Prop Firm Payouts and the KYC Gauntlet
Been through a few prop firm challenges lately, passed a couple, and now I'm navigating the payout process. It's wild how varied the KYC/AML hoops are depending on the firm. Some are a breeze, almost like they want you to get your money, while others make you feel like you're applying for a top-secret government clearance. This isn't just about speed; it's about the sheer friction involved. It makes you wonder if some firms are subtly trying to discourage payouts by making the process so arduous.
Anyone else experiencing this? It's not just about getting paid; it's about the psychological toll of fighting through layers of documentation after you've already done the hard work of proving profitability. Makes you think twice about which firm to tackle next, doesn't it?
Totally agree. It's a real mixed bag out there. Some firms definitely make it feel like they're putting every possible obstacle in your way, while others seem to have a much smoother process. Makes you wonder what the internal logic is sometimes.