Overview:
Bulenox is a futures prop trading firm that provides traders with “Qualification Accounts” as a pathway to getting funded in a “Master Account.” They emphasize a straightforward approach with no minimum trading days required for their main evaluation.
Key Points:
- Account Sizes (Qualification): $25,000, $50,000, $100,000, $150,000, $250,000.
- Year Started: Not clearly stated on their website or in their help center.
- Minimum Evaluation Days: No minimum trading days requirement to get a Master account.
- Maximum Accounts: Unlimited Qualification Accounts; up to 11 active Master Accounts.
- Restricted Countries: Includes OFAC-listed countries (Iran, North Korea, Syria, Cuba, Crimea region of Ukraine, Donetsk People’s Republic, Luhansk People’s Republic) and also Burma (Myanmar), Ivory Coast, Belarus, Congo, Iraq, Liberia, Sudan, Venezuela, Zimbabwe.
- Straight to Funded: No, requires passing a Qualification Account.
- Swing Trading: Not allowed. The rule “All positions must be closed by 15:59 (CST)” implies no overnight or weekend holding for both Qualification and likely Master accounts.
- Trading Platforms: Rithmic R | TRADER, NinjaTrader (free license for Master Account), ProjectX, Quantower, TradingView, ATAS, Bookmap, MotiveWave, MultiCharts, Jigsaw, Sierra Chart, VolFix, Trade Navigator, Investor/RT, Overcharts, Tiger Trade, StereoTrader, EdgeProX, Replikanto, Collective2, Tradovate, CQG, MT4, MT5.
- Profit Split: 100% of the first $10,000; then up to 90% (specifically 90/10 for amounts over $10k).
Product Table (Qualification Accounts – Option 1: End-of-Day Drawdown):
| Account Size | Profit Target | Max Drawdown (EOD Trailing) | Daily Loss Limit (Optional) | Min Eval Days | One-Time Fee (Example) |
|---|---|---|---|---|---|
| $25,000 | $1,500 | $1,500 | $500 (not usually a rule) | 0 | ~$145 |
| $50,000 | $3,000 | $2,500 | $1,100 (not usually a rule) | 0 | ~$175 |
| $100,000 | $6,000 | $3,000 | $2,200 (not usually a rule) | 0 | ~$245 |
| $150,000 | $9,000 | $4,500 | $3,300 (not usually a rule) | 0 | ~$335 |
| $250,000 | $15,000 | $7,500 | $5,500 (not usually a rule) | 0 | ~$515 |
Note: Bulenox also offers “Option 2” accounts with Trailing Drawdown and different parameters. Fees are examples and subject to change. “Min Eval Days: 0” means a trader can pass as soon as the profit target is hit without breaking rules.
Pros:
- No minimum trading days required for their main evaluation (Option 1).
- Generous profit split: 100% of the first $10,000, then 90% to the trader.
- Allows a high number of Master Accounts (up to 11).
- Extensive list of supported trading platforms, including a free NinjaTrader license for Master Accounts.
- Offers different evaluation account types (EOD drawdown vs. Trailing drawdown).
Cons:
- Year of establishment is not clearly advertised.
- Strict no swing trading policy, requiring positions to be closed daily by 3:59 PM CST.
- The two different options for evaluation with different drawdown types and rules might initially be confusing.