Bulenox is a futures-focused proprietary trading firm offering traders access to funded accounts after successfully passing an evaluation process. Here’s a detailed overview:
Funding and Account Options
• Account Sizes: Bulenox offers accounts ranging from $10,000 to $250,000, catering to both beginners and experienced traders.
• Evaluation Profit Targets and Drawdowns:
• $10,000: $1,000 profit target, $1,000 max drawdown.
• $50,000: $3,000 profit target, $2,500 max drawdown.
• $100,000: $6,000 profit target, $3,000 max drawdown.
• Higher accounts follow similar structures .
Evaluation and Funded Account Rules
• Trading Period: A minimum of 10 trading days is required to qualify.
• Profit Split: Traders keep 100% of the first $10,000 in profits. Beyond this, the profit split adjusts to 80/20 and later 90/10.
• Trading Platforms: Bulenox supports Rithmic and NinjaTrader, which are included free for traders .
Costs
• Evaluation Fees: Monthly fees vary by account size, e.g., $125 for a $50,000 account (discounted), and $155 for $100,000 accounts.
• Funded Account Fees:
One time activation fee, varies
Withdrawal and Scaling
• Withdrawals: Minimum trading days apply for initial withdrawals, with flexible options afterward. Payouts can be requested twice monthly.
• Scaling Plan: Not supported for default accounts but available on higher-end options .
Pros and Cons
• Pros:
• Competitive profit splits.
• No daily risk limits.
• Discounted evaluation fees for popular account sizes.
• Cons:
• Limited to futures trading.
• No live chat support .
Bulenox has received positive reviews on platforms like Trustpilot, with a 4.7/5 rating, making it a reliable option for futures traders .
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