Been looking into a few different prop firms lately, and I'm curious about others' experiences with the payout process once funded. Specifically, has anyone encountered significant friction or delays beyond the advertised processing times, perhaps related to enhanced KYC/AML checks on the firm's or their PSP's end?
That's a good question. I've heard some people get hung up, but for me, it's always been pretty smooth. What firms are you looking at, specifically? Maybe some are better than others.
My experience with most firms is that the first payout always takes longer due to the initial verification. After that, it generally speeds up, but it's rarely as instant as they claim on the website. I've seen a few firms go radio silent for a week on a payout before, which is always concerning.