Sharekhan TradeTiger (TT) Vs Zerodha Kite Trading Platform Comparison
Sharekhan TradeTiger (TT) Vs Zerodha Kite
Compare Trading Platform Sharekhan TradeTiger (TT) and Zerodha Kite. Find similarities and differences between Sharekhan TradeTiger (TT) and Zerodha Kite Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Sharekhan TradeTiger (TT) and Zerodha Kite.
Sharekhan TradeTiger (TT)
Zerodha Kite
About Trading Platform
Sharekhan Trade Tiger is a powerful installable trading terminal offering advance online stock trading to retail customers. Launched in 2007, Trade Tiger offers a wide range of tools, data, charts and customization features. It is one of the most recommended trading platforms for active traders.
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.
Platform Owner
Sharekhan BNP Paribas
Zerodha
Trading Segments Offered
Equity, Equity F&O, Currency F&O, Commodities F&O
NSE Cash, BSE Cash, NSE F&O, BSE F&O, CDS, MCX
Products Offered
CNC, MIS, NRML, BO, CO
Order Type Offered
Market Orders, Limit, Market, SL, BO, CO, GTC, GTD, AMO
Key highlights of Trade Tiger trading platform are:
90+ charts and 30+ indicator for advanced traders.
Open multiple charts in a single screen.
Stock scanner with simple filters to identify trade opportunities.
Ability to place bulk orders with a single click.
Option quotes with more than 30 trading strategies, portfolio greeks, pay-off charts and so on
Access to real-time research analysis and call on market trends.
Create a personalized experience at TradeTiger.
Free online training academy to educate users.
Dedicated support desk to resolve any issues related to Trade Tiger.
AmiBroker integration is available.
API integration with other software's is available.
A single platform to access multiple exchanges and segments.
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.
Features
Some of the important features of TradeTiger are as below:
Personalized Chart Toolbar
Trade from Charts
Bracket Order with Trailing Stop Loss
Pre-define Order quantity settings
My GTD Order
Add strategy using Portfolio management system
Trade from MS Excel
AmiBroker Trading Bridge
Ichimoku Indicator
Dynamic One Click filter
Stock Scanner
News and Events
API Integration
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.
Floating Order Window, Exit multiple orders/positions in one click, Multiple chart view (4 charts on the same screen).
Order Types: Brackets Orders, Cover orders, GTT Orders, After Market Orders.
Apply Mainboard and SME IPO Using BHIM UPI.
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
Advanced charting: Includes hundreds of indicators, studies, and tools on a customisable charting interface
Multilingual trading (trade in 11 regional languages).
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.
Invest in National Pension Scheme (NPS), Government Securities and SIPs
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.
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.
Advantages
Most advance trading software in India.
Very stable trading platform with rare downtime.
It has everything needed by an active trader.
Loaded with advanced trading features.
Get live news, research reports, and tips.
Support available for technical issues.
Initial hand holding is available through personal training.
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)
Disadvantages
Sharekhan brokerage charges are high. Discount stock brokers like Zerodha charge 60% to 90% less brokerage.
Dedicated relationship manager may push you for trading.
Trade Tiger is now available for a Mac computer
It doesn't offer Mutual Fund investment.
Not transparent in terms of fees, brokerage, and AMC.
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.
Back-Office - The back office application facilitate trade analysis, managing funds in the trading account, managing portfolio, pledged holdings, P&L Statements, reports related to tax filings, end of day reports and historical data.
OMS – An Order Management System is a software program developed to execute market transactions in an efficient and cost-effective manner. Stockbroker uses OMS to manage orders received from customers.
RMS - The risk management system of Trading Platform. This core component manages various risk components while trading. This includes making sure that customer has enough margin available for open positions and take the required actions in case of short of capital.