OlympTrade banned countries include USA, Canada, Australia, Japan, South and North Korea, EEA area, Iran, China, Myanmar, and many other regions and countries.
Traders who reside in the Olymp Trade restricted countries, can’t complete the OlympTrade registration process and begin trading over 190 instruments in various markets with payouts of up to 93% in this broker.
OlympTrade Banned Countries List
OlympTrade broker banned many counties due to international binary option sanctions and regulations. Traders who reside in the countries listed below can’t complete the OlympTrade verification and use its services.
Region | Country / Territory |
Europe | Gibraltar, Isle of Man, Guernsey, Jersey, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Iceland, Italy, Israel, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Serbia |
North America | Canada, United States of America, Commonwealth of Puerto Rico |
Oceania | Australia, New Zealand, Republic of Vanuatu |
Asia | Japan, Islamic Republic of Iran, State of Palestine, Democratic People’s Republic of Korea, People’s Republic of China, Republic of the Union of Myanmar |
Africa | Republic of Mauritius |
Caribbean | Saint Vincent and the Grenadines |
As mentioned earlier, traders from many countries are banned from join the OlympTrade broker.
Why OlmpTrade Restricts User Acess in Many Counties?
OlympTrade restricts user access in several countries mainly because of its offshore regulatory framework. The broker operates under the Vanuatu Financial Services Commission (VFSC) and the International Financial Commission (FinaCom), both of which are not considered top-tier regulators.
Due to limited global recognition of VFSC licenses and strict local financial laws in certain regions, OlympTrade cannot legally serve traders in those countries.
Additionally, compliance with international Anti-Money Laundering (AML) standards requires the company to verify clients’ identities and exclude regions where KYC or consumer-protection regulations conflict with its licensing terms.
These restrictions help OlympTrade maintain its membership with FinaCom, uphold transparency, and protect its compensation fund of €20,000 per client.
To learn more about the OlympTrade regulation, check relative articles in the TradingFinder broker.
How to Find the OlympTrade Banned Countries List
To find a detailed list of the latest countries banned from joining OlympTrade, follow these steps:
- Search for OlympTrade on your preferred browser and enter the official website;
- Scroll down on the main page until you reach the footer and click on the “Legal Information” link;
- Enter “Service Agreement. Part 1” and scroll down to the clause 11;
- You can see a detailed list of restricted counties on in this broker.
Clients who don’t see their country name in that list can use the OlympTrade tutorials to fund their accounts and begin trading with this broker.
OlympTrade Alternatives for Traders Residing in the Banned Countries
If you still want to use a binary broker to trade digital binary options and you reside in one of the countries mentioned above, check the table below and see which of these brokers offer services in your country.
Broker | OlympTrade Broker | |||
Minimum Deposit | $10 | $5 | $10 | $5 |
Maximum Payout | 93% | 93% | 95% | 90% |
Minimum Trade Amount | 1$ | 1$ | 1$ | 1$ |
Supported Markets | Forex, Indices, Commodities, Cryptocurrencies, Composites, Metals, ETFs | Stocks, Forex, Cryptocurrencies, Commodities, Indices | Forex, ETFs, Stocks, Commodities, Indices, Metals, Cryptocurrencies | Currency Pairs, Cryptocurrencies, Stocks, Indices, Commodities |
TF Expert Suggestion
As mentioned earlier, OlympTrade banned countries list include various regions such as Cyprus, Estonia, France, Germany, Saint Vincent and Grenadines, Austria, Malta, Norway, and many more.
If you reside in these countries, we suggest checking the TradingFinder binary brokers list, to see which brokers offer quality services (low minimum deposit of $5, high payout of up to 98%, etc.) in your region.
