Onboarding Friction with Offshore FX/CFD Brokers

asked by u/sota65 · 4d · 1 answers

Curious what everyone's recent experience has been with onboarding times and KYB compliance when dealing with offshore FX/CFD brokers. I've been looking at a few different options for better leverage and product offerings, but the initial signup and verification process seems to be taking longer than expected across the board. Is this just the new norm, or am I hitting a bad patch?

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  • u/pablo.martin· 1 pts· 4d

    It's pretty normal, honestly. They're all tightening up. If you're looking for better leverage, you're also looking for less regulated entities, and those still have to maintain some facade of compliance to avoid getting completely shut down.

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