News · Analysis
FTMO Paid $422 Million for OANDA, Filings Show
FTMO's 2025 annual filings, reported by Finance Magnates on 8 September 2026, show the prop trading firm paid 8.79 billion Czech koruna — converted by Finance Magnates at today's exchange rate to roughly $422 million — to acquire OANDA from private equity owner CVC. The deal, agreed early last year and closed on 1 December 2025, values OANDA at more than double the $160 million CVC paid for it in 2018. The filings also show FTMO's parent, OHM, grew consolidated revenue 30 per cent to 8.9 billion koruna in 2025, with the OANDA tie-up helping the United States become FTMO's second-largest market.
The scale of one of retail trading's most closely watched acquisitions has now been disclosed in financial statements rather than estimates. According to FTMO's 2025 annual filings, cited by Finance Magnates on 8 September 2026, the prop trading firm paid 8.79 billion Czech koruna to buy OANDA from CVC, the private equity group that had owned the broker since 2018.
What happened
Finance Magnates converted the 8.79 billion koruna figure to approximately $422 million using today's exchange rate, noting that the precise dollar value at the time the deal actually closed — 1 December 2025 — may have differed. The koruna figure itself is the amount disclosed in FTMO's official filings, according to the outlet. CVC had acquired OANDA in 2018 for $160 million, meaning FTMO paid substantially more than the previous transaction value, though the two figures reflect different points in time and currency conditions.
Finance Magnates had earlier reported that FTMO's parent company secured a $250 million line of credit from a syndicate of Czech banks led by UniCredit in November, to help fund the acquisition. Czech outlet e15 had separately cited a source estimating the deal would run to "hundreds of millions of dollars and, in terms of crowns, higher units of billions of crowns", according to Finance Magnates' reporting — an estimate the filings now appear to confirm in order of magnitude.
Why it matters
The disclosure gives the industry its first officially sourced figure for a deal that reshaped the ownership structure of a long-established retail broker. OANDA, founded decades before the current wave of proprietary trading firms, has now been absorbed into a group whose core business is challenge-based funded trading accounts. FTMO's parent, OHM, closed 2025 with consolidated revenue of 8.9 billion koruna (about $427 million), up 30 per cent year-on-year according to the filings, with paid orders rising nearly 50 per cent to 1.27 million. Returning clients now account for close to 80 per cent of total revenue, the filings show, indicating a business increasingly built on repeat custom rather than one-off sign-ups.
What it means for traders
For traders, the most tangible consequence has been market access. Finance Magnates reports that the United States is now FTMO's second-largest market, behind only the United Kingdom, following its partnership with OANDA — struck even before the acquisition formally closed — after FTMO's earlier exit from the US market in early 2024. That partnership has also made FTMO the only prop firm in the US able to offer the MetaTrader 5 platform, a capability derived from OANDA's existing US licensing, according to the report. Prospective users should weigh such structural changes, and the funding behind them, alongside the usual due diligence on any funded-trading provider. Readers comparing providers in this space may find our Best Prop Trading Firm winners a useful starting point, alongside our methodology for how such assessments are conducted.
What to watch
Attention now turns to integration. FTMO's balance sheet, per the filings, expanded to total consolidated assets of 30.7 billion koruna (about $1.47 billion) as of 31 December 2025, reflecting both organic growth and the consolidation of OANDA's asset base. Consolidated equity stood at 13 billion koruna (about $625 million) at year-end. How that combined entity manages regulatory obligations across jurisdictions, and whether the debt taken on to fund the deal affects future strategy, will be worth monitoring as further disclosures emerge.
FAQ
How much did FTMO pay for OANDA? FTMO's 2025 annual filings show a payment of 8.79 billion Czech koruna, which Finance Magnates converted to approximately $422 million at today's exchange rate, reported on 8 September 2026.
When did the deal close? According to Finance Magnates, the acquisition was agreed early last year and closed on 1 December 2025.
What did CVC pay for OANDA originally? CVC, the private equity firm that sold OANDA to FTMO, had bought the broker in 2018 for $160 million, according to the report.