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OANDA Prop Trader Reviews 481

TrustScore 3.5 out of 5

3.5

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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

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Rated 4 out of 5 stars

Had Concerns, But OANDA Responded Responsibly

At first, my account was terminated because of the “one account per user” rule. This rule was written in a PDF document rather than placed in the Help Center or main guideline pages. For someone like me, whose English is not very strong and who relies heavily on translation, the process was not very friendly, and I ended up missing this important detail.

After I raised my concerns, OANDA Prop Trader did reach out to me and provided assistance, which showed me that they are willing to respond to users’ issues.

Overall, I still believe the way rules are presented could be improved, but at least the company showed a willingness to listen and respond. I strongly recommend that all traders, no matter which prop firm they join, carefully read every rule and document beforehand to avoid losing qualification due to overlooked details.

September 22, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Elva,
Thank you for your valuable review and for acknowledging the support you received. We truly appreciate your honesty and candid feedback.

We want to assure you that we always take a human approach when reviewing cases, and we are committed to finding a fair resolution for every valid appeal.

The "one user per account" policy is critical for protecting all our traders and ensuring a fair, level playing field, which is why we must adhere to it strictly. We make our full Terms and Conditions (T&Cs) available at registration and on our website.

We recognise your point about rule accessibility. Due to regulatory obligations, our official T&Cs must remain in English for consistency and compliance. We understand this challenge for our global community and are continuously working to make all our communications and rules clearer and easier to find.

We strongly agree with your advice that all traders should read our rules in full. Please know that if you ever have any questions, our support team is always here to help.

Thank you again for your patience and for being a part of the OANDA community.

All the best,
OANDA Prop Trader

Rated 1 out of 5 stars

I passed the challenge

I passed the challenge. But the OGM account is not open and I can't trade for 14 days. There might be a scam that is blocking my OGM account. Be careful.

September 9, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Turoo,

Congratulations on passing the Challenge.
We are currently experiencing a high volume of support requests and are working hard on the backlog. We assure you we are working on your case and will follow up as soon as we have an update. We appreciate your patience as our response times are currently slower than usual.

All the best,
OANDA Prop Trader Team

Rated 1 out of 5 stars

I bought a 5000$ account at a…

I bought a 5000$ account at a promotional price, but I found that after completing phase 2 there were no instructions on what to do. I tried to do it myself and have been waiting for almost 2 weeks but still can't trade. I contacted support but got no response.

September 26, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Sirawit,

Great job on passing the evaluation!
Our team has activated your account and replied to you via email.
Please ensure you check the email which you used to register your OANDA Prop Trader account with. In order not to miss any notifications from us, please remember to check your spam folder too.

Welcome onboard and all the best!

OANDA Prop Trader Team

Rated 1 out of 5 stars

Using a Prop firm backed by a broker sounded like a good idea but I'm reconsidering this approach

I've been waiting for my funded account for days now although I have done the necessary steps to attain it. The support team is slow to respond to emails. Using a Prop firm backed by a broker sounded like a good idea but I'm reconsidering this approach

September 22, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Itu,

Congratulations on passing your evaluation.

We understand the verification can take a little time, but it's crucial for us to uphold strict integrity measures to ensure a secure and fair trading environment for our entire community. Once you have provided all required documents and we have completed the process on our end, rest assured we’ll get your account credentials to you.

We’re here to support your trading journey every step of the way, if you have further queries, please reach out to support-proptrader@oanda.com

All the best,
OANDA Prop Trader Team

Rated 2 out of 5 stars

Why hasn't my email been answered

Why hasn't my email been answered? My account is 42535 and I can't open a trade. It's been so long and there's still no response.

September 19, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Жанболат,

Thank you for reaching out to us via email support.
Rest assured our team has been working on your case. Your account has been activated and you should be receiving an email notification on that soon.

Thanks,
OANDA Prop Trader

Rated 1 out of 5 stars

The Oanda support team is not friendly

The Oanda support team is not friendly. My questions were ignored and I received no response from them, even though I spent hundreds of dollars to purchase the Oanda prop firm account.

September 9, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there,

We saw your review and wanted to give you a quick update!

