Orion Funded is a forex prop firm founded in 2023 that sells three funding paths: an instant account (Orion Zero) with no profit target, a 2-Step Orion Challenge, and a 3-Step Orion Challenge. Funded traders keep 80% of profits, with payouts every 14 calendar days through Rise. The pricing is the part most likely to change your choice. On larger accounts, the multi-step challenges cost a fraction of the instant route. For example, $1,149 buys either a $100K Orion Zero account or a $200K 2-Step challenge. What you give up with each path shows up in the drawdown limits, the 20% best-day consistency rule, and a set of news and automation restrictions that differ by program.
Who operates Orion Funded
Orion Funded operates through two legal entities, OGM International Ltd. and Orion Global FZCO. FZCO is a free zone company form used in the United Arab Emirates, which matches the firm’s reported UAE base. The firm launched in September 2023, giving it about three years of operating history. That is short compared with firms that have been through several market cycles.
The firm reports $7,347,878 in total rewards distributed. That figure is published by Orion Funded itself and has not been independently verified. It places the firm 38th of the 50 firms that publish a total.
Programs and costs
Orion Funded sells 17 challenges across three programs. All fees are one-time payments, and there is no time limit.
Orion Zero (instant funding)
Orion Zero skips the evaluation. You pay and trade a funded account straight away, with no profit target and no minimum trading days. The risk limits are a 3% daily loss and a 6% maximum loss, which the Orion Zero page lists as a trailing drawdown. Sizes run from $5K ($199) to $100K ($1,149).
Orion Zero costs well above the evaluations at the same size. The trade-off is time: you can earn a payout from the first cycle instead of first passing one or more phases. Orion Zero also carries the tightest set of payout conditions, covered below.
2-Step Orion Challenge
The 2-Step challenge requires a 6% profit target in Phase 1 and another 6% in Phase 2. The limits are a 3% daily loss and a 6% absolute maximum loss, with a minimum of 4 trading days. Sizes run from $5K ($49) to $200K ($1,149). The $100K account costs $629.
The target and the maximum loss are the same size (a 1:1 profit-target-to-drawdown ratio). In each phase you need to gain as much as you are allowed to lose in total, and the 3% daily cap stops you from losing that full amount in a single bad day.
3-Step Orion Challenge
The 3-Step challenge requires 5% in each of three phases. Here the daily loss limit and the maximum loss are both 5%, again with a 4-day minimum. Sizes run from $5K ($59) to $200K ($739), and the $100K account costs $409.
Because the daily and maximum limits are equal, a single day can take the account to its overall floor. That differs from the 2-Step structure, where one day can only use half of the total allowance. The 3-Step path is cheaper at most sizes but adds a phase, and each phase is another chance to hit a limit.
Cost per $10K of account size
Dividing each one-time fee by account size shows how the pricing scales:
| Size | Orion Zero | 2-Step | 3-Step |
|---|---|---|---|
| $5K | $398 | $98 | $118 |
| $100K | $114.90 | $62.90 | $40.90 |
| $200K | not offered | $57.45 | $36.95 |
At $5K the 2-Step challenge is cheaper than the 3-Step. From $10K upward the 3-Step is the lowest-cost route at every size, with the gap widening on larger accounts. The 2-Step also has the only $5K entry under $50.
Drawdown rules
The 2-Step and 3-Step challenges use an absolute maximum drawdown on the initial balance, but the Orion Zero page lists its 6% maximum drawdown as trailing. The floor is fixed at the starting balance minus the percentage and does not trail your profits upward. On a $100K 2-Step account with a 6% limit, the floor stays at $94,000 whether the account is at $100,000 or $108,000. Once you are in profit, gains widen your distance from the limit.
The 20% best-day consistency rule
The consistency rule caps how much of your profit can come from a single day: your best day cannot exceed 20% of the profit for the period it measures. According to the firm’s rules, it applies during each payout cycle on Orion Zero and during the funded stage of the evaluation programs. It does not appear as a condition for passing evaluation phases.
