The ruleset
| Account sizes | $25k · $50k · $100k · $150k · $250k |
| Eval cost (mid tier) | $105 |
| Phases | One-phase |
| Profit target | 6% |
| Max drawdown | Trailing (EOD) · 5% |
| Daily loss limit | None |
| Consistency rule | 30% of profit / best day |
| Min trading days | 1 |
| Max days | Unlimited |
| Profit split (funded) | 90% |
| Payout buffer | 5% |
| Min profitable days (funded) | 5 |
| Trailing on funded | No |
| Payout frequency | Every 14 days |
Simulated results
Three trader profiles, thousands of evaluations each against Bulenox's exact rules. Pass is the eval only, payout is conditional on passing, joint withdrawal is end-to-end, P&L is expected value over 50 attempts. Run the full simulation on your own trades for your real pass probability, risk of ruin and full journal statistics.
Why traders fail this challenge
Balanced-archetype failure breakdown — what actually ends a Bulenox run.
Rules explained
How Bulenox's drawdown works
Bulenox uses a trailing (eod) drawdown of 5% of the starting balance. End-of-day trailing only ratchets against your closing equity, which is materially easier than intraday trailing. See trailing drawdown explained for the full mechanics.
How the daily loss limit is calculated
Bulenox has no daily loss limit on the standard evaluation, which is unusually forgiving. The trade-off is that the max-drawdown gate does more of the work of ending losing runs.
Consistency rule
Bulenox caps single-day profit at 30% of total challenge profit. It doesn't fail you at target — it extends the challenge until your best day falls under the cap. See the consistency rule explained for the full mechanics and how it changes your real pass rate.
Bulenox payouts: how withdrawals actually work
Bulenox pays 90% of funded-account profit to the trader, on a cycle of every 14 days. Before the first withdrawal you must be at least 5% above the starting balance, across a minimum of 5 profitable trading days. The trailing drawdown does not carry over to the funded account, which materially improves the odds of surviving long enough to withdraw.
The split is the number every firm advertises and the least useful one, because it only applies to the runs that reach a payout at all. The drawdown structure decides that, not the split. See why most funded traders never get paid for the full breakdown.
Is Bulenox legit?
Yes, in the sense that matters legally: Bulenox publishes its ruleset, operates a defined 90% profit split and runs a real payout cycle every 14 days. We have no affiliate relationship with the firm, so we have no incentive to say otherwise.
The more useful question is whether the offer is favourable, and that is a maths question rather than a trust question. Bulenox charges $105 for the mid-tier evaluation and requires a 6% profit target against a trailing (eod) drawdown of 5%. Against those rules, a balanced trader profile passes 58.6% of the time and reaches a withdrawal on 18.7% of runs. Over 50 attempts, expected value works out to $40k.
That is the honest frame: the firm is not deceiving anyone, but the business model is built on most evaluations failing, and the rules are priced accordingly. A firm is a bad deal when the rules make the target unreachable for your style — not when it is a scam. Our full analysis of whether prop firms are a scam covers the industry-wide picture.
Is Bulenox worth it?
Bulenox runs Apex-like rules at aggressive promo prices — the reason many high-volume traders test strategies here first. Trailing drawdown is the killer; passing is one thing, but stacking payouts on the funded side is where most traders leak edge.
Frequently asked
What is Bulenox's trailing drawdown?+
Bulenox uses a trailing (eod) drawdown of 5% of the starting balance. This is the single biggest driver of long-run pass rate for most traders.
What win rate do you need to pass Bulenox?+
Not a fixed number. Our simulator runs three archetypes against Bulenox's exact rules: the balanced 50%-win-rate trader passes 58.6% of the time; the scalper archetype and swing archetype produce meaningfully different numbers on the firm page above. Passing is a function of edge, variance, and how the ruleset punishes lumpy P&L — not win rate in isolation.
How much does Bulenox cost long-term?+
The mid-tier Bulenox evaluation is $105. Over 50 attempted challenges, our balanced-archetype simulation nets $40k — that's eval fees paid on failures netted against payouts collected on the joint 18.7% of runs that reach a withdrawal.
Does Bulenox have a consistency rule?+
Yes — no single day's profit can exceed 30% of total challenge profit. High reward-to-risk strategies are penalised most because their P&L is concentrated in fewer, larger winners.
Is Bulenox worth it in 2026?+
Bulenox runs Apex-like rules at aggressive promo prices — the reason many high-volume traders test strategies here first. Trailing drawdown is the killer; passing is one thing, but stacking payouts on the funded side is where most traders leak edge.
Is Bulenox legit?+
Bulenox is a real evaluation provider with published rules and a 90% profit split, paying out every 14 days. The honest answer isn't "scam or not" — it's that the business model is designed around most traders failing. Our simulation puts the end-to-end odds of passing and reaching a withdrawal at 18.7% for a balanced trader. That's a low number, but it's disclosed in the ruleset rather than hidden.
How long do Bulenox payouts take?+
Bulenox runs a payout cycle every 14 days, and you need at least 5 profitable trading days before the first request, plus a 5% profit buffer above the starting balance. The gating factor is almost never processing time — it's reaching the buffer at all.
What is Bulenox's profit split?+
90% to the trader on funded accounts. Profit split is the most advertised number in prop trading and the least important one — the split only applies to the minority of runs that reach a payout at all, so the drawdown structure that decides whether you get there matters far more.
Run YOUR numbers against Bulenox's ruleset
The archetypes above are examples. Feed your own win rate, average win/loss and trades per day into the simulator to see your real pass and payout probability at Bulenox.
Run my simulationBulenox drawdown by account size
Bulenox head to head
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Based on publicly listed rules as of 2026-07-15. Independent — not affiliated with Bulenox. Rules change; verify with the firm before paying. Simulations are estimates based on a barrier-crossing model of daily P&L, not guarantees.