Lemonn Vs Dhan Vs Angel One Comparison

The comparison between Lemonn, Dhan, and Angel One 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 Dhan stands out for offering competitive brokerage rates and an advanced mobile trading platform. Angel One provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 982,814, and 3.46 crore users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, Dhan, and Angel One helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Lemonn, Dhan, and Angel One reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Dhan offers 4.4 and Angel One features 4.5.

Services / FeaturesLemonnDhanAngel One
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX NSE, BSE
Active Clients 8.27 Lakhs 982,814 3.46 crore
Broker Overview Lemonn Review Dhan Review Angel One Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Lemonn, Dhan, and Angel One reveal significant differences in their offerings. Lemonn provides N/A trading and demat account opening, while Dhan offers Free and Angel One features Zero.

Account Opening Charges and AMCLemonnDhanAngel One
Trading Account Opening Free Zero
Trading AMC Zero ₹500 per year
Demat Account Opening Free Zero
Demat AMC ₹250 + GST per year Zero ₹500 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Lemonn, Dhan, and Angel One reveals significant differences in their offerings. Lemonn provides - plans, while Dhan offers No and Angel One features -.

Brokerage PlansLemonnDhanAngel One
Multiple Plans - No -
Monthly Plans - No -
Yearly Plans - No -

Brokerage Charges

This comparison between Lemonn, Dhan, and Angel One 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. Dhan charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% 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.

Brokerage ChargesLemonnDhanAngel One
Plan Name - -
Equity Delivery ₹20 per executed order Zero ₹20 or 0.1%
Equity Intraday ₹20 per executed order ₹20 or 0.03% per executed order ₹20 or 0.03%
Equity Futures ₹20 per executed order ₹20 or 0.03% per executed order ₹20
Equity Options ₹20 per executed order ₹20 per executed order ₹20
Currency Futures NA ₹20
Currency Options NA ₹20
Commodity Futures
Commodity Options
Hidden Charges No Zero No
Call & Trade Charges ₹50 per ISIN ₹50 + GST ₹20 + GST
Auto Square Off Charges ₹50 per ISIN ₹20 + GST ₹20 + GST
Brokerage Calculator Dhan Brokerage Calculator

Transactions Charges

This comparison between Lemonn, Dhan, and Angel One reveals significant differences in their transactions. Lemonn provides N/A for Transaction Charges Equity Delivery, while Dhan offers BSE: 0.00375% NSE: 0.00297% and Angel One features NSE: 0.00297% BSE*: As Per The Stock Group.

Transactions ChargesLemonnDhanAngel One
Equity Delivery BSE: 0.00375% NSE: 0.00297% NSE: 0.00297% BSE*: As Per The Stock Group
Equity Intraday BSE: 0.00375% NSE: 0.00297% NSE: 0.00297% BSE*: As Per The Stock Group
Equity Futures NSE: 0.00173% BSE: 0 (Zero) NSE: 0.00173% BSE: 0
Equity Options NSE: 0.03503% (on premium) BSE (Index): 0.0325% (on premium) NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325%
Currency Futures NA NSE: 0.00035% BSE: 0.00045%
Currency Options NA NSE: 0.0311% BSE: 0.001%
Commodity NSE: 0.0001% MCX: 0.0021% MCX 0.0418% NCDEX Options 0.03%

Account Features

These are the notable distinctions in the account features of Lemonn, Dhan, and Angel One when compared.

Account FeaturesLemonnDhanAngel One
3-in-1 Account No No No
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 3:20 PM Yes
NRI Trading No No Yes

Trading Platforms

The trading platforms comparison between Lemonn, Dhan, and Angel One reveals significant differences in their offerings. Lemonn, Dhan and Angel One provide web trading platforms and mobile trading platforms.

Trading PlatformsLemonnDhanAngel One
Web Trading Platform Yes Yes Yes
Web Trading Detail Lemonn Dhan Yes
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 Download Yes
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Zero

Broker Ratings

The broker ratings comparison between Lemonn, Dhan, and Angel One reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while Dhan offers 4.5 and Angel One features 4.4.

