Lemonn vs NJ Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of Lemonn vs NJ Wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Lemonn and NJ Wealth.

Background

Year of Incorporation 2020 2000
Website https://lemonn.co.in/ https://www.njwealth.in/
Phone +918035769929 0261-6155000
Exchanges enabled BSE, NSE BSE, NSE
Demat (NSDL/CDSL) CDSL CDSL & NSDL
Brokerage

Equity Free for 1 Month afterwards 0.5% on Intraday 0.1% - 0.2%
Equity Futures Zero 0.01% - 0.02%
Equity Options Zero Rs.10 - Rs.20 per Lot
Currency Futures Zero 0.01% - 0.02%
Currency Options Zero Rs.10 - Rs.20 per Lot
Commodity Zero 0.01% - 0.02%
Account Opening Costs

Trading only Free Free
Trading & Demat Free Free
Commodity Free Rs.100
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity Zero 0
Futures Zero 0
Options Zero 0
Commodities Zero 0
AMC charge Zero 0
DP Transaction Charge Rs 10 per transaction Rs 20
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Yes
End of Day 5 Years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 2x on Intraday 1x
Equity Futures 2x for intraday 1x
Equity Options Upto 2x for Intraday 1.5x
Currency Futures 2x for intraday 1.2x
Currency Options 1x 1.5x
Commodity 1x 1.5x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Not Available Rs 1521.69 Crores
Profit after Tax FY12/13 Not Available Rs 2179.98 Crores
Profit after Tax FY13/14 Not Available Rs 2865.45 Crores
Profit after Tax FY 14/15 Not Available Rs 3452.44 Crores
Profit after Tax FY 15/16 Not Available Rs 5134.80 Crores
Profit after Tax FY 16/17 Not Available Rs 7568.40 Crores
Profit after Tax FY 17/18 Not Available Rs 4861.99 Crores
Profit after Tax FY 18/19 Not Available Rs 2758.71 Crores
Profit after Tax FY 19/20 Rs 38 Lakhs Rs 1534.54 Crores
Profit after Tax FY 20/21 Rs 55 Lakhs Rs (12,065.87) Crores
Profit after Tax FY 21/22 Rs 70 Lakhs Rs (29,213.70) Crores
Profit after Tax FY 22/23 Rs 93 Lakhs Rs 62554.94 Crores
Debt FY11/12 Not Available Rs 37.58 Crores
Debt FY12/13 Not Available Rs 32.87 Crores
Debt FY13/14 Not Available Rs 28.90 Crores
Debt FY14/15 Not Available Rs 25.15 Crores
Debt FY15/16 Not Available Rs 19.36 Crores
Debt FY16/17 Not Available Rs 24.23 Crores
Debt FY17/18 Not Available Rs 28.96 Crores
Debt FY18/19 Not Available Rs 31.66 Crores
Debt FY19/20 Rs 28.64 Lakhs Rs 34.17 Crores
Debt FY20/21 Rs 31.35 Lakhs Rs 37.39 Crores
Debt FY21/22 Rs 33.41 Lakhs Rs 38.52 Crores
Debt FY22/23 Rs 36.58 Lakhs Rs 39.61 Crores
Profit to Equity(%) FY11/12 Not Available 27.4
Profit to Equity(%) FY12/13 Not Available 29.4
Profit to Equity(%) FY13/14 Not Available 21.23
Profit to Equity(%) FY14/15 Not Available 20.42
Profit to Equity(%) FY15/16 Not Available 26.64
Profit to Equity(%) FY16/17 Not Available 38.11
Profit to Equity(%) FY17/18 Not Available 40.2
Profit to Equity(%) FY18/19 Not Available 41.34
Profit to Equity(%) FY19/20 18.09% 43.5
Profit to Equity(%) FY20/21 16.34% 46.15
Profit to Equity(%) FY21/22 20.34% 45.31
Profit to Equity(%) FY22/23 18.14% 44.9
Balance Sheet Size FY11/12 Not Available Rs 637849.37 Crores
Balance Sheet Size FY12/13 Not Available Rs 677538.15 Crores
Balance Sheet Size FY13/14 Not Available Rs 689491.54 Crores
Balance Sheet Size FY14/15 Not Available Rs 706487.89 Crores
Balance Sheet Size FY15/16 Not Available Rs 720046.66 Crores
Balance Sheet Size FY16/17 Not Available Rs 724976.32 Crores
Balance Sheet Size FY17/18 Not Available Rs 767846.49 Crores
Balance Sheet Size FY18/19 Not Available Rs 784561.64 Crores
Balance Sheet Size FY19/20 Rs 45 Crores Rs 801348.75 Crores
Balance Sheet Size FY20/21 Rs 57.34 Crores Rs 810464.61 Crores
Balance Sheet Size FY21/22 Rs 63.11 Crores Rs 944370.11 Crores
Balance Sheet Size FY22/23 Rs 77.28 Crores Rs 967891.38 Crores

Comparison Link:

