Orion Funded is a prop firm from the United Arab Emirates, active for about two years, banking on classic conditions and a very low entry ticket: challenges from $49, and even from $7 with its Nova programme. Founded recently, it already displays more than 3.2 million dollars in payouts processed. Complete test of the rules, prices and payout reliability.
Orion Funded: identity card
| Item | Detail |
|---|---|
| Name | Orion Funded (orionfunded.com) |
| Year founded | approx. 2024 (about 2 years of activity) |
| Headquarters | United Arab Emirates |
| Founders | not disclosed |
| Displayed allocation | up to $100,000 (programmes up to $200,000 according to the site) |
| Payout volume | $3.2M+ displayed; 201 payments and $192,099 paid out over the last 30 days (public on-chain record) |
| Platforms | MT4, MT5 |
| Community rating | 3.9/5 on Prop Firm Match (12 verified reviews) |
| Funded accounts | simulated environment |
The on-chain payment record is a real transparency point: transfers are publicly traceable, something few prop firms offer. A trader can see there, for example, payments processed the same day in about 18 hours.
Challenges and prices by account size
Orion Funded offers 5 evaluation programmes with two main formats: a 1-phase challenge (8% target) and a 2-phase challenge (targets of 8% then 5%). Starting capital ranges from $5,000 to $200,000 depending on the programme chosen.
| Account size | Challenge price | Profit target | Daily drawdown | Maximum drawdown |
|---|---|---|---|---|
| $5,000 | not disclosed | 8% (1-phase) / 8% + 5% (2-phase) | 5% | 10% |
| $10,000 | not disclosed | 8% / 8% + 5% | 5% | 10% |
| $25,000 | from $49 (1-phase); from $7 (Nova) | 8% / 8% + 5% | 5% | 10% |
| $50,000 | not disclosed | 8% / 8% + 5% | 5% | 10% |
| $100,000 | not disclosed | 8% / 8% + 5% | 5% | 10% |
Drawdowns can be static or trailing depending on the programme (verified limits between 3-5% daily and 5-8% overall depending on the plan): always check the exact version displayed at the time of purchase. Another rule to know: a minimum of 4 trading days per phase (non-consecutive) is required to validate.
Format comparison: 1-phase, 2-phase, Orion Nova
| Format | Price | Profit target | Specificity |
|---|---|---|---|
| 1-Step (1 phase) | from $49 | 8% | The fastest for aggressive profiles |
| 2-phase | not disclosed | 8% then 5% | Market standard, softer validation step |
| Orion Nova (e.g. $25,000) | from $7 | not disclosed | Activation fee paid only after success |
The Nova programme is the most differentiating argument: a few dollars to try your luck, and the real cost (activation) only comes after validation. It is interesting to test without committing a full challenge budget, provided you read the programme's specific rules, which are more restrictive according to trader feedback.
Orion Funded versus the competition
| Prop firm | Drawdown | Profit split | Entry price | Payout time |
|---|---|---|---|---|
| Orion Funded | 5% daily, 10% max (static or trailing) | up to 90% | from $7 (Nova), from $49 | 7-day cycle; observed 24-72 h |
| The Trading Pit | 5% daily, 10% max | up to 90% | from $89 | 14 days |
| For Traders | not disclosed | up to 90% | not disclosed | guaranteed within 48 h |
| BluSky Trading | trailing | up to 90% | from $85 | 5 days |
On paper, Orion Funded offers conditions very close to The Trading Pit but with a much lower entry ticket and more frequent payments. The flip side: the company is young, thinly rated by the community (only 12 verified reviews) and some recent feedback is critical.
Detailed trading rules
- Drawdown: 5% daily and 10% maximum on standard plans; 3-5% / 5-8% depending on the programme (static or trailing).
- Minimum trading days: 4 per phase, non-consecutive.
- News trading: not disclosed; confirm with support before trading NFP or FOMC announcements.
- Weekend position holding: not disclosed.
