Getting started
This section is for market makers (partners) who trade via FIX and use the Partner API for margin, lending, and YLDS. You need Partner API credentials. Access is gated at the API gateway for partners.
FIX is for high-volume, high-frequency trading and requires a dedicated setup (e.g. FIX gateways, IP whitelisting, coordination with Figure Markets). Partner REST shares gateway rate limits with Public and Trader; see Rate limits and best practices.
Connect with us first
You need to contact Figure Markets before you can onboard as a market maker. Start the conversation by emailing support@figuremarkets.com. We’ll connect you with a representative to ensure the Partner API (market maker) setup is the right fit for you. Once that’s confirmed, you can proceed with the onboarding flow below.
For technical support (integration, API behavior, FIX setup, or other issues), contact apisupport@figuremarkets.com.
Onboarding flow (institutional)
Partners go through institutional onboarding before FIX and Partner API access. The steps below are the current flow.
1. Start institutional signup
- Go to https://www.figuremarkets.com/c/signup and choose Institutional, or go to https://www.figuremarkets.com/universal-passport/.
2. Complete entity onboarding
An authorized administrator must complete company information for the entity (e.g. trust or company), including:
- Articles of incorporation (or equivalent)
- Control persons / entity owner information
- KYC for at least one entity owner or control person (required)
Submit for review.
3. Entity approval and users
Once Figure Markets reviews and approves the entity, the account is updated to an approved state. Then:
- Invite users to the entity (group) account.
- Each invited user must:
- Register at figuremarkets.com/c/signup or download the Figure Markets mobile app
- Complete individual KYC (name, contact info, ID verification)
- Accept the invitation to join the entity
- Users can then log in on behalf of the entity to perform work.
The Figure Markets mobile app is currently required for signup. Support for Keplr wallet and email / SSO / Passkey signup is coming.
4. Partner (FIX) setup
This onboarding flow applies to all entities. Partners (market makers trading via FIX) need additional setup after:
- Institutional onboarding and approval are complete, and
- At least one user has been added to the group and has completed individual KYC.
Figure Markets will then coordinate with you on:
- FIX integration (Order Entry and Market Data gateways)
- IP whitelisting for FIX
- Add external blockchain addresses you can send to (For Business → manage addresses)
5. Day-to-day access via UI
Many partner operations can be done in the web app if you prefer not to use the Partner API.
Margin borrowing
You can enable margin and borrow in the UI instead of using the margin API. Log in on behalf of the entity, open the entity (e.g. Manage on the entity from the entities list), then go to the Margin section. Use Enable to turn on margin for the account. Once enabled, you’ll see Margin Account Balance and Max borrowing capacity; for each asset (e.g. USD, BTC, ETH) you can click Borrow to enter the amount and optional repay-on date and submit. The UI confirms success or shows errors (e.g. insufficient balance for borrowing).
Fiat and crypto movements
Use Funding and transfers for fiat (USD): link a bank account, deposit cash (for US entities we support ACH and Fedwire), and withdraw. For send/receive crypto, use the send/receive flow under Funding and transfers in the app. Manage addresses (adding or whitelisting addresses for the entity) is under For Business; that’s self-service only when the entity is set up for multi-signer groups — otherwise you may need to provide approved addresses to the team or follow a different process. These flows are also available via API where documented.
Multi-signer groups
In For Business, open Group voting to manage voting proposals and transactions for your entity. You’ll see a list of proposals (e.g. send crypto, withdraw, add a multi-signer, add a user to the group) with status (Pending, Approved, Rejected) and your vote. The Active Policy shows the configuration (e.g. Multi-Signer), required votes, and voting period.
6. Partner API keys
Log in to the Figure Markets web app on behalf of the entity, then go to For Business → API keys (or API key management). There you can generate and manage Partner API keys yourself (read vs write permission). Links to this documentation are available from that section.
Use these credentials for the Partner API (REST). FIX uses separate credentials/setup; see Trading (FIX).
What to do next
| Step | Doc |
|---|---|
| Trade via FIX (Order Entry, Market Data) | Trading (FIX) |
| Get and use Partner API credentials (REST) | Authentication |
| Partner API REST overview | REST |
| Accounts — withdraw, send/receive, balances, positions | Accounts |
| Transfers — exchange to/from blockchain, NMS send/receive | Transfers |
| Leverage (margin) | Leverage |
| Lending | Lending |
| YLDS orders (REST) | Orders |
Rate limits
The Partner API (REST) uses rate limiting at the gateway, with the same 429 and backoff expectations as Public and Trader REST. See Rate limits and best practices. For latency-sensitive flows, use FIX rather than polling REST.