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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About OANDA Prop Trader
Written by the company
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
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Replied to 92% of negative reviews
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Thank you for the good experience oanda
Had Concerns, But OANDA Responded Responsibly
At first, my account was terminated because of the “one account per user” rule. This rule was written in a PDF document rather than placed in the Help Center or main guideline pages. For someone like me, whose English is not very strong and who relies heavily on translation, the process was not very friendly, and I ended up missing this important detail.
After I raised my concerns, OANDA Prop Trader did reach out to me and provided assistance, which showed me that they are willing to respond to users’ issues.
Overall, I still believe the way rules are presented could be improved, but at least the company showed a willingness to listen and respond. I strongly recommend that all traders, no matter which prop firm they join, carefully read every rule and document beforehand to avoid losing qualification due to overlooked details.

Reply from OANDA Prop Trader
I passed the challenge
I passed the challenge. But the OGM account is not open and I can't trade for 14 days. There might be a scam that is blocking my OGM account. Be careful.

Reply from OANDA Prop Trader
I bought a 5000$ account at a…
I bought a 5000$ account at a promotional price, but I found that after completing phase 2 there were no instructions on what to do. I tried to do it myself and have been waiting for almost 2 weeks but still can't trade. I contacted support but got no response.

Reply from OANDA Prop Trader
Using a Prop firm backed by a broker sounded like a good idea but I'm reconsidering this approach
I've been waiting for my funded account for days now although I have done the necessary steps to attain it. The support team is slow to respond to emails. Using a Prop firm backed by a broker sounded like a good idea but I'm reconsidering this approach

Reply from OANDA Prop Trader
Why hasn't my email been answered
Why hasn't my email been answered? My account is 42535 and I can't open a trade. It's been so long and there's still no response.

Reply from OANDA Prop Trader
The Oanda support team is not friendly
The Oanda support team is not friendly. My questions were ignored and I received no response from them, even though I spent hundreds of dollars to purchase the Oanda prop firm account.

Reply from OANDA Prop Trader
Verification
It's been over 10 days since I passed my phase 2
I've sent every documents required
But no funded account has been issued
I've sent email after email,but no response

Reply from OANDA Prop Trader
Overall good
goodddddddddddd
I stuck on Phase 2 because they limited…
I stuck on Phase 2 because they limited the maximum profit 2% daily, like come on ? Phase 1 no limit but then phase 2 only 2% ? How come you give a max drawdown daily 5% but max profit daily 2%. What kind of bs is that ? You ask trader for risk management but give us only max earning profit 2% daily lower than what we can risk. If not because of that kind of bs rules, I already passed 2 phase with only 2 trade with high R:R, they close automaticly my running profit on a reason hit max daily gain where the trade position can actually run and hit phase 2 total target. Please revise the daily profit again, or else many any other prop firm trader will look for another companies.

Reply from OANDA Prop Trader
I got my funded account $5000 (pending)…
I got my funded account $5000 (pending) after passed the classic challenge.
I am still waiting to verification process on OGM.
I will update the star after my funded account was approve and active.
*Update
- OGM change my email address so its same with Propfirm --> it is GOOD
- It take long time (4 days) for verification process at OGM because my ID document not approved just because I use old phone that make my photo not clear --> It is BAD because another broker approve my ID verification within 1 day only.
- My funded account was active even my ID document at OGM still process -- > It is VERY GOOD

Reply from OANDA Prop Trader
Establish and stable
When we talk about oanda it is well known broker and stable broker.. hopefully oanda can create a discord for easy communication between trader who seeking instant answer.. rather than email
I feel very professional and great
Passed Phase 1 – Small Capital, Big Opportunity!
I am very satisfied to join this prob trader program. The phase 1 exam is indeed a day for discipline and emotional control. The speed platform, the spread is scalper's, and most importantly, it helps me become a more consistent trader. If you want to test your trading skills without risking big capital, this is the place!
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