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#39of 40 prop trading firms2027 edition

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Bulenox Review 2027Core Trading Conditions and Fees

Bulenox is a prop trading firm founded in 2022 and based in Dover, Delaware, USA, funding traders up to $250,000 with a profit split of 100% of first $10,000, then 90%.

RithmicNinjaTrader
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  • Founded 2022
  • Dover, Delaware, USA
  • 3 min read

Key numbers

Max. funding
$250,000
Profit split
100% of first $10,000, then 90%
Entry fee
One-time fee, frequent discounts
Founded
2022
bulenox.com
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Bulenox at a glance

Founded
2022
Headquarters
Dover, Delaware, USA
Evaluation model
Legacy, Momentum and Fast Track
Maximum allocation
$250,000
Profit split
100% of first $10,000, then 90%
Entry fee
One-time fee, frequent discounts
Platforms
RithmicNinjaTrader
Markets
CME futures
Official website
bulenox.com

Bulenox review 2027: low prices, weekly payouts and a new account structure

Bulenox is a US futures prop firm registered in Delaware. It has a loyal following among traders who want inexpensive accounts and a predictable weekly payout. For years it was known for two risk options and steep discounts on monthly subscriptions. In August 2026 it replaced that structure with three routes sold for a single payment. This review explains the old and new arrangements for 2027.

The 2026 restructure

From 17 August 2026, new purchases fall into three routes. Legacy Qualification and Momentum Qualification are evaluations. Fast Track skips the qualification stage. Monthly subscriptions no longer apply to new accounts. The trader pays once. Qualification accounts must be completed within 30 calendar days of activation. Accounts bought before the change continue under their original terms.

Three stages

The funding path has three stages. The Qualification account is the evaluation. The Master account is a simulated funded account from which payouts are made. The Funded account, for traders who progress, trades real capital. An activation fee is due when moving from Qualification to Master.

Qualification rules

Account sizes range from $25,000 to $250,000. Profit targets are fixed dollar amounts equal to about 6% of the account, from $1,500 on the smallest. There is no minimum number of trading days, so an account can be passed in one session. No consistency rule applies at this stage.

Two drawdown styles

Bulenox built its offer around a choice of drawdown. One option uses a trailing limit with no daily loss limit. The other uses an end-of-day limit together with a daily loss limit. The new routes carry this distinction forward in their own terms. The choice shapes every other rule, from contract limits to scaling, so it should be made with care.

Master account and payouts

On the Legacy route, ten trading days are required before the first payout. On Momentum, five qualifying profitable days are needed in each payout cycle. Fast Track has no minimum. Payouts are processed weekly, on Wednesdays. The trader keeps 100% of the first $10,000 withdrawn and 90% after that. A 40% consistency rule applies to every payout request, and the first three withdrawals are capped.

The consistency rule

The 40% rule is the most common source of complaint. A trader who makes most of the profit in one or two days must continue trading until the largest day falls below 40% of the total. Because the rule does not apply in the Qualification stage, some traders first encounter it when requesting money.

Platforms

Accounts run on Rithmic data and can be traded with NinjaTrader and other compatible platforms. Markets are futures on the CME group exchanges.

Reputation

Most public reviews are positive and mention fair prices, simple rules and payments arriving on schedule over long periods. A minority describe payouts denied on grounds they say were not written down, or delayed across several requests. Independent reviewers who have traded the firm for years rate its stability highly and note that its rules changed little before the 2026 restructure.

Pros and cons

  • Price: inexpensive accounts with frequent discounts.
  • Weekly payouts: every Wednesday.
  • Split: 100% of the first $10,000, then 90%.
  • Sizes: up to $250,000.
  • Consistency rule: 40% at every payout.
  • New structure: routes changed in August 2026.

Who is Bulenox for?

Bulenox suits futures traders who want low costs and spread their profit over many days. Traders whose results come from occasional large days will be slowed by the consistency rule.

Verdict

Bulenox is a quiet, dependable firm with good value. For 2027, read the terms for the new routes, since most published guides describe the old ones.

This Bulenox review is part of our Top 40 Prop Trading Firms in 2027 ranking. To compare, read the TradeDay review and the Earn2Trade review.

See Bulenox for yourselfCheck current terms on the official site before you open an account.
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Bulenox vs peers: maximum starting allocation (usd thousands)

Bulenox vs peers: top profit split (%)

Live markets and charts

Live markets

Crypto

Forex

Crypto prices by CoinGecko. Forex figures are European Central Bank reference rates, updated once a day. The ticker is provided by TradingView.

Live forex chart

EUR/USD, one-hour candles. Chart by TradingView; you can switch to any other symbol inside it.

Risk warning: trading forex, CFDs, futures and crypto assets carries a high risk of losing money. This review is general information, not investment advice.