Bulenox
Bulenox is a proprietary trading firm offering futures trading challenges with trailing drawdown systems. The firm provides qualification and funded account programs with multiple account sizes and competitive pricing structures.
Verification pending
Fees and rules can change. Check the firm’s official terms before purchasing.
What is Bulenox and what makes it unique?
Bulenox is a proprietary trading firm based in the United States, offering traders the opportunity to manage capital up to $25,000,000. It stands out with a 90% profit split, no restrictions on news trading, and the allowance for scalping and the use of expert advisors. With platforms like NinjaTrader and R|Trader Pro, Bulenox provides a versatile trading environment.
What platforms does Bulenox support for trading?
Bulenox supports multiple trading platforms to cater to diverse trader preferences, including NinjaTrader, R|Trader Pro, Quantower, Sierra Chart, ATAS, Bookmap, and MotiveWave. This variety allows traders to choose the platform that best suits their trading style and technical needs.
Can I trade on weekends with Bulenox?
No, Bulenox does not allow weekend holdings. Traders must close all positions before the weekend to comply with the firm's trading rules. This policy helps manage risk and aligns with the firm's overall risk management strategy.
How much funding can I get with Bulenox?
Bulenox offers funding up to $25,000,000, providing traders with significant capital to scale their trading operations. The exact amount depends on the trader's performance and adherence to the firm's evaluation and trading rules.
What are the account restrictions for Bulenox traders?
Bulenox imposes some restrictions such as no weekend or overnight holdings and a daily drawdown limit of 4%. Additionally, only $10K accounts are initially limited to trading Micro contracts. These rules ensure traders manage risk effectively.
What happens if I violate Bulenox's trading rules?
Violating Bulenox's trading rules, such as exceeding the daily drawdown or holding positions over the weekend, can result in account termination or suspension. Traders are encouraged to follow all guidelines to maintain their accounts.
What are the evaluation requirements at Bulenox?
To qualify for a funded account, traders must meet a profit target of 6% and cannot exceed a maximum drawdown of 10%. The evaluation process requires a minimum of 5 trading days, ensuring traders demonstrate consistent performance.
How much does the evaluation fee cost at Bulenox?
Bulenox's evaluation fee ranges from $11,500 to $53,500, depending on the account size and funding level sought by the trader. This fee covers the cost of assessing a trader's skills and suitability for a funded account.
Are there any specific trading strategies restricted during the evaluation at Bulenox?
Yes, during the evaluation, Bulenox prohibits the use of scalping algorithms and the DTC Protocol Bridge API. Traders are encouraged to use permitted strategies to ensure compliance with the firm's rules.
Does Bulenox allow hedging in trading strategies?
Yes, Bulenox allows hedging as part of its flexible trading strategy policies. Traders can use hedging techniques to manage and mitigate risk as long as they comply with other trading rules and restrictions.
Can I use expert advisors while trading at Bulenox?
Bulenox permits the use of expert advisors, offering traders the flexibility to automate their trading strategies. This feature supports a variety of trading styles and enhances the trading experience for those who prefer automated systems.
Are there any restrictions on the instruments I can trade with Bulenox?
Yes, traders with $10K accounts are initially limited to trading Micro contracts. This restriction is part of Bulenox's risk management strategy, ensuring traders start with lower-risk instruments before scaling up.
What is the profit split structure at Bulenox?
Bulenox offers a generous profit split, with traders earning 100% on the first $10,000 of profits. Thereafter, the profit split is 90/10, allowing traders to retain a significant portion of their earnings while incentivizing performance.
How is the profit split calculated at Bulenox?
The profit split at Bulenox is calculated based on the net profits generated. Traders earn 100% of the first $10,000, after which a 90/10 split applies. This calculation ensures traders benefit from their trading successes.
How frequently does Bulenox process payouts?
Bulenox processes payouts weekly on Wednesdays. This regular payout schedule helps traders manage their finances effectively, providing timely access to their earnings through various payout methods.
What payout methods does Bulenox offer?
Bulenox offers several payout methods, including ACH, Wire Transfer, PayPal, Venmo, Cryptocurrency, and Wise. This variety ensures traders can choose the most convenient and cost-effective method for receiving their earnings.
How can I contact Bulenox support for assistance?
Traders can contact Bulenox support through their official website, where they provide detailed contact options, including email and phone support. Response times may vary, but the firm aims to address inquiries promptly.