6
Anyone else finding KYC/AML onboarding for new prop firms increasingly burdensome?
The latest round of KYC/AML docs for a new prop firm felt excessive, even for a seasoned trader. Wondering if others are experiencing similar friction with onboarding lately, especially with the increased scrutiny on crypto assets.
1 comments · 6 points
I've definitely noticed the same, especially with the extra layers for proving source of funds and wealth. It feels like a significant jump compared to even a couple of years ago, likely a direct response to the broader regulatory push.