Futures prop firm

Bulenox

Delaware futures prop firm selling one-time Qualification, Fast Track and Momentum accounts up to $150K.

Founded: 2021 (5 years)
Headquarters: Wilmington, United States
Max funding: $750K
Profit split: Up to 90%
Programs: 1-step, Instant funding

NewsAllowed
EAsAllowed with limits
CopyAllowed with limits
OvernightNot allowed
WeekendNot allowed

Overview

Bulenox is a futures prop firm operated by Bulenox LLC from a registered address in Wilmington, Delaware, and its own website was already selling evaluations in June 2021. It sells three one-time-fee products in 25K, 50K, 100K and 150K sizes: a Qualification evaluation followed by a paid Master Account activation, a Fast Track account that skips the evaluation, and a Momentum evaluation whose Master stage is activated at no charge. Every account is bought with either a real-time trailing drawdown or an end-of-day drawdown with a daily loss limit and a scaling plan, and that choice cannot be changed later. Trading runs through Rithmic on more than 20 platforms, news releases can be traded, positions must be flat by 3:59 PM CT, and payouts are split 90/10. Accounts with three payouts can be reviewed for a live Funded Account.

What you trade: Futures: Indices, Forex, Energy, Metals, Agriculture, Crypto
Featured challenge: Qualification (Trailing Drawdown), $50K for $175
Accounts on offer: 24 across 6 programs

PropFirmly score

6.5/10

Trader reputation 25%: 8.5; Trustpilot 4.7 from 1,826 reviews.
Track record 20%: 6.3; 5 years in operation.
Payout terms 20%: 7.5; Profit split up to 90%.
Pricing 15%: 2.5; Featured challenge costs more than the futures median per $100K.
Rule flexibility 12%: 4.0; News, EAs, copy trading, overnight and weekend holding.
Platform choice 8%: 10.0; 9 trading platforms.

Weights and formulas are on the methodology page.

Bulenox challenges

All 24 account options. Prices are list prices before discounts, in the currency Bulenox charges.

