Bulenox is a prop trading firm located in the USA.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Bulenox.
Here’s what you’re going to learn:
Bulenox is a prop firm located in Wilmington, Delaware, USA.
Bulenox is a prop firm that funds traders to trade Futures. You can trade all CME (CME, CBOT, NYMEX, COMEX) Futures assets, including the Micros.
Here’s a list of all of the instruments that you can trade with Bulenox:
Bulenox has six different account sizes, which they call Programs, that you can choose from. The balances available are $10,000, $25,000, $50,000, $100,000, $150,000, and $250,000.
The costs start at $115 per month for the smallest account and go up to $535 per month for the bigger account size.
There’s no leverage, the trading account balance is the buying power, meaning that the leverage is 1:1.
Your limits are defined by the maximum number of contracts that you can trade, which depends on your account size and profit.
| Account Balance | Maximum number of contracts |
|---|---|
| $10,000 | 5 micro |
| $25,000 | 3 |
| $50,000 | 7 |
| $100,000 | 12 |
| $150,000 | 15 |
| $250,000 | 25 |
Initially, you get a 100% payout. This is valid for the first $10,000 in profits that you are able to make.
After that, Bulenox has a profit split of 90/10. This means that the trader gets 90% of the profits and the prop firm keeps 10% of the profits to them.
According to Trustpilot, Bulenox is classified as excellent. It’s scoring 4.7/5.0. It just doesn’t have many reviews, only 91 at the moment that I’m writing this review.
Depending on the account size that you are trading, you have different profit target goals and maximum drawdowns to avoid.
These rules are the same regardless of the account size that you’re applying to:
Besides those rules, you also have profit target and drawdown limits that are different depending on the account size. Here they are:
| Starting Capital | Profit Target | Max Drawdown |
|---|---|---|
| $10,000 | $1,000 (10%) | $1,000 (10%) |
| $25,000 | $1,500 (6%) | $1,500 (6%) |
| $50,000 | $3,000 (6%) | $2,500 (5%) |
| $100,000 | $6,000 (6%) | $3,000 (3%) |
| $150,000 | $9,000 (6%) | $4,500 (3%) |
| $250,000 | $15,000 (6%) | $5,500 (2.2%) |
Important to mention that this prop firm’s evaluation has one single step, unlike other firms that typically have two steps.
Algorithms and auto trading are allowed but must be approved by the Bulenox management team first. Automated scalping trading systems that take hundreds or thousands of trades and try to benefit from lack of execution are not allowed.
Bulenox offers a 14-day free trial for anyone who wants to test the system before committing.
There are no free repeats, but there’s a free reset option. The free reset will be given to you when your subscription is up for renewal and you have a broken rule.
Bulenox has frequent discounts throughout the year. At the time of this writing, the link below will give you a $50 discount on your purchase of a $50,000 account or $60 off on the purchase of a $100,000 account. If you already entered their website before, please clean your cookies before using the link or it won’t work. If necessary, use the coupon code $50OFF or $60OFF.
Bulenox recommends using NinjaTrader to trade.
Besides that, Bulenox supports the most popular futures trading platforms:
Holding trades after the close of the day is not permitted except for the $10,000 account. All positions must be closed before 3:59 PM CST, or earlier if the market close of that product is before that time. Trading can be resumed by 5:00 PM CST time.
Leaving positions open for the weekend is also not allowed.
Bulenox is aligned with day traders and day trading strategies. If you have a different trading style, you may want to check the Bulenox alternatives.
There’s no mention of restrictions on trading during news events.
If you like to trade news, then this is a good prop firm for you. You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Yes, Bulenox is a legit company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best Bulenox alternatives:
For more alternatives check our alternative prop firm tool:
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