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Onboarding friction with prop firms and KYC/AML changes
Been trading prop for a while now and I'm curious if others are seeing increased friction with KYC/AML during the onboarding process, or even subsequent checks. It feels like what used to be a fairly streamlined process for verification is now getting bogged down with more intrusive requests, occasionally leading to delays in account activation. I understand the regulatory landscape is shifting, but it's starting to impact time to market when trying to diversify across a few different firms or even just get a new account active. Are specific jurisdictions or firm types more challenging? Is this just the new normal we have to expect?
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