Your OANDA Prop Trader account is officially active, and our support team has already emailed you the necessary information.
We would also like to remind you to check your email regularly so that you don’t miss out on important notification from us.
We’re glad to have you on board and wish you the best in your trading journey!

Regards
OANDA Prop Trader

Rated 3 out of 5 stars

Verification

It's been over 10 days since I passed my phase 2
I've sent every documents required
But no funded account has been issued
I've sent email after email,but no response

September 19, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Benedict,

Congratulations on passing your evaluation.

We understand the verification can take a little time, but it's crucial for us to uphold strict integrity measures to ensure a secure and fair trading environment for our entire community.

Once you’ve provided all required documents and we’ve completed the process on our end, rest assured we’re working to get your account credentials to you.

We’re here to support your trading journey every step of the way.

All the best,
OANDA Prop Trader Team

Rated 1 out of 5 stars

Don't come into this group.

September 15, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there,

We noticed your comment about your experience with OANDA Prop Trader.
If you need assistance on any issues, do reach out to our our team on support-proptrader@oanda.com.
Please use the same email address registered with your OANDA Prop Trader account.

We look forward to hearing from you!

Regards
OANDA Prop Trader Team

Rated 2 out of 5 stars

I stuck on Phase 2 because they limited…

I stuck on Phase 2 because they limited the maximum profit 2% daily, like come on ? Phase 1 no limit but then phase 2 only 2% ? How come you give a max drawdown daily 5% but max profit daily 2%. What kind of bs is that ? You ask trader for risk management but give us only max earning profit 2% daily lower than what we can risk. If not because of that kind of bs rules, I already passed 2 phase with only 2 trade with high R:R, they close automaticly my running profit on a reason hit max daily gain where the trade position can actually run and hit phase 2 total target. Please revise the daily profit again, or else many any other prop firm trader will look for another companies.

September 1, 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Qsyxfi,

We noticed your comment about your experience with OANDA Prop Trader.

The rules during the assessment phases are designed to foster stable profits while managing risks. By avoiding unnecessary risks, you maintain steady growth, leading to a more stable trading journey.

The max daily profit limit is implemented for this reason. Once an account reaches the max profit during a particular day, all positions will be closed and profit and loss carried from all open positions will be realized on the account. Trading on the account will be disabled until the next day. Currently our max daily profit is 5% at Phase 1 and 2% at Phase 2 of the Challenge.

You can check the max daily profit level from the dashboard.

Traders are encouraged to carefully review the challenge rules that can be located on our website in the FAQs and on your account dashboard.

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

All the best,
OANDA Prop Trader Team

Rated 5 out of 5 stars

I got my funded account $5000 (pending)…

I got my funded account $5000 (pending) after passed the classic challenge.
I am still waiting to verification process on OGM.

I will update the star after my funded account was approve and active.

*Update
- OGM change my email address so its same with Propfirm --> it is GOOD
- It take long time (4 days) for verification process at OGM because my ID document not approved just because I use old phone that make my photo not clear --> It is BAD because another broker approve my ID verification within 1 day only.
- My funded account was active even my ID document at OGM still process -- > It is VERY GOOD

September 10, 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Panjianom,

Congratulations on passing your evaluation and we're glad to hear of your positive trading experience.

You're now in the final stage: the verification process and OANDA Global Markets account setup. We know this part can take a little time, but it's crucial for us to uphold strict integrity measures to ensure a secure and fair trading environment for our entire community.

Once everything is complete on our end, we'll get your account credentials to you within 1-2 business days.

We’re here to support your trading journey every step of the way, if you have further queries, please reach out to support-proptrader@oanda.com

All the best,

The OANDA Prop Trader Team

Rated 5 out of 5 stars

Establish and stable

When we talk about oanda it is well known broker and stable broker.. hopefully oanda can create a discord for easy communication between trader who seeking instant answer.. rather than email

September 9, 2025
Rated 5 out of 5 stars

Passed Phase 1 – Small Capital, Big Opportunity!

I am very satisfied to join this prob trader program. The phase 1 exam is indeed a day for discipline and emotional control. The speed platform, the spread is scalper's, and most importantly, it helps me become a more consistent trader. If you want to test your trading skills without risking big capital, this is the place!

September 8, 2025

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