Choose brokerage options to suit your requirements
|Feature||Full Service Brokerage||Discount Brokerage|
|Brokerage - Intraday||0.015-0.04%||Flat ₹15 per order|
|Brokerage - Delivery||0.15-0.40%||₹0 on Delivery|
|RM/Dealer||Dedicated RM||No Dedicated RM|
|Call & Trade||Free||₹20 per call or order|
|Demat & Trading AMC from 2nd yr||Demat ₹300 + GST (by IOB)||₹199 + GST (by SMC) & Demat ₹300 + GST (by IOB)|
|Local support||Nearest Branch/Franchise support||Not applicable|
|Leverage||T+2/T+5||Cash and Carry|
|Nex-Gen Mobile app||Yes||Yes|
|Advanced Charting Facility||Yes||Yes|
|Autotrender subscription||1st month free||No|
|START NOW||START NOW|
Groot is a new age technology driven trading platform with the goal of making trading easier and cheaper by breaking all barriers that traders and investors face in India in terms of cost, support, and technology.
With vast experience in financial markets and a strong understanding of growing customer needs. Groot by SMC empowers traders & investors by sharing its market expertise. New-age technology, zero brokerage advantages and excellent trading platform.
Groot is a next Generation Mobile Trading platform which helps you trade and analyse the Indian stock markets in real-time. Cutting edge charting tools and live market data make it one of the most advance trading apps in India.
Simply download and experience the trading app for free. Track and analyse your favorite stocks on-the-move. Open a demat account only when you feel like it!KEY FEATURES
3-in-1 account comprises of IOB Savings Bank account, IOB Demat account (both Internet enabled), & Online trading account with SMC Groot. All three are integrated & thus called 3-in-1 account.
If you are an existing client of IOB having IOB savings account and/or demat account then you all need to have is internet enabled for SB/demat account & online trading with SMC Groot.
Latest technology used ensures real time availability of funds & demat allocation. Thus, it provides you hassle free trading experience.
One of the important benefits of having 3-in-1 account is that no extra fund is blocked i.e. when you trade you don’t have to transfer fund actually to your trading account & fund would be released after deduction of net obligation amount.
With IOB online trading account, you can trade in different segments simultaneously and thus, providing you an opportunity to keep watch on different markets simultaneously.
For IOB online trading account holders, online IPO & online Mutual Fund account comes at no extra cost. You can apply for IPOs & Mutual Fund Schemes, from leading fund houses in India, from anywhere any time.
With IOB online trading account, you can have a close watch on market with the help of live streaming quotes. You can view real time price/market movements on your trading portal.
Buy Today Sell Tomorrow is a facility offered by IOB trading platform where you can sell shares before getting actual delivery of the same. In other words, client is allowed to sell their shares against their receivable position in same share/stock.
With IOB online trading account, you can have a close watch on market with the help of live streaming quotes. You can view real time price/market movements on your trading portal. Trade any time anywhere shows the convenience of putting trades any time without any geographical limits. You can place After Market Orders after closing of regular market hour.
All IOB online trading clients have facility to use Call-N-Trade services with Rs. 20 per Order. Thus, you can place orders on phone while you are on move.
IOB presents its clients with one of the most competitive brokerage rates & low cost of trading involved. Thus, you can rest assure that you are in safe hands & there are no hidden charges involved.
IOB online trading clients have access to SMC’s research reports, backed by sound in house research, & advisory support to make informed investment decisions.