Paid DataFeed --- MANSHIRT Vs RTDSDATA

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This Comparison and Review we are taking on request of some of our readers who requested about it.

DATAFEEDs:-

For a day trader and Technical Trader a Good Charting Software with Good datafeed is important. Amibroker and Metastock are the most famous softwares used by Indian Traders for their Charting Needs. When it comes to professional and day to day trading then one needs accurate and Good datafeed.

There are many Free datafeeds that can be used with Amibroker and Metastock and other Popular Charting Software, but these Free Datafeeds fetches data from Free Services like Google Finance and Yahoo Finance. So when it comes to reliability they can not be relied upon as most of them are delayed by 5 to 15 minutes. And moreover there are no future or derivative data with them. So those who are really want good datafeed then they need to opt for Paid DataFeed Services.

The two most famous Paid affordable datafeeds in INDIA amongst Retail Traders are MANSHIRT and RTDSDATA. Both have their Pro’s and Cons we are comparing these two only for Traders to know what to choose as per their Need. We are only comparing here the direct Datafeeds given by them. (as Manshi Gives other Options like extracting data from Terminals like NestTrader, Now, Tradetiger, IIFL TT,etc..)

ManshiRT	RTDSDATA
ManshiRT Gives Directfeed with backfill of 1 min data.	RTDSDATA Gives backfill of 5 min data only.
Backfill Given for 2 months only.	Backfill given for 6 month data.
At a time only 150 Symbols Realtime data can be updated.	At a time all Symbols Realtime Data is Updated.
ManshiRT miss many tick data in Realtime also and in Backfill also so when we compare candles high low or days high low then they do not match with our Terminal.	RTDSdata Gives accurate data when checked with high and lows made at our trading terminal.
Backfill is Not Automatic at the Start Of the Day, we have to make it manually for our selected symbols.	RTDSDATA Makes Automatic backfill when Software Started.
Options DataFeed for Nifty is available	Options DataFeed is not available.
In Future Package Future Scrips are there and No Cash Scrips. Separately Cash Package have to bought.	Updates all Important Scrips of FUTURE and CASH around 300 at a time.

We have made this Comparisn by actually using these two Datafeeds.

Verdict:-

Those who need 1 min data then ManshiRT can be their Choice. And those who can work with datafeed with base interval of 5Min.  then RTDSDATA Can be good choice.

We Prefer RTDSDATA over ManshiRT … for 3 reasons

1. Data Accuracy.

2. Backfill for 6 months and Automatic Backfill.

3. All Symbols Updated at a time.

 

Any questions, Feedback, Your Experience is Welcome.

 

Disclaimer:-

We in no way associated with these datafeeds commercially … nor we don’t know their DATASOURCES. We have just compared them as a RETAIL TRADERS POINT OF view.

For Further Reading,

DATAFEED Review, DataFeeds, ManshiRT Review, Paid Datafeeds, RTDSDATA Review