SizeStepsSort

Challenges 24

How we check and rank firmsChecked 25 October 2026

Bulenox challenges
	Steps	Profit target	Daily loss	Max loss	Loss type			Payouts			Buy
$25K	1 StepMomentum (Trailing Drawdown)	6%	None	4%	Intraday trailing	1.50	90%	Same day, every 5 qualifying days	$376	$94	Buy
$25K	1 StepMomentum (EOD Drawdown)	6%	2.4%	4%	End-of-day trailing	1.50	90%	Same day, every 5 qualifying days	$376	$94	Buy
$25K	1 StepQualification (Trailing Drawdown)	6%	None	6%	Intraday trailing	1.00	90%	Every 10 trading days, paid Wednesdays	$580	$145	Buy
$25K	1 StepQualification (EOD Drawdown)	6%	2%	6%	End-of-day trailing	1.00	90%	Every 10 trading days, paid Wednesdays	$580	$145	Buy
$25K	InstantFast Track (Trailing Drawdown)	None	None	4%	Intraday trailing	n/a	90%	Same day, once each profit goal is met	$1,352	$338	Buy
$25K	InstantFast Track (EOD Drawdown)	None	None	4%	End-of-day trailing	n/a	90%	Same day, once each profit goal is met	$1,352	$338	Buy
$50K	1 StepMomentum (Trailing Drawdown)	6%	None	4%	Intraday trailing	1.50	90%	Same day, every 5 qualifying days	$286	$143	Buy
$50K	1 StepMomentum (EOD Drawdown)	6%	2.4%	4%	End-of-day trailing	1.50	90%	Same day, every 5 qualifying days	$286	$143	Buy
$50K	1 StepQualification (Trailing Drawdown)	6%	None	5%	Intraday trailing	1.20	90%	Every 10 trading days, paid Wednesdays	$350	$175	Buy
$50K	1 StepQualification (EOD Drawdown)	6%	2.2%	5%	End-of-day trailing	1.20	90%	Every 10 trading days, paid Wednesdays	$350	$175	Buy
$50K	InstantFast Track (Trailing Drawdown)	None	None	4%	Intraday trailing	n/a	90%	Same day, once each profit goal is met	$976	$488	Buy
$50K	InstantFast Track (EOD Drawdown)	None	2.4%	4%	End-of-day trailing	n/a	90%	Same day, once each profit goal is met	$976	$488	Buy
$100K	1 StepQualification (Trailing Drawdown)	6%	None	3%	Intraday trailing	2.00	90%	Every 10 trading days, paid Wednesdays	$215	$215	Buy
$100K	1 StepQualification (EOD Drawdown)	6%	2.2%	3%	End-of-day trailing	2.00	90%	Every 10 trading days, paid Wednesdays	$215	$215	Buy
$100K	1 StepMomentum (Trailing Drawdown)	6%	None	3%	Intraday trailing	2.00	90%	Same day, every 5 qualifying days	$248	$248	Buy
$100K	1 StepMomentum (EOD Drawdown)	6%	2.5%	3%	End-of-day trailing	2.00	90%	Same day, every 5 qualifying days	$248	$248	Buy
$100K	InstantFast Track (Trailing Drawdown)	None	None	4%	Intraday trailing	n/a	90%	Same day, once each profit goal is met	$648	$648	Buy
$100K	InstantFast Track (EOD Drawdown)	None	2.5%	4%	End-of-day trailing	n/a	90%	Same day, once each profit goal is met	$648	$648	Buy
$150K	1 StepQualification (Trailing Drawdown)	6%	None	3%	Intraday trailing	2.00	90%	Every 10 trading days, paid Wednesdays	$217	$325	Buy
$150K	1 StepQualification (EOD Drawdown)	6%	2.2%	3%	End-of-day trailing	2.00	90%	Every 10 trading days, paid Wednesdays	$217	$325	Buy
$150K	1 StepMomentum (Trailing Drawdown)	6%	None	3%	Intraday trailing	2.00	90%	Same day, every 5 qualifying days	$239	$358	Buy
$150K	1 StepMomentum (EOD Drawdown)	6%	2.2%	3%	End-of-day trailing	2.00	90%	Same day, every 5 qualifying days	$239	$358	Buy
$150K	InstantFast Track (Trailing Drawdown)	None	None	3.67%	Intraday trailing	n/a	90%	Same day, once each profit goal is met	$525	$788	Buy
$150K	InstantFast Track (EOD Drawdown)	None	2.2%	3.67%	End-of-day trailing	n/a	90%	Same day, once each profit goal is met	$525	$788	Buy

Target ÷ loss is the total profit target divided by the max loss limit. Lower means less profit is needed for each unit of risk. Prices are list prices; "Apply discount" takes off the firm's current public code, which may not cover every program. Per $100K converts EUR and GBP at a fixed rate for ranking only. Buy links go to the firm's site; some are affiliate links (PropFirmly may earn a commission).

Qualification (Trailing Drawdown)

1-step

Account sizes: $25K to $150K
Price: $145 to $325
Drawdown: Intraday trailing
Profit split: 90%
Payouts: Every 10 trading days, paid Wednesdays
Minimum trading days: None to pass; 10 trading days before each Master payout
Time limit: Access lasts 30 days from purchase and does not renew; a reset does not extend it
Fee refunded: No

Option 1 on the pricing page: the drawdown follows the highest account value in real time, open profit and commissions included, and never moves back down. The full contract limit applies from the first day.
After passing, the account is reviewed before a Master Account is offered; the one-time activation fee ($143, $148, $248 or $498) must be paid within 7 days of the activation link being sent, and there is no monthly fee afterwards.
On the Master Account the trailing drawdown stops once it reaches the starting balance plus $100 (for example $50,100 on a 50K account, reached at a $52,600 balance).
A breached Qualification Account can be reset for $78; the reset restores the balance but does not extend the 30-day access period.
The FAQ says there is no maximum number of trading days to pass, while the pricing page limits each purchase to 30 days of access.
There is no limit on the number of Qualification Accounts; Master-level accounts are capped at five per trader.

