EN
SpiceProp
$45
$2000000
11%
7.5%
The5%ers
$39
$4000000
10%
8%
City Traders Imperium
$29
$100000
10%
10%
FundedNext
$32
$300000
10%
8%
E8 Markets
$40
$1000000
6%
10%
HyroTrader
$89
$200000
10%
10%
Trade The Pool
$47
$260000
4%
6%
FTUK
$99
$6400000
8%
10%
Audacity Сapital
$90
$2000000
15%
10%
Take Profit Trader
$150
$150000
3%
6%
OneUp Trader
$65
$250000
2.2%
6%
Lux Trading Firm
$395
$1000000
6%
15%
For Traders
$20
$300000
10%
8%
Funding Pips
$36
$100000
10%
8%
Crypto Fund Trader
$58
$300000
10%
8%
SabioTrade
$119
$650000
3%
10%
Apex Trader Funding
$147
$300000
6.7%
WSFunded
$35
$100000
6%
10%
Funding Traders
$39
$1999998
10%
10%
FTMO
$155
$200000
10%
10%
Topstep
$49
$150000
3%
6%
My Funded Futures
$80
$150000
3.3%
8%
Blueberry Funded
$35
$200000
10%
10%
Ment Funding
$250
$5000000
6%
10%
Earn2Trade
$150
$200000
$6000
$11000
OANDA Prop Trader
$35
$500000
10%
10%
Fintokei
$46
$400000
5%
10%
FXIFY
$39
$4000000
10%
10%
The Trading Pit
$57
$5830971
10%
10%
Finotive Funding
$29
$200000
7%
10%
Instant Funding
$44
$1280000
10%
10%
TradeDay
$100
$250000
$4500
$12000
Sway Funded
$10
$200000
20%
20%
Goat Funded Trader
$17
$2000000
10%
10%
Lark Funding
$50
$1000000
10%
10%
Alpha Capital Group
$40
$200000
10%
10%
Breakout
$50
$100000
$8000
$10000
DemoPips
$27
$200000
Maven
$15
$100000
8%
8%
BrightFunded
$55
$200000
$20000
$16000
Blue Guardian
$21
$400000
10%
4%
Quant Tekel
$25
$2000000
10%
10%
AquaFunded
$19
$2000000
5%
10%
Traders Launch
$54
$200000
$1000
$3000
Elite Trader Funding
$75
$300000
$7500
$20000
Nordic Funder
$42
$1000000
10%
10%
Funded Trading Plus
$119
$200000
10%
10%
Direct Funded Trader
$31
$1000000
10%
8%
My Funded Fx
$38
$100000
6%
10%
PipFarm
$50
$300000
12%
12%
Equity Edge
$15
$100000
10%
10%
Starter Prop Trader
$39
$200000
10%
10%

OANDA Prop Trader - Reviews and overview 2025

Go to the website OANDA Prop Trader
Trust level:
Neutral
Min. price
$35
Year founded
2024
Country of registration
Malta Malta
Max. account balance
$500000
Terminal
MT5
Reviews OANDA Prop Trader:
0 1 0
News Trading
No
Swing Trading Allowed
Yes
EAs Trading Allowed
Yes
Refund
Yes
Payment
Credit/Debit card, Google pay, Crypto, Apple Pay, Wire Transfer
Verified by BestProp mystery shopper
Withdrawal:
-
Shopper's status:
Registration
The mystery shopper assessment is general. There were no purchases of challenges, trading on a demo account, trading on simulation accounts, or withdrawal of funds. We recommend paying attention to those companies where the mystery shopper has performed a more in-depth check of the propcompany.

General advantages OANDA Prop Trader

  • Own broker with licenses and 25 years of experience. The company is part of the OANDA financial group.
  • No time limit to complete the challenge.
  • Trader’s profit share up to 90%.

General disadvantages OANDA Prop Trader

  • Only after purchasing and successfully completing the challenge does the client undergo verification and identity check (KYC/AML) to receive funding.
  • Copy trading and news trading are prohibited.
  • Maximum account balance is limited to $500K.

