r/prop-firms

Anyone else finding that the onboarding process for some prop firms, particularly around KYC/AML and subsequent PSP integration for payouts, is still a major choke point? I've run into a few where the initial challenge is fine, but then getting the payout method set up feels unnecessarily clunky, almost like an afterthought, and introduces significant delays. Seems like a critical area for improvement given the volume some of these firms are handling.

Anyone else finding the Know Your Business process to be an absolute nightmare when trying to manage accounts across several prop firms? It's not just the initial KYC/KYB with each new one, but the constant re-verification or needing to jump through hoops for payout methods when trying to scale. Feels like some of them are deliberately obtuse with their payment processors, making you wonder if they're hoping you just give up on withdrawing your (hypothetical) earnings. Getting a payout reliably is sometimes half the battle, the other half is just getting your info verified so you can even request it in the first place.

I've been looking into a few new prop firms lately, specifically for their crypto offerings, and the onboarding process is just… painful with some of them. It's not just the usual KYC stuff; some are asking for an insane amount of documentation that feels disproportionate to the capital they're offering access to. Wondering if anyone else has experienced significant friction there or found a firm that really streamlines this for experienced traders. It's almost enough to make you stick with a less optimal payout just to avoid the hassle.

Been through a few prop firm challenges lately, passed a couple, and now I'm navigating the payout process. It's wild how varied the KYC/AML hoops are depending on the firm. Some are a breeze, almost like they want you to get your money, while others make you feel like you're applying for a top-secret government clearance. This isn't just about speed; it's about the sheer friction involved. It makes you wonder if some firms are subtly trying to discourage payouts by making the process so arduous.

Anyone else experiencing this? It's not just about getting paid; it's about the psychological toll of fighting through layers of documentation after you've already done the hard work of proving profitability. Makes you think twice about which firm to tackle next, doesn't it?

Been diving into a few different prop firm challenges recently, and one thing that's really jumped out at me is the massive discrepancy in both the onboarding process and the execution quality. I'm talking about getting verified in minutes vs. days, and then seeing significant slippage on $EURUSD trades with one firm compared to almost none with another, even during similar market conditions. Is this just down to their underlying broker choice, or are there other factors at play, perhaps related to their specific liquidity providers or how they manage order flow? Curious if others have noticed this too, and if there are any specific firm characteristics that tend to correlate with smoother execution and faster KYB.

Anyone else finding the KYB process with some of the newer offshore prop firms becoming a real headache lately? I've gone through a few recently where the documentation requirements felt a bit inconsistent, leading to delays and multiple resubmissions. It's not just the wait, but the lack of clarity on why certain documents weren't accepted initially. Wondering if this is a broader trend as they mature or just my recent luck. It impacts time to capital, which is the whole point of these challenges.

Been hopping between a few different prop firms for diversification and to test different payout structures. What I'm noticing lately, particularly with some of the newer or smaller shops, is a real uptick in friction during the KYB process. It's not just the usual ID/address stuff; some are asking for utility bills from specific months, detailed bank statements that feel a bit invasive, or really dragging their feet on verification. I get that regulations are tightening, and we want secure platforms, but it feels like some are over-correcting, making the onboarding a much more significant time sink than it used to be. Makes me wonder if they're trying to thin out applicants or if it's genuinely a reflection of increased scrutiny from their own banking partners. Thoughts?

Alright, so I've been wrestling with this lately: trying to choose a new prop firm. On one hand, you've got firms touting incredibly tight spreads and low commissions, which is obviously attractive for any active trader. Every pip counts, right? But then you hear the whispered tales of payout delays, arbitrary KYC/AML hurdles cropping up after a successful trading period, or just generally opaque withdrawal processes. It makes me wonder if we, as traders, are so conditioned to chase the 'best' trading conditions that we sometimes overlook the fundamental 'can I actually get my money out?' question. Is it better to tolerate slightly wider spreads or a fractional increase in commission if it means having absolute confidence that when you hit that withdrawal button, the funds will actually arrive without a saga? I'm leaning towards the latter, but it feels like a compromise I shouldn't have to make. Are others finding this to be a primary decision point now, given the landscape?

Anyone else hitting significant friction with KYB for new prop firm accounts recently? It feels like some of the newer firms are struggling to integrate their PSPs effectively, leading to prolonged verification times and repeated document requests. Curious if this is isolated to a few firms or a broader industry trend with the surge in prop trading.

Curious how different prop firms handle weekend payout requests, especially for those of us trading more volatile pairs like $BTCUSD. Is there a general lag in processing times or are some providers able to facilitate faster transfers on non-business days, given the 24/7 nature of crypto markets?

Anyone else finding the KYB process with some prop firms increasingly cumbersome? The document requirements seem to be escalating, and the turnaround times for verification are stretching out. It feels like a significant hurdle before even getting to evaluate their platform or spreads. Curious if this is a widespread experience or if I'm just hitting some less efficient firms lately.

Hey everyone, been grinding away at a few prop firm challenges lately and something's been bugging me. I've been pretty consistent with my own personal trading for years, running a tight ship on execution and managing spreads, especially on pairs like $EURUSD and even some of the more volatile indices.

