Zerodha Kite Vs Omnesys NEST - Compare Trading Platform (2024)

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.

• 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.

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.

• 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.

• 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.