Axis Direct vs Lemonn – Compare Charges, Trading Features, Offers & more

Find a Comparison of Axis Direct vs Lemonn here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Axis Direct and Lemonn.

Background

Year of Incorporation 2006 2020
Website https://simplehai.axisdirect.in/ https://lemonn.co.in/
Phone 022-40508080 +918035769929
Exchanges enabled BSE, NSE BSE, NSE
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.50% Free for 1 Month afterwards 0.5% on Intraday
Equity Futures 0.05% Zero
Equity Options Rs 0.01 per lot Zero
Currency Futures 0.05% Zero
Currency Options Rs 0.01 per lot Zero
Commodity Rs 50 per lot Zero
Account Opening Costs

Trading only 0 Free
Trading & Demat Rs 900 Free
Commodity N/A Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity N/A Zero
Futures N/A Zero
Options N/A Zero
Commodities N/A Zero
AMC charge First Year: Rs. 350/- Second Year Onwards: Rs. 750/- Zero
DP Transaction Charge N/A Rs 10 per transaction
Offline order placing Charge N/A 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 7 Days
End of Day Yes 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity N/A 1x on Delivery & upto 2x on Intraday
Equity Futures N/A 2x for intraday
Equity Options N/A Upto 2x for Intraday
Currency Futures N/A 2x for intraday
Currency Options N/A 1x
Commodity N/A 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 4,242.21 Crores Not Available
Profit after Tax FY12/13 5,179.43 Crores Not Available
Profit after Tax FY13/14 6,217.67 Crores Not Available
Profit after Tax FY 14/15 7,357.82 Crores Not Available
Profit after Tax FY 15/16 8,223.66 Crores Not Available
Profit after Tax FY 16/17 3,679.28 Crores Not Available
Profit after Tax FY 17/18 275.68 Crores Not Available
Profit after Tax FY 18/19 4,677 Crores Not Available
Profit after Tax FY 19/20 2,898 Crores Rs 38 Lakhs
Profit after Tax FY 20/21 16,455 Crores Rs 55 Lakhs
Profit after Tax FY 21/22 22,913 Crores Rs 70 Lakhs
Profit after Tax FY 22/23 20,091 Crores Rs 93 Lakhs
Debt FY11/12 N/A Not Available
Debt FY12/13 N/A Not Available
Debt FY13/14 N/A Not Available
Debt FY14/15 N/A Not Available
Debt FY15/16 N/A Not Available
Debt FY16/17 N/A Not Available
Debt FY17/18 N/A Not Available
Debt FY18/19 N/A Not Available
Debt FY19/20 N/A Rs 28.64 Lakhs
Debt FY20/21 N/A Rs 31.35 Lakhs
Debt FY21/22 2,08,277.52 Rs 33.41 Lakhs
Debt FY22/23 N/A Rs 36.58 Lakhs
Profit to Equity(%) FY11/12 20.13% Not Available
Profit to Equity(%) FY12/13 21.22% Not Available
Profit to Equity(%) FY13/14 20.51% Not Available
Profit to Equity(%) FY14/15 18.23% Not Available
Profit to Equity(%) FY15/16 18.57% Not Available
Profit to Equity(%) FY16/17 17.49% Not Available
Profit to Equity(%) FY17/18 7.22% Not Available
Profit to Equity(%) FY18/19 0.53% Not Available
Profit to Equity(%) FY19/20 8.09% 18.09%
Profit to Equity(%) FY20/21 2.34% 16.34%
Profit to Equity(%) FY21/22 20.3% 20.34%
Profit to Equity(%) FY22/23 19.17% 18.14%
Balance Sheet Size FY11/12 285,627.79 Not Available
Balance Sheet Size FY12/13 340,560.66 Not Available
Balance Sheet Size FY13/14 383,244.89 Not Available
Balance Sheet Size FY14/15 461,932.39 Not Available
Balance Sheet Size FY15/16 525,467.62 Not Available
Balance Sheet Size FY16/17 601,467.67 Not Available
Balance Sheet Size FY17/18 691,329.58 Not Available
Balance Sheet Size FY18/19 800,997 Not Available
Balance Sheet Size FY19/20 915,165 Rs 45 Crores
Balance Sheet Size FY20/21 986,798 Rs 57.34 Crores
Balance Sheet Size FY21/22 1,175,178 Rs 63.11 Crores
Balance Sheet Size FY22/23 1,317,326 Rs 77.28 Crores

Comparison Link:

