Bulenox: Empowering Traders and Providing Funded Trading Opportunities

Bulenox is a trade organization that aids in honing trading skills so both the beginners and the professional are not left behind, hence it is a platform that helps in selecting traders and for teaching. More so, the firm also provides funds that will allow traders to exchange Future investments. It has grown to be just a monetary arbitrator.

 

Reviews are instrumental to any organizational growth. The feedback of customers is a paramount issue because, through them, any brand can learn or know more about their product. Furthermore, this will help any organization know where and what to improve on. Most new users tend to visit the review section first before attempting to delve into available programs. Reviews can either make or destroy any brand because it is through them that reputations are made. There are various trading platforms with their different features and characteristics. Platforms are assigned different rules and principles which may or may not align with user preferences.

Bulenox Review

Bulenox is one of the fastest-working funded trading corporations in the world. It is a 5-star trade foundation. With its flexibility rule and also a channel for any form of traders to come to do business, also makes the firm a bustling and well-renowned name in the trading world. On Trustpilot, it is rated 4.6/5.0 excellent mark. As a user said, "Very good experience so far with Bulenox. All submissions I created in the helpdesk were addressed promptly and efficiently". It is rare to see negative comments about the firm. On Facebook account, the platform has a 5.0/5.0 review rate by customers. Every trader is willing to be part of it family due to high-profit payout and also engaged in building traders to be able to maximize large profits and productive output. On their various social platform, they have a decent audience and followers. It has built its credibility within a few years since it was founded.

 

Bulenox provides resources for financial profit. It has a simpler navigating protocol with favorable pricing. It is associated with different benefits. It has different account size preferences, and different account funding which comes with great payout. The profits apply according to its flexible regulations and allow different agendas at the same time. Its reset fee is less cheap than other trade fund sites. Its profits are at the same of 90% to 10%. The trader gets a 90% share which is relatively more than the others and the first returns come with 100%. The Bulenox firm has great customer support service. Bulenox being among the top-tier trading firms is due to its following advantages;

  • Different account size opportunities
  • The total percentage of the first payout goes to the trader
  • The profit share percentage is fair
  • Less activation fee
  • It offers a free trial

 

While the firm drawbacks are as follows;

  • Its trading programs are not diverse
  • Withdrawal measures are not that flexible
  • They are new in the business

Bulenox VS Apex Trader Funding

The Apex Trader Funding is a company that supports traders in their business. Their sole purpose is to provide funds for traders, while Bulenox is a firm that is exceptionally known for its trade skills training and it is friendly for both novice and professional traders. It is a more diverse funding trading platform.

 

Trade platforms have different procedures and set-up features. Bulenox and Apex Trader Funding are the top trading firm that feeds traders for different demand. There exist some differences in both trade fund channels. A list of their differences is mentioned below;

  • The Bulenox firm has a less strict protocol for risk management than the Apex Trader Funding which has stricter rules for risk management.
  • Bulenox have more flexibility than Apex Trader Funding that is built with structured trading option.
  • Apex Trader Funding has a more generous funding structure than that of Bulenox.
  • Bulenox customer support has faster responsiveness to customer wants while the Apex Trader Funding customer support is not as diverse as they are more focused on the trading activity.

 

Hence, there comes a need for comparison text for various trading platforms. It can help in decision-making for traders to know which platform fits into their trading technique.

  • Firms General Details

The table below shows the propriety firm generation information

 

Apex Trader Funding

Bulenox

Year of Creation

2021

N/A

Offices Location         

Austin, Texas, USA

Delaware, USA

Maximum Balance     

$300,000

$250,000

Keep First Profits

$25,000

$10,000

  • Instruments

The list of instruments used in both trade funding institutions is compared with each other in terms of Future assets.

