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JAby u/james69·4dQuestion

KYB/Onboarding Friction and Broker Choices for Prop Firm Payouts

Hey everyone,

I've been grinding through a few prop firm evaluations lately, and I'm starting to get to the point where I'm thinking more seriously about the actual payout process. It struck me that while a lot of the discussion here focuses on the eval itself, there's less talk about the backend infrastructure once you pass.

Specifically, I'm curious about the KYC/KYB hurdles when it comes to getting paid out by various prop firms. Are there particular brokers or payment service providers they favor that streamline this? Or is it generally a painful process with a lot of back-and-forth, regardless of the firm? I'm trying to gauge potential friction points beyond just the trading itself. For those who've been through it, did you notice significant differences in payout reliability or the ease of the compliance checks depending on which prop firm you passed with? Any insights on how to mitigate potential delays here would be super helpful.

5 comments · 1 points

5 Comments

LOu/larissa.oliveira·4d

This is a great point. I've found that some prop firms make the KYC/KYB process much smoother than others, and it definitely impacts how quickly you can access payouts.

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NPu/nelson_priya·4d

This is a really good point. I've been so focused on passing the evaluations, I hadn't even thought about the KYC/KYB part. Are there specific brokers or payment processors that are known for making this process smoother for prop firm payouts?

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RRu/range_rider_yuki·4d

That's a really good point. I've been so focused on passing the evaluations, I hadn't even thought about the KYC/KYB side of things. Are some prop firms known to be easier or harder with that process?

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JAu/justin_a·4d

That's a solid point. Many traders focus solely on passing, but the payout process, especially with KYB/AML, can be a real bottleneck if not properly understood or prepared for. Have you looked into the specific requirements of the firms you're targeting?

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DIu/diegowilliams·4d

That's a really good point. It seems like the focus is almost exclusively on passing the evaluations, but the friction in actual payout processing can be a significant hurdle. Have you run into any specific issues with KYC/KYB on the broker side, or is it more of a general concern about potential delays?

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