OANDA enhances trading conditions for prop traders
OANDA enhances trading conditions for prop traders
In a strategic move to bolster its position in the competitive financial markets, OANDA has announced a series of improvements to its trading conditions for prop traders.
These enhancements are designed to provide professional traders with a more advantageous trading environment, reflecting OANDA's commitment to meeting the evolving needs of its clients.
OANDA, a global leader in online multi-asset trading services, has long been recognized for its robust trading platform and customer-centric approach. The latest improvements to its prop trading conditions aim to enhance liquidity, reduce trading costs, and offer more flexible trading opportunities, thereby attracting a wider array of professional traders.
Benefits of the new trading conditions:
- The profit target for the first stage of assessment is 8%.
- There is no minimum number of trading days to qualify.
- Profit sharing of 80% after registration as an OANDA proprietary trader.
- Leverage 100:1.
- Prop traders receive their share of profits and call commission refund on the first payout to their OANDA Global Markets account.
“We’re constantly listening to our prop traders and reviewing our offering. Next, we plan to introduce new and exciting Challenges to cater to a variety of trading styles and appetites for risk,” said Dana Catterina, an OANDA spokesperson.
The improved trading conditions also include enhanced execution speeds and reduced slippage, ensuring that trades are executed at the desired price levels more consistently. This is particularly important for prop traders who rely on precise execution to implement their trading strategies effectively. OANDA’s advanced trading infrastructure and technology play a crucial role in delivering these improvements, providing a seamless and reliable trading experience.
The improvements to OANDA's Prop Trader terms come amid recent turmoil in the prop firm industry. To learn more about OANDA Prop Trader features, visit the broker's website.
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