The comparison between Lemonn, HDFC Securities, and M.Stock 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 Hdfc Securities stands out for offering competitive brokerage rates and an advanced mobile trading platform. M Stock provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 15 Lakhs, and 5,02,584 users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, HDFC Securities, and M.Stock helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while HDFC Securities offers 4 and M.Stock features 4.5.
| Services / Features | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE, MCX | NSE, BSE |
| Active Clients | 8.27 Lakhs | 15 Lakhs | 5,02,584 |
| Broker Overview | Lemonn Review | HDFC Securities Review | m.Stock Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Lemonn, HDFC Securities, and M.Stock reveal significant differences in their offerings. Lemonn provides N/A trading and demat account opening, while HDFC Securities offers Rs 999 and M.Stock features Zero.
| Account Opening Charges and AMC | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Trading Account Opening | — | Rs 999 | Zero |
| Trading AMC | — | — | ₹880 |
| Demat Account Opening | — | Rs 999 | Zero |
| Demat AMC | ₹250 + GST per year | Rs 750 | ₹880 |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their offerings. Lemonn provides - plans, while HDFC Securities offers - and M.Stock features No.
| Brokerage Plans | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Multiple Plans | - | - | No |
| Monthly Plans | - | - | No |
| Yearly Plans | - | - | No |
Brokerage Charges
This comparison between Lemonn, HDFC Securities, and M.Stock 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. HDFC Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options. M.Stock charges Zero brokerage on equity delivery and intraday, ₹5 per order for futures, and ₹5 per order for options.
| Brokerage Charges | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | ₹20 per executed order | Zero | |
| Equity Intraday | ₹20 per executed order | ₹5 per order | |
| Equity Futures | ₹20 per executed order | ₹5 per order | |
| Equity Options | ₹20 per executed order | ₹5 per order | |
| Currency Futures | - | ||
| Currency Options | - | ||
| Commodity Futures | |||
| Commodity Options | |||
| Hidden Charges | No | No | No |
| Call & Trade Charges | ₹50 per ISIN | 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) | Zero |
| Auto Square Off Charges | ₹50 per ISIN | 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) | ₹40 per executed order + GST |
| Brokerage Calculator |
Transactions Charges
This comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their transactions. Lemonn provides N/A for Transaction Charges Equity Delivery, while HDFC Securities offers NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) and M.Stock features NSE: 0.00297% BSE: 0.00375%.
| Transactions Charges | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Equity Delivery | — | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE: 0.00297% BSE: 0.00375% |
| Equity Intraday | — | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE: 0.00297% BSE: 0.00375% |
| Equity Futures | — | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 | NSE: 0.00173% BSE: 0 |
| Equity Options | — | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) | NSE: 0.03503% (on premium) BSE: 0.0325% (on premium) |
| Currency Futures | — | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) | - |
| Currency Options | — | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) | - |
| Commodity | — | — | - |
Account Features
These are the notable distinctions in the account features of Lemonn, HDFC Securities, and M.Stock when compared.
| Account Features | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| 3-in-1 Account | No | Yes | 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 | 3:20 PM |
| NRI Trading | No | Yes | No |
Trading Platforms
The trading platforms comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their offerings. Lemonn, HDFC Securities and M.Stock provide web trading platforms and mobile trading platforms.
| Trading Platforms | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Lemonn | HDFC Securities | m.Stock |
| 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 | Download |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Nil | Nil | Zero |
Broker Ratings
The broker ratings comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while HDFC Securities offers 4.3 and M.Stock features 4.5.
| Broker Ratings | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Fees Ratings | 4 | 4.3 | 4.5 |
| Trading Brokerage Rating | 4 | 3.9 | 4.5 |
| Trading Platform Usability | 4 | 4.0 | 4.5 |
| Customer Service Ratings | 4 | 4.3 | 4.4 |
| Overall Ratings | 4 | 4.2 | 4.5 |
Investment Offerings
This comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their investment offerings. Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while HDFC Securities provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and M.Stock provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities.
| Investment Offerings | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | No |
| Commodity | Yes | Yes | No |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | Yes | No |
| Insurance | No | Yes | No |
| Forex | Yes | Yes | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | No | Yes | No |
| Other Investment Options | Yes | Yes | No |
Customer Support Offered
This comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their customer support offerings. Lemonn provides No Customer Service, while HDFC Securities offers Yes and M.Stock features No.
| Customer Support Offered | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| 24/7 Customer Service | No | Yes | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | PMS Service |
| Toll Free Number | No | Yes | 1800 2100 818 |
| Through Branches | Yes | Yes | — |
| Customer Care Number | +918035769929 | 022-6246 5555 | 1800 2100 818 |
| Account Opening Process | Online | Online/Offline | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | — | — | https://www.mstock.com/mlearn |
| Head Office Address | Galaxy, Unit No. 603, A Wing, Everest Grand, Mahakali Caves Road, Opp. Ahura Centre, Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093 | HDFC Securities Limited, | 1st Floor, Tower 4, Equinox Business Park, |
| Website | https://lemonn.co.in/ | https://www.hdfcsec.com/ | https://www.mstock.com/ |
Research and Reports
The research and reports comparison between Lemonn, HDFC Securities, and M.Stock reveals significant differences in their offerings.
| Research and Reports | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| 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, HDFC Securities, and M.Stock reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while HDFC Securities offers CDSL & NSDL and M.Stock features CDSL.
| Demat Account Charges | Lemonn | HDFC Securities | M.Stock |
|---|---|---|---|
| DP Source | CDSL | CDSL & NSDL | CDSL |
| DP ID | 96400 | CDSL DP ID: 12086700 | NSDL DP ID: IN304279 | 12092900 |
| Demat Account Annual Maintenance Charges (AMC) | ₹250 + GST per year | Rs 750 | ₹1,299 + GST for Lifetime |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | — | — |
| Demat | ₹150 per certification + courier fees | Rs 5 per certificate + Rs 35 per Dematerialisation request submitted | Zero |
| Remat | ₹150 per certification + courier fees | Rs 30 per request + CDSL actuals | Zero |
| Pledge Creation | ₹20 per ISIN | Nil | Zero |
| Pledge Creation Confirmation | ₹20 per ISIN | — | Yes |
| Pledge Closure | ₹20 per ISIN | — | ₹32 per day (+GST) |
| Pledge Closure Confirmation | ₹20 per ISIN | — | Yes |
| Pledge Invocation | ₹20 per ISIN | — | ₹32 per day (+GST) |
| Failed Instruction Charges | ₹13.5 + GST | Nil | Zero |
| Other Charges | No | — | Zero |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Lemonn |
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| HDFC Securities |
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| M.Stock |
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Frequently Asked Questions
The account opening charges vary significantly: Lemonn charges Not specified, HDFC Securities charges Rs 999, and M.Stock 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, HDFC Securities provides Not specified, and M.Stock charges ₹5 per order. 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, HDFC Securities provides 4, and M.Stock features 4.4. 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, HDFC Securities offers 4, and M.Stock provides 4.4. 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, HDFC Securities with 4.0, and M.Stock with 4.5. 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), HDFC Securities (Yes), and M.Stock (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, HDFC Securities provides competitive pricing with intuitive interfaces, and M.Stock 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, HDFC Securities emphasizes advanced charting and analysis tools, while M.Stock balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
Stock Broker Review
Lemonn
HDFC Securities
