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Overview

2nd April, 2019 was an important day for SMC, for it entered into a strategic alliance with Federal Bank to offer Online Trading services, to Federal Bankcustomers pan India.

With the Federal Bank-SMC alliance in place, Federal Bankoffers a 3-in-1 Online Trading account comprising of Federal BankInternet Banking Enabled Savings account, Federal Bank& SMC Online trading account, wherein all three accounts would be integrated through one trading portal itself. This service would be available at designated Federal Bankbranches pan India. SMC, which provides Online Trading through its website www.smctradeonline.com, will partner Federal Bank for providing all technological support for Online Trading and research & advisory services to its clients.

About the Product

Federal Bank Online Trading is an offering by Federal Bank which has been made possible because of it joining hands with SMC. There would be a 3-in-1 account comprising of:-

All the three accounts have been integrated with one other to offer a hassle free and convenient trading experience to the customer. Client can Invest in shares by making real time fund transfer from his/her registered bank account using SMC Trading portal& in case the client’s selling shares from the demat account, the need to sign a dmat slip is omitted. Federal Bank’s 3-in-1 clients can invest into equities, derivatives & commodities trading. For equities & derivatives you have NSE, BSE & MSEI available.

Salient Features

  • 3-in-1 integrated account.
  • Option to link existing Federal Bank savings bank account and demat account
  • Trade in equity, derivatives, currency (on a single screen) & commodities
  • Real Time Streaming Quotes
  • Trade any time anywhere using Laptop, Mobile etc
  • Access To Back-office Reports
  • Portfolio Tracker
  • Call n Trade facility
  • Competitive brokerage & low cost of trading
  • Excellent Research & Advisory support
  • Dedicated customer care

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