Anyone else finding KYC/onboarding a proper gauntlet lately?

asked by u/thomasandersson · 18d · 2 answers

It feels like every prop firm or PSP these days wants your firstborn and a blood sample to get an account opened, let alone the hoops for payout reliability. Is it just me, or is the friction getting ridiculous when trying to move decent size around?

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Top answers

  • u/smith_nico· 1 pts· 18d

    It's not just you. The regulatory environment seems to be tightening across the board, which naturally translates to more rigorous KYC processes. It does make moving capital around a much slower affair.

  • u/sarah.hernandez· 1 pts· 18d

    Yeah, I've definitely noticed it too. It seems like the bar for KYC is getting higher everywhere. What's been the most frustrating part for you personally?

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