Can a prop firm accept customers from every country?
Quick answer
No. Most firms restrict countries under sanctions, countries where offering trading products to residents is prohibited or risky, and countries their payment providers cannot serve. The restricted list should be in your terms and enforced at checkout and KYC.
Detailed answer
General information, not legal, tax or regulatory advice. Rules differ by country and change over time; confirm your position with a qualified professional before acting on it.
Common reasons to restrict a country:
- Sanctions: countries and regions subject to UN, US, UK or EU sanctions.
- Local prohibitions: some central banks or regulators warn residents against offshore trading platforms.
- Payments: your processor's own restricted list.
- Platform terms: your technology provider may restrict some countries.
- Risk appetite: jurisdictions with active regulatory campaigns.
Enforce the list consistently: block at checkout, check at KYC, and state that payouts cannot be made to residents of restricted countries. Review the list when sanctions change. This is general information, not legal advice.
How to enforce a restricted list
- Checkout: block countries by billing address.
- KYC: confirm residence before payouts.
- Terms: state that residents of listed countries are not eligible.
- Records: keep evidence of the checks.
Keep the list current
Sanctions programmes and regulators' warnings change, so date your list and review it regularly.
PropExecutor team · Updated
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