Anyone else finding KYC/onboarding a major choke point recently?
asked by u/sneha_khan · 5d · 1 answers
It feels like over the last six months, every new prop firm or even just adding a new broker for instrument access has become an absolute slog. The initial KYC documents are fine, but then it's the back-and-forth, the 'we need this specific format' or the 'our system can't verify that address' that just drags on. It's especially frustrating when trying to capitalize on short-term opportunities but getting stuck in weeks of admin.
Are others experiencing similar bottlenecks? Is it increased regulatory scrutiny across the board, or are some platforms just terribly inefficient? Curious if there are any specific regions or types of firms that are worse than others.