OANDA Prop Trader
Discontinued. OANDA announced on 2 March 2026 that the programme was transitioning into FTMO Group, and the dashboard, login and support closed permanently on 30 April 2026. Its domain now redirects to ftmo.com.
The reason it matters: FTMO acquired OANDA in 2025, which makes FTMO the owner of OANDA Corporation — a CFTC/NFA-registered futures commission merchant (NFA 0325821). While it ran, the entity traders actually contracted with was OANDA Assessments Limited in Malta, which states in its own terms that it "does not hold any license to provide regulated financial services".
Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.
Disqualified for
The firm has closed
It stopped operating, and the date is on the row. Kept in the register rather than deleted so that somebody searching the name lands on when it closed instead of on an archived sales page. This is not a judgement of how it treated traders while it ran — several of these paid out to the end and shut down when a platform licence was withdrawn.
What they published
This address no longer answers. What came back is saved with the page.
“The virtual trading accounts infrastructure is maintained by OANDA Global Markets Limited and the Company does not hold any license to provide regulated financial services.”Scorecard
11Trails, but only freezes far above your starting balance
No entity named, or the licence belongs to someone else
Workable, but a cap or a waiting period bites
Every page we read agreed with every other
Under a year, or too few reviews to mean anything
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
The score is published anyway, because it is the honest picture: a firm can be strong on four axes and still be disqualified on one mechanism. A disqualifier is not a low grade — it is a rule we will not trade under at any price.
Trustpilot
We read its rules and scored it, but did not price every plan it sells individually.