Why are there restrictions on my account?

We may place restrictions on an account if there are current outstanding payments or a history of unmet payments.

If there are restrictions on your CommSec account, your ability to sell shares won’t be impacted. However, your ability to buy shares will be limited.

A restriction on your account means that your normal trading limit is suspended. If you want to place an order to buy shares, you must provide an additional deposit.

If restrictions have been placed on your trading account, you can email shares@commsec.com.au to request a trading restriction review. You will need to justify why the restrictions should be lifted...

 

© Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

The information on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.

CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions.

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