TL;DR: 2 BestProps-listed firms currently publish a complete restriction affecting Grenada traders. FundedNext blocks the country across its CFD and futures services, while FTMO does not provide its simulated forex and CFD service there. No crypto-only profile in the reviewed set had a verified complete Grenada ban.
This is a restricted-firm list. Firms that currently accept Grenada residents are not included. Product-only limits and live-account-only limits are not counted as complete bans.
Prop firms that do not accept Grenada traders
Every name below has a current first-party policy that explicitly names Grenada. 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 |
|---|---|---|---|
| FundedNext | Forex and CFD, Futures | Grenada residents cannot access FundedNext CFD programs or purchase FundedNext Futures accounts. | Official policy 1 and Official policy 2 |
| FTMO | Forex and CFD | FTMO does not provide services to clients in Grenada. | Official policy |
Restricted futures prop firms in Grenada
1 verified futures firm is in the complete restriction set. Firms with more than one market appear in each relevant section.
- FundedNext
Restricted forex prop firms in Grenada
2 verified forex or CFD firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- FundedNext
- FTMO
Restricted crypto prop firms in Grenada
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 Grenada.
Why prop firms restrict Grenada traders
These are company eligibility decisions, not a claim that Grenada prohibits every simulated prop evaluation. Provider coverage can depend on brokers, clearing firms, data vendors, identity services, card processors, and payout partners.
A resident should enter Grenada consistently at checkout and KYC and should not use a VPN or foreign address to defeat a country rule. Eligibility can be checked again at payout even when an initial fee was accepted.
Grenada regulation, EC dollars, and regional markets
Grenada is part of the Eastern Caribbean Currency Union and uses the Eastern Caribbean dollar. The Eastern Caribbean Central Bank maintains a fixed exchange arrangement between the EC dollar and U.S. dollar, although cards, banks, and payout providers can still apply their own spreads and charges.
The Grenada Authority for the Regulation of Financial Institutions supervises assigned non-bank financial sectors. A foreign simulated prop company is not automatically licensed by GARFIN, so residents should determine whether the service is education and simulation or a regulated activity involving investments, custody, or client money.
The Eastern Caribbean Securities Regulatory Commission administers the regional securities framework and publishes information about licensed participants. Buying securities through a regulated regional intermediary is legally and operationally different from paying for a simulated evaluation.
Grenada does not operate a large national intraday stock exchange. Traders following U.S. futures or equities should convert exchange sessions, maintenance windows, and news events into Atlantic Standard Time and note that U.S. daylight-saving changes shift the local relationship.
Confirm the contracting entity, simulation status, residency rule, identity documents, and payout route before paying. Keep the dated policy, contract, receipts, statements, and reward records, then ask Grenada’s Inland Revenue Division or a qualified adviser how foreign rewards should be reported.
- Grenada Authority for the Regulation of Financial Institutions
- Eastern Caribbean Central Bank currency
- Eastern Caribbean Central Bank exchange rates
- Eastern Caribbean Securities Regulatory Commission
What Grenada 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.
Grenada prop firm restrictions FAQ
How many prop firms restrict traders from Grenada?
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.
