Bulenox Review 2026

Bulenox scores 69 out of 100 overall. At Bulenox the account size you buy changes the deal. The activation fee climbs steeply as size goes up, and since April 2025 your third payout forces you onto a much smaller live account, though you can copy trades across your own accounts.

Trust 70: Mostly checks out. Top factor: 5+ years in operation.
Cost 64: Pricey to get funded. Top factor: low or included data fees.
Payout 75: Strong payout terms. Top factor: high scaling ceiling.
Rules 68: Workable rules. Top factor: generous or no time limit.

BULENOX LLCDelaware, USAFounded 2021Futures prop firmRithmic, R Trader, R Trader Pro, NinjaTrader

Visit Bulenox

Firm Data Monitoring Status

Trustpilot RatingChecked weekly - last checked 2026-10-26
Sales and PromotionsNot tracked - Still Funded doesn't receive this firm's emails
Rules, Pricing and PayoutsYearly deep dive only - terms last verified 2026-07-03

At a Glance: The Four Scores

Four scores, one published method.

69/ 100

Still Funded Score

3.5

An equal blend of the four scores below. How the score is calculated.

Data Confidence: Medium

Trust Score

3.5

Is the firm legit: is it a real, accountable business, does it actually pay, and what does its track record show?

5+ years in operationverifiable business details

Cost Score

3.2

What it costs to get funded and stay funded: the eval, resets, the activation fee and data fees. Measured at today's price after any dated sale, plus how deep the firm's sales usually run.

low or included data feeseval fee vs max drawdown

Payout Score

3.8

How easy it is to get paid: how much you can take out, how fast it lands, how often, and how many accounts you can stack.

high scaling ceilingon-demand withdrawals

Rules Score

3.4

How trader-friendly the rules are: the drawdown type, how big the drawdown is next to the profit target, daily loss limits and consistency rules.

generous or no time limitnews trading allowed

Still Funded has no affiliate relationship with Bulenox and earns nothing if you sign up. Bulenox is scored on the same published methodology as every other firm.

Scores update on their own whenever this firm's data changes.

Trustpilot: The Last Four Checks

The four newest Trustpilot checks that feed the Trust score. Trustpilot is one signal, not the whole picture.

4.71,800 reviews(+0)2026-10-05
Checked 2026-10-05: 4.7 across 1,800 reviews, profile active. Review count +0 since the check before.
4.71,817 reviews(+17)2026-10-12
Checked 2026-10-12: 4.7 across 1,817 reviews, profile active. Review count +17 since the check before.
4.71,815 reviews(-2)2026-10-20
Checked 2026-10-20: 4.7 across 1,815 reviews, profile active. Review count -2 since the check before.
4.71,825 reviews(+10)2026-10-26
Checked 2026-10-26: 4.7 across 1,825 reviews, profile active. Review count +10 since the check before.

Sales We Tracked: The Last 12 Months

The sales this firm has emailed us, one dot per month. Terms only, never codes.

Nov 2025Nothing tracked
Dec 2025Nothing tracked
Jan 2026Nothing tracked
Feb 2026Nothing tracked
Mar 2026Nothing tracked
Apr 2026Nothing tracked
May 2026Nothing tracked
Jun 2026Nothing tracked
Jul 2026Nothing tracked
Aug 2026Nothing tracked
Sep 2026Nothing tracked
Oct 2026Nothing tracked

Pricing and Account Tiers

Every active eval at full price, plus the best target-to-drawdown ratio in the lineup.

Eval	Price	Sale Price	Activation Fee	Max Drawdown	Drawdown Type	Profit Target	Time Limit
25K No Scaling	$145/mo	-	$143	$1,500	Intraday Trailing	$1,500	None
25K EOD	$145/mo	-	$143	$1,500	End-of-Day Trailing	$1,500	None
50K No Scaling	$175/mo	-	$148	$2,500	Intraday Trailing	$3,000	None
50K EOD	$175/mo	-	$148	$2,500	End-of-Day Trailing	$3,000	None
100K No Scaling	$215/mo	-	$248	$3,000	Intraday Trailing	$6,000	None
100K EOD	$215/mo	-	$248	$3,000	End-of-Day Trailing	$6,000	None
150K No Scaling	$325/mo	-	$498	$4,500	Intraday Trailing	$9,000	None
150K EOD	$325/mo	-	$498	$4,500	End-of-Day Trailing	$9,000	None
250K No Scaling	$535/mo	-	$898	$5,500	Intraday Trailing	$15,000	None
250K EOD	$535/mo	-	$898	$5,500	End-of-Day Trailing	$15,000	None

