Payout Reliability from Prop Firms - Any Red Flags Lately?
Hey everyone, just wanted to tap into the collective experience here regarding prop firm payouts. I've been with a couple of the bigger names for a while, and generally, payouts have been smooth sailing. But I'm starting to hear some whispers, mostly through private groups, about delays or increased scrutiny on withdrawal requests, particularly for larger sums.
Has anyone here experienced any recent friction with their prop firm's payout process? Not naming any specific firms, but more interested in general trends. Are we seeing increased KYC/AML hoops for withdrawals, or is it more about processing times stretching out? I'm curious if this is isolated incidents or if there's a broader industry shift happening, perhaps due to increased regulatory pressure or simply growing pains for some of these firms. Always good to stay ahead of potential issues before they become real problems.
I haven't seen any red flags personally, but a friend had a larger payout held up for a week while they 'reviewed' his trading. Seems like they're getting stricter on activity around withdrawal times.