Bulenox 2025 Review

1. What is Bulenox?
2. Bulenox Pros Cons
3. Is Bulenox Legit?
4. Bulenox Challenge
5. Funded Account
6. Account Conditions
7. Payout
8. Bulenox Alternative

Our Review Method

• 55Brokers Financial Experts with over 15 years of experience in Trading check and verify carefully Proprietary Trading Firm offerings and what the challenge you have to pass to become a Funded Trader to give an expert opinion on Bulenox and its reliability

What is Bulenox?

Bulenox is a proprietary trading firm that specializes in futures trading. It offers a unique platform for traders at various levels, enabling them to improve their trading skills and gain access to global financial markets. The firm provides a range of funded account sizes, from $25,000 to $250,000, with different features catering to various trading strategies and risk appetites.

Bulenox offers traders a chance to trade with the company’s funds after passing a qualification challenge, allowing for real trading with minimal initial capital. This opportunity comes with certain risks and rules that should be carefully considered. More information on proprietary trading can be found here.

Is Bulenox Legit?

Bulenox, a US-based proprietary trading firm, is generally considered legitimate. It has positive reviews and adheres to local financial regulations, which adds to its credibility. However, as with any trading platform, it’s important to be aware of the risks and do thorough research.

• Unlike Forex Brokers who operate under specific licenses and are heavily regulated, proprietary trading firms like Bulenox usually function with less regulatory oversight. This means they might not offer the highest level of safety as they independently manage their operations and provide the capital for trading activities. Therefore, it’s crucial for traders to fully understand the risks involved in dealing with such firms.

Is Bulenox Scam?

Our review of Bulenox’s official website found no clear indicators of fraudulent activity, suggesting the company is not a scam. However, it’s important to note that proprietary trading firms are generally subject to less regulation by financial authorities compared to more heavily regulated entities. This lower level of regulation can make it challenging to definitively assess the legitimacy of such firms.

For proprietary trading, it’s key to understand the risks and choose a reputable, established company. While the financial risk is typically lower since you’re paying subscription fees instead of investing large sums, informed decision-making is crucial. Read about Real Trading with your own funds here.

Bulenox Rules

In our Bulenox review, a crucial aspect to consider is the nature of the evaluation challenge, specifically the criteria and process for enrolling in the trading challenge. This involves understanding the type of test required to secure a Funded Trading Account and the steps to become a proprietary trader. Additionally, it’s important to be aware of the associated costs for traders, typically in the form of a registration fee.

• Bulenox offers a streamlined one-step evaluation through its Qualification Account, leading successful traders to the Master Account for long-term trading opportunities. Additionally, Bulenox caters to a broader range of traders by providing a special Micro Account, suitable for those preferring to trade with smaller contract sizes and lower risk.

Account Balance and Registration Fee

To begin with Bulenox, you first need to choose the Account Balance you wish to qualify for. The challenge conditions vary slightly based on the account size selected. This choice also influences the registration fee you’re required to pay for participating in the challenge. For a comprehensive comparison of registration fees across different account options, refer to our Registration Fee comparison table.

• At Bulenox, a trader begins by registering and funding a Qualification Account, selecting an account size that fits their trading approach and risk appetite. They must then meet specific profit targets and adhere to risk management rules. Successful completion of this phase grants access to the Master Account, where traders operate with Bulenox trader funding, sharing profits with the firm.
• Overall, Bulenox Fee conditions and Account Balances are quite attractive, we found account size and fees starts from lower than competitors’ level, which is a plus.
• Bulenox provides a range of account sizes, each tailored to different trader preferences and risk levels starting from 25,000 to 250,000. Larger accounts offer greater profit potential but come with higher risk and stricter rules, while smaller accounts are more suitable for beginners or those preferring lower risks.

Profit Target

Bulenox sets a profit target of 6% across its various account sizes. This means that traders are required to achieve a 6% profit on their account balance to successfully complete the qualification phase and progress to the Master Account. The specific objectives and challenges differ slightly depending on the account size chosen by the trader.

Maximum Loss

The maximum loss allowed in Bulenox’s trading accounts, often referred to as the maximum drawdown, is set at 6%. This percentage represents the upper limit of loss a trader can incur relative to their account size before facing restrictions or closure of the account. It’s a crucial risk management measure to help traders and the firm manage potential losses effectively.

• To ensure clarity, all established rules must be adhered to during the challenge stage; failure to do so will result in the cancellation of your test. In such a case, you will be required to reset it, which entails paying an additional reset fee to participate in the challenge anew.

Minimum Trading Period

The minimum trading period required for Bulenox’s accounts, particularly during the qualification stage, is set at 5 trading days. This means traders must actively trade for at least five days within the qualification phase to be eligible for progressing to the next level or achieving certain program objectives.

