Getting started
This section is for API traders who use the Trader API for low-latency trading and for the Standard API (Accounts, Orders, margin, YLDS, etc.). You need Trader API credentials.
If you trade via FIX as a market maker with high-volume order flow, a different API and docs apply.
Getting started flow
The steps below apply once you’re ready to use the Trader API.
1. Onboarding
The flow differs for individuals and institutions (entities).
Individuals
- Onboarding is through the Figure Markets app. Go to figuremarkets.com/c/signup and complete individual onboarding only.
- Most individuals are auto-approved for KYC; manual review or decline may take 1–5 business days if triggered.
- The Figure Markets mobile app is currently required for signup. Support for Keplr wallet and email / SSO / Passkey signup is coming.
Institutions (entities)
- Entities onboard via Universal Passport on the web first: go to Universal Passport (or signup → Institutional) and complete institutional onboarding.
- An authorized administrator completes company information (e.g. articles of incorporation, control persons, entity owner information) and KYC for at least one owner or control person.
- Entity review is manual. Once the entity is approved, members of the entity onboard individually through the Figure Markets mobile app (register, complete individual KYC, accept the entity invitation, then log in on behalf of the entity).
Regions
Different locations may have different limits in terms of which order books you can access.
2. Trader API Credentials
After onboarding, a Trader API link appears in the left navigation.
- Consent — You must accept the Trader API terms and conditions in the app.
- API Credentials — After consenting, you can generate and manage API Credentials in the app (Trader API). Each credential is an OAuth2 client (client ID and client secret) tied to your wallet, with scopes such as
TRADER_TRADEset at creation time.- Note that these credentials provide access to your accounts. Store them securely!
- All credentials currently have full access; read-only vs admin permission is not yet supported for the low-latency trading endpoints.
Use these credentials to generate access tokens for all Trader API requests (low-latency trading and standard API: margin, YLDS, Orders, …). API access is OAuth2 client credentials: exchange client ID + secret for an opaque Bearer access token (see Authentication).
3. Orders and activity
- UI orders — Orders placed in the Figure Markets UI will appear in the activity history in the app and can receive bell notifications, push notifications, and emails on completion, expiration, or cancel.
- API orders — Orders placed via the Trader API do not appear in the in-app activity history today; use the API to retrieve order and execution data. A future Trader API dashboard or reporting feature will allow downloading order history from a start date/time.
4. Day-to-day access via UI
You can do most day-to-day operations in the Figure Markets web or mobile app without using the API. If you use the Trader API, you can still use the app for one-off trades, funding, transfers, and moving assets when that’s simpler than going through the API.
Funding and transfers
Link a bank account, deposit and withdraw USD (e.g. ACH, wire transfer where supported), and manage your fiat balance in the app.
Send and receive crypto
Use the in-app send/receive flow to move crypto in and out of your trading account. Add or manage deposit/withdrawal addresses in the app.
Margin (leverage)
Enable margin and create or repay margin loans in the UI if you prefer not to use the margin API.
YLDS and trading
Place YLDS orders and trade on the order book in the app.
What to do next
| Step | Doc |
|---|---|
| Get and use Trader API credentials | Authentication |
| Low-latency trading | Trading |
| Standard API | Standard API |
| Standard API — Accounts | Accounts |
| Standard API — Orders | Orders |
| Standard API — Leverage (margin) | Leverage |
Rate limits
Trader REST uses the same gateway rate-limiting model as Public and Partner REST (429, backoff, reasonable request rates). Details and product-specific tips (WebSocket for public market data, low-latency trading vs standard REST, FIX for partners) are in Rate limits and best practices. Contact Figure Markets if you need higher limits or a custom arrangement.