Orion Funded launches Orion Black, a one-phase $50,000 account with a 100% reward split

Orion Funded has opened Orion Black, Experiment 003 of its Orion Labs line. It is a $50,000 one-phase account on MetaTrader 5, with a single €89 fee and no activation fee. The firm says it is the first time it offers it and that it will only be available until November 30.

The evaluation has a 6% profit target, a 2% daily loss limit and a 3% trailing maximum loss. There are no minimum trading days, but a 40% consistency rule applies during the evaluation only.

On the funded account the reward split is 100%. Before each payout, traders need 5 days with at least $150 in closed profit. Payouts are on demand from $300, for up to 50% of eligible profit and a maximum of $2,000 each. After 5 approved payouts, the account is closed.

Up to 5 accounts can be bought at Orion Funded.