However, it feels like with some prop firms, even the ones touting 'raw spreads' or 'ECN execution', the reality on the ground is a bit different. I'm seeing wider spreads during active trading hours than I'd typically expect from a top-tier retail broker, and sometimes slippage that just doesn't feel right for the market conditions. It makes me wonder if there's a difference in liquidity providers or if the internal matching engines are just not as robust. Is anyone else experiencing this? Has it impacted your ability to hit profit targets or maintain your typical R:R? Just trying to get a read on whether this is common or if I need to adjust my expectations/strategy for prop firm challenges.

สวัสดีครับทุกคน อยากแชร์ประสบการณ์และสอบถามนิดหน่อยครับ พอดีกำลังดู Prop Firm แห่งใหม่ หลังจากที่เทรดกับเจ้าเก่ามาได้สักพัก ตอนนี้กำลังติดประเด็นเรื่องการเลือกโบรกเกอร์ที่ Prop Firm เหล่านั้นใช้ คือบางเจ้าดูดีหมด ทั้งเงื่อนไขและค่าธรรมเนียม แต่พอไปดูโบรกเกอร์ที่เขาผูกด้วย กลับเป็นโบรกเกอร์ที่ไม่ค่อยคุ้นเคย ไม่แน่ใจเรื่องสภาพคล่องและความน่าเชื่อถือเลยครับ โดยเฉพาะเวลาจะถอนเงิน เคยมีประสบการณ์กับเจ้าอื่นที่ต้องรอนานมากๆ หรือมีค่าธรรมเนียมแฝงเยอะจนน่าหงุดหงิด มีใครเคยเจอเหตุการณ์แบบนี้บ้างไหมครับ แล้วมีเกณฑ์อะไรในการพิจารณาเรื่องนี้เป็นพิเศษบ้าง หรือเราควรถาม Prop Firm ตรงๆ ไปเลยว่าการจ่ายเงิน (payout) โดยเฉลี่ยใช้เวลานานแค่ไหน หรือมีกระบวนการตรวจสอบที่ซับซ้อนหรือไม่ เพราะท้ายที่สุดแล้ว เราเทรดได้กำไรก็อยากได้เงินออกมาใช้จริงไหมครับ

Noticed a few firms seem to be slipping the spread a bit more lately, especially during volatile sessions when trying to take profits. It's subtle, but adds up over a month. Curious if anyone else has observed this, or if it's just the liquidity drying up on certain pairs after some big news events. Makes you wonder if their underlying broker relationships are being squeezed.

Been looking at a few newer prop firms lately, specifically for their lower capital requirements and supposedly tighter spreads on certain pairs like $EURUSD. However, the Know Your Business (KYB) process with a couple of them has been an absolute nightmare. Long delays, repetitive document requests, and a general lack of clarity on what exactly they need. It feels like they're trying to innovate on the trading side but completely drop the ball on the operational onboarding.

Is anyone else experiencing this, or have I just hit a bad patch? Curious to hear if others have found firms with genuinely smooth and efficient KYB/onboarding processes recently, particularly those focused on the retail prop space.

Been trading with a few different prop firms over the last year, generally focusing on FX pairs like $EURUSD and $GBPUSD. While the challenge phases are fairly standardized, I've started to notice a clear divergence once it comes to payouts. Specifically, the Know Your Customer (KYC) and Anti-Money Laundering (AML) checks seem to be getting disproportionately more rigorous and time-consuming after a successful payout request is initiated, compared to the initial onboarding.

It feels like some firms are using these increased compliance checks as a way to delay or even deter withdrawals, citing 'internal review' or requiring additional, sometimes redundant, documentation that wasn't asked for during the initial setup. Is this just my experience, or are others seeing a similar trend across the industry? Is it a byproduct of stricter financial regulations globally, or are some of these firms genuinely testing the resolve of their traders?

Anyone else noticing some concerning spread widening and slippage on prop firm accounts, especially during moderate volatility? I'm talking about $EURUSD and $GBPUSD moves that shouldn't be causing 2-3 pip discrepancies on entry/exit. Makes you wonder if their 'prime broker' access is more like 'discount bin broker' access when it actually matters.

Noticing a distinct shift lately; feels like the spread on $EURUSD during even moderately volatile periods with some of the newer prop firm setups is considerably wider and less consistent than what I'd see on my personal accounts with established retail brokers. Is this just a function of their underlying liquidity providers, or are we experiencing the bleed-over from less competitive pricing models as more firms flood the market? It directly impacts effective stop-loss placement and scaling strategies. Curious if others are experiencing similar degradation or if I just need to re-evaluate my platform choices.

Hey everyone, been kicking around a few prop firms lately, and something that keeps coming up is the absolute slog of the KYC/AML process when it comes to payouts. It feels like every time I get to the withdrawal stage, it's a whole new set of hoops to jump through, often different from the initial onboarding. Documents that were accepted for the challenge suddenly aren't good enough, or there are new requirements for proof of address that seem to shift.

