Lemonn Vs Mirae Asset Sharekhan Vs Hdfc Securities Comparison

The comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities 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 Mirae Asset Sharekhan stands out for offering competitive brokerage rates and an advanced mobile trading platform. Hdfc Securities provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 31 lakh, and 15 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, Mirae Asset Sharekhan, and HDFC Securities helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Mirae Asset Sharekhan offers 4 and HDFC Securities features 4.

Services / FeaturesLemonnMirae Asset SharekhanHDFC Securities
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, MCX NSE, BSE, MCX
Active Clients 8.27 Lakhs 31 lakh 15 Lakhs
Broker Overview Lemonn Review Mirae Asset Sharekhan Review HDFC Securities Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveal significant differences in their offerings. Lemonn provides N/A trading and demat account opening, while Mirae Asset Sharekhan offers N/A and HDFC Securities features Rs 999.

Account Opening Charges and AMCLemonnMirae Asset SharekhanHDFC Securities
Trading Account Opening Rs 999
Trading AMC
Demat Account Opening Rs 999
Demat AMC ₹250 + GST per year ₹ 400 Rs 750
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their offerings. Lemonn provides - plans, while Mirae Asset Sharekhan offers - and HDFC Securities features -.

Brokerage PlansLemonnMirae Asset SharekhanHDFC Securities
Multiple Plans - - -
Monthly Plans - - -
Yearly Plans - - -

Brokerage Charges

This comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities 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. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. HDFC Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options.

Brokerage ChargesLemonnMirae Asset SharekhanHDFC Securities
Plan Name - - -
Equity Delivery ₹20 per executed order 0.30% on trade price or minimum 1 paisa per share
Equity Intraday ₹20 per executed order 0.02% on trade price or minimum 1 paisa per share
Equity Futures ₹20 per executed order 0.02% per transaction value (each side)
Equity Options ₹20 per executed order ₹39 per lot (each side)
Currency Futures 0.02% per transaction value (each side)
Currency Options ₹5 per lot (each side)
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No No No
Call & Trade Charges ₹50 per ISIN NA 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
Auto Square Off Charges ₹50 per ISIN ₹50 per order 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
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Transactions Charges

This comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their transactions. Lemonn provides N/A for Transaction Charges Equity Delivery, while Mirae Asset Sharekhan offers NSE: 0.00297% | 0.00375% and HDFC Securities features NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side).

Transactions ChargesLemonnMirae Asset SharekhanHDFC Securities
Equity Delivery NSE: 0.00297% | 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Intraday NSE: 0.00297% | 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Futures NSE: 0.00173% NSE Rs 173 per Cr (0.00173%) | BSE Rs 0
Equity Options NSE: 0.03503% on Premium NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium)
Currency Futures NSE: 0.00035% NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%)
Currency Options NSE: 0.0311% NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity 0.0418%

Account Features

These are the notable distinctions in the account features of Lemonn, Mirae Asset Sharekhan, and HDFC Securities when compared.

Account FeaturesLemonnMirae Asset SharekhanHDFC Securities
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 3:20 PM 3:20 PM
NRI Trading No Yes Yes

Trading Platforms

The trading platforms comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their offerings. Lemonn, Mirae Asset Sharekhan and HDFC Securities provide web trading platforms and mobile trading platforms.

Trading PlatformsLemonnMirae Asset SharekhanHDFC Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail Lemonn HDFC Securities
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
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Nil Nil

Broker Ratings

The broker ratings comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while Mirae Asset Sharekhan offers 4.3 and HDFC Securities features 4.3.

Broker RatingsLemonnMirae Asset SharekhanHDFC Securities
Fees Ratings 4 4.3 4.3
Trading Brokerage Rating 4 4.3 3.9
Trading Platform Usability 4 4,3 4.0
Customer Service Ratings 4 4.2 4.3
Overall Ratings 4 4.3 4.2

Investment Offerings

This comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their investment offerings. Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and HDFC Securities provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsLemonnMirae Asset SharekhanHDFC Securities
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, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their customer support offerings. Lemonn provides No Customer Service, while Mirae Asset Sharekhan offers Yes and HDFC Securities features Yes.

Customer Support OfferedLemonnMirae Asset SharekhanHDFC Securities
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 Yes
Customer Care Number +918035769929 02241683500 022-6246 5555
Account Opening Process Online Online/Paperless Online/Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow
Head Office Address

Galaxy, Unit No. 603, A Wing, Everest Grand,

Mahakali Caves Road, Opp. Ahura Centre,

Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093

Sharekhan Limited, 1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

HDFC Securities Limited,
Unit No. 1602, 16th Floor, Tower A,
Peninsula Business Park,
Senapati Bapat Marg,
Lower Parel,
Mumbai 400 013, India

Website https://lemonn.co.in/ https://www.sharekhan.com/ https://www.hdfcsec.com/

Research and Reports

The research and reports comparison between Lemonn, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their offerings.

Research and ReportsLemonnMirae Asset SharekhanHDFC Securities
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, Mirae Asset Sharekhan, and HDFC Securities reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while Mirae Asset Sharekhan offers NSDL & CDSL and HDFC Securities features CDSL & NSDL.

Demat Account ChargesLemonnMirae Asset SharekhanHDFC Securities
DP Source CDSL NSDL & CDSL CDSL & NSDL
DP ID 96400 NSDL - 300513 | CDSL - 12036000 CDSL DP ID: 12086700 | NSDL DP ID: IN304279
Demat Account Annual Maintenance Charges (AMC) ₹250 + GST per year ₹ 400 Rs 750
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN)
Demat ₹150 per certification + courier fees ₹ 5 per share certificate (minimum ₹ 50 per request) Rs 5 per certificate + Rs 35 per Dematerialisation request submitted
Remat ₹150 per certification + courier fees ₹ 50 per certificate or ₹ 50 for every hundred securities Rs 30 per request + CDSL actuals
Pledge Creation ₹20 per ISIN ₹ 20 per transaction Nil
Pledge Creation Confirmation ₹20 per ISIN NA
Pledge Closure ₹20 per ISIN ₹ 20 per transaction
Pledge Closure Confirmation ₹20 per ISIN NA
Pledge Invocation ₹20 per ISIN ₹ 20 per transaction
Failed Instruction Charges ₹13.5 + GST Nil
Other Charges No

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
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues
HDFC Securities
  • Strong brand & credibility
  • 3-in-1 account convenience
  • Wide range of investment & advisory services
  • Good for long-term/investment investors
  • Regulatory & security setup
  • Higher brokerage/fees compared to discount brokers
  • Not the lowest cost for intraday/frequent trading
  • Platform/user experience issues raised by some users
  • Reported user-experience/support issues
  • Feature gaps/cost-benefit for certain segments

Frequently Asked Questions

The account opening charges vary significantly: Lemonn charges Not specified, Mirae Asset Sharekhan charges Not specified, and HDFC Securities charges Rs 999. 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, Mirae Asset Sharekhan provides 0.02% on trade price or minimum 1 paisa per share, and HDFC Securities charges Not specified. 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, Mirae Asset Sharekhan provides 4, and HDFC Securities 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, Mirae Asset Sharekhan offers 4, and HDFC Securities 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, Mirae Asset Sharekhan with 4,3, and HDFC Securities with 4.0. 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), Mirae Asset Sharekhan (Yes), and HDFC Securities (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, Mirae Asset Sharekhan provides competitive pricing with intuitive interfaces, and HDFC Securities 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, Mirae Asset Sharekhan emphasizes advanced charting and analysis tools, while HDFC Securities 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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