
Forex prop firm
Orion Funded Review
- Max profit split
- 80%
- Challenges from
- $49
- Largest account
- $200K
- Payouts
- bi-weekly
- First payout
- within 24 hours
The New Standard for Funded Traders.
How Orion Funded compares
Strengths
- Challenges start from $7 — cheaper than the typical entry among the 19 forex firms we track.
- A 5% daily loss limit gives more intraday room than the 3% typical of the 19 forex firms we track.
Orion Funded suits traders who value a lower entry price and more daily-loss headroom.
Ratings
Ratings aggregated from public trader review scores, verified 2026-08.
About Orion Funded
Orion Funded offers evaluation and funded trading programs with account sizes up to $200,000. Traders can participate in the Orion Challenge, which allows them to earn performance rewards. The platform supports trading via MT5.
Platforms
Markets
Challenges & pricing
Orion Funded's cheapest plan is a $10,000 1-step account at $7; the largest funded account is $200,000 (from $7). In total Orion Funded lists 27 plan configurations across 5 account models, with profit splits up to 80%.
Orion Funded's Orion Standard runs from a $5,000 2-step account at $49 up to $200,000 at $1,149, with a profit target of 12%, a max loss of 6%, a daily loss limit of 3% and a profit split of 80%.
About the Orion Standard program
Rules that apply to every account size above.
| Evaluation | |
|---|---|
| Min trading days | 4 trading days during evaluation; none funded |
| Funded account | |
| Funded drawdown | 6% static maximum drawdown; 3% daily loss |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 allocated capital across all accounts |
| Scaling plan | Reviewed every 3 months; requires 15% return, 2 of 3 positive months and 3 reward requests; balance +25%, split rises to 90% |
| Payouts | |
| Payout frequency | Every 14 calendar days |
| First payout | No initial wait; request once profitable with no open positions |
| Processing time | Within 48 hours after approval, subject to documented pause exclusions |
| Min days to payout | 0 days |
| Refund policy | 14-day withdrawal right before the first simulated trade; eligible fee refunded within 30 days. Original fee returned after the 4th successful withdrawal |
| Trading rules | |
| Weekend holding | Allowed |
| Overnight holding | Allowed |
| Hedging | Opposing positions allowed within one account; manipulative opposing positions across connected or other-provider accounts prohibited |
| Expert advisors | Not categorically banned; over 2,000 server requests/day and abusive or manipulative automation are prohibited |
| Other restrictions | Evaluation news timing unrestricted; funded has a 2-minute pre/post high-impact-news blackout. General forbidden-practice rules apply |
| Commission / lot | $4/lot on forex, metals and commodities; no commission on indices, stocks or crypto |
| Access | |
| Platforms | MetaTrader 5 (MT5), MatchTrader |
| Payout methods | Rise Pay |
Orion Funded's Orion Standard (Swing) runs from a $5,000 2-step account at $49 up to $100,000 at $629, with a profit target of 13%, a max loss of 8%, a daily loss limit of 5% and a profit split of 80%.
About the Orion Standard (Swing) program
Rules that apply to every account size above.
| Evaluation | |
|---|---|
| Min trading days | 4 trading days during evaluation; none funded |
| Funded account | |
| Funded drawdown | 8% static maximum drawdown; 5% daily loss |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 allocated capital across all accounts |
| Scaling plan | Reviewed every 3 months; requires 15% return, 2 of 3 positive months and 3 reward requests; balance +25%, split rises to 90% |
| Payouts | |
| Payout frequency | Every 14 calendar days |
| First payout | No initial wait; request once profitable with no open positions |
| Processing time | Within 48 hours after approval, subject to documented pause exclusions |
| Min days to payout | 0 days |
| Refund policy | 14-day withdrawal right before the first simulated trade; eligible fee refunded within 30 days. Original fee returned after the 4th successful withdrawal |
| Trading rules | |
| Weekend holding | Allowed |
| Overnight holding | Allowed |
| Hedging | Opposing positions allowed within one account; manipulative opposing positions across connected or other-provider accounts prohibited |
| Expert advisors | Not categorically banned; over 2,000 server requests/day and abusive or manipulative automation are prohibited |
| Other restrictions | No news-timing restrictions in evaluation or funded stages, although systematic news trading remains prohibited; general forbidden-practice rules apply |
| Commission / lot | $4/lot on forex, metals and commodities; no commission on indices, stocks or crypto |
| Access | |
| Platforms | MetaTrader 5 (MT5), MatchTrader |
| Payout methods | Rise Pay |
Orion Funded's Orion Select runs from a $5,000 3-step account at $59 up to $200,000 at $739, with a profit target of 15%, a max loss of 5%, a daily loss limit of 5% and a profit split of 80%.
About the Orion Select program
Rules that apply to every account size above.
