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:

1. Create a user

   First create a user as described here.

2. Setup the parent

   Then set up the parent account group.

3. Setup the Tax Wrapper

   If using a tax-wrapped product (e.g., ISA or PEA), you must follow the steps highlighted in the Tax Wrapper Guide.

4. Create the account