Independent firm profile
OANDA Prop Trader
Evaluation prop firm launched by OANDA offering one-step and two-step funding programs.
- Headquarters
- London
- Founded
- 2023
- Funding model
- Evaluation Based
- Region served
- Europe
Community rating
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Overview
What this firm is and who it serves
OANDA Prop Trader is a evaluation-based funding trading firm headquartered in London, founded in 2023. The firm provides traders with funded accounts to trade forex, crypto.
At a glance
Structured facts about this firm
- Firm Type
- Evaluation Based prop firm
- Market Focus
- Forex, Crypto
- Trading Style
- Evaluation-Based Funding, evaluation-based funding
- Institutional Level
- Retail-accessible proprietary firm
- Retail Accessibility
- Open to retail traders via evaluation
- Geography
- London · Europe
- Known For
- Evaluation prop firm launched by OANDA offering one-step and two-step funding programs.
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Frequently asked questions
Common questions about OANDA Prop Trader
Is OANDA Prop Trader a legitimate prop firm?+
OANDA Prop Trader was founded in 2023 and is headquartered in London. Evaluation prop firm launched by OANDA offering one-step and two-step funding programs.
Does OANDA Prop Trader require an evaluation?+
Yes. OANDA Prop Trader requires traders to complete an evaluation phase before being granted a funded account.
What is the profit split at OANDA Prop Trader?+
OANDA Prop Trader pays traders 90% of net profits, keeping the remainder as the firm's share.
What is the maximum account size at OANDA Prop Trader?+
Traders can scale up to a maximum allocation of $400,000 with OANDA Prop Trader, subject to the firm's scaling and consistency rules.
How often does OANDA Prop Trader pay out?+
OANDA Prop Trader processes payouts on a bi-weekly basis, with first payout eligibility: Bi-weekly.
What platforms does OANDA Prop Trader support?+
OANDA Prop Trader supports the following trading platforms: MetaTrader 5, TradingView.
What trading restrictions does OANDA Prop Trader enforce?+
At OANDA Prop Trader, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.