| Evaluation | |
|---|---|
| Min trading days | 4 trading days during evaluation; none funded |
| Funded account | |
| Funded drawdown | 5% static maximum drawdown; 5% daily loss |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 allocated capital across all accounts |
| Scaling plan | Reviewed every 3 months; requires 15% return, 2 of 3 positive months and 3 reward requests; balance +25%, split rises to 90% |
| Payouts | |
| Payout frequency | Every 14 calendar days |
| First payout | No initial wait; request once profitable with no open positions |
| Processing time | Within 48 hours after approval, subject to documented pause exclusions |
| Min days to payout | 0 days |
| Refund policy | 14-day withdrawal right before the first simulated trade; eligible fee refunded within 30 days. Original fee returned after the 4th successful withdrawal |
| Trading rules | |
| Weekend holding | Allowed |
| Overnight holding | Allowed |
| Hedging | Opposing positions allowed within one account; manipulative opposing positions across connected or other-provider accounts prohibited |
| Expert advisors | Not categorically banned; over 2,000 server requests/day and abusive or manipulative automation are prohibited |
| Other restrictions | Evaluation news timing unrestricted; funded has a 2-minute pre/post high-impact-news blackout. News-strategy, gap, feed-exploitation, abusive-HFT and third-party-access rules apply |
| Commission / lot | $4/lot on forex, metals and commodities; no commission on indices, stocks or crypto |
| Access | |
| Platforms | MetaTrader 5 (MT5), MatchTrader |
| Payout methods | Rise Pay |
Orion Funded's Orion Zero runs from a $5,000 instant-funding account at $199 up to $100,000 at $1,149, with a max loss of 6%, a daily loss limit of 3% and a profit split of 80%.
About the Orion Zero program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 80%; 90% after scaling. Trades opened or closed within 5 minutes of high-impact news receive 50% |
| Evaluation | |
| Min trading days | None |
| Funded account | |
| Funded drawdown | 6% Trailing Lock maximum drawdown; 3% daily loss |
| Consistency rule | N/A — no evaluation |
| Consistency rule (funded) | 20% Best Day Rule |
| Max allocation | Up to $4,000,000 allocated capital across all accounts |
| Scaling plan | Reviewed every 3 months; requires 15% return, 2 of 3 positive months and 3 reward requests; balance +25%, split rises to 90% |
| Payouts | |
| Payout frequency | Every 14 calendar days |
| First payout | No initial wait; requires profit above the 3% safety cushion and compliance with the 20% Best Day Rule |
| Processing time | Within 48 hours after approval, subject to documented pause exclusions |
| Min days to payout | 0 days |
| Refund policy | 14-day withdrawal right before the first simulated trade; eligible fee refunded within 30 days. Original fee returned after the 4th successful withdrawal |
| Trading rules | |
| Weekend holding | Allowed |
| Overnight holding | Allowed |
| Hedging | Opposing positions allowed within one account; manipulative opposing positions across connected or other-provider accounts prohibited |
| Expert advisors | Not categorically banned; over 2,000 server requests/day and abusive or manipulative automation are prohibited |
| Other restrictions | Individual news trades permitted, but systematic news trading prohibited; 50% split within 5 minutes of high-impact news. Gap, exploitative execution, abusive automation and third-party access prohibited |
| Commission / lot | $4/lot on forex, metals and commodities; no commission on indices, stocks or crypto |
| Access | |
| Platforms | MetaTrader 5 (MT5), MatchTrader |
| Payout methods | Rise Pay |
Orion Funded's Orion Nova runs from a $10,000 1-step account up to $200,000, each at $7, with a profit target of 4%, a max loss of 8% step 1 · 5% funded, a daily loss limit of 4% step 1 · 3% funded, a profit split of 80% and a one-time activation fee from $109.
About the Orion Nova program
Rules that apply to every account size above.
| Evaluation | |
|---|---|
| Min trading days | None |
| Funded account | |
| Funded drawdown | 5% Trailing Lock maximum drawdown; 3% daily loss |
| Consistency rule | None during evaluation |
| Consistency rule (funded) | 20% Best Day Rule |
| Max allocation | Up to $4,000,000 allocated capital across all accounts |
| Scaling plan | Reviewed every 3 months; requires 15% return, 2 of 3 positive months and 3 reward requests; balance +25%, split rises to 90% |
| Payouts | |
| Payout frequency | Every 14 calendar days |
| First payout | No initial wait; requires profit above the 3% safety cushion and compliance with the 20% Best Day Rule |
| Processing time | Within 48 hours after approval, subject to documented pause exclusions |
| Min days to payout | 0 days |
| Refund policy | 14-day withdrawal right before the first simulated trade; eligible fee refunded within 30 days. Original fee returned after the 4th successful withdrawal |
| Trading rules | |
| Weekend holding | Allowed |
| Overnight holding | Allowed |
| Hedging | Opposing positions allowed within one account; manipulative opposing positions across connected or other-provider accounts prohibited |
| Expert advisors | Not categorically banned; over 2,000 server requests/day and abusive or manipulative automation are prohibited |
| Other restrictions | Evaluation news timing unrestricted, but news trading as a strategy is prohibited. Funded has a 2-minute pre/post high-impact-news blackout; gap trading, feed exploitation, abusive HFT and third-party access prohibited |
| Commission / lot | $4/lot on forex, metals and commodities; no commission on indices, stocks or crypto |
| Access | |
| Platforms | MetaTrader 5 (MT5), MatchTrader |
| Payout methods | Rise Pay |
Recent changes
Reviewed updates to Orion Funded's pricing, account configuration, FAQs and trading rules, tracked in Fine Print.
- Rules
Minimum trading days changed from No mandatory minimum tradi…days during evaluation (0 minimum days (funded))
- Before
- No mandatory minimum trading days required
- After
- 4 trading days during evaluation (0 minimum days (funded))
- Account config
Reward split label changed from "80% Profit Split" to "80% Reward Split".
- Before
- 80%
ProfitSplit - After
- 80% Reward Split
Orion Funded FAQs
Answers sourced from Orion Funded’s own help center.
You can incur a daily loss of up to 5% before your account is closed.
The maximum loss allowed is 10% of the account balance.
A profit target of 90% must be achieved within the assessment period.
Profits are split 70/30 in favor of the trader, with payouts issued monthly.
Drawdown is calculated as an absolute value based on the highest account balance.
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