 

Apex Trader Funding

Bulenox

Equity Futures

Accepted

Accepted

Currency Futures

Accepted

Accepted

Agricultural Futures

Accepted

Accepted

Energy Futures

Accepted

Accepted

Interest Rate Futures

Accepted

Accepted

Metal Futures

Accepted

Accepted

Crypto Futures

Accepted

Not Accepted

EUREX

Additional exchange subscriptions may be required

Not Accepted

ICE

Additional exchange subscriptions may be required

Not Accepted

  • Program Types

The comparison between both firm funding types is drawn out below;

 

Apex Trader Funding

Bulenox

One step evaluation

Present

Present

Two-step evaluation

Not present

Not present

Instant funding

Not present

Not present

  • Rating

A trusted platform like the Trustpilot has different rates and reviews for the firms

 

Apex Trader Funding

Bulenox

Rating

4.8/5.0

4.6/5.0

Reviews

2,122

195

Stars

5

4.5

  • Free product

This is to tell the free features offered by each trading platform

 

Apex Trader Funding

Bulenox

Free Trial

Not available

Available

Free Reset

Available

Available

Free Repeat

Not available

Not available

  • Trading hours

Every firm has its trading hours which every position is allowed to perform. Most firms trade during the day while some allow for night trading. Let us check out the trading session for Bulenox and Apex;

 

Apex Trader Funding

Bulenox

Night trade

Not allowed

The option to carry over a position to the next day is available exclusively for accounts with a balance of $10,000

Weekend trade

Not allowed

Not allowed

  • Trading style

Every trader has a style that is unique to them which is a better option due to its fluidity. Here are the styles presented to each of the firms:

 

Apex Trader Funding

Bulenox

Day Trading   

Acceptable

Acceptable

Swing Trading

Not Acceptable

Not Acceptable

Copy Trading 

Acceptable

Acceptable

News Trading

Acceptable

Acceptable

EAs/Bots/Algos Trading

Acceptable

Acceptable

  • Payment method

The payment allowed by Apex Trader Funding and Bulenox firm is shown in the table below;

 

Apex Trader Funding

Bulenox

Wire transfer 

Not Acceptable

Not Acceptable

Paypal

Not Acceptable

Acceptable

Neteller

Not Acceptable

Not Acceptable

Skrill

Not Acceptable

Not Acceptable

Crypto

Not Acceptable

Acceptable

Credit Card

Acceptable

Acceptable

Having known the properties of the Bulenox and Apex Trader Funding, traders can thereby choose any channel that will suit them better since every trader has a unique way of going about their business transaction.

Bulenox's Payout

The payout on Bulenox is very lucrative and yields a lot of profit. It is not like other trading that likely charges a  huge percentage share. The payout on Bulenox is friendly in such a way that for every transaction, traders get to have a 90% commission in their pocket while the firm gets a 10% commission. That is for every business, you get disbursed for it, and you get paid for every transaction. Another exciting thing is that first-timers making transactions for the first time are also favored by the firm. The trader gets to have a 100% commission.
 

To make your payout withdrawal, here are a few things to know;

  • Payouts with requests can be made anytime. It has no stipulated time as to when a trader has to rest for money.

  • After the 12th day of trading, the second and third withdrawals can be sold.

  • There is no requirement for a minimum trading day for the 4th withdrawal and successive request.

Managing Multiple Account

Bulenox is a trading company with different features and one of them entails the ability to possess multiple accounts by a user. The Bulenox account does not require having multiple logins. A login code is enough. Having multiple accounts with different logins can warrant account restriction because it is against the firm principle. The outcome of having multiple accounts with different user names by one user can cause a downgrade in the value of market price. More so, it is also a form of market manipulation whereby other traders can be affected at the end of the day.

 

The platform has a  trade copier feature which will help manage the various accounts. One advantage of Bulenox is its ability to accept multiple accounts with the same username at once. Likewise, the same Rithmic User ID will be required to sign up for the account. Once traders are approved, they have the liberty to go ahead to operate the Master Account. The Master Account credibility is checked one by one. When the Max Drawdown attains the starting balance, the Master account can then be subjected to it. Likewise, subjecting several Master accounts to new accounts is quite impossible. Every trader's wish is to attain the Master Account of the profit accumulation. This is one of the goals of traders at Bulenox.


To be able to operate a Master Account, there is some information that has to be talked about. Every trader hoping to join the firm has to to know that Bulenox offers these types of challenge accounts which are;

●    Qualification account
●    Master account
 

To qualify on Bulenox, every user has to pass through the qualification account stage. The qualification account is a challenging design for traders to showcase and also improve their trading skills. After passing the stage, they get access to a funded account which is called the Master account. Attaining the master account is every trader's dream in Bulenox because Master accounts have more advanced tools for trading activity.
 

