TL;DR: 3 BestProps-listed firms currently publish a complete restriction affecting Guinea-Bissau traders. The5ers and FTMO block their simulated forex and CFD services, and Take Profit Trader prohibits futures platform and market-data access. No crypto-only profile in the reviewed set had a verified complete country ban.
This is a restricted-firm list. Firms that currently accept Guinea-Bissau residents are not included. Product-only limits and live-account-only limits are not counted as complete bans.
Prop firms that do not accept Guinea-Bissau traders
Every name below has a current first-party policy that explicitly names Guinea-Bissau. Country rules can change without notice, so open the linked policy again before paying an evaluation fee.
| Prop firm | Market | What the policy says | Official source |
|---|---|---|---|
| The5ers | Forex and CFD, Futures | Guinea-Bissau is a Forbidden Territory across The5ers’ current CFD and futures services. | Official policy |
| Take Profit Trader | Futures | Platform and market-data access from Guinea-Bissau is prohibited. | Official policy |
| FTMO | Forex and CFD | FTMO does not provide services to clients in Guinea-Bissau. | Official policy |
Restricted futures prop firms in Guinea-Bissau
2 verified futures firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- The5ers
- Take Profit Trader
Restricted forex prop firms in Guinea-Bissau
2 verified forex or CFD firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- The5ers
- FTMO
Restricted crypto prop firms in Guinea-Bissau
BestProps did not verify a complete crypto restriction from a current first-party policy. A firm will be added only after its own policy explicitly names Guinea-Bissau.
Why prop firms restrict Guinea-Bissau traders
FundedNext is excluded even though its futures program blocks account purchases from Guinea-Bissau because its current CFD policy does not list the country. Under BestProps’ profile-level rule, a restriction must cover every current program represented on that profile before the firm is called fully restricted.
The included policies are provider decisions, not evidence that Guinea-Bissau bans every simulated evaluation. Payment reach, identity verification, market-data licensing, broker coverage, and payout support can each produce a country restriction.
Guinea-Bissau currency, regional supervision, and market access
Guinea-Bissau is a member of the West African Economic and Monetary Union and uses the West African CFA franc issued within the BCEAO system. Dollar-priced evaluation fees and rewards therefore need conversion into CFA francs, and the bank, card network, or payout service may add a spread or transfer charge.
The Central Bank of West African States publishes the banking institutions for the monetary union and information about payment and financial-market infrastructure. Traders should confirm that the institution receiving or delivering funds is supported in Guinea-Bissau and that the account name matches the prop firm’s identity records.
The regional securities market uses the BRVM and the West African market regulator rather than a separate large Guinea-Bissau exchange. A regulated securities purchase through an authorized regional intermediary differs from a simulated prop evaluation, which generally does not give the user ownership or custody of the referenced instrument.
Internet reliability, international card acceptance, and cross-border payout coverage can matter as much as trading rules. Before buying an evaluation, test whether the provider supports the resident’s document type, local address, phone number, payment method, and the proposed reward currency without workarounds.
Keep the current policy, contract, receipt, identity result, account statements, exchange-rate record, and reward documents. A Guinea-Bissau tax or legal professional can then determine how the payment should be characterized and whether any declaration, business, or cross-border reporting obligation applies.
- BCEAO
- BCEAO banking institutions
- West African regional securities exchange BRVM
- IMF Guinea-Bissau country page
What Guinea-Bissau traders should check before checkout
- Confirm that both citizenship and residence are eligible.
- Check the evaluation, simulated funded, live-funded, and payout rules separately.
- Use your real address and identity documents. A VPN does not change KYC eligibility.
- Confirm the payout provider supports your country and expected currency.
- Save a dated copy of the policy and checkout terms before paying.
- Confirm local foreign-exchange, tax, securities, and crypto rules with a qualified professional.
Guinea-Bissau prop firm restrictions FAQ
How many prop firms restrict traders from Guinea-Bissau?
BestProps verified 3 current firms with a complete restriction affecting at least one market covered on this page.
Does a restricted country always block the evaluation purchase?
Most policies on this page block new accounts or platform access. Some firms also consider citizenship, travel location, payout access, or the live-account stage, so the official policy remains the final source.
Are partial country limits included in the main list?
No. A firm that still allows an evaluation, simulated funded account, or payouts is not counted as completely restricted merely because its live-account path or one platform is unavailable.
Can a VPN make a restricted trader eligible?
No. Firms verify identity, residence, payment details, and login patterns. Concealing location can lead to account closure, payout denial, or loss of fees.
Are prop firm payouts treated like local brokerage gains?
Not necessarily. Evaluation payouts may be contractual or business income rather than gains from securities held in a brokerage account. Ask a local tax professional and keep complete records.
When did BestProps check these country policies?
The official sources on this page were checked on August 8, 2026. Recheck them immediately before purchase because firms and service providers can change eligibility lists.
