Bulenox Trading Review for 2024
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Last Updated: September 28, 2023
Cost:
From $66
Instruments:
Futures
Discount Codes:
- BF25: 25K @ $14
- BLACK90: 50K @ $15.25
- BF100: 100K @ $27.50
Multiple Accounts:
Up to 11
Days to Funding:
5 min - no max (New Update)
Package:
Ninjatrader, Rithmic
Highlights:
- Up to 90% of your profits
- Free trading terminal
- 100% of first $10K without commission
Bulenox Overview
Bulenox-funded trader program offers traders multiple approaches to funding at a deep discount. Micro traders, aggressive traders, and traders looking for more trader-friendly EOD drawdown and structure will find a home at Bulenox. We have worked out some deep discount codes up to 90% off evaluations to give you a chance to try to get funded with this new prop firm.
Bulenox is the next-generation global platform created by traders for traders. Their unique approach lies in the ability to combine years of trading experience. As a result, Bulenox's clients have access to the most cutting-edge technology available, which allows them to trade in global financial markets freshly and safely.
The greatest advantage that Bulenox possesses is the accessibility to everyone interested in global financial markets and, in particular, the fascinating world of futures trading. The prop firm eliminates the need to worry about capital safety or the financial threshold required to participate in the auction. Flexible conditions allow traders to trade with ease and give them complete freedom. Bulenox's loyal approach is also the most liberal and democratic regarding compensation.
The trader funding company also promises to meet all obligations under the company's regulations within the established rules.
Bulenox is quickly becoming a popular funding futures trader evaluation. We had several new companies in 2021, and there is a lot of competition. As a result, Bulenox's pricing, account sizes, and rules are very competitive.
Here are the few things that attracted us to Bulenox:
- Trading your plan from the first day
- Ability to get the first $10,000 commission-free
- Multiple paths to funding
- The profit potential is up to 90%
- The trading terminal is free to use
- Registered in the United States, although it's in Delaware state
Bulenox Promo Codes
Bulenox 2023 Important Updates and Changes
As a loyal Bulenox Trading customer, I am thrilled to share the latest and greatest updates from the platform. The Bulenox team has worked hard to improve your trading experience, and the February update is packed with exciting new features.
First, I am pleased to announce that the qualifying period for the Master Account has been reduced from 10 to just 5 trading days. This means you can now access cutting-edge trading tools quickly, allowing you to level up and take your trading to the next level.
Bulenox has also extended trading hours to give traders more flexibility and greater earning potential. As a result, all positions must be closed by 3:59 PM CST. However, this gives you more time to explore markets and find profitable opportunities.
And if more was needed, Bulenox has also streamlined its payout process to allow faster and more convenient withdrawals. For example, you can request a payout after completing ten trading days. In addition, all payouts will be processed once per week on Wednesday. This is a significant improvement that will allow you to access your earnings more quickly than ever before.
Bulenox also has a simplified commission structure that rewards you for your achievements. The first $10,000 of your profits can be withdrawn without any commission. You will then receive 90% of any profits above $10,000. This gives you an even greater incentive to reach your trading goals.
With these updates, I am more confident than ever in Bulenox's ability to provide me with the tools and support I need to succeed as a trader. The reduced qualifying period, extended trading hours, faster payouts, and simplified commission structure all work together to create a platform that is truly focused on helping traders achieve their goals. I can't wait to see what the future holds for Bulenox Trading, and I know that the team is working hard every day to make the platform even better.
How Do No Scaling Accounts Compare?
At full price, accounts are very competitive, and 80% off is the best value in the No Scaling genre.
For those unfamiliar - no scaling genre allows traders to start trading full size immediately without the restrictions of scaling up position size. Additionally, there are no daily loss limits, just one profit target and one drawdown figure.
Going live only has a one-time setup fee. After that, Bulenox will cover data and platform-related expenses from their partners. At Bulenox, there is a $148 one-time setup and activation fee for a $50,000 account going live. Competitors charge $85 monthly and ask you to have your charting platform.
Bulenox, like many No Scaling companies, will ask you to keep a cushion when making withdrawals. It will also have a maximum withdrawal limit during the first few months to allow traders to grow their accounts properly. A one-time setup fee will save hundreds, if not thousands, in a live account or, as Bulenox calls it - Master account fees.
Is Bulenox Best Value EOD Drawdown Program?
Evaluation value with the current sale is superior to our two top-ranked EOD drawdown programs. As a result, Bulenox has massive potential and a chance to dethrone Uprofit Trader and Earn2Trade Gauntlet Mini programs.
It will come down to traders' preference in speed to funding, time looking to spend with the prop firm growing before cashing out, and the importance of trading with a company with a long track record.
Perfect chance to try this funded trader program at the current massive 80% discount and decide how you like working with their funding team in evaluation and funded format.
