TL;DR: 2 BestProps-listed firms currently publish a complete restriction affecting Ethiopia traders. FXIFY Futures prohibits the country, and Take Profit Trader blocks platform and market-data access. BestProps did not verify a complete forex, CFD, or crypto-profile restriction from a current first-party policy.
This is a restricted-firm list. Firms that currently accept Ethiopia residents are not included. Product-only limits and live-account-only limits are not counted as complete bans.
Prop firms that do not accept Ethiopia traders
Every name below has a current first-party policy that explicitly names Ethiopia. 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 |
|---|---|---|---|
| FXIFY Futures | Futures | Ethiopia is prohibited from trading with FXIFY Futures. | Official policy |
| Take Profit Trader | Futures | Platform and market-data access from Ethiopia is prohibited. | Official policy |
Restricted futures prop firms in Ethiopia
2 verified futures firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- FXIFY Futures
- Take Profit Trader
Restricted forex prop firms in Ethiopia
BestProps did not verify a complete forex or CFD restriction from a current first-party policy. A firm will be added only after its own policy explicitly names Ethiopia.
Restricted crypto prop firms in Ethiopia
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 Ethiopia.
Why prop firms restrict Ethiopia traders
The old directory associated Ethiopia with FXIFY’s regular forex and CFD profile, but its current policy does not list the country. The separate FXIFY Futures profile does list Ethiopia and is included independently.
FundedNext Futures allows Ethiopia residents to buy accounts, trade, and receive simulated rewards, with a review only if they reach live eligibility. Because FundedNext’s CFD service also accepts the country, that is not a complete profile-level restriction.
Ethiopia foreign exchange, capital markets, and payments
The National Bank of Ethiopia regulates the country’s banking and foreign-exchange system and publishes market measures, rates, and financial-sector directives. A foreign evaluation fee and any later reward should move through a permitted payment channel with an accurate purpose and supporting records.
Ethiopia uses the birr. Dollar-priced evaluation fees and rewards can change sharply in birr value between purchase and payout, while the bank, card, or payment provider can add conversion spreads and transfer charges beyond a displayed reference rate.
Ethiopia’s capital-market infrastructure is new. The Ethiopian Capital Market Authority licenses and supervises market participants, and the Ethiopian Securities Exchange provides the organized market. A simulated prop account is not automatically a licensed securities account and generally does not give the trader ownership of the referenced instrument.
The National Bank launched a central securities depository and investor portal for settlement and ownership records. That regulated recordkeeping differs from a prop dashboard that records notional orders, so traders should read the agreement for simulation, custody, counterparty, and live-stage language.
Before paying, confirm Ethiopia eligibility, identity documents, the legal entity, the payout provider, and the currency that will arrive. Save the policy, contract, receipts, statements, exchange rates, and reward records, then ask the Ministry of Revenues or a qualified Ethiopian adviser how the income should be reported.
- National Bank of Ethiopia
- National Bank of Ethiopia central securities depository
- Ethiopian Capital Market Authority
- Ethiopian Securities Exchange
What Ethiopia 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.
Ethiopia prop firm restrictions FAQ
How many prop firms restrict traders from Ethiopia?
BestProps verified 2 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.
