Lemonn vs Punch Trade – Compare Charges, Trading Features, Offers & more

Find a Comparison of Lemonn vs Punch Trade 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 Punch Trade.

Background

Year of Incorporation 2020 2016
Website https://lemonn.co.in/ https://www.punch.trade/
Phone +918035769929 +91-7948222271
Exchanges enabled BSE, NSE BSE, NSE, MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Free for 1 Month afterwards 0.5% on Intraday Rs 20 or 0.03% per executed order
Equity Futures Zero Rs 20 per executed order
Equity Options Zero Rs 20 per executed order
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 Free
Commodity Free Free
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 0.03% of Turnover
AMC charge Zero Rs 300 per annum
DP Transaction Charge Rs 10 per transaction Rs 25 per Debit Transaction
Offline order placing Charge 0 Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 2x on Intraday 1x on Delivery & upto 5x on Intraday
Equity Futures 2x for intraday 2x for intraday
Equity Options Upto 2x for Intraday Upto 2x for Intraday
Currency Futures 2x for intraday Upto 2x for intraday
Currency Options 1x Upto 2x for Intraday
Commodity 1x Upto 2x for Intraday
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 Not Available
Profit after Tax FY12/13 Not Available Not Available
Profit after Tax FY13/14 Not Available Not Available
Profit after Tax FY 14/15 Not Available Not Available
Profit after Tax FY 15/16 Not Available Not Available
Profit after Tax FY 16/17 Not Available Rs 17 Lakhs
Profit after Tax FY 17/18 Not Available Rs 27 Lakhs
Profit after Tax FY 18/19 Not Available Rs 35 Lakhs
Profit after Tax FY 19/20 Rs 38 Lakhs Rs 42 Lakhs
Profit after Tax FY 20/21 Rs 55 Lakhs Rs 46 Lakhs
Profit after Tax FY 21/22 Rs 70 Lakhs Rs 61 Lakhs
Profit after Tax FY 22/23 Rs 93 Lakhs Rs 75 Lakhs
Debt FY11/12 Not Available Not Available
Debt FY12/13 Not Available Not Available
Debt FY13/14 Not Available Not Available
Debt FY14/15 Not Available Not Available
Debt FY15/16 Not Available Not Available
Debt FY16/17 Not Available Rs 12.22 Lakhs
Debt FY17/18 Not Available Rs 18.64 Lakhs
Debt FY18/19 Not Available Rs 26.79 Lakhs
Debt FY19/20 Rs 28.64 Lakhs Rs 33.82 Lakhs
Debt FY20/21 Rs 31.35 Lakhs Rs 39.47 Lakhs
Debt FY21/22 Rs 33.41 Lakhs Rs 48.58 Lakhs
Debt FY22/23 Rs 36.58 Lakhs Rs 52.22 Lakhs
Profit to Equity(%) FY11/12 Not Available Not Available
Profit to Equity(%) FY12/13 Not Available Not Available
Profit to Equity(%) FY13/14 Not Available Not Available
Profit to Equity(%) FY14/15 Not Available Not Available
Profit to Equity(%) FY15/16 Not Available Not Available
Profit to Equity(%) FY16/17 Not Available 6.49%
Profit to Equity(%) FY17/18 Not Available 7.22%
Profit to Equity(%) FY18/19 Not Available 8.53%
Profit to Equity(%) FY19/20 18.09% 8.09%
Profit to Equity(%) FY20/21 16.34% 10.46%
Profit to Equity(%) FY21/22 20.34% 11.35%
Profit to Equity(%) FY22/23 18.14% 14.95%
Balance Sheet Size FY11/12 Not Available Not Available
Balance Sheet Size FY12/13 Not Available Not Available
Balance Sheet Size FY13/14 Not Available Not Available
Balance Sheet Size FY14/15 Not Available Not Available
Balance Sheet Size FY15/16 Not Available Not Available
Balance Sheet Size FY16/17 Not Available Rs 155 Lakhs
Balance Sheet Size FY17/18 Not Available Rs 170 Lakhs
Balance Sheet Size FY18/19 Not Available Rs 173 Lakhs
Balance Sheet Size FY19/20 Rs 45 Crores Rs 188 Lakhs
Balance Sheet Size FY20/21 Rs 57.34 Crores Rs 195 Lakhs
Balance Sheet Size FY21/22 Rs 63.11 Crores Rs 205 Lakhs
Balance Sheet Size FY22/23 Rs 77.28 Crores Rs 225 Lakhs

Comparison Link:

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Frequently Asked Questions

Is Lemonn better than Punch Trade ?

Lemonn and Punch Trade 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 Punch Trade better than Lemonn ?

Lemonn and Punch Trade 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 Punch Trade ?

Lemonn and Punch Trade 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 Punch Trade cheaper than Lemonn ?

Lemonn and Punch Trade 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. Punch Trade ?

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