Qualification (EOD Drawdown)

1-step

Account sizes: $25K to $150K
Price: $145 to $325
Drawdown: End-of-day trailing
Profit split: 90%
Payouts: Every 10 trading days, paid Wednesdays
Minimum trading days: None to pass; 10 trading days before each Master payout
Time limit: Access lasts 30 days from purchase and does not renew; a reset does not extend it
Fee refunded: No

Option 2 on the pricing page: same prices, targets and drawdown amounts as Option 1, but the drawdown only moves after the close, based on the closing balance.
The daily loss limit ($500, $1,100, $2,200 or $3,300) counts realized and open P&L plus commissions; reaching it stops trading until the next session and is not a rule breach.
The contract limit depends on cash on hand above the starting balance and can fall again if the balance drops; see the scaling plan.
On the Master Account the drawdown locks at the starting balance plus $100, and the daily loss limit is removed at the same point.
Master activation fees and payout rules are the same as for the trailing-drawdown option.

Fast Track (Trailing Drawdown)

Instant funding

Account sizes: $25K to $150K
Price: $338 to $788
Drawdown: Intraday trailing
Profit split: 90%
Payouts: Same day, once each profit goal is met
Minimum trading days: None; payouts depend on profit goals, not trading days
Fee refunded: No

A simulated funded account bought without an evaluation; the drawdown trails in real time and locks for good at the starting balance plus $100.
The first payout opens once profit reaches $1,500, $3,000, $6,000 or $9,000; each later cycle needs $1,000, $2,000, $3,000 or $4,500 of new profit.
The minimum request is $1,000. Payouts one to three are capped at $1,000, $2,000, $2,500 or $3,000, rising to $1,250, $2,500, $3,000 or $3,500 from the fourth, and no payout may take the balance to the drawdown level.
Requests sent before 12:01 PM CT on weekdays are normally processed the same day.
Missing the consistency figure is not a breach; the trader keeps trading until it is met.
The site does not mention an activation fee for Fast Track. After at least three payouts the account may be reviewed for a live Funded Account.

Fast Track (EOD Drawdown)

Instant funding

Account sizes: $25K to $150K
Price: $338 to $788
Drawdown: End-of-day trailing
Profit split: 90%
Payouts: Same day, once each profit goal is met
Minimum trading days: None; payouts depend on profit goals, not trading days
Fee refunded: No

Same price, profit goals and payout rules as the trailing version, but the drawdown updates at the close and the contract limit is fixed and lower, with no scaling plan.
The daily loss limit ($1,200, $2,500 or $3,300) applies for the life of the account; the 25K size has none.
The drawdown locks at the starting balance plus $100.

Momentum (Trailing Drawdown)

1-step

Account sizes: $25K to $150K
Price: $94 to $358
Drawdown: Intraday trailing
Profit split: 90%
Payouts: Same day, every 5 qualifying days
Minimum trading days: None to pass; 5 qualifying profitable days per payout
Time limit: Access lasts 30 days from purchase
Fee refunded: No

One payment covers the evaluation and the Momentum Master stage, which is activated with no activation or monthly fee. Evaluation profit does not carry over.
A qualifying day needs at least $100, $150, $200 or $250 of net profit after commissions; the five days need not be consecutive.
To request a payout the balance must be at least $26,500, $53,000, $104,500 or $156,500, the minimum request is $500 (25K) or $1,000, and a reserve of $1,000, $2,000, $3,000 or $4,500 above the starting balance must remain.
Payout caps rise from $1,000, $1,500, $2,000 and $2,500 on the first payout to $1,000, $3,000, $4,000 and $5,000 from the fourth; later cycles need $1,000, $2,000, $3,500 or $5,000 of new profit.
Missing the 35% figure is not a breach; the trader keeps trading until it is met.

