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

Find a Comparison of Zerodha 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 Zerodha and Lemonn.

Background

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

Equity Rs 0 on Delivery & Rs 20 on Intraday Free for 1 Month afterwards 0.5% on Intraday
Equity Futures Rs 20 or 0.03% (whichever is lower) per executed order Zero
Equity Options Rs 20 per order Zero
Currency Futures Rs 20 or 0.03% (whichever is lower) per executed order Zero
Currency Options Rs 20 per order Zero
Commodity Rs 20 per order Zero
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 0.00325% on Turnover Zero
Futures 0.0021% on Contract Turnover Zero
Options 0.053% on Premium Turnover Zero
Commodities 0.0031% on Contract turnover Zero
AMC charge Rs 300/year Zero
DP Transaction Charge Rs 13 per debit instruction Rs 10 per transaction
Offline order placing Charge Rs 20 per executed order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

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

Comparison Link:

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Frequently Asked Questions

Is Zerodha better than Lemonn ?

Zerodha 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 Zerodha ?

Zerodha 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 Zerodha cheaper than Lemonn ?

Zerodha 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 Zerodha ?

Zerodha 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 Zerodha vs. Lemonn ?

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