It’s time to put your trading skills to the test. Take the Challenge to unlock a 75% profit share as an OANDA Labs Trader.
Which Challenge will you choose? You can start with $25,000 of virtual funds or if you’re skilled enough, you can trade with up to $500,000. You’ll face two Challenge Phases, with different objectives. It’s time to put your skills to the test.
Whichever Challenge you choose, you’ll need to hit a profit target of 10% in Phase 1, and a profit target of 5% in Phase 2. Each Challenge Phase has the same daily loss limit of 5% and a maximum drawdown of 10%. The maximum leverage is 50:1 across all Challenges.
The Labs Trader Challenges are available on MT5 and MT4 – and if you don’t quite hit your targets, we also offer a 20% discount to retry any Challenge.
Challenge levels up to $500,000
Put your skills to the test. Choose your Challenge and test your prop trading strategies with up to $500,000 in virtual funds.
Access All Assets
FX? CFDs: commodities, precious metals, indices? Your call. We’ll give you access to virtually trade a wide range of assets, with pricing from our unmatched market relationships and trading infrastructure.
75% profit share
Pass the Challenge and unlock an OANDA Labs Trader account – with a chance to earn a 75% share of the profits.
Trade on your ambitions with 10x your stake in virtual trading capital
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You’re not the only one bringing expertise to the table. With 25 years of experience in trading on the global stage, we’re a firmly established entity with a track record for constant innovation and an eye for the most talented traders.
Does that sound like you?
The OANDA Labs Trader Program lets traders with limited capital trade with an OANDA Labs Trader account and share in the P&L they produce. OANDA’s proprietary trading models use the trading signals produced by OANDA Labs Traders to make decisions about placing trades in the market. OANDA’s proprietary capital is at risk, so OANDA asks potential OANDA Labs Traders to complete a Challenge to qualify for the program and demonstrate an ability to generate profits and manage risk. Although the capital provided in the OANDA Labs Trader account is virtual, traders are entitled to a 75% share of any profits that they make. OANDA Labs Traders are given access to our technology and market relationships to help them use their trading skills to generate profits.
The OANDA Labs Challenge is a demo environment that gives traders the chance to test out their strategies and skills.
Anyone aged 18 and over from our approved list of countries can take a Challenge and qualify to be an OANDA Labs Trader. To qualify, we ask potential traders to pass a two-phase Challenge using a demo account. In the Challenge, traders will have to trade following a set of rules and also meet a number of objectives.
If you pass the Challenge, the second step is a verification stage, where we’ll ask you to provide your ID and proof of address, and conduct a liveness check. You will also need to open a trading account with OANDA Global Markets, which is where the P&L share will be paid.
For more information, please refer to the terms and conditions.