Best Target-to-Drawdown Ratio
Profit target divided by max drawdown, shown target first. Lower is better: less profit to earn per dollar of drawdown. Some firms sell targets smaller than the drawdown, so the ratio can run below 1 : 1, and 1 : 1 is not a bottom.
1 : 1
25K No Scaling, 25K EOD
$1,500 target / $1,500 drawdown

Every account above includes 1 free reset credit at full price.

Pros and Cons

Pros

Registry-confirmed Delaware LLC with a real paper trail: file 4611880, formed January 2021, corroborated by the domain registration, the Terms date and the Trustpilot profile claim
Payouts backed by many trader reports: dated 2026 Trustpilot confirmations including Wise payouts, reviewers citing years of on-time payments, and weekly Wednesday processing corroborated by third-party coverage
A Trustpilot profile built without review invites until mid-2026, with recent reviews centered on payout reliability and payment speed
Forgiving eval: no time limit, effectively a one trading day minimum, no eval consistency rule, and a monthly subscription that simply continues instead of expiring
Cheap and unusual reset policy: $78 mid-cycle, plus a free automatic reset on every billing date after a violation, with completed trading days preserved
Drawdown choice at every size for the same price: real-time trailing with full contracts from day one (Option 1) or end-of-day trailing with a soft daily loss limit and a scaling ladder (Option 2)

Cons

The forced move to live is the biggest risk here. After three successful payouts on the Master, Bulenox's funded account, the Risk Management Department moves you, at its sole discretion, to a live Funded Account capped at about 10% of the account size. All your active Masters merge into it, refusing closes the Master with no payout, and the Funded Account's drawdown and profit split are not published
The Master activation fee scales hard with account size: $143 at 25K to $898 at 250K, applies to both options, and is untouched by promo codes; competitive at the small end, prohibitive at the large end
Early withdrawals are limited three ways at once. The first three payouts are capped by size ($1,000 to $2,500 per request), a safety reserve of $1,600 to $5,600 stays locked until you end the Master Agreement, and a strict 40% consistency check applies to every request
Stale paperwork: the July 2021 Terms of Use still say the firm doesn't provide live trading, contradicting the April 2025 Funded Account rules, and several help pages carry 2021-2023 update stamps
The automation marketing doesn't match the contract. The help center says copiers, algos and bots are not forbidden, while the Terms ban scalping algorithms, require management approval for any third-party algorithm, and let the firm refuse profit claims on suspected abuse
Leadership is not publicly disclosed anywhere found, and the HQ is a mailbox-style virtual suite at a mass registered-agent address in Wilmington

Rules at a Glance

The rules that fail people. Tap the info icon beside a rule for the plain-terms version.

DrawdownIntraday trailing / EOD trailing
How your drawdown line moves. End-of-day trailing rises with your closing balance; intraday trailing rises with every tick of open profit; static never moves. The type decides how much of your own gains you can give back.
Trailing Drawdown Explained
Daily Loss LimitSoft, on some plans
The most you can lose in one session before the day ends. A soft limit ends your day and keeps the account; a hard limit ends the account.
Keeping a Funded Account
Consistency RuleFunded only
Caps how much of your profit can come from one day. Some plans use it in the eval, some once you are funded, and some in both.
Prop Firm Consistency Rule Explained
How Long You Must Hold a TradeNo minimum
Whether every trade has to stay open for a set time before you can close it. Some firms set no time but still limit scalping.
Weekend HoldingNot allowed
Whether positions can stay open over the weekend. Not allowed means everything must be flat before the Friday close.
AutomationAllowed, with limits
Whether bots, EAs and algos are allowed to place trades, at the eval stage and at the funded stage.
Markets You Can't TradeNot yet verified
Markets the firm will not let you trade in this program.
Sim or LiveMust move to live
Whether the funded account is simulated, live, or starts simulated and can move to live.
Three successful payouts on a Master Account move you to a live Funded Account at the sole discretion of the Risk Management Department (since 2025-04-28). Refusing the move closes the Master Account with no payout.
Funded Trader Earnings
Accounts at OnceUp to 11 funded
How many funded accounts you can hold at the same time at this firm.
Account Stacking
Copy Your Own AccountsAllowed
Whether you may copy your trades across your own accounts at this firm with a trade copier or within your broker.
Account Stacking

