Creating account groups and accounts
Creating accounts groups and accounts is a key step that must be completed before operations, such as placing orders, can be performed.
This guide will lead you through the creation of account groups and accounts.
Prerequisites
Before attempting this guide you must understand the roles of account groups and accounts within the Upvest Investment API.
Please read the Account Groups and Accounts overview before continuing.
You must be able to create a user.
Implementation steps
You will be able to create account groups and accounts as soon as you have created a user.
As a rule, the following steps are required to create an account:
- Create a user
First create a user as decribed here.
- Setup the parent
Then set up the parent account group.
- Create the account
You can already create accounts while user onboarding and the associated checks are still in progress. The accounts remain in the status PENDING_APPROVAL
until the onboarding process is completed.