OANDA Prop Trader Review

Read our concise, full review on the pros and cons of OANDA Prop Trader

Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
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 arbit...more
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....more
Trading Strategies Some Allowed, Some Restricted Martingale and hedging are allowed, but must adhere to margin tier rules and exposure limits. Scalpi...more
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 duri...more
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, exce...more
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.
10 February 2025
Approved reviewer
Location: Indonesia
10 February 2025
4.0
Approved reviewer
Easy process, fast ordering and definitely trustworthy
10 February 2025
Approved reviewer
Location: Brazil
10 February 2025
5.0
Approved reviewer
One of the best brokers I've ever been part of. Fast execution and payments on time! Gratitude!
9 February 2025
Approved reviewer
Location: Indonesia
9 February 2025
5.0
Approved reviewer
perusahaan bagus sangat memuaskan dan penarikan cepat

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
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