Omnesys NEST Vs Zerodha Kite 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.

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.

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.

• Invest in stocks, bonds, ETFs, IPOs, government bonds, and gold bonds with zero brokerage fees.
• The Zerodha Kite platform offers powerful trading tools, including charting, analytics for futures and options, investment research, and backtesting.
• Zerodha Kite provides easy-to-read tax reports that can be used to file tax returns without hassle.
• Zerodha Kite portfolio tab gives Filtered and curated updates for the investments.
• Free access to products like Sensibull, Tijori, Streak, Quicko, and more.
• No gimmicks, spam, "gamification," or annoying push notifications.
• Trade futures and options (F&O) on the NSE and BSE, such as Nifty, Sensex, FinNifty, BankNifty, etc.
• Trade from charts and manage positions from the charting window.
• Commodities futures and options (F&O) contracts on MCX, such as Crude Oil and Gold.
• Currency futures and options (F&O) on Dollar (USDINR), Euro (EURINR), Yen (JPYINR) and Pound (GBPINR).
• Option Chain with real-time option prices, Implied Volatility (IV), IV percentile, Open Interest (OI) and OI change.
• Day’s high-low bar on the Kite app- The High-Low bar shows you where the share is trading compared to the high and low of the day
• Take a break from using Kill Switch, which instantly disables trading if you are overtrading and stressed.
• Virtual contract note to get a breakdown of brokerage costs and taxes for the day.

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.    

Kite is Zerodha’s trading platform, with many features that its competitors do not offer. Zerodha brings 100 new functions to the market with every new Kite platform version. Here are a few key new features from Zerodha that make Kite a unique trading experience. 

1. Dashboard, Market Watches Streaming Quotes, Browser Notifications Market Depth View with Streaming Updates
2. Floating Order Window, Exit multiple orders/positions in one click, Multiple chart view (4 charts on the same screen).
3. Order Types: Brackets Orders, Cover orders, GTT Orders, After Market Orders.
4. Apply Mainboard and SME IPO Using BHIM UPI.
5. Universal instrument search: (search more than 90,000 stocks and F&O contracts) Level 3 data: Includes exclusive access to level 3 data, or 20 market depth
6. Advanced charting: Includes hundreds of indicators, studies, and tools on a customisable charting interface
7. Multilingual trading (trade in 11 regional languages).
8. Quick Order WIndow on Kite- Buy and sell securities in just two clicks. Simply enter the amount you want to invest or the number of shares you want to buy.
9. Invest in National Pension Scheme (NPS), Government Securities and SIPs
10. Gift Nifty on Kite-Track the Gift Nifty on Kite by searching for it. It is a futures contract based on the Nifty 50 index and trades for 20 hours on the NSE International Exchange.
11. Zerodha Minor Account Opening-Zerodha now offers free online minor account opening, allowing parents to easily invest in stocks, mutual funds, and bonds for their kids' future.

• 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.

• 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)

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

• 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.