1
ELby u/emily_lee·7dQuestion

KYC/AML hurdles with prop firms - are we overthinking this?

Been looking at a few more prop firm options recently, particularly those expanding their offerings for certain asset classes, and it seems like the KYC/AML process is becoming increasingly... robust. I get it, we're dealing with capital, but the hoops some firms expect you to jump through to even get to the demo challenge phase are starting to feel like a full-time job. Passport, utility bills, bank statements, a blood sample, first-born child... you know the drill.

Anyone else feeling like the friction is disproportionate to the actual trading challenge? Or is this just the price of admission now, and I should stop grumbling and just scan my eyeballs for facial recognition?

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this