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
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
What people talk about most
Reviews shaping this summary
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
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
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
About OANDA Prop Trader
Written by the company
About OANDA Prop Trader
Why OANDA Prop Trader
What you can expect from us
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
171 Old Bakery Street, VLT 1455 , Valletta, Malta
- support-proptrader@oanda.com
- proptrader.oanda.com
Be a part of our community
3.5
Average
481 reviews
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.
Very bad trading conditions
Stay away, their conditions are extremely bad. Their MT5 accounts just drop connection at random times and then just never connects again. They have zero customer service. Where other prop accounts run smooth and make profit on the same strategy, Oanda prop firms has delayed candles and pricing.
August 4, 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Nicholas,
Thank you for bringing your MT5 issue connection to our attention. We’re currently looking into this.
A recommendation will be to check if you can log on via the MT5 mobile app and MT5 web. To access these platforms, visit the help centre on our website and locate the FAQ: What platforms can I trade on?
If you have further queries, please reach out to our support team directly at support-proptrader@oanda.com
Thanks
OANDA Prop Trader Team
My first challenge with Oanda Prop Trader
I have passed phase 1 of my first challenge with Oanda, everything has been very correct and transparent, the spreads are acceptable (at least for the assets I use).
Really a good experience that give me encouragement to face the final phase.
August 4, 2025
not great experience at all
not great experience at all!
placed order over 2 hours of a news and said i breach the rules ! everyone avoid this company ! not worth
July 22, 2025
Reply from OANDA Prop Trader
OANDA Prop Trading has restrictions on trading during major financial news events. Traders should avoid executing any new trades or closing existing trades (including from triggered pending orders, market orders or EAs) within a four-minute window.
Please note that news trading does not result in a hard breach during the Challenge phase. A hard breach occurs when the Maximum Daily Loss or Maximum Drawdown Limit rules are violated.
Traders are encouraged to carefully review the challenge rules that can be located on our website in the FAQs and Dashboard.
If you have further queries, please reach out to our support team directly at support-proptrader@oanda.com
Regards
OANDA Prop Trader Team
2nd phase challenge 2 % profit limit is…
2nd phase challenge 2 % profit limit is not reasonable,
if I loss over 2 %, I need to take more days to recover the loss, hope you can change this rule
July 21, 2025
Reply from OANDA Prop Trader
Hi there,
Thank you for sharing your experience with OANDA Prop Trader.
We have a consistency rule (Maximum Daily Profit) in place on the challenge phase.
Traders are encouraged to carefully review the challenge rules that can be located on our website in the FAQs and Dashboard.
We value your feedback and will take that into consideration.
Regards
OANDA Prop Trader Team
Easy achievable prop trader…
Easy achievable prop trader requirement, currently at 5% profit level at first step.
Suggest maintain at this level to increased enrollment
July 21, 2025
Reliable platform
I’ve been trading with OANDA Prop Trader for several months now, and I’m genuinely impressed with the platform. The funding process is transparent and fair, the rules are trader-friendly, and the evaluation phase is structured in a way that supports growth rather than punishing mistakes.
OANDA Prop Trader offers a reliable, trader-focused pathway for anyone looking to scale their trading career. Highly recommended to serious traders looking for a solid prop firm with real backing.
July 17, 2025
This company charges exorbitant commissions, unlike competitors. Scalping is not viable here, it's best to avoid it entirely due to the high costs.
This company charges exorbitant commissions, unlike competitors. Scalping is not viable here, it's best to avoid it entirely due to the high costs. Even with money management, a small account will struggle with these commissions.
Consider the bigger picture: If you make 4-5 trades, earning $50 but losing $35, your net profit is effectively zero after commissions are deducted."
July 24, 2025
Unprompted review
Reply from OANDA Prop Trader
Dear Grab
We understand that trading costs are an important consideration for prop traders.
At OANDA Prop Trader, we offer industry-beating core pricing with starting spreads starting from 0.0 pips in FX and 0.1 in Gold with a commission of just US$7 per round lot (US$3.50 one way). Index and Commodities CFDs are available for trading without any additional commission per lot fee.
Regards
OANDA Prop Trader Team
Oanda is a good trading platform for…
Oanda is a good trading platform for prop firm, since it has many plan to choose even thought ur budget is low, It gives everyone a change to become a successful trader. Also every rule is acceptable for user. I only hope corporation can change 1 thing : improve the website, sometimes it is lagged.
July 22, 2025
Great Platform!! Hope we achieve great success together.
Quick Evaluation!! No waiting for 3 or 4 to verify your account.
July 22, 2025
Extremely difficult in KYC issue
Extremely difficult in KYC issue. More procedures than other fund companies. Customer support is very slow. Need to change and improve many KYC issues to be faster and more automatic.
July 22, 2025
Unprompted review
Reply from OANDA Prop Trader
Dear Tuấn Anh
The verification process involves several steps to align with both regulatory requirements and our internal protocols, and some of these steps may require more time than others.
We value your feedback and are continually working to improve our processes to provide you with a smoother experience.
If you need help or have any more questions, don't hesitate to contact us at support-proptrader@oanda.com.
Regards
OANDA Prop Trader Team
if you pass the challenge you need to wait 2 to 3 day after you finished your KYC and OGM account t registration
it is easy to pay and get pass the challenges
July 22, 2025
I passed challenge from April and get…
I passed challenge from April and get payout but until now after nearly 4 months, they still not refund my challenge fee.
I will let this review 1* here until my case is solved.
April 1, 2025
Unprompted review
Reply from OANDA Prop Trader
Dear Thi Ngoc Mai Nguyen
We noticed your comment about your experience with OANDA Prop Trader.
In most cases, the challenge fee is refunded promptly after the first successful payout.
However, due to recent regulatory changes affecting digital currencies, we are working with the payment provider to refund in an alternative cryptocurrency, and a longer processing time is needed.
An alternative option for a free challenge is provided, which can be processed quickly.
Please rest assured that we are committed to sorting this out for you, and if you have further queries, please reach out to our support team directly at support-proptrader@oanda.com
Regards
OANDA Prop Trader Team
All the thing is well except the time…
All the thing is well except the time reviewing mailing address.
July 17, 2025
Reply from OANDA Prop Trader
Dear Sinh
The verification process involves several steps, and some of these may require more time than others. We value your feedback and we know that your time is precious, so we’re always working to improve our processes to provide you with a smoother experience.
If you need help or have any more questions, don't hesitate to contact us at support-proptrader@oanda.com.
Regards
OANDA Prop Trader Team
Very easy rule and fast pass
July 16, 2025
OANDA Prop Trading is very good!
July 14, 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.