Head-to-head
FTMO vs OANDA Prop Trader
A direct, side-by-side comparison of FTMO and OANDA Prop Trader — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
OANDA Prop Trader is best for
scaling toward larger allocations (up to $400,000).
Full OANDA Prop Trader profile →Cost to first payout
Cost to first payout
What it actually costs to reach payout — a normalized estimate built from each firm's lowest published evaluation cost, monthly fees, and first-payout window. Estimates, not guarantees. Each card shows the assumptions used.
FTMO
estimateApprox. total
—
to reach first payout eligibility
Approx. time
17days
from sign-up to first eligible request
- Start cost
- —
- Monthly fee
- None
How we estimated this
- Adds ~10 calendar days for evaluation completion (most firms require ≥5 minimum trading days).
- Source — eval fee: €89–€1,080 one-time (refundable on pass); monthly: No monthly fee — one-time challenge cost; first payout: First payout possible after 14 days; reduce to weekly on request.
OANDA Prop Trader
estimateApprox. total
$99
to reach first payout eligibility
Approx. time
24days
from sign-up to first eligible request
- Start cost
- $99
- Monthly fee
- —
How we estimated this
- Evaluation path: lowest published one-time evaluation fee.
- Adds ~10 calendar days for evaluation completion (most firms require ≥5 minimum trading days).
- Source — eval fee: From $99; monthly: —; first payout: Bi-weekly.
Trade-offs
Where each firm is weaker
No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.
FTMO trade-offs
Lower scaling ceiling
Scales to $200,000 vs $400,000 at OANDA Prop Trader — caps long-term capital growth.
OANDA Prop Trader trade-offs
No copy trading
Forbids copy / algo bridges. FTMO permits them.
Decision guide
Best for your trader type
- Highest profit share
Tie
Both pay 90%.
- Biggest scaling ceiling
Up to $400,000.
- Copy & algo traders
Copy trading is permitted.
| Attribute | FTMO Evaluation Based · est. 2015 | OANDA Prop Trader Evaluation Based · est. 2023 |
|---|---|---|
| Cost | ||
| Evaluation fee | €89–€1,080 one-time (refundable on pass) | From $99 |
| Monthly fee | No monthly fee — one-time challenge cost | — |
| Evaluation required | Yes | Yes |
| Instant funding | No | No |
| Capital | ||
| Profit split | 90% | 90% |
| Max allocation | $200,000 | $400,000 |
| Account sizes | $10K, $25K, $50K, $100K, $200K (USD/EUR/GBP/CZK) | USD 10k – 200k |
| Scaling | Scaling Plan: +25% balance every 4 months at 10%+ profit over 2 of 4 months. | — |
| Payouts | ||
| Frequency | On-demand (default 14 days, weekly available) | Bi-weekly |
| First payout | First payout possible after 14 days; reduce to weekly on request | Bi-weekly |
| Assets | ||
| Futures | Yes | No |
| Stocks | Yes | No |
| Options | No | No |
| Forex | Yes | Yes |
| Crypto | Yes | Yes |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | Yes | No |
| Technology | ||
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, DXtrade | MetaTrader 5, TradingView |
| Data feed | Purple Trading / Spotware | — |
| Company | ||
| Headquarters | Prague, Czech Republic | London |
About OANDA Prop Trader
Evaluation prop firm launched by OANDA offering one-step and two-step funding programs.
Full OANDA Prop Trader profile →Trust & stability
Reputation and rule-change activity
Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.
Reputation
canonical- Sources used
- 1
- Confidence
- medium
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Reputation
canonical- Sources used
- 1
- Confidence
- medium
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Frequently asked
Common questions
- Which has a higher profit split — FTMO or OANDA Prop Trader?
- FTMO pays 90%; OANDA Prop Trader pays 90% of trader profits once funded. Both firms offer the same profit share.
- Is FTMO cheaper to start than OANDA Prop Trader?
- FTMO: evaluation from €89–€1,080 one-time (refundable on pass). OANDA Prop Trader: evaluation from From $99.
- Which pays out faster — FTMO or OANDA Prop Trader?
- FTMO payouts: On-demand (default 14 days, weekly available). OANDA Prop Trader payouts: Bi-weekly. First-payout eligibility: FTMO — First payout possible after 14 days; reduce to weekly on request; OANDA Prop Trader — Bi-weekly.
- What's the maximum allocation at FTMO vs OANDA Prop Trader?
- FTMO scales up to $200,000. OANDA Prop Trader scales up to $400,000.
- Can I trade news at FTMO or OANDA Prop Trader?
- FTMO: permits news trading. OANDA Prop Trader: permits news trading.
- Can I hold positions overnight at FTMO or OANDA Prop Trader?
- FTMO: allows overnight holds. OANDA Prop Trader: allows overnight holds.
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