Futures
Bulenox Qualification
Trailing · $25,000 account
Selected public offer only. Buyer eligibility and other variants are outside this comparison.
Sources checked 19 September – 13 November 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-11-13-pilot-3, approved 13 November 2026. Each source shows the date it was last checked.
Costs
List price
List price: $145 one-time
Conditions and limits. $145, paid once, for 30 days of access to the Qualification Account: no monthly subscription. Once the Qualification is passed and approved, a one-time activation fee of $143 activates the Master Account, with no monthly fee.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Payment (checked 13 November 2026).
About this rule. The advertised base price of the selected account and how it is billed. A temporary public offer, available without a code, is shown beside it with any conditions the firm states, while a recent check confirms it; codes, optional purchases and unverified buyer charges are excluded.
Compare this rule across accounts
Read the guide: What are you buying when you pay for a challenge?
Fee per $1,000 of opening risk
Fee per $1,000 of opening risk: $192.00
Conditions and limits. A one-time fee of $145 for 30 days of Qualification access, then a one-time Master activation fee of $143, which includes market data and account maintenance. A Qualification reset costs $78 and does not extend the 30 days. Exchange data is included for a trader who declares non-professional status; a professional pays a monthly data fee. Connecting to Rithmic through a third-party API or composite software costs $100 a month.
How this is calculated. (List price × charges in a 30-day attempt + activation fee + platform and data fees), in US dollars, divided by the opening loss allowance and multiplied by 1,000.
- List price
- $145 one-time
- Charges in a 30-day attempt
- 1
- Activation fee
- $143
- Platform and data fees
- None
- Opening loss allowance
- $1,500
- Result
- $192.00
Promotions, coupons and optional add-ons are excluded.
Final buyer charges such as taxes or payment fees are not verified.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. The advertised base cost of a 30-day attempt in US dollars, divided by the opening loss allowance and multiplied by 1,000. A cost scenario for comparing accounts, not an all-in price.
Activation fee
Activation fee: $143
Official source: Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. A mandatory charge to activate a funded account after passing, if any.
Compare this rule across accounts
Read the guide: Reserve activation costs and keep refunds conditional
Platform and data fees
Platform and data fees: None
Official source: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026).
About this rule. Mandatory platform or market-data charges on top of the list price, if any.
Compare this rule across accounts
Read the guide: What market data is included, and what costs extra?
Payout processing fees
Payout processing fees: None from Bulenox: payouts go by ACH or wire transfer or by PayPal with no Bulenox transfer fee, though the receiving bank, an intermediary bank or PayPal may charge its own.
Official sources: Bulenox · Help centre: Master Account (checked 13 November 2026); Bulenox · Home (checked 13 November 2026).
About this rule. Charges deducted when a payout is sent, which depend on the payment method.
Compare this rule across accounts
Read the guide: How do payout processing fees affect cash received?
Evaluation & risk
Opening loss allowance
Opening loss allowance: $1,500
How this is calculated. Opening balance minus the opening total-loss floor.
- opening balance
- $25,000
- opening total-loss floor
- $23,500
- Result
- $1,500
Daily loss limits and any trailing of the floor after the opening are separate rules.
Official source: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026).
About this rule. How much the account can lose from its opening balance before the total-loss rule is broken, using the smallest allowance across the required evaluation phases. An account bought without an evaluation uses its funded account's allowance. It is not daily headroom, live capital or a pass probability.
Compare this rule across accounts
Read the guide: How do you calculate the opening loss allowance?
Difficulty ratio
Difficulty ratio: 1.00
How this is calculated. For each required evaluation phase, the profit target divided by that phase's opening loss allowance. The results are added.
- profit target
- 6% of $25,000 = $1,500
- opening loss allowance
- $1,500
- Result
- 1.00
This describes the shape of the evaluation; it is not a pass probability.
Official source: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026).
About this rule. Each required phase's profit target divided by that phase's opening loss allowance, added together. More target per dollar of allowed loss gives a higher number; an account bought without an evaluation has no target, so its ratio is 0. It describes the shape of the evaluation, not the chance of passing.
Compare this rule across accounts
Read the guide: How PFW's comparison pages summarize a route
Evaluation route
Evaluation route: Qualification $25,000, Bulenox, with the Trailing risk model (Option 1): a one-step Qualification Account, then a Master Account once Bulenox has reviewed the pass and the activation fee is paid. After three payouts Bulenox may, at its discretion, move the trader to a live Funded Account. The risk model is chosen before buying and locked for the life of the account. Read on the Accounts & Pricing page, for Tradovate.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026); Bulenox · Help centre: Funded Account (checked 13 November 2026); Bulenox · Help centre: Connection (checked 13 November 2026).
About this rule. The exact variant compared here and the stages between purchase and a funded account.
