My experience trading with Oanda Prop Trader (OPT) has been quite good and comfortable; the support team is also very dedicated. I know they have only recently entered the Funded Trading sector, so th... See more
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Hi ! My experience with OANDA Prop Trader has been excellent. The platform is stable, transparent, and easy to use. Trading rules are clear, and the overall process feels professional and fair. I am v... See more
Company replied
Honestly still not able to give a rating. I have passed my two step challenge. And an email have been received for the funded account. But until now, still unable to perform any orders on MT5 for my f... See more
Company replied
I am very satisfied with the Oanda Prop service and have successfully requested two payouts. The platform itself is excellent, earning a strong recommendation. However, I encountered two minor issues... See more
Company details
About OANDA Prop Trader
Written by the company
About OANDA Prop Trader
Why OANDA Prop Trader
What you can expect from us
The OANDA Prop Trader Program offers traders an exciting opportunity to trade with larger amounts of virtual capital and advanced tools. Traders can get a share in the profits they earn for up to 90%. To ensure commitment to excellence and success, traders must complete a two-step challenge that showcases their ability to generate profits and manage risk effectively.
OANDA Prop Trader is operated by OANDA Assessments (Limited), a trusted entity registered in Valletta, Malta (Company Registration Number: C 106331).
To learn more about the challenges, please visit this link.
Why OANDA Prop Trader
OANDA has been the trusted partner for smart traders for over 25 years – and counting. We are a fully regulated, globally recognized broker with regulatory licenses in eight jurisdictions.
We have claimed top honors at the TradingView Broker Awards, four years in a row, including being named Broker of the Year in 2023.
Supported by brokerage infrastructure for trade execution, deeper liquidity pools and high reporting standards, OANDA Prop Trader is well poised to promote sustainability in the prop trading industry.
What you can expect from us
- Human Support - Our service is responsive and dependable 24hr.
- Advanced Tools - Access to a plethora of resources from education, market analyses, to trading tools.
- Security & reliability - Your payouts are safe, and secure.
Smarter trading with reduced spreads
Written by the company
- OANDA Prop Trader offers industry-beating core pricing with spreads starting from 0.0 pips in FX and 0.1 in Gold with a commission of just US$7 per round lot.
Contact info
171 Old Bakery Street, VLT 1455 , Valletta, Malta
- support-proptrader@oanda.com
- proptrader.oanda.com
Be a part of our community
3.5
Average
481 reviews
Replied to 92% of negative reviews
Typically replies within 2 weeks
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
The Bad prop firm
The Bad prop firm
This provider deal is a waste of your time ang money
I had a funding account and payout once, but they tried to find trading errors when there was news 1 month ago to have an excuse to close my account.
us30 trade but they still find errors when there is gbp and cad news
2 September 2025
Unprompted review
Reply from OANDA Prop Trader
Hello!
Thanks for reaching out and sharing your experience. We understand your frustration and want to help clarify how our news trading rule works.
Our news trading rule is in place to ensure a fair and stable trading environment for everyone. It's designed to protect all traders from the extreme volatility that can happen around major news events. The rule is simple: all trades (including pending orders and those placed by EAs) are restricted in the 4-minute window—2 minutes before and 2 minutes after—major announcements like NFP, CPI, GDP, FED, and ECB releases.
This is why your US30 trade was flagged as a violation during the GBP and CAD news. Our rule applies to all trades, regardless of the instrument, as these major events can cause market-wide volatility that affects every asset.
For funded accounts, it's really important to keep this in mind, as violating the rule more than twice will unfortunately lead to account termination. To avoid this, we always encourage traders to carefully review the challenge rules and the economic calendar on their account dashboard.
If you have any more questions, please don't hesitate to reach out to our support team directly support-proptrader@oanda.com.
We're here to help!
All the best,
The OANDA Prop Trader Team
It's extremely slow
It's extremely slow. I registered at OGM and the registration confirmation process is taking far too long. I've been waiting for a very long time, and until now there has been no further information. This is very frustrating and a waste of time
2 September 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Andi,
First off, congratulations on passing your evaluation! That's a huge achievement.
You're now in the final stage: the verification process and OANDA Global Markets account setup. We know this part can take a little time, but it's crucial for us to uphold strict integrity measures to ensure a secure and fair trading environment for our entire community.
Once everything is complete on our end, we'll get your account credentials to you within 1-2 business days.
We’re here to support your trading journey every step of the way, if you have further queries, please reach out to support-proptrader@oanda.com
All the best,
The OANDA Prop Trader Team
Offers
Offers and prices are good. Customer support on time and interface should be more enhanced.
1 September 2025
Reply from OANDA Prop Trader
Hi Aneesh,
Thank you for taking the time to let us know how we’re faring.
We’re constantly looking into ways to provide a better customer experience and will take your feedback into consideration.
