Orion Funded Review
Orion Funded is a simulated trading evaluation firm run by Orion Global FZCO in Dubai, which says it has operated since 2023 and served more than 150,000 clients. It sells instant funding plus 1 Step and 2 Step challenges from $49, traded on MT5 and Match Trader.
Markets
Platforms
-
MT5
-
Match Trader
- Programs across Instant Funding, 1 Step and 2 Step
- 9
- Cheapest challenge
- $49
- Max. allocation
- $200K
- Daily loss limit
- 3% to 5%
Programs and Prices
9 programs, with the price at every account size.
Instant Funding
1 program, 5K to 100K1 Step Evaluation
6 programs, 5K to 200K| Program | 5K | 10K | 25K | 50K | 100K | 200K | Trade |
|---|---|---|---|---|---|---|---|
| Orion Nova $5K (USD 7 registration fee plus USD 69 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | $76 | Not offered | Not offered | Not offered | Not offered | Not offered | Trade now |
| Orion Nova $10K (USD 7 registration fee plus USD 109 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | Not offered | $116 | Not offered | Not offered | Not offered | Not offered | Trade now |
| Orion Nova $25K (USD 7 registration fee plus USD 209 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | Not offered | Not offered | $216 | Not offered | Not offered | Not offered | Trade now |
| Orion Nova $50K (USD 7 registration fee plus USD 349 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | Not offered | Not offered | Not offered | $356 | Not offered | Not offered | Trade now |
| Orion Nova $100K (USD 7 registration fee plus USD 669 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | Not offered | Not offered | Not offered | Not offered | $676 | Not offered | Trade now |
| Orion Nova $200K (USD 7 registration fee plus USD 1,099 activation fee after passing) 80% split, 4% target, 4% daily loss, 8% evaluation, 5% funded, trailing lock max loss | Not offered | Not offered | Not offered | Not offered | Not offered | $1,106 | Trade now |
2 Step Evaluation
2 programs, 5K to 200K| Program | 5K | 10K | 25K | 50K | 100K | 200K | Trade |
|---|---|---|---|---|---|---|---|
| Orion Standard 80% split, 6% phase 1, 6% phase 2 target, 3% daily loss, 6% static max loss | $49 | $99 | $209 | $329 | $629 | $1,149 | Trade now |
| Orion Swing 80% split, 8% phase 1, 5% phase 2 target, 5% daily loss, 8% static max loss | $49 | $99 | $209 | $329 | $629 | $1,149 | Trade now |
Rules at a Glance
Daily and maximum loss limits for each program, as the firm sets them. The full rules below say how each limit is measured and what happens if one is broken.
| Program | Type | Account sizes | Profit split | Profit target | Daily loss limit | Max loss limit | From |
|---|---|---|---|---|---|---|---|
| Orion Zero | Instant Funding | 5K to 100K | 80% | None | 3% | 6% trailing lock | $199 |
| Orion Nova $5K (USD 7 registration fee plus USD 69 activation fee after passing) | 1 Step | 5K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $76 |
| Orion Nova $10K (USD 7 registration fee plus USD 109 activation fee after passing) | 1 Step | 10K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $116 |
| Orion Nova $25K (USD 7 registration fee plus USD 209 activation fee after passing) | 1 Step | 25K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $216 |
| Orion Nova $50K (USD 7 registration fee plus USD 349 activation fee after passing) | 1 Step | 50K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $356 |
| Orion Nova $100K (USD 7 registration fee plus USD 669 activation fee after passing) | 1 Step | 100K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $676 |
| Orion Nova $200K (USD 7 registration fee plus USD 1,099 activation fee after passing) | 1 Step | 200K | 80% | 4% | 4% | 8% evaluation, 5% funded, trailing lock | $1,106 |
| Orion Standard | 2 Step | 5K to 200K | 80% | 6% phase 1, 6% phase 2 | 3% | 6% static | $49 |
| Orion Swing | 2 Step | 5K to 200K | 80% | 8% phase 1, 5% phase 2 | 5% | 8% static | $49 |
Orion Funded rules in full
Max DD Type
Static for Orion Standard (6%) and Orion Swing (8%), fixed from the initial balance. Trailing lock for Orion Zero (6%) and Orion Nova (8% in evaluation, 5% funded): the floor follows the balance upward and locks at the funded starting balance once the first payout is approved.
