SMC IOB Online Trading Platform – Review, Benefits, Top Features, Set-up & more
Last Updated Date: Dec 01, 2022For all investors who have grown a strong acquaintance with Indian Overseas Bank are familiar with its influential contribution to the banking sector. But, somehow it took a leap with its outstanding negotiation with the trading destination SMC.
Together they built the SMC IOB Online Trading Platform. Needless the web trading platform is devised to offer digital support to the traders as a whole who aspires to trade through this platform.
No matter at which corner of India you are you can literally pick all the information related to the service from the respective IOB branches. Thus, today will highlight few important nuances about the SMC IOB Trading Platform.
SMC IOB Trading Platform Review & Ratings by Top10StockBroker
| SMC IOB Trading Platform Ratings | |
| Criteria | Ratings |
| Processes | 6.5/10 |
| Usability | 6.4/10 |
| Features | 6.2/10 |
| Speed | 6.1/10 |
| Performance | 6.3/10 |
| Overall Ratings | 6.4/10 |
| Star Ratings | ★★★★★ |
About SMC IOB Online Trading Platform
SMC is definitely a way more ahead in comparison to its other contenders as it took a diligent initiative in collaborating with the fat cat of the banking industry like the Indian Overseas Bank.
Indeed it is a historic moment as they decided to amalgamate with the bank to offer high-end online trading facilities to the Indian overseas users all over India.
Talking about the underlined specialty of the Indian Overseas Bank it has made a singular identity in the regions of South India with its outstanding outreach of technology and enhanced the digital solution.
In this regard, it is vital to get straight to the overpowering qualities of SMC IOB Online Trading platform and which is the 3 in 1 account facility. Now, this is a 3 in 1 account includes the IOB Demat account, savings account as well as an online trading account.
The best news is that all of these accounts are interconnected by means of a centralized portal hence traders can handle it very conveniently.
Get Free Access to SMC IOB Online Trading platform – Open Demat Account Now!
SMC IOB Trading Platform – Top Features
The SMC IOB Online Trading Platform has few sought after requisites which no doubt make the platform excel in the competitive and volatile trading arena.
Trade-in any segment
The best feature is that here you can trade in any desired segment like equity, derivative, commodities or the currency on the single platform only.
Handle portfolio
For a trader to outnumber others in the field it is necessary to have detail know-how about his position in the market. And on that note the SMC IOB online trading allows the trader to track the portfolio in detail.
3 in 1 account
This facility has certainly made the IOB get a good ranking in the list because all of the three accounts that means the IOB Demat, online trading and the savings are interlinked via a single link.
Advisory support
A trader needs constant advice regarding the status of the shares in the market. And SMC IOB takes the charge of filling in the details with the help of their knowledgeable and qualified advisory team.
The best is that they do conduct proper research on the market as well so that the traders stay updated all the time.
Helpful customer care
Traders might have a doubt regarding how to use the platform in that case the customers may call the customer care team who are specially trained to resolve queries regarding that.
Call and trade service
It is not always that the traders have to sit in front of the computer to conduct the trade rather they can do so by directly dialing the numbers by doing so they can place the order as well.
Reduced expense
One more highlighted attribute is that it charges the brokerage amount which is quite less compared to all other trading platforms.
Real-time quote
Definitely, traders get a wonderful opportunity with the online trading platform because here the traders get the chance to get live quote streaming updates.
Know everything about other Stock Broker Trading Platforms
How to Set-up SMC IOB Web Trading Platform?
In order to activate the SMC IOB Web Trading Platform, you can follow the rest of the steps mentioned below:
- First you have to be on the site https://www.smctradeonline.com/iob-online-trading/iob-online-trading.
- Then you can contact the toll-free number which is 1800-11-0909.
- Else you can even contact at the address contact@smcindiaonline.com.
- At the most you can visit the closest branch of the same as well for further discussion o the service.
How to Own SMC IOB Trading platform?
Owning the SMC IOB Trading Platform is definitely not a hard nut to crack. You just have to open a demat account with IOB & then you are done:
- Click on the “Open Demat Account” button available below.
- You will see a pop-up form, fill up the form & click on submit
- You will receive a call from IOB or SMC Executive, they will guide you for online account opening process
- Now, keep your documents handy like Aadhaar, PAN & Cancelled Cheque for EKYC
- Once your EKYC is done, you will receive your client ID & password within 1 working day
You can use the same ID & password to access SMC IOB Online Trading Platform.
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Advantages of SMC IOB Web Trading Platform
The vital benefits of the SMC IOB Web Trading Platform are the following stated in bullets:
- The first advantage is that traders can keep a constant watch on several stocks on one screen only.
- In order to execute the trading faster, you can use the specially designed hotkeys.
- Traders can get the sight of the market watch which can be customized fully.
- In addition to that, traders will also get the information on the intraday charting.
- For any kind of assistance, traders are facilitated with back-office support offered online.
- In order to notify the traders on the latest news alerts are offered through SMS.
- The best advantage is that the traders can easily transfer the fund from several bank accounts online. In addition to that, it can invest in mutual funds and the IPO online only.
- Traders are inboxed on a routine basis regarding the latest information and news on the market along with the reports conducted on the research as well.
SMC IOB Online Trading Platform – Conclusion
The SMC IOB Trading platform is a desirable platform for traders who can opt to use the same from any corners of India.
The basic privilege that has been highlighted before is the facility of the 3 in 1 account which so far has leveraged the trader an easy-going trading service.
In addition to that, it has made the traders invest in shares by transferring the money in real-time. Definitely you can avail the call and trade facility which again saves time and eases the burden of knocking the branch door.
Thus, today traders feel so accomplished as a trader with the introduction of a user-friendly trading platform.
Get Free Access to SMC IOB Online Trading Platform – Open Demat Account Now!
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