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

Overview — Lemonn vs. Bajaj Securities

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 Securities is listed as a Public Discount Broker established in 2010 with headquarters in Pune and founded by Sanjiv Bajaj. It offers equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. Its brokerage model is structured as Freedom Plan.

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 Securities

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

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 Securities charges Rs.20 per Trade.

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

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

Equity options: This charge applies to equity option contracts. Lemonn charges Rs 20 per executed order while Bajaj Securities charges Rs.20 per Trade.

Trading platforms comparison — Lemonn vs. Bajaj Securities

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

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

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

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

• Desktop trading terminal: Lemonn lists a desktop trading terminal, while Bajaj Securities 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: Lemonn and Bajaj Securities 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.

Lemonn vs. Bajaj Securities — 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 Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. 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 Securities offer this feature.

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

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

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

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

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

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

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

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

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

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

Lemonn vs. Bajaj Securities — 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 Securities.

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

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

• Free brokerage: Neither broker currently highlights free brokerage.

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

• Flexible brokerage plans: Bajaj Securities 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 Securities 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: Neither broker currently highlights free trading calls.

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

• Referral offers: Bajaj Securities offers Rs.200 per Client for referrals; Lemonn does not currently list a referral offer.

Offered products comparison — Bajaj Securities 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 Securities highlights equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance.

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

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

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

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

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

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

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

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

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

• Trading education: Bajaj Securities lists trading education, while Lemonn does not currently mention it.

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

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

• NRI services: Neither broker currently highlights NRI services.

Offered services comparison — Lemonn vs. Bajaj Securities

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

Stock advisory service comparison — Lemonn vs. Bajaj Securities

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 Securities.

Exposure comparison — Lemonn vs. Bajaj Securities

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

Comparison of programs — Lemonn vs. Bajaj Securities

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

Customer support comparison — Lemonn vs. Bajaj Securities

Lemonn provides support through trading desk support, call support, email support, website support and Facebook support. Bajaj Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Bajaj Securities operates Available branches.

Ratings — Lemonn vs. Bajaj Securities

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 Securities carries an overall rating of 7.75 / 10.

Complaints — Lemonn vs. Bajaj Securities

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 Securities

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

Pledge charges comparison — Lemonn vs. Bajaj Securities

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 Securities

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 Securities

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

Lemonn vs Bajaj Securities — 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 Securities

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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