Crypto prop firms by country

Most of the firms here publish a restricted-country list, and the answer a trader needs is per country rather than per firm. Each of the 62 pages below is computed from those lists: who bars the country outright, who accepts it with a condition attached to the account, and how many firms take traders there without naming them at all.

The short version: Russia is the hardest place on this list to trade from, with 14 of 21 firms barring it, and 43 of the 62 countries are barred by no firm at all. 2 firms publish no country list, which is not the same as permission.

Country by country, from the firms' own restriction lists. "Firms that accept" counts only firms that publish a list not naming this country; the 2 that publish nothing are in neither column. "Listed with conditions" is a subset of the accepting firms: the country is allowed, but the terms say so on a condition such as a smaller account or one product.
CountryFirms that accept Firms that bar itListed with conditions
Argentina19 of 2100
Australia18 of 2110
Austria19 of 2100
Bangladesh17 of 2120
Belgium19 of 2100
Brazil19 of 2101
Canada17 of 2120
Chile19 of 2100
China19 of 2100
Colombia19 of 2100
Czechia19 of 2100
Denmark19 of 2100
Egypt19 of 2100
Finland19 of 2100
France19 of 2100
Germany19 of 2100
Ghana18 of 2110
Greece19 of 2100
Hong Kong19 of 2100
India18 of 2110
Indonesia19 of 2101
Ireland19 of 2100
Israel19 of 2100
Italy19 of 2100
Japan19 of 2101
Kazakhstan18 of 2110
Kenya16 of 2130
Kuwait19 of 2100
Malaysia19 of 2101
Mexico19 of 2100
Morocco19 of 2100
Nepal19 of 2100
Netherlands19 of 2100
New Zealand19 of 2100
Nigeria18 of 2110
Norway19 of 2100
Pakistan15 of 2140
Peru19 of 2100
Philippines17 of 2121
Poland19 of 2100
Portugal19 of 2100
Qatar19 of 2100
Romania19 of 2100
Russia5 of 21140
Saudi Arabia19 of 2100
Singapore19 of 2101
South Africa19 of 2100
South Korea19 of 2100
Spain19 of 2100
Sri Lanka19 of 2100
Sweden19 of 2100
Switzerland19 of 2100
Taiwan18 of 2110
Thailand19 of 2101
Turkey19 of 2100
Ukraine16 of 2131
United Arab Emirates18 of 2110
United Kingdom18 of 2110
United States15 of 2141
Venezuela11 of 2180
Vietnam14 of 2150
Zimbabwe14 of 2150

Why this is per country and not per firm

A firm's restriction list is long, sits in its terms or help centre, and is the first thing a trader from outside the US or the EU discovers after paying. Reading it firm by firm answers "what does Breakout do", which is not the question: the question is "can I open an account at all, and with whom". The same lists read country by country answer it directly, and the numbers move with the source - a firm that drops a country changes the row above and the count in the sentence without anyone retyping it.

What a bar means is narrower than it sounds. Most of these lists are sanctions boilerplate copied between firms, and several name regions rather than countries, or restrict a country to one product rather than excluding it. Those are in the conditions column, not the barred one, because telling someone they cannot open an account when they can is the same error as the reverse. The country guide sets out how to read a list before you pay, and the pre-purchase checks cover the rest of what decides whether an account is worth opening.