Bulenox Review 2026:
Complete Test and Honest
Bulenox
Our detailed analysis of Bulenox, a Futures prop firm offering accounts from 10K to 250K. Evaluation, conditions, Rithmic platform, pros and limitations.
What is Bulenox?
Bulenox is an American prop firm specialized in trading Futures contracts. Launched a few years ago, it quickly positioned itself as an interesting alternative on the funded trading firm market. Bulenox offers accounts ranging from $10,000 to $250,000, making it one of the firms offering the widest range of account sizes in the Futures sector.
Table of contents
Bulenox's model is based on a one-phase evaluation. The trader must reach a defined profit target while respecting drawdown limits. Once the evaluation is passed, the trader accesses a funded account and keeps 90% of their profits. The firm stands out by the variety of its account sizes, ranging from a 10K micro-account to a large 250K account, which allows every trader to find a format suited to their capital and style.
In short: Bulenox is a growing Futures prop firm that offers a wide range of accounts (10K to 250K) with a 90% profit split. It uses the Rithmic platform for execution and offers a single-phase evaluation model. Its positioning is attractive, but the firm is still relatively young compared to market leaders.
If you're looking for a global comparison of the best prop firms in 2026, we recommend our complete ranking of Futures prop firms which includes Bulenox, Phidias and other major players.
📊 Bulenox in numbers (2024-2025):
- Over 50,000+ active accounts with a 4.2/5 rating on Trustpilot (Bulenox, 2024)
- The widest range on the market: 10 account sizes from 10K to 250K — ideal to match your level (Bulenox official offer, 2025)
- Profit split: 90% for the trader starting from the first funded account, with no profit cap (Bulenox conditions, 2025)
Bulenox Accounts in 2026
Bulenox offers an extensive range of evaluation accounts, which is one of its main selling points. Unlike many prop firms that limit themselves to 3 or 4 account sizes, Bulenox offers options from $10,000 to $250,000, with intermediate tiers.
Main evaluation accounts
Each evaluation account requires reaching a profit target while respecting a maximum drawdown. The minimum number of trading days is generally 5 days to validate the evaluation. Here are the most popular accounts:
The diversity of account sizes is a strength of Bulenox. Small accounts (10K, 25K) are accessible for beginners who want to familiarize themselves with the prop firm environment without investing too much. Larger accounts (150K, 250K) target experienced traders looking for higher leverage.
For an alternative with even more favorable conditions, discover the Phidias Propfirm accounts with the LUCAS code which offers -80% on your first evaluation, an EOD drawdown and French-language support.
Trading Rules and Conditions
Drawdown (Trailing)
Bulenox uses a trailing drawdown system, meaning your maximum loss threshold tracks your profits in real time. Concretely, if you gain $1,000 on a 50K account, your drawdown also moves up by $1,000. This trailing system is less favorable than the EOD (End of Day) drawdown offered by some competitors like Phidias, because it doesn't leave you any room for intraday fluctuations. It's an important point to consider in your evaluation of the firm.
Profit Split
Bulenox offers a 90/10 profit split, meaning the trader keeps 90% of their gains. It's a competitive ratio in the upper-middle range of the market. However, this split can be subject to conditions, including a minimum number of trading days before the first withdrawal and progressive withdrawal tiers in the first weeks of the funded account.
Instruments and Platform
Bulenox focuses exclusively on CME Group Futures contracts: ES (S&P 500), NQ (Nasdaq), YM (Dow Jones), RTY (Russell 2000), CL (Crude Oil), GC (Gold), and others. The execution platform is Rithmic, recognized for its speed and reliability. Traders can connect Rithmic to different interfaces like NinjaTrader, Quantower, Sierra Chart or Bookmap, which offers good flexibility in choosing trading tools.
Payouts and Withdrawals
Withdrawals at Bulenox are made via Rise or bank transfer. Processing time is generally 2 to 5 business days. It is important to note that first withdrawals may be subject to progressive tiers, meaning you won't be able to withdraw all your gains immediately. This tier policy is common in the industry but can be frustrating for high-performing traders who want quick access to their profits.
Specific Rules
Bulenox imposes several rules that traders must respect: no trading during major economic announcements on certain accounts, obligation to close positions before market close, and a minimum number of trading days for the evaluation. These rules are relatively standard in the industry, but it's essential to understand them well before committing to avoid an involuntary violation that would result in the loss of the account.
Important point: Bulenox's trailing drawdown is less favorable than the EOD drawdown offered by firms like Phidias. If this criterion is important to you, check our complete prop firm trading guide to understand the differences between drawdown types.
Pricing
Bulenox prices vary depending on the account size chosen. Here is an overview of monthly prices for the main accounts. It is important to note that Bulenox regularly offers promotions with significant discounts of up to 50% to 80% on the evaluation price. We recommend waiting for a promotion before signing up, as these offers come around frequently.
