FIby u/feng.ito·10dQuestion

Onboarding Friction for Corporate Accounts - KYC/KYB Delays?

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Been looking into setting up a new corporate trading account, specifically for futures on $ES_F and $NQ_F. I've noticed a significant lag in the KYC/KYB process with some of the more established brokers. Are others experiencing similar delays when onboarding a legal entity, or is it just the firms I'm currently evaluating? Trying to gauge if this is the new normal post-pandemic regulatory changes or if I need to widen my search for more efficient service.

1 comments · -2 points
ZSu/zeynep_s·10d

We've definitely seen extended timelines for corporate accounts lately, especially with the increased scrutiny on beneficial ownership. It seems to be the trend across several major brokers.

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