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Online Share Trading

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Can you split your portfolio?

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Potgieter
New Contributor
Is it possible to have one online share trading account, but have the portfolio split into 2 sections for e.g. if two diffrent people want to use the same account but not get their money mixed up. Thanks
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8 REPLIES 8
SimonPB
Valued Contributor
yes, contact the call center ..
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Shard
Super Contributor
Simon, how many separate accounts in one login are possible and would this mean extra fees?
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SimonPB
Valued Contributor
no extra fees .. no limit as far as I know ..
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Not applicable
Ja but, both parties can see what is going on in the others account?
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SimonPB
Valued Contributor
well yes .. it is one log in multiple accounts ..
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Shard
Super Contributor
I know a guy that invests his clients through the platform, I guess this is how he does it. If I start using to invest "clients" money I need to up my subscription correct? By clients I mean family and friends.
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Not applicable
In theory you should have signed mandates, contract etc to invest and be registered and declare your interests as a active investor/trader for SARS purposes and be-able to issue tax invoices to each "client" etc. But seeing it family, hope they trust you enough and friends....well that's your hassle with them when things go wrong.
remember no one remembers you when you making them money, but just loose as single amount or pay late and you are crucified before the tribunals of every order you never knew existed.
But as far as I know no increased subscription as the money is under your control and how you sort the legal side out aint OST concern as you have a contract with them operating the account. You can "unlimited accounts" under the single log-in.
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Shard
Super Contributor
Thanks CPS, dont worry, I'm in the Investment Management Industry so I understand unhappy clients.
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