Hypothetical example: a trader ends a 14-day cycle with $5,000 in profit. Under a 20% cap, no single day can contribute more than $1,000. If one day produced $2,000, the trader would need more profitable trading, without a day over 20%, before the cycle qualifies. With every day capped at 20% of the total, it takes at least five profitable days to reach the total. Traders who make most of their returns on a few large days will feel this rule more than those with steady daily results.
The firm also prohibits splitting profits across days artificially, meaning profits spread out without spreading market risk in proportion, to get around the rule.
Trading rules and restrictions
Orion Funded’s rulebook names five programs: Orion Zero, Orion Nova, Orion Standard, Orion Swing and Orion Select. It does not map these names to the 2-Step and 3-Step challenges, so rules tied to a named program appear here under that name. Three other terms need confirming with the firm before you size trades. The first is whether the daily loss limit is calculated from balance or equity and from what reset time, which decides whether floating losses on positions held through the day count against you. The second is which evaluation program carries the 3% profit buffer. The third is the lower 3-Step leverage caps covered below.
News trading
News trading as a strategy is banned in every program and phase, including evaluation. That covers directional bets on expected news, option-style structures built around an event, and systematic trading around releases to exploit volatility. The timing rules on individual trades then differ:
- Evaluation (all programs): no timing restriction on opening, closing or modifying trades around high-impact news.
- Orion Nova, Standard and Select funded accounts: no opening, closing or modifying trades and orders from 2 minutes before to 2 minutes after a high-impact event. Existing positions can stay open as long as you leave them alone.
- Orion Swing: no restricted news window.
- Orion Zero: trading around news is allowed, but trades opened or closed within 5 minutes before or after a high-impact event earn a 50% profit split instead of 80%.
Profits from prohibited news trading can be adjusted, deducted or voided. Repeated violations can lead to account deactivation.
Gap trading
Opening trades specifically to exploit price gaps is prohibited. That includes gaps around scheduled news, economic events or earnings, and trades opened within 2 hours of a market closure lasting at least 2 hours.
Expert advisors and grid trading
EAs are allowed only for risk and trade management: position sizing, protective orders and partial closes. Third-party EAs, signal generators and autonomous trading systems are banned. Any EA generating more than 2,000 server requests per day (opens, modifications and closes combined) is also prohibited.
An automated grid strategy would fall under the autonomous-systems ban. Manual grids are not named directly. However, the firm treats some patterns as outside standard risk management, and these can catch them:
- positions substantially larger than you normally trade
- many more or many fewer positions than your usual pattern
- repeatedly raising risk per trade so that exposure piles up in one instrument or in correlated instruments
Copy trading, holding and inactivity
You may copy trades manually between Orion accounts you own. Automated copying and external trade-replication services are not allowed. Overnight and weekend holding is permitted. Evaluation and funded accounts expire after 30 consecutive calendar days with no trading activity, which matters if you buy an account and plan to start later.
Platform, instruments and leverage
Trading runs on MetaTrader 5. Headline leverage is up to 1:100, on forex and crypto. Per-asset leverage for the Instant, 1-Step and 2-Step structures is:
| Asset class | Leverage |
|---|---|
| FX | 1:100 |
| Metals | 1:30 |
| Indices | 1:50 |
| Crypto | 1:1 |
| Other commodities | 1:3.3 |
| Stocks | 1:1 |
On the 3-Step structure, caps are lower on FX (1:30), metals (1:15) and indices (1:9), with the other classes unchanged, even though 3-Step accounts are advertised at “up to 1:100”.
Crypto at 1:1 means a crypto position needs margin equal to its full notional value. On a $10K account that limits crypto exposure far more than FX exposure.
Payouts
- Profit split: 80%, rising to 90% after you qualify for the Scaling Plan.
- Frequency: every 14 calendar days.
- Processing time: 48 hours (firm-reported).
- Method: Rise.
- Minimum withdrawal: $100.
- Fee refund: the original program fee is returned after four eligible reward requests.
