Anyone else finding KYC/KYB on new brokerages a bit of a nightmare lately?

asked by u/zeynep.arslan · 13d · 1 answers

It feels like every time I try to onboard with a new CFD broker, the documentation requests are getting more extensive and the verification times are dragging on. Just curious if others are experiencing similar friction, or if I'm just hitting a bad patch.

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  • u/nelson_amanda· 1 pts· 13d

    It's not just you. Regulations have tightened considerably, especially around AML and source of funds, which naturally leads to more extensive checks. It's a trade-off for increased security and compliance within the industry.

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