Reviewed by Jacob Bakshi Jacob Bakshi Jacob Bakshi
CFD & Options Trading Specialist
Trading CFDs and options has been my playground for years, and I love helping others understand these powerful tools and what makes the financial world tick. My work mostly focuses on giving traders the confidence to make informed decisions with unbiased reviews into platforms that prioritize fair pricing, advanced tools, and reliable execution because In fast-moving markets, every detail matters. I have a background in market analysis and risk management, and I’m always on the lookout for brokers that offer the right tools for serious traders.
using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .

Last fact check on July 1, 2025 by

Shaun David Shaun David Shaun David
Regulation • Trading Algorithms • Market Analysis
I’m extremely passionate about the financial markets and working with innovative technology that makes trading better and safer. Since joining the CleaRank team, my primary role is working with real-time broker performance data using the CLEAR™ technology and broker evaluation methodology. I investigate brokers by testing their platforms and uncovering hidden risks and costs. My end goal is to level the playing field for traders and With an extensive background in market analysis and algorithmic trading, I’m qualified to find what matters most to traders.

Bulenox Review 2026

Bulenox is a U.S. based prop trading firm that caters mainly to futures enthusiasts. They offer funded accounts through structured qualification challenges that are designed to help traders prove their skills, access capital, and trade without risking their own funds. Over several weeks, we rigorously tested Bulenox’s platforms, rules, and payout processes, assigning a CLEAR™ score across key categories to determine whether it lives up to its promise of combining cutting-edge technology with trader-friendly conditions. 

While their platform diversity and generous profit splits are clear advantages, some might be deterred by their rigorous evaluation process.

CLEAR™ Certified Prop Firm

CLEAR™ CERTIFIED PROP FIRM: 4.5/5

  • Flexible Options
  • Unmatched Profit Splits
  • Weekly Payouts
  • Safety Thresholds
  • Clear trading framework 

Why Trade with Bulenox

Bulenox offers futures traders a winning combo of high profit splits and structured risk management, enabling qualification of up to 250,000 in capital without risking personal funds. We put that to the test and got through the qualification phase on our second attempt. Once we got funded, we were able to keep 100% of our profits for the first $10K but our splits dropped to 90% thereafter. That’s still highly competitive profit splits even for the saturated prop trading industry. Further testing and research confirmed global access, flexible scaling options, and support for multiple accounts. Combine this with their generous profit splits and smooth weekly payout process, and Bulenox positions itself as a top choice for disciplined futures traders.

Pros

Risk-Free Qualification

Generous Profit Splits

Available Worldwide

Dual Account Options

Multi-Account Scalability

Advanced Tools

Cons

Steep Activation Fees

Strict Consistency Rules

Windows-Only Platforms

No Weekend Trading

Limited Support Hours

Risk-Free Qualification

Generous Profit Splits

Available Worldwide

Dual Account Options

Multi-Account Scalability

Advanced Tools

Steep Activation Fees

Strict Consistency Rules

Windows-Only Platforms

No Weekend Trading

Limited Support Hours

Bulenox website homepage
Bulenox website homepage

Reputation 

(CLEAR™ Score: 4.7)

After confirming the authenticity of thousands of trader reviews using our proprietary Verified Feedback™ AI tool, Bulenox emerged as a reliable and transparent prop trading firm, earning immense praise for its ultra fast weekly payouts, unrivaled profit split structure, and straightforward rules. However, they’re near perfect track record is slightly tainted by complaints of technical glitches and occasionally slow customer support. We must note here that we rigorously tested all the Bulenox platforms over a period of a few weeks and never encountered any technical issues. 

What Traders Loved about Bulenox

  • Ultra fast and consistent weekly payouts 
  • Unrivaled profit splits 
  • Clear trading framework 

What Traders Hated about Bulenox

  • Technical glitches 
  • Occasionally slow customer support

Account Types and Fees: Flexible and Transparent 

(CLEAR™ Score: 4.6)

During our testing, we found Bulenox’s account tiers to be highly structured. Traders have a clear path to scaling capital with flexible options tailored to different trading styles. Bulenox provides two distinct trading modes, no Scaling (real-time drawdown tracking) and EOD (daily loss limits). So no matter if you’re a scalper, intraday, or swing trader, you can easily match your strategy. The one-time activation fees for Master Accounts were steep for larger tiers, but on the upside, our analysis confirmed that the overall fee structure is transparent, with no hidden costs,

Lowest and Highest Bulenox Account Tiers:

Account Size

Monthly Fee

Profit Target

Max Drawdown

Activation Fee (Master)

$10,000

$115–$175

$1,000

$1,000

$98

$250,000

$535

$15,000

$5,500

$898

What We Liked:

  • Transparent Fees: Costs are upfront and tied to account size, with no hidden charges. They’re also clearly structured.
  • Flexible Options: Dual modes cater to most trading strategies such as scalping, intraday, and swing trading. 
  • Useful Discounts: From the Mid-tier account of $50K, traders  get a coupon of at least $50 off. 

