Trade Process

Prerequisites

Complete the Getting Started Guide before proceeding. You should have an Organization and Bank set up in the Partner Portal.

Platform hierarchy

• Organization is the top-level object. One or more Banks belong to it.
• All downstream objects — Customers, Accounts, Identity Verifications, and others — belong to a Bank.
• The Customer object is the primary data model for each individual. Accounts, identity verifications, quotes, trades, and transfers all belong to the Customer.

Trade setup steps

Executing a trade requires several one-time setup steps:

1. Create a Customer via POST /api/customers.
2. Create a fiat and trading Account for the Customer via POST /api/accounts.
3. Complete simulated KYC and bank account connection using the Web Demo. To drive the bank connect process programmatically, see Plaid Integration.
4. Fund the fiat account using a funding transfer type via POST /api/transfers (a quote is required for funding transfers).
5. Generate a Quote via POST /api/quotes.
6. Execute a Trade against the Quote via POST /api/trades.

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Sandbox simulation

In the sandbox environment, KYC and Plaid-connected bank accounts are simulated for easy testing.

Steps 1–3 are one-time setup. Subsequent funding, quoting, and trading only require steps 4–6.

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Funding limit

Simulated Plaid funding limits each deposit to $100. You can complete multiple $100 deposits to increase the balance.