Omnesys NEST Vs Fyers One Trading Platform Comparison

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.

Launched in May 2016, Fyers One is an installable trading terminal for online trading. It offers trading across multiple segments including commodity, equity cash, F&O, and currency derivatives. With advanced charting features, market scanners, technical indicators, and customizable workspace, it is a platform designed for professional traders.

Traditional Brokers

• Karvy Stock Broking Ltd.
• Bonanza Portfolio Ltd

Discount Brokers

• Zerodha (Zerodha Trader)
• Trade Smart Online
• SASOnline
• Finvasia (INFINI-TRADER)
• SAMCO
• Tradejini

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.

Highlights of the Fyers One Trading Terminal are mentioned below:

• In-house built trading platform.
• The trading platform built on active feedback from customers.
• Trading charts powered by Tradingview
• Advanced charting with more than 65 technical indicators
• In-built Live Scanner & Trend Scanner
• 10+ workspaces
• Multi-time frame charts
• F&O Analysis tool available
• EOD reports
• Range of shortcut keys are available

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.    

• Advanced charting providing intraday data and historical EOD data.
• Inbuilt stock screeners to find real-time opportunities.
• 65+ technical indicators to provide 3-dimension analysis.
• Charts with multiple time frame options to spot indices.
• Stock screeners to analyse a trend, view intraday moments, etc.
• Market Meter to gauge stocks responsible for the market up/down.
• F&O Analysis for the informed traders to make trading decision speedily.
• 10+ different types of workspaces.

• 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 charting
• Advanced EOD reports of up to 10+ years.
• Stock screeners to filter, track and research stocks.
• 65+ technical indicators for advanced charting.

• Slow in adopting new technology, especially in front-end of the application.
• Longer turnaround time in incorporating new feature.

• Fyers One is not available for Mac iOS users.
• Requires high system requirements to run smoothly.