Zerodha Kite Vs Tradelab Pi Trading Platform Comparison

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.

Tradelab Pi is a front-end stock trading platform. It offers web, mobile and desktop-based trading applications for retail traders. Designed for beginners to advanced traders, these trading apps are simple yet very powerful in terms of speed of execution and rich features.

• 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

• Pi is designed, built and maintained by Tradelab Software Pvt Ltd.
• Pi is front-end trading software only. It uses Omnesys RMS and OMS which makes it secure and powerful.
• Pi is available as a mobile app, desktop trading terminal, and browser-based trading website.
• Pi's user interface is simple, fast and elegant.
• Pi is offered by multiple stock brokers including Zerodha, Aliceblue, Trustline, SASOnline, Adroit, Religare and MasterTrust.
• It supports multiple exchanges (NSE, BSE, and MCX) and segments (Equity, F&O, Currency, Commodity).
• Advance order types such as Bracket Order, Cover Orders and After Market Orders are available.
• 80+ Technical Indicators for Technical Analysis.
• 10 types of charts such as Candle, Bar, Heikin-Ashi, etc.

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

• Switch seamlessly between web, mobile and desktop.
• Get real-time market information about market indices, stocks and F&O contracts.
• Create customize market watch and see market depth with just one click.
• Trade across asset classes and stock exchanges (i.e. BSE, NSE and MCX) from the single trading platform.
• Trade using advance order types i.e. CO and BO.
• View reports including open positions, trade history and order history. Manage all your orders in one place.
• Analyse stocks using candle charts with various studies to analyze the market.
• Create custom alerts.
• The Pi Installable Trading Terminal has advanced features including
  • Advanced charting
  • Keyboard shortcuts
  • Strategy back-testing
  • Consensus report,
  • Multiple window cascading
  • Order from charts
  • Technical analysis with 80+ technical indicators
  • Free historic data for back testing.

• 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)

• Tradelab Pi is simple, fast and elegant trading software for online trading.
• It was built in 2015. Tradelab is adding many new features to it.
• Pi software uses low CPU resources and memory, allowing trade with desktop and laptop with basic configuration easily.
• It can work at a low internet bandwidth as well.

• 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.

• It's 3rd party software rented by stock brokers.