Daily DD Type
3% on Zero and Standard, 5% on Swing, 4% in the Nova evaluation and 3% on funded Nova. Measured from the greater of the previous day's closing balance or closing equity, resets at midnight UTC, and counts floating losses, swaps and commissions.
News Trading
No timing restrictions during any evaluation, but news trading used as a strategy is prohibited on all programs. Funded Nova and Standard accounts may not open, close or modify trades from 2 minutes before to 2 minutes after a high impact event. Funded Swing accounts have no restriction. Orion Zero allows it, but trades opened or closed within 5 minutes of a high impact event are rewarded at 50% instead of 80%.
EAs/Copy
EAs are permitted only for risk and trade management (stop loss, take profit, break even, trailing stops, partial closes, position sizing, drawdown protection). Third party EAs, signal generating or autonomous bots, HFT, tick scalping and automated copy trading are prohibited, and automation above 2,000 server requests a day is not allowed. Copy trading is allowed only between accounts owned by the same person; external copy services are prohibited.
Holding Restrictions
Overnight and weekend holding allowed on every program in evaluation and funded stages. Opening trades specifically to capture price gaps is prohibited.
Consistency Rule
Best Day Rule of 20% on Orion Zero and on funded Orion Nova accounts: the best single day may not exceed 20% of total profit in the reward cycle before a reward can be requested. No Best Day Rule on Standard, Swing or the Nova evaluation.
Minimum Trading Days
4 trading days in each evaluation for Standard and Swing; none for Zero and Nova; none on any funded account
Time Limit
Unlimited on all programs; accounts with no trades for 30 consecutive calendar days expire
Leverage
Zero, Nova and Standard: forex 1:100, indices 1:50, metals 1:30. Swing: forex 1:30, indices 1:15, metals 1:9. Commodities 1:3.3 and stocks and crypto 1:1 on all programs. Leverage is preset and cannot be changed by the trader.
Commissions
$4 per lot on forex, metals and commodities; no commission on indices, stocks and cryptocurrencies
Scaling rules
Scaling Plan
Available on all funded programs. Qualifying requires a 15% return over a rolling three month period, at least two of three months positive and at least three reward requests. Each qualifying cycle adds 25% to the account balance and moves the split to 90%, up to a maximum allocation of $4,000,000.
Orion Funded review
Orion Funded is a simulated trading evaluation firm run by Orion Global FZCO in Dubai, which says it has operated since 2023 and served more than 150,000 clients. Traders use MetaTrader 5 or Match Trader to trade forex, indices, metals, commodities, stocks and cryptocurrencies. There are four program families. Orion Zero is an instant funding account from $5,000 to $100,000 with a 3% daily loss limit and a 6% trailing drawdown. Orion Nova is a one step evaluation with a 4% target that costs $7 to start, with the activation fee due only after the trader passes. Orion Standard is a two step challenge with a 6% target in each phase, a 3% daily limit and a 6% static drawdown, and its Swing version uses targets of 8% and 5%, a 5% daily limit and an 8% static drawdown. Standard and Swing need four trading days in evaluation, and no program has a time limit. Funded accounts pay an 80% reward split every 14 days through Rise Pay, rising to 90% under the scaling plan, and the program fee is refunded on the fourth successful reward.
Suits
Disciplined manual traders who want a low cost evaluation with no time limit and rewards every 14 days.
Less suited to
You rely on automated strategies, grid trading or trading around high impact news on a funded account.
Pros
- Instant, one step, two step and three step formats let traders match the program to their style.
- No program has a time limit, and Standard and Swing need only four trading days in evaluation.
- Rewards can be requested every 14 days, backed by a written 48 hour processing guarantee.
- The program fee is refunded after the fourth successful reward on every standard program.
- The scaling plan raises the split to 90% and adds 25% to the balance for each qualifying three month cycle.
Cons
- Expert advisors are limited to risk and trade management, so fully automated strategies are not allowed.
- Orion Zero and funded Nova accounts apply a 20% Best Day Rule and hold back the first 3% of profit as a buffer.
- Funded Nova and Standard accounts cannot trade within two minutes of high impact news.
- Accounts expire after 30 consecutive days without a trade.
- Residents of the United Arab Emirates, Indonesia, Vietnam, Bangladesh and several other countries cannot join.
