Considering a career in futures trading? Bulenox might be the launchpad you’ve been looking for. Founded in 2022 by experienced traders, Bulenox has quickly gained popularity for its affordability and diverse account sizes. This review will tell you everything you need to know about Bulenox to decide if it’s the right fit for you.
Bulenox stands out for its accessibility. Unlike traditional prop firms, Bulenox doesn’t require upfront capital. This opens the door to aspiring traders regardless of their financial resources. They also offer flexibility and autonomy, allowing you to trade using your own strategies. Combine this with a secure trading environment and a competitive profit-sharing structure, and Bulenox becomes a highly attractive option.
Strict adherence to rules and contracts underscores Bulenox’s commitment to integrity and reliability. Beyond funding qualified traders, Bulenox provides a reliable payout system and efficient customer support. They welcome day traders, offering a significant share of generated profits. Their program is free from burdensome consistency rules, and even allows trading in Micro Bitcoin (MBT).
With a clear path to becoming a funded futures trader, Bulenox‘s platform is a compelling choice for traders looking to take their careers to the next level.
Bulenox Trading offers a variety of funded account programs to suit your experience level and risk tolerance. Their flexible programs let you adapt your strategy as market conditions change, and they provide ongoing support to help you sharpen your skills.
The Evaluation Process:
- Registration (Quick and Easy):
- Complete a simple registration on the Bulenox website.
- Choose your account size within your personal account area.
- No background check required, get started quickly.
- Authorization (Get Set Up):
- Download and install your chosen trading platform.
- Connect your platforms and set up your Bulenox Trader account.
- Qualification (Showcase Your Skills):
- Start trading on a Qualification Account with a simulated balance.
- Demonstrate your risk management abilities.
- Achieve your profit target while following the established rules.
- Master Account (Reap the Rewards):
- Trade on a live Master Account with real capital.
- Continue following the established trading rules.
- Earn a share of your profits based on your performance.
Choose Your Evaluation Path:
- No Scaling, with a Trailing Drawdown: This option offers faster potential profit growth for experienced traders with well-defined strategies, but carries higher risk.
- Scaling Plan, with an End-of-Day Drawdown: This option provides a more controlled risk environment for developing traders
| Evaluation | Price/Month |
| $10,000 | $115 |
| $25,000 | $145 |
| $50,000 | $175 |
| $100,000 | $215 |
| $150,000 | $325 |
| $250,000 | $535 |
- Account reset fee: $78 (optional, allows restarting the evaluation).
- Minimum: 5 trading days (excluding weekends and holidays).
- Trading day definition: Day with at least one opened trade.
- Maximum: None, trade as long as needed to reach the profit target.
- Daily trading hours: 5:00 PM CST to 4:00 PM CST (next day).
- Varies by account size.
- Can hold multiple positions simultaneously.
- Trailing drawdown: Maximum loss allowed from your account’s peak balance (including commissions).
- Account blocked if exceeding the drawdown limit (can be reset or recreated).
- No Scaling Account (Trailing Drawdown):
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- Drawdown adjusts in real-time based on your current balance (profit).
- Block occurs if account balance falls below adjusted drawdown threshold.
- Example: $100,000 account with $3,000 drawdown limit. Block occurs at $97,000, not the initial balance.
- EOD Account (End-of-Day / Scaling Plan / Daily Loss Limit):
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- Drawdown assessed at the close of each trading day (EOD).
- EOD drawdown adjusts to match your account balance (profit) at the end of the day.
- Block occurs if account balance falls below EOD drawdown level.
- Example: $100,000 account with $3,000 drawdown limit. Block occurs at $97,000 (EOD balance), not the initial balance.
- The number of tradable contracts depends on your account’s EOD Cash on Hand value (profit).
- Withdrawals can affect available contracts.
- A table outlines contract limits for different account sizes and profit levels.
- Maximum amount you can lose per trading day (commissions included).
- Account suspension for exceeding the limit (resumes next trading day).
- Daily loss limits are removed for Master Accounts once the drawdown reaches the initial balance.
- A table details daily loss limits for each account size.
