Detailed Guide on Using IDEXonline: From Registration to Trading & API

Guide on Using IDEXonline

By TransPacific Software Pvt. Ltd

IDEXonline is a premier diamond trading platform renowned for its extensive inventory, market reports, and analytics. This guide provides a comprehensive overview of IDEXonline, detailing the registration process, trading features, subscription costs, API integration, and the types of diamonds offered.

1. Registration

Step-by-Step Registration Process

  1. Visit the IDEXonline Website
    Visit the IDEXonline Website
  2. Sign Up: Click on the "Register" or "Sign Up" button typically found at the top right corner of the homepage.
    Register
  3. Enter Business Information: Fill in your business details, including company name, address, and contact information.
  4. Create an Account: Provide your email address and create a strong password.
  5. Verification: You will receive a verification email. Click on the verification link to activate your account.
  6. Profile Completion: Log in and complete your profile by adding more details about your business and personal information to enhance credibility.
    Profile Completion

2. Subscription Costs

IDEXonline offers various subscription plans designed to cater to different business needs. Here are the typical tiers:

IDEX has a yearly subscription which is divided into two types as below:

  1. IDEX Trading floor
  2. IDEX Onsite

Above two types have included complimentary subscription to IDEX Research with no additional cost.

1. IDEX Trading floor

  • a) IDEX Direct: Free access to the IDEX Diamond Search, the ability to bid on and buy polished diamonds online using the IDEX Global Buying and Consolidation Services.
  • b) IDEX Premium: $500 per year
    Access to the IDEX diamond trading network, including diamond search, bidding and buying online directly from suppliers, real prices, search and post buy requests, and more.
  • c) IDEX Pro: $840 per year
    All features of IDEX Premium, with the added option for inventory upload where you can upload your inventory.

2. IDEX Onsite

  • a) IDEX Onsite Yearly Subscriptions: $1250 per year
    Choose your diamonds, define your markups and start selling diamonds online!
    IDEX Onsite - Embedded Diamond Inventory and Search Engine: $1250

3. Using IDEXonline

Browsing and Searching for Diamonds

  1. Login: Log in to your IDEXonline account.
  2. Dashboard: You will be taken to your dashboard where you can see recent activities and updates.
  3. Search Bar: Use the search bar at the top to find specific diamonds. You can search by various criteria such as carat, color, clarity, and cut.
  4. Filters: Apply filters to narrow down your search. Filters include price range, certification, diamond shape, and more.
    Apply filters
  5. Results: Browse through the search results. Each listing provides detailed information about the diamond, including price, quality, and supplier details.
    Apply filters Results

Viewing Diamond Details

  1. Select a Diamond: Click on a diamond listing to view more details.
  2. Detailed Information: On the diamond detail page, you will find information on carat, color, clarity, cut, and certification.
    Detailed Information
  3. Supplier Information: View details about the supplier, including their rating and reviews.
  4. Images and Videos: Examine high-quality images and videos of the diamond to assess its quality.

Adding to Cart and Checkout

  1. Add to Cart: If you decide to purchase a diamond, click the "Add to Cart" button.
  2. Review Cart: Go to your cart to review the items you have added. You can adjust quantities or remove items if needed.
    Review Cart
  3. Checkout: Proceed to checkout where you will enter shipping information and select a payment method.
  4. Payment: Complete the payment process using one of the available payment options, such as credit card or bank transfer.
  5. Order Confirmation: Once the payment is processed, you will receive an order confirmation email with the details of your purchase.

Managing Orders

  1. Order History: Access your order history from the dashboard to view past orders.
    Order History
  2. Tracking: Track the status of your orders in real-time. You will receive updates on shipping and delivery.

4. API for Third-Party Integration

IDEXonline offers an API that allows businesses to integrate their systems with the IDEXonline platform. This is particularly useful for larger businesses looking to automate processes and enhance their trading capabilities.

API for Third-Party Integration

API has two sections

  1. API feed setup
  2. API integration

API feed setup

User has to set up diamond feed for both natural and lab diamonds.

From My Account -> IDEX onsite -> Customize Inventories

From My Account

After feed set up you have to setup markup for your diamond feed.

setup markup processes

API Integration

Once API feed setup is done. You can integrate diamond feed into your website by the following methods.

  1. Embedded Diamond Search
  2. IDEX Onsite API
  3. Download CSV file
1. Embedded Diamond Search

You can integrate the IDEX diamond search engine and results pages into your website while keeping your company's branding and design.

To do this, make sure your IDEX Account Manager activates this feature for your account. Once activated, you'll receive a code to add to your website.

After activation, your IDEX Account Manager will provide a link to your IDEX Onsite back office. From there, you can configure various settings like payment gateways, graphics, currency, email settings, and more.

2. IDEX Onsite API

IDEX onsite API has two separate API endpoints for Natural diamonds and Lab diamonds.

