Lemonn vs Zerodha – Compare Charges, Trading Features, Offers & more

Find a Comparison of Lemonn vs Zerodha 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 Zerodha.

Background

Year of Incorporation 2020 2010
Website https://lemonn.co.in/ https://zerodha.com
Phone +918035769929 080-4718-1888
Exchanges enabled BSE, NSE NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Free for 1 Month afterwards 0.5% on Intraday Rs 0 on Delivery & Rs 20 on Intraday
Equity Futures Zero Rs 20 or 0.03% (whichever is lower) per executed order
Equity Options Zero Rs 20 per order
Currency Futures Zero Rs 20 or 0.03% (whichever is lower) per executed order
Currency Options Zero Rs 20 per order
Commodity Zero Rs 20 per 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% on Turnover
Futures Zero 0.0021% on Contract Turnover
Options Zero 0.053% on Premium Turnover
Commodities Zero 0.0031% on Contract turnover
AMC charge Zero Rs 300/year
DP Transaction Charge Rs 10 per transaction Rs 13 per debit instruction
Offline order placing Charge 0 Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 365 days on Zerodha Pi
End of Day 5 Years 10 years on Zerodha Pi
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 2x on Intraday 20x intraday
Equity Futures 2x for intraday Upto 7x intraday leverage
Equity Options Upto 2x for Intraday Buying no leverage, Shorting upto 7x leverage intrdaday
Currency Futures 2x for intraday 2x intraday leverage
Currency Options 1x Buying no leverage, Shorting upto 2x intraday leverage
Commodity 1x 2.5x intraday leverage
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 2.4 Crores
Profit after Tax FY12/13 Not Available Rs 5.8 Crores
Profit after Tax FY13/14 Not Available Rs 10.27 Crores
Profit after Tax FY 14/15 Not Available Rs 10.58 Crores
Profit after Tax FY 15/16 Not Available Rs 10.99 Crores
Profit after Tax FY 16/17 Not Available Rs 11.02 Crores
Profit after Tax FY 17/18 Not Available Rs 11.36 Crores
Profit after Tax FY 18/19 Not Available Rs 11.75 Crores
Profit after Tax FY 19/20 Rs 38 Lakhs Rs 11.98 Crores
Profit after Tax FY 20/21 Rs 55 Lakhs Rs 12.13 Crores
Profit after Tax FY 21/22 Rs 70 Lakhs Rs 12.38 Crores
Profit after Tax FY 22/23 Rs 93 Lakhs Rs 12.87 Crores
Debt FY11/12 Not Available 0
Debt FY12/13 Not Available 0
Debt FY13/14 Not Available 0
Debt FY14/15 Not Available Rs 4.45 Crores
Debt FY15/16 Not Available Rs 4.88 Crores
Debt FY16/17 Not Available Rs 5.22 Crores
Debt FY17/18 Not Available Rs 5.68 Crores
Debt FY18/19 Not Available Rs 6.25 Crores
Debt FY19/20 Rs 28.64 Lakhs Rs 5.87 Crores
Debt FY20/21 Rs 31.35 Lakhs Rs 6.11 Crores
Debt FY21/22 Rs 33.41 Lakhs Rs 6.47 Crores
Debt FY22/23 Rs 36.58 Lakhs Rs 6.98 Crores
Profit to Equity(%) FY11/12 Not Available 19%
Profit to Equity(%) FY12/13 Not Available 24%
Profit to Equity(%) FY13/14 Not Available 21%
Profit to Equity(%) FY14/15 Not Available 21%
Profit to Equity(%) FY15/16 Not Available 23%
Profit to Equity(%) FY16/17 Not Available 26%
Profit to Equity(%) FY17/18 Not Available 28%
Profit to Equity(%) FY18/19 Not Available 29%
Profit to Equity(%) FY19/20 18.09% 33%
Profit to Equity(%) FY20/21 16.34% 36%
Profit to Equity(%) FY21/22 20.34% 38%
Profit to Equity(%) FY22/23 18.14% 39%
Balance Sheet Size FY11/12 Not Available Rs 25.4 Crores
Balance Sheet Size FY12/13 Not Available Rs 64.5 Crores
Balance Sheet Size FY13/14 Not Available Rs 111.1 Crores
Balance Sheet Size FY14/15 Not Available Rs 112.18 Crores
Balance Sheet Size FY15/16 Not Available Rs 112.98 Crores
Balance Sheet Size FY16/17 Not Available Rs 113.44 Crores
Balance Sheet Size FY17/18 Not Available Rs 114.87 Crores
Balance Sheet Size FY18/19 Not Available Rs 116.55 Crores
Balance Sheet Size FY19/20 Rs 45 Crores Rs 119.22 Crores
Balance Sheet Size FY20/21 Rs 57.34 Crores Rs 120.63 Crores
Balance Sheet Size FY21/22 Rs 63.11 Crores Rs 121.16 Crores
Balance Sheet Size FY22/23 Rs 77.28 Crores Rs 122.10 Crores

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Frequently Asked Questions

Is Lemonn better than Zerodha ?

Lemonn and Zerodha 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 Zerodha better than Lemonn ?

Lemonn and Zerodha 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 Zerodha ?

Lemonn and Zerodha 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 Zerodha cheaper than Lemonn ?

Lemonn and Zerodha 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. Zerodha ?

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