What is the OANDA Prop Trader Program?

The OANDA Prop Trader Program lets traders with limited capital trade with an OANDA Prop Trader account and share in the P&L they produce. OANDA’s proprietary trading models use the trading signals produced by OANDA Prop Traders to make decisions about placing trades in the market. OANDA’s proprietary capital is at risk, so OANDA asks potential OANDA Prop Traders to complete a Challenge to qualify for the program and demonstrate an ability to generate profits and manage risk. Although the capital provided in the OANDA Prop Trader account is virtual, traders are entitled to a share of up to 90% of any profits that they make. OANDA Prop Traders are given access to our technology and market relationships to help them use their trading skills to generate profits.

Big challenge. Big rewards.

Challenge levels up to $500,000

Put your skills to the test. Choose your Challenge and test your trading strategies with up to $500,000 in virtual funds.

Access All Assets

CFDs: FX, commodities, precious metals, indices? Your call. We'll give you access to virtually trade a wide range of assets, with pricing from our unmatched market relationships and trading infrastructure.

Up to 90% profit share

Pass the Challenge and unlock an OANDA Prop Trader account – with a chance to earn up to a 90% share of the profits.

Whichever Challenge you choose, you’ll need to hit a profit target of 8% in Phase 1, and a profit target of 5% in Phase 2. Each Challenge Phase has the same daily loss limit of 5% and a maximum drawdown of 10%. The maximum leverage is 100:1 across all Challenges.

The Prop Trader Challenges are available on MT5 and MT4 (Titanium X Challenge is only available on MT5) – and if you don’t quite hit your targets, we also offer a 20% discount to retry any Challenge.