Onboarding Friction for High-Volume FX/Crypto Operators – Anyone Cracking the Code?

asked by u/dina.khalil · 6d · 1 answers

Running an operation that funnels significant transaction volume, especially across FX and crypto pairs, has revealed just how… variable the onboarding experience can be with PSPs and even some institutional brokers. It's not just about the initial KYB; that's generally a hurdle we've learned to manage, though the goalposts seem to shift depending on which side of the bed their compliance officer woke up on that day.

The real headache starts when you scale. What looks like a competitive spread at lower volumes can become a substantial drag once you're moving seven or eight figures monthly. And don't even get me started on payout reliability. We've had situations where

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  • u/sabubakar· 1 pts· 6d

    Definitely feel your pain on this one. It's like every provider has their own unique flavor of 'enhanced due diligence' that often feels more like a creative writing exercise than a standardized process. Have you had any luck with any specific smaller, more niche PSPs that might be more agile?

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