Momentum (EOD Drawdown)

1-step

Account sizes: $25K to $150K
Price: $94 to $358
Drawdown: End-of-day trailing
Profit split: 90%
Payouts: Same day, every 5 qualifying days
Minimum trading days: None to pass; 5 qualifying profitable days per payout
Time limit: Access lasts 30 days from purchase
Fee refunded: No

Same price, target and payout rules as the trailing version, with an end-of-day drawdown, a daily loss limit of $600, $1,200, $2,500 or $3,300 and a fixed, lower contract limit with no scaling plan.
The Momentum Master stage is activated with no activation or monthly fee.

Trading rules

What Bulenox lets you do on its accounts, taken from its rules and FAQ pages.

News trading
Allowed
Releases such as CPI, FOMC and NFP can be traded with no blackout window or forced closing; only the drawdown and contract limits apply.
Expert advisors
Allowed with limits
Bots and algorithms are allowed only as the trader's own tools for personal use; shared, rented or commercial automation is banned, and the Terms require third-party algorithms to be approved by Bulenox first.
Copy trading
Allowed with limits
The FAQ permits trade copiers, but connecting one to Rithmic through third-party API or composite software costs $100 a month and shared or commercial tools are not allowed.
Overnight holding
Not allowed
All positions must be closed by 3:59 PM CT; the trading day runs from 5:00 PM to 4:00 PM CT.
Weekend holding
Not allowed
Positions cannot be held past the daily close, so none can be carried into the weekend.

Rules to read before you buy

The risk model (trailing or end-of-day drawdown) is chosen at purchase and stays fixed for the life of the account, including the Master stage.
Each trader may have one Bulenox profile and one Rithmic User ID, and only one trader profile per household unless Compliance approves it.
Up to five Master-level accounts (Master, Fast Track and Momentum Master in any mix) can be held at once; Qualification Accounts are unlimited, and balances cannot be combined.
The trading day runs from 5:00 PM to 4:00 PM CT and every position must be closed by 3:59 PM CT.
One mini counts as ten micros, and minis and micros can be held together within the contract limit.
Commissions are included in the P&L used for the drawdown and daily loss limit.
Connecting to Rithmic through third-party API or Trader Composite Software costs $100 a month.
Traders who declare professional status pay CME, CBOT, NYMEX and COMEX data fees; the pricing page quotes $116 a month, while help centre pages quote $133 a month and $112 per exchange.

Inactivity: Master Accounts need at least one trade a week; going more than a week without trading and without telling support can lead to the account being put on hold or disabled.

How the drawdown works

Intraday trailing (Qualification (Trailing Drawdown), Fast Track (Trailing Drawdown), Momentum (Trailing Drawdown)): The loss limit follows your highest intraday equity in real time, including open profit that you later give back.
End-of-day trailing (Qualification (EOD Drawdown), Fast Track (EOD Drawdown), Momentum (EOD Drawdown)): The loss limit moves up once a day, based on your end-of-day balance, and ignores swings during the session.

Consistency rules

Qualification (Trailing Drawdown): None to pass; Master payouts need the best day at or below 40% of the period's profit
Qualification (EOD Drawdown): None to pass; Master payouts need the best day at or below 40% of the period's profit
Fast Track (Trailing Drawdown): Best day at or below 20% of cycle profit for payout 1, 25% for payout 2 and 30% after that
Fast Track (EOD Drawdown): Best day at or below 20% of cycle profit for payout 1, 25% for payout 2 and 30% after that
Momentum (Trailing Drawdown): None to pass; Momentum Master payouts need the best day at or below 35% of cycle profit
Momentum (EOD Drawdown): None to pass; Momentum Master payouts need the best day at or below 35% of cycle profit

Leverage and fees

Leverage

Leverage is not published.

