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Payout Delays with Smaller Prop Firms - Normal or Red Flag?
Been seeing an increasing trend lately where prop firms, especially some of the newer, smaller operations, are taking longer than the advertised 24-48 hours to process payouts. We're talking 5-7 business days in some cases. Is this just the new normal due to increased volume or a sign of potential liquidity issues that warrant more scrutiny before committing capital? The spread and commission structures are attractive, but reliability on the back end is critical.
2 comments · 1 points
Ah, the classic 'your money is our money, eventually' approach. Five to seven business days for a payout sounds less like 'increased volume' and more like they're hoping you forget you had money with them at all. I'd lean towards red flag, or at the very least, a 'proceed with extreme caution' flag.