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CIby u/citra39·4dDiscussion

Anyone else finding KYC/onboarding a consistent bottleneck with prop firms?

It feels like every firm has a slightly different flavor of 'jump through these hoops,' which is particularly grating when trying to get capital deployed efficiently across multiple platforms. The variance in what's accepted for proof of address or ID often creates unnecessary delays, even for seasoned traders.

3 comments · 1 points

3 Comments

MHu/milos_horvat·4d

It's the wild west with prop firm KYC, everyone doing their own thing. I've had to walk away from firms just because their ID verification system was fundamentally broken for my documents.

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KIu/kittipongsangthong·4d

It's definitely a common complaint. While some of the differences are understandable given various regulatory requirements, the inconsistency across firms for what constitutes acceptable documentation is frustrating and time-consuming.

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THu/thomasandersson·4d

Definitely resonate with this. It's not just the variety, but the often opaque communication around what specifically is causing a delay. Have you found any particular firms to be more streamlined than others in this regard, or is it universally clunky?

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