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
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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.
The trading regulations are very good
The trading regulations are very good. It offers high flexibility to traders.
January 28, 2026
Reply from OANDA Prop Trader
Hi Watcharaphon,
Thanks for the great feedback! We’re thrilled to hear that you find our trading regulations flexible. At OANDA Prop Trader, we aim to provide a framework that supports your strategy rather than getting in its way. It’s all part of our goal to keep things transparent and reliable, the same honest approach that’s defined the OANDA brand for decades.
Happy trading, and we look forward to seeing your progress!
Best,
The OANDA Prop Trader Team
This is a fraudulent prop firm
This is a fraudulent prop firm; they banned an entire country due to risk concerns while simultaneously creating a host of laws that hinder profits every day.
February 2, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Nguyễn,
Thank you for sharing your feedback. We understand that the decision to cease services in Vietnam is disappointing, and we sincerely regret the frustration this has caused.
To ensure we meet the highest standards of operational excellence, we periodically review our service regions. While this was a difficult business decision, we are committed to a transition that is as fair as possible:
For Active Challenges: We are terminating these accounts and refunding the Challenge fee to the original payment method.
For Signal Providers: We are honoring all qualified profit shares earned up to the notice date. Additionally, we are refunding the Challenge fee once the profit payout is complete.
We believe that returning initial fees while honoring earned profits is the most responsible way to handle this strategic shift.
If you have questions about your specific settlement or haven't seen your refund within the 20-business-day window, please contact us at support-proptrader@oanda.com.
All the best,
The OANDA Prop Trader Team
Scam
Wow, I passed to get live account, was having profit but then Oanda just banned the whole country. They said they will refund and do the profit split but then here comes 40% consistency rules. My live account was only 2 days of trading and 1.3% profit.
In short, to get 40% consistency rules, you need minimum of 3 days of trading. Now with that rules, they just denied to split the profit...
Do you guys think that is proper?
January 28, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Duy Tran,
We appreciate you reaching out. I completely understand how frustrating it is to have your trading interrupted, especially when a sudden shift in service affects your region.
To ensure the long-term stability of our platform, we occasionally have to make the difficult call to adjust our global footprint. While this means we can no longer support residents of Vietnam, we are prioritizing a fair exit for everyone involved. We are currently issuing full refunds for all active Challenge fees and ensuring all earned profit shares are paid out in full.
We believe that returning initial fees while honoring earned profits is the most responsible way to handle this strategic shift.
If you have questions about your specific settlement or haven't seen your refund within the 20-business-day window, please contact us at support-proptrader@oanda.com.
All the best,
The OANDA Prop Trader Team
Reply from OANDA Prop Trader
Hi Fuwei,
We take all feedback seriously and regret that your experience has led to this perspective of our services. At OANDA Prop Trader, we’re big on transparency and we stick to the same high standards and honest approach that the OANDA brand has been known for over the last few decades.
We’d love to understand more about what happened and how we can improve. Please reach out to our support team at support-proptrader@oanda.com with your account details so we can investigate your concerns further.
Best,
OANDA Prop Trader Team
Great experience with OANDA Prop Trader
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 very satisfied and would recommend OANDA to other traders.
December 10, 2025
Reply from OANDA Prop Trader
Hi Minh,
We're so glad to hear you're having an excellent experience with OANDA Prop Trader! We always strive to maintain the best service quality to support your trading journey. Thank you for your trust and for being with us.
Best,
OANDA Prop Trader Team
Continuing the scam in Vietnam
Continuing the scam in Vietnam. They banned my account without reason, both my live account and my exam account, under the pretext of "secrecy" hahaha. Is there any fund in the world that operates like this??? They promised to talk within 2-3 working days, but after almost a week, I received no response. The chatbot was supposed to talk in the morning, but then scheduled a meeting for 3 PM ;)))). The emails were automatically empty (auto mail). Worst of all, in the Vietnamese market, they limit accounts to 50,000 USD; you can check this on the website. If you don't have enough finances, capabilities, or skill level, don't open a fund. This fund is too despicable in Vietnam. I have full evidence of this fund's account and email scams in Vietnam. I can show everything here if possible.
January 16, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Pham Dung,
We’re sorry to hear about your negative experience. At OANDA Prop Trader, we’re big on transparency. We stick to the same high standards and honest approach that the OANDA brand has been known for over the last few decades.
