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OANDA Prop Trader

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Overview
  • OANDA as a company was established in 1996
  • The trusted choice for smart traders

Every choice matters in trading. Choosing the right strategy, the right investment at the right time – and the right trading partner. Whether you’re a seasoned trader or just starting out, you need to know that you can trust your provider to be responsive and dependable when it counts.

 

  • A track record in trust

OANDA has been the trusted partner for smart traders for over 25 years– and counting. We’re a fully regulated, globally recognized broker with regulatory licenses held in eight jurisdictions.

That recognition extends to ourtrophy cabinet. We’ve claimed top honors at TradingView’s awards, four years in a row, including being named Broker of the Year in the 2023TradingView awards, and Most Popular Broker in the years 2020-2022.

 

  • Secure, reliable and sustainable

As well as stability and reliability, you also need to know that yourpayouts are safe, secure and reliable. We agree. That’s why all of our payoutsare transferred to a regulated client account for you to access.

We’re a fully self-sufficient prop trading firm with ourown technology and technology licenses, we don’t need to depend or rely onbroker partners – we are the broker. And that’s something that helps reduce risks for prop traders.

We’re also a leader in sustainable trading, with industry-leading educational tools and services. Those include OANDA Prop Trader, where you’ll find a wide range of educational resources to help you on your prop trading journey – everything from videos and e-books to webinars and events.

CEO
Gavin Bambury
Established
January 2024
Country
Malta
Broker
OANDA Global Markets
Platform
MT5
Trust Pilot
-
Payment Methods
Credit/Debit card, Google pay, Crypto, Apple Pay (depending on the jurisdiction), Wire Transfer
Payout Methods
Neteller, Skrill, Bank Transfer/Wire transfer - Minimum Payout $200
Instruments
  • Forex
  • Indices
  • Energies
  • Metals
Leverage
  • Forex: up to 1:100
  • Indices: up to 1:50
  • Energies: up to 1:50
  • Metals: up to 1:100

Commissions
  • Zero $ per Lot. We do not charge commission per lot in any of the assetclasses.
  • All asset classes we offer (FX, Metals, CFD indices and CFD Commoditiesare with all-in-spread pricing
  • Real-time spreads can be seen from our website: https://proptrader.oanda.com/en/trading-conditions/
Demo Account
Firm Rules
  1. Inactivity period - 20 days (Hard breach)
  2. Max period to complete the Challenge 120 days (Hard breach)

OANDA Prop Trader

4.3
12 Reviews
5 Stars
4 Stars
3 Stars
2 Stars
1 Stars
Exclusive discount code:
MATCH15
15% off on 50K and 100K challenges
Exclusive discount code:
MATCH10
10% off on 10K classic and 10K to 100K boost challenges
Exclusive discount code:
MATCH
25% off on 25K challenges
25% off on 25K challenges
Free Account
Promo of the Same Size if
Reaching Payout
Code
MATCH
Ends
Dec 26
Ending Soon
Last Day
10% off on 10K classic and 10K to 100K boost challenges
Free Account
Promo of the Same Size if
Reaching Payout
Code
MATCH10
Ends
Mar 12
Ending Soon
Last Day
CEO
Gavin Bambury
Established
January 2024
Country
Malta
Broker
OANDA Global Markets
Platform
MT5
Trust Pilot
-
Instruments
  • Forex
  • Indices
  • Energies
  • Metals
Leverage
  • Forex: up to 1:100
  • Indices: up to 1:50
  • Energies: up to 1:50
  • Metals: up to 1:100

