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Lemonnis now among the top 50 brokers in India*
India, January 21, 2025:PeepalCoֱ innovative investment platform,Lemonn, has launchedMarginTradingFacility(MTF) onitsapp.Lemonnhas also reached a milestone of onemillionusers* and is now among the top 50 brokers in India*.
MTF can be a significant feature for advanced stock investors, empowering them to amplify their investment potential. Through this,userscan now purchase stocks beyond their current account balance by borrowing up to 80% of a stockֱ value.Lemonnֱ MTF offering comes with a highly competitive interest rate of just 8.99% per annum, making advancedtradingstrategies more accessible and affordable.
The new MTF feature aligns withLemonnֱ vision of democratizing access to advanced financial tools while ensuring affordability.Userscan access it seamlessly with just a single click from the homepage, following a one-day activation period.
Commenting on the announcement Devam Sardana, Business Head,Lemonnsaid“AtLemonn, we are driven by a singular mission: to make investing simpler, smarter, and more rewarding for ourusers. The launch of theMarginTradingFacility(MTF) is a step in this journey, empowering investors to approach the stock market with confidence. By offering highly competitive interest rates, we are enablingusersto make the best use of opportunities as they arise even when they have lack of sufficient funds”.
In less than a year,Lemonnhas achieved significant milestones, including surpassing1millionusers* and securingitsposition among the top 50 brokers in India*. These accomplishments highlight the platformֱ rapid ascent in the investment ecosystem.
“Our rapidly growing user base is a testament to the trust we’ve earned and proof that we are delivering on our promises. Itֱ heartening to see more and more people choosingLemonnas their preferred investment partner,”he added
Lemonnis a user-friendly platform that offers a diverse range of investment options, including mutual funds, direct stocks, IPOs, and F&Otradingfor first-time and seasoned investors.