Most Popular Bulenox Trading Plans
| Account Size | $10,000 | $25,000 | $50,000 | $100,000 | $150,000 | $250,000 |
|---|---|---|---|---|---|---|
| Max # of Contracts | 5 mini | 3 | 7 | 12 | 15 | 25 |
| Profit Target | $1,000 | $1,500 | $3,000 | $6,000 | $9,000 | $15,000 |
| Drawdown | $1,000 | $1,500 | $2,500 | $3,000 | $4,500 | $5,500 |
| Price | $115/month | $145/month | $175/month | $215/month | $325/month | $535/month |
| Price with 50OFF code | $54.05/month | $68.15/month | $82.25/month | $101.05/month | $152.75/month | $251.45/month |
Bulenox Trading Program Pricing and Evaluations
Bulenox has a unique pricing system that we haven't seen anywhere else in 2 different ways.
- Coming months are cheaper - The two prices above are the 1st and 2nd months, respectively.
- You have two options when signing up:
- No scaling but trailing drawdown
- Scaling plan but end-of-day drawdown
It is up to you which of the two plans you choose from b. It's up to you to decide which plan is better or easier. It's up to you. It all depends on how many trades you make. While scaling plans can be frustrating, intraday trailing drawdowns can also be irritating. Although trailing drawdown and scaling are riskier than other options, you can still reach your goal if you play your cards well.
Available Software
Bulenox follows the standards of funded futures trading programs. It offers Rithmic as a data feed and account connection and provides NinjaTrader for evaluation. As far as we know, you can continue using the free NinjaTrader license after funding. The Bulenox Trading site has a fairly extensive walkthrough of connecting your NinjaTrader account under the Help Center -> Connection tabs.
Multiple platforms can be used, but you'll need to create them. In the help section, you will find a comprehensive list. For example, we use Jigsaw Dailytradr, which is supported.
After clicking on their Automated Trader Tools link on the site, you will be redirected to a Rocas Trading website that has the following tools listed:
- ATM Position Management - € 100.00
- Copy Trading - Unclassified Price
- Keeper. Save Your Account - € 400.00 (Discounted price)
- Marble: Nasdaq / MicroNasdaq Conservative System - € 200.00–€ 1,900.00
- Speed - € 100.00
- Trend Friend - € 100.00
* It is worth noting that we did not purchase any automation tools during this review.
Evaluation Rules - Qualification Account
These are the general rules. Please refer to the site for specific rules.
- Trade within 10 Days
- Do not exceed the maximum drawdown
- Trades can be made between 5 pm and 3:30 pm CST.
- Do not trade more than permitted. 1 Mini = 10 Micros for Bulenox
- Only trade-approved products (standard with any firm)
Funded Account Rules - Master Account
To get the funded account live, you must ensure that your profit target was reached and that you have traded for a minimum of 10 days. Next, you will need to submit the ticket to Bulenox through your account and state your full name, email, and Rithmic User ID, and if you have additional accounts, you will need to submit those account numbers.
The validation of your information will take up to 48 hours, according to the Bulenox website. After that, they will email you instructions, a certificate, a questionnaire, and the contract. At that time, you will no longer need to pay the Qualification Account subscription.
These rules are pretty standard. Trade as normal, but don't exceed your daily loss limit or drawdown. Notice that we were not able to see the daily loss limit. There is usually one, but it can change from time to time. The account's initial balance is at the end of the day.
Suppose you have a $50,000 account and a $2,500 trailing drawdown. Your drawdown will stop at $50,000 once you reach $52,500.
Fees for a Funded Account
You can pick two choices when it comes to the fee schedule for your Master Account.
Option 1: you will need to pay a monthly fee of $85 that will cover a data feed and maintenance fee, regardless of the size of your selected account.
Option 2: there will be no monthly fee; however, you will need to pay a one-time fee for the same things mentioned above. The fee is based on the size of your selected account and is as follows:
- $10,000 Account - $95
- $25,000 Account - $135
- $50,000 Account - $145
- $100,000 Account - $245
- $150,000 Account - $495
- $250,000 Account - $895
Funded account withdrawal frequency & methods.
The traders get 100% of the first $10,000. The next $40,000 is a split of 80/20. The next $40,000.00 is a 90/20 split.
- You can request payouts at any time. They are sent out every 1st and 16th month.
- After 20 trading days, the 1st withdrawal can be requested
- After 12 trading days, 2nd and 3rd withdrawals may be requested
- No minimum trading day is required for the 4th withdrawal or any subsequent withdrawals
- The minimum withdrawal amount for payments 1 through 3 is $1,000. Maximum withdrawals for payments 1 through 3 are:
- $10,000 account: Maximum withdrawal of $750
- Maximum withdrawal $1,000 from $25,000 account
- $50k account maximum withdrawal of $1,500
- Maximum withdrawal of $1,750 from a $100,000 account
- Maximum withdrawal of $2,000 for accounts over $150,000
- $250,000 account: Maximum withdrawal of $2,500
- You can withdraw using the following methods: ACH/Zelle, Wire Transfers, PayPal, or Payoneer.
