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Who is restricted? Countries restricted, Country, banned

Joshua Stout avatar
Written by Joshua Stout
Updated over a week ago

At MyFundedFX, while we strive to provide opportunities to traders worldwide, and even though we are only a Sim environment we are unable to accept traders from the following countries due to regulatory restrictions and compliance requirements: Cuba, Iran, Lebanon, Syria, North Korea, Libya, Russia, Sudan, Somalia, Pakistan, Yemen, South Sudan and Vietnam.

Furthermore, to ensure the integrity and security of our platform and comply with legal and regulatory obligations, traders must meet certain eligibility criteria. This includes being of legal age to engage in trading activities in their respective jurisdictions. Additionally, traders are required to verify their identity by submitting Know Your Customer (KYC) documents as part of our identity verification process. These documents may include government-issued identification, proof of address, and any other documents necessary to establish the trader's identity and comply with regulatory guidelines.

We place a high priority on maintaining a transparent and compliant simulated trading environment for all our traders, and these measures are intended to help us ensure the safety and security of our platform while adhering to legal and regulatory requirements.


Disclaimer:

All content published and distributed by MyFunded Solutions LLC out of Delaware, MyFundedFX, and its affiliates (collectively, the “Company”) provided for general informational and instructive purposes only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of, any security, investment, company, or fund. Leveraged products such as CFD’s and FX trading are complex instruments with a high risk of losing money. Please note; The information on the website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. Copyright (c) 2023. All right Reserved. MyFunded Solutions LLC out of Delaware.

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