Banner for OANDA Prop Trader

OANDA Prop Trader Reviews 481

TrustScore 3.5 out of 5

3.5

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Review summary

Created with AI, based on recent reviews

Considering 325 reviews, most reviewers were somewhat happy with their experience overall. Many customers appreciate the stable and easy-to-use platform, finding the trading experience reliable with smooth order execution. Reviewers often highlight the responsive customer service and fast payout process as significant positives, with some noting quick transfers to their OANDA accounts. However, some people were dissatisfied with slow response times and delays in account verification and payout processing. A few customers also mentioned issues with unclear rules and unexpected account terminations, leading to frustration regarding customer support and the overall user experience.

What people talk about most

Payment

Reviewers highlight ambiguous aspects of payment. While some customers report impressively fast payouts, with... See more

Response time

Clients share ambiguous opinions on response times. Many customers report significant delays in receiving... See more

Customer service

Consumers find customer service experiences to be ambiguous. Many reviewers express dissatisfaction with... See more

Service

People report ambiguous experiences with service. Many customers express significant dissatisfaction, citing... See more

User experience

Users describe ambiguous interactions with user experience. Many reviewers praise the platform's stability,... See more

Reviews shaping this summary

Rated 4 out of 5 stars

My experience trading with Oanda Prop Trader (OPT) has been quite good and comfortable; the support team is also very dedicated. I know they have only recently entered the Funded Trading sector, so th... See more

Rated 4 out of 5 stars

Hi ! My experience with OANDA Prop Trader has been excellent. The platform is stable, transparent, and easy to use. Trading rules are clear, and the overall process feels professional and fair. I am v... See more

Company replied

Rated 3 out of 5 stars

Honestly still not able to give a rating. I have passed my two step challenge. And an email have been received for the funded account. But until now, still unable to perform any orders on MT5 for my f... See more

Company replied

Rated 4 out of 5 stars

I am very satisfied with the Oanda Prop service and have successfully requested two payouts. The platform itself is excellent, earning a strong recommendation. However, I encountered two minor issues... See more


Company details

  1. Alternative Financial Service
  2. Educational Institution
  3. Finance Broker

About OANDA Prop Trader

Written by the company

About OANDA Prop Trader

The OANDA Prop Trader Program offers traders an exciting opportunity to trade with larger amounts of virtual capital and advanced tools. Traders can get a share in the profits they earn for up to 90%. To ensure commitment to excellence and success, traders must complete a two-step challenge that showcases their ability to generate profits and manage risk effectively.

OANDA Prop Trader is operated by OANDA Assessments (Limited), a trusted entity registered in Valletta, Malta (Company Registration Number: C 106331).

To learn more about the challenges, please visit this link.


Why OANDA Prop Trader

OANDA has been the trusted partner for smart traders for over 25 years – and counting. We are a fully regulated, globally recognized broker with regulatory licenses in eight jurisdictions.

We have claimed top honors at the TradingView Broker Awards, four years in a row, including being named Broker of the Year in 2023.

Supported by brokerage infrastructure for trade execution, deeper liquidity pools and high reporting standards, OANDA Prop Trader is well poised to promote sustainability in the prop trading industry.


What you can expect from us

  • Human Support - Our service is responsive and dependable 24hr.
  • Advanced Tools - Access to a plethora of resources from education, market analyses, to trading tools.
  • Security & reliability - Your payouts are safe, and secure.



Smarter trading with reduced spreads

Written by the company

OANDA Prop Trader offers industry-beating core pricing with spreads starting from 0.0 pips in FX and 0.1 in Gold with a commission of just US$7 per round lot.

Contact info

Be a part of our community

Connect with like-minded traders, earn rewards and get discounts.

3.5

Average

TrustScore 3.5 out of 5

481 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 92% of negative reviews

Typically replies within 2 weeks

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Phase 1 pass

Phase 1 pass
Phase 2 pass
I have deny to get funded bcoz i dont have oanda real acc. When i want to register the real oanda acc, the system told me my email has been use... no one oanda staff can solve this problem.

June 23, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Mohd zamrie Mohd latebi,

Congratulations again on passing your evaluation! We understand your frustration—it’s discouraging to feel blocked at this final step, and we want to get this resolved for you right away.

According to our records, your OANDA Global Markets (OGM) account is valid. We've sent several email reminders regarding the final required steps to activate your Signal Provider account.

Please check your primary inbox and spam folders frequently as this is our main mode of communication.

If you still cannot find the emails, or would like to appeal for an extension, please reach out to support-proptrader@oanda.com. They can re-send the instructions and walk you through the final steps.

We look forward to seeing you trade with us!

