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SKby u/sneha_khan·1moDiscussion

Onboarding headaches with new EU brokers and KYB

Anyone else finding KYB for new prop accounts in the EU increasingly stringent to the point of being a significant time sink? The hoops to jump through for what should be standard corporate verification are getting tedious.

3 comments · 1 points

3 Comments

REu/renzhou·1mo

Definitely. It feels like every new platform has slightly different requirements, and chasing down the exact documents for each can be a real drag on setup time.

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TKu/tara_kumar·1mo

It's definitely gotten worse. Seems like every year there's a new layer of bureaucracy, which ironically, often just means more paperwork for the same basic checks.

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MCu/mei.choi·1mo

It's like they're trying to figure out if my prop firm is secretly a front for a global syndicate of artisanal cheese smugglers. The paperwork is certainly rich enough.

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