Lemonn App Review
Lemonn is revolutionizing the stock trading industry with its user-friendly app that offers zero brokerage fees, zero annual maintenance charges, and a seamless trading experience. Whether you are a beginner or an expert trader, Lemonn provides essential tools, live market updates.
Lemonn App provide you detailed stock analysis, advanced charts, and smooth UPI payments. With a 100% paperless onboarding process and SEBI registration for security, Lemonn is a top choice for hassle-free stock trading.
Founders of Lemonn
Lemonn was founded by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni under PeepalCo. The trio previously launched CoinSwitch, a well-known cryptocurrency exchange. Lemonn provides stock brokerage services through Nu Investors Technologies Pvt Ltd, making it PeepalCo’s second major venture in the financial space.
User Reviews & Ratings
Lemonn currently holds a 4.1/5 rating on app stores, with over 10,000 downloads and 107+ user reviews. While most users appreciate its zero brokerage fee, smooth interface, and trading tools, some have raised concerns regarding withdrawal processing times and UI bugs.
Lemonn App Review Not
Summary
Lemonn offers a modern and cost-effective stock trading experience with its zero brokerage fees, free account opening, and advanced trading tools. Its founders bring extensive experience from the cryptocurrency space, making Lemonn a trustworthy and innovative trading platform.
Key Features of Lemonn
1. Zero Brokerage & No Annual Maintenance Fees
Lemonn offers zero trading brokerage for the first three months and no charges for account opening, making stock trading more cost-effective.
2. Free Demat & Trading Account
Users can open a Demat and trading account for free, simplifying the onboarding process for new traders.
3. Simplified Stock Trading & Investments
Lemonn provides real-time market movements, allowing users to track stocks like NSE Nifty 50 and BSE Sensex. Detailed financial insights such as profit and loss statements, balance sheets, and cash flows help traders make informed decisions.
4. Fast & Secure UPI Payments
Lemonn integrates BHIM UPI for quick and secure transactions. Users can set up UPI PINs and track transactions within the app.
5. Advanced Trading Tools & Charts
With live stock prices of 3,000+ equities, Lemonn offers technical charts, indicators, research tools, and stock market updates to help traders analyze stocks efficiently.
6. 100% Paperless Account Opening
The one-time KYC verification process ensures a seamless and completely paperless account setup, allowing users to start trading instantly.
7. Safe & Secure (SEBI Registered)
Lemonn is registered with SEBI, ensuring compliance with financial regulations and providing users with a secure trading environment.
8. Play-to-Learn Feature
Lemonn includes a fun, interactive learning feature that helps users understand stock market concepts better.
9. Effortless Withdrawals
Users can withdraw funds quickly and easily, enhancing financial flexibility.
10. Expert Analysis & Research Tools
Lemonn offers high-quality market research and insights, helping traders make well-informed investment choices.
Pros & Cons of Lemonn
Pros:
Zero brokerage fees (for three months) and no account opening charges. - Quick and secure UPI transactions integrated with BHIM UPI.
- Comprehensive stock analysis with live market tracking and financial insights.
- User-friendly app with a simple and intuitive interface.
- SEBI registered, ensuring safety and security for users.
- Fun, educational features to enhance market knowledge.
Cons:
Brokerage fees after the free period may be high for some users. - UI glitches and missing features (e.g., candlestick charts) have been reported.
- Withdrawal delays have been an issue for some users.
- Referral benefits may not be credited as promised.
- Lack of clarity on detailed brokerage rates and additional charges.
- No chat support available for immediate assistance.
Lemonn App Pricing
Lemonn is a modern stock trading app that offers zero brokerage charges and no annual maintenance fees, aiming to simplify the investment process for both new and experienced investors.
Pricing Structure of Lemonn:
- Zero Brokerage Charges: Lemonn provides zero brokerage fees on stock delivery, intraday trading, futures, options, and commodities for the first year.
- Account Maintenance: Account maintenance is free for the first year. From the second year onwards, a fee of ₹250 + GST applies.
- Transaction Charges: For market and off-market sell transactions, there is a charge of ₹13.5 + GST per transaction.
Comparison with Competitors
Lemonn faces competition from several established stock trading platforms in India, including Groww, Angel One, and Upstox.
Here’s a comparison based on key parameters:
| Feature | Lemonn | Groww | Angel One | Upstox |
|---|---|---|---|---|
| Brokerage Charges | Zero brokerage for the first year; charges post-first year undisclosed | Zero brokerage on equity delivery; ₹20 or 0.05% per executed order on intraday and F&O trades | ₹20 per executed order or 0.25% (whichever is lower) on all segments | ₹20 per trade or 2.5% (whichever is lower) on all segments |
| Account Maintenance Fee | Free for the first year; ₹250 + GST from the second year | ₹25 per month | ₹240 per year | ₹25 per month |
| Platform Features | User-friendly interface, curated stock offerings, educational glossary | Simple interface, direct mutual fund investments | Advanced research tools, advisory services | Fast account opening, advanced charting tools |
Note: The above information is based on publicly available data as of March 2025. Users are advised to verify the latest charges and features directly from the respective platforms.
Customer Support
For any queries, users can reach out to Lemonn via: 
Email: support@lemonn.co.in
Phone: +91 8035769929
Address: 601, Heritage Plaza, 6th Floor, JP Road, Opp. Indian Oil Colony, Andheri (West), Mumbai-400058, Maharashtra, India
Conclusion
Lemonn offers a modern and cost-effective stock trading experience with its zero brokerage fees, free account opening, and advanced trading tools. Its founders bring extensive experience from the cryptocurrency space, making Lemonn a trustworthy and innovative trading platform. However, users should be aware of potential brokerage fees after the free period, occasional UI glitches, and withdrawal delays.
Should You Try Lemonn?
If you are looking for a budget-friendly, beginner-friendly, and feature-rich stock trading platform, Lemonn is a great choice. However, for long-term investors, it’s important to evaluate brokerage costs beyond the initial free period.