- Choose your evaluation path based on risk tolerance (No Scaling vs. EOD).
- Understand the impact of drawdown rules on your trading activity.
- Be aware of platform setup requirements and associated fees.
By achieving your profit target and trading for at least five days, you’ve qualified for a Bulenox Master Account. Here’s what to expect:
Activation Process:
- Submit a request through your Bulenox account dashboard.
- Verification takes 48 hours.
- Upon approval, you’ll receive a Master Account certificate, instructions, questionnaire, and contract via email.
- Your Qualification Account subscription automatically cancels no further fees apply.
Master Account Fees (Option 2):
There’s no monthly fee for Option 2 Master Accounts. Instead, a one-time activation fee covers data feed and maintenance costs:
- $10,000 account: $98
- $25,000 account: $143
- $50,000 account: $148
- $100,000 account: $248
- $150,000 account: $498
- $250,000 account: $898
Multiple Master Accounts:
- Hold up to three Master Accounts simultaneously.
- Activate additional accounts (up to 11 total) by reaching the initial starting balance on an existing account.
- Each additional account undergoes individual review and is activated when its drawdown reaches the initial balance of the most recently activated account.
- Merging Master Accounts into one larger account is not possible.
Master Account Rules:
- Trading and profit sharing begin upon Master Account activation.
- Rules mirror Qualification Accounts, except account resets are unavailable.
- Trailing or EOD drawdown stops adjusting once it reaches your initial starting balance.
Trailing and EOD Drawdown Amounts (TDA):
- $10,000 account: $1,000 TDA
- $25,000 account: $1,500 TDA
- $50,000 account: $2,500 TDA
- $100,000 account: $3,000 TDA
- $150,000 account: $4,500 TDA
- $250,000 account: $5,500 TDA
Exceeding Drawdown:
- Accounts exceeding the maximum drawdown will be closed.
Long-Term Partnership:
Master Accounts foster a long-term relationship between Bulenox and the trader, potentially opening doors to future opportunities.
Bulenox offers a hassle-free payout process for your earned profits on the Master Account. Here’s a breakdown of how it works:
- Flexible Withdrawals: Request a payout anytime during the month.
- Processing Schedule: Withdrawals are processed every Wednesday.
- Minimum Trading Requirement: To be eligible for payouts, you must have traded for at least five days on your Master Account.
Payment Methods:
Bulenox provides a variety of convenient payout methods to suit your preference:
- ACH transfer
- Venmo
- PayPal
- Cryptocurrencies (details not available, but likely platform-specific)
Overall, Bulenox‘s payout system is designed to be straightforward and efficient, allowing you to access your earnings quickly and easily.
Payout:
Bulenox payout rules require traders to complete at least ten trading days before requesting a payout. The first $10,000 of profits are entirely for the traders, and beyond that, traders receive 90% of additional profits. Traders can request withdrawals at any time during the month at Bulenox.
Withdrawal:
- Standard Accounts (1-3 payouts): $1,000 (except $10,000 account minimum is $500)
- Maximum Withdrawal Amounts (vary by account size):
- $10,000 – $750
- $25,000 – $1,000
- $50,000 – $1,500
- $100,000 – $1,750
- $150,000 – $2,000
- $250,000 – $2,500
- Unlimited Withdrawals After 3rd Payout: There are no maximum withdrawal limits after your third successful payout.
- Withdrawal Safety Threshold: A minimum amount must remain in your account to facilitate future withdrawals (amounts vary by account size). These funds can be withdrawn upon termination of the Master Agreement.
Bulenox offers a 10-day trading trial (accessible for 14 days) to give you a chance to experience their platform and evaluate their features before committing. This trial is perfect for new traders or those unfamiliar with Bulenox.
Here’s what you get with the Free Trial:
- 10 Trading Days: Explore the platform and test your trading strategies for 10 full trading days.
- Powered by Rithmic: Experience the stability and reliability of the Rithmic trading platform.
- No Prior Registration Needed: Sign up for the trial easily, even if you haven’t used Rithmic before.
- Seamless Upgrade: If you’re happy with the trial, you can easily upgrade to a Qualification Account and start your funded trader journey.
