OANDA to Transfer Prop Trading Business to FTMO by End-March

OANDA has announced that it will transfer its proprietary trading division, OANDA Prop Trader, to FTMO Group, marking a formal separation between its regulated brokerage operations and its evaluation-based proprietary trading model. FTMO completed its acquisition of OANDA last year. The migration process began on March 2, 2026, and is scheduled to be finalized by March 31.

Under the arrangement, existing OANDA Prop Trader clients will be directed to FTMO’s standalone platform and offered migration incentives. Traders who choose not to transfer and meet eligibility criteria may apply for a refund. 

By the end of the transition period, all affected accounts will either be migrated or closed. Once transferred, accounts will be subject to FTMO’s standard rules, including defined profit targets, daily loss limits, account scaling conditions, and profit-sharing policies.

The move is part of a broader integration effort aimed at consolidating all proprietary trading activities under FTMO’s infrastructure. Starting April 1, 2026, OANDA will no longer operate any proprietary trading programs and will focus exclusively on its core retail and institutional brokerage business.

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Founded in 1996, OANDA operates in major markets including the United Kingdom, the United States, Australia, and Canada. In 2018, the company was acquired by CVC Capital Partners Asia for approximately $160 million.