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OANDA Prop Trader Review
OANDA Prop Trader was a funded trading program run by OANDA. FTMO Group bought OANDA in 2025 and closed this program on 31 March 2026, moving clients to FTMO.
Min Deposit
N/A
Spreads From
N/A, this was a funded account program, not a spread based broker
Max Leverage
N/A, simulated funded accounts under fixed program rules
Platforms
MetaTrader 5, TradingView
Pros
- Offered simulated funded accounts up to 500,000 dollars in size
- Boost plan profit split rose to 90 percent after the first payout
- Clients who skip the move to FTMO can request a full refund
- Was originally backed by OANDA, a long established CFD broker group
- Migrating traders get an incentive to switch onto FTMO's platform
Cons
- No longer accepts new clients, the program closed on 31 March 2026
- The old sign up page now redirects to OANDA's general CFD site
- Some past traders reported rejected payouts and abrupt account closures
- Had no free evaluation option and no instant funding accounts
- Existing traders must now learn FTMO's own rules and platform
OANDA Prop Trader launched on 22 January 2024. Traders paid a fee to pass a two step evaluation, then managed a simulated funded account worth up to 500,000 dollars. The Classic plan paid a flat 80 percent profit split, while the Boost plan rose to 90 percent after the first payout.
In February 2025, FTMO Group agreed to buy the wider OANDA Group from CVC Capital. The deal closed on 1 December 2025. On 2 March 2026, OANDA and FTMO announced that OANDA Prop Trader would formally end on 31 March 2026. Existing clients could move to FTMO's own platform with an incentive, or request a full refund.
The old sign up page now redirects to OANDA's regular CFD site, and new evaluations are no longer sold under the OANDA name. OANDA's core brokerage still runs under entities such as OANDA Global Markets Ltd in the British Virgin Islands, now inside the FTMO Group. Traders who want this kind of funded account today apply through FTMO.
Max Leverage
N/A, simulated funded accounts under fixed program rules
Spreads From
N/A, this was a funded account program, not a spread based broker
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