Compare this rule across accounts
Read the guide: What do one-step, two-step, three-step, and instant funding mean?
Profit targets
Profit targets: 6%
Conditions and limits. $1,500 (6%), with no minimum number of trading days, so it can be passed in one day, within the 30 days of access. Reaching it submits the account for review; the Master Account opens only after Bulenox approves it.
Official source: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026).
About this rule. The profit each required evaluation phase must reach, as a share of the opening balance. An account bought without an evaluation has none.
Compare this rule across accounts
Read the guide: How does the journey from purchase to payout work?
Loss mechanics
Loss mechanics: A trailing drawdown of $1,500, tracked in real time from the highest account value, open profit and commissions included: it starts at $23,500, rises with each new high and never moves back down. Falling below it suspends the Qualification Account, which a $78 reset restores to its starting balance, and closes the Master Account. On the Master Account the drawdown stops for good at $25,100, the starting balance plus $100, once the account reaches $26,600.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. How the maximum loss limit is set and how it trails or locks as the account grows.
Compare this rule across accounts
Read the guide: How do static, EOD, and intraday overall max loss differ?
Minimum days and time limits
Minimum days and time limits: None: the Qualification can be passed in one day, within its 30 days of access. On the Master Account at least one trade a week is required; an account inactive for more than a week without notice could be put on hold or disabled.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. The minimum number of trading or profitable days each evaluation phase requires, including any minimum the firm states a consistency rule sets, any time limit for passing, and any inactivity period after which the account is closed.
Compare this rule across accounts
Read the guide: What counts as a minimum trading day?
Read the guide: Time limits and inactivity: which clock are you reading?
Daily loss and contract limits
Daily loss and contract limits: No daily loss limit. Up to 3 minis (or 30 micros) from day one, with no scaling plan; standard and micro contracts can be traded together, one mini counting as ten micros.
Official sources: Bulenox · Accounts and pricing: Trailing (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026).
About this rule. Two limits: any daily loss limit, and the most contracts the account may hold at once, counting minis and micros as the firm states.
Compare this rule across accounts
Read the guide: How do daily-loss rules compare across prop firms?
Read the guide: How does the firm count contracts toward the limit?
Payouts
First and later payouts
First and later payouts: At least 10 trading days on the Master Account before the first payout request, and another 10 for each later one, counted only once the previous payout has been completed; weekends, holidays and the days until its Wednesday processing do not count. Each request also needs the 40% consistency rule and the Safety Threshold Reserve of $1,600 left above the starting balance.
Official source: Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. When the first payout can be requested and how often later requests are allowed. Waiting periods, qualifying days, review and payment are separate clocks.
Payout minimums and caps
Payout minimums and caps: From $1,000 per request. Each of the first three payouts is capped at $1,000; from the fourth, a request must be less than 50% of the Master Account's total profit. The balance must cover the request plus the Safety Threshold Reserve of $1,600, which stays in the account.
Official source: Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. The smallest request allowed and any limit on how much can be withdrawn per request or cycle.
Funded consistency rules
Funded consistency rules: 40%: the most profitable trading day may be at most 40% of the total P&L of the payout period; for the first payout the Safety Threshold Reserve is included in the calculation. Missing it closes nothing and breaks no rule: trading continues until it is met. It starts again after each payout.
Official source: Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. Rules on how profit must be spread across days or trades before a funded payout, and any required profitable days.
After a payout
After a payout: The next 10 trading days start only once the previous payout has been completed, not when it is requested, and the best day and total P&L reset, so the consistency rule counts only the new cycle.
Official source: Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. What changes on the account after a payout, such as how the loss limit resets or when the account closes.
Compare this rule across accounts
Read the guide: How do actual programs handle the post-payout threshold?
Published processing time
Published processing time: Master Account payouts are processed once a week, on Wednesdays: a request submitted by 11:59 PM CT on Friday is included in the following Wednesday's processing.
Official sources: Bulenox · Help centre: Master Account (checked 13 November 2026); Bulenox · FAQ (checked 13 November 2026).
About this rule. How long the firm says review and payment take after a request. These are published estimates, not measured times.
Compare this rule across accounts
Read the guide: What do “24-hour,” “instant,” and “on-demand” payouts mean?
Refunds
Fee refund with a reward
Fee refund with a reward: None: the terms say all sales are final and no refunds shall be issued.
Official source: Bulenox · Terms of use (PDF) (checked 13 November 2026).
About this rule. Whether and when the challenge fee is paid back after a successful payout.
Cancellation refund
Cancellation refund: The terms say all sales are final and no refunds shall be issued, and the help centre that refunds are not available once an account has been created and the service accessed. An account can be ended early from the profile with Terminate, which cannot be undone; otherwise its access simply expires, with no renewal.
