Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated February 2025
Advertising disclosure ⇾

Challenges

Challenge Account Size Promo Codes Evaluation Cost (Discounted) Profit Targets Max Daily Loss Max Total Loss Min. Profit Split Payout Frequency Trading platforms Tradable assets EA's Allowed
2 Step
(Classic)
$5,000.00 $35.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$10,000.00 $60.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$25,000.00 $199.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$50,000.00 $299.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$100,000.00 $599.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$188,888.00 $888.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$250,000.00 $1,200.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Classic)
$500,000.00 $2,400.00
8% 5%
5%
From end of day equity
10%
Hybrid
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Boost)
$10,000.00 $99.00
5% 5%
5%
From initial balance
10%
From initial balance
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Boost)
$50,000.00 $399.00
5% 5%
5%
From initial balance
10%
From initial balance
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes
2 Step
(Boost)
$100,000.00 $699.00
5% 5%
5%
From initial balance
10%
From initial balance
80% BiWeekly
MT5
Forex Indices Oil/Energies Metals
Yes

Evaluation Rules

For the most accurate and up-to-date rules please refer to the company's official terms and conditions along with their FAQ.

Rule Value Details
EA Usage Allowed (with restrictions) EAs, scripts, and indicators are permitted. Copy trading EAs, EAs engaging in price or latency arbitrage, and EAs engaging in other prohibited trading behaviors are not allowed.
Overnight and Weekend Holding Allowed Holding positions overnight and over the weekend is allowed.
Copy Trading Restricted Copying from an OANDA Prop Trader account to other non-OANDA companies and third parties is allowed. Copying into an OANDA Prop Trader account from external companies or third-party services is prohibited and results in a hard breach.
Trading Strategies Some Allowed, Some Restricted Martingale and hedging are allowed, but must adhere to margin tier rules and exposure limits. Scalping is likely restricted if it falls under "Prohibited Trading Practices."
Inactivity Not Allowed (20-day rule) An inactivity period of 20 calendar days is enforced.
News Trading Not Allowed Trading two minutes before and/or two minutes after news events is not permitted. Trades opened during this window will be closed, with P/L realized on the account (soft breach).
IP Address/VPN/VPS No Rule No public information could be found regarding IP addresses or VPN/VPS usage.
Prohibited Trading Practices/Gambling Policy Not Allowed Ultra-high-speed/mass data entry without consent, trading on invalid quotes or manifest errors, exceeding order/position limits, exploiting price latency, using devices/software/algorithms for unfair advantage, exploiting system faults/loopholes, placing multiple smaller orders near the same price instead of a single large order, collusion, profiting from delayed prices, manipulating trading, news trading, and any other practices listed in the Terms and Conditions are prohibited.
Trading Period Unlimited No maximum trading days.
Minimum Trading Days None No minimum trading days to qualify.
Misc. Rules Various Retry discounts are available for Classic and Boost plans.

OANDA Prop Trader User reviews

4.5
(3 )
Ranked 2 out of 31 (Proprietary Trading Firm)
This rating is based on 2 reviews by users that proved they are real customers of this company and 1 that did not. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

OANDA Prop Trader Profile

Company Name OANDA Assessments Ltd
Categories Proprietary Trading Firm
Primary Category Proprietary Trading Firm
Support Languages English
Funding Methods Bank Wire, Credit/Debit Card, Crypto wallets, Apple Pay, Googlepay
Financial Instruments Forex, Indices, Oil/Energies, Metals

OANDA Prop Trader Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
proptrader.oanda.com
Organic monthly visits 4,973,162 (99%)
Organic traffic rank 1 out of 31 (Proprietary Trading Firm)
Paid monthly visits 25,059 (1%)
Total monthly visits 4,998,221
Bounce rate 44%
Pages per visit 4.05
Average visit duration 00:02:07.8160000

OANDA Prop Trader User reviews

4.5
(3 )
Ranked 2 out of 31 (Proprietary Trading Firm)
This rating is based on 2 reviews by users that proved they are real customers of this company and 1 that did not. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.

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