Forex and CFD 4.5

Orion Funded

Instant funding plus 1 Step, 2 Step and 3 Step challenges from $49, traded on MT5 and Match Trader.

AE 3 years in operation Updated 29 September 2026

Markets

  • FX
  • Indices
  • Metals
  • Other Commodities
  • Stocks
  • Crypto

Platforms

  • MT5
  • Match Trader
Programs across Instant Funding, 1 Step, 2 Step and 3 Step
29
Cheapest challenge
$49
Max. allocation
$200K

Programs and Prices

29 programs, with the price at every account size.

Instant Funding

5 programs, 5K to 100K
Orion Funded Instant Funding, price by account size
Program 5K 10K 25K 50K 100K Trade
Orion Zero $5K 80% split, 3% max loss $199 Not offered Not offered Not offered Not offered Trade now
Orion Zero $10K 80% split, 3% max loss Not offered $349 Not offered Not offered Not offered Trade now
Orion Zero $25K 80% split, 3% max loss Not offered Not offered $499 Not offered Not offered Trade now
Orion Zero $50K 80% split, 3% max loss Not offered Not offered Not offered $799 Not offered Trade now
Orion Zero $100K 80% split, 3% max loss Not offered Not offered Not offered Not offered $1,149 Trade now

1 Step Evaluation

6 programs, 5K to 200K
Orion Funded 1 Step Evaluation, price by account size
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% evaluation, 3% funded 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% evaluation, 3% funded 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% evaluation, 3% funded 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% evaluation, 3% funded 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% evaluation, 3% funded 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% evaluation, 3% funded max loss Not offered Not offered Not offered Not offered Not offered $1,106 Trade now

2 Step Evaluation

12 programs, 5K to 200K
Orion Funded 2 Step Evaluation, price by account size
Program 5K 10K 25K 50K 100K 200K Trade
Orion Standard $5K 80% split, 3% max loss $49 Not offered Not offered Not offered Not offered Not offered Trade now
Orion Swing $5K 80% split, 5% max loss $49 Not offered Not offered Not offered Not offered Not offered Trade now
Orion Standard $10K 80% split, 3% max loss Not offered $99 Not offered Not offered Not offered Not offered Trade now
Orion Swing $10K 80% split, 5% max loss Not offered $99 Not offered Not offered Not offered Not offered Trade now
Orion Standard $25K 80% split, 3% max loss Not offered Not offered $209 Not offered Not offered Not offered Trade now
Orion Swing $25K 80% split, 5% max loss Not offered Not offered $209 Not offered Not offered Not offered Trade now
Orion Standard $50K 80% split, 3% max loss Not offered Not offered Not offered $329 Not offered Not offered Trade now
Orion Swing $50K 80% split, 5% max loss Not offered Not offered Not offered $329 Not offered Not offered Trade now
Orion Standard $100K 80% split, 3% max loss Not offered Not offered Not offered Not offered $629 Not offered Trade now
Orion Swing $100K 80% split, 5% max loss Not offered Not offered Not offered Not offered $629 Not offered Trade now
Orion Standard $200K 80% split, 3% max loss Not offered Not offered Not offered Not offered Not offered $1,149 Trade now
Orion Swing $200K 80% split, 5% max loss Not offered Not offered Not offered Not offered Not offered $1,149 Trade now

3 Step Evaluation

6 programs, 5K to 200K
Orion Funded 3 Step Evaluation, price by account size
Program 5K 10K 25K 50K 100K 200K Trade
Orion Select $5K 80% split, 5% max loss $59 Not offered Not offered Not offered Not offered Not offered Trade now
Orion Select $10K 80% split, 5% max loss Not offered $89 Not offered Not offered Not offered Not offered Trade now
Orion Select $25K 80% split, 5% max loss Not offered Not offered $179 Not offered Not offered Not offered Trade now
Orion Select $50K 80% split, 5% max loss Not offered Not offered Not offered $299 Not offered Not offered Trade now
Orion Select $100K 80% split, 5% max loss Not offered Not offered Not offered Not offered $409 Not offered Trade now
Orion Select $200K 80% split, 5% max loss Not offered Not offered Not offered Not offered Not offered $739 Trade now

Rules at a Glance

Loss limits are a share of the starting balance. Breaking either limit ends the account.

