Prop Firm Payout Reliability: Anyone notice differences post-FTX?
Hey everyone,
I've been grinding away with a few different prop firms over the past year, primarily focusing on forex pairs like $EURUSD and some of the more liquid crypto CFDs when volatility is up. My main question lately revolves around payout reliability and the actual mechanics behind it, especially after the whole FTX debacle. It seems like since then, there's been a noticeable shift in how some firms process payouts, or at least my perception of it.
Pre-FTX, things felt a bit more fluid. Now, it feels like there's more scrutiny on the PSPs they use, or perhaps the firms themselves are being more cautious. I'm finding some delays, not necessarily egregious, but enough to make me wonder if others are experiencing this too. Is it just heightened regulatory pressure translating into longer processing times? Or perhaps a move towards more conservative banking partners for these prop firms? I'm curious if anyone has insights into the underlying infrastructure changes they might have observed or even heard about on the backend. Are we seeing a general tightening of liquidity for these firms, or am I overthinking a few isolated incidents?
That's a super interesting point about FTX's impact. I've only just started looking into prop firms myself, but I'm curious if you're seeing slower payouts or more hoops to jump through specifically? What's the biggest change you've noticed?