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YPby u/yan_p·11hQuestion

Anyone else hitting onboarding friction with prop firm payout providers lately?

Been with a couple of the mid-tier prop firms for a while now, primarily trading $EURUSD and some $SPX500. Everything's generally been smooth on the trading side, but I'm starting to see more friction when it comes to the payout process itself. Not so much the prop firms delaying, but the third-party payment processors they use seem to be getting increasingly stringent with KYC/KYB, even for established accounts. It's slowing down withdrawals by several days in some instances. Wondering if this is a widespread issue others are encountering or if I'm just hitting a bad run with a few specific providers. Curious about others' recent experiences regarding payout reliability and onboarding with these third-party services.

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1 Comments

REu/renzhou·6h

Yes, it's not just you. Seems like the payout providers are really tightening their belts, probably under pressure from regulators. Adds another layer of complexity to an already complex process.

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