The comparison between Lemonn, Motilal Oswal, and Rupeezy 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 Motilal Oswal stands out for offering competitive brokerage rates and an advanced mobile trading platform. Rupeezy provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 8.27 Lakhs, 10.2 Lakhs, and 32000 users respectively, reflecting their popularity among investors. Overall, this comparison of Lemonn, Motilal Oswal, and Rupeezy helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their offerings. Lemonn provides 4 for Overall Rating, while Motilal Oswal offers 4 and Rupeezy features 4.
| Services / Features | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 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 | 10.2 Lakhs | 32000 |
| Broker Overview | Lemonn Review | Motilal Oswal Review | Rupeezy Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Lemonn, Motilal Oswal, and Rupeezy reveal significant differences in their offerings. Lemonn provides N/A trading and demat account opening, while Motilal Oswal offers N/A and Rupeezy features Zero.
| Account Opening Charges and AMC | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| Trading Account Opening | — | — | Zero |
| Trading AMC | — | — | — |
| Demat Account Opening | — | — | — |
| Demat AMC | ₹250 + GST per year | ₹199 per year | ₹25 + GST Monthly |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their offerings. Lemonn provides - plans, while Motilal Oswal offers - and Rupeezy features No.
| Brokerage Plans | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| Multiple Plans | - | - | No |
| Monthly Plans | - | - | No |
| Yearly Plans | - | - | No |
Brokerage Charges
This comparison between Lemonn, Motilal Oswal, and Rupeezy 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. Motilal Oswal charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and ₹20 per lot for options. Rupeezy charges 0.1% brokerage on equity delivery and intraday, ₹20 / order for futures, and ₹20 / order for options.
| Brokerage Charges | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | ₹20 per executed order | 0.20% | 0.1% |
| Equity Intraday | ₹20 per executed order | Rs 0 (Free for lifetime) | ₹20 or 0.1% |
| Equity Futures | ₹20 per executed order | 0.02% | ₹20 / order |
| Equity Options | ₹20 per executed order | ₹20 per lot | ₹20 / order |
| Currency Futures | ₹20 per lot | 0.1% buy & sell | |
| Currency Options | ₹20 per lot | ₹20 or 0.1% (lower) | |
| Commodity Futures | 0.02% | ₹20 / order | |
| Commodity Options | Rs 200 Per Lot | ₹20 / order | |
| Hidden Charges | No | No | No |
| Call & Trade Charges | ₹50 per ISIN | ₹25 + GST | ₹25 per order + GST |
| Auto Square Off Charges | ₹50 per ISIN | ₹25 + GST | ₹25 per order + GST |
| Brokerage Calculator |
Transactions Charges
This comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their transactions. Lemonn provides N/A for Transaction Charges Equity Delivery, while Motilal Oswal offers NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) and Rupeezy features NSE: 0.00297% | BSE: 0.00375%.
| Transactions Charges | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 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%) (sell side) | NSE: 0.00297% | BSE: 0.00375% |
| Equity Futures | — | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 | NSE: 0.0019% | BSE: 0 |
| Equity Options | — | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) | NSE: 0.03503% (premium) | BSE: 0.0325% (premium) |
| Currency Futures | — | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) | NSE: 0.00297% | BSE: 0.00375% |
| Currency Options | — | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE: 0.00297% | BSE: 0.00375% |
| Commodity | — | — | Exchange: 0.0418% |
Account Features
These are the notable distinctions in the account features of Lemonn, Motilal Oswal, and Rupeezy when compared.
| Account Features | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 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 | Yes | Yes |
Trading Platforms
The trading platforms comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their offerings. Lemonn, Motilal Oswal and Rupeezy provide web trading platforms and mobile trading platforms.
| Trading Platforms | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Lemonn | Motilal Oswal | Rupeezy |
| 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 | Zero | Nil |
Broker Ratings
The broker ratings comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their offerings. Lemonn provides 4 for Fees Ratings, while Motilal Oswal offers 4.3 and Rupeezy features 4.
