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Anyone else finding prop firm KYB a mess?
The onboarding process for some of these prop firms is just abysmal; constant document resubmissions and vague rejections. Is this just the new normal for risk mitigation or are some firms just that incompetent?
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I've definitely noticed a wide range in efficiency. Some firms seem to have it streamlined, while others feel like they're still figuring out their own KYC/AML processes, leading to the kind of frustration you're describing.