See the detailed table with Bulenox evaluation conditions based on Account Size:

Bulenox Qualification Account

Free Trial

Bulenox does offer a free trial account, but it comes with specific conditions. The free trial lasts for 14 days, which includes 10 trading days, and is provided by Rithmic. This trial account is available to traders who have never used or registered with Rithmic before. At the end of the trial, traders have the option to purchase a Qualification Account from Bulenox. It’s important to note that this free trial is not a direct offering of Bulenox but rather through their partnership with Rithmic.

Bulemox Funded Account

After successfully passing the test or challenge, the trader will have their Funded Account established, a process that usually takes a few business days to activate. It is crucial to emphasize that the account’s conditions and balance will mirror those for which you qualified during your initial test. If you wish to upgrade your account to a higher grade, you will need to start from the beginning and pass the test again for the preferred Account Balance you intend to trade with.

Profit Split

The profit split at Bulenox is structured in a way that benefits the trader significantly. Once a trader becomes part of the Master Account, the first $10,000 earned is withdrawn to the trader’s bank account without any commission. After this initial $10,000, Bulenox applies a commission of 10% on the profits, leaving 90% of the profits for the trader. This means that the majority of the trading profits are allocated to the trader, providing a strong incentive for successful trading.

 

Payout and Withdrawals

At Bulenox, once traders are operating in the Master Account, they can withdraw their earnings following specific guidelines. The first $10,000 earned is commission-free, and for subsequent earnings, the trader retains 90% of the profits after a 10% commission to Bulenox. Payouts can be requested at any time during the month and are processed weekly on Wednesdays. To request a payout, traders must have completed a minimum of ten trading days.

Withdrawal Method

The minimum and maximum withdrawal amounts vary based on the account size, and various methods like ACH/Wire Transfer and PayPal are available for withdrawals.

 

Account Conditions

We review the Broker’s account options, including Platforms, Instruments, and Trading Costs. It’s crucial to consider Leverage levels and Trading conditions as well, as some Brokers restrict certain strategies in Funded accounts. Violating these terms may result in an account loss, requiring a test retake for account reinstatement. See the concise breakdown below:

Trading Instruments

Bulenox offers a diverse range of futures trading instruments, encompassing various sectors to cater to different trading preferences and strategies. Their offerings include Equity Futures, Interest Rate Futures, Currency Futures, Agricultural Futures, Energy Futures, Metal Futures, and Micro Futures.

Bulenox Commission

Bulenox primarily operates as a proprietary trading firm offering futures trading, and Bulenox commissions structure is focused on the profit split between the firm and the trader. As for spreads, since Bulenox is involved in futures trading, the concept of spreads as commonly understood in forex or stock trading might not directly apply.

Leverage

Bulenox does not offer leverage in its trading accounts. The trading account balance directly represents the buying power. This approach is straightforward and focuses on risk management, allowing traders to understand their trading capacity based on their account balance.

Bulenox App Platform

Bulenox offers compatibility with both Rithmic and NinjaTrader trading platforms, providing traders with choices for futures trading. Rithmic is known for speed and execution capabilities, while NinjaTrader offers a user-friendly interface and customization options. Traders can select their preferred platform to execute trades and manage accounts efficiently.

Trading Conditions

Based on our findings, Bulenox conditions are designed to offer traders a structured and supportive environment to showcase their trading skills and potentially access funded trading accounts. However, traders should carefully review the specific terms and conditions on Bulenox’s official website to ensure a complete understanding of the offerings and requirements.

• Bulenox employs proprietary futures trading strategies, including techniques like trend following, arbitrage, and algorithmic trading. These strategies aim for consistent profitability while effectively managing risk. Specific details of their strategies are typically proprietary to the firm, with traders expected to adhere to Bulenox’s trading protocols.
• Regarding slippage at Bulenox, it’s uncommon under normal trading conditions. However, during news events, the company enforces a restriction, preventing the opening and closing of trades within 5 minutes before and after the news release. This precautionary measure is taken as these times are typically when slippage may occur.

Bulenox Promotions

As observed, Bulenox occasionally offers promotions with available Bulenox coupons for discounts. However, it’s important to note that these conditions are typically temporary, so it’s advisable to confirm their availability when signing in to ensure you can take advantage of any discounts or promotions currently offered by the company.

Bulenox Alternative Brokers

Bulenox stands out as an appealing option for funded traders due to its competitive pricing and accommodating account sizes suitable for different investment levels. Specializing in futures trading sets it apart from many other firms, offering a distinctive opportunity. Moreover, the provision of a free trial period enables traders to test the platform without initial financial obligations.

However, it’s always prudent to evaluate and compare Bulenox’s proposal with offerings from other proprietary trading firms. Some well-known firms may provide similar conditions or cater to specific trader preferences, offering a wider selection of instruments and platforms. Nonetheless, Bulenox also presents clear advantages, which we will outline below, and provide a table comparing Bulenox to other companies for your consideration.

• FTMO — Great Swing Trading Prop Firm
• TopTier — Good for USA Trading on Funded Accounts
• The 5ers — Good range of trading Instruments