OANDA Prop Trader Team

Rated 1 out of 5 stars

Challenge Passed, Access Denied Disappointed by Hidden Barriers

my experience after passing the challenge has been deeply disappointing.Despite successfully completing the challenge and verifying my KYC, I was denied access to a funded account due to rejection of the mandatory OGM landing account—without any explanation. This requirement was never clearly stated upfront, and the lack of transparency around the rejection process is frustrating.What’s more concerning is the absence of alternative payout options. Forcing traders to open an OGM account, especially when it’s regionally unsupported or inaccessible, creates unnecessary barriers. Crypto, bank transfer, or other global methods should be available to accommodate international traders.I invested time, effort, and emotional energy into meeting the challenge criteria. To be blocked by a separate, opaque process feels unfair and discouraging. I urge OANDA to reconsider its payout structure and improve communication around post-challenge requirements.This platform has potential—but only if it treats its traders with the same precision and fairness it demands from them.

October 15, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi XAUPAPI,

Thank you for bringing your experience and concerns regarding your OANDA Global Markets (OGM) account application to our attention. We sincerely regret that your journey with us reached an unsatisfactory and frustrating conclusion, especially after successfully passing the trading Challenge and completing KYC.

We want to be clear: your success in the challenge is a genuine testament to your trading skill! However, as you rightly point out, the OGM account application is a separate, regulated process.

As a regulated financial entity, we must reserve the right to accept or decline any client account application. Due to strict regulatory and internal compliance policies, we are legally prohibited from disclosing the specific reason for the rejection of your OGM application. We understand this lack of disclosure is frustrating, and we apologize for this necessary opaqueness.

We recognize the significant effort and time you invested in the Challenge. While we are unable to proceed with the Signal Provider account, we have taken immediate action to process a full refund of your Challenge fee to your original payment method.

We wish you the very best in your future trading career!

OANDA Prop Trader Team

Rated 1 out of 5 stars

This Propfirm doesn't have atleast an…

This Propfirm doesn't have atleast an Discord server also, so how are we trusting these guys???

October 15, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Theja,

Thank you for your feedback regarding a Discord server.

While we don't currently use Discord, we do host a very active, dedicated Community platform just for our traders. It's a fantastic place for you to collaborate, interact, and learn from fellow traders.

This official community allows you to quickly get peer support, and even earn coins to get exclusive rewards and giveaways. If you are already registered with us, you can log in directly via your dashboard, or access the OANDA Prop Trader Community here: https://proptrader-community.oanda.com/v2/app/login

We look forward to seeing you in our Community!

Cheers,
OANDA Prop Trader Team

Rated 1 out of 5 stars

Customer service/withdraws

Customer service is really slow borderline not replying , getting my KYC was a nightmare they asked too many questions compared to other brokers, for example about my exact bank account balance, inheritance certificate and about things that happen 10 years ago. Now I have issues withdrawing funds a total nightmare with this customer support.

October 15, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Sklag,

We noted your review on OANDA Prop Trader.

We understand that our verification process may take a little time, but it is crucial for us to uphold strict integrity measures to ensure a secure and fair environment for our entire trading community.

We appreciate your patience while your documents are being reviewed. Once this process is complete, you’ll be notified via email.

If you have any further questions or need clarification, please don't hesitate to reach out to our dedicated team at support-proptrader@oanda.com.

Best,

OANDA Prop Trader team

Rated 1 out of 5 stars

Auto merge two account and not refund…

Auto merge two account and not refund fee two account when payout. Scam fee buy account

October 9, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Duong Trong,

Firstly, well done on achieving your payout!

We want to make sure the Challenge fee refund process is as clear as possible. We understand there can be confusion when accounts merge, but we must adhere to the rule that only the original Signal Provider account active prior to the merger is eligible for the challenge fee refund during the first payout. You can find this information on "Refund of Challenge fees" section on our website rules.

We know these specific rules can be tricky, but we are here to support you every step of the way.

If you have any further questions or need clarification, please don't hesitate to reach out to our dedicated team at support-proptrader@oanda.com.


All the best,
OANDA Prop Trader Team

Rated 1 out of 5 stars

Oanda support team is good

Oanda support team tried their best to handle my request. Thank you very much

October 9, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Dung Nguyen,

Thank you for sharing your feedback with us. We are genuinely sorry for the delay you've experienced in our response. Our team has been dealing with an exceptionally high volume of queries recently, which unfortunately caused this backlog.

In the meantime, our comprehensive Help Center is available 24/7. We truly appreciate your patience and understanding as we work to resolve every issue as quickly as we can.

Regards,
OANDA Prop Trader Team

Rated 1 out of 5 stars

A housewife could not open a OGM…

A housewife could not open a OGM account. Then everything not work out. Ridiculous

October 8, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there,

We understand how disappointing it can be when an account application doesn’t work out as expected.

Please know that our account approval process follows strict regulations designed to protect both our company and our prop trading community. Part of this process requires applicants to provide accurate and complete personal and financial information. While we review every application carefully, we may sometimes have to decline an account due to business decision.

Thank you for your support.

Regards,
OANDA Prop Trader Team

Rated 4 out of 5 stars

It take so long to receive any response from supporters.

I sent request to help to change OGM account due to I typed wrong account and it has been 4 days but I still havent received any response. Please contact to me. Cant believe that.

October 14, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there. Thank you for the 4-star review!
We are sorry to hear that you're feeling our response times are a bit slow. We've sent you two requests for more information. Once we hear back, we will investigate your experience and work to resolve this for you.

