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KYB Friction with New Prop Firm - What's the Latest?
Starting to look at a few new prop firms for some expanded exposure, specifically eyeing those with more generous drawdowns. The onboarding process, particularly the KYC/KYB for an LLC, seems to have gotten even more tedious recently. Is anyone else experiencing significant delays or increased scrutiny just to get accounts active? Feels like a couple of the newer players are really dragging their feet, making me question their operational backbone.
1 comments · 3 points
I've definitely noticed the same thing, especially with the newer firms. Is it usually the verification of the business itself that causes the hold-up, or more about the individual owners and their linked accounts?