Proprietary trading firm FTMO completed its acquisition of retail forex broker OANDA for over 8.79 billion Czech koruna (approximately $422 million), according to corporate filings released for 2025. The transaction, which closed on December 1, 2025, was supported by a $250 million bank credit facility led by UniCredit. The deal expands FTMO's direct presence in the United States, establishing the American market as the firm's second-largest revenue generator.
Key takeaways
- FTMO paid 8.79 billion Czech koruna ($422 million) to acquire retail broker OANDA from private equity seller CVC Capital Partners on December 1, 2025.
- Parent entity OHM reported 2025 consolidated revenue of 8.9 billion Czech koruna ($427 million), representing a 30 percent year-over-year increase.
- Paid evaluation orders rose nearly 50 percent to 1.27 million in 2025, with returning clients accounting for close to 80 percent of total revenue.
- The OANDA transaction positions the United States as FTMO's second-biggest market through direct regulatory and brokerage infrastructure.
What happened: Financial filings reveal the $422 million price tag
Official corporate filings confirm that FTMO's parent company, OHM, agreed early last year to acquire OANDA from private equity firm CVC Capital Partners. CVC originally bought OANDA in 2018 for an estimated $160 million to $175 million. The deal officially closed on December 1, 2025, at a valuation of 8.79 billion Czech koruna, or approximately $422 million based on prevailing exchange rates. Finance Magnates previously reported that FTMO secured a $250 million line of credit in November 2025 from a Czech banking syndicate led by UniCredit to complete the transaction.
Alongside the purchase price, OHM disclosed its consolidated financial results for 2025. Consolidated revenue reached 8.9 billion Czech koruna ($427 million), driven primarily by core evaluation activities. Paid challenge orders increased nearly 50 percent year-over-year to 1.27 million orders. Notably, repeat customers accounted for almost 80 percent of overall revenues, creating a recurring income base as average customer spend expanded.
| Metric | 2025 Value | Year-over-Year Change |
|---|---|---|
| Consolidated Group Revenue | 8.9 billion CZK (~$427M) | +30% |
| OANDA Purchase Price | 8.79 billion CZK (~$422M) | N/A |
| Total Paid Orders | 1.27 million | +50% |
| Bank Credit Line (UniCredit) | $250 million | N/A |
| Returning Client Revenue Share | ~80% | Increased |
Why it matters for funded traders
For retail traders evaluating FTMO alternatives or managing funded accounts, this financial disclosure offers critical insights into prop firm solvency, infrastructure, and geographical reach.
1. Balance sheet transparency and payout security: The prop trading industry has faced scrutiny regarding firm liquidity and operational sustainability. FTMO's ability to secure a $250 million institutional credit line from major commercial banks like UniCredit demonstrates bank-grade financial vetting. Generating $427 million in annual revenue with an 80 percent returning customer rate places FTMO in a distinct financial tier compared to uncapitalized challenge providers.
2. Structural integration of brokerage and prop models: By acquiring a licensed broker, FTMO bridges the gap between simulated prop evaluations and underlying brokerage operations. Owning OANDA gives FTMO proprietary control over execution infrastructure, risk routing, and spreads without relying entirely on third-party broker arrangements. This structural foundation directly supports ongoing developments like FTMO's TradingView integration and its broader expansion plans.
3. US market expansion: Following regulatory pressure across the prop industry regarding US retail clients, owning an established entity like OANDA provides FTMO with a direct path forward in the American market. The United States has officially become FTMO's second-largest market, giving US-based traders greater continuity and long-term stability.
4. Maturation of funded account models: A $422 million buyout signals that top-tier prop firms are transitioning into diversified financial holding companies. As FTMO extends its footprint across asset classes, including FTMO's futures expansion, traders gain access to institutional-grade backing that reduces single-point execution risks.
What to watch next in prop firm consolidation
Traders should monitor how FTMO integrates OANDA's regulatory permissions and trading architecture into its core evaluation dashboard over the coming sessions. Key catalysts to track include:
- Platform and spread alignment: Whether FTMO introduces unified spread structures or direct OANDA account routing for challenge passing and funded accounts.
- US account availability: Potential updates to account terms, onboarding verification, or instrument availability for US resident traders.
- Competitor responses: How competing evaluation firms adjust pricing, profit split scaling, or broker partnerships to counter FTMO's vertical integration.
Frequently asked questions
How much did FTMO pay to acquire OANDA?
According to official 2025 corporate financial filings, FTMO paid over 8.79 billion Czech koruna, which equals approximately $422 million at prevailing exchange rates. The acquisition deal officially closed on December 1, 2025, following regulatory approvals and financing arrangements.
How did FTMO fund the $422 million purchase of OANDA?
FTMO's parent entity, OHM, funded the acquisition through a combination of robust internal trading revenue—reporting $427 million in consolidated 2025 revenue—and a $250 million institutional credit facility secured from a Czech banking syndicate led by UniCredit.
Why is the OANDA acquisition important for US traders?
OANDA provides established regulatory infrastructure and extensive brand presence across North America. The acquisition helped establish the United States as FTMO's second-largest market, providing enhanced regulatory stability, broker execution, and long-term continuity for US-based funded traders.
Trading carries a substantial risk of loss; past performance and prior market reactions do not guarantee future results. This is market commentary, not advice.
