The smart choice for smart traders

  • ›

    Trade with confidence on a trusted, broker-backed platform

  • ›

    Maximize your earnings with up to 90% profit share

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    Access up to $500k in funding for your trading

Smart Traders

Award-winning prop firm

Best MT5 Prop Firm Best for Beginners High Leverage

Select your prop trading Challenge

Starting at $35 for our 5k Challenge and up to $2400 for our 500k Challenge.

With up to 100:1 leverage and spreads starting from 0.0 pips, selecting the perfect challenge is simple.

Choose Boost Challenges for static drawdown

Get up to 90% profit share

Phase 1 profit target 10%

Phase 2 profit target 5%

10K

$10k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $99
50K

$50k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $399
100K

$100k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $699

Choose Classic Challenges for trailing drawdown

Get up to 80% profit share

Phase 1 profit target 8%

Phase 2 profit target 5%

10K

$5k virtual funding

  • Trailing drawdown
  • Profit share 80%
  • Phase 1 profit target 8% NOW 5%
  • Phase 2 profit target 5%
  • Daily loss limit (equity based) 5%
  • Fee $35
500k

$500k virtual funding

  • Trailing drawdown
  • Profit share 80%
  • Phase 1 profit target 8%
  • Phase 2 profit target 5%
  • Daily loss limit (equity based) 5%
  • Fee $2,400
100K

Challenge conditions

  • Phase 1 profit target 8%
  • Phase 2 profit target 5%
  • Daily loss limit 5%
  • Maximum drawdown 10%
  • Maximum leverage 100:1

Smart tools for smart traders

With insights from our in-house experts, educational articles and tips to build your trading skills, our blog is an essential resource for smarter traders.

Blog 1

What is Proprietary Trading?

Proprietary trading, commonly known as prop trading, refers to a...

Blog 2

Get insights on the analysis of market dynamics

Analysis of market behavior and insights can elevate your...

Blog 3

How do prop traders get their trading ideas?

From price history to fundamentals, sourcing trading ideas is a...

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Challenge levels up to $500,000

Put your prop trading skills to the test. Choose your Challenge and test your trading strategies with up to $500,000 in virtual funds.

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Access All Assets

CFDs: FX, 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.

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Up to 90% profit share

Pass the Challenge and unlock an OANDA Prop Trader account - with a chance to earn up to a 90% share of the profits.

💰

Fee refund on first payout

Prove your skills as a prop trader. Make a profit and we’ll give you your Challenge fee back along with your first payout.

What is prop trading?

The Prop Trader Challenge is aimed at finding the finest minds...

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The trusted choice for prop trading

Whether your strategy is scalping, swing or automated, we’re the right fit...

Your skills. Our skills. Combined.

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.

Ready to choose your Challenge?

10K

$10k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $99
50K

$50k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $399
100K

$100k virtual funding

  • Static drawdown
  • Profit share up to 90%
  • Phase 1 profit target 10%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $699
$5K

$5k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $35
$10K

$10k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $60
$25K

$25k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $119
$100K

$100k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $599
$188K

$188k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $888
$250K

$250k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $1,200
$500K

$500k virtual funding

  • Trailing drawdown
  • Profit share up to 80%
  • Phase 1 profit target Now 5%
  • Phase 2 profit target 5%
  • Daily loss limit (of initial balance) 5%
  • Fee $2,400

We accept the following methods for buying challenges. Payment options may differ depending on your region and will be reflected at checkout.

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