TL;DR: 26 BestProps-listed firms currently publish a complete restriction affecting traders in Iraq. The verified set covers futures, forex and CFD, and crypto programs and uses current first-party firm policies checked on August 8, 2026. Iraq’s domestic exchange, central-bank warnings, and targeted U.S. sanctions are addressed separately so readers do not confuse a private firm ban with a country-wide legal conclusion.
This is a restricted-firm list. Firms that currently accept Iraq residents are not included. Product-only limits and live-account-only limits are not counted as complete bans.
Prop firms that do not accept Iraq traders
Every name below has a current first-party policy that explicitly names Iraq. 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 |
|---|---|---|---|
| Funded Futures Family | Futures | Residents cannot open or participate in any Funded Futures Family account. | Official policy |
| Top One Futures | Futures | Citizens and residents cannot access Top One Futures services or trade from the country. | Official policy |
| Tradeify | Futures, Crypto | Permanent residents cannot access Tradeify futures or Tradeify Crypto services. | Official policy 1 and Official policy 2 |
| E8 Markets | Forex and CFD, Futures, Crypto | The country appears on both E8’s Forex and Crypto list and its Futures list. | Official policy |
| FunderPro | Forex and CFD | Residents cannot open a FunderPro account. | Official policy |
| Apex Trader Funding | Futures | Apex cannot service residents with new or additional accounts in the country. | Official policy |
| Lucid Trading | Futures | Citizens and residents are not eligible to use Lucid Trading services. | Official policy |
| FundedNext | Futures | Residents cannot access FundedNext Futures programs. | Official policy |
| FXIFY Futures | Futures | The country is prohibited from trading with FXIFY Futures. | Official policy |
| TradeDay | Futures | Citizens and residents cannot open a TradeDay account. | Official policy |
| My Funded Futures | Futures | Citizens and residents are not eligible to open a My Funded Futures account. | Official policy |
| Take Profit Trader | Futures | Trading-account and market-data access from the country is strictly prohibited. | Official policy |
| Topstep | Futures | Citizens and residents cannot trade, earn funding, or receive payouts. | Official policy |
| Blue Guardian | Futures | Blue Guardian Futures does not accept traders located in the country. | Official policy |
| Earn2Trade | Futures | Citizens cannot continue, reset, or receive funding through Earn2Trade. | Official policy |
| Breakout Prop | Crypto | Residents and people located in Iraq cannot use Breakout’s crypto prop services. | Official policy |
| The5ers | Forex and CFD, Futures | Iraq is a Forbidden Territory under The5ers’ current terms. | Official policy |
| DNA Funded | Forex and CFD | Citizens and residents of Iraq cannot participate in DNA Funded programs. | Official policy |
| Alpha Capital Group | Forex and CFD | Nationals and residents of Iraq cannot use Alpha Capital Group services. | Official policy |
| FXIFY | Forex and CFD | FXIFY does not establish accounts for Iraq residents. | Official policy |
| Top One Trader | Forex and CFD | Citizens and residents of Iraq cannot access Top One Trader services. | Official policy |
| FTMO | Forex and CFD | FTMO does not provide services to clients in Iraq. | Official policy |
| BluSky | Futures | BluSky cannot accept Iraq citizens or residents under its broker and clearing-firm policy. | Official policy |
| Bulenox | Futures | Bulenox is prohibited from doing business with Iraq residents. | Official policy |
| OneUp Trader | Futures | Iraq appears on OneUp Trader’s geographic restriction list. | Official policy |
| Instant Funding | Forex and CFD | Instant Funding’s AML policy prevents accounts originating from Iraq. | Official policy |
Restricted futures prop firms in Iraq
18 verified futures firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- Funded Futures Family
- Top One Futures
- Tradeify
- E8 Markets
- Apex Trader Funding
- Lucid Trading
- FundedNext
- FXIFY Futures
- TradeDay
- My Funded Futures
- Take Profit Trader
- Topstep
- Blue Guardian
- Earn2Trade
- The5ers
- BluSky
- Bulenox
- OneUp Trader
Restricted forex prop firms in Iraq
9 verified forex or CFD firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- E8 Markets
- FunderPro
- The5ers
- DNA Funded
- Alpha Capital Group
- FXIFY
- Top One Trader
- FTMO
- Instant Funding
Restricted crypto prop firms in Iraq
3 verified crypto firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- Tradeify
- E8 Markets
- Breakout Prop
Why prop firms restrict Iraq traders
Iraq-related U.S. measures are targeted at specified former-regime property, destabilizing actors, and designated people and entities rather than a simple broad prohibition on every Iraqi resident. A firm may still impose a complete Iraq ban because its broker, data vendor, KYC provider, card processor, bank, or payout partner will not support the country.
BestProps therefore requires the firm’s own current policy to name Iraq. A sanctions page, payment failure, or old directory tag is not enough by itself, and firms that do not publish a verified complete restriction are not mixed into this list.
Iraq electronic trading and crypto warnings
The Central Bank of Iraq has warned investors about electronic companies selling and buying currencies and gold outside its supervision. Its 2019 statement said no licenses had been issued to those companies at that time and warned the public about dealing with them. A foreign prop evaluation may describe itself as simulated rather than brokerage, but that description does not automatically resolve how Iraqi law applies to the fee, interface, or payout.
The CBI has also warned against digital currencies and prohibits cards and electronic wallets from being used for speculation and trading in digital currencies. It says crypto is not backed by the bank and lacks the legal, regulatory, and technical framework and protection available to regulated financial services. That makes crypto evaluation fees and crypto payouts a separate risk for Iraq residents.
Iraq has an operating domestic securities market. The Iraq Stock Exchange publishes market performance, listed companies, rules, brokers, and current reports. Trading a listed Iraqi security through the market’s authorized structure is different from a prop firm’s simulated program, where the account normally does not hold a security or futures contract in the trader’s name.
The CBI publishes licensed foreign-exchange intermediaries and has continued reforms involving external transfers and which Iraqi banks may deal in U.S. dollars. A payout route can therefore depend on the receiving institution, currency, correspondent bank, and transaction documentation even when the prop firm itself says an account is eligible.
Before paying, confirm citizenship and residence eligibility, the merchant category used at checkout, the exact KYC documents, and whether the payout vendor supports Iraq. Keep the contract and all payment and payout records, and seek current Iraqi legal and tax advice before relying on a foreign evaluation reward as spendable income.
- Central Bank of Iraq warning on electronic currency and gold trading companies
- Central Bank of Iraq digital-currency card and wallet ban
- Iraq Stock Exchange
- U.S. Treasury Iraq-related sanctions
What Iraq 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.
Iraq prop firm restrictions FAQ
How many prop firms restrict traders from Iraq?
BestProps verified 26 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.
