Lemonn vs Bajaj Broking – Compare Charges, Trading Features, Offers & More

Overview — Lemonn vs. Bajaj Broking

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. The broker highlights access to equity delivery, equity intraday, equity futures, equity options and mutual funds through mobile app access, web trading and desktop terminal access and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations. It follows a Standard brokerage structure.

Bajaj Broking is listed as a Public Discount Broker established in 2010 with headquarters in Pune, Maharashtra and founded by Jamnalal Bajaj. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and mutual funds using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. Its brokerage model is structured as Freedom Pack, Professional Pack, Signature Pack.

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 — Lemonn vs. Bajaj Broking

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

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Lemonn charges Rs 20 per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Lemonn charges Rs 20 per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Equity futures: This charge applies to futures contracts on stocks and indices. Lemonn charges Rs 20 per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Equity options: This charge applies to equity option contracts. Lemonn charges Rs 20 per executed order while Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Lemonn charges N/A ; Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Commodity options: This charge applies to option contracts on commodity instruments. Lemonn charges N/A ; Bajaj Broking charges Starting ₹10 per order (Freedom Pack ₹20).

Trading platforms comparison — Lemonn vs. Bajaj Broking

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

• Android app: Lemonn and Bajaj Broking both list an Android trading app.

• iOS app: Lemonn and Bajaj Broking both list an iOS trading app.

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

• Desktop trading terminal: Lemonn and Bajaj Broking both list a desktop trading terminal.

• Algo trading: Bajaj Broking lists algo trading support, while Lemonn does not currently mention it.

• Basket trading: Neither broker currently highlights basket trading.

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

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

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

• Bonds platform: Bajaj Broking lists a bonds investment platform, while Lemonn does not currently mention it.

Lemonn vs. Bajaj Broking — Comparison of trading features

Lemonn highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations, while Bajaj Broking promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. 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 Lemonn and Bajaj Broking offer this feature.

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

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

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

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Lemonn and Bajaj Broking offer this feature.

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

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Lemonn and Bajaj Broking offer this feature.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Lemonn and Bajaj Broking offer this feature.

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

• Multi profile management: Manage multiple trading profiles from a single account. Lemonn offers this; Bajaj Broking does not currently highlight it.

• Secure platform: A secure trading environment with next-generation security controls. Lemonn offers this; Bajaj Broking does not currently highlight it.

Lemonn vs. Bajaj Broking — 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 Lemonn and Bajaj Broking.

• Free account opening: Lemonn and Bajaj Broking both list free account opening.

• Free AMC: Lemonn and Bajaj Broking both list free Demat AMC.

• Free brokerage: Neither broker currently highlights free brokerage.

• Flat brokerage: Lemonn and Bajaj Broking both list flat brokerage pricing.

• Flexible brokerage plans: Bajaj Broking lists flexible brokerage plans, while Lemonn does not currently mention it.

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

• Free delivery trading: Lemonn lists free delivery trading, while Bajaj Broking does not currently mention it.

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

• Free F&O trading: Neither broker currently highlights free F&O trading.

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

• Free trading calls: Bajaj Broking lists free trading calls, while Lemonn does not currently mention it.

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

Offered products comparison — Bajaj Broking vs. Lemonn

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

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

• Demat services: Lemonn and Bajaj Broking both list Demat services.

• Trading services: Lemonn and Bajaj Broking both list trading services.

• Intraday services: Lemonn and Bajaj Broking both list intraday trading services.

• F&O services: Lemonn and Bajaj Broking both list F&O services.

• IPO services: Lemonn and Bajaj Broking both list IPO services.

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

• Stock research: Lemonn and Bajaj Broking both list stock research.

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

• Trading education: Neither broker currently highlights trading education.

• Share pledging: Lemonn and Bajaj Broking both list share pledging.

• PMS or PCG: Lemonn and Bajaj Broking both list PMS or PCG support.

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

Offered services comparison — Lemonn vs. Bajaj Broking

Lemonn provides Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support, while Bajaj Broking offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.

Stock advisory service comparison — Lemonn vs. Bajaj Broking

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

Exposure comparison — Lemonn vs. Bajaj Broking

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

Comparison of programs — Lemonn vs. Bajaj Broking

Lemonn lists a sub-broker program, while Bajaj Broking does not currently mention it. Lemonn lists a partner program, while Bajaj Broking does not currently mention it. Lemonn lists a referral program, while Bajaj Broking does not currently mention it.

Customer support comparison — Lemonn vs. Bajaj Broking

Lemonn provides support through trading desk support, call support, email support, website support and Facebook support. Bajaj Broking provides support through trading desk support, call support, email support and website support. Bajaj Broking operates Head office: 4th Floor, Bajaj Finserv House, Off Pune–Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra branches.

Ratings — Lemonn vs. Bajaj Broking

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Lemonn carries an overall rating of 4/5, while Bajaj Broking carries an overall rating of 3.6 / 5.

Complaints — Lemonn vs. Bajaj Broking

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 — Lemonn vs. Bajaj Broking

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

Pledge charges comparison — Lemonn vs. Bajaj Broking

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 — Lemonn vs. Bajaj Broking

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 — Lemonn vs Bajaj Broking

Lemonn lists account opening charges of Free and Demat AMC of Rs 250+ GST. Bajaj Broking lists account opening charges of ₹0 and Demat AMC of ₹0.

Lemonn vs Bajaj Broking — 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 — Lemonn and Bajaj Broking

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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