What We Didn’t Like:

  • Steep Activation Fees: Master accounts require one-time fees of up to $898. This demands careful ROI considerations. 

Trading Conditions: Systematic Approach

(CLEAR™ Score: 4.7)

Our testing revealed Bulenox’s trading guidelines reward a systemic and disciplined approach. If you’re seeking explosive gains rather than disciplined and precise trading, then their 40% consistency rule (no single day’s profits can be more than 40% of total profits) is going to complicate withdrawals and we suggest you seek an alternative option. Other key frameworks we found that are worth mentioning, profit targets must be hit without breaching dynamic drawdown rules, with daily loss limits scaling from $400 ($10k account) to $4,500 ($250k account). The standout condition for us was the 100% profit retention for the first $10K, which is rare in the industry.

Account Size

Daily Loss Limit

$10,000

$400

$25,000

$500

$50,000

$1,100

$100,000

$2,200

$150,000

$3,300

$250,000

$4,500

What We Liked:

  • Unmatched Profit Splits: 100% of the first $10k earned, then 90% . This beats most competitors per our research.
  • Structured Risk Controls: Daily loss limits prevent catastrophic drawdowns, which is perfect for risk-averse traders.

What We Didn’t Like:

  • 40% Consistency Rule: Limits withdrawals if a single day’s profit exceeds 40% of total earnings. This eliminates all traders that are seeking for explosive gains such as news traders. However, other prop firms like Apex Trader Funding and Alpha Capital Group have an even more restrictive daily profit cap set at 30%.
  • Rigid Daily Caps: Aggressive traders may find loss limits restrictive during high-volatility opportunities.

Trading Platforms: Solid Lineup but with Complex Setup

(CLEAR™ Score: 4.5)

Bulenox supports a strong lineup of trading platforms for a prop firm, catering to both novice and advanced traders. We were really impressed by their integration with Rithmic R|Trader Pro and NinjaTrader, which throughout our test period provided high-speed execution and advanced charting.  However, we found that the setup might seem complex to some and we were also frustrated by the platform-specific limitations which required familiarity with multi-provider configurations.

Pros

Strong Platform Selection

Rithmic Integration

Real-Time Market Depth

Multi-Provider Flexibility

Free Rithmic Trial

Cons

Complex Setup for Most Users

MacOS Limitations

OCO Order Risks

Strong Platform Selection

Rithmic Integration

Real-Time Market Depth

Multi-Provider Flexibility

Free Rithmic Trial

Complex Setup for Most Users

MacOS Limitations

OCO Order Risks

Payout Process: Fast but Restricted Early On

(CLEAR™ Score: 4.4)

Bulenox’s payout system is fast and reliable but imposes limits on early withdrawals to mitigate risk. During testing, our withdrawals were processed on Wednesday on a weekly basis. All the withdrawal methods such as ACH, PayPal, or Wise worked without a hitch. In addition, all necessary tax reporting forms such as 1099 for U.S. citizens and W-8BEN for foreign citizens, were provided automatically and upon request. However, we did find the caps on initial payouts and some minimum reserve requirements frustrating as that limits immediate liquidity when needed.

Bulenox Payout and Withdrawal Limits

Account Size

Max Withdrawal Per Payout (First 3 Payouts)

Safety Threshold Reserve (Minimum Balance Required to Withdraw)

$10,000

$750

$1,100

$25,000

$1,000

$1,600

$50,000

$1,500

$2,600

$100,000

$1,750

$3,100

$150,000

$2,000

$4,600

$250,000

$2,500

$5,600

What We Liked

  • Weekly Payouts: Our funds arrived within 1–3 business days post-request, with no delays reported in our tests. Some prop firms only allow you to request payouts every 14 days, for instance, Trade The Pool.
  • Tax Compliance: Auto-generated 1099 (U.S.) or W-8BEN (international) forms simplify tax reporting.
  • Multiple Withdrawal Options: ACH, PayPal, and Wise cater to global traders.
  • Safety Thresholds: Minimum reserves protect against sudden drawdown.

What We Didn’t Like

  • Capped Initial Payouts: First three withdrawals limited to $750–$2.5k, stifling early profit access.
  • Reserve Requirements: Traders must leave $1.1k–$5.6k in accounts, tying up capital.
  • No Crypto Payouts: Lacks Bitcoin or stablecoin options which are offered by most of their competitors.

Account Opening: Retail in Minutes, Master in Milestones

(CLEAR™ Score: 4.6)

We were up and running with the regular retail/qualification account in under 10 minutes and there was no upfront KYC which saves the headache of uploading documents. Bulenox has streamlined the account process to near perfection in terms of speed and time to market. There were no hidden fees for the qualification account, just a monthly subscription fee which we found to be quite steep for the top tier accounts. The master accounts require a one-time activation fee post-qualification, which varies between $98-$898, unfortunately this is not clearly disclosed upon sign up, although it does appear in their help center.

