Bulenox review
Budget futures firm with 100% of the first $10k and weekly payouts.
Profit split
100%
First payout
~7 days
Drawdown
Intraday trailing
Payout proof
76/100
BEACON at checkout.The verdict
Generous headline economics — full profit on the first $10k and weekly processing — inside a SIM-only wrapper typical of the budget futures cohort. Good value if you keep size sane and treat the trailing drawdown with respect.
How Bulenox actually works
Bulenox is a Delaware-registered futures prop firm, operating since 2021, built around aggressive discounting and unusually generous early-payout economics: 100% of the first $10,000 in profit before the split drops to a standard 90/10. Like most of the budget futures cohort, the entire account structure is simulated — there is no live order routing to an exchange — but the trading experience runs through mainstream platforms including Tradovate, NinjaTrader and TradingView with Rithmic data.
The firm gives traders a choice between intraday and end-of-day drawdown calculation at signup, similar to a handful of other newer futures firms, and does not impose a minimum number of trading days to move from the Qualification stage into a funded Master account. Independent reviews rate it well on cost-conscious value, while flagging the usual caveat for the category: a shorter public track record than the decade-old incumbents.
Pros
- 100% of the first $10,000 profit, then a 90/10 split
- Choice of intraday or end-of-day drawdown at signup
- No minimum trading days to reach a Master (funded) account
Cons
- Fully SIM-based structure with no live order routing
- Smaller public payout trail than Topstep or Apex
Key facts
- Founded
- 2021
- Headquarters
- Wilmington, Delaware, USA
- Evaluation
- 1-step
- Entry price
- $50
- Max allocation
- $200k
- Payout frequency
- Weekly, processed Wednesdays
- Consistency rule
- None on Qualification, plan-dependent on Master
- Platforms
- Tradovate, NinjaTrader, TradingView, Rithmic
Rules that decide the outcome
100% of first $10,000, then 90/10 split
The first $10,000 in funded-account profit is paid in full before the standard 90% trader / 10% firm split applies — a materially better early-payout structure than most rivals.
Choice of intraday or end-of-day drawdown
Selected at signup, this determines whether your stop-out level trails your equity tick by tick or only recalculates at session close — pick end-of-day if you want the more forgiving mechanic.
No minimum trading days on the Qualification stage
Once the profit target is hit and at least one trading day has been logged, the account can move to the Master (funded) stage without waiting out a fixed calendar period.
Payouts: how money leaves Bulenox
Bulenox processes payouts weekly, on Wednesdays, which is faster than the bi-weekly norm at many futures and forex firms alike. That cadence, combined with the 100%-of-first-$10k rule, makes early withdrawals unusually favourable relative to the entry price.
As with the broader budget futures cohort, the public payout evidence — while real and growing — is thinner than at Topstep or Apex. Confirm current processing times directly and start with a single funded account before running the multi-account model some Bulenox traders use.
What it really costs
Evaluation pricing starts around $50 with active discount codes pushing it lower, consistent with the budget futures segment. There is a recurring reset or activation cost structure typical of this cohort — check the current fee schedule for the specific account size and drawdown type you select.
Because Bulenox is entirely SIM-based, there are no live-market execution costs, but that also means the 'trading' you do never actually reaches an exchange — treat the funded account as a performance-based revenue share, not a brokerage account.
Good fit for
- · Cost-conscious futures traders who want the lowest possible entry price
- · Traders who want a large share of early profit paid in full
- · Anyone who prefers choosing their own drawdown mechanic
Look elsewhere if
- · Traders who need live order execution rather than a simulated funded account
- · Anyone prioritising the longest possible public payout history
- · Multi-account scalpers who haven't budgeted for recurring per-account fees
Bulenox FAQ
Does Bulenox pay 100% of profit?
Only on the first $10,000 of funded-account profit. After that threshold, the standard 90% trader / 10% firm split applies.
Is Bulenox a live or simulated account?
Simulated. Like most budget futures firms, Bulenox mirrors your trading performance internally and pays you a share of the simulated result rather than routing orders to a live exchange.
How fast does Bulenox pay out?
Weekly, processed on Wednesdays — one of the faster cycles in the futures prop category.
Can I choose my drawdown type at Bulenox?
Yes — intraday and end-of-day trailing drawdown are both offered at signup, and the choice significantly affects how forgiving the account is to trade.