built for you
Master trading with an award-winning prop firm, backed by a broker. Pass our industry-beating Challenges, get virtually funded and stand to cash out 80% of your profits.
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.
Low fees and accessible targets. Pass our two phases to get virtual funds, and take home a real 80% profit share.
Static drawdown
Profit share 80%
Phase 1 profit target 5%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $35
Static drawdown
Profit share 80%
Phase 1 profit target 5%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $60
Static drawdown
Profit share 80%
Phase 1 profit target 5%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $299
Static drawdown
Profit share 80%
Phase 1 profit target 5%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $599
Static drawdown
Profit share 80%
Phase 1 profit target 5%
Phase 2 profit target 5%
Daily loss limit (of initial balance) 5%
Fee $1200
Trailing drawdown
Profit share 80%
Phase 1 profit target 8%
Phase 2 profit target 5%
Daily loss limit (equity based) 5%
Fee $2400
*Confident in your skills? Trade with 500k worth of virtual funds – one of the highest in the market. Stay within a 5% loss limit based on your previous end-of-day total account value. You’ll cash out a real 80% profit share!
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.
Earn an 80% profit share
Pass the Challenge and unlock an OANDA Prop Trader account — with a chance to cash out an 80% 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.
We accept the following methods for buying challenges. Payment options may differ depending on your region and will be reflected at checkout.
