Bulenox

At FuturesPropTrading, we aim to present you the best futures prop firms in the industry, therefore, we believe we had to introduce you to Bulenox, a newly established proprietary firm that is becoming increasingly popular these days with its competitive pricing, and a range of account sizes to meet different needs and requirements which we hope will help you determine if this prop firm could be the right fit for your trading needs.

Bulenox provides capital to futures traders that pass their evaluations. The futures prop trading firm has a variety of different size accounts to choose from. The lowest is $25,000, and it goes all the way up to $250,000 dollars. To become a funded trader with Bulenox and gain access to their funding, you have to show you can manage the risk of trading by going through their challenges.

Bulenox is also praised for its user-friendly administrative processes, fast payouts, and an excellent customer service. Offering a structured pathway to become a funded futures trader, Bulenox provides an appealing platform for those seeking to advance their funded trading career.

Bulenox Funded Trader Program offers six different account sizes starting at $10,000 – $250,000.  Traders have the ability to choose from a range of account sizes based on their expertise and experience.

Note that Bulenox runs promotions frequently and traders are often able to find some great discounts and best prices through their website.

 Account Size

 Prices (Initial month/Post 1st Month trial

 Contracts

 Goal

 Drawdown

$25,000

$145 / $65

3

$2,000

$1,500

$50,000

$175 / $75

7

$3,000

$2,500

$100,000

$215 / $215

12

$6,000

$3,000

$150,000

$325 / $325

15

$9,000

$4,500

$250,000

$535 / $535

25

$15,000

$5,500

$10,000 Micros

$115 / $115

5

$1,000

$1000

Bulenox is unique in the way their subscription work. For the initial month, traders will pay a one-time fee depending on the program that they choose. That fee will then decrease in the second month and will be fixed from then on. When signing up, traders will have two options to choose from:

  • No scaling, but trailing draw down
  • Scaling plan, end-of-day draw down

Overall, no scaling and trailing drawdown comes with higher risk, nonetheless, if trader is strategic and experienced, they will be able to meet their profit goals quicker.

Bulenox utilises the standards of the funded futures trading programs by offering Rithmic as their data feed whilst simultaneously providing NinjaTrader as a tool in the evaluation process. The license for NinjaTrader remains free of charge once funded. Bulenox does allow traders to use multiple other platforms such as DayTradr but that comes at their own expense.

Bulenox has rules and regulations that are standard across many proprietary firms. The main ones are listed below but please note that we advise ALL traders to read all of their rules and regulations on their website:

  • The evaluation process requires traders to trade for 5 days before getting a funded account
  • Ensure profit goal is met
  • Trade in the approved hours of 5pm CST – 3:30 pm CST
  • Do not trade more contracts than 1 Mini = 10 Micros
  • Trade only approved products

To see a comprehensive list of this, please go to their website.

As with the evaluation process, the rules and regulations are standard ones as with other proprietary firms out there on the market today:

  • Avoid hitting draw down or daily loss limit (IMPORTANT NOTE: The daily loss limit is not easily visible; traders must actively check)
  • Aim to reach profit goal on trading days
  • End of day draws down stop at the account initial balance

For example, say if a trader has a $100,000 account with a $3,000 trailing draw down, Once they pass $102,500, the draw down will stop at $100,000.

Once funded, there are no ongoing fees, but there is an activation fee. The activation fee is reasonably priced and based on the size of the account. We have listed the account activation fees below. If you are interested in larger account sizes, we would recommend Apex Trader Funding, because they have a monthly subscription fee once funded that is around $80 per month.

Account Size

One-time fee

$10,000

$98

$25,000

$143

$50,000

$148

$100,000

$248

$150,000

$498

$250,000

$898

For the first $10,000, there is no profit sharing with Bulenox, so traders get to keep 100% of revenue. Then there is an 80/20 split on the next $40,000. And subsequent to that, there is a 90/10 split is used where the traders get to keep 90% of earnt profits. Withdrawals can be requested throughout the month and are sent out on the 1st and 16th of each month. Once the evaluation process has been completed, traders are able to make their first withdrawal after 20 trading days and for the second/third withdrawals, they can be requested after 12 trading days between payments. From the fourth withdrawal, traders are no longer required to do a minimum number of trading days and can request withdrawals at any point.

The maximum withdrawal for each respective account is as follows:

Account Size

Maximum Withdrawal

$10,000

 $750

$25,000

 $1,000

$50,000

 $1,500

$100,000

 $1,750

$150,000

 $2,000

$250,000

 $2,500

Withdrawal methods include Wire Transfer, PayPal, ACH, Zelle, Payoneer

Bulenox is offering an exclusive 90% discount this year. Just use our coupon code FPT90 when signing up and get ready to benefit from substantial savings.

  • There are no specific consistency rules that require to be observed by the trader
  • A wide range of account sizes ($25,000 to $250,000)
  • The first $10,000 profit belongs to traders
  • After $40,000 profit, traders are able to keep 90% of their profits
  • Unlimited withdrawals are permitted after the fourth withdrawal
  • Permits Micro Bitcoin (MBT) – Most companies do not offer micro bitcoin contracts
  • Multiple withdrawal methods such as PayPal, Zelle and ACH.
  • Once evaluation process has been completed, fees are very low.
  • Great customer service
  • Withdrawals 1-3 are limited and restrictive.
  • Traders are not able to easily monitor their daily loss limit
  • No coaching offered
  • Trading restricted to futures

As mentioned at the beginning of this review, Bulenox is a relatively new prop firm on the market today, and overall, what they offer is standard in relation to other proprietary firms. The two to three main advantages include the being given the option of MBT Micro Bitcoin; they seem to be the only firm that offers this. Moreover, their withdrawal methods are straightforward and last, but not least, in the end traders get to keep 90% of their profits.

If Bulenox seems like the right firm for you, visit their website today!

Please refer to the following pages of our website to read about similar other Futures Prop Firms in the industry: Purdia Capital Review

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.

According to regulations, our company has a minimum of 5 trading days and no maximum number of days.

While using the Master account, we provide a free license for the NinjaTrader 8 trading platform.

To trade NinjaTrader on Mobile device: NinjaTrader Mobile

There are no reviews yet.

Be the first to review “Bulenox Review 2024”

Your email address will not be published.

Overall Rating