from Research analysts.
  • Use unique charting tools to track the past and future performance of the selected scrips.
  • Basket order option to place multiple orders.
  • Users can download different types of reports on order status, P&L, Open positions, ledger and capital gains etc.
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 trading software for high frequency traders.
  • 30+ technical indicator
  • 5 chart types
  • Customizable watchlist
  • Real-time market access
  • Facility to invest in IPO and Mutual Fund online
Disadvantages
  • Slow in adopting new technology, especially in front-end of the application.
  • Longer turnaround time in incorporating new feature.
  • KEAT Pro doesn't offer commodity trading services and API integration.

Omnesys NEST Vs Kotak KEAT Pro X Features

  Omnesys NEST Kotak KEAT Pro X
Installable Trading Terminal Yes Yes
Trading Website Yes Yes
Mobile Trading App Yes Yes
API Access Yes No
Offered by Multiple Brokers Yes No
Equity Trading Yes Yes
Currency F&O Trading Yes Yes
Commodity Trading Yes No
Online IPO Application No Yes
Online Mutual Funds No Yes
Integrated Backoffice No No

Omnesys NEST Vs Kotak KEAT Pro X Charts

  Omnesys NEST Kotak KEAT Pro X
Chart Types Supported 5 5
Chart Indicator 64 30
Place Orders from Chart No No

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