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

Find a Comparison of Lemonn vs ICICI Direct 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 Lemonn and ICICI Direct.

Background

Year of Incorporation 2020 2000
Website https://lemonn.co.in/ https://www.icicidirect.com/
Phone +918035769929 022 3355 1122
Exchanges enabled BSE, NSE NSE & BSE
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity Free for 1 Month afterwards 0.5% on Intraday 0.05% Equity Intraday
Equity Futures Zero 0.05% or Rs 50 per Trade
Equity Options Zero 0.05% or Rs 50 per Trade
Currency Futures Zero Rs 20 per executed order
Currency Options Zero Rs 20 per executed order
Commodity Zero Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 975 for 3 in 1 Account
Commodity Free Rs 0
Transparency & other costs

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

Equity Zero 0.00325% of Turnover
Futures Zero 0.0019% of Turnover
Options Zero 0.05% of Turnover
Commodities Zero 0.05% of Turnover
AMC charge Zero Rs 700 per Year
DP Transaction Charge Rs 10 per transaction Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 20 Days
End of Day 5 Years 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 2x on Intraday Upto 1x on Delivery & Upto 5x on Intraday
Equity Futures 2x for intraday Upto 4x
Equity Options Upto 2x for Intraday Not for buying but upto 2x for shorting
Currency Futures 2x for intraday 1x
Currency Options 1x 1x
Commodity 1x 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 Not Available Rs 77.1 Crores
Profit after Tax FY12/13 Not Available Rs 68.2 Crores
Profit after Tax FY13/14 Not Available Rs 74.9 Crores
Profit after Tax FY 14/15 Not Available Rs 79.52 Crores
Profit after Tax FY 15/16 Not Available Rs 96.88 Crores
Profit after Tax FY 16/17 Not Available Rs 132.64 Crores
Profit after Tax FY 17/18 Not Available Rs 100.80 Crores
Profit after Tax FY 18/19 Not Available Rs 134.63 Crores
Profit after Tax FY 19/20 Rs 38 Lakhs Rs 123.16 Crores
Profit after Tax FY 20/21 Rs 55 Lakhs Rs 85.59 Crores
Profit after Tax FY 21/22 Rs 70 Lakhs Rs 105.82 Crores
Profit after Tax FY 22/23 Rs 93 Lakhs Rs 115.43 Crores
Debt FY11/12 Not Available Rs 209 Crores
Debt FY12/13 Not Available Rs 219 Crores
Debt FY13/14 Not Available Rs 317 Crores
Debt FY14/15 Not Available Rs 350.83 Crores
Debt FY15/16 Not Available Rs 462.09 Crores
Debt FY16/17 Not Available Rs 335.99 Crores
Debt FY17/18 Not Available Rs 555.66 Crores
Debt FY18/19 Not Available Rs 559.36 Crores
Debt FY19/20 Rs 28.64 Lakhs Rs 389.28 Crores
Debt FY20/21 Rs 31.35 Lakhs Rs 536.48 Crores
Debt FY21/22 Rs 33.41 Lakhs Rs 598.99 Crores
Debt FY22/23 Rs 36.58 Lakhs Rs 582.15 Crores
Profit to Equity(%) FY11/12 Not Available 32%
Profit to Equity(%) FY12/13 Not Available 21%
Profit to Equity(%) FY13/14 Not Available 27.07%
Profit to Equity(%) FY14/15 Not Available 29.22%
Profit to Equity(%) FY15/16 Not Available 30.63%
Profit to Equity(%) FY16/17 Not Available 32.89%
Profit to Equity(%) FY17/18 Not Available 41.55%
Profit to Equity(%) FY18/19 Not Available 40.19%
Profit to Equity(%) FY19/20 18.09% 26.41%
Profit to Equity(%) FY20/21 16.34% 33.02%
Profit to Equity(%) FY21/22 20.34% 41.00%
Profit to Equity(%) FY22/23 18.14% 43.78%
Balance Sheet Size FY11/12 Not Available Rs 908 Crores
Balance Sheet Size FY12/13 Not Available Rs 948 Crores
Balance Sheet Size FY13/14 Not Available Rs 1620 Crores
Balance Sheet Size FY14/15 Not Available Rs 1857.26 Crores
Balance Sheet Size FY15/16 Not Available Rs 1903.86 Crores
Balance Sheet Size FY16/17 Not Available Rs 1983.64 Crores
Balance Sheet Size FY17/18 Not Available Rs 2222.18 Crores
Balance Sheet Size FY18/19 Not Available Rs 2350.41 Crores
Balance Sheet Size FY19/20 Rs 45 Crores Rs 2470.58 Crores
Balance Sheet Size FY20/21 Rs 57.34 Crores Rs 2747.85 Crores
Balance Sheet Size FY21/22 Rs 63.11 Crores Rs 2921.25 Crores
Balance Sheet Size FY22/23 Rs 77.28 Crores Rs 3061.50 Crores

Comparison Link:

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Frequently Asked Questions

Is Lemonn better than ICICI Direct ?

Lemonn and ICICI Direct 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 ICICI Direct better than Lemonn ?

Lemonn and ICICI Direct 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 cheaper than ICICI Direct ?

Lemonn and ICICI Direct 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 ICICI Direct cheaper than Lemonn ?

Lemonn and ICICI Direct 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 Lemonn vs. ICICI Direct ?

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