The Challenge
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      1. OANDA Prop Trader FAQ
      2. The Challenge

      What are the Challenge objectives?

      To successfully complete the Phase 1 Challenge, you’ll need to achieve a 8% profit target, calculated from the unrealised P&L of the account as per MT4/5.

      For Phase 2 of the Challenge, it’s a 5% profit target (calculated in the same way).

       

      The user passes the challenge phase as soon as the respective profit target is reached and has not violated any other conditions stated here or in the Terms and Conditions.

      Upon passing phase 1, the trading account used for that phase is locked (read-only access). The user is issued a new trading account for phase 2.

      Challenge Phase 1: 8% of the unrealized P&L of the trading account, as per MT4 and MT5.

       

      Challenge Phase 2: 5% of the unrealized P&L of the trading account, as per MT4 and MT5.