OANDA Announces Launch of Labs Trader Program

On January 22, 2024, OANDA Global Corporation, one of the world's leading online trading groups, announced that it has launched OANDA Labs Trader, a trading program centered on profit sharing.

OANDA Labs Trader is available to residents of countries served by OANDA’s Global Markets, a division authorized and regulated by the Financial Services Commission of the British Virgin Islands (BVI FSC).

The program is designed to provide a unique opportunity for talented private investors and self-directed traders to become signal providers for OANDA's proprietary trading business on a profit-sharing basis.

To unlock the profit share as an OANDA Labs Trader, traders must first pass an assessment through a trading Challenge, a demo environment that gives them the chance to test out their strategies and skills with virtual funds.

Commenting on this launch, Kurt vom Scheidt, Chief Operating Officer of OANDA, said: "Our vision is centred on enabling smarter trading for clients. Through this program, the most capable traders are empowered with streamlined access to global financial markets across a range of asset classes. In addition to the share they can earn on their profitable trading of virtual funds, traders will receive the necessary tools, such as educational materials and exclusive data-driven features and widgets, to set them up for successful trading.  We look forward to growing our proprietary trading activity by incorporating valuable signals from Labs Traders as inputs into our trading models."