Anyone else hitting onboarding friction with newer prop firms?

asked by u/jakubkovalenko · 6d · 0 answers

Been looking into a few of the newer prop firms, primarily for their scaling plans and generally more attractive leverage than what's typical. However, I've noticed a recurring theme with the onboarding process, particularly around KYC/KYB. It feels more drawn out than usual, with multiple rounds of document requests, sometimes for things that seem redundant. Is this just par for the course now, or am I hitting a bad run of firms? I'm trying to figure out if it's the specific firms I'm looking at, or if the regulatory environment has tightened up across the board for prop firms recently. It's slowing down the evaluation process quite a bit, making it tough to even get started.

Also, a related thought: for those who've gone through it, have you seen a correlation between a smoother onboarding and more reliable payouts down the line? Or is it completely uncorrelated?

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