Bulenox Review (2026)
Bulenox (founded 2022) is the clearest choice for algorithmic and systematic traders — it explicitly permits EAs and automated strategies where most firms ban or leave ambiguous. The opening 100% profit retention on the first $10,000 improves on a standard 90/10 structure.
| Founded / HQ | 2022 · US |
| Model | Eval · Option 1 (intraday) or Option 2 (EOD + scaling) |
| Drawdown | Intraday (Opt 1) / EOD (Opt 2) |
| Profit split | 100% first $10K, then 90/10 |
| Eval price (50K) | $130 monthly |
| Activation fee | $98–$898 (Master accounts, by size) |
| Payout speed | Every Wednesday · ACH / PayPal / Venmo / crypto |
| Consistency rule | 40% |
| Daily loss limit | Option 2 only |
| Max accounts | Multiple |
| Max contracts (50K) | 10 minis |
| Instant funding | No |
| Algos / EAs | Yes |
| US traders | Allowed |
| Platforms | NinjaTrader, Tradovate, Rithmic |
At every account size, Bulenox offers two distinct configurations. Option 1: intraday trailing drawdown, full contract count available from day one, no scaling plan required. Option 2: EOD trailing drawdown, daily loss limit applies, tiered scaling plan that unlocks additional contracts as account balance grows. Option 1 suits aggressive, experienced traders who want maximum flexibility; Option 2 is more structured and suits traders who benefit from a progressive ramp-up.
Bulenox pays 100% on the first $10,000 of profits before dropping to the standard 90/10 split. Activation fees apply for Master accounts: $98 to $898 depending on account size. Six account sizes are available including a $10,000 starter size, which is the smallest funded account offered by any firm on this list. Payouts are processed every Wednesday via ACH, PayPal, Venmo, or cryptocurrency.
Bulenox has been operating since 2022, making it a mid-tenure firm. The algo-trading community tracks it more actively than the broader prop trading community, meaning the pool of verified payout data is reasonable for systematic traders but thinner than for the top five firms. Size your first account conservatively until you've confirmed the payout process.
Bulenox has a narrow but definitive audience: systematic and algorithmic futures traders who need explicit, unambiguous algo permission. For that audience it's the clearest starting point. For discretionary traders, firms with longer, broader track records are better defaults.