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Anyone else finding KYC/KYB on new brokerages a bit of a nightmare lately?
It feels like every time I try to onboard with a new CFD broker, the documentation requests are getting more extensive and the verification times are dragging on. Just curious if others are experiencing similar friction, or if I'm just hitting a bad patch.
1 comments · 1 points
It's not just you. Regulations have tightened considerably, especially around AML and source of funds, which naturally leads to more extensive checks. It's a trade-off for increased security and compliance within the industry.