Omnesys NEST Vs Tradelab Pi 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.

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.

Traditional Brokers

• Karvy Stock Broking Ltd.
• Bonanza Portfolio Ltd

Discount Brokers

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

• Discount Broker: Zerodha, Aliceblue, Trustline, SASOnline

• Full-service Brokers: Adroit, Religare, MasterTrust

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.

• 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.

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.    

• 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.

• 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.

• 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.

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

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