The comparison between Lemonn, Angel One, and ICICI Direct highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Lemonn is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Icici Direct provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 3.46 crore, and 99 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, Angel One, and ICICI Direct helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Angel One offers 4.5 and ICICI Direct features 4.
| Services / Features | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Discount Broker | Full Service Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE | NSE, BSE |
| Active Clients | 8.27 Lakhs | 3.46 crore | 99 Lakhs |
| Broker Overview | Lemonn Review | Angel One Review | ICICI Direct Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Lemonn, Angel One, and ICICI Direct reveal significant differences in their offerings. Lemonn provides N/A trading and demat account opening, while Angel One offers Zero and ICICI Direct features N/A.
| Account Opening Charges and AMC | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Trading Account Opening | — | Zero | — |
| Trading AMC | — | ₹500 per year | ₹300 per year |
| Demat Account Opening | — | Zero | — |
| Demat AMC | ₹250 + GST per year | ₹500 per year | ₹300 per year |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their offerings. Lemonn provides - plans, while Angel One offers - and ICICI Direct features N/A.
| Brokerage Plans | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Multiple Plans | - | - | — |
| Monthly Plans | - | - | — |
| Yearly Plans | - | - | — |
Brokerage Charges
This comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their brokerage charges. Lemonn charges ₹20 per executed order brokerage on equity delivery and intraday, ₹20 per executed order for futures, and ₹20 per executed order for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. ICICI Direct charges 0.29% brokerage on equity delivery and intraday, 0.022%/0.007% for Prime plans for futures, and ₹49 per lot or ₹9 per lot for the Prime 9,999 plan for options.
| Brokerage Charges | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Plan Name | - | - | |
| Equity Delivery | ₹20 per executed order | ₹20 or 0.1% | 0.29% |
| Equity Intraday | ₹20 per executed order | ₹20 or 0.03% | 0.022% or 0.007% |
| Equity Futures | ₹20 per executed order | ₹20 | 0.022%/0.007% for Prime plans |
| Equity Options | ₹20 per executed order | ₹20 | ₹49 per lot or ₹9 per lot for the Prime 9,999 plan |
| Currency Futures | ₹20 | ₹20 per order | |
| Currency Options | ₹20 | ₹20 per order | |
| Commodity Futures | |||
| Commodity Options | |||
| Hidden Charges | No | No | Zero |
| Call & Trade Charges | ₹50 per ISIN | ₹20 + GST | ₹50 per order |
| Auto Square Off Charges | ₹50 per ISIN | ₹20 + GST | ₹50 per order |
| Brokerage Calculator |
Transactions Charges
This comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their transactions. Lemonn provides N/A for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and ICICI Direct features NSE: 0.00307% | BSE: 0.00375%.
| Transactions Charges | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Equity Delivery | — | NSE: 0.00297% BSE*: As Per The Stock Group | NSE: 0.00307% | BSE: 0.00375% |
| Equity Intraday | — | NSE: 0.00297% BSE*: As Per The Stock Group | NSE: 0.00307% | BSE: 0.00375% |
| Equity Futures | — | NSE: 0.00173% BSE: 0 | NSE: 0.00183% | BSE: 0 |
| Equity Options | — | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% | NSE: 0.03553% (on premium) | BSE: 0.0325% (on premium) |
| Currency Futures | — | NSE: 0.00035% BSE: 0.00045% | — |
| Currency Options | — | NSE: 0.0311% BSE: 0.001% | — |
| Commodity | — | MCX 0.0418% NCDEX Options 0.03% | 0.0418% on Premium |
Account Features
These are the notable distinctions in the account features of Lemonn, Angel One, and ICICI Direct when compared.
| Account Features | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| 3-in-1 Account | No | No | Yes |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | Yes | 3:20 PM |
| NRI Trading | No | Yes | Yes |
Trading Platforms
The trading platforms comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their offerings. Lemonn, Angel One and ICICI Direct provide web trading platforms and mobile trading platforms.
| Trading Platforms | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Lemonn | Yes | ICICI Direct |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | Download | Yes | |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Nil | Zero | Nil |
Broker Ratings
The broker ratings comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while Angel One offers 4.4 and ICICI Direct features 4.3.
