OANDA Prop Trader lowers phase 1 profit target to 5%
OANDA Prop Trader, the proprietary trading arm of the global broker OANDA, has announced a key adjustment to its trading challenge structure, reducing the profit target for the first phase of its prop trading evaluation from 8% to 5%.
The change is aimed at providing traders with a more accessible entry point into funded trading while maintaining a high level of professionalism and discipline.
Making the challenge more attainable
The OANDA Prop Trader program allows traders to prove their skills in a structured two-phase evaluation process before gaining access to live funded accounts. The first phase previously required an 8% profit target, but this has now been reduced to 5%, aligning it with the second phase target of 5%.
According to the company, this update reflects OANDA’s ongoing commitment to supporting trader development and broadening participation in its proprietary trading ecosystem. The revised challenge aims to create a fairer balance between performance expectations and achievable milestones, encouraging consistency over aggressive risk-taking.
Participants can choose between Classic Challenges—which feature trailing drawdown rules—and standard models that emphasize capital preservation and risk management. Once funded, successful traders can earn up to 80% of the profits generated, a share that places OANDA Prop Trader among the more competitive programs in the industry.
A smarter way to trade
In addition to its prop trading offering, OANDA Prop Trader continues to invest in trader education through OANDA Labs, an online hub offering analytical insights, trading strategies, and educational resources designed to help participants build and refine their trading skills.
The prop trading model has become a fast-growing segment of retail finance, enabling skilled individuals to access institutional-level capital without personal risk exposure beyond their entry fee. With the new adjustment, OANDA Prop Trader appears intent on positioning itself as both an accessible and reliable platform for aspiring professionals.
What’s next
Industry observers expect this move to increase participation rates, especially among newer traders seeking structured growth opportunities. As prop trading continues to evolve, OANDA’s flexible challenge terms could set a new benchmark for transparency and trader support in the sector.
It was earlier reported that Oanda Prop Trader offers 40% off in May Flash Sale.
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