At a 14-day frequency, four eligible requests take at least about eight weeks of funded trading. The refund depends on each of those requests qualifying under the consistency rule and any buffer.
The firm’s rules attach a 3% profit buffer to Orion Zero and to one evaluation program, alongside the 20% consistency condition. Under this buffer, the first 3% of account profit has to stay in the account. Hypothetical example: on a $100K account with $5,000 in profit, the first $3,000 stays as the buffer, leaving $2,000 of profit eligible before the split is applied. On a small account the buffer can take up most of an early cycle’s gains. The Standard, Swing and Select programs carry only the shared payout terms above.
Trader reviews
Orion Funded holds a 4.5 Trustpilot rating from 2,310 reviews. Of these, 85% are five-star and 7% are one-star. The rating reflects reviewer sentiment, not payout rates or how disputes were resolved.
Strengths and trade-offs
Strengths
- Low entry prices on the evaluations, starting at $49 for a $5K 2-Step account.
- Static drawdown floors on every account rather than trailing limits.
- No time limit on challenges, and a 4-day minimum.
- Overnight and weekend holding allowed, plus an Orion Swing program with no news window.
- Program fee refunded after four eligible reward requests.
Trade-offs
- The 20% best-day rule applies on funded accounts and on Orion Zero payout cycles, which penalizes uneven daily returns.
- Orion Zero adds a 3% profit buffer and cuts the split to 50% on trades near high-impact news.
- The 3-Step challenge allows a single day to reach the full maximum loss.
- Automation is limited to trade management. Strategy EAs and automated copying are banned.
- One trading platform (MetaTrader 5), one payout method (Rise) and a three-year track record.
How we checked Orion Funded
We visited orionfunded.com on 13 November 2026, connecting from Tallinn, Estonia. The home page opened normally, and we clicked its “2-Step” and “Instant” tabs to reveal the plan details. From there we opened the 2-Step Orion Challenge page, the Orion Zero page, the Terms and Conditions and several Help Center articles on programs, the daily loss limit and payouts. A live chat widget sat on the page. The footer names OGM International Ltd., registered at Unit 1, La Place Creole, Rodney Bay Village, Gros Islet, Saint Lucia, together with Orion Global FZCO, as the providers of simulated trading services and educational tools.
Prices matched the plans described in this review. A 5,000 2-Step account was listed at $49 and the 200,000 size at $1,149. Orion Zero ran from $199 at 5,000 to $1,149 at 100,000. Each card also showed a lower “Start for” figure, such as $41.65 against $49, so a discount was running on the day. The home page promoted an “11:11” offer on a newer program, Orion Black, with the 50K account at €89 against a listed €350 and rules of a 6% target, 2% daily loss and 3% trailing drawdown. The checkout button led to the Orion Trader Portal, which asks you to sign up or log in before any price or payment step.
The site shows no licence or registration numbers, and we found no risk warning. With no claimed licence to look up, there was no register we could query. Trustpilot showed 4.5/5 from 2,310 reviews when we read it on 13 November 2026. Of those reviews, 85% were five-star and 7% one-star, and the company had replied to none of the 8 newest. The Wayback Machine’s first capture of the domain is dated 2023-08-23, a day after the domain was registered on 2023-08-22.
We could not confirm the $7,347,878 rewards figure or the “Paid in under 48h” promise, because we did not buy an account or request a payout. Treat them as claims.
Who it may suit
The 3-Step challenge offers the lowest cost per dollar of account size at $10K and above. It fits traders who can make steady gains of 5% per phase without relying on one large winning day. The 2-Step gives more room per day (3% daily against 6% total) and the cheapest small-account entry. Orion Zero fits traders who value skipping evaluation over price and who already trade with even daily results, since the consistency rule, profit buffer and news split all apply from the start. Traders who run their own EAs, copy trade through external services or concentrate on crypto will run into the firm’s restrictions.
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 7.0/10 | $357 | 80% | Day 0, then every 7 days | Review | |
| 5.0/10 | — | — | — | Review | |
| 7.2/10 | $290 | 80% | 30/10 days | Review |