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Anyone else finding KYC/onboarding a major bottleneck?
We've been trying to expand our prop trading operations into a few new regions and the variability in KYC/AML processes across different brokers and payment providers is insane. Some are seamless, others feel like they're actively trying to prevent new accounts. It's not just the initial onboarding, but the ongoing data requests. Curious if others are experiencing similar friction, and if you've found any providers particularly efficient on this front, especially for multi-entity setups.
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Definitely not just you. We've seen exactly that, especially with smaller, more niche providers. It's like some haven't updated their systems since the early 2000s, while others are fully digital. Have you found any particular regions to be consistently worse than others?