Program Type Account sizes Profit split Daily loss limit Max loss limit From
Orion Zero $5K Instant Funding 5K 80% Not listed 3% $199
Orion Zero $10K Instant Funding 10K 80% Not listed 3% $349
Orion Zero $25K Instant Funding 25K 80% Not listed 3% $499
Orion Zero $50K Instant Funding 50K 80% Not listed 3% $799
Orion Zero $100K Instant Funding 100K 80% Not listed 3% $1,149
Orion Nova $5K (USD 7 registration fee plus USD 69 activation fee after passing) 1 Step 5K 80% Not listed 4% evaluation, 3% funded $76
Orion Nova $10K (USD 7 registration fee plus USD 109 activation fee after passing) 1 Step 10K 80% Not listed 4% evaluation, 3% funded $116
Orion Nova $25K (USD 7 registration fee plus USD 209 activation fee after passing) 1 Step 25K 80% Not listed 4% evaluation, 3% funded $216
Orion Nova $50K (USD 7 registration fee plus USD 349 activation fee after passing) 1 Step 50K 80% Not listed 4% evaluation, 3% funded $356
Orion Nova $100K (USD 7 registration fee plus USD 669 activation fee after passing) 1 Step 100K 80% Not listed 4% evaluation, 3% funded $676
Orion Nova $200K (USD 7 registration fee plus USD 1,099 activation fee after passing) 1 Step 200K 80% Not listed 4% evaluation, 3% funded $1,106
Orion Standard $5K 2 Step 5K 80% Not listed 3% $49
Orion Swing $5K 2 Step 5K 80% Not listed 5% $49
Orion Standard $10K 2 Step 10K 80% Not listed 3% $99
Orion Swing $10K 2 Step 10K 80% Not listed 5% $99
Orion Standard $25K 2 Step 25K 80% Not listed 3% $209
Orion Swing $25K 2 Step 25K 80% Not listed 5% $209
Orion Standard $50K 2 Step 50K 80% Not listed 3% $329
Orion Swing $50K 2 Step 50K 80% Not listed 5% $329
Orion Standard $100K 2 Step 100K 80% Not listed 3% $629
Orion Swing $100K 2 Step 100K 80% Not listed 5% $629
Orion Standard $200K 2 Step 200K 80% Not listed 3% $1,149
Orion Swing $200K 2 Step 200K 80% Not listed 5% $1,149
Orion Select $5K 3 Step 5K 80% Not listed 5% $59
Orion Select $10K 3 Step 10K 80% Not listed 5% $89
Orion Select $25K 3 Step 25K 80% Not listed 5% $179
Orion Select $50K 3 Step 50K 80% Not listed 5% $299
Orion Select $100K 3 Step 100K 80% Not listed 5% $409
Orion Select $200K 3 Step 200K 80% Not listed 5% $739
Orion Funded rules in full

Max DD Type

Static for Orion Standard (6%), Orion Swing (8%) and Orion Select (5%), 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 and Select, 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, Standard and Select 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, Select or the Nova evaluation.

Minimum Trading Days

4 trading days in each evaluation for Standard, Swing and Select; 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 and Select: 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

Rules and prices checked on 28 September 2026 against Orion Funded’s own website and terms.

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. Orion Select is a three step evaluation with 5% targets, a 5% daily limit and a 5% static drawdown. Standard, Swing and Select 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, Swing and Select need only four trading days in evaluation.
  • Rewards can be requested every 14 days with no initial waiting period, 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, Standard and Select 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. Select is the cheapest Orion route to a large account, with a $100,000 three step evaluation listed at $409, although three phases under a 5% static drawdown leave little room for error over a longer path. 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 no waiting period for the first request, 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.

Payouts

Profit Split

80% on all programs, rising to 90% after qualifying for the scaling plan

Frequency

Every 14 calendar days

First Payout

No initial waiting period; a reward can be requested once the funded account is in profit with no open positions. 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, Standard and Select 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 $409 on Select, $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, with no waiting period before the first request as long as the account is in profit with no open positions. 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.

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