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What is the best way to restrict users from changing the account name on the Opportunities?

Tried making the 'Account' field a read-only field but unfortunately if the Sales Person creates an Opportunity from scratch (not converted with leads or from an existing account) they are stuck as they can't add a company name in!

Ideally the option above is the simplest to do but can you use permission sets or validation rules that allow exceptions (i.e. make it a read-only field only when created?)

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You can easily do this using validation rule.

NOT(ISNEW()) && ISCHANGED(AccountId)

And throw error,

You can't change Account.

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