It’s time to put your trading skills to the test. Take the Challenge to unlock a profit share of up to 90% as an OANDA Prop Trader.
Which Challenge will you choose? You can start with $10,000 of virtual funds or if you’re skilled enough, you can trade with up to $500,000. You’ll face two Challenge Phases, with different objectives. It’s time to put your skills to the test.
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 OANDA 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.
The Prop Trader Challenge is OANDA’s prop trading offering. If you’re new to the world of prop trading, you might be wondering what it is, and how it’s different from standard trading. We’ve got the answers for you right here. And you can find out more about prop trading and the Challenge on our FAQ.
Whatever type of trading you’re interested in, you need a partner you can trust.
As a fully regulated, award-winning broker with regulatory licenses held in eight jurisdictions, we’ve got over 25 years of experience of helping clients at every level on their trading journeys. And we’re still going strong.
And when it comes to prop trading, we’re a fully self-sufficient prop trading firm, so we don’t need to depend or rely on broker partners, which helps reduce risks and makes the OANDA Prop Trader Challenge the smart choice for smart traders.
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
FX? CFDs: 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.
Choose your tier. How adventurous are you? You can take our Challenge with as little as $169.
Take the Challenge. You think you’re a smart trader – now it’s time to prove it.
Level up your trading. Pass both Challenge Phases and unlock the chance to virtually trade in an OANDA Prop Trader account.
Fee $169
Virtual funding level $10,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Profit share 80%
Fee $249
Virtual funding level $25,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Profit share 80%
Fee $299
Virtual funding level $25,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Profit share 90%
Fee $399
Virtual funding level $50,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Profit share 80%
Fee $888
Virtual funding level $188,888
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Profit share 88%
Fee $699
Virtual funding level $100,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Retry discount 20%
Fee $1,200
Virtual funding level $250,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Retry discount 20%
Fee $2,400
Virtual funding level $500,000
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
Retry discount 20%
With insights from our in-house experts, educational articles and tools to build your trading strategies, the OANDA Prop Trader blog is an essential resource for smarter traders.
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You’re not the only one bringing expertise to the table. With 25 years of experience in trading on the global stage, we’re a firmly established entity with a track record for constant innovation and an eye for the most talented traders.
Does that sound like you?
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.
The OANDA Prop Trader Challenge is a demo environment that gives traders the chance to test out their strategies and skills.
Anyone aged 18 and over from our approved list of countries can take a Challenge and qualify to be an OANDA Prop Trader. To qualify, we ask potential traders to pass a two-phase Challenge using a demo account. In the Challenge, traders will have to trade following a set of rules and also meet a number of objectives.
If you pass the Challenge, the second step is a verification stage, where we’ll ask you to provide your ID and proof of address, and conduct a liveness check. You will also need to open a trading account with OANDA Global Markets, which is where the P&L share will be paid.
For more information, please refer to the terms and conditions.