Anyone else finding prop firm payout processing a deal-breaker lately?
It's getting to the point where the actual trading is almost secondary to the friction of getting paid out. Some of these firms, the onboarding feels like a forensic audit, and then when you hit your target, it's a two-week wait for processing, sometimes with chunky fees for what? Moving numbers around? Are other people experiencing this consistently, or am I just picking the wrong batch? Seems like a fundamental operational inefficiency, especially when you're looking to compound or redeploy capital.
I've definitely noticed a similar trend. While some firms are relatively smooth, others make you jump through so many hoops just to withdraw, it almost negates the point of trading profitably with them. It makes you wonder if it's intentional to discourage withdrawals or if their backend systems are just genuinely inefficient.