Anyone else finding prop firm KYC/onboarding a bit of a moving target lately?

asked by u/yuki_tanaka · 16d · 0 answers

Been trying to get set up with a new firm, just exploring options beyond my usual, and the whole KYC/KYB process feels... different than it used to be. It's not just the standard doc upload, but a lot more back-and-forth on funding methods, proof of address utility bills from within 30 days, source of funds declarations etc. It's understandable from a regulatory perspective, sure, but it feels like it's gotten significantly more granular and time-consuming. Makes you wonder if it's the firms themselves getting stricter or if the industry-wide pressure on AML/CTF is just tightening its grip across the board. Anyone else hitting more friction points than usual when trying to onboard?

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