--- title: Lemonn Demat Account canonical_url: https://sanchaykaro.com/lemonn-demat-account/ last_updated: 2026-05-05T10:36:21+00:00 plugin_version: 1.2.1 --- # Lemonn Demat Account Lemonn Demat Account 2026: ₹5 Brokerage Plan Review + Free ₹500 Waiver (Use Code: 1oxeeu) ----------------------------------------------------------------------------------------- *Disclaimer: Sponsored blog post featuring referral program. Investments subject to market risks.* If you are searching for the **best Demat account in India for 2026**, your hunt ends here. Lemonn — the stock trading app backed by PeepalCo (parent of CoinSwitch) — has just launched an unbelievable **₹5 brokerage plan** called **Lemonn\_IBT5\_27303345**. That’s right: Futures at ₹5, Options at ₹5, Equity Intraday at ₹5, and Equity Delivery at just ₹5 per order. Traditional brokers charge 0.3% to 0.5% per trade, eating up your profits. With Lemonn’s flat fee model, you save thousands of rupees every single month. And today, I’m sharing my exclusive **referral code: 1oxeeu** that unlocks up to ₹500 brokerage waiver for new users. Let’s dive deep into why Lemonn is the **best discount broker in India**, break down the new **₹5 plan**, and show you exactly how to start your investing journey safely. --- 📌 What is a Demat Account? (Beginner’s Guide) --------------------------------------------- A **Demat account** (short for dematerialised account) is a digital vault that holds your shares, mutual funds, ETFs, and bonds electronically. Instead of physical share certificates (which could be lost, stolen, or forged), your holdings are securely stored with **CDSL** — India’s premier depository. Lemonn is a **SEBI registered stock broker** and a CDSL participant, ensuring your assets are safe under strict regulatory oversight. Every Indian investor needs a **Trading account** (to buy/sell) and a **Demat account** (to hold securities). Lemonn combines both into one seamless, intuitive mobile app. You get **paperless e-KYC** that completes in under 5 minutes using just your PAN card and Aadhaar. --- 🔥 Lemonn’s New ₹5 Plan: `Lemonn_IBT5_27303345` ---------------------------------------------- Created on **May 5, 2026 at 03:45:39 PM**, this plan is **Active** and arguably the most aggressive pricing in the Indian broking industry. Here’s the exact breakdown: SegmentAbsolute BrokeragePercentage Brokerage (whichever is lower)**Futures (F&O)**₹5 per executed order–**Options (F&O)**₹5 per executed order–**Equity Intraday**₹5 per executed order0.625% of trade value**Equity Delivery**₹5 per executed order0.625% of trade value**What does this mean for you?** On a ₹10,000 intraday trade, 0.625% would be ₹62.50, but Lemonn charges only the lower amount — which is ₹5 (absolute). So you pay just ₹5 regardless of trade size (subject to the percentage cap for very tiny trades, but for most retail trades, ₹5 wins). For F&O, it’s a clean ₹5 per order — no hidden percentage. Compare this to traditional brokers who might charge ₹20-₹50 or 0.5%. Lemonn’s ₹5 plan is a **game-changer** for high-frequency traders, scalpers, and even long-term investors who want to accumulate shares in small lots. --- 🌟 Lemonn Infinity Plan: ₹0 Brokerage for 30 Days ------------------------------------------------ If ₹5 still feels like a cost, Lemonn offers the **Infinity Plan** at just ₹99 for 30 days. Under this plan, you pay **zero brokerage on unlimited trades** across equity delivery, intraday, F&O, and MTF (Margin Trading Funding). After 30 days, you revert to your base plan (like `Lemonn_IBT5_27303345`). For active traders, those 30 days of ₹0 brokerage can boost your net P&L significantly. Pro tip: Use my referral code **`1oxeeu`** during signup to get **₹500 brokerage waiver** — which essentially gives you your first 100 orders at ₹5 each absolutely free (₹500 ÷ ₹5 = 100 orders). That’s massive savings. --- 🚀 How to Open Lemonn Demat Account (Step by Step) ------------------------------------------------- Follow these simple steps to start trading within minutes: 1. **Download the Lemonn App** – Available on Google Play Store (Android) and Apple App Store (iOS). 