Commissions
  • Zero $ per Lot. We do not charge commission per lot in any of the assetclasses.
  • All asset classes we offer (FX, Metals, CFD indices and CFD Commoditiesare with all-in-spread pricing
  • Real-time spreads can be seen from our website: https://proptrader.oanda.com/en/trading-conditions/
Firm
Price
account size
Evaluation Type
Profit Split
Profit Target
Max. Daily Loss
Max. Total Drawdown
daily drawdown reset type
Activation Fee
COMmission per round lot (Forex)
COMmission per round-turn
profit target to drawdown ratio
Payout Frequency
trust pilot rating
Year established and country
Loyalty Points
BUY
Promo
OANDA Prop Trader
2 steps
$599.00
$599.00
$509.15
MONTHLY
DISCOUNT EXPIRED
i
100K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
840
Shopping cart icon
Name
OANDA Prop Trader - Gold - 2-Steps 100K
Original Price
$599.00
Discount Price
$509.15
Account Size
100K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
840
Promo
OANDA Prop Trader
2 steps
$888.00
$888.00
$888.00
MONTHLY
DISCOUNT EXPIRED
i
188.888K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
1465
Shopping cart icon
Name
OANDA Prop Trader - Lucky888 - 2-Steps 188.888K
Original Price
$888.00
Discount Price
$888.00
Account Size
188.888K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
1465
Promo
OANDA Prop Trader
2 steps
$199.00
$199.00
$139.30
MONTHLY
DISCOUNT EXPIRED
i
25K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
246
Shopping cart icon
Name
OANDA Prop Trader - Titanium - 2-Steps 25K
Original Price
$199.00
Discount Price
$139.30
Account Size
25K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
246
Promo
OANDA Prop Trader
2 steps
$99.00
$99.00
$89.10
MONTHLY
DISCOUNT EXPIRED
i
10K
2 steps
This is some text inside of a div block.
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
1:
10%
2:
5%
3:
10%
x
5%
None
10%
Based on initial balance
false
$0
1:
0:77
Minimum of 14 days and 2% of the initial balance required
-
January 2024
Malta
Malta
159
Shopping cart icon
Name
OANDA Prop Trader - Boost challenge - 2-Steps 10K
Original Price
$99.00
Discount Price
$89.10
Account Size
10K
Profit Split
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
Phase 1 Profit Target
10%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Based on initial balance
Drawdown Method
Static
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0:77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days and 2% of the initial balance required
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
159
Promo
OANDA Prop Trader
2 steps
$299.00
$299.00
$254.15
MONTHLY
DISCOUNT EXPIRED
i
50K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
419
Shopping cart icon
Name
OANDA Prop Trader - Silver - 2-Steps 50K
Original Price
$299.00
Discount Price
$254.15
Account Size
50K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
419
Promo
OANDA Prop Trader
2 steps
$2,400.00
$2,400.00
$2,400.00
MONTHLY
DISCOUNT EXPIRED
i
500K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
3960
Shopping cart icon
Name
OANDA Prop Trader - Black - 2-Steps 500K
Original Price
$2,400.00
Discount Price
$2,400.00
Account Size
500K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
3960
Promo
OANDA Prop Trader
2 steps
$1,200.00
$1,200.00
$1,200.00
MONTHLY
DISCOUNT EXPIRED
i
250K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
1980
Shopping cart icon
Name
OANDA Prop Trader - Platinum - 2-Steps 250K
Original Price
$1,200.00
Discount Price
$1,200.00
Account Size
250K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
1980
Promo
OANDA Prop Trader
2 steps
$399.00
$399.00
$359.10
MONTHLY
DISCOUNT EXPIRED
i
50K
2 steps
This is some text inside of a div block.
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
1:
10%
2:
5%
3:
10%
x
5%
None
10%
Based on initial balance
false
$0
1:
0:77
Minimum of 14 days and 2% of the initial balance required
-
January 2024
Malta
Malta
590
Shopping cart icon
Name
OANDA Prop Trader - Boost challenge - 2-Steps 50K
Original Price
$399.00
Discount Price
$359.10
Account Size
50K
Profit Split
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
Phase 1 Profit Target
10%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Based on initial balance
Drawdown Method
Static
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0:77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days and 2% of the initial balance required
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
590
Promo
OANDA Prop Trader
2 steps
$699.00
$699.00
$629.10
MONTHLY
DISCOUNT EXPIRED
i
100K
2 steps
This is some text inside of a div block.
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
1:
10%
2:
5%
3:
10%
x
5%
None
10%
Based on initial balance
false
$0
1:
0:77
Minimum of 14 days and 2% of the initial balance required
-
January 2024
Malta
Malta
1100
Shopping cart icon
Name
OANDA Prop Trader - Boost challenge - 2-Steps 100K
Original Price
$699.00
Discount Price
$629.10
Account Size
100K
Profit Split
80% profit share on the first payout and 90% on subsequent payouts.
80% profit share on the first payout and 90% on subsequent payouts.
Phase 1 Profit Target
10%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Based on initial balance
Drawdown Method
Static
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0:77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days and 2% of the initial balance required
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
1100
Promo
OANDA Prop Trader
2 steps
$60.00
$60.00
$54.00
MONTHLY
DISCOUNT EXPIRED
i
10K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
89
Shopping cart icon
Name
OANDA Prop Trader - Standard - 2-Steps 10K
Original Price
$60.00
Discount Price
$54.00
Account Size
10K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
89
Promo
OANDA Prop Trader
2 steps
$35.00
$35.00
$35.00
MONTHLY
DISCOUNT EXPIRED
i
5K
2 steps
This is some text inside of a div block.
80%
80%
1:
8%
2:
5%
3:
13%
x
5%
None
10%
Equity-based at EOD
false
$0
1:
0.77
Minimum of 14 days
-
January 2024
Malta
Malta
58
Shopping cart icon
Name
OANDA Prop Trader - Standard - 2-Steps 5K
Original Price
$35.00
Discount Price
$35.00
Account Size
5K
Profit Split
80%
80%
Phase 1 Profit Target
8%
Phase 2 Profit Target
5%
Max Daily Loss
5%
Max Total Drawdown
10%
Daily Drawdown Reset Type
Equity-based at EOD
Drawdown Method
Trailing
Minimum Trading Days
None
Maximum Trading Days
Unlimited [20 calendar days inactivity rule]
Stop-loss Required
No
Profit Target to Drawdown Ratio
1:
0.77
Commissions (Forex)
Checkmark icon
100%
$0
Leverage
Up to
100:1
Data Included
Activation Fee
false
Reset Fee
Consistency Rule
Phase-1 5% and Phase-2 - 2% If a Traders reaches the Max Daily profit all positions will be closed and PL will be realized.
Checkmark icon
100%
Refund Fee
Checkmark icon
100%
Yes, 100% upon first payout
Scaling
Yes
No
Expert Advisors (EA's) Allowed
Yes
No
Copy Trading
Yes, Copying from OANDA Challenge or Signal Provider account into accounts from other Non-Oanda companies and 3rd parties is allowed. Copying into the Oanda account(s) from external companies or 3rd party services and vendors is not allowed.
News Trading
Allowed with restriction: 3 minutes prior or after to high-impact news
Payout Frequency
Minimum of 14 days
Checkmark icon
100%
Max Allocation (without scaling)
Checkmark icon
100%
500K
Checkmark icon
100%
Technology
Checkmark icon
100%
In-House
Broker
OANDA Global Markets
Trading Platform(s)
MT5
Trust Pilot Rating
-
Years in Business
< 1
Country
Malta
Loyalty Points
58
Fetching Reviews...
Frequent Reviewer
Meet Patel X Reviews
India
Trader
@m_eetpatel
Account Size
5k
Steps
2 Steps
Funding Period
< 1 Month
Reach Payout
Yes
Payout Count
0
Firms Count
2
Submitted:
February 12, 2024

