Research profile
OANDA Prop Trader
Watch flags
OANDA Prop Trader is operated by OANDA and undergoing acquisition/migration of prop trading operations to FTMO. Watch flags: active account/challenge program terminations, migration disruptions, account disabling during transition, reported verification delays
Evaluation prop firm launched by OANDA offering one-step and two-step funding programs.
- Headquarters
- London
- Founded
- 2023
- Funding model
- Evaluation Based
- Availability
U.S. traders: Accepted — verify on the firm's own terms before purchasing.
Profile updated: August 30, 2026 · Primary source types reviewed: firm rules, FAQ and program pages · Research & methodology
May suit
traders focused on forex, crypto; traders comfortable with an evaluation phase; traders who want a published scaling path.
Consider alternatives if
you require futures, exchange-traded equities, options; you rely on copy trading.
Trader 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
- News trading permitted, overnight holding allowed, weekend holding allowed
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- London
- Trader availability
- U.S. residents only (some jurisdictions excluded)
- 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
OANDA Prop Trader FAQs
Based on terms reviewed August 30, 2026
What should traders verify before choosing OANDA Prop Trader?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with OANDA Prop Trader before purchasing.
Does OANDA Prop Trader offer evaluation and instant-funding options?+
OANDA Prop Trader offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do OANDA Prop Trader's payouts and profit split work?+
The published profit split is up to 90% of net profits to the trader, depending on the program; payouts are processed on a bi-weekly basis; first payout eligibility: Bi-weekly. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
How does OANDA Prop Trader's scaling plan work?+
OANDA Prop Trader publishes a scaling ceiling of up to $400,000 through scaling. A scaling ceiling is the maximum allocation reachable over time — not the size of an initial funded account.
What are OANDA Prop Trader's main drawdown and trading restrictions?+
Based on the documented terms we reviewed: news trading is allowed, overnight holding is allowed, weekend holding is allowed, copy trading is not permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at OANDA Prop Trader?+
Platforms: MetaTrader 5, TradingView. Markets: forex, crypto. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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