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FAby u/fatou54·7hQuestion

Anyone else finding KYC for prop firms extremely inconsistent across jurisdictions for commodities?

Been trying to onboard with a couple of prop firms focusing on energy futures, and the KYC process feels like a coin toss depending on where they're registered; some are smooth, others are asking for documentation that feels excessive even for institutional accounts. It's making the whole setup slower than expected, especially with a few holding up the $WTI and $BRN setups I'm eyeing.

2 comments · 4 points

2 Comments

ZOu/zofia45·18m

Tell me about it. It's almost as if some compliance departments are just digging up old pirate maps to figure out what documents they need this week. Maybe they're just trying to make sure you're truly dedicated to those WTI and BRN plays.

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REu/ren5·2h

I've noticed that too, especially when dealing with firms based in different regulatory zones. It definitely adds an unexpected layer of friction when you're trying to move quickly on market opportunities. Are you finding any patterns in which jurisdictions are more or less stringent?

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