Commissions

Bulenox commissions
E-mini equity index futures (ES, NQ, YM, RTY, EMD)	$2.09 per side all-in ($4.18 round turn)
Micro equity index futures (MES, MNQ, MYM, M2K)	$0.61 per side all-in ($1.22 round turn)
Energy futures	$2.26 per side for CL, NG and RB; $0.76 for MCL
Metal futures	$2.31 per side for GC, SI, HG and PL; $0.76 for MGC
Currency futures	$2.36 per side for standard contracts; $0.50 for E-micros
Agricultural futures	$2.86 per side
Crypto futures	$2.76 per side for MBT; $0.46 for MET

Payouts

Full Bulenox payout guide

Profit split: 90% to the trader on Master, Fast Track and Momentum Master payouts; Bulenox keeps 10%.
How often: Master Accounts: after every 10 trading days, with payouts processed weekly on Wednesdays. Fast Track and Momentum Master: requests can be made on any day and are processed the same day once the cycle requirements are met.
First payout: Master: after 10 trading days, with the 40% consistency rule and the safety reserve met. Fast Track: once profit reaches 6% of the starting balance with the best day at or below 20%. Momentum Master: after five qualifying profitable days, with the 35% rule and the minimum payout balance met.
Minimum withdrawal: $1,000 on Master and Fast Track accounts; $500 (25K) or $1,000 (50K and above) on Momentum Master.

Master payouts one to three are capped at $1,000, $1,500, $1,750 and $2,000 for 25K, 50K, 100K and 150K; from the fourth payout a request must be under 50% of the account's total profit.
Master Accounts must keep a Safety Threshold Reserve of $1,600, $2,600, $3,100 or $4,600 above the starting balance after a payout, so a 50K account needs $53,600 to take $1,000.
Master requests sent by 11:59 PM CT on Friday are paid in the following Wednesday's run, and the next 10-day period only starts once the previous payout has been completed.
Payouts are sent by ACH or wire transfer or by PayPal; Bulenox charges no transfer fee, though banks and PayPal may.
A withdrawal form, an ID document and a hand-signed W-9 (US persons) or W-8BEN (non-US persons) are needed before the first payout.
After three successful payouts an account may be moved to a live Funded Account at Bulenox's discretion; Master profits do not transfer, and each Funded Account starts with an initial EOD drawdown of $1,500, $2,000, $3,000 or $4,500.
Fast Track and Momentum Master per-payout caps are listed in the program notes.

Ways to get paid

ACH
Bank wire
PayPal

Scaling plan

Qualification and Master Accounts on the end-of-day risk model use a scaling plan: the contract limit is set by cash on hand above the starting balance and drops again if the balance falls.

25K: 2 contracts up to $1,500 of cash on hand, then 3.
50K: 2 contracts up to $1,500, 4 up to $4,000, then 7.
100K: 3 contracts up to $2,000, 5 up to $3,000, 8 up to $5,000, then 12.
150K: 5 contracts up to $4,000, 8 up to $8,000, 10 up to $12,000, then 15.
Trailing-drawdown accounts and the EOD versions of Fast Track and Momentum use a fixed contract limit instead.

Platforms and payments

Trading platforms

Rithmic
R|Trader Pro
NinjaTrader
Quantower
Sierra Chart
MultiCharts
ATAS
Bookmap
MotiveWave

Markets

Indices
Forex
Energy
Metals
Agriculture
Crypto

Pay for a challenge with

Credit or debit card
PayPal
Crypto

Who can sign up

Bulenox accepts traders from the United States. It lists 97 restricted countries.

