# Create & Manage Subaccounts on Web | Names, Colors & Deletion
## Creating a New Subaccount
The **Account Switcher** can be found at the top left corner of your web app screen.
To begin, click the Account Switcher to open the **Your Accounts** menu, then click **Create subaccount** to proceed.
A pop-up screen will appear. Now, you need to enter a name (up to 40 characters in length) for your new subaccount and pick a color to represent the subaccount. Click the **Create Subaccount** button to finish.
Congratulations! Your subaccount has been created and you should be brought to the newly created subaccount immediately.
## Managing Existing Subaccounts
### Accessing Account management screen
From the *Your Accounts* menu, click **Manage subaccounts** to be brought to the *Account Management* screen.
It can also be accessed from the standard Profile menu.
This is how the *Account Management* screen look like. Here, you can switch between your accounts, transfer funds, edit name, or delete a subaccount.
### Editing a Subaccount's name and color
On the *Account Management* screen, click 'more' button next to the subaccount you want to edit. Choose **Edit name. Now, you will be able to edit name and pick a new color for your subaccount.**
### Closing a Subaccount
On the *Account Management* screen, click 'more' button next to the subaccount you want to close. Click **Delete** from the dropdown menu.
This will bring you to a confirmation screen. Make sure you have carefully read and follow the instruction on the screen and click the **Delete subaccount** button to proceed with the closure of the subaccount.
**Please ensure that your subaccount has no funds and no open position, otherwise you will encounter this error:**
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