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OGM Group Absorbs WAF, Strengthening Orion Funded’s Leadership in the Spanish-Speaking Prop Trading Market
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Dubai, United Arab Emirates — July 8, 2026
OGM Group, the group behind Orion Funded, today announced the completion of the absorption of WAF, an emerging proprietary trading firm that experienced strong growth within the Spanish-speaking market.
The financial terms of the transaction remain confidential. While industry sources have suggested the deal could be valued in the seven-figure range.
The transaction forms part of OGM Group’s broader strategy to consolidate the proprietary trading sector through selective acquisitions and strategic transactions, while providing continuity for traders affected by firms exiting the market.
As part of the agreement, eligible WAF traders will be offered the opportunity to transition to Orion Funded at no cost. Accounts at breakeven or in drawdown will receive a new Orion account starting from the initial balance, while profitable accounts will be reviewed individually with the objective of preserving their existing balance wherever possible.
The transition is expected to be completed over the coming days and remains subject to Orion Funded’s Terms & Conditions, eligibility requirements, supported jurisdictions and compliance procedures.
David Viota Estévez, CEO of OGM Group, said:
“Over the last three years, we’ve focused on building strong companies, investing in technology and earning the trust of traders. Today, OGM Group is in a position where we can go a step further; not only by growing our own brands, but by bringing great businesses into our ecosystem and giving them the resources to grow even further. This transaction is a reflection of that vision, and it certainly won’t be the last. We’re already in conversations around several other opportunities that, if completed, will continue strengthening OGM Group over the coming months.”
Orion Funded has established itself as one of the leading proprietary trading firms serving Spain and Latin America. The company serves traders in more than 160 countries, was named Prop Firm of the Year 2025 by FundedTrading.com, is listed among the world’s leading proprietary trading firms by Prop Firm Match, and has built a strong reputation for transparent payouts, proprietary technology and operational stability.
For OGM Group, the transaction represents another step in its long-term expansion strategy as it continues investing in technology, infrastructure and strategic growth opportunities across the global proprietary trading industry.
About the Author
Head of Copywriting
Fajar Febriansyah is Head of Copywriting at FinMedia Group, specializing in content strategy, SEO, and website copy for the trading and finance industry. With over six years of experience in copywriting and digital content, he has worked across prop trading, brokerage, fintech, and B2B brands. At FinMedia Group, he leads copy development across its platforms, creating research-driven content, social media strategies, website copy, and marketing campaigns focused on clarity, credibility, and audience relevance.
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