Bulenox at a glance
An established prop trading firm, reviewed by the Tradelytic team and rated by traders.
Founded in 2021 and headquartered in the United States, Bulenox (bulenox.com) is a leading proprietary trading firm specializing in CME, CBOT, NYMEX, and COMEX futures contracts. Designed specifically for futures day traders, Bulenox provides access to simulated funded accounts ranging from $10,000 up to $250,000 across Equity, Currency, Agricultural, Energy, and Metal futures-including popular contracts such as the E-mini S&P 500 (ES), E-mini Nasdaq 100 (NQ), Crude Oil (CL), and Gold (GC).
Bulenox offers a straightforward 1-Step Qualification format with two distinct risk configurations: Option 1 (Trailing Drawdown) and Option 2 (End-of-Day / EOD Drawdown). Under Option 1, the drawdown trails unrealized intraday peaks, but traders can trade full contract sizing immediately. Under Option 2, drawdown trails only realized closed balance at the end of the trading session (with a daily loss limit and position scaling).
Trading infrastructure runs on institutional Rithmic data connectivity, supporting industry-standard platforms including NinjaTrader 8, Quantower, R | Trader Pro, and TradingView (via supported bridges). Bulenox operates with zero minimum trading days on evaluations, zero time limits, and allows full news event trading. Profit payouts feature an industry-leading perk: traders keep 100% of their first $10,000 in profits, scaling to a 90/10 split thereafter.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
Bulenox is a top-performing futures prop trading firm for active index and commodity scalpers who want flexible evaluation paths and generous early-stage profit sharing. Giving traders 100% of their first $10,000 in payouts provides immense upfront value. The ability to choose between Trailing and End-of-Day (EOD) drawdown options, paired with zero minimum trading day mandates and news trading permissions, makes the qualification phase exceptionally trader-friendly.
However, traders must carefully understand the rules governing Master (Funded) Accounts. All intraday positions must be flattened by 15:59 Central Time (CT) with no overnight holding permitted. Additionally, Bulenox enforces a 40% Consistency Rule at the time of withdrawal requests-stipulating that no single trading day can account for more than 40% of your total net profits. Lastly, professional market data feed fees ($116/month) apply if registered under professional trader status.
Our take: Bulenox is an outstanding prop firm for disciplined futures day traders who prioritize End-of-Day drawdown flexibility and 100% initial profit retention.
Pros & cons
The honest summary, weighed from our testing and trader feedback.
- 100% profit split on your first $10,000 in profit payouts (90% standard thereafter)
- Choice between Real-Time Trailing Drawdown (Option 1) and End-of-Day EOD Drawdown (Option 2)
- No minimum trading days required to pass the qualification stage
- Zero time limits on evaluation accounts
- News trading during major economic releases is fully permitted
- Traders can manage up to 11 Master Accounts simultaneously under one profile
- Institutional platform compatibility: NinjaTrader, Quantower, R | Trader Pro, and TradingView
- Trade micro futures (MES, MNQ, M2K) and standard mini futures contracts side-by-side
- Strict 15:59 CT daily market close rule (no overnight or weekend position holding)
- 40% Best Day Consistency Rule applies when requesting payouts
- Option 1 uses an intraday trailing drawdown that tracks unrealized open highs
- Monthly data feed fees apply for traders classified under Professional status ($116/month)
- Does not offer CFD, spot forex, or cryptocurrency exchange pairs
Who it's for
Here's how to tell if this prop firm is right for you.
- Trade CME, CBOT, NYMEX, or COMEX futures contracts (ES, NQ, YM, CL, GC)
- Prefer End-of-Day (EOD) drawdown calculations that do not penalize intraday floating profit spikes
- Want to keep 100% of your first $10,000 in approved payout withdrawals
- Use NinjaTrader, Quantower, or R | Trader Pro charting environments
- Want to pass challenges rapidly without mandatory minimum day requirements
- Swing trade futures contracts and need to hold positions overnight or through weekends
- Rely on single massive windfall trades to withdraw (due to the 40% consistency rule)
- Focus exclusively on spot Forex currency pairs or Crypto CFDs
- Prefer simple CFD-style web platforms over specialized futures DOM/order-flow tools
Fees & platforms
What it costs to trade, and what you'll trade on.
Bulenox provides a streamlined pricing and platform ecosystem designed specifically for futures day traders. Rather than locking traders into complex multi-phase evaluations with arbitrary deadlines, the firm utilizes a single-stage qualification structure paired with institutional-grade Rithmic connectivity, flexible drawdown parameters, and a generous 100% initial profit-sharing model. Below is a detailed breakdown of Bulenox’s evaluation tiers, risk mechanics, payout policies, and platform execution terms.
Evaluation Tiers & Pricing at Bulenox
Bulenox offers a 1-Step Qualification challenge across five account sizes ranging from $25,000 to $250,000. Profit targets, allowable drawdowns, and position limits scale with your chosen account size: $25,000 Account: Features a $1,500 profit target with a $1,500 total drawdown limit. Traders are permitted to trade up to 3 standard contracts or up to 30 micro contracts. $50,000 Account: Sets a $3,000 profit target alongside a $2,500 maximum drawdown limit. The maximum position size is capped at 7 standard contracts or up to 70 micro contracts. $100,000 Account: Requires a $6,000 profit target paired with a $3,000 total drawdown buffer. The maximum position limit is 12 standard contracts or up to 120 micro contracts. $150,000 Account: Carries a $9,000 profit target with an allowable total drawdown of $4,500. Traders can hold up to 15 standard contracts or up to 150 micro contracts simultaneously. $250,000 Account: Demands a $15,000 profit target with a $5,500 total drawdown limit. The maximum allowed volume reaches 25 standard contracts or up to 250 micro contracts.
Drawdown & Risk Rules at Bulenox
When registering for an evaluation, traders select one of two risk management models: Option 1 (Trailing Drawdown): Drawdown trails account equity in real time (tracking unrealized floating profits), while granting immediate access to full contract sizing. Option 2 (End-of-Day Drawdown): Drawdown updates only once daily at 16:00 CT based on realized closed balance, protecting against intraday volatility while enforcing dynamic contract scaling.
Profit Split & Scaling at Bulenox
Traders keep 100% of their first $10,000 in payouts. Once cumulative withdrawals exceed $10,000, all subsequent payouts follow an industry-standard 90/10 profit split in favor of the trader. To scale overall capital, traders can manage up to 11 Master Accounts simultaneously under a single profile.
Payout Policy at Bulenox
Payout requests are processed weekly on Wednesdays (and daily once specific performance milestones are achieved). Disbursements are issued via ACH direct deposit, international wire transfer, or cryptocurrency. The minimum withdrawal threshold per request is $1,000.
Trading Rules & Restrictions at Bulenox
Key operational rules include: – Time Limits: None (take as long as needed to pass). – Minimum Trading Days: 0 mandatory days during the evaluation phase. – Market Close: All open positions must be flattened daily by 15:59 CT (no overnight or weekend holding). – News Trading: Fully permitted during high-impact economic releases. – 40% Consistency Rule: Evaluated at payout; no single trading day can make up more than 40% of your total net accumulated profits.
Platform & Execution at Bulenox
Trading is powered by Rithmic data feeds with direct connectivity to NinjaTrader 8, Quantower, R | Trader Pro, Sierra Chart, MultiCharts, and TradingView. Market execution provides Level 2 depth of market (DOM) liquidity directly from CME, CBOT, NYMEX, and COMEX exchanges.