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 the normal trading limit of $5,000 for leading stocks and $1,000 for non-leading stocks is suspended. If you want to place an order to buy shares, you must provide an additional deposit. Other trading limits based on your portfolio balance and CDIA balance will not be affected.

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.



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