In relation to your banned account based on internal risk models, these reviews are part of our commitment to maintaining a professional trading environment aligned with our risk management frameworks. As for the delays in communication or chatbot issues, we’re actively working to improve our systems to better support our traders.
For any general inquiries, you may reach out to support-proptrader@oanda.com.
Regards,
OANDA Prop Trader Team
Excellent Service
January 21, 2026
Reply from OANDA Prop Trader
Hi MJ,
We're so glad to hear you're having an excellent experience with OANDA Prop Trader! We always strive to maintain the best service quality to support your trading journey. Thank you for your trust and for being with us.
Best,
OANDA Prop Trader Team
The sysrem is not stable
The sysrem is not stable. My account was fail to login oneday and the notification show no money in account another day.
January 13, 2026
Reply from OANDA Prop Trader
Hi Patana,
We’re sorry to hear you’ve run into some technical bumps with the platform lately. We know how important stability is when you’re focused on the markets, and it’s definitely our goal to keep things running smoothly for you.
At OANDA Prop Trader, we’re big on transparency and high standards, so we’d like to look into those login and balance display issues for you right away. Since we don't handle account-specific details here on TrustPilot, please reach out to our team at support-proptrader@oanda.com with your account info. We’ll be happy to investigate and get things sorted.
Regards,
OANDA Prop Trader Team
They are scammers
They are scammers. I passed two rounds of verification for a $50,000 challenge account, then they asked me to submit KYC information. After I submitted all the necessary documents, they asked for another related document, and when I submitted that, they didn't accept it. I want a refund of the exam fee but have not received any response from their company.
December 4, 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Thuan,
Thank you for sharing your feedback. We understand that the KYC (Know Your Customer) and documentation process can be rigorous, but these checks are a mandatory requirement to comply with international financial regulations and to ensure the security of all OANDA Prop Trader or Signal Providers accounts. Our goal is to verify all successful traders as quickly as possible once the challenge rounds are completed.
As OANDA is a regulated entity, we apply stricter onboarding standards for account setup. If you need further assistance or an extension to complete your account verification, please reach out to us at support-proptrader@oanda.com.
Regards,
OANDA Prop Trader Team
OANDA’s current process involves…
OANDA’s current process involves offering a discounted fund purchase. After candidates pass two stages, the system detects account intrusion issues and locks the account, followed by a refund of the exam fee.
January 18, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Huynh Binh,
Thank you for reaching out. We regret any frustration caused by the security flags on your account following your successful evaluation. At OANDA Prop Trader, we utilize automated and manual security protocols to ensure that all accounts are accessed solely by the authorized trader. When "account intrusion" or unauthorized access is detected, we must take steps to secure the platform, which can lead to account locks and refunds during the compliance review.
Our goal is always to move successful traders to become OANDA Prop Traders. We do not use security measures to avoid approving traders rather, these checks are vital to maintaining our regulatory and operational standards. We would like to investigate the specific details of your case to provide more clarity. Please contact us at support-proptrader@oanda.com with your account information so we can review the findings with you.
Regards,
OANDA Prop Trader Team
OANDA Prop Trader: Lack of transparency, "Hidden Rules," and ethical concerns regarding account terminations.
OANDA Prop Trader: Lack of transparency, "Hidden Rules," and ethical concerns regarding account terminations.
Update (January 16, 2026): This follow-up is based on OANDA’s vague and non-transparent response on January 15, 2026, regarding my initial review from December 23, 2025. Their reply confirms a disturbing pattern of avoiding accountability and hiding behind "internal policies" rather than addressing the factual data provided.
The Reality of OANDA’s Evasive Tactics:
OANDA’s response fails to address the core technical inconsistencies. My account was terminated based on "internal risk assessments" and "Annex B" without a single violation of the public Drawdown limits. This is a clear case of "moving the goalposts" mid-game.
First, OANDA enforces a "40% Consistency Rule" but admits they lack the Dashboard tools for traders to track it. Expecting traders to manually calculate complex ratios while the firm hides the data is not only a technical failure but an ethical one. It is a deliberate trap designed to restrict successful traders.
