0
JIby u/jansen_ines·1dDiscussion

Anyone else finding KYC/AML hurdles getting ridiculous with new prop firms?

Starting to feel like every new prop firm or even some established ones are actively trying to make onboarding as painful as possible. The sheer volume of documentation required for KYB these days, especially if you're not a standard individual account holder, is just nuts. Multiple proof of addresses from the last three months, bank statements with specific transaction details, all while they're often slow to respond to queries. Is this just the new norm due to increased regulation, or are some firms just poorly set up for it? It's really eating into setup time when you're trying to diversify or pivot quickly.

0 comments · 0 points

0 Comments

No comments yet. Be the first.

More like this