OANDA's Prop Trading - Up to 75% Profit Share Awaits!

OANDA ventures into proprietary trading with the launch of OANDA Labs Trader

Forex and CFD brokerage giant, OANDA, makes a strategic move into proprietary trading, unveiling the OANDA Labs Trader platform. Traders can now participate in profit-sharing, with up to 75% returns, as the company introduces its proprietary trading services.

22.01.2024, 08:38
OANDA
97
Min. deposit
-
Max. leverage
1:200
Bonus
Used by
-
Min. Spread
0.8
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC
OANDA ventures into proprietary trading with the launch of OANDA Labs Trader

OANDA has entered the proprietary trading sector with the introduction of OANDA Labs Trader, marking its foray into prop trading services. The brokerage, well-known for its presence in forex and contracts for differences (CFDs), revealed this development today, offering traders a profit-sharing arrangement of up to 75 percent.

97
Min. deposit
-
Min. Spread
0.8
Bonus
Max. leverage
1:200
Used by
-
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC
97
Min. deposit
-
Max. leverage
1:200
Bonus
Used by
-
Min. Spread
0.8
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC

While OANDA holds regulatory oversight in various jurisdictions, the prop trading services are exclusively extended to clients registered under its Global Markets division, duly authorized by regulators in the British Virgin Islands.

Aligning with standard practices in prop trading platforms, prospective traders on OANDA are required to successfully complete an assessment test. The entry fee for this challenge, as specified on the company’s website, ranges from $249 to $2,400. The funding amount is contingent on the challenge tier, ranging from a minimum of $25,000 to a maximum of $500,000.

 

Learn how to trade popular assets with the Top trusted broker OANDA

 

Participants in these challenges are mandated to achieve a profit target of 10 percent during Phase 1 and 5 percent in Phase 2. Additionally, stringent risk management measures include a daily loss limit of 5 percent and a maximum drawdown of 10 percent across all phases of the prop trading program.