| Broker Ratings | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Fees Ratings | 4 | 4.4 | 4.3 |
| Trading Brokerage Rating | 4 | 4.4 | 4.4 |
| Trading Platform Usability | 4 | 4.3 | 4.4 |
| Customer Service Ratings | 4 | 4.4 | 4.3 |
| Overall Ratings | 4 | 4.4 | 4.3 |
Investment Offerings
This comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their investment offerings. Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and ICICI Direct provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | Yes |
| Insurance | No | No | Yes |
| Forex | Yes | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | No | Yes | Yes |
| Other Investment Options | Yes | Yes | Yes |
Customer Support Offered
This comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their customer support offerings. Lemonn provides No Customer Service, while Angel One offers Yes and ICICI Direct features Yes.
| Customer Support Offered | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| 24/7 Customer Service | No | Yes | Yes |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | — | — |
| Through Branches | Yes | — | — |
| Customer Care Number | +918035769929 | 18001020 | 022 3355 1122 |
| Account Opening Process | Online | Online/Paperless | Online/Offline |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | — | https://www.angelone.in/knowledge-center | — |
| Head Office Address | Galaxy, Unit No. 603, A Wing, Everest Grand, Mahakali Caves Road, Opp. Ahura Centre, Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093 | 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai – 400093 | ICICI Venture House, |
| Website | https://lemonn.co.in/ | https://www.angelone.in/ | https://www.icicidirect.com/ |
Research and Reports
The research and reports comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their offerings.
| Research and Reports | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | Yes | Yes | Yes |
| Daily Market Report | Yes | Yes | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | Yes | Yes | Yes |
| News Alerts | Yes | Yes | Yes |
Demat Account Charges
This comparison between Lemonn, Angel One, and ICICI Direct reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while Angel One offers CDSL and ICICI Direct features NSDL & CDSL.
| Demat Account Charges | Lemonn | Angel One | ICICI Direct |
|---|---|---|---|
| DP Source | CDSL | CDSL | NSDL & CDSL |
| DP ID | 96400 | 384-2018 | — |
| Demat Account Annual Maintenance Charges (AMC) | ₹250 + GST per year | ₹2950 Lifetime AMC | Rs 700 |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | — | — |
| Demat | ₹150 per certification + courier fees | — | ₹50 |
| Remat | ₹150 per certification + courier fees | — | ₹25 + CDSL charges |
| Pledge Creation | ₹20 per ISIN | ₹20 + GST | ₹25 + GST |
| Pledge Creation Confirmation | ₹20 per ISIN | Yes | ₹25 + GST |
| Pledge Closure | ₹20 per ISIN | ₹20 + GST | ₹25 + GST |
| Pledge Closure Confirmation | ₹20 per ISIN | Yes | ₹25 + GST |
| Pledge Invocation | ₹20 per ISIN | ₹20 + GST | ₹25 + GST |
| Failed Instruction Charges | ₹13.5 + GST | - | NA |
| Other Charges | No | - | NA |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Lemonn |
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| Angel One |
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| ICICI Direct |
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Frequently Asked Questions
The account opening charges vary significantly: Lemonn charges Not specified, Angel One charges Zero, and ICICI Direct charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.
Brokerage charges differ across platforms: Lemonn offers ₹20 per executed order for equity intraday, Angel One provides ₹20 or 0.03%, and ICICI Direct charges 0.022% or 0.007%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.
All three brokers provide diverse investment opportunities: Lemonn offers 4, Angel One provides 4, and ICICI Direct features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Lemonn has 4 support, Angel One offers 4, and ICICI Direct provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: Lemonn with 4, Angel One with 4.3, and ICICI Direct with 4.4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.
Yes, mutual fund and stock investing is available across all platforms: Lemonn (Yes), Angel One (Yes), and ICICI Direct (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.
For beginners, the choice depends on specific needs: Lemonn offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and ICICI Direct combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.
All three brokers offer robust mobile trading apps with different strengths: Lemonn focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while ICICI Direct balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
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