- OANDA extends its Prop Trader program to South Africa, allowing traders to become signal providers on a profit-sharing basis.
- Successful Prop Trader participants can earn up to 90% profits, paying for the Challenge using credit cards, debit cards, or cryptocurrencies.
OANDA, a leading global provider of online trading services, has expanded its Prop Trader program to South Africa, providing an exciting avenue for local traders to demonstrate their skills and earn a share of the profits.
This unique program allows traders to become signal providers for OANDA’s proprietary trading business, with potential earnings of up to 90% of generated profits.
This expansion is significant as it provides skilled traders with limited capital greater access to financial markets. OANDA Global Markets division, regulated by the Financial Services Commission of the British Virgin Islands, ensures compliance and reliability.
According to OANDA Head of Emerging Markets, the prop firm industry holds potential to surpass the traditional FX/CFD industry due to its accessibility and lower barriers to entry, such as upfront fixed fees and limited downside risk.