Rules Detail

Two drawdowns, same price, chosen per account at checkout. Option 1 is an intraday trailing drawdown that follows your open profit and your closed trades, commissions included, with no daily loss limit and your full contract cap from day one. Option 2 moves only on a new end-of-day balance high, adds a soft daily loss limit that pauses you for the day, and unlocks contracts as profit builds. Either one suits me at 25K; both are 1:1 there, and the drawdown type has never picked a firm for me.

The eval asks almost nothing: no time limit, one trading day minimum, no consistency rule, and a violation before your billing date gets a free reset with your completed days intact. The Master is where the rules pile up. Every withdrawal request needs 10 completed trading days behind it, at least $1,000, your best day at 40% or less of your profit balance, and a locked safety reserve left in the account. That is four limits on one request, and I count that as a real downside.

Then the rule that defines this firm. Three successful Master payouts trigger a move to a live Funded Account at the risk desk's discretion, at roughly a tenth of your nominal size, with every active Master folded into one and refusal closing the Master with no payout. A forced move that also shrinks you is not trader friendly, and I would look elsewhere. Automation needs written approval under the Terms.

The live Funded Account: (a) balance caps of $2,500, $5,000, $10,000, $15,000 and $25,000 by size, about 10% of the account size you bought; (b) all your active Master Accounts merge into one Funded Account, and Masters you have not activated go on hold; (c) each payout request there needs at least 5 completed trading days; (d) its drawdown rules and profit split are not published anywhere, the biggest open question with this firm. Other rules: all positions must be closed by 3:59pm CT every day (no overnight or weekend holding; weekends and holidays are not trading days). News trading is allowed, with no published limit. Micros count 10 to 1 against the contract limit. No minimum hold time and no inactivity rule are published. The July 2021 Terms of Use still say Bulenox doesn't offer live trading, which the April 2025 Funded Account rules contradict; the newer page is the one that applies.

Source - logged 2026-07-30

Payouts at a Glance

Profit split, speed and the first payout. Tap the info icon for the detail. The evidence is under Payout Evidence below.

Profit Split100% of the first $10,000, then 90/10
Your share of the profit you withdraw. The firm keeps the rest.
100% of the first $10,000 you withdraw, then 90/10 (the firm's 10% is taken at transfer)
Payout Process
First Payout10 trading days
The number to hit before your first payout: trading days, winning days, or a payout buffer (the profit a firm makes you keep in the account).
At least 10 completed trading days on the Master, your best day at 40% or less of your profit, a $1,000 minimum request, and the safety threshold reserve left in the account.
Payout Process
How Often You Can Get PaidWeekly
How often you can request a payout once you meet the first payout rules.
Request anytime during the calendar month; all payouts processed once a week on Wednesdays
Payout Process
Payout MethodACH, wire, PayPal, Wise
How the money reaches you: a bank transfer, a payment app, or a brokerage transfer.
ACH / wire transfer, PayPal, Wise
Payout Process
Max Payout per RequestFirst 3 payouts capped
The most you can take in one withdrawal.
First three payouts capped by size: 25K $1,000, 50K $1,500, 100K $1,750, 150K $2,000, 250K $2,500; no cap after the third payout
Funded Trader Earnings
Lifetime CapMoves live after 3 payouts
The most one account can pay out before it closes or moves to live, if the firm publishes a limit.
No lifetime cap is published for the Master. The real limit is the forced move to the live Funded Account after 3 successful Master payouts: after that, your payouts follow the Funded Account's terms, and its profit split and rules are not published.
Funded Trader Earnings
ScalingContract limit steps up
How the account grows: with your balance, by contract limit steps, or by profit split steps.
On Option 2 only, your contract limit goes up in steps as your balance (Cash On Hand, Bulenox's word) grows, and withdrawals can lower it again. Option 1 has no steps: full contracts from day one.
Funded Trader Earnings
Payout SpeedWeekly, on Wednesdays
How long the firm takes to process a payout request. Your bank or payout service can add its own time.
Weekly batch processing on Wednesdays; third parties report 3-7 business days to arrival
Payout Process

