Up Trade Funded
1. Introduction to Bulenox
Bulenox is a dynamic futures proprietary trading firm that was established to break down the financial barriers preventing talented traders from succeeding. Operating on the principle of mutual success, Bulenox provides traders with simulated capital and shares real profits when traders prove their consistency.
Key Highlight: What sets Bulenox apart is its incredible accessibility. By offering an evaluation account for as little as $10,000, they allow traders with very tight budgets to enter the prop firm arena. But they don’t ignore the heavy hitters; their account sizes scale all the way up to $250,000. Combined with a “no time limit” evaluation structure, Bulenox creates a low-stress environment where traders can meticulously execute their strategies without rushing.
2. Pros and Cons of Bulenox
Pros
- High Profit Split: Industry-leading 90% split keeps more earnings for traders.
- Micro Options: Affordable $10,000 accounts perfect for beginners transitioning to live.
- No Time Limits: Complete the evaluation at your own pace without pressure.
Cons
- Trailing Drawdown: Intraday trailing drawdown requires strict and precise trade management.
- Support Delays: Response times can be slower during high-volume promotional sales periods.
- Platform Fees: Monthly data fees apply once evaluation is passed and funded.
3. Trading Rules and Objectives
The Bulenox evaluation is a straightforward 1-step process. To pass, a trader must hit the predefined profit target without hitting the trailing drawdown limit. There are no minimum or maximum trading days, giving you ultimate freedom over your schedule.
The Trailing Drawdown is the most significant hurdle. It calculates your maximum drawdown based on the highest point your equity reaches during an open trade, not just where the trade closes. Therefore, allowing winning trades to retrace heavily can quickly lead to a failed evaluation.
Overnight holding is generally restricted. All positions must be closed before the daily market close (usually 3:59 PM CST), though they occasionally offer specific swing accounts or add-ons that modify this rule.
4. Account Sizes and Pricing
Bulenox offers a fantastic spread of account sizes to suit every budget and trading style.
| Account Size | Profit Target | Trailing Drawdown | Contract Limit | Monthly Cost |
|---|---|---|---|---|
| $10,000 | $1,000 | $1,000 | 5 Micro | $115 / month |
| $25,000 | $1,500 | $1,500 | 3 Mini / 30 Micro | $145 / month |
| $50,000 | $3,000 | $2,500 | 7 Mini / 70 Micro | $175 / month |
| $100,000 | $6,000 | $3,000 | 12 Mini / 120 Micro | $215 / month |
| $250,000 | $15,000 | $5,500 | 25 Mini / 250 Micro | $325 / month |
(Pro Tip: Use coupon code FUNDED30 to get 30% OFF these standard prices).
5. Profit Split and Payouts
Bulenox shares the crown with Apex when it comes to payout generosity. As a funded trader, you are entitled to 100% of the first $10,000 in profits you generate. After this initial milestone, the split adjusts to a 90/10 ratio in your favor.
Payout Details: Payouts are generally processed quickly via standard methods like wire transfer and Deel (which supports crypto and local bank transfers). Note that Bulenox enforces a consistency rule for withdrawals, ensuring you aren’t relying on massive, lucky lot-size gambles to secure a payout.
6. Scaling Plan
While Bulenox does not emphasize horizontal scaling as heavily as Apex (where you can have 20 accounts), they do allow multiple accounts and have a solid vertical scaling approach.
| Feature | Details |
|---|---|
| Max Capital Limit | $250,000 |
| Multiple Accounts | Allowed (up to 3 funded accounts typically) |
| Trade Copiers | Fully supported |
With the ability to trade up to three $250,000 accounts via a trade copier, a successful Bulenox trader can command up to $750,000 in buying power.
7. Allowed Trading Platforms and Instruments
Bulenox gives traders access to the full suite of CME group futures (Equity Indices, Energies, Metals, Agricultural, and Financials).
Their primary data feed partner is Rithmic, meaning you can connect to almost any professional futures platform:
- NinjaTrader (highly recommended, free license often provided)
- Tradovate
- Quantower
- TradingView (via integrations)
8. Broker and Trading Conditions
Because Bulenox uses Rithmic for its data and order routing, the trading conditions are identical to what you would experience with a live broker. Executions are lightning-fast, and slippage is minimal under normal market conditions. Commissions are baked into the simulated environment to accurately reflect live trading costs, keeping the evaluation highly realistic.
9. Restricted Strategies
Bulenox is very open-minded regarding strategy. They do not ban algorithmic trading or Expert Advisors, making them a great home for quantitative traders. News trading is also permitted.
The strict rules revolve around:
- Closing times: All trades must be flattened before the end-of-day market close.
- Account integrity: You must trade your own account. Third-party account management is forbidden.
10. Dashboard and Tech Stack
The Bulenox dashboard is clean and user-friendly. It integrates directly with Rithmic to pull your live PnL, current trailing drawdown status, and trade history. The interface clearly displays your progress toward the profit target, making it easy to know exactly where you stand in your evaluation journey.
11. Customer Support and Trustpilot
Customer support is available via email and a ticketing system. While generally helpful, response times can occasionally drag during massive promotional sales when they experience an influx of new users.
On Trustpilot, Bulenox holds a very respectable 4.5/5 rating. Traders frequently highlight their low entry costs and the fact that they honor their 100% payout for the first $10k without unnecessary delays.
12. Comparison with Competitors
| Feature | Bulenox | TradeDay | Hash Hedge |
|---|---|---|---|
| Profit Split | 90% | 90% | 80% |
| Lowest Account Size | $10,000 | $10,000 | $10,000 |
| Trailing Drawdown | Intraday | End of Day (EOD) | Intraday |
| Evaluation Cost | Very Low | Moderate | Low |
Bulenox stands toe-to-toe with the best in the business, offering identical profit splits and account sizes. The choice between Bulenox and a competitor like TradeDay often comes down to your preference between Intraday vs. EOD drawdowns.
13. Frequently Asked Questions
Is this prop firm legit and do they actually pay out?
Yes, this firm is a highly reputable proprietary trading firm that has successfully funded thousands of traders worldwide. They provide verifiable proof of payouts on a regular basis and maintain excellent ratings on independent review platforms like Trustpilot.
What are the core rules to get funded?
To secure a funded account, you typically need to reach a specific profit target without violating the maximum drawdown limits (which may be trailing or end-of-day). Most accounts also require a minimum number of trading days to prove consistency.
Do they allow trading during major news events?
Yes, most of their simulated evaluation accounts permit trading during high-impact news releases such as CPI, NFP, and FOMC. However, it’s always recommended to review their specific guidelines regarding news trading on live-funded accounts.
Are Expert Advisors (EAs) or trading bots allowed?
Generally, yes. Automated trading systems, EAs, and algorithmic bots are supported on platforms like MetaTrader or NinjaTrader, provided they do not exploit the demo environment (e.g., latency arbitrage or tick scalping).
How often can I request a withdrawal once funded?
Once you pass the evaluation and trade on a funded account, payouts can usually be requested on a bi-weekly or monthly schedule. Make sure to adhere to their consistency rules and meet the minimum withdrawal threshold before requesting your payout.
14. Final Verdict
Bulenox is an excellent proprietary trading firm, particularly for traders who are on a budget but still want access to premium features like a 90% profit split and the “first $10k free” payout model. Their $10,000 account is one of the best entry points in the entire prop firm industry. If you have solid risk management and can navigate the intraday trailing drawdown, Bulenox offers a incredibly lucrative path to becoming a professional funded futures trader.
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