Step-by-Step Guide to Opening a Bulenox Account

Step 1: Registration:

  • Complete Registration:
  • Visit Bulenox’s website and sign up with basic details (email, password).
  • No background check or KYC required for demo trading.
  • Select Account Size:
  • Choose from retail account sizes ($10k–$250k) in your dashboard.
  • Pay Monthly Fee: Subscribe to qualification account ($99–$299/month).

Step 2: Authorization

  • Download Platforms:
  • Install R|Trader Pro (Rithmic’s platform) and your preferred trading software (e.g., NinjaTrader, Sierra Chart).
  • Connect Your Account:
  • Use instant Rithmic credentials provided post-registration to link your Bulenox account.

Step 3: Qualification

  • Trade on a Qualification Account:
  • Demonstrate risk management skills (e.g., avoid violating daily loss limits).
  • Hit Profit Targets:
  • Achieve the required profit threshold (e.g., 8–10% for most accounts) without breaking rules.

Step 4: Master Account Access

  • Pay Activation Fee:
  • After qualifying, pay a one-time fee (varies by account size) to unlock your master account.
  • Trade and Earn:
  • Follow Bulenox’s rules (scaling plans, drawdown limits) to receive payouts from profits.

What We Liked:

  • 10-Minute Retail Setup: Fast sign up and Instant Rhythmic Access
  • No KYC for Demo: Start trading immediately without document uploads.
  • Structured Master Path: Clear rules for upgrading post-qualification.
  • Platform Freedom: Direct Rhythmic Integration avoids third-party delays.

What We Didn’t Like

  • Hidden Master Fees: Activation costs undisclosed during signup.
  • No Instant Live Accounts: Must pass evaluation before live trading.
  • KYC for Withdrawals: Full identity verification required for payouts.
  • Limited Funding Options: No crypto deposits (ACH/Wire only).

CLEAR™ Methodology Note: Our Score rewarded frictionless retail access but penalized hidden master fees. Bulenox shines for speed but lags in modern payment flexibility.

Customer Support: Responsive but Limited Channels

(CLEAR™ Score: 4.1)

Throughout our test period we received relatively quick and reliable customer support from the Bulenox team, receiving same-day responses to most of our queries and issues. However, there were multiple factors that dampened our experience such as lack of immediate live chat (limited availability) and phone support. That means if you’re in need of urgent assistance, you’re stranded and will have to sweat it out until they come back to you.

Bulenox support ticket submission directly through user dashboard

What We Liked:

  • Fast Response Times: We received support within 24 hours maximum for all cases.
  • Multilingual Support: Our testing revealed that they offer assistance in English, Spanish, and Portuguese, catering to global traders 
  • Proactive Problem-Solving: They assisted us with resolving Rithmic platform outages within minutes and guided us through the document verification
  • Transparent Communication: They clearly explained the rules and payout requirements, leaving no room for confusion.

What We Didn’t Like:

  • No Phone Support: We had to rely solely on email communication or delayed live chat. In urgent situations this is a problem.\
  • Limited Live Chat: They were mostly offline throughout our testing.
  • Over-Reliance on Self-Service: Due to lack of comprehensive FAQs, you might be forced to contact support for rule clarification.
Bulenox Help Center
Bulenox Help Center

Bulenox FAQ

Bulenox is a U.S. based prop trading firm specializing in futures trading and catering to a global audience.They offer fully funded accounts with up to 90% profit splits for traders that pass their rigorous evaluation milestones.

Yes, Bulenox is a legitimate prop trading firm. It passed the CleaRank certification within independent reviews confirming consistent payouts. It received an overall CLEAR™ score of 4.5/5.

Yes, they payout traders on a weekly basis (every Wedensday) via ACH, PayPal, or Wise, with tax forms (1099/W-8BEN) auto-generated for compliance.

The qualification Accounts are unlimited and you can test your skills with multiple evaluations simultaneously. However, master accounts are limited to 11 active accounts under one Rithmic User ID.

No. Bulenox only supports CME Group futures (e.g., ES, NQ, CL) and excludes forex, stocks, and crypto.

1. Download R|Trader Pro and accept Rithmic’s terms 2.
2. Enable Multi-Provider Mode in NinjaTrader (Tools > Options).
3. Configure Connection:

3.1 Select “My Rithmic for NinjaTrader Brokerage” under Connections > Configure.
3.2 Enter Rithmic credentials from your Bulenox member area.
3.3 Set “System” to “Rithmic Paper Trading (Chicago)” and disable Global Simulation Mode 210.

Restart NinjaTrader and connect to “Bulenox”.

Note: macOS users require Windows virtualization, as NinjaTrader isn’t Mac-compatible.

Jacob Bakshi Author Profile
Jacob Bakshi Author Profile

Jacob Bakshi

Author of this review

I’m Jacob and I specialize in CFDs, options trading, and market analysis. Over the years, I’ve developed a deep understanding of the risks and rewards that come with trading derivatives and survived enough volatility to know that trading is like skydiving: thrilling, but you’d better trust your parachute (or broker). I use CleaRank’s Methodology to test brokers based on their offerings and ensure traders that visit our site have access to brokers that align perfectly with their trading strategies.