OANDA Prop Trader
Malta · est. 2023 · reviewed 2026-09-06
No sourced trader-risk flag has been recorded for OANDA Prop Trader. That is the absence of a finding, not a clean bill of health.
FirmFax verdict
OANDA Prop Trader is a high-risk forex and crypto prop firm, now wound down, best taken through its FTMO x OANDA Challenge (20/100), which uses a static drawdown that never moves with no consistency rule on file for this route either way.
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Best for
- ✓Traders who want a static or end-of-day drawdown instead of an intraday trail
- ✓TradingView users — it is a listed platform
- ✓Forex traders
- ✓Crypto traders
Check fit if
- •Confirm the consistency rule at checkout — no published figure is on file for this route either way
- •Best for traders with tight daily risk controls because this route includes a daily loss cap
- •Archived profile; active buyers should start with current alternatives
OANDA Prop Trader
Fig. 01 — Score breakdown
What the FirmFax score is made of
Accessibility is not scored for OANDA Prop Trader because the evidence isn't public yet, so this grade rests on the remaining 90% of the model rather than guessing a middling number.
Public rankings use account-specific scores. This firm-level context explains the background signals shared across its plans.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
| Plan | Market | Score | From | Activation | Reset | Drawdown | Daily loss | Consistency | Payout split | Platforms |
|---|---|---|---|---|---|---|---|---|---|---|
| FTMO x OANDA Challenge OANDA-branded challenge route under FTMO x OANDA 3 sources ↗
| Forex | 20F | Not recorded | Not recorded | Not recorded | Static | 5% | Not recorded | 80% to 90% | TradingView |
| FTMO x OANDA BTCUSD Challenge OANDA-branded challenge route with BTCUSD as the supported crypto instrument 3 sources ↗
| Crypto | 20F | Not recorded | Not recorded | Not recorded | Static | 5% | Not recorded | 80% to 90% | TradingView |
- Activation
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- Consistency
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Account sizes — max drawdown & profit target
| Account size | Max drawdown | Profit target |
|---|---|---|
| $100,000 | — | $10,000 |
Fig. 04 — Before you buy
Rules to know first
Drawdown model
StaticOn the best route, the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
Source: OANDA Prop Trader conclusion announcement ↗Daily loss limit
5%Daily caps make position sizing especially important, even when overall drawdown room remains.
Source: OANDA Prop Trader conclusion announcement ↗Consistency rule
Not recordedNo consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Firm-wide rule — not covered by this plan’s sources
News trading
Allowed outside news releasesReleases are not fully open — a blackout window applies around high-impact news.
Source: OANDA Prop Trader conclusion announcement ↗Activation fee
Not recordedNo activation fee is published on any source we hold for this route. Budget for one until checkout proves otherwise — a blank is not a $0.
Firm-wide rule — not covered by this plan’s sources
Each row above is read from OANDA Prop Trader’s own published pages where one is cited; rows marked “Not recorded” are gaps in our record, not terms the firm has waived. Last reviewed 2026-09-06 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last verified 2026-09-06
Rules
- Drawdown
- Static
- Daily loss limit
- 5%
- Consistency rule
- Not recorded
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
- Min trading days
- Not recorded
- No source we hold states a minimum trading-day count.
- Activation fee
- Not recorded
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset fee
- Not recorded
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- News trading
- Allowed outside news releases
- Overnight holding
- Allowed
Automation: Verify OANDA challenge PDF and FTMO x OANDA terms for EA and prohibited-strategy rules before publication.
Payouts
- Profit split
- Up to 90%; official press material previously stated 80% once onboarded
- Frequency
- Program-dependent reward cycle
- Min days to payout
- Not recorded
- No source we hold states a minimum holding period before a payout.
- First payout min
- Not recorded
- No source we hold states a minimum first payout.
- Methods
- Not recorded
- No source we hold names the payout methods.
- Payout evidence
- No dated evidence found
- No dated payout record published by the firm has been found. This is a gap in our evidence, not a finding about whether the firm pays.
- Platforms
- TradingView
Payout evidence counts dated payout records OANDA Prop Trader has published itself. We have found none for OANDA Prop Trader. Most firms publish nothing dated, so a blank here says what we could not find — it is not a finding that the firm does not pay.
Fig. 06 — Rule tape
Recent changes
Fig. 07 — Research & sources
Research notes
OANDA Prop Trader is now a legacy profile. FTMO/OANDA press material states the OANDA Prop Trader program formally concluded on March 31, 2026, although FTMO x OANDA educational/rule pages remain online.
FAQ
OANDA Prop Trader questions
Is OANDA Prop Trader legit?
OANDA Prop Trader is archived as a wound-down profile. Its page is kept for reference, with active alternatives linked nearby.
How much does OANDA Prop Trader cost?
The best account route (FTMO x OANDA Challenge) starts at a price you should check live, plus an activation fee to confirm at checkout. See the cost breakdown above for the total on one clean pass.
What drawdown does OANDA Prop Trader use?
The best route uses a static drawdown — the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
Does OANDA Prop Trader have a consistency rule?
We do not know. No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
How does OANDA Prop Trader pay out?
Profit split on record for OANDA Prop Trader: Up to 90%; official press material previously stated 80% once onboarded. Payout cadence: Program-dependent reward cycle. FirmFax holds no dated, firm-published payout record for it — that means none has been found, not that the firm fails to pay.
What platforms does OANDA Prop Trader support?
OANDA Prop Trader lists TradingView. Review platform access for the specific plan you choose.
Is there a OANDA Prop Trader discount code?
Open the current OANDA Prop Trader offer page to check live pricing and available promotions.
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