Bulenox has quickly earned its place among the top futures prop trading firms in 2026. With a 4.75/5 rating from over 1,400 Trustpilot reviews, an industry-leading 100% profit split, and one of the most aggressive discount codes on the market, Bulenox is a firm that every futures trader should have on their radar. In this review, we break down everything: challenge sizes, rules, costs, payout mechanics, and whether the 90% discount code PFK truly makes it the best value in prop trading.
PFK for 90% OFF all Bulenox challenges. Activate discountWhat Is Bulenox?
Bulenox is a US-based proprietary trading firm that specializes in futures trading. Unlike forex prop firms, Bulenox lets you trade CME Group products including ES (S&P 500), NQ (Nasdaq), CL (Crude Oil), and other popular futures contracts. The firm operates a one-step evaluation model, meaning you only need to pass a single challenge phase before getting funded.
The firm supports a wide range of trading platforms including NinjaTrader, Rithmic R|Trader Pro, Sierra Chart, Bookmap, Quantower, ATAS, Jigsaw, MotiveWave, and MultiCharts — giving you flexibility to trade with the tools you already know.
Bulenox Challenge Sizes and Pricing
Bulenox offers six account sizes, all using a [1-step](/en/blog/one-step-vs-two-step-challenge) evaluation. Here is the full breakdown with original prices (before the 90% discount):
| Account Size | Original Price | Price with PFK (90% OFF) | Profit Target | Max Drawdown | Daily Loss Limit |
|---|---|---|---|---|---|
| $10,000 | $115 | $11.50 | $500 | $500 | $400 |
| $25,000 | $145 | $14.50 | $1,500 | $1,500 | $500 |
| $50,000 | $175 | $17.50 | $3,000 | $2,500 | $1,100 |
| $100,000 | $215 | $21.50 | $6,000 | $3,000 | $2,200 |
| $150,000 | $325 | $32.50 | $9,000 | $4,500 | $3,300 |
| $250,000 | $535 | $53.50 | $15,000 | $5,500 | $4,500 |
At just $17.50 for a $50K account after applying code PFK, Bulenox offers arguably the [cheapest](/en/blog/cheapest-prop-firm-challenges-2026) entry point in the entire prop trading industry.
100% Profit Split — Bulenox's Biggest Edge
While most futures prop firms offer profit splits ranging from 80% to 90%, Bulenox stands out by offering a 100% profit split. That means every dollar you earn above the target goes directly into your pocket. For comparison, competitors like TakeProfitTrader and My Funded Futures start at 80%, scaling to 90% over time. Bulenox gives you the full amount from day one.
[Drawdown Rules](/en/blog/ftmo-drawdown-rules-2026) Explained
Bulenox uses a trailing drawdown model, calculated on an End-of-Day (EOD) basis. This means your maximum drawdown level is updated at the close of each trading day based on your highest equity, not in real-time. EOD trailing drawdown is significantly more forgiving than real-time trailing, as intraday spikes in equity do not immediately raise your drawdown floor.
Bulenox also enforces a daily loss limit on all accounts, which adds an extra layer of risk management. For example, on the $50K account, you cannot lose more than $1,100 in a single day.
Pros and Cons
Pros
- 100% profit split — the highest in the futures prop firm space
- 90% OFF with code PFK — $50K account for just $17.50
- One-step evaluation — no multi-phase process
- 9 supported platforms including NinjaTrader and Rithmic
- EOD trailing drawdown (more forgiving than real-time)
- Scaling up to $250,000 in funding
- Active Discord community with responsive support
Cons
- Trailing drawdown can be challenging for swing traders
- Activation fee required when moving to a funded account
- Daily loss limit on all accounts (not all firms have this)
- Futures only — no forex, stocks, or crypto
How Bulenox Compares to Competitors
Compared to other popular futures prop firms like TakeProfitTrader ($170 for a $50K account), My Funded Futures ($77-$227 depending on plan), and Earn2Trade, Bulenox with the 90% discount is significantly cheaper. The 100% profit split is also unmatched — most competitors cap out at 80-90%.
The tradeoff is Bulenox's trailing drawdown and daily loss limit, which some traders may find restrictive. If you prefer static drawdown with no daily limits, My Funded Futures might suit your style better.
Payout Structure
Bulenox processes payouts on a bi-weekly schedule. Once you pass the evaluation and activate your funded account, you can request withdrawals every two weeks. The 100% profit split means you keep everything you earn — there is no firm share deducted from your profits. Payouts are typically processed within a few business days via standard transfer methods.
Who Should Choose Bulenox?
Bulenox is ideal for futures day traders and scalpers who trade actively during market hours and close positions before end of day. The EOD trailing drawdown works in your favor if you do not hold positions overnight, since intraday equity spikes will not raise your floor until the close. The daily loss limit is manageable for disciplined traders who size their positions appropriately — risk no more than $200-$300 per trade on a $50K account.
Bulenox is not recommended for swing traders who hold multi-day positions, as the trailing drawdown will steadily reduce your room for error as your account grows. For swing trading, consider a static drawdown firm like My Funded Futures instead.
The 90% OFF discount also makes Bulenox an excellent option for traders who want to test new strategies at minimal cost. At $17.50 for a $50K evaluation, there is virtually no barrier to entry. You can read more about different challenge structures and drawdown types in our trailing vs static drawdown guide.
Verdict: Is Bulenox Worth It in 2026?
With a 100% profit split, accounts from $10K to $250K, and the 90% OFF discount code PFK, Bulenox is one of the best-value prop firms available today. The combination of rock-bottom challenge prices and full profit retention makes it especially attractive for traders who want to test strategies at minimal cost. The trailing drawdown and daily loss limits are the main things to watch — but if your strategy can handle these rules, Bulenox is hard to beat on value.
Rating: 4.75/5 based on 1,426 Trustpilot reviews. For the latest challenge details and pricing, visit the full Bulenox page on PropFirmKey.
