The comparison between Mirae Asset Sharekhan, Fyers, and Lemonn highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Fyers stands out for offering competitive brokerage rates and an advanced mobile trading platform. Lemonn provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, 3.01 Lakh, and 8.27 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, Fyers, and Lemonn helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while Fyers offers 4 and Lemonn features 4.
| Services / Features | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE, MCX | NSE, BSE |
| Active Clients | 31 lakh | 3.01 Lakh | 8.27 Lakhs |
| Broker Overview | Mirae Asset Sharekhan Review | Fyers Review | Lemonn Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while Fyers offers N/A and Lemonn features N/A.
| Account Opening Charges and AMC | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Trading Account Opening | — | — | — |
| Trading AMC | — | — | — |
| Demat Account Opening | — | — | — |
| Demat AMC | ₹ 400 | — | ₹250 + GST per year |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while Fyers offers - and Lemonn features -.
| Brokerage Plans | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Multiple Plans | - | - | - |
| Monthly Plans | - | - | - |
| Yearly Plans | - | - | - |
Brokerage Charges
This comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their brokerage charges. 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. Fyers charges ₹20 or 0.03% per executed order brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options. 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.
| Brokerage Charges | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | 0.30% on trade price or minimum 1 paisa per share | ₹20 or 0.03% per executed order | ₹20 per executed order |
| Equity Intraday | 0.02% on trade price or minimum 1 paisa per share | ₹20 or 0.03% per executed order | ₹20 per executed order |
| Equity Futures | 0.02% per transaction value (each side) | ₹20 or 0.03% per executed order | ₹20 per executed order |
| Equity Options | ₹39 per lot (each side) | ₹20 per executed order | ₹20 per executed order |
| Currency Futures | 0.02% per transaction value (each side) | ₹20 or 0.03% per executed order | |
| Currency Options | ₹5 per lot (each side) | ₹20 per executed order | |
| Commodity Futures | 0.10% (one side) | ₹20 per executed order | |
| Commodity Options | 1% on premium or ₹150, whichever is higher | ₹20 per executed order | |
| Hidden Charges | No | No | No |
| Call & Trade Charges | NA | ₹50 + GST per executed order | ₹50 per ISIN |
| Auto Square Off Charges | ₹50 per order | ₹50 + GST per executed order | ₹50 per ISIN |
| Brokerage Calculator |
Transactions Charges
This comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while Fyers offers NSE: 0.00297% | BSE: 0.00375% and Lemonn features N/A.
| Transactions Charges | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Equity Delivery | NSE: 0.00297% | 0.00375% | NSE: 0.00297% | BSE: 0.00375% | — |
| Equity Intraday | NSE: 0.00297% | 0.00375% | NSE: 0.00297% | BSE: 0.00375% | — |
| Equity Futures | NSE: 0.00173% | NSE: 0.00173% | — |
| Equity Options | NSE: 0.03503% on Premium | NSE: 0.03503% | — |
| Currency Futures | NSE: 0.00035% | NSE: 0.00035% | BSE: 0.00045% | — |
| Currency Options | NSE: 0.0311% | NSE: 0.0311% | BSE: 0.001% | — |
| Commodity | 0.0418% | MCX- Non-Agri: 0.0418% | — |
Account Features
These are the notable distinctions in the account features of Mirae Asset Sharekhan, Fyers, and Lemonn when compared.
| Account Features | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| 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 | 3:20 PM |
| NRI Trading | Yes | Yes | No |
Trading Platforms
The trading platforms comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their offerings. Mirae Asset Sharekhan, Fyers and Lemonn provide web trading platforms and mobile trading platforms.
| Trading Platforms | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Fyers Web Trading | Lemonn | |
| 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 Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while Fyers offers 4 and Lemonn features 4.
| Broker Ratings | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| Fees Ratings | 4.3 | 4 | 4 |
| Trading Brokerage Rating | 4.3 | 4 | 4 |
| Trading Platform Usability | 4,3 | 4 | 4 |
| Customer Service Ratings | 4.2 | 4 | 4 |
| Overall Ratings | 4.3 | 4 | 4 |
Investment Offerings
This comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Fyers provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Lemonn provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| 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 | Yes | Yes | No |
| Other Investment Options | Yes | Yes | Yes |
Customer Support Offered
This comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while Fyers offers No and Lemonn features No.
| Customer Support Offered | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| 24/7 Customer Service | Yes | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | — | No | No |
| Through Branches | Yes | No | Yes |
| Customer Care Number | 02241683500 | 080-60001111 | +918035769929 |
| Account Opening Process | Online/Paperless | Online | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | https://www.sharekhan.com/learn-and-grow | — | — |
| Head Office Address | Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070, Maharashtra, India. | Brigade Magnum, | Galaxy, Unit No. 603, A Wing, Everest Grand, Mahakali Caves Road, Opp. Ahura Centre, Andheri East, Chakala Midc, Mumbai, Maharashtra – 400093 |
| Website | https://www.sharekhan.com/ | https://fyers.in/ | https://lemonn.co.in/ |
Research and Reports
The research and reports comparison between Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their offerings.
| Research and Reports | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| 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 Mirae Asset Sharekhan, Fyers, and Lemonn reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while Fyers offers CDSL & NSDL and Lemonn features CDSL.
| Demat Account Charges | Mirae Asset Sharekhan | Fyers | Lemonn |
|---|---|---|---|
| DP Source | NSDL & CDSL | CDSL & NSDL | CDSL |
| DP ID | NSDL - 300513 | CDSL - 12036000 | CDSL: 12089400 | NSDL: IN304502 | 96400 |
| Demat Account Annual Maintenance Charges (AMC) | ₹ 400 | — | ₹250 + GST per year |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | — | — |
| Demat | ₹ 5 per share certificate (minimum ₹ 50 per request) | — | ₹150 per certification + courier fees |
| Remat | ₹ 50 per certificate or ₹ 50 for every hundred securities | ₹10/- per certificate | ₹150 per certification + courier fees |
| Pledge Creation | ₹ 20 per transaction | ₹5 | ₹20 per ISIN |
| Pledge Creation Confirmation | NA | - | ₹20 per ISIN |
| Pledge Closure | ₹ 20 per transaction | ₹5 | ₹20 per ISIN |
| Pledge Closure Confirmation | NA | - | ₹20 per ISIN |
| Pledge Invocation | ₹ 20 per transaction | ₹5 | ₹20 per ISIN |
| Failed Instruction Charges | — | — | ₹13.5 + GST |
| Other Charges | — | - | No |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Mirae Asset Sharekhan |
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| Fyers |
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| Lemonn |
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Frequently Asked Questions
The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, Fyers charges Not specified, and Lemonn 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: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, Fyers provides ₹20 or 0.03% per executed order, and Lemonn charges ₹20 per executed 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: Mirae Asset Sharekhan offers 4, Fyers provides 4, and Lemonn features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Mirae Asset Sharekhan has 4 support, Fyers offers 4, and Lemonn 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: Mirae Asset Sharekhan with 4,3, Fyers with 4, and Lemonn 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: Mirae Asset Sharekhan (Yes), Fyers (Yes), and Lemonn (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: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, Fyers provides competitive pricing with intuitive interfaces, and Lemonn 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: Mirae Asset Sharekhan focuses on intuitive design and quick execution, Fyers emphasizes advanced charting and analysis tools, while Lemonn 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
Mirae Asset Sharekhan
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