Trader Support and Feedback

Declared communication channels:

Email • Available. Can be used to contact support.

Online chat • Available. But not always answered by a real support agent. During certain hours, a bot is active, responding with pre-set scripts.

Knowledge base • Available, well structured. The search function works properly.
Claims about support:

No 24/7 support.
Claims to the knowledge base:

No claims.
Alternative support channels:

The company is present on Instagram, Twitter, YouTube, Facebook.

For example, the company’s Instagram account has around 29,000 followers. Content includes reviews of current market trends and events, trader tips and strategies, company news, polls, and contests.

Restrictions, fines, blocking

Blocking for account inactivity:

Inactivity for more than 30 calendar days is considered a violation. Users who do not trade for 30 consecutive days lose access to their account.
Single IP rule:

Not regulated in the company’s rules.
Overnight position:

Allowed.
Copy trading:

Prohibited.
Use of VPN and VPS:

VPN use is not specified in the company’s rules. VPS – allowed.
Prohibited trading practices:
  • Excessive risk taking – taking too much risk on a single trade or overall, beyond reasonable risk management.
  • Insufficient risk management – trading without applying basic risk control principles such as drawdown limits and stop-losses.
  • Allowing third parties to access/trade – challenge accounts must not be accessed by other persons.
  • Latency/reverse arbitrage – any type of arbitrage exploiting price delays or discrepancies is forbidden.
  • Copy trading / mirroring – copying trades from any other accounts into your OANDA Prop Trader account is prohibited.
  • Too many orders too fast – order flooding or excessively frequent trading that does not reflect real market conditions.
  • Tick scalping – trading on minimal price movements where the strategy does not replicate real market conditions.
  • Restricted news events – trades must not be opened or closed within 2 minutes before or after major news releases (e.g., NFP, FOMC, CPI).
  • Limited use of automation – trading robots are allowed only if they comply with the rules: no arbitrage, no copying, respecting news restrictions and risk limits.
Claims to blocking conditions:

No claims.

Convenience of the Personal Account

Informativeness of the personal account:

When purchasing a challenge, only the challenge amount and trading platform are displayed. Information about drawdowns, profit distribution, and other details is missing.
Correspondence of information on the website with the Personal Account:

The information in the Personal Account matches what is provided on the website.
Navigation and usability:

Main panel (Overview/Dashboard)

  • Displays the current account status: funded account or Challenge.
  • Basic information: balance, current profit/loss, open positions.

Menu Challenge / Accounts

  • List of active and completed Challenges.

Section navigation

  • Clearly structured tabs: Overview, Accounts, Payouts, Support.
  • Easy access to trade history, open positions, and reports.

Usability

  • Responsive design: works on desktop and mobile devices.
  • Simple forms for payout requests and contacting support.

Negative Reviews Online

One negative review mentions problems with connecting to MT5, lack of support, and quote delays.

Another review describes a very complicated KYC process, more demanding than other companies, with slow support and the need to improve speed and automation.

Opinion of the Mystery Shopper

OANDA Prop Trader is a proprietary trading branch of the large and well-known OANDA group, offering traders the opportunity to complete a challenge on a demo account with real market conditions. The company is suitable for disciplined traders ready to follow strict risk rules and news restrictions, but beginners or less experienced traders may need time to adapt to these strict rules and high trading discipline.

I personally did not purchase a challenge at OANDA Prop Trader, so I leave the decision to you. I believe that beginners may find the platform too strict due to its restrictions and high trading discipline.

Proofs:

✕

Reviews

Type *
Castle One

Company has the backing of a big name, which gave me some initial confidence. The spreads are tight and execution is solid – no real complaints there. But the prop side feels a bit undercooked. The rules aren't super transparent, especially around how they calculate drawdowns and evaluate risk. I also ran into delays with account setup and verification, which felt clunky compared to other prop firms. Support responds, but not always with clear answers. It’s not a bad experience, just not as smooth or trader-focused as you'd expect from a firm like OANDA.