Rated 5 out of 5 stars

Highly Recommend OANDA Prop Trader!

I purchased my account during a discount offer, and it has been one of the best trading decisions I’ve made. The dashboard updates instantly, making it very easy to monitor my trades and progress. Their customer service is excellent—fast, polite, and always ready to help.

I also received my first payout smoothly and it was approved without any issues, which truly demonstrates their transparency and reliability. Overall, OANDA Prop Trader offers a great experience for traders seeking a professional and trustworthy proprietary trading firm.

October 10, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Sahan,

we really appreciate your feedback and the five-star review! Knowing you're happy with OANDA Prop Trader means a lot to the entire team.

Best of luck with your next Challenge!
OANDA Prop Trader Team

Rated 2 out of 5 stars

connection issue and slightly delay

I often experience connection issue with server, especially when using the MT5 app on Android. This app is unstable and slightly delayed when closing orders.

August 7, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there,

Thank you for bringing your MT5 issue connection to our attention.

We recommend ensuring a stable internet connection during trading. You may also want to try trading via the MT5 desktop application.

If you have further queries, please reach out to our support team directly at support-proptrader@oanda.com

Thanks
OANDA Prop Trader Team

Rated 1 out of 5 stars

oanda is big scammer and cheater

oanda is big scammer and cheter, when i buy they say drawdown 5% daily and max is 10%, first day i have loss 5%,but 2nd day i just loss 2% so they close my account and send email me like this,
We have detected a hard breach on your account 33635.
Current Equity of $47,073.42 is less than Max Drawdown Equity Level of $47,108.96
and when i read this email i try to talk with them visa live chat but no one reply, sent email many times but no reply, it s really big cheater firm

September 29, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Siwaphorn,

We understand you had some concerns about your experience with OANDA Prop Trader, and we're here to clarify things for you and help you understand our rules better.

Daily Loss Limit (5%): This is fixed at the start of each trading day, based on your previous day’s end-of-day equity. It remains constant throughout the trading day.

Maximum Trailing Drawdown (10%): This is the maximum you can lose in the lifetime value of your account in each phase. The maximum drawdown is a “trailing” limit, meaning it increases as your account balance grows with any realized profits. If your account balance increases from its starting point, that becomes your new high water mark. Because this drawdown is tied to your overall account performance, it might be above or below your daily loss threshold, depending on your recent account equity changes.

It's important to remember that both of these limits work independently, and exceeding either one can lead to an account breach.

Traders are encouraged to review the Challenge rules, which can be easily found in the FAQs on our website or on the account dashboard. Your account dashboard is also a great place to check your current trading limits.

We understand these rules can be a bit technical, so if you’d like further clarifications, please reach out to our support team directly at support-proptrader@oanda.com

Thanks,

OANDA Prop Trader Team

Rated 5 out of 5 stars

TQ OANDA TEAM SUPPORT

tq for your response Oanda support team

October 1, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Aishah,

Thank you for sharing your feedback with us. We are genuinely sorry for the delay you've experienced in our response. Our team has been dealing with an exceptionally high volume of queries recently, which unfortunately caused this backlog.

We appreciate your patience. We've escalated your query and you don't need to take any further action right now. Please keep a close eye on your inbox, as our team will be reaching out to you shortly.

Thanks again,
OANDA Prop Trader Team

Rated 2 out of 5 stars

Great Platform, But Payout Options Need Urgent Expansion

The pricing is competitive and the trading rules are fair, which makes OANDA Prop Trader a solid choice overall. However, I’ve encountered a major issue with the payout process. Currently, the only available method is through OGM, which requires opening a landing account. Unfortunately, OGM does not support my region, making it impossible for me to receive any payouts.

This limitation is deeply concerning for international traders. I strongly urge the team to introduce alternative payout options such as crypto, Neteller, or Skrill and allow these to be processed directly through the OPT dashboard. A more inclusive and flexible payout system would make this platform truly global and trader friendly

October 7, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Xau Papi,

Thanks for taking the time to share your review and leave us some feedback. 

We’re so happy to  hear you find our trading rules fair and consider OANDA Prop Trader a solid choice.

We appreciate the suggestions you’ve made and will take it into consideration as we seek to improve the trading experience for all our users.

If you need any immediate assistance with your payout, please reach out directly to our team at support-proptrader@oanda.com and they'll be happy to help.

Thanks again,

OANDA Prop Trader Team

Rated 5 out of 5 stars

Prop Acct Introduction

Best support & timely assistance when required.
Vibrant by the marketing team and established broker.

October 7, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Thank you for your feedback and the five-star review!

Rated 5 out of 5 stars

Hi hope you guys are doin well.

Hi hope you guys are doin well.. It's my First time doing this didn't know much but making the risk was worth I understand much more now

U huts just need to make the rules more visible and easier to understand that continue to attract more customers

October 3, 2025
Rated 5 out of 5 stars

I would recommend Oanda

Despite the occasional blip (web page sometimes doesn't load immediately but needs to be refreshed...), the design and ease of use is great.

October 1, 2025

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look