Verdict
Orion Funded gives traders a wide choice of structures at several price points, and its rules are set out in detail across the help centre and the general terms. Standard suits intraday traders who can work within a 3% daily limit, while Swing accepts lower leverage in exchange for wider limits and no news restriction once funded. Nova cuts the upfront outlay to $7, but the funded account tightens to a 3% daily limit and a 5% trailing drawdown, and a 20% Best Day Rule must be met before each reward request. Zero is the most expensive option for each dollar of capital and carries the same Best Day Rule, a 3% profit buffer and a reduced 50% split on trades close to high impact news. The payout terms are a clear positive. Rewards run every 14 days, with the first request available once the first 14 days have passed, and Orion commits in its terms to processing approved rewards within 48 hours or paying the full reward and refunding the fee, subject to stated exclusions. The trading restrictions deserve careful reading: EAs are limited to risk management functions, grid trading with four or more positions in one asset is banned, and accounts expire after 30 days without a trade. The firm suits disciplined manual traders who want low entry costs and no deadlines, and it suits algorithmic or news focused traders less well.
Trader Reviews
What members who bought an Orion Funded challenge say about it. Our own review above is separate, and these never change our rating.
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Discussions
Threads in our forums about Orion Funded, newest first. Members' posts, not our view.
Payouts
Profit Split
80% on all programs, rising to 90% after qualifying for the scaling plan
Frequency
Every 14 calendar days
First Payout
The first reward can be requested only after the first 14 day period has passed, even if the account is already in profit, and the minimum request is $100. On Zero and Nova funded accounts the first 3% of profit is a buffer that cannot be withdrawn. Approved rewards carry a 48 hour processing guarantee (full reward plus program fee refund if missed, subject to listed exclusions). Program fee refunded on the fourth successful reward.
Payout Methods
Rise Pay (local currency or crypto)
Firm Details
- Country
- AE
- In operation
- 3 years
- Trustpilot
- 4.5 out of 5
- Platforms
- MT5, Match Trader
- Markets
- FX, Indices, Metals, Other Commodities, Stocks, Crypto
- Payment methods
- Payment card, Bank transfer, Other methods shown at checkout
- Payout methods
- Rise Pay (local currency or crypto)
- Support
- Live chat around the clock and email, plus requests from the Client Section; the site states support in more than 20 languages and a 30 day target for resolving formal complaints
Questions about Orion Funded
Is Orion Funded legit?
Orion Funded is operated by Orion Global FZCO, a company registered in Dubai, and says it has served more than 150,000 clients since 2023. All accounts are demo accounts with simulated capital, and rewards are paid in real money through Rise Pay. Its Trustpilot page showed a 4.5 rating from 2,044 reviews in September 2026. Traders should still read the general terms, especially the prohibited practices, before buying.
What is the Orion Funded profit split?
Every Orion program starts funded traders on an 80% reward split of simulated profit. Traders who qualify for the scaling plan, by making a 15% return over a rolling three months with at least two positive months and three rewards, move to a 90% split and a 25% larger balance. On Orion Zero, trades opened or closed within five minutes of high impact news earn a 50% split instead.
Does Orion Funded allow news trading?
During evaluations there are no timing restrictions around news releases, although using news trading as a strategy is prohibited on every program. On funded accounts, Nova and Standard block opening, closing or modifying trades from two minutes before to two minutes after a high impact event. Swing has no news restriction once funded, and Zero allows it but pays a 50% split on trades near the release.
How much does an Orion Funded challenge cost?
Listed prices depend on the program and account size. A $100,000 account costs $629 on Standard or Swing and $1,149 on Zero. Nova costs $7 to start, with a $669 activation fee due within 30 days of passing at the $100,000 size. The smallest option is a $5,000 Standard or Swing challenge at $49, and fees can be paid in US dollars or euros.
What platforms does Orion Funded use?
Orion Funded accounts run on MetaTrader 5 and Match Trader. MetaTrader 5 is available on Windows, iOS and Android, while Match Trader runs in a web browser and on mobile apps. Traders can access forex, indices, metals, commodities, stocks and cryptocurrencies, and can ask support for read only investor access to a demo account to check spreads and conditions before buying.
How often does Orion Funded pay out?
Funded traders can request a reward every 14 calendar days. The first request is available only after the first 14 days have passed, even if the account is already in profit, and the minimum request is $100. Orion says approved rewards are processed within 48 hours, and if it misses that deadline the trader receives the full reward plus a refund of the program fee, subject to exclusions such as weekends and compliance reviews.
Found something out of date? We checked Orion Funded’s rules and prices on 28 September 2026. Firms change them often, so tell us if we’ve missed something. Report it
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