Bulenox: Reviews And Analysis
As an emerging futures trading company, Bulenox provides flexible funding solutions and a variety of trading instruments for global traders.
Bulenox is a futures trading company based in Delaware, USA, established in 2022. The company primarily offers a variety of trading instruments, including stock futures, forex futures, agricultural futures, energy futures, interest rate futures, and metal futures, aiming to provide flexible funding solutions for traders worldwide.
Key Features
- Maximum Account Balance: $250,000
- Profit Sharing: Up to 90%
- Fees: Starting from $115 per month
- Trading Platforms: Supports multiple futures trading platforms including NinjaTrader, Rithmic R|Trader, TigerTrade, OptimusFlow, InsideEdge Trader, Volfix, Atas, Scalp, Overcharts, Medved Trader, Quantower, QST, ScalpTool, TSLAB, TradeNavigator, SierraChart, MultiCharts, Photon, MotiveWave, RInvestor, and Bookmap X-Ray.
Pros and Cons
Pros
- Account balance up to $250,000
- Offers non-scaling accounts and EOD accounts options
- One-step funding process
- Minimum of 5 trading days to qualify for funding
- Provides a 14-day free trial
Cons
- No overnight positions allowed
- Algorithmic trading requires prior approval
Available Trading Instruments
Bulenox supports trading in a wide range of futures instruments, including:
- Stock Futures
- Forex Futures
- Agricultural Futures
- Energy Futures
- Interest Rate Futures
- Precious Metal Futures
- Crypto Futures
Account Sizes and Evaluation Rules
Account Sizes
Bulenox offers multiple account options with corresponding fees:
- $10,000 account: $115 per month
- $25,000 account: $160 per month
- $50,000 account: $315 per month
- $100,000 account: $580 per month
Evaluation Rules
Bulenox's evaluation rules are consistent regardless of account size:
- Minimum Trading Days: 5 trading days
- Challenge Duration: No time limit; traders can trade at their own pace
- Profit Targets and Drawdown Limits: Vary based on account size
Starting Capital | Profit Target | Maximum Drawdown |
---|---|---|
$10,000 | $1,000 (10%) | $1,000 (10%) |
$25,000 | $1,500 (6%) | $1,500 (6%) |
$50,000 | $3,000 (6%) | $2,500 (5%) |
$100,000 | $6,000 (6%) | $3,000 (3%) |
$150,000 | $9,000 (6%) | $4,500 (3%) |
$250,000 | $15,000 (6%) | $5,500 (2.2%) |
Bulenox provides flexible futures trading solutions and support for traders worldwide, making it an ideal choice for futures traders.
Trading Leverage
Bulenox accounts do not offer leverage; the account balance equals the purchasing power, with a leverage ratio of 1:1. The limit is defined by the maximum number of contracts that can be traded based on account size and profits.
- $10,000 account: Maximum of 5 micro contracts
- $25,000 account: Maximum of 3 contracts
- $50,000 account: Maximum of 7 contracts
- $100,000 account: Maximum of 12 contracts
- $150,000 account: Maximum of 15 contracts
- $250,000 account: Maximum of 25 contracts
Profit Distribution
Initially, Bulenox traders receive 100% profit distribution, applicable to the first $10,000 of profits. Afterward, the profit distribution is 90/10, with traders receiving 90% of the profits and the proprietary firm retaining 10%.
Trading Period and News Trading
Bulenox does not allow overnight positions except for the $10,000 account. All positions must be closed by 3:59 PM CT. If the market closes earlier, positions should be closed accordingly. Trading can resume at 5:00 PM CT. No positions are allowed over the weekend.
While there are no explicit restrictions on news trading, traders are expected to have good risk management capabilities.
Others
- Algorithmic Trading: Allowed with prior approval from the Bulenox management team. Automated scalping systems should be used cautiously.
- Free Trial: A 14-day free trial is available.
- Discounts: Bulenox offers several promotions throughout the year, such as a $50 discount for the $50,000 account and a $60 discount for the $100,000 account using the codes $50OFF or $60OFF.
As an emerging futures trading company, Bulenox provides flexible funding solutions and a variety of trading instruments for global traders. With account balances up to $250,000 and profit sharing up to 90%, Bulenox is dedicated to offering the best support for traders. For those seeking flexible funding solutions and a diverse range of trading tools, Bulenox is a platform worth considering.
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