Most futures prop firms hand you one rulebook and expect you to fit it. Bulenox does something different at checkout.
Before you pay, you pick your own drawdown model, and that single choice reshapes how the whole account behaves. It is the first real decision you make here, and it is locked for the life of the account.
That is the thread worth pulling on, so this review runs through the model, the plans, and the rules that actually matter day to day.
The Short Version: a futures firm funding you up to $150,000 across the four CME Group exchanges, with no minimum trading days, news trading allowed, daily payouts on two of its account types, and two drawdown models you choose between before you buy.
What Bulenox Is
A futures proprietary trading firm run by Bulenox LLC out of Wilmington, Delaware. You pass an evaluation, activate a funded account, and trade the firm’s capital rather than your own.
The instrument list is wide: 41 futures contracts spanning equity indices, energies, metals, FX, grains, livestock, plus Micro Bitcoin and Micro Ether, all on CME, CBOT, NYMEX and COMEX.
Every major product has a micro version, and one standard contract equals ten micros, so you can size up or down cleanly.
Data comes through Rithmic, with R Trader Pro as the download and more than twenty platforms you can connect on top.
The Choice That Defines the Account
Two risk models, and you commit to one before purchase. This is the part to slow down on.
Trailing Drawdown is the no-scaling route. Your loss limit follows your highest equity point in real time, open positions included, commissions counted.
It rises with new highs and never falls back when you give profit back. In return you trade full contract size from day one, with no scaling steps to climb.
End-of-Day Drawdown is the scaling route. Your loss limit moves only once a day, at the close, and only on realised profit, so your threshold stays fixed while the session runs.
Contract size scales up as your cash balance grows, and hitting the daily loss limit simply pauses you for the day rather than ending the account.
Same account sizes, same targets, same platforms sit behind both. Only the risk engine changes.
Live scalpers often prefer the intraday freedom of the trailing model, while traders who want a fixed daily line and a softer failure mode lean to end-of-day.
The Plans
Bulenox runs three paths to a payout: Qualification, the classic staged route with the lowest entry, plus Fast Track and Momentum.
The Qualification evaluation is priced by account size, one time, with thirty days of access:
- $25,000 account, 3 contracts, $1,500 target, drawdown up to $1,500, $145
- $50,000 account, 7 contracts, $3,000 target, drawdown up to $2,500, $175
- $100,000 account, 12 contracts, $6,000 target, drawdown up to $3,000, $215
- $150,000 account, 15 contracts, $9,000 target, drawdown up to $4,500, $325
No minimum trading days apply, so your skill decides when you pass rather than a calendar. There is a standing coupon, code BULENOX, that the firm states never expires, so it is worth applying at checkout.
You can hold up to five Master-level accounts at once in any mix of Master, Fast Track and Momentum, while Qualification accounts stay unlimited.
What You Keep
The split is generous and front-loaded. You keep up to 90% of profits, and the first $10,000 in payouts is 100% yours.
On Fast Track and Momentum accounts you can request a payout on any trading day and have it processed the same day, with no minimum number of trading days before your first request.
Once a Master Account is activated, there are no monthly fees on it.
The Rules That Help You
A few of Bulenox‘s rules are genuinely trader-friendly and worth naming.
News trading is allowed outright. CPI, FOMC and NFP carry no blackout windows, no forced position closing and no penalties, so the only limits during a release are your drawdown and your position size.
The trading window also runs until 15:59 CT, later than many futures firms allow.
The firm publishes answers on automated trading, trade copiers and its consistency rule in its FAQ and rulebook.
Those specifics change, so read the current rate sheet and rules page for the exact wording before you build a strategy around them.
One Cost to Get Right First
When you sign the Rithmic agreement you declare yourself professional or non-professional, and that declaration is locked for the life of the account.
Non-professional keeps exchange data included at no extra cost. Professional adds CME, CBOT, NYMEX and COMEX data at $116 a month on top of your account.
For most individual retail traders the non-professional status is the correct one, but choose carefully, because it cannot be changed later.
Who Bulenox Suits
It fits active futures traders who want to trade the news, hold positions into the late session, and get paid quickly once funded.
The daily payout option on Fast Track and Momentum is a real draw for anyone who values fast access to profit.
It fits traders who have a clear view on risk style, because the two drawdown models reward you for knowing whether you want intraday freedom or a fixed daily line.
Take your time if you are new and unsure which drawdown model matches your trading, since the choice is permanent per account. Reading both definitions twice before buying is time well spent.
Frequently Asked Questions
How Much Can I Get Funded With At Bulenox?
Account sizes run from $25,000 up to $150,000 on the Qualification route, with contract limits scaling from 3 up to 15 across those sizes.
Does Bulenox Have A Minimum Number Of Trading Days?
No.
There is no minimum trading days requirement to pass a Qualification, so you can clear the target as soon as your trading allows.
Can I Trade During News Events?
Yes.
News trading is allowed with no blackout windows, no forced closing and no penalties, leaving your drawdown and position size as the only limits during a release.
How Fast Are Payouts?
On Fast Track and Momentum accounts you can request a payout on any trading day and have it processed the same day, with no minimum trading days before your first request.
You keep up to 90% of profits, and the first $10,000 is entirely yours.
What Is The Difference Between The Two Drawdown Models?
Trailing Drawdown tracks your loss limit live against your highest equity, gives full contract size from day one and does not scale.
End-of-Day Drawdown updates the limit once daily on realised profit, scales your contract size as your balance grows, and pauses trading for the day if you hit the daily loss limit rather than closing the account.
Final Thoughts
Bulenox earns attention by making its central trade-off explicit rather than burying it.
You decide the risk engine, you trade a wide CME Group product set, and the payout terms are fast and front-loaded.
The homework is small but real: pick the drawdown model that fits how you actually trade, set your Rithmic data status correctly, and read the current rules on automation before you lean on it.
Get those three right and the rest of the account is refreshingly straightforward.