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Online Share Trading

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help me trade plz

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Marketman
Occasional Contributor
I'm a new trader and every time i want to trade/buy a share it's gives me a message that reads: "cannot trade on this share as it is a managed account". Can any one please help me on this?? :(
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3 REPLIES 3
Brazen
Super Contributor
Maybe you have two linked accounts? Gotta make sure you're logged onto the one on which you want to trade.
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Not applicable
Maybe you're tring to buy shares from a warrants account or vice versa? phone SBK...
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AAR
Occasional Contributor
Managed account are usually accounts locked by a company if they issued you with shares. The wait period can be about 3 years (mine is). You have to open a seperate account to trade with. But that's just my guess as to what's wrong. There may be another reason and you will have to contact SB for that.
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