Bulenox

Firm Overview

Bulenox has earned a strong reputation in the futures prop trading space since its founding in 2022 in Wilmington, Delaware. With a 4.7-star rating on Trustpilot from over 850 reviews, the firm has distinguished itself through its “Ecosystem of Trader Development” — a structured path from evaluation to Master Account to fully Funded Account trading real capital. Bulenox’s offering is particularly appealing to traders who prefer the Rithmic infrastructure and value the flexibility of End-of-Day (EOD) drawdown options.

Like several top-tier competitors, Bulenox offers a generous profit split: 100% of the first $10,000 in profits, with a 90/10 split thereafter. The firm’s evaluation accounts range from $25,000 to $250,000, with scaling potential up to $2,000,000 for traders who demonstrate consistent profitability over time.

The firm operates exclusively through the Rithmic data feed and supports NinjaTrader and Rithmic platforms. Payments are accepted via Credit/Debit Card and Crypto, with payouts processed through Bank Transfer and Crypto.

Instruments and Assets

Bulenox offers access to all major futures contracts across CME Group exchanges: equity indices (ES, NQ, YM, RTY), energy (CL, NG), metals (GC, SI), currencies (6E, 6B, 6J), and micro contracts for the most popular products. The Rithmic infrastructure provides low-latency execution that’s particularly valued by scalpers and algo traders.

Leverage

Standard 1:10 futures leverage with a tiered contract system that scales by account size. For example, the $25K account allows up to 3 contracts, the $50K allows 7, and the $250K allows up to 25 contracts.

Commissions

Commissions via Rithmic are competitive with industry norms. Professional traders using the Rithmic data feed should note that exchange data fees ($112/month per exchange) apply separately. Account resets cost $78 during the evaluation phase.

Consistency Rules

Bulenox enforces a 40% consistency rule on funded accounts — no single trading day can contribute more than 40% of total profits eligible for withdrawal. This is more lenient than Apex’s 30% and encourages reasonably consistent performance without being excessively restrictive.

Firm Rules

• One-step evaluation — single qualification phase
• No minimum trading days to qualify for Master Account (just hit profit target), though some sources indicate 5 days minimum
• Two drawdown options: Trailing (real-time, follows highest equity) or End-of-Day (calculated at session close — generally considered more forgiving)
• Daily loss limits during evaluation; removed after drawdown threshold reaches starting balance in Master Account
• Master Account → Funded Account transition happens after 3 successful payouts
• Scaling potential up to $2,000,000 for consistent performers

Challenges

Challenge	Account Size	Monthly Fee	Profit Target	Drawdown	Max Contracts
$25K Qualification	$25,000	$145	$1,500	$1,500	3
$50K Qualification	$50,000	$175	$3,000	$2,500	7
$100K Qualification	$100,000	$215	$6,000	$3,000	12
$250K Qualification	$250,000	$535	$15,000	$5,500	25

No time limit on evaluations. Bulenox frequently offers up to 83-90% discount promotions on evaluation fees. After passing, a one-time activation fee ($98-$898 depending on account size) is required for the lifetime Master Account option, or a flat $85/month alternative.

Payout Policy

• Profit split: 100% of first $10,000, then 90/10 split
• Payout frequency: Weekly, every Wednesday — requests can be submitted anytime during the month
• First payout: Requires 10 individual trading days
• 40% consistency rule applies to payouts
• Minimum withdrawal: $1,000 ($500 for $10K accounts)
• Early-stage caps ($1,000-$2,500 depending on account size); caps removed after 3 successful payouts
• Funded Account transition after 3 successful Master Account payouts — trade with real capital
• Withdrawal safety threshold reserves apply (e.g., $2,600 minimum balance for $50K accounts)