diff --git a/CHANGELOG.md b/CHANGELOG.md
index f4a857ab3..ecd2ce5c8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+### Changed
+
+- Changed the account field to optional in the create or update activity dialog
+
 ### Fixed
 
 - Fixed the page size for presets in the historical market data table of the admin control panel
diff --git a/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.component.ts b/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.component.ts
index 8695f04ed..fc42a504d 100644
--- a/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.component.ts
+++ b/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.component.ts
@@ -188,8 +188,7 @@ export class GfCreateOrUpdateActivityDialogComponent implements OnDestroy {
         !this.data.activity?.accountId &&
         this.mode === 'create'
           ? this.data.accounts[0].id
-          : this.data.activity?.accountId,
-        Validators.required
+          : this.data.activity?.accountId
       ],
       assetClass: [this.data.activity?.SymbolProfile?.assetClass],
       assetSubClass: [this.data.activity?.SymbolProfile?.assetSubClass],
@@ -365,11 +364,6 @@ export class GfCreateOrUpdateActivityDialogComponent implements OnDestroy {
           (this.activityForm.get('dataSource').value === 'MANUAL' &&
             type === 'BUY')
         ) {
-          this.activityForm
-            .get('accountId')
-            .removeValidators(Validators.required);
-          this.activityForm.get('accountId').updateValueAndValidity();
-
           const currency =
             this.data.accounts.find(({ id }) => {
               return id === this.activityForm.get('accountId').value;
@@ -397,11 +391,6 @@ export class GfCreateOrUpdateActivityDialogComponent implements OnDestroy {
           this.activityForm.get('updateAccountBalance').disable();
           this.activityForm.get('updateAccountBalance').setValue(false);
         } else if (['FEE', 'INTEREST', 'LIABILITY'].includes(type)) {
-          this.activityForm
-            .get('accountId')
-            .removeValidators(Validators.required);
-          this.activityForm.get('accountId').updateValueAndValidity();
-
           const currency =
             this.data.accounts.find(({ id }) => {
               return id === this.activityForm.get('accountId').value;
@@ -447,8 +436,6 @@ export class GfCreateOrUpdateActivityDialogComponent implements OnDestroy {
             this.activityForm.get('updateAccountBalance').setValue(false);
           }
         } else {
-          this.activityForm.get('accountId').setValidators(Validators.required);
-          this.activityForm.get('accountId').updateValueAndValidity();
           this.activityForm
             .get('dataSource')
             .setValidators(Validators.required);
diff --git a/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.html b/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.html
index 42fbd0ebf..278ddcbbd 100644
--- a/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.html
+++ b/apps/client/src/app/pages/portfolio/activities/create-or-update-activity-dialog/create-or-update-activity-dialog.html
@@ -84,12 +84,8 @@
       >
         <mat-label i18n>Account</mat-label>
         <mat-select formControlName="accountId">
-          @if (
-            !activityForm.get('accountId').hasValidator(Validators.required) ||
-            (!activityForm.get('accountId').value && mode === 'update')
-          ) {
-            <mat-option [value]="null" />
-          }
+          <mat-option [value]="null" />
+
           @for (account of data.accounts; track account) {
             <mat-option [value]="account.id">
               <div class="d-flex">