Second, my trading history shows absolute discipline with consistent 0.5 – 0.8 lot sizes on a $100k account. Labeling this as "high risk" or "all-in" is factually incorrect and purely subjective. OANDA uses "proprietary risk models" as a black box to ban profitable traders who don't fit their business interest, rather than following the explicit rules of the contract.
Third, the surge of 1-star reviews from the Vietnamese trading community isn't a coincidence. It is a reaction to OANDA’s pattern of opaque bans and payout rejections. If a firm cannot provide specific, data-driven reasons for a ban and hides behind "internal secrets," it is no longer a professional funding partner but a fee-collection scheme.
I have fully documented my trades and OANDA's contradictory responses. I advise all serious traders to seek transparency elsewhere, like FTMO or The 5ers, where rules are visible on the dashboard and respected by the firm.
January 15, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Tan Ho Phuoc,
Thank you for your follow-up and for detailing your concerns regarding our internal assessments and dashboard transparency. We recognize that for a professional trader, clarity and data accessibility are paramount.
Regarding your point on the Consistency Rule, we acknowledge that providing more granular tracking tools within the dashboard is a significant area for improvement. We are currently working on technical updates to make these metrics more visible to help traders manage their strategies more effectively.
In relation to account terminations based on internal risk models, these reviews are part of our commitment to maintaining a professional trading environment aligned with our risk management frameworks. For any general inquiries, you may reach out to support-proptrader@oanda.com.
Best,
OANDA Prop Trader Team
Fast payment
January 5, 2026
Reply from OANDA Prop Trader
Hi Aaron,
Thank you for your feedback. We are pleased to hear that you experienced a fast payment process with OANDA Prop Trader. Providing efficient and reliable payouts is a key priority for us, and we are glad this met your expectations.
We appreciate your support and look forward to your continued success on our platform.
Regards,
OANDA Prop Trader Team
The company refuses to process trader…
The company refuses to process trader payouts and locks accounts without reasonable explanation, raising serious concerns about transparency.
January 10, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Hieu Kieu,
We take all feedback seriously and regret that your experience has led to this perspective of our services. At OANDA Prop Trader, we’re big on transparency. We stick to the same high standards and honest approach that the OANDA brand has been known for over the last few decades.
Please reach out to our support team at support-proptrader@oanda.com with your account details so we can investigate the matter further regarding your account status.
Do note that accounts will be automatically locked when a payout is requested.
Regards,
OANDA Prop Trader Team
best propfirm for me
January 12, 2026
Reply from OANDA Prop Trader
Hi Petch,
Thank you for your support and for choosing OANDA Prop Trader. We are delighted to hear that we are the best choice for your trading needs.
Providing a reliable and professional environment for our traders is our top priority, and we look forward to supporting your continued progress on our platform.
Regards,
OANDA Prop Trader Team
Smooth experience so far
I started using this firm recently and have been trading on their platform for a short period of time.
The signup process was straightforward, and I was able to access the trading dashboard without any issues. I mainly traded major FX pairs and noticed that spreads were generally stable during normal market hours.
So far, I haven’t experienced any technical problems, and the rules were clearly explained in the dashboard. My experience has been smooth up to this point. I will update my review if anything changes over time.
November 5, 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Tran Phat,
Thank you for sharing your experience with OANDA Prop Trader. We are pleased to hear that your journey, from the initial signup to navigating the trading dashboard, has been smooth and straightforward. Providing a user-friendly interface and clear rule sets is a priority for us to ensure our traders can focus entirely on their strategies.
It is also encouraging to know that you found the spreads on major FX pairs to be stable during your sessions. We strive to maintain a high-quality trading environment with the reliability that the OANDA brand is known for. We look forward to your continued progress, and our team remains available should you have any questions as you move forward.
Regards,
OANDA Prop Trader Team
A good company
A good company. Although there has been some negative information about OANDA Prop Trader recently, I find it untrue. My payment was approved after 2 business days. They have a good trading system, demonstrated by the following points:
1. Their trading rules help traders become consistent and disciplined.
2. The goal for the 2-round challenge is easier.
3. The system helps traders avoid the common mistake of trading on news events.
Hopefully, OANDA Prop Trader will continue to grow.
