Zerodha Kite Vs Omnesys NEST Trading Platform Comparison

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

Zerodha Kite Vs Omnesys NEST

  Zerodha Kite Omnesys NEST
Zerodha Kite Logo Omnesys NEST Logo
About Trading Platform

Zerodha Kite is the flagship trading platform offered by Zerodha, India's most popular stock broker. Kite platform has a website and mobile trading app which is developed in-house by Zerodha.

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.

Platform Owner Zerodha Thomson Reuters International Services Private Ltd
Trading Segments Offered NSE Cash, BSE Cash, NSE F&O, BSE F&O, CDS, MCX NSE, BSE, NSE FNO, Currency, MCX and NCDEX Commodity
Products Offered CNC, MIS, NRML, BO, CO CNC, MIS, NRML, BO, CO
Order Type Offered Limit, Market, SL, SL-M Limit, Market, SL, SL-M
Supported Exchanges BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Brokers using this platform
Order Management System (OMS) NEST Order Management Systems (OMS) by Omnesys Omnesys NEST OMS
Risk Management System (RMA) NEST Risk Management Services (RMS) by Omnesys Omnesys NEST RMS
Trading Platform Enquiry Open Account Open Account

Zerodha Kite Vs Omnesys NEST Review

  Zerodha Kite Omnesys NEST
Highlights
  • Powerful web and mobile trading application
  • Works well in low bandwidth
  • Charts offered from two providers; TradingView and ChartIQ.
  • Extensive charting with over 100 indicators and 6 chart types
  • Advanced order types like Brackets and cover
  • Build on top of Omnesys OMS and RMS

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.
Features

Kite is superior trading platform loaded with many features which are not provided by its competitor.  As Kite is under active development, Zerodha is bringing in 100's of new features every new version released. Here are few key features which make Kite a unique trading experience. 

  1. Dashboard / Account Summary
  2. Market Watches
  3. Streaming Quotes
  4. Browser Notifications
  5. Market Depth View with Streaming Updates
  6. Floating Order Window
  7. Exit multiple orders/positions in one click
  8. Multiple chart view (4 charts on the same screen)
  9. Trade from charts (place trades from popped out charts)
  10. Order Types: Regular, CO, BO, AMO

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.    
Advantages
  • Clean & intuitive UI
  • ₹0 brokerage for equity delivery and flat ₹20 for F&O trading.
  • Universal search for all contracts across all exchanges - NSE, BSE, MCX
  • Live Steaming quotes
  • Multiple marketwatch and live market depths
  • Advanced chart with 100+ indicators
  • Advance order types including AMO, BO (Bracket orders), CO (Cover orders)
  • 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.
Disadvantages
  • Not available as installable trading terminal.
  • Option to investing in IPO's online is not available.
  • Mutual Funds investment is not part of this platform.
  • Reporting is part of a seprate backoffice software.
  • Dependency on Omnesys OMS and RMS systems.
  • Slow in adopting new technology, especially in front-end of the application.
  • Longer turnaround time in incorporating new feature.

Zerodha Kite Vs Omnesys NEST Features

  Zerodha Kite Omnesys NEST
Installable Trading Terminal No Yes
Trading Website Yes Yes
Mobile Trading App Yes Yes
API Access Yes Yes
Offered by Multiple Brokers No Yes
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

Zerodha Kite Vs Omnesys NEST Charts

  Zerodha Kite Omnesys NEST
Chart Types Supported 6 5
Chart Indicator 100 64
Place Orders from Chart Yes 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







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