Onboarding Friction: KYC vs. Getting to the Market
asked by u/rtoth · 2d · 0 answers
Anyone else finding the KYC/AML gauntlet with some new prop firms or brokers to be an absolute nightmare these days? I get the need for compliance, truly, but when it feels like I'm applying for a top-secret government clearance just to fund an account and trade a few lots of $EURUSD, it makes me wonder if they actually want new clients. It's a fine line between due diligence and outright bureaucratic paralysis. How do you guys factor that into your infrastructure decisions?