Our biggest reward.
Are you ready for the ultimate prop trading Challenge?
Trade with $500,000 of virtual funds for a real 80% share of the profits.
T&Cs apply
Starting at $35 for our 5k Challenge and up to $2400 for our 500k Challenge.
With up to 100:1 leverage and spreads starting from 0.0 pips, selecting the perfect challenge is simple.
Get up to 90% profit share
Phase 1 profit target 10%
Phase 2 profit target 5%
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $99
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $399
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $699
Get up to 80% profit share
Phase 1 profit target 8%
Phase 2 profit target 5%
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $35
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $2,400
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit 5%
Maximum drawdown 10%
Maximum leverage 100:1
With insights from our in-house experts, educational articles and tips to build your trading skills, the OANDA Labs blog is an essential resource for smarter traders.
What is Proprietary Trading?
Forex proprietary trading, commonly known as prop trading, entails participation in a funding program facilitated by forex proprietary firms. Traders who qualify through assessments conducted by these firms gain access to the firm's capital for executing forex trades.
Get insights on the analysis of market dynamics
Analyse the strength of support and resistance levels using Order and Position Books. Get insights on the analysis of market dynamics with powerful tools for a more robust trading strategy and to stay ahead of the market.
How do prop traders get their trading ideas?
For prop traders, generating quality trading ideas systematically is key to profitability. In this blog post, we discuss the top methods seasoned prop traders use to identify opportunities across markets, from stocks, futures, to forex.
Challenge levels up to $500,000
Put your prop trading skills to the test. Choose your Challenge and test your trading strategies with up to $500,000 in virtual funds.
Access All Assets
CFDs: FX, commodities, precious metals, indices? Your call. We’ll give you access to virtually trade a wide range of assets, with pricing from our unmatched market relationships and trading infrastructure.
Up to 90% profit share
Pass the Challenge and unlock an OANDA Prop Trader account - with a chance to earn up to a 90% share of the profits.
Fee refund on first payout
Prove your skills as a prop trader. Make a profit and we’ll give you your Challenge fee back along with your first payout.
The Prop Trader Challenge is OANDA’s prop trading offering. If you’re new to the world of prop trading you might be wondering what it is, and how it’s different from standard trading. We’ve got the answers for you right here. And you can find out more about prop trading and the Challenge on our FAQ
Whatever type of trading you’re interested in, you need a partner you can trust.
As a fully regulated, award-winning broker with regulatory licenses held in eight jurisdictions, we’ve got over 25 years of experience of helping clients at every level on their trading journeys. And we’re still going strong.
And when it comes to prop trading, we’re a fully self-sufficient prop trading firm, so we don’t need to depend or rely on broker partners, which helps reduce risks and makes the OANDA Prop Trader Challenge the smart choice for smart traders.
You’re not the only one bringing expertise to the table. With 25 years of experience in trading on the global stage, we’re a firmly established entity with a track record for constant innovation and an eye for the most talented traders.
Does that sound like you?
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$5k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $35
-
$10k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $60
-
$25k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $199
-
$50k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $299
-
$100k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $599
-
$188k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $888
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$250k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $1,200
-
$500k virtual funding
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $2,400
-
$10k virtual funding
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $99
-
$50k virtual funding
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $399
-
$100k virtual funding
Static drawdown
Profit share up to 90%
Phase 1 profit target 10%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $699
We accept the following methods for buying challenges. Payment options may differ depending on your region and will be reflected at checkout.