Payout Evidence

Community-reported on Trustpilot, 2026-06-19: A reviewer reports two payouts totaling $3,000 delivered via Wise without problems (2026-06-19). Reported, unverified. Source
Community-reported on Trustpilot, 2026-03-12: A reviewer describing themselves as a five-year customer across multiple firms reports a Friday payout request paid promptly (2026-03-12). Source
Community-reported on Trustpilot, 2026-04-23: A reviewer reports three years of consistent on-time payments (2026-04-23). Long-horizon reports like this one are worth more than first-payout excitement, but it is still one account. Source

What Has Changed at Bulenox

Everything we have logged about this firm, newest first. Tap the info icon for the note. Sources are under All Events below.

Productlogged 2026-07-30
Product, logged 2026-07-30
The 10K account was removed from the homepage while older help pages still list it. We do not know when it was removed, but when we checked on 2026-07-06 it was missing from both the homepage and the Master activation fee list, so the firm's own pages disagree with each other.
Rules2025-04-28
Rules, 2025-04-28
Bulenox added a live Funded Account stage: a forced move to live, at the firm's discretion, after three Master payouts, balance caps of about 10% of the account size, all Masters merged into one Funded Account, and refusing closes the Master with no payout. This changes what a funded trader actually gets, and refusing it costs you the account.
Founded2021-01-04

No other changes logged since 2026-09-05.

All Events

Productlogged 2026-07-30
The 10K account was removed from the homepage while older help pages still list it. We do not know when it was removed, but when we checked on 2026-07-06 it was missing from both the homepage and the Master activation fee list, so the firm's own pages disagree with each other.
Source
Rules2025-04-28
Bulenox added a live Funded Account stage: a forced move to live, at the firm's discretion, after three Master payouts, balance caps of about 10% of the account size, all Masters merged into one Funded Account, and refusing closes the Master with no payout. This changes what a funded trader actually gets, and refusing it costs you the account.
Source

Verdict: Who Bulenox Fits

Who this firm fits and who should walk away, in my words.

Good Fit For

Anyone who buys by the target-to-drawdown ratio. Both 25K accounts are 1:1 at the same price, and I would take either option.
Stackers: eleven accounts and copying your own trades is allowed, which I call decent, and a weekly Wednesday payout day is fine by me.
Scalpers who are flat by the close anyway and want a no-time-limit eval with a free reset on the billing date after a violation.

Walk Away If

You want to stay on sim. Three Master payouts force a live account at about a tenth of the size, and I would look elsewhere.
You are buying above 50K. The activation fee climbs to $898, and I would not pay more than $200 on any size of account.
You want your first payouts without limits. Size caps, a locked reserve and a 40% check on every request are a lot to clear first.

Strategic Edges

Buy small: the fee structure is built for the 25K and 50K, where activation costs about a month of subscription; at 150K and 250K both the activation math and the migration ceiling work against you
Pick the option that matches your style: Option 1 gives full contracts from day one for traders who bank profit fast, Option 2 an end-of-day trailing drawdown and a soft daily loss limit for anyone who lets trades breathe
List every payout rule before you activate: 10 completed trading days, the $1,000 minimum, your account size's safety threshold, the caps on the first three payouts and the 40% rule
Time failures against the billing date: a rule violation before your billing date triggers a free automatic reset with trading days preserved, so a well-timed restart costs nothing instead of $78
Check the web address before you buy: look-alike domains copy Bulenox's official pages.

Compared with Other Firms

The firm scored closest to this one on each score, and the lists this firm is on.

Closest on Overall: MyFundedFutures (69 vs 69)
Closest on Trust: MyFundedFutures (70 vs 70)
Closest on Cost: Leeloo Trading (65 vs 64)
Closest on Payout: Apex Trader Funding (75 vs 75)
Closest on Rules: Phidias Propfirm (68 vs 68)

The lists this firm is on:

Frequently Asked Questions

What is the difference between Option 1 and Option 2 at Bulenox?