- Bots, EAs and copy trading: not disclosed.
- Consistency rules: not disclosed.
- Leverage per asset class: not disclosed (standard MT4/MT5 according to the firm).
- Spreads and commissions: not disclosed; depend on the MT4/MT5 account provided.
Same criticism as for firms in this segment: the secondary rules (news, weekend, EAs) are not always documented in black and white. Get them confirmed in writing. In case of a dispute, our article on denied payouts and possible recourse shows the typical conflict situations (denied payouts: causes and recourse).
A specific point of vigilance: traders report on forums rule changes along the way and, in at least one case, a funded account and $10,000 of contested gains. The on-chain data nevertheless shows regular payments. Possible verdict: the firm pays, but applies its rules to the letter; take no compliance risk.
Platforms and instruments
| Platform | Software | Web | Mobile | Firm sheet |
|---|---|---|---|---|
| MetaTrader 4 | Yes | Yes | Yes | MT sheet |
| MetaTrader 5 | Yes | Yes | Yes | MT5 sheet |
Orion Funded is a 100% MetaTrader firm: MT4 for fans of the older generation, above all MT5, which remains the reference platform for algorithmic and manual forex trading in prop firms. To compare with more modern environments like cTrader or TradeLocker, see cTrader and TradeLocker.
On instruments: the advertised catalogue covers forex and classic CFDs (indices, commodities, metals, cryptocurrencies), but the total number of instruments is not disclosed.
Payouts: times, methods, minimum
- Time: announced 7-day cycle; verified rules indicate twice-weekly payments depending on the programme, and the on-chain record shows payments processed within 24-72 h, sometimes same-day.
- Methods: bank transfer and cryptocurrencies (the traceable on-chain transfers confirm this for crypto).
- Currency: accounts in dollars.
- Minimum amount: not disclosed.
- Fees: refunded from the 4th payment (challenge fees), according to the displayed terms.
- Split: 80% by default, up to 90% depending on the plan.
On-chain transparency is the real security bonus: each payment is publicly observable, which limits empty promises. To understand the ideal payment cycle, the prop firm FAQ details best practices (prop firm FAQ).
Advantages and disadvantages
Advantages:
- 1-phase and 2-phase plans with classic conditions (8%, 5%/10% drawdown).
- Very low entry ticket: from $49, and from $7 with Orion Nova.
- 7-day cyclic payments, observed within 24-72 h, public on-chain records.
- More than $3.2M in payouts displayed, including 201 transfers over the last 30 days.
- Support described as responsive and available 24/7 by verified traders.
Disadvantages:
- Very recent firm (2 years): reputation still to consolidate, few verified reviews (12 on Prop Firm Match).
- Poorly documented secondary rules (news, weekend, EAs, consistency).
- MT4/MT5 only: no cTrader or TradeLocker.
- Isolated negative feedback (rules changed, contested gains) to be taken seriously.
- Unregulated company, headquartered in the United Arab Emirates.
The Fundedtrader.fr ratings
| Criterion | Rating /5 |
|---|---|
| Trading conditions | 3.8 |
| Payments | 3.9 |
| Support | 3.7 |
| Ease of validation | 3.9 |
| Overall rating | 3.8 |
Verdict: should you try Orion Funded in 2026?
Orion Funded ticks the boxes of an honest mid-table prop firm: classic conditions (8% / 5%, 5%/10% drawdowns), low entry ticket, frequent and even publicly verifiable payments. Its youth is its main flaw: two years of history is too short for blind trust.
Recommendation: Orion Funded suits a trader who wants an economical alternative to the reference firms, with MT5 as a playground, and who applies the rules to the letter. For a first prop firm account, beginner profiles will prefer a more proven firm: see our selection of the best prop firms for beginners (best prop firms for beginners).
Ready to take a challenge? Compare all updated sheets and comparisons on Fundedtrader.fr and pick the prop firm that matches your trading.
