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
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
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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