Forex firms comparator

Sublot 40, Level 3, Block A2, Saradise Kuching, Off Jalan Stutong, 93350, Kuching, Malaysia

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Dixon Teo

David Viota

Malaysia

United Arab Emirates

OGM International LTD

The fee is refunded with the fourth payout. The statutory 14-day withdrawal right applies only before the first trade is opened.

• Forex Evaluation: Bi-weekly (every 14 calendar days). Instant first payout.
• Instant Funded X: Every 30 days.

Every 14 days, with no initial waiting period. There must be no open positions when requesting a payout.

48-hour guarantee: if Orion does not process the payout on time, it applies a 100% profit split and refunds the evaluation fee.

No limit

Instant Funded X: Greater of $100 or 1% of starting balance.

$100

Swap-free accounts are available as a paid option. Terms and availability depend on the selected product.

Instant Funded X: Weekend flat fee add-on and up to 90% profit split add-on available.

Over a rolling 3-month period: 15% return, at least 2 of 3 profitable months, and 3 payouts. Balance increases by 25%, profit split rises to 90%, and the account can scale up to $4,000,000.

Forex Evaluation (X-1 & X-2 Step)
6% static drawdown from starting balance. Does not trail.

Instant Funded X
8% trailing drawdown. Trails upward with account growth. Once 8% profit is achieved, drawdown locks permanently at starting balance. After withdrawal, drawdown permanently locks at original starting balance.

The mechanism depends on the product: static on Standard, Swing, and Select; trailing with a lock on Zero and Nova funded accounts.

• Forex Evaluation: 80%
• Instant Funded X: 80% (up to 90% with add-ons)

80% initially. It rises to 90% after meeting the scaling-plan requirements.

Forex Evaluation & Instant Funded X: 5% daily max loss. Calculated from the higher of: prior day's end-of-day balance or equity. Resets at 5:00 PM EST.

Calculated on equity and includes open trades, commissions, and swaps. The applicable percentage is shown on each challenge.

• Forex: $400,000
• Instant Funded X: $100,000
• Max $1M in active evaluations per person
• Maximum one evaluation per specific account size and plan type simultaneously across all platforms

• Case-by-case. Only possible when multiple assessments of identical product tier, step, and platform are passed simultaneously.
• Not permitted across different platforms, steps, or rule sets.

No time limit. Infinite evaluation duration.

No maximum time limit.

0 minimum trading days across all plans.

Standard, Swing, and Select require 4 minimum trading days per evaluation phase. Zero and Nova have no published minimum.

Monthly competitions with free evaluation prizes.

Maximum combined initial allocation of $400,000.

• EAs are allowed, but third-party or off-the-shelf strategies marketed to pass challenge accounts are banned.
• Strategy switching between evaluation and funded phases is also prohibited.

EAs are allowed when the strategy is the trader's own and does not breach prohibited practices such as arbitrage, HFT, or exploitation of delays and errors.

• Hedging/reverse trades are permitted within a single account.
• Cross-account hedging is strictly prohibited.

Hedging within one account is allowed. Hedging positions across multiple accounts to manipulate results is prohibited.

Manual scalping is allowed, but tick scalping, HFT, and strategies exploiting delays or pricing errors are prohibited.

Multiple positions are allowed as part of a legitimate strategy; excessive or coordinated exposure intended to bypass risk rules is prohibited.

Orion may treat excessive exposure, overleveraging, and other risk practices inconsistent with realistic trading as a breach.

• Only allowed if you own all accounts involved.
• Group trading, signal services, and mirror trading across multiple accounts are banned.

Copying between your own Orion accounts is allowed. Copying signals, third-party accounts, or external services is prohibited.

• Opening positions within 3 minutes before or after news events is prohibited.
• Violations may result in position closure, P&L removal, leverage reduction, or account breach.

During evaluation there is no timing restriction, but using news as a strategy is prohibited. On funded accounts, Nova, Standard, and Select prohibit opening or closing trades 2 minutes before and after high-impact news. Swing has no timing restriction. Zero allows it, but trades executed within 5 minutes before or after receive a 50% profit split.

Accounts with zero trading activity for 30 consecutive days are hard breached.

The account may be closed after prolonged inactivity under Orion's current terms.

• Best trading day cannot exceed 45% of total profit target.
• If breached during evaluation, profit target adjusts upward.
• In funded phase, applies to withdrawal eligibility.
• Instant Funded X: No consistency rule.

The 20% Best Day rule applies only to Orion Zero and Orion Nova funded accounts.

• Forex Evaluation: Weekend holding allowed.
• Instant Funded X: All trades must be closed by 3:45 PM EST on Friday, or they are automatically closed (soft breach). Weekend holding add-on available.

• Exploiting pricing/latency errors
• Front-running trades
• Using non-public/insider information
• Arbitraging across company or third-party accounts
• News event trading (within 3 minutes before/after)
• Excessive leverage/"all-in" trades resembling gambling
• Group hedging/reverse trading across multiple accounts
• Third-party strategies marketed for challenge accounts
• Strategy switching between evaluation and funded phases

• Latency arbitrage, reverse arbitrage, and exploitation of prices or delays
• HFT, tick scalping, and strategies designed to exploit the simulated environment
• Copy trading from third parties or signal services
• Hedging across accounts and coordinated opposite trades
• Account rolling, third-party management, and sharing or reselling accounts
• Gambling behaviour, overleveraging, and excessive exposure