About OANDA Prop Trader
OANDA Prop Trader, based in Malta, was established in January 2024. The firm operates in the CFD space and offers a 2 Steps program for prop traders. It supports the MT5 platform for order execution, charting and account management. Public feedback for the firm is publicly summarized by a review score of 4.3 out of 5 from 52 reviews. Overall, OANDA Prop Trader operates a CFD-focused, two-step prop trading program on MT5 and is represented in public reviews at the score noted above.
Key Information
Quick Stats
Trading Rules
Consistency Rule: 2% Daily Max
EA Details: EAs engaging in price or latency arbitrage, or other prohibited trading behaviors, are strictly forbidden (refer to the applicable terms and conditions).
News Trading Details: No opening or closing of trades within a 4-minute window (2 minutes before and 2 minutes after major news releases) excluding stop loss and take profit orders triggered.
Drawdown Basis: Equity
Drawdown Measurement: Absolute
Funding & Account
Reset Fee: 10% to 20% Discount