Official sources: Bulenox · Terms of use (PDF) (checked 13 November 2026); Bulenox · Help centre: Payment (checked 13 November 2026).
About this rule. Whether a purchase can be cancelled and refunded, and on what conditions.
Trading rules
News and overnight holding
News and overnight holding: News trading is allowed in both stages: no blackout windows, no forced closing and no penalties around releases such as CPI, FOMC and NFP. Nothing may be held overnight: the trading day runs from 5:00 PM to 4:00 PM CT, and every position must be closed by 3:59 PM CT.News trading: allowed in both stages.Overnight and weekend holding: prohibited in both stages.
Official sources: Bulenox · FAQ (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026).
News trading by stage
- Evaluation and funded
- Allowed.
Official source: Bulenox · FAQ (checked 13 November 2026).
Overnight and weekend holding by stage
- Evaluation and funded
- Prohibited.
Official sources: Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Help centre: Master Account (checked 13 November 2026).
About this rule. Restrictions around scheduled news and whether positions can be held past the session close.
Compare this rule across accounts
Read the guide: How do futures programs handle session-to-session holding?
Expert advisors and copying
Expert advisors and copying: Bots, algorithms and trade copiers are allowed, but only tools the trader built for their own personal use: commercial, shared, rented or publicly distributed automation is not allowed. Connecting to Rithmic through a third-party API or composite software costs $100 a month.Expert advisors: restricted in both stages.Copying your own trades: restricted in both stages.
Official source: Bulenox · FAQ (checked 13 November 2026).
Expert advisors by stage
- Evaluation and funded
- Restricted. Only tools the trader built for their own personal use; commercial, shared, rented or publicly distributed automation is not allowed, and connecting through a third-party API costs $100 a month.
Official source: Bulenox · FAQ (checked 13 November 2026).
Copying your own trades by stage
- Evaluation and funded
- Restricted. Trade copiers are allowed when they are the trader's own tools for personal use; commercial, shared, rented or publicly distributed ones are not, and connecting through a third-party API costs $100 a month.
Official source: Bulenox · FAQ (checked 13 November 2026).
About this rule. Whether automated strategies are allowed and whether trades can be copied between your own accounts.
Compare this rule across accounts
Read the guide: Automation and copying: what actually needs permission?
Platforms & eligibility
Platforms
Platforms: Tradovate, on the web, desktop or mobile (the first login must be from a computer, to sign the market data agreement), with a free NinjaTrader licence on the Tradovate login; or Rithmic's R|Trader Pro (Windows only, not macOS or ChromeOS) and more than 20 platforms that connect through Rithmic, among them NinjaTrader, Quantower, Sierra Chart, MultiCharts and ATAS. Every account runs under one Rithmic User ID. Connecting to Rithmic through a third-party API or composite software costs $100 a month. Exchange data is included for a trader who declares non-professional status; the pages give the professional fee differently: $116 a month for CME, CBOT, NYMEX and COMEX data on Accounts & Pricing, $133 a month in the Qualification help, and $112 a month per exchange in the Connection help.
Official sources: Bulenox · Help centre: Connection (checked 13 November 2026); Bulenox · FAQ (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Accounts and pricing: Trailing (checked 13 November 2026).
About this rule. The platforms the firm offers in this market, with any extra charge or country limit it states. It is the firm's list for all its accounts in the market.
Platform access and eligibility
Platform access and eligibility: Tradovate (web, desktop or mobile, with a free NinjaTrader licence), or Rithmic's R|Trader Pro and the other platforms that connect through Rithmic. Not available to residents of the 97 countries and territories the FAQ lists. One Bulenox profile and one Rithmic User ID per trader, and one trader profile per household unless Bulenox Compliance approves. Up to five Master-level accounts at once (Master, Fast Track and Momentum Master in any combination); Qualification accounts are unlimited. The terms bar minors where they live (generally under 18).
Official sources: Bulenox · Help centre: Connection (checked 13 November 2026); Bulenox · FAQ (checked 13 November 2026); Bulenox · Help centre: Qualification Account (checked 13 November 2026); Bulenox · Terms of use (PDF) (checked 13 November 2026).
About this rule. Who can buy the account: age, identity checks and country restrictions, and any platform limits by country.
Ratings
Not rated. Overall program scores and reliability ratings are not published yet; the figures above are measurements of stated terms, not a verdict.
Related accounts
- Bulenox Qualification: End-of-Day · $25,000
- Bulenox Qualification: End-of-Day · $50,000
- Bulenox Qualification: Trailing · $50,000
- Bulenox Qualification: End-of-Day · $100,000
- Bulenox Qualification: Trailing · $100,000
- Bulenox Qualification: End-of-Day · $150,000
- Bulenox Qualification: Trailing · $150,000
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Background guides
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