2. **Click on “Open Account”** – Enter your mobile number and email ID. 3. **Complete e-KYC** – Upload PAN card and Aadhaar. Use the OTP verification for instant in-person verification (IPV) – no physical paperwork needed. 4. **Enter Referral Code** – In the referral field, type **`1oxeeu`**. 5. **Link your Bank Account** – Connect your savings account via UPI for seamless fund transfer. 6. **Sign the agreement** – Digital signature using Aadhaar OTP. 7. **Start Trading** – Once your account is activated (usually within 1-2 hours), you can add funds and place your first trade. 👉 **Direct Signup Link**: --- 💡 Why Lemonn is the Best Demat Account for Different Investor Types ------------------------------------------------------------------- ### 1. For F&O Traders (Futures & Options) With **₹5 per order** on Futures and Options, Lemonn undercuts almost every competitor. Zerodha charges ₹20 per order, Groww also ₹20. If you trade 10 options lots a day, you save ₹150 daily (₹15 vs ₹200). That adds up to ₹3,000+ per month. Over a year, you save enough to buy a new smartphone. ### 2. For Intraday Traders Equity intraday at ₹5 (or 0.625%) is perfect for scalpers who place many small trades. Even if you trade 50 times a day, your total brokerage is just ₹250 – compared to ₹1,000+ at other discount brokers. Plus, Lemonn’s advanced charting tools with RSI, MACD, Bollinger Bands, and real-time market data help you make better decisions. ### 3. For Long-Term Investors (Delivery) Equity delivery at ₹5 per order is a boon for SIP-style stock investing. Want to buy 1 share of Reliance every week? That’s ₹5 per buy. No percentage-based fee eating into your principal. Use the **systematic purchase plan** to accumulate blue-chip stocks, large cap funds, or index ETFs (Nifty 50, Sensex, Bank Nifty) without worrying about brokerage. ### 4. For Mutual Fund & IPO Investors Lemonn also allows you to invest in **direct mutual funds** (no commission, lower expense ratio), **ETFs**, and **IPOs**. You can apply for SME IPOs and mainboard IPOs using UPI mandate with ASBA facility. Track your allotment status, listing gains, and buybacks all within the app. [[SIP for retirement](https://sanchaykaro.com/pension/)](https://sanchaykaro.com/pension/)### 5. For Algo & API Traders Lemonn provides **API trading access** for algo traders. Build your own trading bot, use colocation services, or connect via third-party platforms. The API supports bracket orders, cover orders, and GTT (good till triggered) orders. --- 🔐 Security: Is Lemonn Safe for Your Hard-Earned Money? ------------------------------------------------------ Yes. Lemonn is **ISO/IEC 27001:2022 certified** – the gold standard for information security management. It uses **two-factor authentication (2FA)** for every login and trade. Your securities are held with **CDSL** (Central Depository Services Limited), and you can view your holdings directly on the CDSL portal using your BOID (Beneficial Owner Identification Number). Lemonn is also a member of **NSE, BSE**, and **SEBI’s Investor Protection Fund**. Recent SEBI proposals in 2026 have further simplified nominee registration and BSDA (Basic Services Demat Account) norms, making it even safer for small investors. Lemonn complies with all **KYC** and **AML** (Anti Money Laundering) regulations. --- 📊 Lemonn vs Competitors (2026 Comparison) ----------------------------------------- Feature**Lemonn (₹5 Plan)****Zerodha****Groww****Angel One****F&O Brokerage**₹5 per order₹20 per order₹20 per order₹20 per order**Intraday Brokerage**₹5 or 0.625%₹20 or 0.03%₹20 or 0.05%₹20 or 0.01%**Delivery Brokerage**₹5 or 0.625%₹0₹0₹0**Demat AMC**₹250 + GST₹300 + GST₹0 (intro)₹0**Margin Funding (MTF)**AvailableLimitedAvailableAvailable**Call & Trade**₹50 per ISIN₹50 per callNot availableFree for some plans**Unique Feature**₹5 F&O + Algo APILargest user baseBest for beginnersAI research*Data compiled from SEBI reports and broker disclosures as of May 2026.