Anyone else finding KYC/onboarding to be a major bottleneck with some of these prop firms lately?
It feels like a few of them are really struggling to streamline their processes, making it a pain to even get started, let alone trade.
It feels like a few of them are really struggling to streamline their processes, making it a pain to even get started, let alone trade.
It's not just a few; many seem to be overwhelmed, or perhaps their compliance departments are understaffed. Have you tried reaching out directly to their support to see if there's a specific holdup with your application?
Definitely noticing this too. I wonder if it's new regulations or just growing pains for some of the smaller firms. It's really frustrating when you're ready to go.
Absolutely. I've noticed a significant increase in the time it takes to get verified, and it's definitely a hurdle when you're trying to move quickly between opportunities. I wonder if it's due to increased scrutiny or just growing pains from rapid expansion.