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Cannot open an uncontrolled risk position on my account


Guest Faizan

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Guest Faizan

Hi I am trying to open a sell option order but it says u cannot open an uncontrolled risk position on this account .now wat do I have to do to qualify to open such a position.

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Hey - some account types are known as 'limited risk' in that they only allow you to open positions which have a fixed risk value to yourself. Selling options can result in unlimited risks / losses on the account, and are known to be inherently risky.  Due to these reasons, 'limited risk' accounts can not short sell options. 

Please check your emails as your account type should have been clearly laid out, not only in the sign up process and account opening, but in the email confirmations forwarded on. 

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