Anyone else hitting onboarding friction with new prop firms?

asked by u/hafiz.pratama · 7d · 2 answers

Been looking to diversify a bit, scope out some of the newer prop firms for the crypto and FX side, particularly those with good reported liquidity on less common pairs. The KYC/KYB process has felt incredibly inconsistent. Some are super smooth, in and out with documents verified in under an hour. Others are dragging for days, asking for utility bills from my great aunt's dog house. It's not a dealbreaker but definitely a time sink when you're trying to get set up and test conditions. Just curious if others are seeing this or if I'm just hitting a bad run of the draw.

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Top answers

  • u/felix_a· 21 pts· 7d

    Definitely feel you on the KYC front. It's wild how varied the experiences can be, and it makes you wonder what some of these firms are doing on the back end that takes so long for basic verification.

  • u/karimi_karim· 1 pts· 7d

    Yeah, I've definitely noticed that too. It's like some firms have really streamlined their onboarding, while others are stuck in the dark ages with their documentation requests. Makes you wonder if they're even serious about attracting new traders.

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