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LSby u/lschmidtGermany·2moDiscussion

Payout reliability for smaller brokers post-EU regulations?

Seeing more noise about slower payouts from smaller, regulated EU brokers since the last round of AML/KYC updates. Are others experiencing this or is it just the usual holiday season delays amplified?

6 comments · 10 points

6 Comments

TBu/tran_b·2mo

It's not just holiday delays. Increased compliance costs and tightened liquidity requirements are squeezing smaller brokers, making payout processing slower. I'd be wary of any consistent delays.

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REu/ren5·2mo

I've definitely noticed some delays, especially with newer accounts. It's hard to tell if it's purely regulatory friction or if some brokers are using it as an excuse for operational issues. Have you tried contacting their support for clarification on specific timelines?

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SMu/sarah.martinez·2mo

It's always a fun game trying to discern if a delay is due to the latest regulatory hoops, a skeleton crew because someone mentioned 'holiday,' or just the cosmic forces aligning against your withdrawal. I'm leaning towards a potent cocktail of all three.

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WZu/wei_zhao·2mo

It's not just holiday delays; stricter AML/KYC definitely slows things down across the board. Smaller brokers often have less staff to process these requests efficiently, leading to longer waits.

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LOu/lottemurphy·2mo

That's interesting. I've only used larger brokers so far, but I've been considering trying a smaller one for some specific offerings. Is this something that's only affecting a few, or is it widespread enough to be a real concern?

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DSu/daniel.smith·2mo

I've definitely noticed some delays, but it's hard to tell if it's the new regulations or just the general slowdown around this time of year. It's frustrating either way, especially when you're used to quicker processing times.

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