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Omnesys NEST Vs Sharekhan TradeTiger (TT) Trading Platform Comparison

Compare Trading Platform Omnesys NEST and Sharekhan TradeTiger (TT). Find similarities and differences between Omnesys NEST and Sharekhan TradeTiger (TT) Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Omnesys NEST and Sharekhan TradeTiger (TT).

Omnesys NEST Vs Sharekhan TradeTiger (TT)

  Omnesys NEST Sharekhan TradeTiger (TT)
Omnesys NEST Logo Sharekhan TradeTiger (TT) 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.

Sharekhan Trade Tiger is a powerful installable trading terminal offering advance online stock trading to retail customers. Launched in 2007, Trade Tiger offers a wide range of tools, data, charts and customization features. It is one of the most recommended trading platforms for active traders.

Platform Owner Thomson Reuters International Services Private Ltd Sharekhan BNP Paribas
Trading Segments Offered NSE, BSE, NSE FNO, Currency, MCX and NCDEX Commodity Equity, Equity F&O, Currency F&O, Commodities F&O
Products Offered CNC, MIS, NRML, BO, CO
Order Type Offered Limit, Market, SL, SL-M Market Orders, Limit, Market, SL, BO, CO, GTC, GTD, AMO
Supported Exchanges BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Brokers using this platform
Order Management System (OMS) Omnesys NEST OMS Sharekhan OMS
Risk Management System (RMA) Omnesys NEST RMS Sharekhan RMS
Trading Platform Enquiry Open Account Open Account

Omnesys NEST Vs Sharekhan TradeTiger (TT) Review

  Omnesys NEST Sharekhan TradeTiger (TT)
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 highlights of Trade Tiger trading platform are:

  • 90+ charts and 30+ indicator for advanced traders.
  • Open multiple charts in a single screen.
  • Stock scanner with simple filters to identify trade opportunities.
  • Ability to place bulk orders with a single click.
  • Option quotes with more than 30 trading strategies, portfolio greeks, pay-off charts and so on
  • Access to real-time research analysis and call on market trends.
  • Create a personalized experience at TradeTiger.
  • Free online training academy to educate users.
  • Dedicated support desk to resolve any issues related to Trade Tiger.
  • AmiBroker integration is available.
  • API integration with other software's is available.
  • A single platform to access multiple exchanges and segments.
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.    

Some of the important features of TradeTiger are as below:

  • Personalized Chart Toolbar
  • Trade from Charts
  • Bracket Order with Trailing Stop Loss
  • Pre-define Order quantity settings
  • My GTD Order
  • Add strategy using Portfolio management system
  • Trade from MS Excel
  • AmiBroker Trading Bridge
  • Ichimoku Indicator
  • Dynamic One Click filter
  • Stock Scanner
  • News and Events
  • API Integration
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.
  • Most advance trading software in India.
  • Very stable trading platform with rare downtime.
  • It has everything needed by an active trader.
  • Loaded with advanced trading features.
  • Get live news, research reports, and tips.
  • Support available for technical issues.
  • Initial hand holding is available through personal training.
Disadvantages
  • Slow in adopting new technology, especially in front-end of the application.
  • Longer turnaround time in incorporating new feature.
  • Sharekhan brokerage charges are high. Discount stock brokers like Zerodha charge 60% to 90% less brokerage.
  • Dedicated relationship manager may push you for trading.
  • Trade Tiger is now available for a Mac computer
  • It doesn't offer Mutual Fund investment.
  • Not transparent in terms of fees, brokerage, and AMC.

Omnesys NEST Vs Sharekhan TradeTiger (TT) Features

  Omnesys NEST Sharekhan TradeTiger (TT)
Installable Trading Terminal Yes Yes
Trading Website Yes No
Mobile Trading App Yes No
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

Omnesys NEST Vs Sharekhan TradeTiger (TT) Charts

  Omnesys NEST Sharekhan TradeTiger (TT)
Chart Types Supported 5 90
Chart Indicator 64 30
Place Orders from Chart No Yes

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