Compare Lemonn Compare NJ Wealth
Lemonn Vs Punch NJ Wealth Vs Punch
Lemonn Vs BlinkX NJ Wealth Vs BlinkX
Lemonn Vs Mandot Securities NJ Wealth Vs Mandot Securities
Lemonn Vs HDFC Sky NJ Wealth Vs HDFC Sky
Lemonn Vs Dhan NJ Wealth Vs Dhan
Lemonn Vs Goodwill Wealth NJ Wealth Vs Goodwill Wealth
Lemonn Vs Shoonya by Finvasia NJ Wealth Vs Shoonya by Finvasia
Lemonn Vs Paytm Money NJ Wealth Vs Paytm Money
Lemonn Vs Goldmine Stocks NJ Wealth Vs Goldmine Stocks
Lemonn Vs Globe Capital NJ Wealth Vs Globe Capital
Lemonn Vs Finvasia NJ Wealth Vs Finvasia
Lemonn Vs Coimbatore Capital NJ Wealth Vs Coimbatore Capital
Lemonn Vs Cholamandalam Securities NJ Wealth Vs Cholamandalam Securities
Lemonn Vs Choice Equity Broking NJ Wealth Vs Choice Equity Broking
Lemonn Vs Canara Bank NJ Wealth Vs Canara Bank
Lemonn Vs Bonanza Portfolio NJ Wealth Vs Bonanza Portfolio
Lemonn Vs Bezel Stock Brokers NJ Wealth Vs Bezel Stock Brokers
Lemonn Vs Beeline Broking NJ Wealth Vs Beeline Broking
Lemonn Vs Bansal Finstock NJ Wealth Vs Bansal Finstock
Lemonn Vs Axis Direct NJ Wealth Vs Axis Direct
Lemonn Vs ASE Capital Markets NJ Wealth Vs ASE Capital Markets
Lemonn Vs Arihant Capital NJ Wealth Vs Arihant Capital
Lemonn Vs Alice Blue NJ Wealth Vs Alice Blue
Lemonn Vs 5Paisa NJ Wealth Vs 5Paisa
Lemonn Vs M.stock NJ Wealth Vs M.stock
Lemonn Vs WisdomCapital NJ Wealth Vs WisdomCapital
Lemonn Vs Way2wealth NJ Wealth Vs Way2wealth
Lemonn Vs Ventura Securities NJ Wealth Vs Ventura Securities
Lemonn Vs Navia Markets Ltd NJ Wealth Vs Navia Markets Ltd
Lemonn Vs Tradejini NJ Wealth Vs Tradejini
Lemonn Vs Tata Securities NJ Wealth Vs Tata Securities
Lemonn Vs Swastika Investmart NJ Wealth Vs Swastika Investmart
Lemonn Vs SMC Global NJ Wealth Vs SMC Global
Lemonn Vs SBICAP Securities NJ Wealth Vs SBICAP Securities
Lemonn Vs SASOnline NJ Wealth Vs SASOnline
Lemonn Vs Samco securities NJ Wealth Vs Samco securities
Lemonn Vs RK Global NJ Wealth Vs RK Global
Lemonn Vs Reliance Securities NJ Wealth Vs Reliance Securities
Lemonn Vs Nirmal Bang NJ Wealth Vs Nirmal Bang
Lemonn Vs Master Trust Capital NJ Wealth Vs Master Trust Capital
Lemonn Vs Kotak Securities NJ Wealth Vs Kotak Securities
Lemonn Vs Interactive Brokers NJ Wealth Vs Interactive Brokers
Lemonn Vs IIFL Securities NJ Wealth Vs IIFL Securities
Lemonn Vs Dhani NJ Wealth Vs Dhani
Lemonn Vs IDBI Capital NJ Wealth Vs IDBI Capital
Lemonn Vs HDFC Securities NJ Wealth Vs HDFC Securities
Lemonn Vs Geojit NJ Wealth Vs Geojit
Lemonn Vs Fyers Securities NJ Wealth Vs Fyers Securities
Lemonn Vs Edelweiss Capital NJ Wealth Vs Edelweiss Capital
Lemonn Vs Easytradez NJ Wealth Vs Easytradez
Lemonn Vs Rupeezy NJ Wealth Vs Rupeezy
Lemonn Vs Anand Rathi NJ Wealth Vs Anand Rathi
Lemonn Vs Aditya Birla Money NJ Wealth Vs Aditya Birla Money
Lemonn Vs Achiievers NJ Wealth Vs Achiievers
Lemonn Vs A C Choksi NJ Wealth Vs A C Choksi
Lemonn Vs Angel Broking NJ Wealth Vs Angel Broking
Lemonn Vs Motilal Oswal NJ Wealth Vs Motilal Oswal
Lemonn Vs ICICI Direct NJ Wealth Vs ICICI Direct
Lemonn Vs Sharekhan NJ Wealth Vs Sharekhan
Lemonn Vs Groww NJ Wealth Vs Groww
Lemonn Vs Tradesmart Online NJ Wealth Vs Tradesmart Online
Lemonn Vs Upstox NJ Wealth Vs Upstox
Lemonn Vs Zerodha NJ Wealth Vs Zerodha

Frequently Asked Questions

Is Lemonn better than NJ Wealth ?

Lemonn and NJ Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is NJ Wealth better than Lemonn ?

Lemonn and NJ Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Lemonn cheaper than NJ Wealth ?

Lemonn and NJ Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is NJ Wealth cheaper than Lemonn ?

Lemonn and NJ Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Lemonn vs. NJ Wealth ?

To find out the better of the two stockbrokers Lemonn and NJ Wealth, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.