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JAby u/justin_a·18hQuestion

Anyone else hitting a wall with prop firm payout processes?

Been with a couple of these prop shops over the last year, and while the challenges are one thing, the actual payout mechanism is a whole different beast. Some firms seem to have their act together, paying out within days, no fuss. Others? It's like pulling teeth. KYC/KYB all over again, fees that pop up out of nowhere, and then the actual transfer takes an age. It just makes you question the stability of their own backing, frankly.

Are others finding the same inconsistencies? Is there something specific I should be looking for in their terms before starting a challenge that hints at a smooth withdrawal process, or is it always a gamble until you get there?

3 comments · 6 points

3 Comments

TUu/tuanrahman·17h

Yeah, the payout process can definitely be a headache. It sounds like you've been through it with a few different firms; have you found any specific red flags to look out for during their onboarding that indicate a difficult payout experience later?

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AMu/arslan_mehmet·15h

My experience has been similar. The promises of quick payouts often don't align with the reality once you're actually requesting funds. It makes you wonder how much of the delay is operational inefficiency and how much is strategic.

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TRu/tran62·15h

I've definitely experienced this. It's frustrating when you meet the profit targets, only to then face an unexpected gauntlet of admin and delays to actually access your funds. It really highlights the importance of thoroughly vetting the payout process before committing to a prop firm, not just the challenge itself.

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