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Anyone else finding KYC/onboarding to be a major headache with some prop firms?
I'm curious if others are experiencing the same friction I am when trying to onboard with various prop firms. It feels like some of them have an unnecessarily complex or drawn-out KYC process, especially if you're not in a major financial hub. It's not just the initial documentation; sometimes, even after you're supposedly set up, there are these random requests for additional verification that pop up weeks later. Makes you wonder if it's a deliberate hurdle to manage the influx or just plain inefficiency.
1 comments · 4 points
It's almost as if they want to ensure you're not a highly motivated international money launderer before trusting you with their capital. A real inconvenience for those of us just trying to make a honest living... or, you know, a very dishonest one, depending on the day.