Zerodha Kite Vs NSE NOW Trading Platform Comparison

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.

NOW (NEAT on Web) is the flagship online trading platform offered by National Stock Exchange (NSE). NOW is a shared platform which is offered to the customer of many brokers. NSE exchange runs on a fully automated trading system named NEAT (National Exchange for Automated Trading).

• 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

• NOW is build and maintained by NSE.
• The servers are co-located in NSE datacenters which makes it fast.
• The RMS and OMS are the inbuilt part of NOW.
• Available for free of charge to brokers who are the member of NSE.
• NOW have 3 versions - installable trading terminal, trading website, and mobile trading app.
• NOW mobile app is available for Android as well as iOS phones.

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

NOW offers a wide range of functions which are critical for trading in the stock market. NOW Website and the Mobile app is designed for casual stock market investors. The trading terminal the powerful trading software for frequent traders. Here are some of the key features of NOW Trading Platform:

• Online trading through desktop, web and mobile app.
• Trade at multiple exchanges and across multiple trading segments.
• In-build OMS and RMS makes it faster.
• NOW trading platform is maintained by NSE. No installation is needed on broker side. No security issues on the broker side.
• A wide range of shortcut keys are available for frequent traders.
• Live quotes, stock analysis, historical data, reports etc are available.
• Custom stock alerts/notifications can be set up.
• Additional plug-ins are provided by NSE for specific needs.

• 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)

• Available for free for trading at NSE.
• Fast execution of orders. The servers are co-located with NSE Exchange.
• Trade at BSE, NSE, MCX, and NCDEX across all segments.

• 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.

• Most stockbrokers do not offer to trade at BSE and MCX through NOW.
• Advanced charting features are not available.
• Bracket order is not available.
• The user interface is not as intuitive as other trading platforms.