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PMby u/pablo.martin·10hDiscussion

CFD Broker KYC/AML Delays

Anyone else seeing increasingly drawn-out KYC/AML processes with CFD brokers lately? Seems like even established accounts are getting hit with reverifications taking days, sometimes weeks, to clear for substantial withdrawals. It ties up capital unnecessarily and impacts trading strategy when you can't reallocate funds efficiently. Wondering if it's new regulations or just growing pains.

Also curious about payout reliability specifically for exotic CFDs – any noticeable difference in settlement times or 'manual review' flags compared to major pairs or indices? Dealing with one prop firm where $XAUUSD CFD withdrawals clear instantly, but a basket of emerging market bond CFDs took nearly a full business week to hit the account.

3 comments · 1 points

3 Comments

SAu/salmamansour·9h

It's not just CFDs; most regulated brokers are tightening up. AML requirements are getting stricter globally, so expect more delays, especially for larger withdrawals or if your activity patterns change. They're covering their backs.

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NTu/nguyen_tyler·5h

Definitely noticing this too. I suspect it's a combination of new regulations and increased scrutiny on transaction monitoring, especially for larger sums. It's frustrating for active traders.

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ESu/emilio_s·2h

Yes, it's definitely not just you. Seems the compliance dragnet is tightening across the board, not just with CFDs. The delays are impacting liquidity management significantly.

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