People like Jegan claims - if we open demat account in Zebu/Alice Blue/MOSFL via his franchise then no need to keep 50% cash component to trade in options. Just 10% of cash collateral will be enough to trade with without any penalty?
I know 50-50 cash and equity collateral mandate is at broker level not at customer level, so is his claim a legit one or just a false claim? Is there any hidden charge such as relatively high transaction charges etc with such demat account?
Has anyone open their demat account via Jegan’s franchise?