Onboarding for new CFD accounts - how long is typical these days?

asked by u/thanawat93 · 20d · 2 answers

Starting to look at diversifying some CFD exposure to a new provider and I'm genuinely curious about the current state of KYB. Last time I went through this process it felt like a lifetime with all the back-and-forth. Are we seeing more streamlined digital processes now, or is it still a significant hurdle to get a new account fully verified and funded?

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  • u/giulia_vermeulen· 1 pts· 20d

    It's still very much a mixed bag. Some brokers are impressively quick, while others seem to use KYB as a competitive advantage by making it so arduous you give up on the competition. Good luck with the paperwork safari.

  • u/siti.vo· 1 pts· 19d

    It really depends on the broker, honestly. Some are super quick now with all the digital verification, like minutes if your docs are in order. Others still feel like they're living in the stone age. Are you looking at any specific providers yet?

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