OANDA Prop Trader

OANDA Prop TraderVerified

Est. 2023
United StatesUnited States
3+ years
Trustpilot: 4.3
4.1
TP Score (3 reviews)
Rating Distribution
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About OANDA Prop Trader

OANDA Prop Trader is backed by OANDA, a globally regulated Tier 1 broker. Offering evaluations with institutional-grade spreads and execution, it's a top choice for serious traders.

AI Overview

A forex-focused proprietary trading platform backed by the established OANDA broker, this firm offers traders institutional-grade execution across forex, indices, and commodities using MT5 and OANDA's native platform. Traders can choose between 1-step and 2-step evaluation programs with maximum allocations up to $500,000 and attractive profit splits ranging from 70-80%. The platform allows flexible trading strategies including scalping, hedging, news trading, and expert advisor usage, with payouts processed within 3-5 business days and initial payouts available after 21 days, making it a potentially attractive option for serious forex traders seeking prop trading opportunities.

Key Information

Platforms
MT5, OANDA Platform
Max Accounts
3
Max Allocation
$500K
Min Days to Payout
21
Founded
2023
Profit Split
80%

Quick Stats

PlatformsMT5, OANDA Platform
BrokerOANDA
Activation FeeNone
Drawdown TypesStatic
Payout FrequencyMonthly
Fee StructureOne-Time
Account TypeDemo
Company Size201-500 employees

Trading Rules

News Trading
Allowed
Weekend Holding
Allowed
EA / Bots
Allowed
Copy Trading
Allowed
Overnight Holding
Yes
Hedging
Yes
Scalping
Yes
Consistency Rule
No
HFT Allowed
No
Martingale
No
Swap Free
No
IP Consistency
No

Funding & Account

Fee Structure
One-Time
Account Type
Demo
Fee Refundable
No
Free Trial
No
Free Retry
No
US Traders
Yes
KYC Required
Yes

Available Instruments

Forex
Indices
Commodities

Payout Policy

Profit Split
70–80%
Payout Frequency
Monthly
First Payout
21 days
Processing Time
3-5 business days
Min Withdrawal
$100
Payout Methods
Bank Wire
PayPal

Forex Details

Commission
Spread-based