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

Available

Pass a challenge before receiving a funded account.

Instant funding

Not offered by this firm.

Scaling plan

No formal scaling plan documented.

Account sizes offeredUSD 10k – 200k
Max allocation$400,000
Evaluation feeFrom $99
Monthly subscription

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto
News trading allowedYes
Overnight holding allowedYes
Weekend holding allowedYes
Copy trading allowedNo

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider
Instruments

Supported platforms

MetaTrader 5TradingView

Payout structure

How and when you get paid

Profit split90% to trader
Payout frequencyBi-weekly
First payout eligibilityBi-weekly

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.