TL;DR: 5 BestProps-listed firms currently publish a complete restriction affecting Papua New Guinea traders. FXIFY, The5ers, and FTMO block forex and CFD services, while FXIFY Futures and Take Profit Trader block futures access. No crypto-only profile in the reviewed set had a verified complete ban.
This is a restricted-firm list. Firms that currently accept Papua New Guinea residents are not included. Product-only limits and live-account-only limits are not counted as complete bans.
Prop firms that do not accept Papua New Guinea traders
Every name below has a current first-party policy that explicitly names Papua New Guinea. 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 | Forex and CFD | FXIFY does not establish accounts for Papua New Guinea residents. | Official policy |
| The5ers | Forex and CFD, Futures | Papua New Guinea is a Forbidden Territory across The5ers’ current services. | Official policy |
| FXIFY Futures | Futures | Papua New Guinea is prohibited from trading with FXIFY Futures. | Official policy |
| Take Profit Trader | Futures | Platform and market-data access from Papua New Guinea is prohibited. | Official policy |
| FTMO | Forex and CFD | FTMO does not provide services to clients in Papua New Guinea. | Official policy |
Restricted futures prop firms in Papua New Guinea
3 verified futures firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- The5ers
- FXIFY Futures
- Take Profit Trader
Restricted forex prop firms in Papua New Guinea
3 verified forex or CFD firms are in the complete restriction set. Firms with more than one market appear in each relevant section.
- FXIFY
- The5ers
- FTMO
Restricted crypto prop firms in Papua New Guinea
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 Papua New Guinea.
Why prop firms restrict Papua New Guinea traders
These are current provider policies, not a claim that Papua New Guinea prohibits every simulated prop evaluation. The five profiles are counted separately, including FXIFY and FXIFY Futures because BestProps maintains distinct pages for their different programs.
A firm can exclude the country because of foreign-exchange processing, identity documents, broker or clearing coverage, market-data licensing, card acceptance, or payout support. Another company may make a different operational decision.
Papua New Guinea foreign exchange, markets, and payouts
The Bank of Papua New Guinea is the central bank and administers foreign-exchange rules and authorized-dealer guidance. A fee paid overseas and a later reward should use a permitted channel, with the transaction purpose and supporting documents requested by the bank.
Papua New Guinea uses the kina. A U.S.-dollar evaluation or reward can change in kina value between purchase and receipt, while banks, cards, correspondent institutions, and payout providers can add spreads, delays, and transfer fees.
The Securities Commission of Papua New Guinea regulates the capital market, and PNGX operates the local exchange. Buying a listed security through an authorized intermediary creates ownership and settlement records unlike simulated prop trades, which normally transfer no instrument to the user.
Foreign-currency availability and international transfer timing can be practical constraints. Before buying, confirm the legal entity, supported Papua New Guinea identity document and address, payment beneficiary, payout provider, currency, intermediary bank, and any minimum or fee that affects the net reward.
Save the dated policy, contract, receipt, identity result, account statements, exchange-rate record, and reward documents. Ask the Internal Revenue Commission or a qualified Papua New Guinea adviser how contractual rewards should be reported and whether repeated activity has business or foreign-income consequences.
- Bank of Papua New Guinea
- Bank of Papua New Guinea foreign-exchange guidelines
- Securities Commission of Papua New Guinea
- PNGX Markets
What Papua New Guinea 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.
Papua New Guinea prop firm restrictions FAQ
How many prop firms restrict traders from Papua New Guinea?
BestProps verified 5 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.
