The proprietary trading space has expanded rapidly over the last few years, with more retail traders turning to funded account programs to get access to larger capital. Among the newer names gaining recognition in this competitive market is Bulenox — a futures-focused prop firm known for its flexible rules and transparent offerings. If you’re a trader exploring funding options, understanding what Bulenox offers could help you make a more informed decision.
In this article, we’ll break down everything you need to know about Bulenox, including their evaluation process, pricing, rules, pros and cons, and how they compare to other futures prop firms.
What Is Bulenox?
Bulenox is a proprietary trading firm that funds futures traders who can demonstrate consistent profitability and risk management through their evaluation process. Like other firms in the space, Bulenox does not require traders to deposit capital. Instead, traders pay a monthly subscription fee to access a simulated trading environment where they must pass a performance challenge.
Once traders pass the challenge, they can receive a funded account and keep a percentage of the profits they generate while following the firm’s rules. Bulenox’s business model focuses on providing retail traders an opportunity to scale without risking their own capital — a powerful value proposition in the futures trading world.
Key Features of Bulenox
- Futures-only funding model
- No minimum trading days
- Fast evaluation process
- 90% profit splits
- Reset options for failed accounts
- Daily loss limits and trailing drawdowns
- Multiple evaluation account sizes
These features are tailored to suit aggressive and conservative traders alike, especially those already familiar with futures markets like the E-mini S&P 500, Crude Oil, or Nasdaq contracts.
The Evaluation Process
Bulenox uses a single-phase evaluation model, which makes it simpler and faster for traders to get funded compared to two-step programs. Here’s how the evaluation process works:
Step 1: Choose Your Account Size
Bulenox offers several evaluation accounts, including:
- $10,000 account
- $25,000 account
- $50,000 account
- $100,000 account
- $150,000 account
Each account comes with different profit targets, trailing drawdowns, and daily loss limits. Larger accounts have higher profit targets but also provide more room for error.
Step 2: Meet the Trading Objectives
To pass the challenge, traders must:
- Reach the profit target (e.g., $2,500 on a $50K account)
- Avoid violating the trailing drawdown
- Stay within the daily loss limit
- Follow the maximum position size rules
Unlike many other firms, Bulenox does not require a minimum number of trading days — so you can pass the challenge as quickly as you like.
Step 3: Get Funded
Once the target is hit and all rules are followed, traders can submit for a funded account. Bulenox typically reviews and approves accounts within 24-48 hours, allowing quick access to real capital.
Bulenox Pricing
One of Bulenox’s strengths is its competitive and transparent pricing. As of mid-2025, here’s a breakdown of their popular evaluation account costs (subject to change):
| Account Size | Profit Target | Monthly Fee | Trailing Drawdown |
|---|---|---|---|
| $10K | $1,000 | $95 | $500 |
| $25K | $1,500 | $145 | $1,250 |
| $50K | $2,500 | $165 | $2,000 |
| $100K | $6,000 | $325 | $3,000 |
| $150K | $9,000 | $425 | $5,000 |
All evaluation accounts come with a reset option — for a flat fee (usually around $80–$100), traders can reset their challenge instead of repurchasing the entire account.
They also offer discount promotions, which are regularly updated and often include 50–60% off monthly fees for new traders or during holidays.
Rules and Restrictions
Bulenox operates on a clear but strict set of trading rules. Violating any of these can result in failure of the challenge or termination of the funded account:
- Trailing Drawdown: This is calculated from the peak balance and includes both closed and open PnL. It stops trailing after reaching the profit target.
- Daily Loss Limit: Going over the limit during a single day results in disqualification.
- Maximum Position Size: Varies by account type. Exceeding the allowed number of contracts voids the account.
- Consistency Rule: There’s no hard rule for consistency, but large profit days followed by long flat periods may prompt review.
It’s important to note that news trading is allowed, which many traders appreciate, especially when trading high-volatility contracts like the NQ or CL.
Payouts and Scaling
Once funded, traders keep 90% of the profits they generate. Bulenox pays out via bank transfer or third-party processors like Deel or PayPal.
They offer:
- Weekly payout options
- No minimum withdrawal requirement after the first month
- Scaling plans for traders who consistently hit performance targets
This high payout percentage, combined with no minimum trading day rule, makes Bulenox particularly attractive for fast-growing accounts.
Supported Platforms
Bulenox supports several futures trading platforms, including:
- NinjaTrader
- Rithmic (via multiple front ends)
- Tradovate (limited availability)
- Quantower
- Bookmap (for analytics)
You’ll typically need a Rithmic login provided by Bulenox once your evaluation begins. Execution speed is excellent, and server downtime is minimal — an essential factor for high-frequency traders.
Pros and Cons of Bulenox
✅ Pros:
- Fast evaluation with no minimum days
- Generous 90% profit split
- Low-cost resets
- Strong trader community and support
- Transparent rules, no hidden fees
- Supports most popular trading platforms
- Permits news trading
- Frequently offers major discounts
❌ Cons:
- Trailing drawdown includes open equity (harder for swing traders)
- Limited asset types (futures only)
- No forex, crypto, or stock funding
- Strict daily loss limits can challenge aggressive traders
- Still growing reputation vs. older firms like TopStep or Earn2Trade
Who Is Bulenox Best For?
Bulenox is ideal for:
- Day traders focused on futures contracts
- Scalpers using platforms like NinjaTrader or Bookmap
- Experienced retail traders wanting fast access to funding
- Traders seeking a low-cost entry to the prop firm world
- Those looking for high payout percentages
It may not be the best fit for swing traders or those who need multi-asset access like forex, stocks, or crypto.
How Bulenox Compares to Other Prop Firms
| Feature | Bulenox | Earn2Trade | Funded Futures Network | TopStep |
|---|---|---|---|---|
| Evaluation Speed | Very Fast | Moderate | Fast | Slow |
| Minimum Trading Days | None | 15 | 3 | 5 |
| Profit Split | 90% | 80–90% | 80% | 80% |
| Reset Fee | ~$85 | ~$100 | Varies | High |
| Futures Only? | Yes | Yes | Yes | Yes |
| Reputable? | Growing | Established | New | Veteran |
Bulenox stands out as a nimble and trader-friendly futures prop firm, offering fast funding, low barriers to entry, and generous payout terms. While it may not yet have the legacy of giants like TopStep or the educational resources of Earn2Trade, it delivers where it counts — funding real traders quickly and affordably.