1. Natural diamonds Fullfeed

2. Lab diamonds Fullfeed

  1. Natural diamonds Fullfeed
    • API endpoint: https://api.idexonline.com/onsite/api/fullfeed
    • Input Parameters: api_key, api_secret, file_format, data_format, create_zip_file
    • Data Formats: It has 4 types
      • format_20220525_basis
      • format_20220530_extended
      • format_20221026_extended
      • format_20230628_extended
    • Sample Request Extended 
       Endpoint: https://api.idexonline.com/onsite/api/fullfeed{ 
    "authentication_details":{ 
        "api_key":"HNNSSA1223311", 
        "api_secret":"DDccdaaedf123" 
    }, 
    "parameters":{ 
        "file_format": "csv", 
        "data_format": "format_20220530_extended", 
        "create_zip_file": true 
    } 
}
    • Sample Request Basis 
      
    Endpoint: https://api.idexonline.com/onsite/api/fullfeed{ 
    "authentication_details":{ 
        "api_key":"HNNSSA1223311", 
        "api_secret":"DDccdaaedf123" 
    }, 
    "parameters":{ 
        "file_format": "csv", 
        "data_format": "format_20220525_basis", 
        "create_zip_file": true 
    } 
}
      Refer below link : https://api.idexonline.com/Onsite/FullFeed
  2. Lab diamonds Fullfeed
    • API endpoint: https://api.idexonline.com/onsite/api/labgrownfullfile
    • Input Parameters: api_key, api_secret, data_format
    • Data Formats: It has only 1 type
      • format_lg_20221130
    • Sample Request 
       Endpoint: https://api.idexonline.com/onsite/api/labgrownfullfile{ 
    "authentication_details":{ 
        "api_key":"HNNSSA1223311", 
        "api_secret":"DDccdaaedf123" 
    }, 
    "parameters":{ 
        "data_format": "format_lg_20221130" 
    } 
}
    • Sample Response 
      
    In case of an exception, the error message will be displayed in this format, and the HTTP code will be 500. { 
    "result_info": { 
        "response_code": 32110, 
        "response_description": "A description of the exception." 
    } 
}
      Refer below link : https://api.idexonline.com/Onsite/LabGrownFullFile

Types of Diamonds Offered

IDEXonline provides a comprehensive range of diamonds, catering to various market needs and preferences. Here are the main types of diamonds available on the platform:

  1. Natural Diamonds: Sourced from mines around the world, natural diamonds are available in various shapes, sizes, and qualities. These diamonds come with certifications from reputable laboratories such as GIA, AGS, and IGI.
  2. Fancy Colored Diamonds: IDEXonline offers a selection of fancy colored diamonds in shades like yellow, pink, blue, and more. These diamonds are prized for their rarity and unique hues.
  3. Lab-Grown Diamonds: An increasing number of consumers are opting for lab-grown diamonds due to their ethical and environmental benefits. IDEXonline provides a range of certified lab-grown diamonds.

IDEXonline has one additional feature i.e. it has Pair natural diamonds. It is available only for natural diamonds. Which will be useful in earrings. In this, they will share a pair diamond SKU using which we can pick up the second diamond.

Comparison with Nivoda and RapNet

IDEXonline vs. Nivoda

  1. Ease of Use
    • IDEXonline: User-friendly with a focus on data and market analytics, making it suitable for traders who rely on detailed information.
    • Nivoda: Known for its intuitive interface, making it easy for both new and experienced users to navigate.
  2. Inventory
    • IDEXonline: Extensive inventory with a strong focus on market data and analytics.
    • Nivoda: Provides access to a vast inventory of diamonds with detailed listings and real-time data.
  3. Pricing and Subscription
    • IDEXonline: Offers competitive subscription plans with a focus on market reports and analytics.
    • Nivoda: Offers tiered subscription plans catering to different business sizes and needs.
  4. API Integration
    • IDEXonline:Provides robust API access, especially useful for integrating market data and analytics with trading systems.
    • Nivoda:Offers straightforward API integration for managing inventory, orders, and customer data.
  5. Support and Community
    • IDEXonline: Offers comprehensive support and resources, including market insights and reports.
    • Nivoda:Provides robust customer support with dedicated assistance for users.

IDEXonline vs. RapNet

  1. Ease of Use
    • IDEXonline: User-friendly with an emphasis on detailed market data.
    • RapNet: Offers a robust platform with extensive features but can be more complex.
  2. Inventory
    • IDEXonline: Focuses on both inventory and market data, providing a comprehensive trading experience.
    • RapNet: One of the largest inventories in the industry, offering a wide range of diamonds.
  3. Pricing and Subscription
    • IDEXonline: Pricing reflects its strong focus on market data and analytics.
    • RapNet: Higher pricing due to its extensive feature set and market presence.
  4. API Integration
    • IDEXonline: API access geared towards integrating market data and analytics.
    • RapNet: Provides API access with a broad range of data and features, but integration can be complex.
  5. Support and Community
    • IDEXonline: Offers extensive support resources, including market insights and detailed reports.
    • RapNet: Extensive support resources, including a large community of users and industry professionals.

Conclusion

IDEXonline is a leading platform for diamond trading, offering a comprehensive range of diamonds and detailed market analytics. By following this detailed guide, you can effectively utilize IDEXonline's platform from registration to trading, ensuring a smooth and efficient experience. Leveraging IDEXonline's API can further enhance your business operations through seamless integration with your existing systems.

When compared to Nivoda and RapNet, IDEXonline stands out for its focus on market data

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