January 8, 2026
Reply from OANDA Prop Trader
Hi Nguyen Trong Khoa,
Thank you for your detailed review and for sharing your positive experience with OANDA Prop Trader. We are pleased to hear that you find our 2-round challenge structure and our trading rules, such as those regarding news events, to be beneficial for developing trader discipline and consistency. Our goal is to provide a structured environment that encourages professional habits and long-term success.
We also appreciate you highlighting your recent payout experience. We strive to process all requests efficiently while maintaining the necessary security standards, and it is rewarding to know that you received your payment promptly. Thank you for your support and for your well-wishes for our continued growth.
Regards,
OANDA Prop Trader Team
Oanda fund scams traders: terrible.
To all traders: stay away from this fraudulent fund. You'll lose money, time, intelligence, and so much more...
January 8, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Hoang Lohn,
We’ve already addressed this concern in response to your previous review. Please refer to our earlier reply for full details.
Regards,
Oanda Prop Trader Team
I followed the 5% risk management rule…
I followed the 5% risk management rule at all times and did not exceed any published trading limits. Despite this, my account was closed without a clear or specific explanation of the violation.
#krypto #Mining. Not sentiment driven. Operational stability has been the defining factor since joining.
January 6, 2026
Unprompted review
Reply from OANDA Prop Trader
Hi Andreas,
Thank you for reaching out and sharing your perspective. We understand that an account closure can be a frustrating experience, especially when you feel your risk management has been consistent with our published guidelines. At OANDA Prop Trader, we maintain rigorous monitoring systems to ensure all trading activity aligns with our specific terms and conditions to protect the integrity of our programs.
Account closures are typically the result of a thorough review process, though we recognize the importance of clarity regarding these decisions. We would like to provide you with a more detailed explanation of the specific factors involved in your case. Please contact our support team at support-proptrader@oanda.com with your account details so we can conduct a further review and provide you with the necessary context.
Regards,
OANDA Prop Trader Team
The company does a pretty good job in…
The company does a pretty good job in terms of customer service. The automated dashboard is very professional. However, I would like the company to specify the highest daily profit figure in the dashboard, as it only shows the results of completed trades. This makes calculating the 40% profit consistency difficult for traders. Otherwise, you've done very well. Wishing the company continued growth and a wonderful day!
January 5, 2026
Reply from OANDA Prop Trader
Hi Than Nguyen,
Thank you for your kind words regarding our customer service and the professional design of our dashboard. We are pleased to hear that these aspects of OANDA Prop Trader are supporting your experience, and we appreciate your well-wishes for our growth.
We also value your specific feedback regarding the display of daily profit figures. Your suggestion to include the highest daily profit figure in the dashboard is very helpful, and we have shared this with our product development team for future consideration. We are always looking for ways to enhance our tools to better serve our trading community.
Regards,
OANDA Prop Trader Team
Very poor experience
Very poor experience – payment issue & no proper support
I purchased an OANDA Prop Trader USD 5,000 challenge and paid via Touch ’n Go eWallet, which is offered as a payment option on their website.
The payment was successfully deducted from my wallet and shows “Successful”, but OANDA later claimed that the payment was unsuccessful on their system and advised me to contact my payment provider instead.
Despite providing:
Full payment receipt
Transaction reference
Merchant name (OANDA Labs Assessment Ltd)
My support ticket was initially closed without resolution, and the response was slow and unhelpful.
I am now forced to go through a manual dispute process with my eWallet provider just to trace a payment that should have been properly reconciled by OANDA.
This experience shows:
Poor payment handling
Weak customer support
No clear ownership of issues when problems arise
For a well-known brand, this level of service is disappointing. I would not recommend OANDA Prop Trader unless their payment processing and support improve significantly.
December 27, 2025
Unprompted review
Reply from OANDA Prop Trader
Hi Josh,
Thank you for bringing this payment matter to our attention. We hold our service standards to a high level, and it is disappointing to learn that your experience with our payment reconciliation and support team did not reflect this. We understand the frustration caused when a transaction shows as successful on your end but is not immediately reflected in our systems.
While we utilize established third-party payment providers to facilitate these transactions, we take full ownership of ensuring our traders receive the support they need when discrepancies occur. We would like to look into your specific ticket to identify why this reconciliation was delayed. Please reach out to us again at support-proptrader@oanda.com with your transaction details, Trader ID and registered email address so we can prioritize a resolution for you.
Regards,
OANDA Prop Trader Team
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