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Comparison · Forex

Platforms and execution: FXIFY vs. Orion Funded

Comparing FXIFY and Orion Funded reveals two distinct approaches to the trader's workstation. While one prioritizes institutional-grade connectivity and diverse interface options, the other focuses on high leverage and a simplified multi-asset environment.

Updated on

Where you trade

The platform choice is the primary differentiator for a trader's daily workflow. FXIFY offers an extensive suite including MetaTrader 4, MetaTrader 5, DXTrade, and notably, TradingView integration. This allows technical analysts to execute directly from their preferred charting environment.

Orion Funded limits its ecosystem to MetaTrader 5 and Match-Trader. While Match-Trader provides a modern, web-based alternative to the legacy MetaTrader interface, it lacks the deep third-party integration and custom scripting community that FXIFY's broader selection provides.

Who executes your orders

Execution quality depends entirely on the bridge between the firm and the market.

  • FXIFY utilizes FXPIG, a broker known for its "SPA" (Savage Pricing Advantage) which aims for institutional-level execution and transparency.
  • Orion Funded uses OGM International LTD.

The choice of FXPIG by FXIFY suggests a setup tailored for traders who require deep liquidity and tight raw spreads, whereas Orion Funded provides a more standard proprietary brokerage environment.

Leverage and margin

Risk management is governed by the relationship between leverage and the drawdown "hard breach" levels.

  • FXIFY operates with a standard leverage of 30:1, which can be boosted to 50:1 for Forex and Gold at checkout. For their 2 Phase Pro accounts, leverage is more restrictive (10:1 for indices, 2:1 for stocks).
  • Orion Funded offers significantly higher leverage, reaching 100:1 on Forex and 50:1 on Indices.

While Orion Funded allows for larger position sizing relative to account equity, it also increases the speed at which a trader might hit the daily drawdown limits (3% to 5% depending on the plan). FXIFY's lower leverage encourages more conservative margin usage, aligning with its institutional execution model.

Markets available

Orion Funded has a slight edge in variety by including Crypto in its asset list, alongside Forex, Indices, Metals, Commodities, and Stocks. FXIFY focuses on the traditional core: Forex, Indices, Commodities, and Stocks. Traders looking to capitalize on weekend volatility will find Orion Funded's crypto offering essential, as it supports weekend crypto trading.

What the setup lets you do

Both firms allow EAs and Scalping, but their restrictive "red lines" differ:

  • News Trading: FXIFY is generally permissive, allowing news trading on most standard and 2 Phase Pro accounts. Orion Funded imposes a 2-minute restriction before and after high-impact news on most funded accounts (except the Swing plan).
  • Copy Trading: FXIFY allows it with proof of master account ownership but bans it on 2 Phase Pro. Orion Funded only allows copying between your own Orion accounts, strictly prohibiting external signals.
  • Holding over the Weekend: Both firms allow this on standard evaluation plans, though FXIFY's Instant Funding has specific restrictions.

What the setup costs

Execution costs and payout terms define the actual net profit for the trader.

  • Commissions: FXIFY offers an All-In feed (commission-free) or a Raw feed ($6/lot on FX/Indices/Metals). Orion Funded charges a flat $4/lot on Forex, Metals, and Energies, while keeping Indices and Stocks commission-free.
  • Challenge Pricing: For a $100,000 account, FXIFY's Three Phase costs $399, while Orion Funded's Standard account is priced higher at $629. However, Orion's Nova plan features a very low entry fee ($7) but requires a high activation fee ($669) upon passing.
  • Payouts: FXIFY allows the first payout on demand after minimum trading days, with subsequent bi-weekly or monthly cycles. Orion Funded follows a fixed 14-day cycle. FXIFY's minimum withdrawal is $50, compared to Orion's $100.

Better setup for

  • FXIFY is the better setup for Professional Scalpers and Technical Analysts who require TradingView integration, institutional execution via FXPIG, and the ability to trade news without restrictive windows.
  • Orion Funded is the better setup for High-Leverage Traders and Crypto Enthusiasts who want to trade with 100:1 leverage and need access to digital assets throughout the week.

Frequently asked questions

Which firm is cheaper for a $100,000 challenge, FXIFY or Orion Funded?

FXIFY is significantly cheaper for a standard $100,000 evaluation, with its Three Phase plan costing $399. In contrast, Orion Funded's Standard $100,000 challenge costs $629. While Orion offers a "Nova" plan for a $7 entry fee, the activation fee after passing is $669, making FXIFY the more cost-effective choice for traditional evaluations.

Does FXIFY or Orion Funded offer faster payouts for successful traders?

FXIFY offers faster initial access to profits, as it allows the first payout "on demand" once minimum trading days are met. Orion Funded operates on a fixed 14-day cycle with no initial waiting period. Furthermore, FXIFY has a lower minimum withdrawal threshold of $50, whereas Orion Funded requires at least $100.

Can I trade the news without restrictions on FXIFY or Orion Funded?

FXIFY is much more flexible for news traders, as its standard and 2 Phase Pro accounts allow trading during high-impact events. Orion Funded, however, prohibits opening or closing trades 2 minutes before and after high-impact news on most funded accounts (Standard, Nova, Select), making it more restrictive for event-driven strategies.

Which firm allows higher leverage for Forex trading, FXIFY or Orion Funded?

Orion Funded provides higher leverage, offering up to 100:1 on Forex pairs. FXIFY is more conservative, with a standard leverage of 30:1, although traders can opt to increase this to 50:1 at checkout. This makes Orion Funded better suited for traders who utilize high margin for their strategies.

Field by field

FXIFY and Orion Funded, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

59 differences

40%off
Headquarters

1-13(A), First Floor, Paragon, Jalan Tun Mustapha, 87009 Labuan

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

CEO

Peter Brown y David Bhidey

David Viota

Country

Malaysia

United Arab Emirates

Foundation

2023

2023

Banned Countries
Zimbabwe, Iran, Iraq, North Korea, Somalia, Vietnam, Belarus, Burundi, Central African Republic, Ivory Coast, Liberia, Libya, Sudan, Cuba, Syria, Afghanistan, Yemen, Palestine, Myanmar, Nicaragua, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Papua New Guinea, South Sudan, Vanuatu, Venezuela, Algeria, Russia, Kenya, Ghana, Haiti
United Arab Emirates, Bangladesh, North Korea, Syria, American Samoa, Grenada, Chad, Belize, Antigua and Barbuda, Indonesia, Cape Verde, Tuvalu, Bouvet Island, Burundi, Cook Islands, Eritrea, Vietnam, Comoros, Fiji, Iran, Afghanistan, Cuba, Sudan
Assets
Forex, Indices, Commodities, Stocks, Crypto
Forex, Indices, Metals, Commodities, Stocks, Crypto
Brokers
FXPIG

OGM International LTD

Refund
Limited

1, 2 and 3 Phase purchase fees can be reimbursed with the first payout on request. 2 Phase Pro does not include a fee refund alongside withdrawals. Crypto programs do not either.

Limited

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

Platforms
Metatrader 4, Metatrader 5, DXTrade, Tradingview
MetaTrader 5, Match-Trader
Demo Account
Metatrader 4 All-In
ID12007232PasswordzuPt1OOServerFXPIG-Demo
Metatrader 4 Raw
ID625908Password!o5iCgMrServerFXPIG-DEMO
Metatrader 5 All-In
ID2100170634Password!llo7nWiServerFXPIG-Server
Metatrader 5 Raw
ID2100139002Password+yTuU6RzServerFXPIG-Server
Metatrader 5
ID80512087PasswordOC$rWP7A#cServerOGMInternational
Payout Methods
Rise, Transfer, Crypto
Crypto, Wise
Payment Methods
Card, Crypto
Card, Bank Transfer
Payout Frequency
  • 1, 2 and 3 Phase: first payout on demand after the minimum trading days; then monthly, or bi-weekly with add-on.
  • 2 Phase Classic: 14 or 30 days depending on payout configuration.
  • 2 Phase Pro: withdrawals every 10 days after meeting the payout criteria.
  • Instant Funding: instant/regular payout structure according to the instant account rules.
  • Lightning: first payout criteria are plan-specific, then every 14 days.
  • Crypto programs: every 14 days; Crypto Standard can also choose monthly payouts.

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

Payout Guarantee
No data

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

Crypto Weekend Trading
Yes
Yes
Maximum Withdrawal

Plan-specific. 2 Phase Pro caps the first two withdrawals at 5% of initial balance or $8,000, then has no cap.

No limit

Minimum Withdrawal

$50. Crypto accounts: $50 to $750 depending on size on one of the two plans; FXIFY contradicts itself on which.

$100

Forex

Standard leverage is 30:1. Eligible traders can increase leverage to 50:1 at checkout for FX.

30:1 - 100:1
Metals

Gold and metals follow the 30:1 standard structure, with eligible checkout upgrade to 50:1 for Gold and Silver. 2 Phase Pro lists Forex & Gold at 30:1.

9:1 - 30:1
Energies

Oil leverage is 5:1 on 2 Phase Pro.

3.3:1
Indices

Indices leverage is 10:1 on 2 Phase Pro.

15:1 - 50:1
Stocks

Stocks leverage is 2:1 on 2 Phase Pro.

1:1
Crypto

BTC, ETH and SOL: up to 5:1. Other cryptocurrencies: up to 2:1.

1:1
Forex
0
4 / lot
Metals
0
4 / lot
Indices
0
0 / lot
Stocks
0
0 / lot
Crypto
0
0 / lot
Commission-Free Option
Yes

All-In feed is commission-free for FX, metals and indices; stock CFDs carry 0.35% round-turn. Raw feed has tighter spreads and $6/lot on FX, indices and metals.

No
Energies
No data
4 / lot
Swap Free
No
Yes

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

Account Reset

Plan-specific. 2 Phase Pro does not offer resets or retries; traders must purchase another challenge.

No data
Add-ons
Limited

Eligible accounts can use checkout customizations such as increased leverage, increased performance split, bi-weekly payouts and Performance Protect. 2 Phase Pro has no add-ons.

No
Instant
Yes
Yes
One Step
Yes

One Phase and Lightning are one-step style programs.

Yes
Account scaling
Limited

Scaling is available on eligible standard programs, but Instant Funding, Lightning and 2 Phase Pro are excluded.

Yes

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.

Two Steps
Yes
  • Two Phase Classic: static drawdown
  • Two Phase Standard: trailing drawdown
  • Two Phase Pro: static drawdown, no add-ons and no scaling
Yes
Max Drawdown
  • 1 Phase: trailing drawdown that locks at starting balance.
  • 2 Phase Classic and 3 Phase: static drawdown.
  • 2 Phase Standard: trailing drawdown.
  • 2 Phase Pro: static 8% drawdown based on initial balance.
  • Lightning: plan-specific drawdown rules.
  • Crypto programs: trailing drawdown that locks when a payout is made.

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

Profit Split

Up to 90% on most eligible accounts through add-ons. Two Phase Classic page shows up to 100%. Educational Course and some special programs may differ. On Crypto Standard, 100% with monthly payouts.

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

Free Trial
No
No
Profit After Breach

Performance Protect is an optional add-on on eligible accounts. It allows traders with remaining gains to request a payout after a drawdown breach, based on the agreed performance split. It is not available on 2 Phase Pro.

No data
Daily Drawdown

Daily loss is generally calculated from the previous day's 5 PM EST balance. 2 Phase Pro uses a 4% daily drawdown and treats a daily loss breach as a hard breach.

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

Three Steps
Yes
Yes
Max Allocation

Up to $800,000 on standard FXIFY accounts. 2 Phase Pro has a separate maximum allocation of $785,000, one active account per account size.

400,000
Merge Accounts
No
No
Maximum Trading Days

Most programs have unlimited time. Lightning has a short challenge window. 2 Phase Pro has no specific time window to complete the profit targets.

No maximum time limit.

Minimum Trading Days
  • 1 Phase: 5 days
  • 2 Phase Classic: 4 days
  • 2 Phase Pro: 3 days to pass; 10 trading days to request payout
  • 3 Phase: 5 days
  • Instant Lite: 10 days
  • Lightning: 3 days
  • Crypto Standard: 4 days; on the funded account, 7 per payout period
  • Crypto Instant Funding: no evaluation minimum

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

Points Reward Program

FXIFY Rewards:

  • Earn Coins and XP through purchases, trading milestones, badges and Hub activities.
  • Coins: redeem for challenge vouchers, raffle tickets and merchandise.
  • XP: leaderboard ranking and prizes; cannot be spent.
  • Access the Hub with your existing FXIFY account.
  • Does not change your account's trading conditions.
No data
Monthly Competition
Yes
No data
Minimum Profitable Days

Plan-specific. Instant Lite has 5 minimum profitable days. 2 Phase Pro trading days require at least 0.5% profit based on initial balance.

No data
Maximum Accounts
No data

Maximum combined initial allocation of $400,000.

Expert Advisor (EA)
Limited

EAs are allowed on standard accounts and 2 Phase Pro. Lightning, Instant and Educational Course accounts have restrictions. Crypto accounts do not allow EAs or bots.

Yes

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.

VPN
No
Yes
Hedging
Yes
Limited

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

Requires Stop Loss
Limited

Lightning requires stop loss. Other plans are plan-specific.

No
Scalping
Yes
Limited

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

Stacking / Layering (DCA)
Yes
Limited

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

Martingale
No data
No
Maximum Risk Limit
No
Limited

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

Copy Trading
Limited

Copy trading can be allowed on eligible accounts with proof of the master account, but it is not allowed on 2 Phase Pro or Lightning. Not on Crypto accounts either.

Limited

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

News Trading
Limited

Most standard accounts allow news trading. Lightning has restrictions around major news. 2 Phase Pro allows news trading. Crypto accounts cannot trade 5 minutes before or after restricted news.

Limited

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.

Inactivity Rule

60 calendar days without trading can trigger inactivity breach on relevant accounts, including 2 Phase Pro. Crypto Instant Funding requires opening or closing a trade every 7 days.

Limited

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

Consistency Rule
Limited

Consistency rules are plan-specific. Lightning and Instant Lite include consistency requirements; 2 Phase Pro uses a trading-day qualification rule of 0.5% profit on initial balance. Crypto: 25% best-day rule on Instant Funding and on the Standard funded account.

Limited

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

Hold Weekend
Limited

Standard evaluation accounts generally allow weekend holding. Instant Funding accounts have restrictions. 2 Phase Pro allows weekend holding. Crypto accounts trade 24/7.

Yes
Prohibited Strategies
  • High-Frequency Trading (HFT)
  • Reverse and group hedging
  • Account management
  • Latency arbitrage
  • Order book spamming
  • Herd trading and collusion
  • Exploiting bugs and glitches
  • High leverage news trading
  • Statistical arbitrage
  • EAs, bots and copy traders on Crypto accounts
  • 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
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