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Top Firm Aspect

The Price is Cost Effective.

Least Liked Aspect

The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window

Trading Conditions
4.0
Customer Care
4.0
Dashboard
4.0
Payout Process
4.0
Overall
4.0
Certificates and Payouts

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Edit
Edited • Show Edited
Report
Solved
Denied Amount
$1,659
Denied Reason
Unjustified Breach
Mark as Solved

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Reason

My funded account of almost 5 months was breached unexpectedly.

Summary

My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays

Images from reporter:
Disclaimer from Prop Firm Match

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Alpha Capital
replied:
Verified Firm Profile

Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.

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Meet Patel
India
Trader
@m_eetpatel
Account Size
5k
Steps
2 Steps
Funding Period
< 1 Month
Reach Payout
Yes
Payout Count
0
Firms Count
2
Submitted:
February 12, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Top Firm Aspect

The Price is Cost Effective.

Least Liked Aspect

The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window

Trading Conditions
4.0
Customer Care
4.0
Dashboard
4.0
Payout Process
4.0
Overall
4.0
Certificates and Payouts
Edited • Show Original
Report
Solved
Denied Amount
$1,659
Denied Reason
Unjustified Breach
Mark as Solved

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Reason for Denial

My funded account of almost 5 months was breached unexpectedly.

Denial Summary

My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays

Images from reporter:
Disclaimer from Prop Firm Match

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Thank you! Your submission has been received!
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Alpha Capital
replied:
Verified Firm Profile

Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.