Compare Axis Direct Compare Lemonn
Axis Direct Vs Punch Trade Lemonn Vs Punch Trade
Axis Direct Vs BlinkX Lemonn Vs BlinkX
Axis Direct Vs Mandot Securities Lemonn Vs Mandot Securities
Axis Direct Vs HDFC Sky Lemonn Vs HDFC Sky
Axis Direct Vs Dhan Lemonn Vs Dhan
Axis Direct Vs Goodwill Wealth Lemonn Vs Goodwill Wealth
Axis Direct Vs Shoonya by Finvasia Lemonn Vs Shoonya by Finvasia
Axis Direct Vs NJ Wealth Lemonn Vs NJ Wealth
Axis Direct Vs Paytm Money Lemonn Vs Paytm Money
Axis Direct Vs Globe Capital Lemonn Vs Globe Capital
Axis Direct Vs Finvasia Lemonn Vs Finvasia
Axis Direct Vs Cholamandalam Securities Lemonn Vs Cholamandalam Securities
Axis Direct Vs Canara Bank Lemonn Vs Canara Bank
Axis Direct Vs Alice Blue Lemonn Vs Alice Blue
Axis Direct Vs 5Paisa Lemonn Vs 5Paisa
Axis Direct Vs M.stock Lemonn Vs M.stock
Axis Direct Vs WisdomCapital Lemonn Vs WisdomCapital
Axis Direct Vs Way2wealth Lemonn Vs Way2wealth
Axis Direct Vs Ventura Securities Lemonn Vs Ventura Securities
Axis Direct Vs Navia Markets Ltd Lemonn Vs Navia Markets Ltd
Axis Direct Vs Tradejini Lemonn Vs Tradejini
Axis Direct Vs Tata Securities Lemonn Vs Tata Securities
Axis Direct Vs Swastika Investmart Lemonn Vs Swastika Investmart
Axis Direct Vs SMC Global Lemonn Vs SMC Global
Axis Direct Vs SBICAP Securities Lemonn Vs SBICAP Securities
Axis Direct Vs SASOnline Lemonn Vs SASOnline
Axis Direct Vs Samco securities Lemonn Vs Samco securities
Axis Direct Vs RK Global Lemonn Vs RK Global
Axis Direct Vs Reliance Securities Lemonn Vs Reliance Securities
Axis Direct Vs Nirmal Bang Lemonn Vs Nirmal Bang
Axis Direct Vs Master Trust Capital Lemonn Vs Master Trust Capital
Axis Direct Vs Kotak Securities Lemonn Vs Kotak Securities
Axis Direct Vs Interactive Brokers Lemonn Vs Interactive Brokers
Axis Direct Vs IIFL Securities Lemonn Vs IIFL Securities
Axis Direct Vs Dhani Lemonn Vs Dhani
Axis Direct Vs IDBI Capital Lemonn Vs IDBI Capital
Axis Direct Vs HDFC Securities Lemonn Vs HDFC Securities
Axis Direct Vs Geojit Lemonn Vs Geojit
Axis Direct Vs Fyers Securities Lemonn Vs Fyers Securities
Axis Direct Vs Edelweiss Capital Lemonn Vs Edelweiss Capital
Axis Direct Vs Easytradez Lemonn Vs Easytradez
Axis Direct Vs Rupeezy Lemonn Vs Rupeezy
Axis Direct Vs Anand Rathi Lemonn Vs Anand Rathi
Axis Direct Vs Aditya Birla Money Lemonn Vs Aditya Birla Money
Axis Direct Vs Achiievers Lemonn Vs Achiievers
Axis Direct Vs Angel One Lemonn Vs Angel One
Axis Direct Vs Motilal Oswal Lemonn Vs Motilal Oswal
Axis Direct Vs ICICI Direct Lemonn Vs ICICI Direct
Axis Direct Vs Sharekhan Lemonn Vs Sharekhan
Axis Direct Vs Groww Lemonn Vs Groww
Axis Direct Vs Tradesmart Online Lemonn Vs Tradesmart Online
Axis Direct Vs Upstox Lemonn Vs Upstox
Axis Direct Vs Zerodha Lemonn Vs Zerodha

Frequently Asked Questions

Is Axis Direct better than Lemonn ?

Axis Direct and Lemonn are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Lemonn better than Axis Direct ?

Axis Direct and Lemonn are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Axis Direct cheaper than Lemonn ?

Axis Direct and Lemonn are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Lemonn cheaper than Axis Direct ?

Axis Direct and Lemonn are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Axis Direct vs. Lemonn ?

To find out the better of the two stockbrokers Axis Direct and Lemonn, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.