FTMO founders Otakar Šuffner and Marek Vašíček have taken on co‑CEO roles at OANDA following discussions with Gavin Bambury, who will step down from the position. FTMO described Bambury’s leadership as “outstanding” and said the foundations he helped build “played a key role in OANDA’s successes and made the company an attractive acquisition target for FTMO.”

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The leadership change follows FTMO’s acquisition of OANDA. The companies said the deal and leadership arrangements were part of discussions about their future direction.

OANDA, FTMO Continue Independent Organizational Structures

FTMO and OANDA will continue to operate as separate entities. Both firms stated that all other operations and teams in each country “remain otherwise unchanged.” The leadership change does not alter the broader operational structure of either company.

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OANDA, founded in 1996, is an online forex and CFD broker with operations in multiple countries. FTMO, established in 2015, is known primarily for its proprietary trading programs and global trading community.

OANDA Prop Trader Moves to FTMO

OANDA’s proprietary trading business, OANDA Prop Trader, will transition into the FTMO Group. The migration began on March 2, 2026, and clients moving to FTMO’s platform will gain access to its trading infrastructure.

Those who choose not to migrate will receive full refunds where applicable, and selected clients will receive additional incentives. The transition allows OANDA to focus on its core brokerage operations while providing Prop Trader clients with a dedicated trading environment.

OANDA offers multi-asset trading for retail and corporate clients and operates in major financial centers including New York, London, and Tokyo. Under CVC ownership since 2018, the company expanded its product offerings and trading infrastructure. FTMO is primarily known for its proprietary trading programs and global trading community.

FTMO recently expanded into the Indian market, where interest in prop trading has been increasing. Several prop trading firms, including FundingPips, The5ers, FundedNext, and Maven, report that India accounts for a substantial portion of their web traffic, representing roughly 40 per cent of organic traffic among the top 50 prop firms. Interest in prop trading has grown since 2023, particularly among individuals aged 18 to 30.