Broker RatingsLemonnDhanAngel One
Fees Ratings 4 4.5 4.4
Trading Brokerage Rating 4 4.6 4.4
Trading Platform Usability 4 4.4 4.3
Customer Service Ratings 4 4.3 4.4
Overall Ratings 4 4.4 4.4

Investment Offerings

This comparison between Lemonn, Dhan, and Angel One reveals significant differences in their investment offerings. Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Dhan provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities and Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsLemonnDhanAngel One
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes No 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 No
Insurance No No No
Forex Yes No Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service No No Yes
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Lemonn, Dhan, and Angel One reveals significant differences in their customer support offerings. Lemonn provides No Customer Service, while Dhan offers Yes and Angel One features Yes.

Customer Support OfferedLemonnDhanAngel One
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 Yes
Through Branches Yes Yes
Customer Care Number +918035769929 (+91) 9987761000 18001020
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://dhan.co/blog/ 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

Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road,

Beside Patel Petrol Pump, Piramal Nagar,

Goregaon West, Mumbai – 400104

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Website https://lemonn.co.in/ https://dhan.co/ https://www.angelone.in/

Research and Reports

The research and reports comparison between Lemonn, Dhan, and Angel One reveals significant differences in their offerings.

Research and ReportsLemonnDhanAngel One
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, Dhan, and Angel One reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while Dhan offers CDSL and Angel One features CDSL.

Demat Account ChargesLemonnDhanAngel One
DP Source CDSL CDSL CDSL
DP ID 96400 289-2016 384-2018
Demat Account Annual Maintenance Charges (AMC) ₹250 + GST per year Zero ₹2950 Lifetime AMC
Advance Deposit No Zero No
Transaction Charges on Debit (Per ISIN)
Demat ₹150 per certification + courier fees ₹12.50 per instruction + GST
Remat ₹150 per certification + courier fees ₹12.50 per instruction + GST
Pledge Creation ₹20 per ISIN ₹15 per instruction + GST ₹20 + GST
Pledge Creation Confirmation ₹20 per ISIN Yes Yes
Pledge Closure ₹20 per ISIN ₹15 per instruction + GST ₹20 + GST
Pledge Closure Confirmation ₹20 per ISIN Yes Yes
Pledge Invocation ₹20 per ISIN ₹15 per instruction + GST ₹20 + GST
Failed Instruction Charges ₹13.5 + GST ₹100 + GST -
Other Charges No Zero -

Advantages and Disadvantages

BrokerProsCons
Lemonn
  • Powerful API and Developer-First Approach
  • Multi-Asset Trading on a Single Platform
  • No Custodian for Algo Trading
  • Not Beginner-Friendly
  • Limited Traditional Research and Educational Resources
  • Customer Support Can Be Technical
Dhan
  • Zero Account Opening & AMC
  • Low Brokerage
  • Multi-Asset Trading
  • Advanced Trading Tools
  • User-Friendly Mobile & Web Platforms
  • Integrated Mutual Funds & IPO Access
  • Margin Facility
  • Platform Learning Curve
  • Limited Offline Support
  • Hidden Statutory Charges
  • Initial Platform Bugs
  • Limited Research Reports
  • Not Ideal for Very High-Touch Clients
  • Feature Availability Varies
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders

Frequently Asked Questions

The account opening charges vary significantly: Lemonn charges Not specified, Dhan charges Free, and Angel One charges Zero. 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, Dhan provides ₹20 or 0.03% per executed order, and Angel One charges ₹20 or 0.03%. 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, Dhan provides 4.6, and Angel One 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, Dhan offers 4.3, and Angel One 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, Dhan with 4.4, and Angel One with 4.3. 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), Dhan (Yes), and Angel One (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, Dhan provides competitive pricing with intuitive interfaces, and Angel One 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, Dhan emphasizes advanced charting and analysis tools, while Angel One 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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