OANDA Prop Trader Reviews 481

Best System Real time .

My trading account was stable, and I did not violate any stated rules. However, OANDA terminated my account under Clause 7.2, which grants the company sole discretion to determine whether any transaction, practice, strategy, or situation constitutes “Prohibited Trading Conduct.”

This clause is highly unreasonable, as it allows accounts to be banned arbitrarily without transparent justification. I strongly recommend avoiding this platform and choosing more reputable brokers instead.

It is my first i use oanda prop and i don't have a word it is very good i recomended to use

I am very disappointed with my experience with Onada. My funded account was suddenly banned right before the payout date, and the team provided no clear explanation of which specific trade violated their rules. When I requested clarification, they only sent generic statements without identifying which order, what rule, or which clause in their Terms & Conditions I had supposedly breached.
If there is a rule about “risk” or certain trading behaviors, it should be clearly shown and transparently communicated. Instead, Onada took action at the worst possible moment, offering no proper evidence or breakdown of the alleged violation. This raises serious concerns about fairness and the reliability of their evaluation process.
Traders deserve transparency, especially when real payouts are involved. Without clear rule enforcement and proper justification, it is hard to trust the credibility of this firm.

My account was terminated following by a ban from their program without any clear evidence and explanation like other prop firms. I did not violated any rules and I have maintained the same trading strategy. Their email response and the payout processing time is super slow during the last 2 months. It seems that they are struggling with their cash flow model when they easier the profit targets, offering huge discounts but constantly delaying payouts. It look very similar to what had happened with MFF and TFT before the revealing they are scamming customers! Be aware of this firm when making your purchases because they don't seem to respect the long history of OANDA's brand in forex industry.

My first time with Oanda prop firm and the profit target is lower than other firm and I enjoy that.

Hopefully, the support can be quicker sometimes and overall I'm enjoying my journey with them

This is the second time OANDA has demonstrated a clear inconsistency and lack of commitment to its traders in Vietnam, and this time, the policy change seems designed to eliminate profitable traders under vague pretexts.
​The Problem: Policy Changes Lead to Arbitrary Termination
​I was recently terminated from the OANDA Prop Trader Challenge, and the reason provided was a vague statement about my "trading strategy and execution patterns" not being "aligned with criteria essential for participation," of the Terms and Conditions.
​The reality is that this termination follows a recent, unannounced shift in operational standards—standards that only seem to surface once a trader has proven successful.
​Vague Termination Clause: The firm hides behind a "confidential" internal risk assessment model, making their decision final and non-appealable. This is a red flag. It creates an environment where they can arbitrarily terminate any account they deem too profitable, simply by invoking a secret, proprietary rule.
​Targeting Profitability: It is highly suspicious that my termination came after consistently achieving positive returns, right when the firm has been introducing new, restrictive rules (like the Daily Maximum Profit Limit/Consistency Rule changes mentioned in other communications). This feels like a strategic suspension of services to traders in Vietnam who demonstrate high-level skill, making it impossible to transition to a funded account.
​The Second Limitation: This is not the first time OANDA has limited its services to traders in Vietnam. This pattern of on-again, off-again service and sudden policy shifts demonstrates a profound instability and disrespect for the trading community here.
​The "Refund" is Not Enough
​While they offer a "full refund" of the Challenge Fee, this does not compensate for the time, effort, and successful trading history that was instantly invalidated. The goal of a prop firm challenge is to get funded, not to get a fee refund after being profitable. This termination acts as a huge roadblock to legitimate traders who pass the evaluation only to be blocked from the Signal Provider (funded) stage.
​Final Verdict
​Traders in Vietnam should be extremely cautious. OANDA's practice of changing "essential criteria" without clear warning, and using non-specific risk assessment to terminate profitable accounts, suggests a fundamental flaw in their commitment to their local user base. If you are a profitable Vietnamese trader, you risk having your hard-earned progress wiped out under the guise of an "operational update" and being permanently banned.
​Rating: ⭐ 1/5 Stars - Unstable, inconsistent, and seemingly targets successful traders

Good proptrader

I have been trading with OANDA Prop Trader for several months. However, recently the operation has been very slow. I passed the two-step challenge and was informed that verification would take 1–3 business days. It has now been about a week and there has been no activation or visible progress.

I am writing this honest review as feedback in the hope that the company will address this delay and improve the speed of its processes, which would also help enhance the overall credibility of the program.

Before buying the challenge, I checked the 1-star reviews and honestly hoped I would never end up in the same situation — especially with the strict risk-management program I use. But one bad day was enough to put me in this terrible experience.

My account (#55360) was closed instantly for “max daily loss,” yet the numbers don’t add up at all. They claimed my equity hit $4,862.74, while my dashboard clearly shows the lowest equity was around $4,925.30 — nowhere near their reported value. Even the loss shown for that day doesn’t support their claim.

I contacted them immediately with proof, but they haven’t sent a single reply, not even a confirmation that they’re reviewing the case. It took them seconds to close my account, but days later they still can’t respond.

Extremely unprofessional and unreliable. I really regret trusting this prop firm.

OANDA Prop Trader Denied Payout for Annex B Violation—Zero Specifics Provided. Anyone Else?

You guys work very seriously and honestly, that's great for a company that provides capital to investors. I hope you can improve the processing time and payment to investors.

Trading with OANDA Prop Firm has been a great opportunity to earn real profits without any time pressure. You can trade at your own pace, and their support team provides instant responses. Payouts are transferred quickly to the OGM landing account after profit-sharing approval. I also like their system that allows internal transfers from your payout directly to your OANDA live trading account. Plus, I even received my funded challenge fee back after the first payout.

Account 49138
positive: the platform MT5 work well. I really did withdraw profit and the challenge fee.
Negative:
Here is your translation to English:
The regulations for live accounts are very complicated and unclear. My account was accused of making dangerous all-in trades and was deleted, even though I was actually profitable and did not violate the rules on daily maximum loss or total loss. They want us to place only one order position at a time, with clear take-profit and stop-loss, but they never stated this clearly. And there was no warning at all. I lost my account in a very unfortunate way.
In short, Oanda is a reputable company, but it seems they set many rules that cause you to lose challenge fees, report violations, and delete accounts without giving any warnings.

Warning scammers. I have now been sent a thank you letter to the account border for 1 reason of serious violation of regulations but while I myself am not innocent of the violation, and also have not provided any evidence that we violate. I trade very seriously and fully follow the rules of OANDA however OANDA banned me very unreasonably, and now many other Transactions have been banned permanently. I want to warn everyone here who is scamming

It's not even worth looking at. There is no Turkey, no European countries, unfortunately they are second-class countries, and this shows how lacking in vision the Oanda has.

i feel good and exciting to be prop trader