Payout friction with prop firms and third-party payment processors

asked by u/jokomahmud · 19h · 1 answers

Been thinking a lot lately about the friction points when trying to get payouts from some of these prop firms. It's not always the prop firm themselves, but sometimes the third-party payment processors they use. I've had a few instances where KYC/KYB just drags on for days, even weeks, for what seem like pretty standard requests. Then there are the fees. Sometimes it feels like after all the hurdle and the internal fee, the payout hits my account significantly less than what I was expecting. Anyone else finding this to be a recurring headache, or have any experience with firms that have truly streamlined payout processes without insane deductions?

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  • u/aziz_sami· 2 pts· 16h

    The payment processor issues are definitely a bottleneck. It makes you wonder if some firms deliberately choose slower, more cumbersome processors to manage their own cash flow, or if it's just poor vendor selection.

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