* --- 💰 Hidden Costs to Know (Statutory Charges) ------------------------------------------ No broker can avoid government levies. When you trade on Lemonn, you still pay: - **STT** (Securities Transaction Tax) – payable to central government. - **GST** – 18% on brokerage and exchange charges. - **SEBI Turnover Fees** – ₹10 per crore (very small). - **Stamp Duty** – varies by state (0.003% to 0.015%). - **Exchange Transaction Charges** – NSE/BSE fees. Use Lemonn’s in-app **brokerage calculator** before each order to see the exact total cost. There are no hidden surcharges. --- 📈 Top 10 Tips to Maximize Your Lemonn Account --------------------------------------------- 1. **Use the Infinity Plan** if you trade more than 20 orders per month – ₹99 flat vs ₹5 each saves you money. 2. **Activate price alerts** for your watchlist so you never miss a breakout. 3. **Consolidate orders** – Instead of 10 separate buys of the same stock, buy in fewer orders to reduce flat fee impact. 4. **Trade in delivery for long term** – Even at ₹5, it’s cheaper than percentage-based brokers if you hold for >1 year. 5. **Use stop loss** – Lemonn supports SL-M (stop loss market) and SL-L (stop loss limit) orders. 6. **Check margin requirements** before entering F&O trades – Lemonn shows SPAN margin, exposure margin, and VaR margin. 7. **Download contract notes** – Keep them for 8 years for tax purposes (capital gains calculation). 8. **Enable auto-square off** – Lemonn squares off intraday positions at 3:20 PM sharp – don’t get caught. 9. **Use CDSL Easiest** – To pledge stocks for margin or transfer holdings offline. 10. **Track your P&L** – The app provides daily, monthly, and yearly P&L statements with tax harvesting reports. --- ❌ Potential Drawbacks (Honest Review) ------------------------------------- - **No currency or commodity trading** – Lemonn focuses only on equity, F&O, mutual funds, and ETFs. - **No research advisory** – You must do your own analysis or use third-party tools. Full-service brokers like HDFC Securities provide research reports, but they charge 50x more brokerage. - **₹5 plan not available for all users by default** – You need to be on the `Lemonn_IBT5_27303345` plan, which may be invite-only or limited time. Use my referral code **1oxeeu** to ensure you get the best active plan. --- 🌐 Additional Features You’ll Love --------------------------------- - **Multi-device sync** – Use the same account on mobile, tablet, and web dashboard. - **Watchlist sharing** – Share your favorite stocks with friends. - **Dark mode** – For comfortable night trading. - **Paper trading** – Practice with virtual money before going live. - **Daily market wrap** – Get a quick 2-minute video summary of market movers. - **Tax P&L reports** – Ready to file ITR (income tax return) for traders and investors. - **Dividend tracker** – Never miss a dividend payment. --- ✅ Final Verdict: Should You Open Lemonn Demat Account in 2026? -------------------------------------------------------------- **Absolutely yes**, especially if you are: - A **retail investor** looking for the lowest possible brokerage on F&O (₹5 per order is unbeatable). - An **intraday trader** who places 10-50 trades daily. - A **long-term investor** who wants to buy small quantities of stocks regularly without paying high percentage fees. - A **beginner** who wants a simple, beautiful app with zero account opening fees and ₹500 waiver using my code **1oxeeu**. For high-volume professionals, Lemonn’s API and algo trading support make it a serious contender against even institutional platforms. 👉 **Don’t wait – this ₹5 plan might be limited. Download Lemonn now, use code `1oxeeu`, and get your ₹500 brokerage waiver instantly.** **[Click here to open your Lemonn Demat account for free →](https://lemonn.co.in/affiliate-deeplink?data=1oxeeu)**