Prop Trader by OANDA is a proprietary trading firm offering funded accounts to traders who pass their evaluation challenges. The firm provides access to forex, commodities, indices, and other financial instruments with competitive leverage and trading conditions. OANDA, a well-regulated broker, backs this prop firm, adding credibility to its operations.
About OANDA Prop Trader
Gavin Bambury
2024
MT
OANDA
MT5
4.2
AlipayHK, Astropay, Apple Pay, Credit/Debit Card, Crypto, Google Pay, OXXO, Pix, PSE, SPEI, Touch 'n Go eWallet, TrueMoney, UnionPay, Webpay, Wire Transfer
Bank Transfer, Neteller, Skrill
More info OANDA Prop Trader
Forex (Major & Minor Pairs)
Commodities (Gold, Oil, Silver)
Indices (S&P 500, NASDAQ, FTSE 100
FX and metals 1:100
Indices, other commodities and Oil 1:50
FX and metals: $7 per lot (round trip)
Indices, Energy and other commodities: $0.
The only way to access a “demo” with OANDA Prop Trader is by participating in the tournaments. Participation is free, and the only requirement is to have a client profile created
Overall Rating for OANDA Prop Trader is 4.6/5
4.4/5
4.3/5
4.5/5
4.4/5
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OANDA offers a stable and well-regulated trading environment. Their execution speeds are decent, and I’ve had no major issues with slippage. The funding process was straightforward, and their support team is responsive.
As someone new to prop trading, I found OANDA’s platform easy to navigate. The educational resources helped me understand risk management better. Withdrawal process was smooth.
Trading conditions are fair, but the leverage could be higher for forex pairs. Spreads are competitive, and I appreciate the transparency in their fee structure.
One of the best things about OANDA is their quick payouts. No unnecessary delays, and the process is hassle-free. Trading conditions are solid overall.
The platform is reliable, but the selection of tradable assets is limited compared to other prop firms. Execution is good, but I wish they offered more crypto pairs.
I’ve been trading with OANDA for months, and the platform remains stable even during high volatility. Their risk management tools are useful.
While the trading conditions are decent, their customer service is slow at times. Had to wait a while for a response on a withdrawal query.
Tight spreads and fast execution make OANDA a good choice for scalpers. No major complaints so far.
The challenge rules are reasonable, and I passed without issues. Funded account performs as expected.
Nothing outstanding, but nothing terrible either. The platform works fine, but I’ve seen better prop firms in terms of profit splits.