The few differences between the two are:
●    During the qualification challenge, you cannot request for payout but you can start getting paid after attaining a master account.
●    On the qualification account, there is an option for reset trial but not available on the master account.
 

To be a partaker in the Master account, these are the guidelines:
●    Traders have to trade for a minimum of 5 days on a qualification account.
●    The trading period occurs between 5 pm to 4 pm the next day. Every position must be closed before the end of trading day.
●    Only Futures instrument is allowed for trading
●    Account must not get to the maximum daily drawdown
●    Traders have to reach the profit target and must get to the daily loss limit
●    Any break of rule can warrant account restriction.
 

The privilege of having a Master account include:
1.    You get to have access to enhanced trading tools
2.    Flexible trading hours for maximizing profit.
3.    You can have several accounts and be liable to yield more payout.
4.    Traders can request for the first payout any time and day in the month after you must have traded for 20 trading days. The trading days become as you form a long-time partnership with the firm.

Bulenox General Rules and Guidelines

Following the rule on Bulenox will ensure good trading activities without having stress. The platform has a great funded structure that undergoes an evaluation process which is also referred to Qualification stage. Applying the rules to daily business activity will ensure easy accessibility to the funded programs. Bulenox firm is readily available to form relationships with future traders. Rules applied to Bulenox are as follows:

 

  • Consistency rule

One ultimate rule users have to follow is the consistency rule. You can't afford to be inconsistent with business because Bulenox is all about creating a long-lasting relationship with traders.

 

  • Active rule

For at least once in five days, trading activity must occur. Any account found inactive within five days will result in account suspension. Consistency is the key. The suspension may come without notice and it can lead to users facing the consequences. Funds remaining in the account will be lost with no returns. Active action is not to be taken lightly on Bulenox.

 

  • Analytic Approach rule

As a trader, you are expected to approach every trading activity logically. Have a systematic approach that is based on detailed decisions.

 

  • Scam not allowed

Any form of manipulation is not acceptable. The firm does not accept any endeavor that can warrant getting a large profit with just one performance. Any traces of manipulation or scams that are suspected can cause the disbanding of accounts upon investigation.

 

  • Position size rule

In regards to position size, do not let the average size exceed the point you attained during the qualification stage. Doing this allows consistency and helps to manage risk.

 

  • Withdrawals and Risk Management Rule

There is also a protocol concerning risk-takers. As a trader, the 40% of account balance is not expected to be derived from just a day transaction.

 

  • Maximum Position Size

The type of account chosen will determine the maximum position size. Several positions can be acquired by traders at the same time if there are no available contracts activation at Bulenox.

 

  • Trailing Drawdown

In regards to drawdown, never let the drawdown at its max level on your account.

Bulenox Activated Fee

An activation fee is a form of payment that is required before venturing into further trading activities. The activation fee on Bulenox depends on the type of account. There is a professional account and also Non-professional account.

 

  • Professional Accounts

Traders using this type of account are charged $116 per month for every trade done. On the first day of activation, the payment is processed.

 

  • Non-Professional Accounts

For this type of account, the activation fee varies with the type of account size. Below is the list of available accounts present under Non-Professional Accounts;

  • For the $10,000 Account, the Activation fee is $98.
  • The $25,000 Account, activation fee is $143.
  • For a $50,000 Account, the activation fee is $148.
  • The $100,000 Account has an activation fee of $248.
  • For a $150,000 Account, the Activation fee is $498.
  • The $250,000 Account, has an activation fee of $898.

 

 As a trader who wants to have successful business activity on the platform, it is crucial to take note of the following points:

  • Users are accountable for any fees regards to the trading form chosen. Any platform that is not endorsed by the firm cannot be permitted for trading.
  • Do not stay ignorant of the rules of the form.
  • Be aware of the activation fee for any account desired to ensure a formidable outcome.
  • A data feed subscription is incorporated with its maintenance fee.

Conclusion

Bulenox is a prop firm that is located in the USA. It has a learning feature interface that allows traders to acquire skills to become successful. It's a legit organization that has proven itself daily by checking the reviews on all platforms. As a trader who is looking for a place that incinerates both trading and learning activity then Bulenox is the right place for you. Knowing the rules and fees of Bulenox Trading Company would allow traders to know their business activity principle.