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

Overview — Lemonn vs. Sharekhan

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.

Sharekhan is listed as a Private Discount Broker established in 2000 with headquarters in Mumbai and founded by Mukesh meena Dayalpura. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures 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 Freedom Pricing.

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. Sharekhan

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

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Lemonn charges Rs 20 per executed order while Sharekhan charges 0.30% of Transaction Value or 1 paisa per share (whichever is higher).

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Lemonn charges Rs 20 per executed order while Sharekhan charges 0.02% of Transaction Value or 1 paisa per share (whichever is higher).

Equity futures: This charge applies to futures contracts on stocks and indices. Lemonn charges Rs 20 per executed order while Sharekhan charges 0.03% of Transaction Value.

Equity options: This charge applies to equity option contracts. Lemonn charges Rs 20 per executed order while Sharekhan charges Rs.30 per Lot.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Lemonn charges N/A ; Sharekhan charges 0.03% of Transaction Value.

Commodity options: This charge applies to option contracts on commodity instruments. Lemonn charges N/A ; Sharekhan charges Rs.75 per Lot.

Currency futures: This charge allows participation in forex price movements on the exchange. Lemonn charges N/A ; Sharekhan charges 0.03% of Transaction Value.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Lemonn charges N/A ; Sharekhan charges Rs.20 per Lot.

Trading platforms comparison — Lemonn vs. Sharekhan

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

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

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

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

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

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

• Basket trading: Sharekhan lists basket trading, while Lemonn does not currently mention it.

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

• Mutual fund platform: Lemonn and Sharekhan 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. Sharekhan — 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 Sharekhan 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 Lemonn and Sharekhan offer this feature.

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

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

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

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

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Both Lemonn and Sharekhan offer this feature.

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

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

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

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

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

Lemonn vs. Sharekhan — 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 Sharekhan.

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

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

• Free brokerage: Neither broker currently highlights free brokerage.

• Flat brokerage: Lemonn lists flat brokerage pricing, while Sharekhan does not currently mention it.

• Flexible brokerage plans: Sharekhan 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 Sharekhan 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: Sharekhan 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.

• Referral offers: Sharekhan offers Upto Rs.400 per Client for referrals; Lemonn does not currently list a referral offer.

Offered products comparison — Sharekhan 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 Sharekhan highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.

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, currency futures and currency options.

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

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

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

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

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

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

• Stock research: Lemonn and Sharekhan both list stock research.

• Stock recommendations: Lemonn and Sharekhan both list stock recommendations.

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

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

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

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

Offered services comparison — Lemonn vs. Sharekhan

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

Stock advisory service comparison — Lemonn vs. Sharekhan

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 Sharekhan.

Exposure comparison — Lemonn vs. Sharekhan

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

Comparison of programs — Lemonn vs. Sharekhan

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

Customer support comparison — Lemonn vs. Sharekhan

Lemonn provides support through trading desk support, call support, email support, website support and Facebook support. Sharekhan provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. Sharekhan operates - branches.

Ratings — Lemonn vs. Sharekhan

Both brokers have been evaluated across key parameters to help investors make an informed comparison. Lemonn carries an overall rating of 4/5, while Sharekhan carries an overall rating of 9.06 / 10.

Complaints — Lemonn vs. Sharekhan

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. Sharekhan

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

Pledge charges comparison — Lemonn vs. Sharekhan

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. Sharekhan

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 Sharekhan

Lemonn lists account opening charges of Free and Demat AMC of Rs 250+ GST. Sharekhan lists account opening charges of Free and Demat AMC of Free (1st Year).

Lemonn vs Sharekhan — 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 Sharekhan

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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