Take your prop trading to the next level with OANDA's revamped Prop Trader program. We've listened to your feedback and introduced exciting new features and plan options to help you succeed.
OANDA Prop Trader program gets a boost- more power and flexibility for you!
Big news, traders!
We're thrilled to announce some major upgrades to the OANDA Prop Trader program, all designed to help you trade smarter, manage risk better, and earn more. And the best part? These changes are a direct result of your feedback. We've been listening, and we're committed to providing a trading environment that empowers you to reach your full potential.
Introducing the "Boost" plan: elevate your trading
Imagine a trading plan that offers rock-solid stability, crystal-clear transparency, and accelerated growth. That's the power of the new Boost Plan:
- Static Max Drawdown: No more worries about trailing drawdowns! With a drawdown level fixed at 90% of your starting balance, you've got a strong foundation to build your strategies. Think of it as a safety net that lets you trade with confidence.
- Daily Loss Limit: No more recalculating daily loss limit. Manage your risk like a pro with a fixed 5% daily loss limit based on your starting balance. This feature acts as a built-in safeguard, helping you protect your capital and trade responsibly.
- Enhanced Transparency: Our revamped dashboard puts you in the driver's seat. Easily track your daily loss limit, risk trigger levels, static drawdown, and reset times – all in one place. Knowledge is power, and we're giving you the tools to make informed trading decisions.
- Increased Profit Share: Get ready to boost your earnings! Enjoy an 80% profit share on your first payout and a whopping 90% on all subsequent payouts. Reap the rewards of your trading skills.
- Minimum Payout based on account size: Access your profits when you achieve a minimum payout of just 2% of your initial balance.
- Retry Discount: We all have setbacks, but that shouldn't stop you. Benefit from a 10% discount on retries and get back in the game with renewed focus.
This framework provides traders with a safety net, encourages disciplined trading, and ultimately increases their chances of success in the challenging world of prop trading.
Why these changes matter
In the fast-paced world of prop trading, adaptability and control are key. These updates give you:
- Robust Risk Management Framework: Trade with greater confidence knowing you have the different types of Maximum Drawdowns (Trailing/ Static) and Daily Loss Limits (Dynamic/ Fixed) to manage your risk effectively.
- Maximized Earning Potential: Reach your profit goals faster with more challenges offering higher profit shares and quicker payouts.
- Transparency and Choice: Make informed decisions with our transparent dashboard and choose the plan that fits your trading style
OANDA: Your partner in trading success
At OANDA, we're more than just a platform – we're your partner in success. These changes show our commitment to constantly improving and being responsive to your needs.
Ready to take your trading to the next level?
Head over to [link to the rules once ready] for all the details and updated rules.
Ready to Trade?
Need Help?
We're here to support you. Contact support-proptrader@oanda.com or visit our help center with any questions.
Happy Trading!
