Finvasia vs Lemonn – Compare Charges, Trading Features, Offers & More

Overview — Finvasia vs. Lemonn

Finvasia is listed as a Private Discount Broker established in 2009 with headquarters in Mohali and founded by Tajinder Pal Singh & Sarvjeet Singh. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access and web trading and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and multi-profile management. It follows a Standard Plan brokerage structure.

Lemonn is listed as a Private Discount Broker established in 2020 with headquarters in Mumbai and founded by Ashish Singhal, Govind Soni, & Vimal Sagar Tiwari. It offers equity delivery, equity intraday, equity futures, equity options and mutual funds using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. Its brokerage model is structured as Standard.

Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.

Brokerage charges comparison — Finvasia vs. Lemonn

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Finvasia and Lemonn.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Finvasia charges Free while Lemonn charges Rs 20 per executed order.

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Finvasia charges Free while Lemonn charges Rs 20 per executed order.

Equity futures: This charge applies to futures contracts on stocks and indices. Finvasia charges Free while Lemonn charges Rs 20 per executed order.

Equity options: This charge applies to equity option contracts. Finvasia charges Free while Lemonn charges Rs 20 per executed order.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Finvasia charges Free . Lemonn does not currently list a charge for this segment.

Commodity options: This charge applies to option contracts on commodity instruments. Finvasia charges Free . Lemonn does not currently list a charge for this segment.

Currency futures: This charge allows participation in forex price movements on the exchange. Finvasia charges Free . Lemonn does not currently list a charge for this segment.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Finvasia charges Free . Lemonn does not currently list a charge for this segment.

Trading platforms comparison — Finvasia vs. Lemonn

Finvasia provides mobile app access and web trading for order placement, portfolio tracking, and market monitoring. Lemonn provides mobile app access, web trading and desktop terminal access for its users.

• Android app: Finvasia and Lemonn both list an Android trading app.

• iOS app: Finvasia and Lemonn both list an iOS trading app.

• Web trading platform: Finvasia and Lemonn both list a web trading platform.

• Desktop trading terminal: Lemonn lists a desktop trading terminal, while Finvasia does not currently mention it.

• Algo trading: Neither broker currently highlights algo trading support.

• Basket trading: Neither broker currently highlights basket trading.

• Foreign stocks platform: Neither broker currently highlights foreign stocks access.

• Mutual fund platform: Finvasia and Lemonn both list a mutual fund investment platform.

• Digital gold platform: Neither broker currently highlights digital gold investing.

• Bonds platform: Neither broker currently highlights a bonds investment platform.

Finvasia vs. Lemonn — Comparison of trading features

Finvasia highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and multi-profile management, while Lemonn promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. The table below shows the full feature set for both brokers side by side.

• Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Finvasia and Lemonn offer this feature.

• Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Finvasia and Lemonn offer this feature.

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Finvasia and Lemonn offer this feature.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Finvasia and Lemonn offer this feature.

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. Lemonn offers this; Finvasia does not currently highlight it.

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Lemonn offers this; Finvasia does not currently highlight it.

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Lemonn offers this; Finvasia does not currently highlight it.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. Lemonn offers this; Finvasia does not currently highlight it.

• Live market: Live updates on market movements and trends. Both Finvasia and Lemonn offer this feature.

• Multi profile management: Manage multiple trading profiles from a single account. Both Finvasia and Lemonn offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Both Finvasia and Lemonn offer this feature.

Finvasia vs. Lemonn — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Finvasia and Lemonn.

• Free account opening: Finvasia and Lemonn both list free account opening.

• Free AMC: Finvasia and Lemonn both list free Demat AMC.

• Free brokerage: Finvasia lists free brokerage, while Lemonn does not currently mention it.

• Flat brokerage: Finvasia and Lemonn both list flat brokerage pricing.

• Flexible brokerage plans: Neither broker currently highlights flexible brokerage plans.

• Happy trading hours: Neither broker currently highlights happy trading hours.

• Free delivery trading: Finvasia and Lemonn both list free delivery trading.

• Free intraday trading: Finvasia lists free intraday trading, while Lemonn does not currently mention it.

• Free F&O trading: Finvasia lists free F&O trading, while Lemonn does not currently mention it.

• Free research reports: Neither broker currently highlights free research reports.

• Free trading calls: Neither broker currently highlights free trading calls.

• Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

• Referral offers: Finvasia offers 50 Reward Points per Client for referrals; Lemonn does not currently list a referral offer.

Offered products comparison — Lemonn vs. Finvasia

Product availability determines whether a broker can support your preferred markets. Finvasia highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Lemonn highlights equity delivery, equity intraday, equity futures, equity options and mutual funds.

The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options and mutual funds.

• Demat services: Finvasia and Lemonn both list Demat services.

• Trading services: Finvasia and Lemonn both list trading services.

• Intraday services: Finvasia and Lemonn both list intraday trading services.

• F&O services: Finvasia and Lemonn both list F&O services.

• IPO services: Finvasia and Lemonn both list IPO services.

• 3-in-1 account: Lemonn lists 3-in-1 account support, while Finvasia does not currently mention it.

• Stock research: Lemonn lists stock research, while Finvasia does not currently mention it.

• Stock recommendations: Lemonn lists stock recommendations, while Finvasia does not currently mention it.

• Trading education: Neither broker currently highlights trading education.

• Share pledging: Finvasia and Lemonn both list share pledging.

• PMS or PCG: Lemonn lists PMS or PCG support, while Finvasia does not currently mention it.

• NRI services: Finvasia lists NRI services, while Lemonn does not currently mention it.

Offered services comparison — Finvasia vs. Lemonn

Finvasia provides Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging, while Lemonn offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.

Stock advisory service comparison — Finvasia vs. Lemonn

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Finvasia and Lemonn.

Exposure comparison — Finvasia vs. Lemonn

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Finvasia and Lemonn across different segments.

Comparison of programs — Finvasia vs. Lemonn

Finvasia and Lemonn both list a sub-broker program. Finvasia and Lemonn both list a partner program. Finvasia and Lemonn both list a referral program.

Customer support comparison — Finvasia vs. Lemonn

Finvasia provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Lemonn provides support through trading desk support, call support, email support, website support and Facebook support.

Ratings — Finvasia vs. Lemonn

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Finvasia carries an overall rating of 7.24 / 10, while Lemonn carries an overall rating of 4/5.

Complaints — Finvasia vs. Lemonn

SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.

Transaction charges comparison — Finvasia vs. Lemonn

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Finvasia and Lemonn.

Pledge charges comparison — Finvasia vs. Lemonn

Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.

Hidden charges comparison — Finvasia vs. Lemonn

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Compare Demat charges — Finvasia vs Lemonn

Finvasia lists account opening charges of Free and Demat AMC of Free. Lemonn lists account opening charges of Free and Demat AMC of Rs 250+ GST.

Finvasia vs Lemonn — Compare STT & CTT

Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.

Compare stamp duty — Finvasia and Lemonn

Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.

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