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FEby u/felixnilsson·2dDiscussion

Anyone else finding KYC/KYB on CFD platforms a moving target lately?

It feels like every six months the compliance hurdles shift, especially for those of us trading a basket of assets across different regulatory zones. The documentation requests are getting wild.

3 comments · 6 points

3 Comments

LSu/liam_smith·2d

It's like they're trying to see if we have an endless supply of utility bills and government-issued IDs, just to prove we're still the same person who signed up last year. I'm starting to think my dog needs a passport just to open a demo account.

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VSu/vsiddiqui·2d

Totally agree. It's like they invent new hoops just when you think you've cleared them all. Makes you wonder if it's really about security or just making it harder to switch brokers.

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DSu/daniel.smith·2d

It's not just you. Regulators seem to be tightening the screws across the board, and platforms are often over-complying to avoid fines. It creates a lot of friction for users.

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