The drawdown, and everything that follows from it. Option 1 runs a real-time intraday trailing drawdown that trails your open profit and includes commissions, with no daily loss limit and your full contract cap from day one. Option 2 runs an end-of-day trailing drawdown that only moves on a new end-of-day balance high, with a soft daily loss limit and a contract ladder that unlocks as profit builds. Same price either way, chosen at purchase, per account.

Does Bulenox allow trade copiers and automated trading?

With approval, and get it in writing. The help center says copiers, algos, and bots are not forbidden, but the Terms of Use requires management approval for any third-party algorithm, bans scalping algorithms and rapid algorithmic bursts outright, and reserves the right to refuse profit claims on suspected abuse. The contract is the stricter document and the one that governs.

Can you hold trades overnight at Bulenox?

No. All positions must be closed by 3:59pm CT every day, on the eval and on the Master, and weekends and holidays are not trading days. Bulenox is an intraday firm, full stop.

What is the 40% consistency rule at Bulenox?

At every withdrawal request on the Master, your best single day can be at most 40% of your total profit balance at the time you ask. Failing the check blocks that payout but doesn't violate your account, so the fix is more profitable days, not a reset. There is no consistency rule on the eval, and on your first withdrawal the safety threshold counts toward the math.

What is the Bulenox safety threshold?

A reserve that must stay in your Master Account when you withdraw, sized by tier: $1,600 on the 25K up to $5,600 on the 250K. It is not gone, it is locked; the reserve becomes withdrawable when you terminate the Master Agreement. Add it to the $1,000 minimum withdrawal and the caps on the first three payouts and you get the real answer to how much you need to earn before money starts moving.

What happens after three payouts at Bulenox?

You get moved to a live Funded Account, at the Risk Management Department's sole discretion. The live account carries roughly 10% of your nominal size, all your active Masters consolidate into it, rewards there require at least five completed trading days per request, and its drawdown and profit split are not published. Refusing the transition closes your Master with no payout. This has been the model since April 28, 2025.

Is Bulenox legit?

Legit, yes. A registry-confirmed Delaware LLC operating since January 2021, a 4.7 Trustpilot across 1,825 reviews, most of it built before the firm began inviting reviews in mid-2026, and payouts backed by many trader reports, including dated 2026 confirmations. Transparency is the part that lags: leadership is undisclosed, the Terms of Use date from July 2021, and the live Funded Account stage runs on unpublished terms; the cons above and the two FAQs on ownership and the three-payout move cover each one.

Who owns Bulenox?

Nobody says, and that is the honest answer. The founder and leadership are not publicly disclosed on the site, in the Terms of Use, in the Delaware registry entry, or anywhere in the third-party coverage we could find. The entity itself is real and registry-confirmed, Bulenox LLC, Delaware file 4611880, formed January 4, 2021, but the people behind it stay anonymous.

How much does Bulenox cost?

The subscription runs $145 to $535 per month by account size, 25K through 250K, and auto-renews every 30 days until you cancel. Passing adds a one-time Master activation fee of $143 to $898 by size, covering data and maintenance. Resets are $78 mid-cycle, with a free automatic reset on your billing date if you violated a rule before it. There is no time limit on the eval, so one month can be all you pay for it, but there are also no refunds under any circumstances. One honest note on the price cards: the struck-through figures the firm shows next to its own homepage discounts match the real full prices, not inflated ones.

Does Bulenox work with Tradovate or NinjaTrader?

NinjaTrader yes, Tradovate no. Bulenox runs entirely on Rithmic infrastructure, so you trade through R Trader, R Trader Pro, NinjaTrader 8, or any Rithmic-compatible front-end, and the firm provides a free NinjaTrader 8 license on the Master Account. Tradovate is not supported here. One warning while you set up: your Rithmic professional or non-professional status is elected once and cannot be changed later, and professional status costs $116 per month in exchange data fees.

About the Author

Lane Dotson

Founder of Still Funded and Trend Friend

Active futures day trader with more than 13 years in the markets. Founder of Still Funded and operator of Trend Friend.

More about Lane on his author page.

Affiliate Disclosure

Still Funded scores every firm on the same data, and affiliate relationships do not affect our scoring. Still Funded has no affiliate relationship with Bulenox and earns nothing if you sign up. Bulenox is scored on the same published methodology as every other firm.

Read the full Affiliate Disclosure for how we handle partnerships and links site-wide.