OrionFunded Launches "Experiment 001" via New Orion Labs Line
OrionFunded has officially introduced Orion Labs, a new series of experimental funding programs distributed through limited editions. The inaugural release, Experiment 001, provides access to a $100,000 simulated evaluation account for a fee of €99. Evaluation and Trading Conditions This single-phase evaluation is conducted on MetaTrader 5 for CFD trading. It features a 5% profit target, a 1% daily loss limit, and a 3% trailing drawdown. Notable features include the absence of consistency rules, minimum trading days, or activation fees. Payout Structure and Funded Phase Upon passing, traders are eligible for an 85% reward split. Withdrawal requests can be made daily in the funded phase, provided a 3% profit is achieved per request. Withdrawals are issued in fixed $1,000 increments, and a 3% buffer must remain in the account. Both the evaluation and funded phases have a six-month duration. Trading Rules and Allocation Limits Overnight and weekend positions are permitted. While trading during high-impact news is allowed, profits generated during these windows may be deducted in the funded phase. Each user can purchase up to five Experiment 001 accounts, totaling a maximum simulated allocation of $500,000, which is separate from OrionFunded’s standard limits. Experiment 001 is distributed as a limited drop with real-time availability tracking. Once the edition sells out, no further accounts will be available for this specific experiment, though existing accounts will continue under their original rules and timeframes.