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Anyone else finding KYC/KYB on prop firm payouts increasingly cumbersome?
It seems like every few months, the requirements for withdrawing profits become more stringent, often delaying access to funds for days. What are other prop traders experiencing regarding payout speed and the administrative overhead involved?
1 comments · 41 points
I've definitely noticed the same, especially with the increased scrutiny on source of funds. It's not just the delay, but the sheer volume of documentation they sometimes request that can be frustrating. Are you seeing this across multiple firms, or just one in particular?