| Broker Ratings | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| Fees Ratings | 4 | 4.3 | 4 |
| Trading Brokerage Rating | 4 | 4.3 | 4 |
| Trading Platform Usability | 4 | 4.3 | 4 |
| Customer Service Ratings | 4 | 4.3 | 4 |
| Overall Ratings | 4 | 4.3 | 4 |
Investment Offerings
This comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their investment offerings. Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Motilal Oswal provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Rupeezy provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 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 | No |
| Insurance | No | No | No |
| Forex | Yes | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | No | Yes | No |
| Other Investment Options | Yes | Yes | Yes |
Customer Support
The comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their Customer Support. Lemonn provides No, while Motilal Oswal offers Yes and Rupeezy features No.
| Customer Support | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 24/7 Customer Service | No | Yes | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | 022 40548383 | No |
| Through Branches | Yes | — | Yes |
| Customer Care Number | +918035769929 | +91 9769972825 | 07556693322 |
| Account Opening Process | Online | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | — | https://www.motilaloswal.com/news | https://rupeezy.in/blog |
| Head Office Address |
Galaxy, Unit No. 603, A Wing, Everest Grand, Mahakali Caves Road, Opp. Ahura Centre, Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai – 400025 |
Astha Credit & Securities Pvt Ltd F-01,138/42, Usha Preet, Malviya Nagar, Bhopal (MP) 462003 |
| Website | https://lemonn.co.in/ | https://www.motilaloswal.com/ | https://rupeezy.in/ |
Research and Reports
The research and reports comparison between Lemonn, Motilal Oswal, and Rupeezy reveals significant differences in their offerings.
| Research and Reports | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| 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, Motilal Oswal, and Rupeezy reveals significant differences in their demat account charges. Lemonn provides CDSL for DP Source, while Motilal Oswal offers CDSL & NSDL and Rupeezy features NSDL & CDSL.
| Demat Account Charges | Lemonn | Motilal Oswal | Rupeezy |
|---|---|---|---|
| DP Source | CDSL | CDSL & NSDL | NSDL & CDSL |
| DP ID | 96400 | 16-2015 | NSDL-IN303420 | CDSL-94500 |
| Demat Account Annual Maintenance Charges (AMC) | ₹250 + GST per year | Rs 199 | Rs 300 per year |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | 0.025% or Rs 30 | — |
| Demat | ₹150 per certification + courier fees | Rs 100 per certificate + Rs 50 per certificate | — |
| Remat | ₹150 per certification + courier fees | Rs 35 per certificate + 25 courier charges | — |
| Pledge Creation | ₹20 per ISIN | Rs 35 or 0.02% | ₹25 + GST |
| Pledge Creation Confirmation | ₹20 per ISIN | Nil | ₹25 + GST |
| Pledge Closure | ₹20 per ISIN | Rs 35 or 0.02% | ₹25 + GST |
| Pledge Closure Confirmation | ₹20 per ISIN | Nil | ₹25 + GST |
| Pledge Invocation | ₹20 per ISIN | Rs 35 or 0.02% | ₹25 + GST |
| Failed Instruction Charges | ₹13.5 + GST | Nil | Nil |
| Other Charges | No | Demat Rejection: Rs 50 per request | Nil |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Lemonn |
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| Motilal Oswal |
|
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| Rupeezy |
|
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User Experience: Buying Stocks
Lemonn – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20 per executed order, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4/5.
Market Presence: Around 8.27 Lakhs active clients use this broker.
Motilal Oswal – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is Rs 0 (Free for lifetime), and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.3/5.
Market Presence: Around 10.2 Lakhs active clients use this broker.
Rupeezy – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20 or 0.1%, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4/5.
Market Presence: Around 32000 active clients use this broker.
Frequently Asked Questions
The account opening charges vary significantly: Lemonn charges Not specified, Motilal Oswal charges Not specified, and Rupeezy 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, Motilal Oswal provides Rs 0 (Free for lifetime), and Rupeezy charges ₹20 or 0.1%. 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, Motilal Oswal provides 4, and Rupeezy 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, Motilal Oswal offers 4, and Rupeezy provides 3. 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, Motilal Oswal with 4.3, and Rupeezy with 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), Motilal Oswal (Yes), and Rupeezy (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, Motilal Oswal provides competitive pricing with intuitive interfaces, and Rupeezy 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, Motilal Oswal emphasizes advanced charting and analysis tools, while Rupeezy 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
Motilal Oswal