I get the need for compliance, especially with the amounts involved, but it adds a significant layer of friction and delay. It makes me wonder if some firms are intentionally making it difficult, or if it's just an industry-wide lack of standardization and efficiency. Are others experiencing this? What are your strategies for navigating this, or have you found any firms that genuinely streamline this part of the process without compromising security? It's becoming a major factor in how I evaluate a firm's overall reliability, beyond just their spreads and challenge structure.

Anyone else noticing increased friction on payouts, specifically with certain PSPs? Not naming names, but seems like some are getting more scrutinizing on large transfers or have slower processing times lately. Wondering if it's volume-related or stricter AML/KYC on their end affecting prop firm transfers. \n\nIt's not just the prop firm's internal processing, but the PSP's bottleneck that seems to be the choke point. Impacts capital redeployment.

It seems like every few months, the requirements for withdrawing profits become more stringent, often delaying access to funds for days. What are other prop traders experiencing regarding payout speed and the administrative overhead involved?

Anyone else finding the Know Your Business process for some of these prop firms unnecessarily drawn out, especially when it comes to the ultimate payout? Seems some of them are quick to onboard for the challenge but then drag their feet when it's time to actually get funded or withdraw earnings. Curious about others' experiences regarding the speed and hurdles of the actual payout process once a challenge is passed.

Been trading with a couple of different prop firms lately, specifically on forex pairs like $EURUSD and $GBPUSD, and I'm starting to notice some significant discrepancies in spreads and execution speed. One firm consistently has wider spreads during volatile news events, making scalping particularly challenging, even on their 'raw spread' accounts. The other seems to offer tighter spreads, but I've experienced some unexplained slippage on larger orders, which eats into profits.

I'm curious to hear others' experiences regarding the actual trading conditions once you're live. Are you seeing similar variations across firms? It's not just about the challenge price; the real cost of trading, including spreads, commissions, and execution quality, seems to be a major variable affecting long-term profitability with these models. How are you evaluating this beyond just the headline numbers?

Starting to look at a few prop firms more seriously, and the onboarding process for the good ones seems to be a real drag. I'm finding that the Know Your Business (KYB) checks, especially around proof of funds or source of wealth for some of these firms, are quite intrusive and slow. It's almost like a full bank-level review, which I guess makes sense for their risk, but it's becoming a bottleneck for getting funded quickly.

Anyone else experiencing this, or found a prop firm that's managed to streamline this without compromising compliance? Curious if there's a particular firm or a pre-emptive step I can take to make the KYB process smoother.

Curious what everyone else's experience has been lately with prop firm onboarding, specifically the KYB process. I've been trying to get set up with a new outfit this week and it's felt like pulling teeth just to get past basic verification. Seems like a lot of hoops to jump through for what should be a relatively quick process, especially compared to some brokers I've dealt with in the past. Are these delays more common now, or did I just pick a bad one?

Been looking into a few of the newer prop firms, primarily for their scaling plans and generally more attractive leverage than what's typical. However, I've noticed a recurring theme with the onboarding process, particularly around KYC/KYB. It feels more drawn out than usual, with multiple rounds of document requests, sometimes for things that seem redundant. Is this just par for the course now, or am I hitting a bad run of firms? I'm trying to figure out if it's the specific firms I'm looking at, or if the regulatory environment has tightened up across the board for prop firms recently. It's slowing down the evaluation process quite a bit, making it tough to even get started.

Also, a related thought: for those who've gone through it, have you seen a correlation between a smoother onboarding and more reliable payouts down the line? Or is it completely uncorrelated?

Been looking at a few more prop firm options recently, particularly those expanding their offerings for certain asset classes, and it seems like the KYC/AML process is becoming increasingly... robust. I get it, we're dealing with capital, but the hoops some firms expect you to jump through to even get to the demo challenge phase are starting to feel like a full-time job. Passport, utility bills, bank statements, a blood sample, first-born child... you know the drill.

Anyone else feeling like the friction is disproportionate to the actual trading challenge? Or is this just the price of admission now, and I should stop grumbling and just scan my eyeballs for facial recognition?

Been trading prop for a while now and I'm curious if others are seeing increased friction with KYC/AML during the onboarding process, or even subsequent checks. It feels like what used to be a fairly streamlined process for verification is now getting bogged down with more intrusive requests, occasionally leading to delays in account activation. I understand the regulatory landscape is shifting, but it's starting to impact time to market when trying to diversify across a few different firms or even just get a new account active. Are specific jurisdictions or firm types more challenging? Is this just the new normal we have to expect?

Alright, so I've been wrestling with a particular prop firm's payout process lately, and it's starting to feel like I'm trying to extract gold from a stone with a toothpick. The initial challenge was smooth enough, but now that it's time to actually get paid, the hoops are multiplying. Delays, opaque communication, and a general sense that they're doing me a favour by even considering my request. It makes you wonder if some firms deliberately make it difficult, hoping you'll just get tired and churn your account back into a challenge. Is this just the new normal, or have I picked a lemon?

It feels like some of these newer prop firms are really struggling with efficient KYC and onboarding processes, leading to frustrating delays before you can even get started.