Reviewed by PropFirm201 Research Team·At a Glance
Bulenox Homepage
Pricing & Challenge Types
Qualification Account (Trailing Drawdown)
1 phase · 90% profit split
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $115 | 6% | N/A | 6% |
| $25,000 | $145 | 6% | N/A | 6% |
| $50,000 | $175 | 6% | N/A | 6% |
| $100,000 | $215 | 6% | N/A | 6% |
| $150,000 | $325 | 6% | N/A | 6% |
| $250,000 | $535 | 6% | N/A | 6% |
Qualification Account (EOD Drawdown)
1 phase · 90% profit split
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $115 | 6% | N/A | 6% |
| $25,000 | $145 | 6% | N/A | 6% |
| $50,000 | $175 | 6% | N/A | 6% |
| $100,000 | $215 | 6% | N/A | 6% |
| $150,000 | $325 | 6% | N/A | 6% |
| $250,000 | $535 | 6% | N/A | 6% |
Pros & Cons
Pros
- 100% profit on first $10,000 earned, then 90% split
- Choice between trailing drawdown and EOD drawdown accounts
- Weekly payouts processed every Wednesday
- News trading and scalping fully permitted
- Frequent promotional discounts up to 91% off monthly fees
- 14-day free trial available
Cons
- Activation fee required upon passing ($98 to $898 depending on account size)
- Monthly fees are recurring until reaching Master phase
- EAs require prior approval from Bulenox management
- No hedging allowed across accounts
- No overnight or weekend holding permitted
Trading Rules
About Bulenox
Bulenox is a futures proprietary trading firm founded in 2022 and headquartered in Wilmington, Delaware, USA. Despite being relatively new to the industry, Bulenox has quickly established a strong reputation, achieving an impressive 4.8 out of 5 rating on Trustpilot from nearly 1,000 reviews. The firm offers funded trading accounts ranging from $10,000 to $250,000 through a one-phase qualification process.
What makes Bulenox attractive to many futures traders is its flexibility. The firm offers two distinct drawdown models: Trailing Drawdown (where the maximum loss trails your highest equity point in real time) and End-of-Day (EOD) Drawdown (where the drawdown updates only at end of day, giving traders more intraday freedom). This choice allows traders to pick the risk management model that best suits their trading style.
Bulenox is particularly popular among scalpers and news traders, as the firm places no restrictions on news trading and allows fast-paced scalping strategies. The firm supports multiple trading platforms with NinjaTrader as its primary platform, along with ATAS, Quantower, Sierra Chart, and MultiCharts. Traders have access to 42 futures instruments including equity indices, commodities, currencies, metals, energies, agricultural products, and even Micro Bitcoin futures.
The profit structure is competitive, with traders keeping 100% of their first $10,000 in profits and 90% thereafter. Weekly payouts are processed every Wednesday, and the firm offers a 14-day free trial for prospective traders to test the platform. Bulenox also runs frequent promotional campaigns with discounts of up to 91% off monthly fees, making the entry cost very manageable.
How Bulenox Works
- Choose an Account Size: Select from $10K, $25K, $50K, $100K, $150K, or $250K qualification accounts.
- Select Drawdown Type: Choose between Trailing Drawdown or End-of-Day (EOD) Drawdown based on your trading style.
- Complete the Qualification: Trade for a minimum of 5 days with no maximum time limit. Hit your profit target while staying within the drawdown limit.
- Pay the Activation Fee: Upon passing, pay a one-time activation fee ($98 for $10K up to $898 for $250K) to receive your Master Account.
- Trade and Withdraw: Keep 100% of your first $10,000 in profits, then earn 90% of all subsequent profits. Request payouts weekly.
Pricing & Plans
| Account Size | Monthly Fee | Profit Target | Trailing/EOD Drawdown | Max Contracts |
|---|---|---|---|---|
| $10,000 | $115 | $1,000 | $1,000 | 2 |
| $25,000 | $145 | $1,500 | $1,500 | 3 |
| $50,000 | $175 | $3,000 | $2,500 | 7 |
| $100,000 | $215 | $6,000 | $3,000 | 12 |
| $150,000 | $325 | $9,000 | $4,500 | 15 |
| $250,000 | $535 | $15,000 | $5,500 | 25 |
Activation Fees (one-time, upon passing):
- $10K account: $98
- $25K account: $148
- $50K account: $148
- $100K account: $248
- $150K account: $498
- $250K account: $898
Monthly fees are recurring during the qualification phase and continue until you reach the Master phase. Bulenox frequently offers coupon codes with discounts of up to 91% off these prices.
Rules & Restrictions
- Drawdown Options: Choose between real-time trailing drawdown or EOD drawdown that updates only at end of day.
- No Daily Loss Limit: Bulenox does not enforce a separate daily loss limit.
- No Maximum Evaluation Time: Take as long as you need to pass the qualification.
- No Overnight/Weekend Holding: All positions must be closed before the end of the trading session.
- News Trading: Fully allowed with no restrictions.
- Scalping: Permitted and encouraged.
- EAs/Automated Trading: Allowed but must be pre-approved by Bulenox management. High-frequency scalping bots designed to exploit execution are prohibited.
- Hedging: Prohibited across multiple accounts.
- Copy Trading: Not allowed.
- Consistency Rule: No explicit consistency rule during qualification.
Master Account Payout Limits (First 3 Payouts)
| Account Size | Max per Payout (First 3) |
|---|---|
| $25,000 | $1,000 |
| $50,000 | $1,500 |
| $100,000 | $1,750 |
| $150,000 | $2,000 |
| $250,000 | $2,500 |
After the first 3 payouts, withdrawal limits are lifted.
Payouts
- Profit Split: 100% on first $10,000 earned; 90% thereafter.
- Payout Frequency: Weekly, processed every Wednesday.
- Payout Methods: Bank transfer, PayPal, Wise, and cryptocurrency.
- Minimum Payout: $1,000 ($500 for $10K accounts).
- No Data Fees: Free trading terminal access on funded accounts.
Is Bulenox Legit?
Bulenox has quickly earned a strong reputation with a 4.8/5 Trustpilot rating from nearly 1,000 reviews, with 95% of reviews being positive. Traders consistently praise the firm for transparent rules, reliable payouts, and responsive customer support. The firm is registered as Bulenox LLC at 1201 N Orange St, Suite 7149, Wilmington, DE 19801. While relatively new (founded 2022), the high volume of positive reviews and consistent payout reports suggest it is a trustworthy operation. The main concern for some traders is the activation fee charged upon passing the qualification, which varies from $98 to $898 depending on account size.
FAQ
What is Bulenox?
Bulenox is a futures proprietary trading evaluation firm founded in 2022 in Wilmington, Delaware. It allows traders to complete a one-phase qualification to earn a funded Master Account with capital from $10,000 to $250,000, trading 42 futures instruments across equity indices, commodities, currencies, metals, energies, and crypto.
How much does Bulenox cost?
Monthly qualification fees range from $115 for a $10K account to $535 for a $250K account, though Bulenox frequently offers promotional discounts of up to 91%. There is also a one-time activation fee upon passing, ranging from $98 to $898 depending on account size.
What is Bulenox's profit split?
Traders keep 100% of their first $10,000 in earnings. After that, the split is 90% to the trader and 10% to Bulenox.
Does Bulenox allow EAs/bots?
Yes, but with conditions. All automated trading strategies and algorithms must be submitted to and approved by the Bulenox management team before use. High-frequency scalping bots designed to exploit execution inefficiencies are prohibited.
Is Bulenox available in the US?
Yes, Bulenox is headquartered in Wilmington, Delaware, USA and is available to US-based traders.