Bulenox Reviews and Social Media
Bulenox on Trustpilot
On Trustpilot, Bulenox is rated as "Excellent" with a 4.7/5.0 score. There is barely 1% of "Bad" reviews, with 93% of reviewers rating this futures prop firm as "Excellent." The company has claimed its Trustpilot profile. However, they haven't verified it yet. According to the Trustpilot category rating, Bulenox is ranked 32nd out of 106 best companies in the Alternative Financial Service category on Trustpilot.
Bulenox on Scamadviser
It is fairly easy to tell that the Scamadviser rating for Bulenox is flawless, with a perfect scam safety score of 100/100. The website has a customer rating of 4.8 out of 5.0 based on 75 reviews. There is only one negative highlight of Scamadviser noted. However, it is not a significant one. The only negative quality they highlighted is that the Bulenox website owner uses the privacy setting on the site that hides their identity on WHOIS. We did not deem this as a significant issue.
The following are the positives:
- Tranco ranked this website as popular.
- It appears to be an online shop.
- This site has received positive reviews.
- The SSL certificate is valid (source and Xolphin SSL Check).
- According to DNSFilter, this website is secure.
- According to Flashstart, this website doesn't contain phishing or malware.
Bulenox on Twitter
Bulenox has tweeted a total of 85 tweets at the time of this writing, around eight tweets per month. The prop firm has gathered 294 followers and is currently following 53 Twitter accounts. The date of the account's establishment is January 2021, so the account is still somewhat new. Like Bulenox Facebook and Instagram accounts, Twitter is mostly used for posting current deals, discount codes, and news.
Bulenox on Facebook
Bulenox has a good presence on Facebook, with 1.5K likes and 1.5K followers. In addition, the rating of Bulenox is 5.0/5.0, according to 30 reviewers on Facebook. This is a good indication that the company is doing what it should. Otherwise, complaints would surface across all online platforms, with Facebook being no exception.
The page is listed as a page for Financial Services. Bulenox's address is 1201 N Orange Street, Suite 7149, Wilmington, DE, United States. After digging into the address a bit more, it seems to be one of those office buildings with gazillion companies showing their address. It is slightly alarming; however, it seems to be a fairly common practice in the financial industry to open Delaware companies and get a virtual office address such as the one listed for Bulenox.
This Facebook page was created on May 13th, 2021, and is posting, what seems to be, the same content that they post on Instagram. This leads us to believe that both are connected and are just reposts of one another. Bulenox customer support email is listed as: support@bulenox.com
Bulenox on Reddit
Not very popular is the Bulenox Reddit account. With only six members of the Bulenox Reddit community, the prop firm doesn't seem to be truly focused on this platform. Although the community was only created on June 22, 2022, it's just at its initial stages, and we will update the numbers with time.
Bulenox on Instagram
Bulenox has a decent following on Instagram, with 1,795 followers. They have posted 103 times, and based on their posting; the engagement seems to make sense. Instagram usually shadow bans text-heavy posts, so likes flow in according to this theory. Most posts are announcements of specials and discount codes that Bulenox offers.
Bulenox Pros and Cons
Pros
- Allow Micro Bitcoin (MBT) - most companies do not allow micro crypto contracts
- There is no consistency rule
- There are many account sizes available
- Your first $10,000 is 100% yours
- After making $40K more, 90% of the profits are yours. The 80/20 split is at 20%
- Multiple withdrawal options
- Once funded, a low monthly fee
Cons
- This is becoming a more common practice with companies helping traders to build up a balance.
- They are relatively new, and we don't have much experience with them and are in testing stages ourselves
Standout Features of Bulenox Trader Funding Program
- Global accessibility
- You can trade as an individual or a business (however extra fees might apply if you trade as a business)
- Clearly laid out commission list
- Bulenox has many benefits
- We like the multiple withdrawal options
- MBT Micro Bitcoin is an option - the only company that we know of that offers this
Experience Disclosure: We are currently funded and in evaluation stages of Bulenox trader funding. We break down the features relative to the the industry and help you get the best deal on the program to try out for yourself.
In this article, we will discuss the specifications and the rules of this program. So far, it looks like a very good program that reminds us of Apex Trader Funding or LeeLoo with additional funding methods and better structure.
Risk Disclosure: This content is provided for informational purposes only. We strive to make the content accurate and current by updating it often. Sometimes, the actual data may differ from what is stated on our website. onlineproptrading.com operates independently. Although we are an independent platform, advertisements and sponsored products may compensate us. We also receive compensation for clicking on links on our website. Authors and contributors are not certified or registered financial advisors. Before making any financial decisions, you should consult a financial professional.
Read more about the risks associated with funded trading.
Statement of Hypothetical Results: Many inherent limitations should be considered when estimating hypothetical performance results. Some of these limitations are listed below. It is impossible to predict that every account will have the same results as the ones shown. There are often differences between the hypothetical results of trading programs and actual results. Hypothetical performance results are subject to limitations because they can be derived with the benefit of hindsight. Hypothetical trading is not risky. However, it does not account for actual trading's financial risks. The ability to resist losses and follow a specific trading program without losing money are important factors that can significantly impact actual trading results. Many factors are involved in trading, including the market in general and the execution of any particular trading program. All of these factors cannot be considered in the preparation of hypothetical results.