Lucid Trading Restricted Countries: Complete 2026 List

Lucid Trading restricts citizens and residents of 85+ countries from using their services. If you hold citizenship or legal residency in any listed country, you cannot open accounts—regardless of your current physical location.

The restriction applies to both citizenship AND residency.

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Why Prop Firms Restrict Countries

Restrictions stem from regulatory compliance, anti-money laundering (AML) requirements, and sanctions enforcement:

Financial sanctions: Countries under international sanctions (Iran, North Korea, Syria, Cuba, Russia, Belarus, Venezuela) are universally restricted to comply with OFAC, EU, and UN sanctions.

High-risk AML jurisdictions: FATF identifies countries with weak anti-money laundering controls. Firms restrict these to reduce compliance risk.

Operational barriers: Some countries impose capital controls, currency restrictions, or have unreliable banking systems making payout delivery challenging.

Complete Restricted Countries List

Note: This list includes both sovereign nations and disputed territories (Crimea, Donetsk, Luhansk, Kherson, Sevastopol) currently under sanctions.

What This Means for Traders

Citizenship: Nigerian citizen living in the U.S.? Ineligible due to Nigerian citizenship.

Residency: U.S. citizen with legal residency in Russia? Ineligible.

Dual citizenship: One citizenship from restricted country = ineligible, even if other citizenship is unrestricted.

VPN use prohibited: Bypassing restrictions violates terms of service. Account termination without payout if discovered during KYC.

Verification Process

Lucid requires KYC verification before processing payouts. You must provide government-issued ID proving citizenship and residency. If verification reveals restricted country connection, account terminates and accumulated profits forfeit.

You cannot bypass this during signup—the KYC checkpoint catches restricted status before any payout.

Alternative Options

Different prop firms: Some firms maintain smaller restriction lists. Research firms explicitly accepting your country.

Local prop firms: Domestic firms operating under local regulations (different payout structures).

Personal account trading: Trade futures with own capital through brokers accepting your jurisdiction. No restrictions, but no prop firm capital leverage.

Relocate legally: Obtain legal residency/citizenship in unrestricted country (multi-year process).

Bottom Line

Lucid restricts 85+ countries based on citizenship AND residency, not just location. Either citizenship OR residency from listed country = ineligible. VPNs won't work—KYC verification catches this before payouts, resulting in termination and profit forfeiture.

Check the list before purchasing evaluations. If restricted, research alternative prop firms explicitly accepting your jurisdiction rather than attempting to bypass Lucid's restrictions.

Frequently asked questions about Lucid Trading restricted countries

How many countries does Lucid Trading restrict?

Lucid Trading restricts citizens and residents of 85+ countries from using their services. The list includes countries under international sanctions, high-risk AML jurisdictions, and regions with operational barriers like capital controls or unreliable banking systems. The exact count can change as regulatory requirements evolve.

Does Lucid Trading accept US traders?

Yes. Lucid Trading is a US-based futures prop firm that accepts traders from all 50 US states with no geographic restrictions within the United States. US traders also benefit from faster payouts via Plaid ACH, often receiving funds within hours rather than days.

Why does Lucid Trading restrict certain countries?

Restrictions stem from three main sources: financial sanctions enforced by OFAC, the EU, and the UN; high-risk AML jurisdictions identified by FATF with weak anti-money laundering controls; and operational barriers like capital controls or unreliable banking systems that make payout delivery impossible. This is standard for US-based prop firms.

Does the Lucid Trading country restriction apply to citizenship, residency, or both?

Both. If you hold citizenship OR legal residency in any listed country, you cannot open accounts — regardless of your current physical location. A Nigerian citizen living in the US, for example, would still be restricted based on citizenship. This is the strictest possible interpretation and catches traders who assume physical location is enough.

Can I use a VPN to bypass Lucid Trading's country restrictions?

No. VPNs will not work. Lucid Trading's KYC verification requires government-issued ID showing your actual citizenship and residency. If the ID reveals a restricted country, your account terminates and any accumulated profits are forfeited. Attempting to bypass restrictions with fake documents results in a permanent ban.

What happens if I've already purchased a Lucid evaluation and my country is discovered to be restricted?

If KYC verification reveals restricted country citizenship or residency, your account terminates immediately and any accumulated profits are forfeited. Lucid runs KYC before processing your first payout, so the discovery most commonly happens at withdrawal time — after you've already traded. This is why checking the restricted country list before purchasing is critical.

Are Russia and China restricted from Lucid Trading?

Yes. Russia is restricted due to ongoing international sanctions from OFAC, the EU, and the UN following the 2022 invasion of Ukraine. This extends to disputed territories including Crimea, Donetsk, Luhansk, Kherson, and Sevastopol. China is also on the restricted list. Both restrictions are standard across virtually all US-based prop firms.

Is Nigeria restricted from Lucid Trading?

Yes, Nigeria is included on Lucid Trading's restricted country list, classified as a high-risk AML jurisdiction. A Nigerian citizen living in the US would still be restricted based on citizenship. This restriction is common across US-based futures prop firms due to FATF classifications and compliance requirements.

How does Lucid Trading verify a trader's country of origin?

Lucid uses KYC (Know Your Customer) verification, which requires submitting a government-issued photo ID showing both citizenship and residency. This verification happens before your first payout is processed. The system checks both documents — not just one — meaning dual citizens or expatriates need to be especially careful about which ID they submit.

What are my options if my country is on Lucid Trading's restricted list?

There are two realistic alternatives: trade futures with your own capital through brokers that accept your jurisdiction, or consider other prop firms with broader geographic acceptance. Attempting to use a VPN or false documents is not a viable option and results in permanent termination. Some international prop firms like FundingPips operate with different country restrictions.

Does Lucid Trading restrict any US states?

No. Lucid Trading accepts traders from all 50 US states without restriction. Some offshore prop firms exclude certain states like New York or California due to regulatory complexity, but Lucid as a US-based firm does not apply these restrictions to domestic traders.

Are Lucid Trading country restrictions permanent or do they change?

The list can change as regulatory requirements evolve. Countries can be added if they receive new sanctions designations or FATF upgrades to high-risk status. Countries can theoretically be removed if restrictions lift, though this is rare for sanctioned nations. Always verify against Lucid's current official list before purchasing an evaluation.

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