Show restricted countries

Afghanistan
Albania
Angola
Armenia
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Benin
Bermuda
Bolivia
Bosnia and Herzegovina
Botswana
Brunei
Burkina Faso
Burundi
Myanmar (Burma)
Cameroon
Central African Republic
Chad
China
Congo
Cote d'Ivoire
Croatia
Cuba
Curacao
Ethiopia
Gabon
Ghana
Gibraltar
Grenada
Guinea
Haiti
Hong Kong
Iran
Iraq
Jamaica
Jersey
Jordan
Kazakhstan
Kenya
Kosovo
Kuwait
Kyrgyzstan
Lebanon
Lesotho
Liberia
Libya
Macau
Macedonia
Maldives
Mali
Mauritania
Mauritius
Mayotte
Monaco
Mongolia
Montenegro
Mozambique
Namibia
Nepal
New Caledonia
Nicaragua
Niger
Nigeria
North Korea
Occupied Palestinian Territory
Oman
Pakistan
Papua New Guinea
Republic of the Congo
Russia
Rwanda
Saint Martin
Senegal
Serbia
Somalia
South Sudan
Sri Lanka
Sudan
Syria
Taiwan
Tajikistan
Tanzania
Togo
Trinidad and Tobago
Uganda
Uzbekistan
Vanuatu
Venezuela
British Virgin Islands
Western Sahara
Yemen
Zambia
Zimbabwe

Compare Bulenox

Bulenox appears on these lists

Sources

We checked these pages on or before 25 October 2026. Firms change their terms often, so confirm the details on Bulenox's site before you pay.

Spotted something out of date? Send a correction.

Bulenox questions

How much does a Bulenox challenge cost?

List prices run from $94 for the $25K Momentum (Trailing Drawdown) account to $788 for the $150K Fast Track (EOD Drawdown) account, before any discount.

What profit split does Bulenox pay?

90% to the trader on Master, Fast Track and Momentum Master payouts; Bulenox keeps 10%.. The highest split across its programs is 90%.

How often does Bulenox pay out?

Master Accounts: after every 10 trading days, with payouts processed weekly on Wednesdays. Fast Track and Momentum Master: requests can be made on any day and are processed the same day once the cycle requirements are met.. First payout: Master: after 10 trading days, with the 40% consistency rule and the safety reserve met. Fast Track: once profit reaches 6% of the starting balance with the best day at or below 20%. Momentum Master: after five qualifying profitable days, with the 35% rule and the minimum payout balance met..

Does Bulenox allow news trading?

Allowed. Releases such as CPI, FOMC and NFP can be traded with no blackout window or forced closing; only the drawdown and contract limits apply.

Can I use expert advisors (EAs) with Bulenox?

Allowed with limits. Bots and algorithms are allowed only as the trader's own tools for personal use; shared, rented or commercial automation is banned, and the Terms require third-party algorithms to be approved by Bulenox first.

Does Bulenox accept traders from the United States?

Yes. Bulenox's terms allow US residents to sign up. It does restrict 97 other countries, listed on this page.

Which platforms can I trade on with Bulenox?

Rithmic, R|Trader Pro, NinjaTrader, Quantower, Sierra Chart, MultiCharts, ATAS, Bookmap, MotiveWave.

How long has Bulenox been operating?

Bulenox was founded in 2021 and is based in Wilmington, United States.

Still have a question?

Ask about a firm, a rule or a number that looks wrong. A link to the firm's own page helps us re-check it quickly.

[email protected]Contact page

Last checked 25 October 2026.

Bulenox

Trading permissions

Overview

PropFirmly score

Bulenox challenges

Qualification (Trailing Drawdown)

Qualification (EOD Drawdown)

Fast Track (Trailing Drawdown)

Fast Track (EOD Drawdown)

Momentum (Trailing Drawdown)

Momentum (EOD Drawdown)

Trading rules

News trading

Expert advisors

Copy trading

Overnight holding

Weekend holding

Rules to read before you buy

How the drawdown works

Consistency rules

Leverage and fees

Leverage

Commissions

Payouts

Ways to get paid

Scaling plan

Platforms and payments

Trading platforms

Markets

Pay for a challenge with

Who can sign up

More about Bulenox

Compare Bulenox

Bulenox appears on these lists

Sources

Bulenox questions