Regards
The OANDA Prop Trader Team
Please consider
I have been using Oanda prop for a while. They have been great. Please Oanda...be a game changer in the industry by allowing funded traders to set a max loss and or max gain lockout for 24 hours. The teck is already there as you lock traders out on a 5% gain, or 2% gain on the 2 stages. Allowing us to choose a setting of our choice, perhaps once per payout cycle, would place Oanda top of the mt5 prop game. There are futures trading props that allow this, but it would be very welcome in the mt5 prop arena. If oanda is truly looking for consistency, which is apparently why in the challenge 1 and 2 phase there is a lockout, then surely you want consistency for the funded traders. Please allow us this option. You already have the teck. That would then place you as 5 star! I realize that doing this would prevent clients from "blowing up" funded account's, which may not be great for business, however it would prove that Oanda is the first in the industry honestly looking for consistency, and helping clients get there.
29 August 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Keith,
Thank you for your feedback.
We're constantly working to improve our offerings and make the trading experience even better for our clients.
Your insights are an important part of that process, and we appreciate you taking the time to share them.
We'll be sure to pass this along to the team!
All the best,
The OANDA Prop Trader Team
The spread is quite good
The spread is quite good. I had some trouble with my funded account, but the support team resolved the problem quickly.
14 August 2025
Spam Review
I noticed an irregularity in the reviews from the account Weng Kong from Malaysia, with 20 consecutive positive reviews for this fund. I believe this is a case of the fund spamming reviews to boost its ranking score, a cheap scam.
20 August 2025
Unprompted review
Reply from OANDA Prop Trader
Hi VU,
Thank you for bringing the issue to our attention. We have taken note of this and are actively looking into it.
We take the integrity of our reviews very seriously and appreciate you helping us maintain a transparent and trustworthy community for everyone. We've reached out to the individual – who is one of our successful traders in Malaysia – to address the duplicate reviews.
We do not engage in spamming or manipulating of reviews to boost our score. We are open to all genuine and constructive reviews as it helps us improve.
Cheers,
OANDA Prop Trader Team
OANDA 5k phase1 passed
I've just passed 5k challenge in phase1. I’m satisfied with this firm. Their challenge prices are great, rules are fair, spreads are Ok and good support team.
18 August 2025
Worst costumer service ever
Worst costumer service ever , the agents don't bother to investigate your case .
Dashboard max drawdown didn't sync with the daily limit , they wont admit that there is an error that should be fixed.
My case :
5000 account
Rules : daily loss 5% , max 10%
Daily beginning equity : 4859
Daily loss limit : 4611
Max drawdown: 4681
Stopped at 4681
How could a max drawdown be lower than the daily limit , mathematically it is not possible!!!!
16 August 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Hisham,
To help you understand our rules better, we’d like to explain how the daily loss limit and maximum trailing drawdown work.
Daily Loss Limit (5%): This is fixed at the start of each trading day, based on your previous day’s end-of-day equity. It remains constant intraday.
Maximum Trailing Drawdown (10%): This is the maximum loss a user can sustain in the lifetime value of their account in each phase. The maximum drawdown is a “trailing” limit, calculated versus the high water mark (HWM) which increases as the account balance increases (with any realised profit). Any increase in the account balance from the starting balance will be treated as a new HWM. Because maximum drawdown is tied to lifetime account performance, it can be above or below the daily loss threshold, depending on recent equity changes.
Both limits are independent and accounts can be breached by exceeding either one of them.
We understand these rules can be a bit technical, so if you’d like further clarifications, please reach out to our support team directly at support-proptrader@oanda.com
Thanks,
OANDA Prop Trader Team
The support team cant reslove my problem
8 August 2025
Reply from OANDA Prop Trader
Hi there,
Providing excellent support is important to us.
We'd appreciate the opportunity to look into what happened. Please reach out to us at support-proptrader@oanda.com with your registered email so we can assist you further.
Looking forward to hearing from you.
OANDA Prop Trader Team
Has anybody from South Africa pass the…
Has anybody from South Africa pass the challenges and actually trade the account with withdrawing profits?
14 August 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Ashwen,
Thank you for your question.
We have traders from South Africa who have successfully received their profit share.
If you have further queries, please reach out to our support team directly at support-proptrader@oanda.com
cheers,
OANDA Prop Trader Team
I think it is good
7 August 2025
Best of best
14 August 2025
Strategies to manage time & targets within drawdown trail & daily profits & losses lomits
Daily Limits to manage profits & losses
8 August 2025
Disappointed with Login Issues and Slow…
Disappointed with Login Issues and Slow Support
I recently received an email from OANDA confirming that my signal provider account (#29636) was successfully activated. However, I have been unable to log in to the trading platform despite the activation confirmation.
I reached out to their support team for assistance, but the issue has not yet been resolved. This has caused unnecessary delays and frustration. I expected a smoother onboarding process and more responsive customer support for such an important service.
I hope OANDA improves its customer service efficiency and ensures such issues are addressed promptly in the future.
7 August 2025
Reply from OANDA Prop Trader
Hi Joe,
Thank you for bringing your issues with the trading platform to our attention. We’re currently looking into this.
For now, we recommend that you check if you can log on via the MT5 mobile app and MT5 web. To access these platforms, visit the help centre on our website and locate the FAQ: What platforms can I trade on?
If you have further queries, please reach out to our support team directly at support-proptrader@oanda.com
Thanks
OANDA Prop Trader Team
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