Ready to try Bulenox? Sign up for your free trial today!
Bulenox offers a diverse range of futures instruments across various categories, detailed below:
- Equity futures: These contracts allow you to speculate on the future price movements of stock market indexes, such as the E-mini S&P 500 and Nikkei NKD.
- Interest rate futures: These contracts are based on interest rates, such as the Eurodollar and 10-Year Note.
- Currency futures: These contracts allow you to speculate on the exchange rates between currencies, such as the Australian Dollar and Japanese Yen.
- Agricultural futures: These contracts are based on agricultural commodities, such as corn and soybeans.
- Energy futures: These contracts allow you to speculate on the prices of energy commodities, such as crude oil and natural gas.
- Metal futures: These contracts are based on precious metals, such as gold and silver.
- Micro futures: These are smaller sized contracts than standard futures contracts, allowing traders to participate in the futures market with a lower initial margin requirement. An example is the Micro-E-Mini S&P 500.
Additionally, the prop firm supports the following 18 trading platforms:
- NinjaTrader
- R|Trader Pro
- TigerTrade
- Optimus Flow
- InsideEdge Trader
- VOLFIX.NET
- ATAS (Order Flow Trading)
- Scalp
- Overcharts
- Medved Trader
- Quantower
- ScalpTool
- Trade Navigator
- PhotonTrader
- Sierra Chart
- MultiCharts
- MotiveWave
- Bookmap X-Ray
Bulenox for your funded trader journey? Here’s a breakdown of the key advantages and limitations to help you decide.
- Cost-Effective: Bulenox boasts minimal costs, especially with the low $78 account reset fee.
- Free Trial: Explore the platform risk-free with a 14-day trial before committing.
- Profit Sharing: Their profit-sharing structure is attractive, allowing you to keep 100% of your initial profits and 90% thereafter.
- Micro Bitcoin: Trade Micro Bitcoin contracts, a unique opportunity not offered by many prop firms.
- Flexible Account Options: Choose from a diverse range of account sizes ($10,000 - $250,000) to suit your capital and risk tolerance.
- Multiple Accounts: Manage multiple accounts simultaneously to diversify your strategies.
- Global Accessibility: Trade from anywhere in the world.
- Convenient Withdrawals: Access multiple withdrawal options, including ACH/wire transfer and PayPal.
- Unrestricted Trading: Enjoy flexible trading conditions with no limitations on your strategies.
- Experienced Guidance: Benefit from potential mentorship from seasoned traders (details not confirmed).
- Strict Withdrawals: Withdrawals are only allowed after ten trading days and have minimum and maximum limits based on your account size.
- Limited Resources: No educational materials are currently offered.
- Day Trading Focus: The platform may not be ideal for traders with longer-term strategies.
- Newcomer: Established in 2022, Bulenox has a shorter track record compared to some competitors.
- Bulenox currently focuses only on futures and Micro Bitcoin contracts.
Bulenox offers a variety of funded account options to cater to different trading styles and risk tolerances. The trailing drawdown and EOD drawdown with posibility of scaling plans provide flexibility, but choosing the right one is crucial for your success.
With a user-friendly platform, simple withdrawal process, and a generous profit-sharing model, Bulenox is worth considering, especially for aspiring funded traders seeking a cost-effective entry point. However, the lack of educational materials and focus on day trading may be drawbacks for some.
FAQs
Bulenox guarantee to fulfill all our obligations by the regulations of the company within established rules.
The trader can choose any form of personal registration, but in the case of business entities, traders may have to pay professional exchange data feed, depending on the structure and form of business.
Carry over a position to the next day is allowed on a $10,000 account only.
You can add additional Qualifications account at any time. To change your existing subscription account size, you need to cancel active account, then to subscribe to your new account.
For the Master Account with Option 1 and Option 2, there is no monthly cost, just a one-time activation fee that includes a data feed and maintenance fee. The activation fee is based on the selected account size:
$10,000 Account – $98
$25,000 Account – $143
$50,000 Account – $148
$100,000 Account – $248
$150,000 Account – $498
$250,000 Account – $898