Firm
Discount
Promo Code
Buy
OANDA Prop Trader
25% off on 25K challenges
Code
MATCH
Ends
Dec 26
Ending Soon
Last Day
OANDA Prop Trader
10% off on 10K classic and 10K to 100K boost challenges
Code
MATCH10
Ends
Dec 31
Ending Soon
Last Day
OANDA Prop Trader
15% off on 50K and 100K challenges
Code
MATCH15
Ends
Dec 31
Ending Soon
Last Day
Announcements (0)
OANDA Prop Trader
Go to Firm Page
Announcement:
November 27, 2024

OANDA Updates: Introducing the Bigger, Better Boost Plan!

We’re excited to announce the launch of our new Boost Plan, designed to take your trading experience to the next level! Here’s what makes it stand out: The Boost Plan Highlights Now available for 10K, 50K, and 100K accounts, the Boost Plan offers: - Static Max Drawdown: A fixed 90% drawdown on the initial balance, giving you the freedom to focus on your strategy without trailing limits. - Daily Loss Limit: Set at 5% of the initial balance, providing structured risk parameters to support your trading goals. - Profit Share: Earn 80% on your first payout, and it only gets better from there—subsequent payouts offer an impressive 90% profit share. This is the plan for traders who want more flexibility, higher rewards, and a clearer path to success. Updates to the Classic Plan We’ve also made changes to our Classic Plan retry discounts: - 20% off for plans ranging from 5K to 50K. - 10% off for plans ranging from 100K to 500K. These updates reflect our commitment to giving traders the best tools and opportunities to succeed. Get ready to unlock bigger opportunities with the Boost Plan - available now!
OANDA Prop Trader
Go to Firm Page
Announcement:
September 12, 2024

OANDA Pricing Reduction and Product Changes

OANDA is pleased to announce a significant reduction in cost for challenges with virtual capital of $10K — $100K.

  • View our page for the latest pricing information. Additionally, we are excited to announce a new classic challenge with virtual capital of $5K priced at only $35!
  • Lastly, to ensure users have the best trading experience possible, we have eliminated our maximum trading period policy for any newly purchased challenges.

We hope everyone enjoys these exciting updates!

Firm Name

No. of Tracked Payouts

0

Avg. Payout Time

0 days

No. of Pending Payouts

0

Avg. Pending Time

0 days

Max Pending Payout

0 days

Fetching Payout Time Reports...
Request Amount
$ 0
Requested On
January 1, 2024
Pending Days
0 days
Days Unsolved
0 days

Mark as Solved

Solved

Submitted:
February 12, 2024
Funding Certificate
Payout Request Confirmation

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Solved on
January 1, 2024
Solved by {type}

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Payout Received Confirmation
Note: Strictly One Account Per User

To ensure fairness, we enforce a one account per user policy. Multiple accounts used to complete tasks, earn points, or redeem rewards are prohibited. Any violation of this policy may result in account restrictions or termination. Please ensure you only use one account to participate in our program.

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Prop Firm Match
4.5
Based on reviews from 304 verified traders
First Name
I did the High Stakes challenge and experienced good and timely support and excellent trading conditionsI did the High Stakes challene and experienced good and timely support and excellent trading conditionsI did the High Stakes challenge and experienced good and timely support and excellent trading conditions
Prop Firm Match
4.5
Based on reviews from 304 verified traders
First Name
I did the High Stakes challenge and experienced good and timely support and excellent trading conditionsI did the High Stakes challene and experienced good and timely support and excellent trading conditions I did the High Stakes challenge and experienced good and timely support and excellent trading conditionsI did the High Stakes challene and experienced good and timely support and excellent trading conditionsI did the High Stakes challenge and experienced good and timely support and excellent trading conditionsI did the High Stakes challene and experienced good and timely support and excellent trading conditions
Reviews
Loading Reviews
Meet Patel
India
Trader
@m_eetpatel
Firm
Account Size
5k
Steps
2 Steps
Funding Period
< 1 Month
Reach Payout
Yes
Payout Count
0
Firms Count
2
Submitted:
February 12, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Top Firm Aspect

The Price is Cost Effective.

Least Liked Aspect

The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window

Trading Conditions
4.0
Customer Care
4.0
Dashboard
4.0
Payout Process
4.0
Overall
4.0
Certificates and Payouts
Report
Solved
Denied Amount
$1,659
Denied Reason
Unjustified Breach
Mark as Solved

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Reason for Denial

My funded account of almost 5 months was breached unexpectedly.

Denial Summary

My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays

Images from reporter: