/
Login
Breaking
All news
Comparison · Forex

Track record: Instant Funding and Orion Funded

Updated on

Who is behind each firm

Instant Funding is led by CEO Lewis Mansbridge and operates from its headquarters in Rodney Bay, Saint Lucia. The company has established a significant presence in the industry, represented by a high volume of user feedback. On the other hand, Orion Funded is led by David Viota and is based in the Dubai Silicon Oasis, United Arab Emirates. While both firms are headed by visible CEOs, their jurisdictional choices reflect different corporate strategies: one opting for a traditional Caribbean hub for financial services and the other for the growing technological and financial ecosystem of Dubai.

How long they have been around

There is a clear difference in seniority between these two entities. Instant Funding was founded in 2021, making it a veteran in the modern prop firm era, surviving several industry shifts over more than three years. Orion Funded is a more recent arrival, established in 2023. This difference in age is reflected in the volume of public record; Instant Funding accumulates approximately 4,800 reviews, although its Trustpilot profile is currently marked as blocked. Orion Funded, despite its shorter lifespan, already has nearly 1,900 reviews and maintains an active profile on the same platform, showing a rapid pace of user acquisition.

What they promise and what backs it

Instant Funding promises an extremely wide range of products, from "Instant" accounts to one and two-phase challenges. Their pricing is competitive, with entry-level accounts like the $2,000 IF1 starting at $25. Their risk rules are diverse and complex, featuring "Smart Drawdown" on some accounts and "End-of-Day" on others, which shows a sophisticated but sometimes difficult-to-navigate structural depth. Their long track record and the variety of assets (Forex, Indices, Commodities, Crypto) back these promises, though the complexity of their consistency and "Best Day" rules requires traders to be highly diligent.

Orion Funded promises simplicity and a "guaranteed" payout speed. Their "Nova" plan offers an aggressive entry price of $7 for a $100,000 account, although it requires a $669 activation fee upon passing. Their risk rules are generally more traditional, using static drawdowns on most plans, though they implement trailing drawdowns on others. Orion backs its value proposition with a 48-hour payout guarantee: if they fail to process a payment on time, they refund the evaluation fee and increase the profit split to 100%. This is a bold promise for a firm founded in 2023, designed to build trust quickly in a competitive market.

How they handle your money

The financial operations of both firms show a high degree of digitalization. Instant Funding utilizes Rise and Crypto for payouts, while offering a wide array of deposit methods including Skrill, Neteller, Cards, ApplePay, and GooglePay. This variety suggests a mature payment infrastructure. Orion Funded focuses on Wise and Crypto for payouts, and accepts Cards and Bank Transfers for payments. Regarding platforms, Instant Funding offers a superior range of choices, including MetaTrader 5, cTrader, DXTrade, and MatchTrader. Orion Funded limits its offering to MetaTrader 5 and Match-Trader, which may be sufficient for most but offers less flexibility for platform-specific traders.

Operational maturity

Operational maturity is evidenced by the details in their rules. Instant Funding allows Martingale on most accounts and has specific "add-ons" to customize the trading experience (such as news trading or weekend holding). This modular approach is typical of an experienced firm that has refined its offering over years. Orion Funded, while younger, shows maturity through its scaling plan, which allows accounts to reach up to $4,000,000, and its clear stance on prohibited strategies. However, Orion is stricter with Martingale (prohibited) and news trading (restricted on most funded accounts), suggesting a more conservative approach to risk management compared to Instant Funding's flexibility.

What the record does and does not tell you

The available data provides a clear picture of the structural and operational differences between Instant Funding and Orion Funded, but it has limits. A higher number of reviews or a longer time in the market indicates a more tested infrastructure, but it does not guarantee future performance or the solvency of the firm. Similarly, a CEO's presence and a physical headquarters provide a point of contact and accountability, but they do not eliminate the inherent risks of the proprietary trading sector. This comparison reflects the firms' current standing based on their public records and stated conditions, which serve as a guide for their operational reliability.

Frequently asked questions

Which firm is cheaper to get a $100,000 account, Instant Funding or Orion Funded?

Orion Funded offers a lower entry cost with its Orion Nova plan, which has an initial price of only $7, although it requires an activation fee of $669 after passing the evaluation. If you prefer a traditional one-time payment, the Orion Standard $100,000 account costs $629. In comparison, Instant Funding's One-Phase $100,000 account is priced at $649, while their IF1 (Instant) $100,000 account costs $484.

Which firm offers more trading platforms, Instant Funding or Orion Funded?

Instant Funding offers a wider variety of platforms, providing access to MetaTrader 5, cTrader, DXTrade, and MatchTrader. Orion Funded is more limited in this regard, offering only MetaTrader 5 and Match-Trader. This makes Instant Funding a more flexible choice for traders who have a specific preference for specialized platforms like cTrader or DXTrade.

Who pays faster and what methods do Instant Funding and Orion Funded use?

Orion Funded offers a 48-hour processing guarantee for payouts via Wise and Crypto; if they fail to meet this timeframe, they refund the evaluation fee. Instant Funding provides payouts through Rise and Crypto, with frequencies that vary by account: some allow on-demand withdrawals, while others (like Instant Funding GO) require a 14-day wait for the first withdrawal and then every 7 days.

Are EA and Martingale strategies allowed in both Instant Funding and Orion Funded?

Instant Funding is more permissive, allowing Martingale on most of its accounts (One-Phase, Two-Phase, IF Micro) and generally permitting EAs. Orion Funded, conversely, strictly prohibits Martingale and only allows EAs if the strategy is the trader's own, specifically banning the use of third-party signals or external EAs.

Field by field

Instant Funding 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

57 differences

Headquarters

Top floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia

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

CEO

Lewis Mansbridge

David Viota

Country

Saint Lucia

United Arab Emirates

Foundation

2021

2023

Banned Countries
Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe
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, Crypto
Forex, Indices, Metals, Commodities, Stocks, Crypto
Brokers

Liquidity Provider

OGM International LTD

Refund
No
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 5, cTrader, DXTrade, MatchTrader
MetaTrader 5, Match-Trader
Demo Account
No data
Metatrader 5
ID80512087PasswordOC$rWP7A#cServerOGMInternational
Payout Methods
Rise, Crypto
Crypto, Wise
Payment Methods
Skrill, Neteller, Crypto, Card, ApplePay, GooglePay
Card, Bank Transfer
Payout Frequency

IF Evolve

On-demand payouts once the funded-stage eligibility requirements are met.

Instant Funding Pro

First withdrawal after 14 days from your first trade; then every 7 days after each new trade.

Instant Funding Lite

First withdrawal after 14 days from your first trade; then every 7 days after each new trade. Minimum withdrawal: $25.

Instant Funding Micro, One-Phase Micro, Two-Phase Micro, One-Phase & Two-Phase

On-Demand Payouts, withdraw anytime once eligible.

IF Micro Clarity

On-demand payouts, withdraw anytime once eligible.

One-Phase Clarity

First payout on-demand once the 1.5% minimum is reached; then every 7 days.

Instant Funding Clarity

First withdrawal after 14 days from your first trade; then every 7 days after each new trade.

IF Micro Lite

Payouts every 14 days once eligible; Smart Drawdown must be locked.

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

IF Evolve

  • Maximum 50% of account profit per payout
  • Maximum $2,000 per request
  • Maximum 5 payouts per account

No limit

Minimum Withdrawal

IF Evolve

  • $250

Other accounts

  • $25

IF Micro Lite

  • Net profit of at least 5% of starting balance, before profit split.

$100

Forex

IF Evolve

  • 30:1

Other accounts

  • 100:1 (30:1 with news trading add-on)

IF Micro Lite

  • 30:1
30:1 - 100:1
Metals

20:1 (8:1 with news trading add-on)

IF Micro Lite

  • 5:1
9:1 - 30:1
Energies

20:1 (8:1 with news trading add-on)

3.3:1
Indices

20:1 (8:1 with news trading add-on)

15:1 - 50:1
Crypto

2:1 (1:1 with news trading add-on)

1:1
Stocks
No data
1:1
Forex
5 / lot
4 / lot
Metals
5 / lot
4 / lot
Energies
2 / lot
4 / lot
Indices
2 / lot
0 / lot
Crypto
1 / lot
0 / lot
Commission-Free Option
Yes
No
Stocks
No data
0 / lot
Swap Free
No
Yes

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

Account Reset
No

Accounts can't be reset. After a breach, traders must purchase a new account.

No data
Add-ons
Yes
  • Allow major news trading and weekend holding

  • Add 10% to profit split

  • +5% Best Day (IF Micro up to $50,000): raises Best Day limit from 15% to 20%

  • Extended 48-hour trading window (IF1 only)

  • Increased best trade limit of 20% (IF1 only)

  • IF Micro Lite: +10% profit split (90%).

No
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

Challenge Accounts + Instant Funding Micro + IF Micro Clarity + One-Phase Clarity

+25% to starting balance every 90 days with 10% profit, up to 2× the original account size.

Instant Funding Pro & Instant Funding Lite

  • Instantly double your account when you reach 10% profit (up to $1,280,000).
  • You keep all profit except 5% of starting balance used for scaling.

IF Micro Lite

  • +25% to starting balance every 90 days with 10% profit, up to twice the original account size.
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
Yes
Max Drawdown

IF Evolve

  • End-of-Day trailing drawdown. It updates at 17:00 EST from the highest recorded end-of-day balance, only moves upward, and locks permanently at the starting balance.

Instant Funding Pro, Instant Funding Lite & Instant Funding Clarity

  • Smart Drawdown. Starts at -10% and shifts to -5% once you gain 5%. After that, the drawdown stays fixed at -5% of your starting balance, no matter how much you profit.

IF Micro Clarity & One-Phase Clarity

  • 6% trailing drawdown of the starting balance. Trails off closed trades only and never decreases.

Rest of accounts

  • Static

IF Micro Lite

  • Smart Drawdown locks permanently at -3% of starting balance after a 3% gain in closed-trade balance.

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

Profit Split

Instant Funding Pro, Instant Funding Lite, Instant Funding Micro, One Phase, One Phase Micro, Two Phase, Two-Phase Micro, IF Micro Clarity, One-Phase Clarity, Instant Funding Clarity

  • 80%

IF1

  • 90%

One-Phase, Two-Phase, and Two-Phase Micro Challenges

  • Trade for at least 3 months and achieve a profit of 10% or more
  • Contact support to request a review of your results
  • Once verified, your profit split will be increased to 90%

Clarity (Micro Clarity, One-Phase Clarity, Instant Funding Clarity)

  • Up to 90% with the +10% profit split add-on

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

Free Trial
Yes
No
Daily Drawdown

IF Evolve

  • No Daily Loss limit during either the Challenge or Funded stage.

Instant Funding Pro

  • No daily loss limit.

Instant Funding Lite

  • Recalculated at 17:00 EST on the higher of balance or equity. Breaching the daily limit closes the account.

IF Micro Clarity

  • 3% of account value/day. Daily reset at 17:00 EST, recalculated on the higher of balance or equity.

One-Phase Clarity

  • 4% of account value/day. Daily reset at 17:00 EST, recalculated on the higher of balance or equity.

Instant Funding Clarity

  • No daily drawdown

IF Micro Lite

  • Recalculated at 17:00 EST on the higher of balance or equity. Breaching the daily limit closes the account.

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

Three Steps
No
Yes
Max Allocation

$1,000,000 combined starting balance across all programs, including IF Micro Lite. Scaled balances do not count toward this cap.

400,000
Maximum Accounts

IF Evolve

  • Up to 5 active Evolve accounts at the same time

Maximum combined initial allocation of $400,000.

Merge Accounts
No
No
Maximum Trading Days
  • IF1: 24 hours
  • IF Micro Clarity & One-Phase Clarity: Unlimited
  • Rest of accounts (including Instant Funding Lite): Unlimited

No maximum time limit.

Minimum Trading Days

Instant Funding Pro, Instant Funding Lite, Instant Funding Micro, IF1, IF Micro Clarity, One-Phase Clarity: No minimum

  • One Phase, One Phase Micro, Two Phase, Two-Phase Micro: 3 days

  • IF Micro Lite: No minimum

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

Points Reward Program
  • You earn 1 point for every $1 spent and you can use points to obtain promotional codes with discounts up to 50%.
  • You earn 10% of the final value (after discounts) in points for every purchase.
No data
Monthly Competition
Yes
No data
Minimum Profitable Days

IF Evolve

  • 5 profitable days of at least 0.25% to pass the Challenge
  • Another 5 qualifying days are required for each funded payout

IF Micro Clarity

  • 5 profitable trading days per payout cycle, each generating at least 0.5% profit. The count resets after every successful payout.
No data
Expert Advisor (EA)
Yes
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
Yes
Yes
Hedging
Yes
Limited

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

Requires Stop Loss
No
No
Scalping
Yes

Scalping is permitted, but not HFT. HFT includes trades held under 60 seconds or a high number of trades per hour.

Violations

  • 1-2: Warning + profit deduction
  • 3: Account breach
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
Yes

One-Phase, Two-Phase, IF Micro

Martingale is fully permitted. You can add to losing positions and increase lot sizes without restriction.

Instant Funding Pro

Adding to losing positions is allowed, but repeatedly doubling lot sizes after losses is not permitted.

No
Maximum Risk Limit
Yes

Maximum Lot Rule: Full list here

Maximum risk per trade idea , funded accounts

  • General limit: 50% of the account's starting daily drawdown.
  • Instant Funding Pro: 3% of the starting balance.
  • Instant Funding Lite and One-Phase Crypto: 2%.
  • IF Micro, IF Micro Crypto and IF1: 1%.
  • Two-Phase Micro: 2% on accounts up to $50,000 and 1.5% on accounts of $100,000 or more.

Clarity accounts (IF Micro Clarity, One-Phase Clarity)

  • No maximum-risk-per-position rule. Instead, a circuit breaker closes all positions if unrealised losses exceed 1.5% (IF Micro Clarity) or 2% (One-Phase Clarity) of the starting balance. The first breach reduces the profit split to 50%; the second closes the account.

IF Micro Lite

  • Floating losses exceeding 1% of starting balance close all positions and trigger a strike. Account Drawdown and news-window violations share one strike pool: first strike reduces profit split to 50%; second closes the account.
Limited

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

Copy Trading
Yes
Limited

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

News Trading
Limited

IF Evolve

News trading is allowed during both the Challenge and Funded stages.

Challenge accounts

One-Phase, Two-Phase → free news trading.

Micro accounts

IF Micro, IF1, One-Phase Micro, Two-Phase Micro → news trading allowed.

Clarity accounts

IF Micro Clarity, One-Phase Clarity → news trading included by default (no add-on required). Straddling prohibited on One-Phase Clarity.

Funded accounts

Instant Funding Pro, Instant Funding Lite, Instant Funding Clarity, One-Phase, Two-Phase → news trading only with the Major News Trading add-on. Two-Phase Micro has news trading enabled by default.

News restriction window

Blocks market orders, pending limit orders, and TP/SL triggers on affected instruments:

  • Funded accounts: 4 min before + 4 min after news (8 min total).

Warning system (funded accounts: One-Phase, Two-Phase, Instant Funding Pro, Instant Funding Lite)

  • Up to 2 warnings with profit deductions for trades made inside the restriction window.
  • 3rd violation = account breach.
  • Profit deductions don't affect daily drawdown, but overall drawdown adjustments still apply.

IF Micro Lite

  • Trading on affected instruments is prohibited within 4 minutes before and after major news. Violations count toward the shared strike pool described under maximum risk.
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 days

Limited

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

Consistency Rule
Yes

No payout consistency rule

  • Instant Funding Pro and Instant Funding Lite
  • One-Phase Clarity and Instant Funding Clarity

Best-day / best-trade rule for payouts

  • IF Evolve: the best trading day must not exceed 40% of total profit during both the Challenge and Funded stages.

  • IF Micro, IF Micro Crypto, One-Phase Micro and Two-Phase Micro: the best trading day must not exceed 15% of total profit.

  • IF1: the most profitable trade must not exceed 15% of total profit.

  • IF Micro with the +5% Best Day add-on: 20%.

  • One-Phase and Two-Phase: the best trading day must not exceed 40% of total profit.

  • IF Micro Clarity: the best trading day must not exceed 20% of total profit.

  • IF Micro Lite: best trading day at most 15% of total profit for payout eligibility.

Limited

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

Hold Weekend
Limited
  • IF Evolve: Overnight and weekend holding are not permitted. All positions close automatically at 17:00 EST.

  • Instant Funding Pro, Instant Funding Lite: Only allowed with add-on

  • IF Micro, IF1, Two-Phase Micro: Allowed without restrictions

  • IF Micro Clarity, One-Phase Clarity: Allowed without restrictions, no add-on required

  • One Phase, Two Phase: Allowed during evaluation, and during funded phase with add-on

  • IF Micro Lite: Weekend holding is not permitted.

Yes
Prohibited Strategies
  • Latency Arbitrage
  • Tick Scalping
  • Account Arbitrage
  • Exploiting platform glitches
  • Reverse Trading
  • Group Hedging
  • Group Copying
  • Account Management
  • High-Frequency Trading (HFT)
  • Third-Party EAs
  • Account Churning (Rolling)
  • One-Sided Bets
  • Grid Trading
  • Overleveraging
  • Gambling
  • 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
Free newsletter

Pick your firms. Get what matters.

  • Exclusive promotions, updated daily
  • Funded trading industry news
  • Full control: you choose which firms to follow

FreeNo spamOne-click unsubscribe

Community

Join the community

Join us on our mission to become the most influential family in funded trading.

  • trade-ideasTrading ideas from the community
  • giveawaysGiveaways from prop firms
  • respect-leaderboardTop 10 by Respect earned
  • wins-and-lossesFundings, payouts and blown accounts
Join the Discord