Base prices are relatively high compared to the competition, especially for small accounts. The 10K account at $115/month is expensive compared to what other firms offer for similar capital. However, regular promotions often bring these prices down to more competitive levels.
For comparison, Phidias Propfirm offers more accessible pricing with the LUCAS code which offers an 80% discount. This price difference is particularly significant for traders who want to test several accounts or who start with a limited budget.
Pros and Cons
After our in-depth analysis of Bulenox, here is a summary of the strengths and limitations of this prop firm in 2026.
Strengths
- Wide range of accounts (10K to 250K)
- Attractive 90% profit split
- Fast and reliable Rithmic platform
- Compatible with NinjaTrader, Quantower, etc.
- Single-phase evaluation
- Frequent promotions with big discounts
- Access to main CME Group Futures
Weaknesses
- Trailing drawdown (less favorable than EOD)
- High base prices without promotion
- Relatively young firm, limited track record
- Progressive withdrawal tiers at start
- No French-language support
- No European base
- Restrictions on news trading
Criteria Rating
We evaluated Bulenox on the essential criteria for a prop firm trader. Here is our detailed rating:
| Criterion | Score |
|---|---|
| Reliability & Reputation | |
| Trading Conditions | |
| Price / Accessibility | |
| Platform & Tools | |
| Profit Split & Payouts | |
| Customer Support | |
| Account Variety |
Bulenox vs Phidias
How does Bulenox compare to Phidias Propfirm, our recommended prop firm for French-speaking traders? Here is a detailed comparison of the two firms on the most important criteria.
| Criterion | Bulenox | Phidias |
|---|---|---|
| Drawdown | Trailing (real-time) | EOD (end of day) |
| Profit Split | 90% | 90% |
| Base | USA | Europe |
| French Support | No | Yes |
| Promo Code | Occasional promotions | LUCAS (-80%) |
| Platform | Rithmic | Rithmic / Others |
| Account sizes | 10K - 250K | 50K - 300K |
Our take: While Bulenox offers a good variety of accounts, Phidias clearly stands out with its EOD drawdown (much more favorable), European base, French-language support and especially the LUCAS code which offers -80% on the evaluation. For a French-speaking trader, Phidias clearly represents the best value for money.
What Traders Say
Here's an overview of feedback from traders who have used Bulenox recently. These testimonials reflect varied experiences within the community.
I passed the 50K account evaluation in two weeks. The 90% profit split is good. However, the trailing drawdown cost me my first funded account. When you're used to EOD, it's a real change. The Rithmic platform works well though.
The big strength of Bulenox is the variety of accounts. I started with a 10K to test, then moved up to the 100K. Promos are frequent and it helps. Support responds correctly but only in English.
Base prices are really high. Fortunately promos are frequent. The payout took 4 days for me. Decent but not exceptional. I eventually migrated to Phidias for the EOD drawdown which suits me much better.
Our Verdict
Bulenox is a Futures prop firm that stands out for its wide range of accounts (10K to 250K) and its 90% profit split. The Rithmic platform is an asset. However, the trailing drawdown, high base prices and lack of seniority are notable weaknesses. For French-speaking traders looking for optimal conditions, we recommend Phidias Propfirm with the LUCAS code to benefit from -80% and a much more favorable EOD drawdown.
Our recommendation: if you're hesitating between Bulenox and Phidias, check our detailed comparison of prop firms 2026. Phidias stands out with its favorable EOD drawdown, European base, French-language support and unbeatable rates with the LUCAS code (-80%).
Frequently Asked Questions
Bulenox is a relatively recent but functional prop firm. It has a presence on Trustpilot with a decent rating and mixed feedback from the community. The firm honors its payments, but its track record is shorter than players like Topstep or Phidias. It is reliable for funded trading, but it is wise to start with a small account to test.
Bulenox accounts range from $115/month (10K account) to $535/month (250K account). However, Bulenox very frequently offers promotions with 50% to 80% discounts. It is strongly recommended to wait for a promotion before signing up to optimize your investment.
Bulenox offers a 90/10 profit split, meaning the trader keeps 90% of their gains. It's a competitive and standard ratio in the industry. Note that first withdrawals may be subject to progressive tiers.
Bulenox uses Rithmic as its execution infrastructure. You can connect Rithmic to different trading interfaces like NinjaTrader, Quantower, Sierra Chart or Bookmap. This flexibility is an advantage over firms that impose a proprietary platform.
Bulenox offers a great variety of accounts and a good split. However, Phidias Propfirm clearly stands out with an EOD drawdown (much more favorable than Bulenox's trailing), a European base, French-language support and the LUCAS code offering -80% on the evaluation. For a French-speaking trader, Phidias is our recommendation.