Speaking on the announcement, Devam Sardana, Business Head, Lemonn, said “The Indian stock market has witnessed a remarkable surge in the recent years, underpinned by India's sustained economic growth, improved risk management practices, and robust financial system; presenting investors with opportunities to explore. Recognizing this, we are excited to introduce F&O trading for our users, empowering them to capitalize on the market's potential.”
Lemonn is offering a lifetime free account (no account opening charges and no annual maintenance charges) while the zero trading brokerage will be applicable for one-year for all the users. The company is also gearing up to announce yet another new product within the next two months.
Lemonn is a stock investing app and was launched earlier this month by PeepalCo, a house of brands building wealth tech products for India. The app is designed to streamline the process of discovery and decision-making for new investors.