There are currently only these two contenders for the top spot. Power Indiabulls was a close contender to be part of the top 3, but considering how disinterested the promoters are towards stock broking have left them out.
Resource Management
Memory usage : Pi uses 1/3rd of what TT does.
Memory usage
CPU usage: Pi is generally lesser than TT
CPU Usage
Bandwidth/Network Usage: usage of Pi is lesser than TT
Network usage
Marketwatch
Multiple Marketwatch: Trade tiger has an option to add multiple, on Pi the workaround is to use workspaces.
Tradetiger multiple marketwatch
Workspaces on Pi
Adding scrips: Easier to add scrips on Pi vs TT
Adding scrips on TT
Adding scrips on Pi
Charting
Intraday data: TT has it only for the last 30 days. On Pi you can pull upto 365 days and more (maximum of 20,000 candles).
Historical data: TT has 10 years whereas Pi has for 5 years.
Time frame settings: TT scores over Pi, you can switch from one time frame to other quite easily. New charts have to be opened in Pi.
Indicators: Pi has 80+, whereas TT has 16+. Pi has more indicators but currently missing crosshair function.
30 days intraday data on TT
upto 20,000 candles – 365 days or more of intraday data.
Trading from the chart: Great feature available only on Pi.
Trading from chart on Pi
Number of charts at one time:
TT: Maximum 5 charts
Pi: Maximum 13 charts
Maximum charts: 5 on TT
Maximum charts: 13
Option Calculator
TT has it whereas Pi doesn’t as of now.
Price alerts
Straight forward in TT, a little complex on Pi, you have to use expert advisor or scripted alerts. The huge advantage with Pi though is that the scripted alert/expert advisor can be used not just for price, but for any technical analysis based strategies. You can have multiple expert advisors searching and scouting for trading opportunities. You can also create consensus report using multiple EA’s.
Price alert
Scripted alert/expert advisor on Pi
Consensus report using multiple EA’s
Research calls and reports
Sharekhan has an active advisory desk, which gives out research reports which are accessible on TT.
Since Zerodha doesn't do any research, you can’t see any fundamental data on Pi.
Overall after using Pi for the last week alongside TT, I think Pi is definitely better even though it is missing on some essential elements like crosshair or multiple marketwatch tabs.
Resource Management
Memory usage : Pi uses 1/3rd of what TT does.
Memory usage
CPU usage: Pi is generally lesser than TT
Bandwidth/Network Usage: usage of Pi is lesser than TT
Marketwatch
Multiple Marketwatch: Trade tiger has an option to add multiple, on Pi the workaround is to use workspaces.
Adding scrips: Easier to add scrips on Pi vs TT
Charting
Intraday data: TT has it only for the last 30 days. On Pi you can pull upto 365 days and more (maximum of 20,000 candles).
Historical data: TT has 10 years whereas Pi has for 5 years.
Time frame settings: TT scores over Pi, you can switch from one time frame to other quite easily. New charts have to be opened in Pi.
Indicators: Pi has 80+, whereas TT has 16+. Pi has more indicators but currently missing crosshair function.
Trading from the chart: Great feature available only on Pi.
Number of charts at one time:
TT: Maximum 5 charts
Pi: Maximum 13 charts
Option Calculator
TT has it whereas Pi doesn’t as of now.
Price alerts
Straight forward in TT, a little complex on Pi, you have to use expert advisor or scripted alerts. The huge advantage with Pi though is that the scripted alert/expert advisor can be used not just for price, but for any technical analysis based strategies. You can have multiple expert advisors searching and scouting for trading opportunities. You can also create consensus report using multiple EA’s.
Research calls and reports
Sharekhan has an active advisory desk, which gives out research reports which are accessible on TT.
Since Zerodha doesn't do any research, you can’t see any fundamental data on Pi.
Overall after using Pi for the last week alongside TT, I think Pi is definitely better even though it is missing on some essential elements like crosshair or multiple marketwatch tabs.
We should not complicate the trading activity, make it as simple as possible. Do not focus on too much features, after it is the execution that makes or breaks a trader.
On the day of US results, Zerodha platform crashed. Unable to sign it, Market tanked more than 1000 points, whats the use of lot many features if you are not able to login?
This is not the first time Zerodha crashed, it happens multiple times, one of the Quora user who shared his view on Zerodha, he lost his money because of some technical error from Zerodha.
So better focus on uninterrupted service, I feel NOW platform provided few brokers is much better than any of these advanced applications. I have been trading for years, but I never faced any issues in executing my orders with NOW platform. I would suggest you to go for the broker, who supports NOW platform. Simple platform, it does what it suppose to do.
Source : Quora
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