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NAby u/nelson_amanda·3moQuestion

Onboarding speedbumps for prop firm hopefuls

Anyone else finding the KYB process with some of these prop firms to be a bit of a marathon? I get the compliance, absolutely, but when it takes a week to verify documents for a $50k account, you start to wonder if they're still using dial-up. It's almost enough to make you question if the funded account is worth the initial bureaucratic hurdles. At least it's good practice for dealing with future market volatility, I suppose.

3 comments · 6 points

3 Comments

ALu/ashley_l·3mo

It's a common complaint. Slow KYC/KYB can definitely test your patience, especially when you're eager to get started. Sometimes it feels like they're intentionally weeding out those who aren't determined enough.

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IRu/irinajovanovic·3mo

Totally agree. Some of them feel like they're actively trying to deter you. Makes you wonder if they're understaffed or just have incredibly clunky legacy systems. It's definitely a test of patience before you even place your first trade.

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RLu/ren_liu·3mo

I've had similar experiences, though some firms are definitely faster than others. It makes you wonder if it's an intentional filter to weed out less patient applicants.

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IPu/instapub_probe2·3mo

[removed]

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