Can you buy the S&P 500 as a token in Iran?
Short answer: no. SPYx, the token sold on Pump.fun and Kraken, isn't offered to people living in Iran. Here's why, and what you can do instead.
Why you can't buy it here
Pump.fun's Terms of Use list Iran as a Prohibited Jurisdiction (checked 22 October 2026), so it isn't listed here.
What you can do instead
- Because of sanctions, we don't know of a legal way for people living in Iran to buy the S&P 500 right now.
- Please don't use a VPN, someone else's account or a broker abroad to get around this. It breaks the rules and your money could be frozen.
About the S&P 500
The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.
Other ways to get exposure to the S&P 500Good to know in Iran
- Iran is under comprehensive international sanctions, so international tokenized stock apps don't accept people living there. xStocks and Ondo tokens aren't offered there either.
- Please don't use a VPN or someone else's account to get around this. It breaks the rules and your money could be frozen.
- Gains may be taxable. A local tax adviser can tell you how.
Who regulates this
- Securities and Exchange Organization of Iran — Securities regulator
- Central Bank of Iran — Central bank
Questions people ask
Can I buy SPYx in Iran?
No. Pump.fun's Terms of Use list Iran as a Prohibited Jurisdiction (checked 22 October 2026), so it isn't listed here.
Can I use a VPN to get around it?
Please don't. Getting around location blocks, sanctions or ID checks breaks the app's rules, can get your money frozen, and may be illegal.
What can I do instead?
Because of sanctions, we don't know of a legal way for people living in Iran to buy the S&P 500 right now.
Other stocks in Iran
Buying the S&P 500 from somewhere else?
- S&P 500 in Indonesia
- S&P 500 in Nigeria
- S&P 500 in Vietnam
- S&P 500 in Philippines
- S&P 500 in Brazil
- S&P 500 in Turkey
- S&P 500 in India
- S&P 500 in Mexico
- S&P 500 in South Africa
- S&P 500 in ChinaToken not available
- S&P 500 in United StatesToken not available
- S&P 500 in Pakistan
- S&P 500 in BangladeshToken not available
- S&P 500 in Ethiopia
- S&P 500 in Japan
- S&P 500 in EgyptToken not available
- S&P 500 in DR CongoToken not available
- S&P 500 in Germany
- S&P 500 in Tanzania
- S&P 500 in CanadaToken not available
- S&P 500 in AustraliaToken not available
- S&P 500 in New Zealand
- S&P 500 in EnglandToken not available
- S&P 500 in Ireland
Sources (15)
- 1.SPDR S&P 500 ETF Trust (SPY) fund page
State Street Global Advisors · official
- 2.S&P 500 index page
S&P Dow Jones Indices · official
- 3.Kraken xStocks price list (SPYx)
Kraken · platform
- 4.Securities and Exchange Organization of Iran
Securities and Exchange Organization of Iran · regulator
- 5.Central Bank of Iran
Central Bank of Iran · regulator
- 6.Pump.fun Help Center: Depositing funds on the mobile app
Pump.fun · platform
- 7.Pump.fun Fees page
Pump.fun · platform
- 8.Pump.fun Terms of Use (Prohibited Jurisdictions)
Pump.fun · platform
- 9.xStocks partner FAQ
xStocks · official
- 10.Ondo Stocks eligibility (prohibited jurisdictions)
Ondo Finance · official
- 11.Crypto policy framework
Central Bank of Iran · regulator
- 12.Stablecoin purchase and holding limits (September 2025)
Central Bank of Iran · regulator
- 13.Crypto taxation under the 2025 law
Islamic Parliament Research Center · official
- 14.31 CFR 560.204: prohibited exportation of services to Iran
U.S. Government · official
- 15.Iran sanctions
U.S. Treasury, OFAC · official
Last updated .